AccuracyVsPrecision

AccuracyVsPrecision t1_ixjrn8b wrote

They pay the Glazers money in the books in the form of a loan instead of paying taxes as a dividend.

Most of the capital used by Glazer to purchase Manchester United came in the form of loans, the majority of which were secured against the club's assets, incurring interest payments of over £60 million per annum

4