Costs rise as Man Utd agree new $550m funding deal

Manchester United has agreed to a new $550m funding deal, which will increase the interest rates on their debt from 3.79% to 5.36%. As a result, the cost of servicing the team's debt will rise, adding to their financial expenses. The increased interest rate is expected to have a significant impact on the team's finances, with higher payments required to service their debt. Manchester United's financial situation will be closely monitored as they navigate the new funding agreement.

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