Ouch.
http://business.timesonline.co.uk/to...cle6999775.ece
Quote:
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Manchester United’s controversial bond issue has cost the Premier League football club £54m, it emerged this weekend.
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While I'm still amazed that takeovers Glazer style are allowed at all this is staggering, paying out 54 mil and still having a whacking great interest payments each year. I can see them having big problems in the near future.