Before you start spouting and spreading hatred in a CRUCIAL part of our season. Get hard facts first.
Man Utd is valued by Forbes at $1.84 billion, first among all sports franchises, ahead of the Dallas Cowboys ($1.65 billion) and the Yankees ($1.6 billion). Manchester United counts 139 million core fans worldwide and as many as 339 million followers, has a jersey sponsorship with the insurance broker Aon that pays $34 million a year and a long-term deal with Nike worth $470 million plus profit sharing. The Glazers know Utd valuation is high and this is what makes Utd a attractive prospect and as far as thing states there is no PIK and refinancing officially. Utd is in sound financial health as a club and is easily covering its interest payments. At the rate man utd are making money they could pay off the debt in 8 years if that is deemed important. However, to the glazers the most important thing is the clubs worth as they would need Utd to be attractive and for this to happen it is in Utd best intestrest and the Glazers to do well on the pitch which we are.
Nothing to worry about at all. Nobody knows if they have refinanced, Andersred also points this out. A new company also allows for new shareholders. As much a possibility as refinancing is.
The fact thy have refinanced 3 times in 6 years leeds most to beleive a refinancing is the most logical option for them.
The logical option is to remove the debt completely. Also refinancing can only go on so long, eventually people want to get paid. Now we are out of the recession people are definitely wanting to get paid again.
This is a common mistake made by a lot of people through ignorance. Ask yourself how the Glazers managed to force the sale of United in the first place. They certainly did not use shirt buttons.
