Manchester United's owners the Glazer family report heavy loss last year

Manchester United's owners made a £108.9 million loss last year, according to their accounts.

The loss by Red Football Joint Venture, the Glazer family's parent company that owns United, include some one-off costs from setting up the £526m bond scheme last year to replace their bank loans, according to accounts filed at Companies House.

Read the full article at Sanford's Soccer Net.

Sanford's Soccer Net @ Mar 22, 2011 9:10 AM EDT | Blog Profile