
Bradford sign Salford defender Tilt
Bradford City have signed Salford City defender Curtis Tilt on a two-year contract.The 33-year-old will join the newly promoted League One side on 1 July when his contract with the Ammies expires.Tilt, who has had spells with Blackpool, Rotherham and Wigan, made 82 league appearances in his two seasons with Salford."Curtis is a player who we have admired from playing against us and has attributes we know will help us with our way of defending and playing," boss Graham Alexander told the club website., external
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BBC News
19 minutes ago
- BBC News
How the Glazer family cost Manchester United £1.2bn
On 28 June 2005, the Glazer family completed their takeover of Manchester United Football loaded the club with debt, and over the next 20 years, BBC Verify has found about £1.2bn has been spent on debt interest, debt repayments, dividends and fees to the fund the deal, the Glazers borrowed millions of pounds from hedge funds and left the club with debts of £ year on, the club had already paid £53.2m in debt interest to its lenders and in fees to the Glazer family. June 2025 marks the 20th anniversary of the Florida-based Glazer family taking full control of the Premier League was a deeply controversial takeover from the beginning because of the financial implications for 22 June 2005, the Glazer family paid £790m to buy out the club's exiting shareholders and to remove the club from the London stock it was a deal mainly funded by borrowed money and loaded £604m in debts on to the club, which had previously had borrowings of only £ club's board had warned, external in April 2005 about the dangers of this amount of debt, saying it was not "prudent" and risked "a downward spiral in both team and financial performance".The takeover provoked protests from fans, which continue to this by BBC Verify - based on an analysis of the club's published accounts and stock market announcements - show that since the Glazer family's acquisition of the club in June 2005 it has paid out:£815m in debt interest repayments£166m in dividends to shareholders£10m in management and administration fees to Glazer family companies£197m in external net debt repaymentsThis means that, in total, £1.187bn in cash left the club between 2005 and 2024 which it is reasonable to argue would not have done so in the absence of the Glazer is a conservative estimate, too, because it does not include various fees to banks, financial advisers and other financing costs, including currency also does not include the cash that has left the club in the form of directors' the Glazers re-listed a portion of the the club's shares on the New York Stock Exchange in 2012, £125m has also been paid out in compensation to the club's half of the directors were Glazer family members, it's likely half of this sum - about £63m - went to Verify asked the club to comment on the findings and they said they would leave the accounts to speak for themselves. Have the Glazers added value? The Glazer family can legitimately point to the fact they have significantly grown the value of the club over the past two the Glazers' two decades of full ownership, United's annual commercial revenues have risen more than fivefold - from £55m in 2006 to £303m in 2024. This is reflected in the implied market value of the Glazers acquired United for £790m. The stock market implied value of the club in May 2025 was more than £ the financial terms of the sale of a stake in the club to Sir Jim Ratcliffe in 2024 implies an overall valuation of £ family can also point to the fact that, under their ownership, the club has spent more than £2bn on signing new players since 2012. 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In 2024, the Glazer family sold £732m in shares to Ratcliffe, leaving him with roughly a 30% ownership stake and control of the football part of the deal, Ratcliffe injected a further £236m of his own funds directly into the club for investment into the infrastructure of their Old Trafford additional investment was not funded by additional Jim told the BBC in March 2025 the club had been set to run out of money by the end of this year, forcing him to drastically cut costs.


BBC News
19 minutes ago
- BBC News
Man Utd prepare to make 'disciplined investment' to strengthen squad
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BBC News
23 minutes ago
- BBC News
'It really was the best job in local radio'
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