A series of unfruitful results or poor recruitment coupled with many other strategical woes can lead a club to humongous debts. Debt, in general, is a normal thing in football. To run a European football club, it is quite natural to have debts.

But what happens when it becomes a gigantic one? Well, then it can have possible ramifications.
We have seen over the years many clubs have gone extinct for not clearing their debts. The liquidation of football clubs due to the inability to clear debts is not a new thing, but it generally happens to clubs of smaller stature.
For the European giants, debts are somewhat more of an issue to address lack of investments in coming future. Many European football clubs have jaw-dropping amount of debts and today we shall look at the biggest in the list-
Ten European Football Clubs with highest Debts
Which clubs have the most to pay in debts? Well, there are some big names. Let’s have a look-
10. AS Roma (Italy)
Owner: Thomas Dan Friedkin (Friedkin Group)
The Italian club has a reported debt of €208 million in the market, which is around 1888 crore in Indian currency.
9. Juventus (Italy)
Owner: Agnelli Family
The Old Lady from Turin are also high in debts, as they will have to pay €209 million in the market, which is almost 1900 crores in INR.
Juventus are further in trouble after financial malfeasance recently where they deliberately and illegally hiked their finances.

8. Galatasaray (Turkey)
Owner: Galatasaray Sportif Anonim Sirketi
The Turkish giants Galatasaray are one of the big guns in Europe. In the market, they have a debt of around €222 million, which is around 2015 crore when it comes to Indian rupees.
7. CSKA Moskva (Russia)
Owner: Russian state-controlled VEB
The Russian club have a debt of €224 million. They are a renowned club in Russia but the recent war issues meant they are now banned from any European involvement, which is another big hit to their finances.
6. AC Milan (Italy)
Owner: RedBird Capital Partners (99.93% stakes)
AC Milan are one of the most successful clubs in Europe. The Italian giants have a rich history but they are also struggling in the market, with a €249 million debt – 2261 crores in Indian money.
5. Queens Park Rangers (England)
Owner: Total Soccer Growth (51%), Tune Group (46%), Lakshmi Mittal (3%)
The London-based club plays in the second tier of English football, the only team among the listed clubs who don’t play in top tier European league. QPR have a debt of €279 million (INR 2451.8 crore) in the market.
Incidentally, Indian business tycoon Lakshmi Mittal owns a minority stake at the club.
4. Valencia (Spain)
Owner: Peter Lim
The Spanish club are 4th in the list and the only La Liga club. They have a debt of €285 million (Rs 2587 crores) in the market.
3. Inter Milan (Italy)
Owner: Suning Holdings Group
Another Milan giants Inter Milan have the biggest debt among the Italian clubs. They are owned by Chinese holding company Suning since 2016, and have a debt of around €307 million, which goes like Rs 2787 crores.
2. Benfica (Portugal)
Owner: Sport Lisboa e Benfica
Portuguese giants Benfica have the 2nd highest debt among the football clubs. Despite being a top seller club, they currently have to pay €336 million in the market, which is north of INR 3000 crore mark.

1. Manchester United (England)
Owner: The Glazer Family
Manchester United by far have the biggest debt among all football clubs. The Premier League giants currently have €536 million of outstanding payments and are in definite need of an ownership change.
The debt value is a gigantic Rs 4867 crores, and almost 200 million euros more than 2nd placed Benfica.
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