Manchester United are borrowing £60million.

The news was confirmed on Thursday as the Red Devils announced their second quarter results between December 31 and March 4.

Last year United took out a £200m rolling credit facility as a safety precaution against a significant drop in revenue while the world continue to adjust with the lockdown measures.

And it is estimated that they have lost over £100m in income as a direct impact of these lockdowns.

On Thursday, the club revealed that their matchday income had fallen 94.2 per cent from £55.2m to £3.2m over the corresponding six months in 2019.

United's penultimate match of the season, at home to Fulham on May 15, could host fans and executive vice-chairman Ed Woodward is excited about the return of supporters to Old Trafford.

"In the near-term, our focus remains on preparing for the return of fans to Old Trafford," he said.

"Initially this will be with limits on capacity, but we are hopeful of crowds ramping back up to full capacity next season."