Fergie will be free to splash out

iceFatboy

6 Mar 07, 11:46

http://www.thesun.co.uk/article/0,,2002390000-2007100518,00.html

before everyone starts to dream, let's set our feet on the ground.

MUFC still has a 600M pounds debt, the interests alone is 50M.

when such news leaked out, I normally fear the worse.

RvnRooRon84

6 Mar 07, 11:59

The debt is to who? Shocked

lolxzxz

6 Mar 07, 12:04

to sgf

trendz

6 Mar 07, 12:08

Originally posted by RvnRooRon84:
The debt is to who?

banks and foreign investors. Mr. Green

allentyb

6 Mar 07, 12:14

man utd is still one of the richest club in the world

zocoss

6 Mar 07, 13:02

Originally posted by iceFatboy:
http://www.thesun.co.uk/article/0,,2002390000-2007100518,00.html

before everyone starts to dream, let's set our feet on the ground.

MUFC still has a 600M pounds debt, the interests alone is 50M.

when such news leaked out, I normally fear the worse.

There is no big deal to their debts... They are the most profitable club in the world. The club debts is stretch out over more than 10 yrs i think... So as long as they continue the debt wouldn't be a problem.

They are expected to make more this year and next with the extra from a better run in the CL. A new shirt sponsorship (AIG) as well as other sponsorship deals will also add to their earnings. The increase capacity to their stadium this year will also contribute... Next season's new Tv deal will also see them getting more...

They are looking healthy, their financial situation is in good hands with an able CEO... Smile

Gackt247

6 Mar 07, 13:05

Buy who buy who? Very Happy

iceFatboy

7 Mar 07, 10:03

now with the ongoing media reports of how MUFC getting sponsors and how Gill said all the money won't go towards clearing the debts, I hope MUFC aren't held to ransom and pay stupid money to get their targets for example 20M for OwenH.