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united have that huge debt, they have the turnover and winnings to support it, plus 80million from a sale of 1 player


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if they had the turnover and winnings to support it, then the debt would be decreasing not increasing! each year the debt grows puts the club in more danger

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Yes I'd say the Glazier ownership damages Utd, though far less than the clowns that own us.

I think Prince Faisal bin Fahd comments on the debt mean he is unlikely to invest, why should he bail out the Americans?

We appear to be linked to lots of people but as soon as they look closely they drop out. If our financial position was even remotely good the Americans wouldn't be looking for more investors. However they are trapped by their greed and are asking way more money than the club is worth at the moment...

I'd be very happy if Faisal bin Fahd bought the club, just cant see it unless the asking price drops dramatically.

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Originally Posted By: trepie
if they had the turnover and winnings to support it, then the debt would be decreasing not increasing! each year the debt grows puts the club in more danger


There o=is no company that has no debt. if you look at what that saudi is saying, he says he will invest if teh debt is manageable. Maybe 2% of companies run without debt. They keep the debt within range.

Heard of Debt:equity ratio? Debt:asset ration?

Gearing???? you gear your debt to your income, and you live like that forever, it is a risk, cos you never know what can happen that makes it difficult to repay your debt.

Check leeds? Remeber leeds?


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joe what are you talking about? companies run like that because they have to, because they don't make enough to clear off their debts ...... they only increase debt when they HAVE to ..... nobody chooses to and as soon as there are good times a well run company lowers its debt ...... man ure are in trouble because these are good times for them and they are still piling on debt year on year

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well im a accountant/auditor, and based on my experience, that is what im telling you. you think when Fayad bought harrods he bought it in cash? nobody throws cash at things, use the banks money buddy. What debt are man u piling on?

The debt of the glaziers and what else?
Man U have debt alright, but they can finance the debt comfortably and still spend 30m on 2 or three players annualy.

We can finance the debt, but we cant do much more with whatever is left. because our revenue and income is smaller than man u, so in other words the proportion of our debt to our income is smaller than man U debt to man u income. the mancs are very rich buddy. 2 million extra per game they earn cos their stadium bigger. Ten home games, they make 20 million more than us. yea

Last edited by Injun Joe; 11/10/09 02:44 AM.

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but that is just the point you are missing joe - united can't control the debt anymore - that is why debt climbed this year despite them making a profit in the transfer window

and the worrying thing is that we could end up in the same position if we are not careful!!

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could be, that is why it is imperative we continue making progress in the champions leage and qualifying. That revenue is crucial for us.


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It is only a matter of time before something happens. Gillette can't last much longer.

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The sooner the better for the entire club!

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