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-   -   N/S Buc's Franchise may be in trouble? (http://blackandgold.com/nfl/23951-n-s-bucs-franchise-may-trouble.html)

Saintswrath 01-20-2010 06:20 PM

N/S Buc's Franchise may be in trouble?
 
Total debt rises to $1.17 billion for Glazers' Manchester United


LONDON - Manchester United's total debt has risen to $1.17 billion.
Red Football Joint Venture Ltd., which is owned by Tampa Bay Buccaneers owner Malcolm Glazer and his family, has filed accounts that show its total debt for the year ending June 30, 2009, is $28 million more than the previous year.
United said last week that it had reduced its bank debt to $829 million, but the overall increase is because of the high interest rates on its payment-in-kind loans. That debt increased to $329 million.
The overall debt was .......... Read full story from below link.



Total debt rises to $1.17 billion for Glazers' Manchester United



If they don't get this resolved soon, they could be in that number to move to either San Antonio or LA as well.. would be a sad day in the NFCS

homerj07 01-20-2010 06:56 PM

Re: N/S Buc's Franchise may be in trouble?
 
Ouch!! That just proves my theory about soccor

st thomas 01-20-2010 07:05 PM

Re: N/S Buc's Franchise may be in trouble?
 
there nothing but a pain in our buts anyway


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