OccupiedPalestineBlues
Well-Known Member
I broadly agree with you. But what I suspect is that things have now reached a tipping point with the Glazers that makes it increasingly difficult for them to meet their debt payments.
They have just won the Super Bowl with Tampa Bay but, like all NFL clubs, they are taking a huge hit from Covid.
They are sitting on a large number of virtually worthless retail sites which they bought with borrowing and the debt at United is at least £700m, excluding long-term payments on transfers and any infrastructure spend.
I also heard from someone well placed to know that the Glazers were touting United around for investors before last Christmas and there are still persistent rumours about Saudi or Chinese investors. Now they have lost the chance of a bale-out from the Super League. They have got nowhere to go.
Haha I love your insight.
I think we’re cut from the same cloth and bet we’d get in like a house on fire if ever we met in a boozer.