Thread: Football Talk 2004/2005 (Soccer)
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Old 05-13-2005, 02:39 PM   #4915
The Mask
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Anyone see the report on Channel Four just? Reporter saying about how Glazer has borrowed 265m (or something) against Manchester United' s assets, and a further 200 odd million not against it, but it will be all transferred onto the club once he gets a 75% shareholding. The guy then questioned how he is going to make the loan repayments back (apparently 20 million per year) and saying that the only real way in which he can say the money being generated (or near the amount) is by (as said before here) ripping up the TV agreement when it runs out, or more seriously, trying to take us into a European superleague. Ended the report by saying all the fans of other clubs crowing about the fall of Manchester United, may well find that Glazer could bankrupt many clubs in the Premiership.

took that from redissue forums.
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