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ulster86
11-17-2010, 11:55 PM
Manchester United have confirmed their turnover is continuing to rise after it emerged on Tuesday a £220million debt is to be paid off by the end of the month.

Sky Sports News understands that the Glazers will use their own money, and not the club's, to settle the £220m debt, which carries an annual interest rate of more than 16 per cent.

And, in seemingly further positive financial news for the club, it has been announced that turnover is continuing to rise, from £57.7m to £63.3m compared to the same three months last year, especially in the commercial sector.

That is all :cop: