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Of the sale proceeds, £484m went to them directly, though £71m went to partially pay down the debt they took out to buy the club.

The company needs to pay down debt, Allen said in a statement.

All I could manage to do on this most slippery of slopes was to pay down the debt on my debt.

Jack in the Box unveiled its “Jack on Track” plan Wednesday, which aims to accelerate cash flow and pay down its debt, according to a news release.

What Trump said: Now it's our turn to prosper, and in so doing, use trillions and trillions of dollars to reduce our taxes and pay down our national debt, and it'll all happen very quickly.