Which other Premier League clubs are in debt?
It would be easier to single out which clubs aren't in debt. Because of the huge amounts of money awash in the Premier League many top flight teams spend prize money and television revenue before they get it.
A recent UEFA report showed the total debt of Premier League clubs is over $5 billion, which equates to 56 percent of the total across Europe. The current Premier League champions Manchester United, owner by the Glazer family, are currently more than $1 billion in debt, a greater sum than the cumulative total owed by all 36 clubs in the top two divisions in Germany. As for the other top clubs, Liverpool's debt has soared to $360 million under American owners Tom Hicks and George Gillett while Chelsea's owner, the Russian billionaire Roman Abramovich, has wiped off $517 million of the London club's debts through his personal fortune.