Man Utds Debts

[Fulham Broadway 16,437]

There is a huge difference between 'losses' and 'debts'.

The Old Trafford club paid £41.9m in interest on a £509.5m loan last year that the Glazer freaks borrowed from the bank to buy the club

Without the sale of Ronaldo, they would have reported a loss of £31.8m.

Although no total debt figure was disclosed in the results announcement, it has been reported as £699m. They have just launched a £500m bond in order to raise cash.

What this means is people can make money by bond issues, and what they're essentially buying into is 'brand Man Utd'. Instead of top clubs relying on good old fan admission, they're relying on marketing of the image and brand.

This is fine if they remain a top club, but if a brand goes tits up, say Coca Cola changed the recipe or was poisoned how would the sales go then ? If Yernited fail to qualify for Europe, or have a trophy less season, suddenly Johnny foreigner doesnt want to be associated with that brand anymore. The house of cards collapses.

Liverpool are in financial trouble, and will be a lot worse next year if nothing is done. It is only a matter of time before one or several of the big clubs do a 'Leeds' as they say.....

[Steve 10,227]

Without the sale of Ronaldo, they would have reported a loss of £31.8m.

[Fulham Broadway 16,437]

Yup - its important that that these millionaires stop milking a brand for cash.

Most Man Utd fans want these leeches out

http://www.dailymail.co.uk/sport/football/article-1242452/We-rid-Glazer-leeches--Manchester-United-fans-lash-debt-ridden-owners-unveil-500m-bonds-scheme.html

[Drogba11CFC 108]

Man Utd do need to consider what will happen if the plastics who come up from Thailand/China/Singapore/Laos/Indonesia stop coming up and thus the exec boxes end up bare, full of uneaten prawn sandwiches. Will they lower prices should that happen?

[Fulham Broadway 16,437]

Man Utd do need to consider what will happen if the plastics who come up from Thailand/China/Singapore/Laos/Indonesia stop coming up and thus the exec boxes end up bare, full of uneaten prawn sandwiches. Will they lower prices should that happen?

Good point. Admission prices have doubled since the Glazers took over, and I cant ever see them lowering admission.

Though the Glazer family said they wouldnt pay themselves a salary -they have siphoned out £10 million quid to their sons and kids.

This is disgusting that fans who have more allegiance to a club than their wives are being preyed upon by parasites, cashing in on peoples loyalties and putting the club at risk. This is what UEFA and FIFA should be looking at !!

Chelsea fans and Man City fans can consider themselves lucky that their owners arent in it for a quick profit and didnt borrow the money to buy the club.

-another good article--''How the Glazer Family have Milked Man Utd for Millions'' http://www.guardian.co.uk/football/blog/2010/jan/12/manchester-united-glazers-debt