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Manchester United post record turnover figures

The Premier League champions’ third-quarter turnover of £91.7 million was released to the New York Stock Exchange on Thursday, but gross debt still stands at £367.6m

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vulcanproject1270d ago

Nobody at all is happy about the debt, but the Glazers are winning the fight and the protests have lost a bit of their edge again. At least until the team takes a dip.

United have paid more than 500m in interest payments alone. This has restricted the club somewhat but it hasn't shown a great deal the past 7 years, even though it must surely be happening.

They have been exceptionally clever in their marketing of the clubs brand, and United's revenues have soared. The club would still be much better off without the debt in the first place, but getting rid of the Glazers now has become virtually impossible I think.

The time to dislodge them was in 2010 and it has long since passed.