MU: bye bye trophies?

In Uncategorized on 23/01/2010 at 5:53 am

Why MU may have no money for new players even though it raised £504m via  junk bonds. The bonds were sold in two tranches, one of £250m with a coupon rate  of 8.75%, and another tranche of US$425m with a  rate of 8.375%

“Glazers could take £130m out of Manchester United next year

• Small print in bond offer reveals shock provisions

• Owners able to get cut of money from player sales”

And an MU fan and journalist  puts the knife into the Glazers.

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