12-01-2010, 03:18 PM
(12-01-2010, 07:35 AM)Noucamp99 Wrote: We just need to get rid of the leeches.
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Duncan Drasdo
CEO, MUST - the Manchester United supporters' trust www.joinmust.org
It is being reported in the press that 'The Glazers' have borrowed from Red Football Limited (just one of their United Companies) the sum of £10m in personal loans. Why they needed this money was not stated.
The loans had been split £1.6m to each of the 5 sons and 1 daughter.
The Management fees and Consultancy Agreement Maximum came to another £12.9m and so in total 'The Glazer Family and their associates have had from us £22.9m in the 4 years since the takeover.
However it must be said that they are also reported as having taken NO salary since the takeover either. - (Well they wouldn't need to would they ?)
The full article can be read HERE.