United hobbled by Glazer debt - claim
Manchester United’s owners will have to take tens of millions of pounds out of the club every year to pay off their expensive loans, an investigation into the Glazer family’s finances has claimed.
In a programme to be screened tomorrow night, BBC’s Panorama says the Glazer family’s debts total more than £1.1bn (€1.3bn) – £700m (€848m) tied to Manchester United, £388m (€470m) on mortgages for their First Allied shopping mall business in the United States and £66m (€80m) tied to their Tampa Bay Buccaneers NFL team.
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