Glazer and Man Utd
Glazer and Man Utd
Out of context: Reply #20
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- paddywop0
As i understand it, Glazer has borrowed 100's of millions to fund the purchase, and now that its all his Manchester United and all its assets (Old Trafford ect...) are security against the loan. Before this manchester Utd had no debt, now they are liable to the bank for massive amounts of money
Abramovich didn't need to borrow a penny, and Chelsea were already in a lot of debt.