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    #1

    Exclamation interest payments incurred

    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?

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    #2

    Re: interest payments incurred

    not a teacher


    "interest payments incurred" = money that the club has to pay as interest on its loans ("the borrowings")

    interest: Definition of interest | Collins English Dictionary (definition #7)
    incur: Definition of incur | Collins English Dictionary (definition #1)

  1. riquecohen's Avatar
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    #3

    Re: interest payments incurred

    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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