Manchester United £716.5m in debt

Manchester United's parent company's overall debt has swelled to £716.5m (€824.8m), latest accounts reveal.

The company Red Football Joint Venture Ltd, which is owned by the Glazer family, filed accounts today for the year ending June 30, 2009 showing their overall debt has gone past the £700m (€805.8m) mark for the first time, increasing by £17m (€19.56m) from £699m (€804.7m).