Man Utd, Juventus, AC Milan & the 20 European clubs with the biggest debt

Following the release of the latest UEFA benchmarking report, Goal counts down the clubs which owe the most money

For football clubs, debt can be catastrophic, leading to the potential for administration, winding-up orders or points deductions, which can all be applied if a club is run badly enough.

The majority of clubs are in debt but, for most of these, it doesn’t matter because they could be in a position to pay it off, if they wanted or needed to.

For others, though, it endangers their future as a club. Teams such as CSKA Moscow make this list, but their revenues aren’t close to covering what they owe.

ANDERS KJAERBYE

#20 FC Copenhagen | €143m net debt | +10% YoY

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#19 Middlesbrough | €146m net debt | YoY N/A

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#18 Monaco | €147m net debt | +13% YoY

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#17 Besiktas | €154m net debt | +8% YoY

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#16 Schalke | €158m net debt | +21% YoY

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#15 Lyon | €174m net debt | -31% YoY

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#14 FC Porto | €177m net debt | +10% YoY

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#13 Sunderland | €185m net debt | +3% YoY

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#12 Valencia | €213m net debt | -12% YoY

    AA

#11 Fenerbahce | €215m net debt | +44% YoY

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#10 Roma | €219m net debt | -14% YoY

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#9 Liverpool | €225m net debt | -17% YoY

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#8 CSKA Moscow | €229m net debt | +18% YoY

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#7 Galatasaray | €229m net debt | +13% YoY

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#6 Benfica | €269m net debt | -13% YoY

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#5 AC Milan | €272m net debt | +30% YoY

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#4 Juventus | €289m net debt | +2% YoY

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#3 Atletico Madrid | €391m net debt | +44% YoY

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#2 Inter Milan | €438m net debt | +44% YoY

   Dan Istitene

#1 Manchester United | €459m net debt | -18% YoY