Friday, July 24, 2009

GLAZERS HAVE TAKEN A LOAN OF 1.1 BILLION POUNDS.

The Glazers have taken a loan of 1.1 billion pound loan from banks and hedge funds , to buy the Manchester United Football Club.
They have to pay back a yearly sum of interest on it amounting to 43.4 million pounds. This could have been one reason they had to sell Christiano Ronaldo for 80 million pounds. And also the buying of players this year was very dull.MThe only player of fame brought was Michael owen from Newcastle United , as they were relegated and Owens contract had come to an end.So he was free.And one other player not very well known.Owen replaces tavez who has moved to Manchester City.But Owen is a injury prone footballer , he was out injured in each year for the past five years.And Antonio Valencia replaced Christiano Ronaldo, let us see if he will fill those shoes now.

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