// BBC WORLD NEWS — MONDO
£800m in, £800m out - Why Man City scandal shines light on Man Utd finances
The Premier League panel's report laid it out in black and white.
"The club's income was hugely overstated by over £830 million."
In other words, Manchester City's owners circumvented the league's financial regulations over a number of years by pumping money into the club that should not have been recorded as sponsorship income.
The damning judgement landed less than five days after Manchester United's extended filing to the New York Stock Exchange which detailed their end of year accounts to 30 June 2026.
Contained within it was an interest payment of £37m, an increase from £34m the previous year.
And respected football finance blogger Swiss Ramble now estimates that United's net interest payments since the leveraged Glazer takeover of the club in 2005 have risen to a total of £852m.
Without excusing City's owners in any way, it has not escaped the attentions of many fans from both Manchester clubs that while the arrival of one ownership group in the city resulted in money being ploughed in, it meant a similar significant sum being paid out in interest for the other.
Carlos Baleba is yet to make his first team debut for Manchester United
United's latest accounts included this comment from chief executive Omar Berrada: "While these results confirm that we are on the right trajectory, we will continue to take a disciplined approach to ensure our finances remain sustainable."
This came after a third-place finish in the Premier League, which confirmed a return to the Champions League after a two-year absence.