Quote:
Originally Posted by Russ
United to raise £500m:
Maybe we'll see a decent striker brought in now? And a world-class keeper?
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Wouldn't bank on it, the gnomes kids will probably end up borrowing it, how they were ever allowed into the ground let alone the board room is beyond me
each of Malcolm Glazer's five sons and one daughter, all of whom are directors of Red Football Limited, each personally borrowed about £1.66m from the club, a total of £10m.
Added together, the management fees, consultancy agreement maximum and the £10m the six family members actually borrowed from United make a total of £22.9m paid to the family and their affiliated companies in three and a half years.
http://www.guardian.co.uk/football/b...d-glazers-debt
Manchester United could cash in on star striker Wayne Rooney to help ease the club's debts. Spanish giants Real Madrid and Barcelona are considering £70m bids for the England international.
Full story: The Sun