Man Utd bonds?

D1zzy

I feel so much better about hijacking a thread to discuss hols - now you've hikacked this forum to discuss football.:D
..................................how stagnant the savings/investment world has become!

{Next week's looking like ManU's !
Chealsea (- Drogba) v Sunderland
Arsenal v Bolton (twice in 4 days)
ManU v Hull & Burnley}

ETROL

d1zzy wrote: »

i feel so much better about hijacking a thread to discuss hols - now you've hikacked this forum to discuss football.:d
..................................how stagnant the savings/investment world has become!

{next week's looking like manu's !
Chealsea (- drogba) v sunderland
arsenal v bolton (twice in 4 days)
manu v hull & burnley}

. .

Sisyphean_Task

Good luck to anyone buying in.

http://ftalphaville.ft.com/blog/2010/01/11/123811/piking-apart-the-man-utd-refinancing/

(1) Cash and liquid resources include cash at bank and in hand and deposits held at call with banks. Of our cash and liquid resources of £116.6 million as at 30 September 2009, as adjusted to give effect to the offering of the Notes and the application of proceeds therefrom, we may, without restriction, make a distribution or loan of up to £70.0 million to our immediate parent company, Red Football Joint Venture Limited, that may, in turn, use the proceeds of that loan for general corporate purposes, including repaying existing indebtedness. See ‘‘Description of the Notes—Certain Covenants—Restricted Payments’’.

metrobus

£70 million paid out in interest last year alone on the £690 million debt they have.

You would have to be a fool or money to waste to invest in football club these days.

Especially when so many of their rivals are over taking them on the field of play,the muppets even got stuffed at home by a team playing in the third tier a couple of weeks back.

They wont go bust but they have without a doubt seen their best days.

Lokolo

metrobus wrote: »

£70 million paid out in interest last year alone on the £690 million debt they have.

You would have to be a fool or money to waste to invest in football club these days.

Especially when so many of their rivals are over taking them on the field of play,the muppets even got stuffed at home by a team playing in the third tier a couple of weeks back.

They wont go bust but they have without a doubt seen their best days.

But then drew against Wycombe :D:D

dunstonh

You would have to be a fool or money to waste to invest in football club these days.

Alan Sugar once said that the only way to come out of a football club with a million pounds is to have gone in with two million in the first place. (not word for word but I cant be bothered to google it.... although by the time I typed this i could have done )

Come on Reading. 2-1 to them against Liverpool in the FA Cup extra time.

Lokolo

dunstonh wrote: »

Alan Sugar once said that the only way to come out of a football club with a million pounds is to have gone in with two million in the first place. (not word for word but I cant be bothered to google it.... although by the time I typed this i could have done )

Come on Reading. 2-1 to them against Liverpool in the FA Cup extra time.

Simon Church was on loan at Wycombe too :D

Masomnia

opinions4u wrote: »

I think Billy's retired now. And only ever played for West Ham?

The only thing worth buying at the three sided Boundary Park is the pies!

Leeds want Chris Taylor apparently!

As for Billy Bonds...

flyingscotno1

dunstonh wrote: »

Alan Sugar once said that the only way to come out of a football club with a million pounds is to have gone in with two million in the first place.

He is spot on- on this occasion. Football clubs shouldn't really make huge profits year to year. Most fans prefer slight profit, with the remainder reinvested in player, grounds, academies.

It wouldn't take a lot for the house of cards to come down, and people need to be savvy in football. Football isn't a normal business because community and emotion comes too much into it.

opinions4u

Masomnia wrote: »

Leeds want Chris Taylor apparently!

Good player when fit. Usually scores at Elland Road too!

(Goes down a bit easily though).