Date: 19th May 2010 at 5:00pm
Written by:

According to reports surfacing in the media, our wonderful owners, the Glazers, are about to unleash further debt on us.

It`s being reported that an additional £75 million could be heaped on our debt total due to a forthcoming interest rate rise.

It seems that the interest rate on the £220 million loan increases from 14.25% to 16.25% come August prompting a financial source in the city to pipe up,

“The pressure is growing on the Glazers to sort their debts out as soon as they can before they go too high.”

“They will have to find this money from somewhere and I imagine it will come from the club.”

When did our wonderful game become all about money, somebody please enlighten me?

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