Monday, June 07, 2010

United going to hell in a handcart with Glazers' at the helm?...

The shocking truth about the Glazers' business empire on the other side of the pond is set to be revealed by BBC Panorama tomorrow night. It is claimed the Glazer family are £1.1bn in debt - £400 more than was previously known. The Glazer family owns the Tampa Bay Buccaneers and First Allied, a shopping mall company, which according to reports is said to be worth 'next to nothing'.

With interest rates set to be raised to over 16% on a chunk of the Glazer debt mountain, it raises fears that Ferguson will not be given sufficient funds for team rebuilding.

BBC Panorama

Shocking truth about Glazers' debts

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