interest payments incurred

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Sepmre

Senior Member
Joined
Jan 21, 2013
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Student or Learner
Native Language
Persian
Home Country
Iran
Current Location
Iran
But United stayed solid under the new ownership, irrespective of the borrowings people talked about and the interest payments incurred.

Hi,

What does it mean?
 
A great deal of money was borrowed by the Glazer family in order for them to buy the club. This debt was transferred by the new owners to the club, which now is responsible for paying interest on the loans. In other words, the club is liable for the interest payments.
 
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