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Everton’s former chief Keith Wyness has claimed the debt Man United will need to take on to rebuild Old Trafford will be “manageable”., the 66-year-old – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – claimed the club could be “lucky” and secure a favourable rate for borrowing as interest rates decline in the United Kingdom.
United’s debt stood at £773.3million when they released the club’s latest financial figures in March.However, Wyness claimed a stadium project is much less risky than transfer outlay – meaning there will be no problems securing the required money to rebuild Old Trafford.“It’ll be workable. It would be different if they were putting it into player transfers and taking a risk, but a stadium is a tangible asset.
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