Manchester United have announced they have reduced their gross debt to £359.7 million, according to a release of their results for the first financial quarter.

The reduction is due to the 'retirement' of a further £62.6million-worth of bonds during the first financial quarter, the Premier League leaders said.

The club's big-money shirt sponsorship deal with Chevrolet has underpinned a 32.4% increase in sponsorship revenues for the club as commercial revenues rose by 24% to £43 ...

Read more