The Red Devils have continued restructuring debt which was incurred when the Glazer family borrowed against the club to fund their leveraged buyout in 2005

The refinancing of borrowings related to the Glazer family's 2005 takeover means the debt now amounts to $550m, at a higher interest rate.

The Red Devils have continued restructuring debt which was incurred when the Glazer family borrowed against the club to fund their leveraged buyout in 2005

Why have they taken this step and what are the ramifications? The Athletic analyses the latest financial developments at Old Trafford