Kl@w-24
Slideshow Bob
Glazers ready to sell Old Trafford now!!
*www.football365.com/story/0,17033,8652_5858869,00.html
*www.football365.com/story/0,17033,8652_5858869,00.html
The Glazers have admitted that they could sell Old Trafford to raise money after leading Manchester United into £700m of debt.
Reports have suggested that Wayne Rooney could be the next asset sold by the club, but the prospectus for their £500m bond issue suggests that Old Trafford could be sold.
The Glazers warned that 'the indenture governing the Notes (bonds) will limit our ability to sell or transfer, but not prohibit us from selling or transferring our training ground facilities and our stadium'.
Training ground Carrington is likely to be sold first as no loans are secured against the complex, unlike Old Trafford.