Manchester United's continuing debt repayments have led to their parent company posting a Â£44.8million pre-tax loss for the year ending June 2008.
That figure takes Red Football Joint Venture Ltd's overall debt to Â£649.4million, despite an operating profit of Â£80.4million over the same period.
That profit represents an improvement of Â£5million on the previous year, achieved partly thanks to United's triumph in the Champions League final last May.
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