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by nereye
267 days ago
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[1]
“ The Glazer family’s acquisition of Manchester United remains controversial to this day. Their £790m takeover in the summer of 2005 came by way of a leveraged buyout: when a significant amount of borrowed money is used to fund the acquisition of a company, with the debt secured against that company itself.” 1 - https://www.independent.co.uk/sport/football/manchester-unit... |
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