Ratcliffe, who injected £300 million ($407.4m) of his own money into the club, said in March that United were in significant financial difficulties. "In super-simple terms, the club has been spending more money than it's been earning now for the last seven years, and it ends in a very difficult place," Ratcliffe said. "And for Manchester United, that place ended at the end of this year, the end of 2025, with the club running out of cash."
Frontier Airlines is looking to capitalize on its rival's financial woes. The budget carrier announced 20 new routes on Tuesday, with some fares as low as $29. They include key Spirit Airlines hubs like Fort Lauderdale, the beleaguered carrier's home base. Starting in late November, Frontier said it will fly from Fort Lauderdale to Baltimore, Charlotte, Dallas/Fort Worth, Detroit, Chicago, and Houston.
Altogether, Limestone owes $381,405 to 281 students, according to a report submitted to the South Carolina Commission on Higher Education by a consulting firm managing the university's assets.
Judge John O'Connor has informed the board of directors that the company has sought the appointment of an examiner. The company, Prime Steak Restaurant trading as Fade Street Social, owes Revenue €1.7 million 'and maybe more' and is unable to pay its debts. Dessie Morrow of Azets Ireland has been appointed as examiner for the company's affairs and will provide a special report to Revenue regarding inter-company loans totaling almost €4.5 million.
Londoners owe 1.4 billion in unpaid council tax, an increase of 11% in just one year, emphasizing the severe impact of the ongoing cost-of-living crisis.