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?