http://www.bbc.co.uk/news/business-12578645 Bad news the yanks look like staying for a while longer. The good news is gross debts fell and rising cash balances rose, meaning that the club's net debt position fell 9% over the year, to ã355m.
Doesn't look too bad to me. As long as revenues keep growing we'll still be comfortably on top of the debt. And good to see the cash on hand keeps rising. Although our commercial director has me worried: ""The report represents an area of the world [in the vicinity of the club's stadium] which only contains one in 14 of our 333 million global fans," said commercial director Richard Arnold ahead of the results' release." So apparently there's 23.8 million Utd fans in Manchester now...
Possibly, or he could be referring to the UK and Ireland, but even then the figure seems a bit high. But then again, that 333 million has always seemed like an over estimate to me based on a very dodgy survey.
