Friday, February 25, 2011

GLAZERS REJECT MANCHESTER UNITED SALE.

The American Glazer family have flatly rejected the sale of Manchester United. It was reported that the royal Qatar family first wanted to buy the club for 1.5 billion pounds, they raised it to 1.8 billion pounds. This to was rejected.
But Manchester United are in debt , all their season tickets were not sold, there was a drop in sale of jerseys as well, to add to it the new Rooney weekly salary will make a hole as well. The famous stars are ageing and will retire next year like Edwin van Der Sar, Ryan Giggs, Paul Scholes and Gary Neville.
The glazers are paying interest of 16.25 % on their loan. It was increased from 14 % by the bank.
The Qatar family would have paid their debt and they would have recovered their money, but they want to stayat Manchester United for a long time.

No comments: