their lucrative shirt sponsorship deal with AIG
according to the Daily Mirror. The American
insurance giants are looking to cut costs.
The English and European champions are still
owed half of the money on the £56million
agreement they sealed with AIG two years
ago.
After being rescued from meltdown by a huge
£43billion loan from the American government
last month, AIG have now embarked on a new
massive moneysaving exercise.
That is likely to spell bad news for United - and
fans who have bought replica kits with the AIG
logo.
There will be no shortage of companies queuing
up to replace AIG on the famous red shirt.
But the end of the deal would still be a blow for
Malcolm Glazer (left) and his family as they bid
to secure refinancing on the £700m they took
out to buy the club.
A new sponsorship deal would take time to
secure and is unlikely to be as lucrative as the
AIG agreement.
Bad news indeed ! Especially as the re-
financing deal was set to make life easier
for United with regard loan repayments
etc etc, but the anti-Glazer mob have
something else to moan about now at
least. The replica shirt problem wont
affect me, I refuse to wear anything made
by Nike, Adidas and Reebok because they
use child labour which is tantamount to
child abuse and I don't want any part of
their sordid business.
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