The cracks are now opening up BIG time

Bob Brogan
Administrator
Posts: 82485
Thanks: 6450

Re: Re: The cracks are now opening up BIG time

12 years 11 months ago

Man Utd are the most Valuable club in the world CnC ,Valued at nearly £1.5 billion with a debt of £423m and are very sound

Please Log in or Create an account to join the conversation.

easy
Topic Author
Platinum Member
Posts: 3853
Thanks: 260

Re: Re: The cracks are now opening up BIG time

12 years 11 months ago

#245523

hibs,

the "value" is only there when the numbers add up.

They have paid over £500million in INTEREST alone. 1 mediocre season , 1 bank calling in debt, 1 sky deal gone south and the whole lot then falls away.

Its unsustainable, they might be worth 1.5 billion BUT that is based on best scenario......

Please Log in or Create an account to join the conversation.

Bob Brogan
Administrator
Posts: 82485
Thanks: 6450

Re: Re: The cracks are now opening up BIG time

12 years 11 months ago

#245531

Easy the biggest tv deal in their history has just been signed,remember when you guys used to bleat on about them being in £900m worth of debt? £900m -£423m didnt take that long

Please Log in or Create an account to join the conversation.

easy
Topic Author
Platinum Member
Posts: 3853
Thanks: 260

Re: Re: The cracks are now opening up BIG time

12 years 11 months ago

#245533

hibs

you are correct, all i am saying is that these things are manageable. Man U manage their debt, but a simple thing like missing champions league and maybe 1 other team going into administration in the premiership and that will have a knock on effect on Man U servicing their debt.

Please Log in or Create an account to join the conversation.

davetheflower
Platinum Member
Posts: 11060
Thanks: 534

Re: Re: The cracks are now opening up BIG time

12 years 11 months ago

#245538

I suppose Man Utd could sell one of their world class players,like they did with Ronaldo to fund the debt....
Oh dear,i just remembered they have no world class players...

<