Friday, July 20, 2012

Economy - Voice of America: British Soccer Team Offered to Investors in US

Economy - Voice of America
economy-and-business
British Soccer Team Offered to Investors in US
Jul 20th 2012, 21:03

​​NEW YORK — Britain's Manchester United soccer team is in deep financial trouble despite its winning tradition that dates to 1878. Its fans are known to resent the club's American owners, the Florida-based Glazer family, which wants to sell stock in the team to help manage its huge debt.  Manchester United fans protested in 2005 against the sale of their team to American billionaire Malcom Glazer. Many considered him a financial predator who would not invest in quality players to remain ...

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