Man United refinancing $290M+ of high-interest debt. Interest of around 2.8% instead of 8%+. Saving approx £10m/yr in payments. Man United's debt is £370M. Bank has refinanced £192.34M of bonds to lower interest rate. Club to pay around £10m less in interest payments. Am told Man United's annual interest payments to come down from £31M to about £21M with new loan from Bank of America.

for those of you who care about that type of stuff