We break down the numbers involved in the Glazer family's 18-year ownership of Manchester United
When that the board of directors were “commencing a process to explore strategic alternatives for the club”, many people believed the end of the Glazers’ 18-year ownership was nigh.
” Avram Glazer was at Wembley to watch the FA Cup final against Manchester City The key word there being ‘mostly’. Of their $650m principal debt, United pay fixed interest rates on $425m but variable rates on $225m. Variable rates also apply to drawdowns from the revolving credit facility.
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