Manchester United have taken out a bumper £140million loan in order to buy players in the summer transfer window after being hit hard by the coronavirus pandemic.
No football has been played in the Premier League since mid-March, heavily impacting broadcasting and matchday revenues across the league.
Based on government guidance and agreed medical protocols, play is expected to resume in June but finances have been hit hard with no matches for two months and counting.
United, therefore, have drawn £140m of their £150m syndicated revolving credit facility (RCF) in order to spend some cash in the next transfer window.