Price of football and paying its staff a living wage
Sat Nov 14, 2020 9:44 am
https://twitter.com/KieranMaguire/statu ... 65504?s=19
Worth a follow
The Glazers at Manchester United can't find it within themselves to give lowest paid staff a 58 pence an hour raise to take them to the real living wage, but have managed to pay £837,000,000 in interest charges since they acquired the club in 2005. #MUFC #YayForBankers
Worth a follow
The Glazers at Manchester United can't find it within themselves to give lowest paid staff a 58 pence an hour raise to take them to the real living wage, but have managed to pay £837,000,000 in interest charges since they acquired the club in 2005. #MUFC #YayForBankers
Re: Price of football and paying its staff a living wage
Sat Nov 14, 2020 1:59 pm
They borrowed the money to buy utd in 1st place leaving it £500m+ in debt.... while they've made probably £100m out if it themselves! 
Re: Price of football and paying its staff a living wage
Sat Nov 14, 2020 2:04 pm
pembroke allan wrote:They borrowed the money to buy utd in 1st place leaving it £500m+ in debt.... while they've made probably £100m out if it themselves!
Are they not responsible for the debt?
Re: Price of football and paying its staff a living wage
Sat Nov 14, 2020 4:29 pm
Bakedalasker wrote:pembroke allan wrote:They borrowed the money to buy utd in 1st place leaving it £500m+ in debt.... while they've made probably £100m out if it themselves!
Are they not responsible for the debt?
No the club is... it's the way they bought the club that's why fans hate them ! Basically they borrowed against utd income streams shirt sales tv money ect .... couple years ago they made around $50m+ in share options, it's a cash cow for them that's for sure without the risks
