Man United debt drops to $570m

Supersport : ?? Manchester United's debt dropped by 18 percent as the Premier League leaders floated on the New York Stock Exchange and sponsorship revenue soared.

United's debt dropped to $570 million by September 30 from $639 million on June 30.

With the proceeds of its NYSE floatation, the Glazer family paid off $100 million of bonds.

Source: http://foreign.peacefmonline.com/sports/201211/145795.php

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