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Post by thebet365 on Apr 9, 2009 13:15:43 GMT
news.bbc.co.uk/1/hi/business/7987603.stmRecord turnover, 20 Mill profit in the transfer market, sell out 75,000 crowds yet still the debt has rose from 605 mill to 650 mill despite winning the league & champions league. Surely that means it's impossible for them to handle there debt especially considering the current banking climate. Nobodys gonna touch em with a barge pole ;D
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Post by Lakeland Potter on Apr 9, 2009 13:19:43 GMT
If they'd managed to get their debt on a tracker mortgage the interest rate would be down to 3.7% by now! ;D
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Post by march4 on Apr 9, 2009 13:25:13 GMT
This is the only glimmer of hope for the future of football in this country.
We need the big 4 to suffer severe financial difficulties. Think its not possible, well its happened to Leeds.
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Post by eddy_under_fire'sviews on Apr 9, 2009 13:29:10 GMT
but when the inevitable happens man united will be replaced by man city. and then the cycle begins again.
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Post by Baggs on Apr 9, 2009 14:08:11 GMT
hate to blow the myth but they are fine - still generates plenty of cash
Haven't seen accounts for last year, but most of their debt is variable rate, which means their interest costs are very low (probably about £30m max this year coming)?
Would be keen to see the full accounts if someone has them. Don't get me wrong, not trying to be a smartar$e, I would love to see them go bankrupt
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Post by Deleted on Apr 9, 2009 19:54:30 GMT
it would be wonderful to see them in the sh-te!
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Post by Deleted on Apr 9, 2009 21:11:00 GMT
it would be wonderful to see them in the sh-te! As long as they're not in it before they stick five past Sunderland  |
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