The news this week that the Glazers' have given notice that the PIK debts will be paid off and, at least initially, the money will not come from Manchester United has rightly been reported as a victory for supporters and the Green & Gold campaign. Independent reports from respected Financial News Wire Bloomberg
Manchester United Debt Soars as Fan Backlash Concerns Glazers - Bloomberg recently confirmed information MUST received from other named sources (including figures at the most senior level within the club) that the Glazers are so concerned about fuelling the Green & Gold campaign that
they were afraid to "take the Ronaldo money" - i.e. taking an additional 100m out of the club to use to pay their own debts and risk further angering supporters.
This comes after they were
forced into a ticket price freeze this season and then more recently the apparent
caving in to pressure to offer Rooney a new contract and also giving assurances that money will be made available to strengthen the squad and keep United competitive.
We recognise people are sceptical that supporters really do have this much influence but the sources for this are cast iron and we intend to reveal full details given permission from the relevant parties. In any case it is the only logical explanation for the sequence of events described.