Glazer family want £600m bond to cut Manchester United's massive debt

Manchester United have asked banks to help them raise £600million in a bid to cut the massive debts they owe financial institutions.

United have been labouring under mounting debts since the Glazer family took over in 2005, burdened by the cost of the takeover.

The Americans have been desperate to refinance as interest payments soared to almost £69m last season on debts of around £700m.

[readon1 url="https://www.dailymail.co.uk/sport/football/article-1240226/Glazer-family-want-600m-bond-cut-Manchester-Uniteds-massive-debt.html?ITO=1490"]Source: mail online[/readon1]