Debt reaches £716.5M
Manchester United’s debt has risen over £700 million for the first time, latest figures show.
Red Football Joint venture Ltd, owned by the Glazer family, reported that the overall debt of the club has grown to a staggering £716.5million!
Despite winning the Premier League, winning the Carling Cup, winning the FIFA Club World Cup, getting to the Champions league final AND selling the best player in the world for a world record £80million, United still went further into the red as the Glazer’s financial plan unravels.
A Glazer spokesman insists the debt has no bearing on how the club is run.
“The club has a £50million surplus to work with once the interest payments have been made.”
Tell that to the millions of United fans around the world who know the truth.
To help get rid of the cancerous leeches, join MUST.
Short URL: http://www.strettyender.com/?p=1172
Loading ...
Join MUST, sign the petition that’s going to 10 the PM, boycott United merchandise and if possible home games. 4 things that might make a difference…..