LouisCribben
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I was reading on the paper this morning about Man United paying 14% interest on some of the finance they have borrowed, which could up to 16% if they don't make healthy profits
Sounds like a very high rate of interest to me......the word usury comes to mind
I would have thought that it should be easy for ManU to borrow money at a much less rate of interest, given that they are a big global brand who turn in a profit every year etc
Why do they have to pay so much
Sounds like a very high rate of interest to me......the word usury comes to mind
I would have thought that it should be easy for ManU to borrow money at a much less rate of interest, given that they are a big global brand who turn in a profit every year etc
Why do they have to pay so much