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Post by Deleted on Apr 14, 2009 9:29:41 GMT 1
Red Football, Manchester United's parent company are close to £650m in debt and finding it hard to refinance. Could be a little worrying for MU in the transfer season. news.bbc.co.uk/1/hi/business/7987603.stm |
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Post by Biggles on Apr 15, 2009 22:04:44 GMT 1
Doesn`t make you wonder how when mere mortal members of the public go a couple of quid over an account limit or fail to pay a month on the mortgage, that they can end up homeless, or threatened with being declared bankrupt, HOW football clubs can amass debts of this magnitude for long periods and still be allowed to continue to trade ?
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Post by Deleted on Apr 21, 2009 20:35:54 GMT 1
 I think all three teams United, Liverpool and Chelsea are millions in debt yet they are all allowed to spend daft money on players. Liverpool are trying to finance their 350 million pound debt in addition to finding 300 million and growing for the new stadium so its a worry for all concerned. Makes Evertons 20 million debt peanuts. Lets face it teams cannot sustain paying players £150,000 per week for ever like UTD, L,pool and Chelski do. Happy days Bob 
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