Glazers Desperate As They Tries To Ease Debt Burden
From The Sunday World
Malcxom Glazer is growing desperate as he tries to ease Manchester United´s huge debt burden.
The Old Trafford owner has ordered top banking institution Goldman Sachs to trawl for new investers as the weight of a giant 540m overdraft threatens to cripple the club.
All the way through the US Tycoon´s take over, fan groups warned that the amount of money he and his family were borrowing could threaten United´s future - now those gloomy forecasts look to be coming true.
Its understood that the latest payment of the loan due - 26million - has yet to be paid.
Glazer has promised Alex Ferguson around 35million in transfer funds this summer - which would hardly suggest that United are in money trouble.
But even the Glazers know that Ferguson´s team has to be built up over the next few weeks if United are to have any real chance in the Premiership and the Champions League next year - and bring in the much needed cash those successes would generate.
Ken Lawrence
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a se demander si on va avoir de l´argent a la fin ..
si on ne se renforce pas on peut oublier le titre.
torres a chelsea ce serait fun s´il aime le banc.