Manchester United registers record loss of 83.6 million pounds

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Figures released by Manchester United have revealed that the club has registered a loss of 83.6 million pounds in the year to July.

The tumble was down to costs related to managing the club’s mammoth debts.

The club was left with a further 65 million pound bill for re-arranging loans.

Experts have said that without the Glazer family debts, the Old Trafford outfit would have made a profit.