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Manchester United owners, the Glazer family, move ownership of the club to a company in Delaware

Delaware is rated the most secretive financial location in the world, and the change means that it will be even harder for supporters and media to establish the implications of the club’s corporate structure.

The most pressing issue concerning Manchester United’s highly-mobilised fanbase is how the Glazers managed to clear £249.1 million of payment-in-kind (PIK) loans that had been incurring interest at more than 16 per cent before it was abruptly paid off in November last year.

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telegraph.co.uk
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