Glazers to pay off £220m of debts

The Glazer family, who own Manchester United, are set to pay off £220m (€260m) of their high-interest PIK loans.

Tue, 16 Nov, 2010 - 07:19

The Glazer family, who own Manchester United, are set to pay off £220m (€260m) of their high-interest PIK loans.

The Glazers’ holding company Red Football Joint Venture will pay off the entire payment-in-kind debt next week, according to a voluntary free-payment notice seen by Bloomberg.

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Glazers to pay off £220m of debts

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