Man Utd buyers circle amid growing optimism Glazers could finally sell
The IndependentSign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. A section of the most recent quarterly report reads: “We are subject to interest rate risk in connection with borrowings under our revolving facilities and our secured loan facility, which bear interest at variable rates. “We have entered into an interest rate swap related to a portion of our secured term loan facility that involves the exchange of floating for fixed interest payments in order to reduce interest rate volatility. We cannot assure you that any hedging activities entered into by us will be effective in fully mitigating our interest rate risk from our variable rate indebtedness.” Another large protest against the Glazer family’s ownership of the club is expected next week The circumstances could theoretically see the sale of voting rights shares, at the very least. Even if the Glazers did ultimately settle on a sale, though, the process would take much longer than Chelsea’s.
Discover Related
