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8 Comments
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They're in a worse position than Dundee Utd

by The Cruising Avenger (54 honest titles) (U6395)

http://www.bbc.co.uk/sport/0/football/20412294
Rod Petrie has been relying far too much on the income from player sales. I can see them going into administration a few months after Hearts. And I thought Hibs were the model example of how to run a football club!

posted on 20/11/12

Finances are a mystery to me, especially when a club like Man. U. are called the richest club in the world and yet how many hundreds of millions are they in debt ? . Sorry I just can't get my head round that at all.

posted on 20/11/12

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posted on 20/11/12

Thanks Curly but It's aw double dutch to me. If Man.U. are such a huge global brand name why are they 3 or 4 hundred million pound in debt.

posted on 20/11/12

Was it not the Glazers who took out that Debt in order to buy UTD?

posted on 20/11/12

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posted on 20/11/12

Aye Curly, but It cannae be good business to have to service a debt like that, It must cost an arm and a leg. Gio Yes I could never understand how the Glazers worked that flanker....borrow money to buy a club and immediately put the debt onto the club, I mean I could have done that .

posted on 20/11/12

Never mind ... another couple of 'sell-oot-Saturdays' and the SPL will be on Easy Street.



Pffft

posted on 20/11/12

Ishy sums it up nicely with a few words

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