Man Utd

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stilljaroldcanary

stilljaroldcanary

Well-Known Member
Jan 3, 2012
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Gayton
£350 million in debt

only making £15 million profit and losing £30 million revenue next season

What other company would survive on figures like that , shut em down put them out of their misery, what would make the PL more competitive is to stop such ridiculous wasting of money, why not a point dock for every £10 million of debt ?
 
Saying that they spent £37 million on Mata this year.... on a position they already have two or three players that play in that position. They could probably spend £25 on a couple of decent centre backs and they would be back in a shout of the league because they don't have europe as a distraction, much like Liverpool had that advantage this year.
 
stilljaroldcanary said:
£350 million in debt

only making £15 million profit and losing £30 million revenue next season

What other company would survive on figures like that , shut em down put them out of their misery, what would make the PL more competitive is to stop such ridiculous wasting of money, why not a point dock for every £10 million of debt ?
Click to expand...

A lot of companies survive on figures like that, and many on much worse. Companies can be loss making for years and not go insolvent.

Debt in itself is not a problem - in fact debt is what allows most of us to buy nice things! It's your debt cover that's the question - are you able to keep paying the amounts you owe as they fall due?

With turnover of over £400m, Man U look relatively comfortable even with missing out on CL to me.
 
Canary Rob said:
A lot of companies survive on figures like that, and many on much worse. Companies can be loss making for years and not go insolvent.

Debt in itself is not a problem - in fact debt is what allows most of us to buy nice things! It's your debt cover that's the question - are you able to keep paying the amounts you owe as they fall due?

With turnover of over £400m, Man U look relatively comfortable even with missing out on CL to me.
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true, but that turnover would decrease if they failed to qualify for the champions league on a regular basis, which is no longer a given. but as you say, although it doesn't make pretty reading they aren't being overly compromised at this stage
 
Superman wears Grant Holt pyjamas in bed said:
true, but that turnover would decrease if they failed to qualify for the champions league on a regular basis, which is no longer a given. but as you say, although it doesn't make pretty reading they aren't being overly compromised at this stage
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Of course, though presumably no more than the £30m that they're losing out on this year (not taking into account lower sponsorship, etc). I suspect that, in any event, they can get a damn sight more than £30m by increasing their borrowing and buy in a lot of players, making CL guaranteed. I should imagine £100m in debt costs Man U less than £10m per year.

Man Utd are also now listed. If they think they're in trouble they can also turn to shareholders and raise capital.
 
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