The American owners of Manchester United are $1.6 billion in debt, leaving their control of the club in doubt, the BBC reported Monday. The BBC said its investigation found the Glazer family's debts are $570 million greater than previously known. Malcolm Glazer and his sons also own the Tampa Bay Buccaneers. All the extra debt comes after the Glazers borrowed extensively against their shopping mall business in the United States. The extent of the debt could fuel a further revolt by a group of United fans who oppose the Glazers' ownership. The Glazers took over United in 2005 in a leveraged buyout worth $1.4 billion. http://sports.espn.go.com/nfl/news/story?id=5259694
Sell all manchester united's assests (players) please. They still wouldnt have enough to pay it off....lol.
