very suspisious IMO,first of all they need to stop all this accounting in the cayman islands,bring the books home and open the can of worms
manchester united registration in the Caymen Islands specifically as a Caymen Islands company was a strategic move related to financial engineering and potential tax avoidance.
This structure allowed for debt manipulation and a two tier ownership structure that may not have been possible in the UK corporate framework,The Caymen Islands known as tax haven provides a tax neutral enviroment making it attractive for companies seeking to minimize tax liabilities