Man Utd draws for potential transfers

摘要

Premier League football club Manchester united has drawn £140m of its £150m syndicated revolving credit facility, with the money set to be used to fund player acquisitions after the club's operating cashflows were hit by the Covid-19 crisis.Bringing in new players could be key to the club's attempts to retain its position in the UEFA Champions League. Failure to qualify for the competition would further hit earnings and could put pressure on debt covenants.