Fam­ily feast at Man U trough

Weekend Argus (Saturday Edition) - - GOODWINES -

DON’T worry, the Glaz­ers can still af­ford to pay them­selves. One of the most in­trigu­ing parts of the doc­u­ment is found deep on Page 89. Un­der the head­ing “Re­lated Party trans­ac­tions'“ we learn that the Glazer fam­ily Christ­mas of 2008 was made some­what more merry by loans from United to­talling some £10m. It is also stated that United have agreed to pay a com­pany con­nected to the Glaz­ers an an­nual fee of £2.9m un­der a “con­sul­tancy agree­ment”, and that “man­age­ment and ad­min­is­tra­tion fees” of £0.6m, £1.8m, £1.4m, £3.1m and £3.1m have been paid to “af­fil­i­ates” since July 2006. To save you the trou­ble, this all adds up to £22.9m. – Daily Mail

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