The Financial Impact of the Glazer Family's Takeover on Manchester United
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Summary
The Glazer family's takeover of Manchester United in 2005 resulted in £1.2bn being spent on debt interest, repayments, dividends, and fees to the family over 20 years.
Key quotes
· 2 pulledIt was a deal mainly funded by borrowed money and loaded £604m in debts on to the club.
The club's board had warned, external in April 2005 about the dangers of this amount of debt.
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