Thursday, August 19, 2010

Glazers Start Paying Huge Debt on Man U.

While many of their NFL-related dealings remain secret but to a select few, the Glazers don't have the same privacy overseas.

That's why we get articles like this one in London, reporting the family that owns the Tampa Bay Buccaneers and Manchester United this week starts paying a whopping 16.25 percent interest on a $312 million loan.

Tough to tell if the family is hurting since Forbes just ranked Man U. the most valuable sports franchise in the world and the Bucs 12th. Of course, if you ask them, there's nothing to worry about at all.

Just don't ask this week. They didn't return Bloomberg's request for comment.

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