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the glazers' other businesses - article this morning from the grauniad
Quote:
http://www.guardian.co.uk/football/2...-fortunes-wane |
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Re: the glazers' other businesses - article this morning from the grauniad
I don't see too much relevance on how much debt they personally are tbh. It is of for more relevance how much united is in.
Although it does make you think, if they get a big enough offer they might pack it in. |
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Re: the glazers' other businesses - article this morning from the grauniad
It matters because the bond gave them the right to take money out of the club to pay other corporate debts . Ronaldo money siphoned out to pay down Shopping Mall debt. Meanwhile the PIK debt grows at 16.25% The bottom line might be that their overall debts are worth more than their overall assets and will be using every penny they can from United to keep the whole Glazer boat afloat (think Captain Bob and the Mirror pension fund)
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Re: the glazers' other businesses - article this morning from the grauniad
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Re: the glazers' other businesses - article this morning from the grauniad
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Re: the glazers other businesses article this morning from the grauniad
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