Sun Jan 03, 2010 3:44 pm
Sun Jan 03, 2010 3:49 pm
Sun Jan 03, 2010 6:10 pm
Lawnmower wrote:You look at the 'example' club, the country's top club, Man Utd.
£72m operating profit, last year.
Almost completely swallowed up by £69m of interest payments as they are so deep in debt.
ONE poor season and they will be up sh1t street.
Chelsea however, have just had their £470m of loans to abramovich turned into shares (prob a tax dodge )..
There are counter arguments abounding as to whether Ferguson will be given the Ronaldo money to spend and what will happen to the money they are getting in for Vidic.
We arent alone.
Difference is, mind United are such a big name, the financial problems they ar ehaving will only lead to them being sold on to someone else. Same with liverpool.
Sun Jan 03, 2010 6:13 pm
Forever Blue wrote:Lawnmower wrote:You look at the 'example' club, the country's top club, Man Utd.
£72m operating profit, last year.
Almost completely swallowed up by £69m of interest payments as they are so deep in debt.
ONE poor season and they will be up sh1t street.
Chelsea however, have just had their £470m of loans to abramovich turned into shares (prob a tax dodge )..
There are counter arguments abounding as to whether Ferguson will be given the Ronaldo money to spend and what will happen to the money they are getting in for Vidic.
We arent alone.
Difference is, mind United are such a big name, the financial problems they ar ehaving will only lead to them being sold on to someone else. Same with liverpool.
Good post Tim, but PR could cut our wage bill in half and we would be no worse off.(not players either , I mean staff)