Tuesday, March 22, 2011

Manchester United's owners the Glazer family report heavy loss last year

Manchester United's owners made a £108.9 million loss last year, according to their accounts.

The loss by Red Football Joint Venture, the Glazer family's parent company that owns United, include some one-off costs from setting up the £526m bond scheme last year to replace their bank loans, according to accounts filed at Companies House.

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