There were certainly rumours on deal day (in the guardian but I can't find the article) that this was going to be shifting around of money rather than an out and out payment.
But seriously, no matter who the sponsor is - their money, and any other money put into the club, is going to pay the debt. There's no way glazers would have ring fenced that money for fergie - they need to service the debt. I bet the banks are getting twitchy now that there's a doubt over how much input the business brain malcolm is having. Would you like to trust an empire to someone who only got there by the fact that he was born into a family. Could Mark Thatcher have run the country when his mum was poorly? Leo Blair? --- In [email protected], Peter Hargreaves <[EMAIL PROTECTED]> wrote: > > > I was told last night that the sponsorship money (the constantly mentioned > £56.5 million) > from American International Group, Inc. (AIG) will NOT be paid to the Club. > It will be deducted from the amount owed by the Gimp and the Brothers Grim > to AIG. In effect I was told that AIG are one of the creditors. > > This was said at the time ................. Announcing the deal, MU chief > executive David Gill said: "We are delighted to begin our relationship with > AIG. This is a deal that is right for Manchester United. It underlines our > position as the world's leading club." > > What it really means (if true) is that it is nothing more than a 'paper > deal' and is a vehicle (along with fleecing us, the supporters) for > reducing the impossible debt mountain which those total ba**ards have amassed. > > If it is the case then the much 'marketed' transfer kitty for SAF(B) will > NOT be what has been suggested by the spin-doctors at Old Trafford. > > Can anyone confirm that this is correct? > > Keep the faith, find truth from lies, Pete > > P.S. Come on American brothers/sisters - nobody is better placed than > yourselves to discover the truth. > Please use [email protected] for general discussion. To unsubscribe send a blank message (from the email account in question) to: [EMAIL PROTECTED] Join as a full member of IMUSA today: http://www.imusa.org/join.htm Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/imusa/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
