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The Terrace

Man Utd to partly be sold

By vegas-voss
August 18, 2011 in The Terrace

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vegas-voss

Posted August 18, 2011

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Posted August 18, 2011

Hoping to raise between ?400m to ?600m to partly pay off debts that are ?515m.

http://www.bbc.co.uk/news/business-14574131

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JamboAl

JamboAl

Posted August 18, 2011

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Posted August 18, 2011

Hoping to raise between ?400m to ?600m to partly pay off debts that are ?515m.

http://www.bbc.co.uk/news/business-14574131

I've never quite worked out how selling shares pays off a club's debt (unless the selling shareholder re-introduces the sale monies as a gift).

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