THE GLAZERS ARE IN A BIG MESS FINANCIALLY.

The American owners of the E.P.L team Manchester United are in big financial problem again. As the mortgage was not paid on time , the interest has risen from 14.25 percent to 16.25 percent.

Out of the 68 shopping malls owned by the Glazers, 9 malls are now closed.And there is a big fear that 29 more malls may close as well.As the rent is not covering the loan.

Manchester United are in a 716 million pound debt , all from borrowing by the Glazers to buy Manchester United in 2005.

The family other business is not doing well either.They own the N.F.L team The Tampa Bay Buccaneers, this to is in financial trouble. They admitted last week that for years they were buying tickets, that were not sold to abide by the N.F.L rules, if they did not buy it then the T.V. would block them out. But they will stop this practice now. But it has cost them hundreds and thousands of pounds.

MANCHESTER UNITED SELL SEASON TICKETS AS GENERAL.

Manchester United have been forced to sell over 4,000 season tickets a s general tickets,the club people say they are blaming the recession for the drop in the sale of the season tickets. this has never ever happened in Manchester United history. Oh by the way Chelsea,Arsenal, Liverpool,Tottenham Hotspur have long since sold all their tickets, and Manchester city has only a few tickets to sell all theirs.

This is a big victory for the Rebels of Manchester united who want the Glazers out.

NOW THE CHEQUE BOOKS COME OUT.

Now it is crystal clear the things at Manchester United where finance was concerned are in a very bad state. Their debt by the Glazer family had crossed 700 million pounds, and it will get worse in the next year. So last year Christiano Ronaldo was sold for 80 million pounds, because of this they had a profit this year. Now it is the turn of Wayne Rooney to be sold and both the Spanish giants are ready to splash the money. Both are offering 70 million pounds for him, they may bargain and make it 75 or even 80 million pounds in the end. But Wayne Rooney has repeatedly said that he does not want to go to Spain.
But the meltdown at Manchester has truely begun in a big way, will it be the end.

MANCHESTER UNITEDS HUGE DEBT.

Manchester United have made a a pre tax profit for 2009. this is mainly due to the selling of Christiano Ronaldo for a record fee of 80 million pounds, and reaching the champion league final verses Barcelona also helped,adding to this was the E.P.L winner and Carling xcup winners cash. But last year they were in loss.. Sothey have decided to issue Bonds for 500 million pounds, to help generate funds.
But all is not well there the Glazers have taken a 10 million pound loan. And early the club papays huge interest, last year they paid 41.9 million as interest. Now the total debt of the club is a huge amount it has passed the 700 milllion pounds since the Glazer family took over at Manchester United in 2005.

MANCHESTER UNITEDS DAYS ARE NUMBERED..

The glory days of Manchester United may well and truly be over. As the Glazer family from America , had take a ma huge loan of 1.1 billion pounds to buy the shares of Manchester United.
Now he will have to repay the capital amount of 1.1 billion pounds, plus there will be the large interest also to be paid back , till about the year 2013.
The Glazers have now two options , one is to sell the club, or to start selling some players each year, starting next season.
Arsenal are also doing this, as they have to pay back for the money taken to build the Emirate Stadium.. So they sold Patrick Vieira, the first year along with Robert Pires, then they sold Aleksander Hlep and lastly they sold Thierry Henry for 16 million pounds.
So the Glazers will have to do things like Arsenal fast.