MANCHESTER UNITED'S cash reserves have dropped by �87million and the club is still more than �400m in debt. Yesterday's figures for the three months from July to the end of September showed the club's reserves had fallen from �151.7m to �65m compared to the same time last year.
The club debt has actually fallen over the last year from �516.7m but it remains at �433.2m.
The fall in cash reserves comes mainly from �47.1million spent on players.
Other big expenditure has come with the owners buying back �23.1m of bonds they issued to ease the debt. In the six years the Glazers have owned United, more than �400m has been spent servicing the debt they saddled the club with when they bought it.
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