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Manchester United debt hits £716m

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Comments

  • StevieJ
    StevieJ Posts: 20,174 Forumite
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    Thrugelmir wrote: »
    Boom and bust............

    The eternal cycle.

    Even Manure couldn't pull off the impossible. ;)

    What what a witless comment.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    StevieJ wrote: »
    So only 75,000 then icon7.gif

    Do you ever go to Old Trafford?

    Or are you an armchair viewer?
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Do you ever go to Old Trafford?

    Or are you an armchair viewer?

    I will be their on Wednesday where do you go ?
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • zygurat789
    zygurat789 Posts: 4,263 Forumite
    Part of the Furniture Combo Breaker
    StevieJ wrote: »
    I will be their on Wednesday where do you go ?

    Gigg lane when Bury aren't there
    The only thing that is constant is change.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    StevieJ wrote: »
    I will be their on Wednesday where do you go ?

    I follow my local team. Still a community club. ;)

    Currently struggling to survive in the Championship. :(

    Though today another Premiership scalp. :beer:

    Hoping for one of the big boys still in the Cup. :rotfl:
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    StevieJ wrote: »
    So only 75,000 then icon7.gif

    Today 73,953.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Today 73,953.


    Still higher than the Barcelona average then ;)

    http://en.wikipedia.org/wiki/Average_attendances_of_European_football_clubs
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    I follow my local team. .

    So do I, if you count local team as the one you could walk to when growing up ;)
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Generali wrote: »
    I think the thing to remember longer term about Man Utd is that they have a solid business holding up a rancid financial structure. If they fail to qualify for the 'Champions' League then presumably the decline will be rapid, in the manner of Leeds.

    Nobody's going to buy the club with £700,000,000 of debt attached to it. Better wait for them to go bust and buy them for £300-400,000,000 or even less if they've been relegated.

    However, if this happens Man Utd still continue to exist and can be rebuilt under a better financial structure.

    Personally, I think this shows the best and worst of capitalism.

    I wonder if the buttons in the Phoenix fund will be enough icon7.gif

    http://www.joinmust.org/thefacts/whyitwillwork.php
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • jamespmg44
    jamespmg44 Posts: 130 Forumite
    The big problems for the EPL clubs will be when the sky deal comes up for renewal in 2011.

    If sky offer them less than the current deal, then all these clubs who bank on future tv money will be in deep [EMAIL="!!!!"]!!!![/EMAIL].

    Portsmouth may not be the only premiership club who'll end up going bust.
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