So much for us going under
Just can't wait for the day we have NO debt. Think of the profit we could be making
Is it the debt that's reduced or the interest rate?
The interest rate will reduce, ergo, less will be spent on paying the debt.
I wonder what the net debt is now, should be in the region of £200m
Yeah thought so, cheers Muddy
We still have £307m debt, I think.
The debt hasn't been reduced, in fact if the interest is paid at a variable rate it could be increased with an upturn in economy in the US.
Yeah sorry wrong choice of words
But effectively its less debt as we dont pay as much interest.
Tick tock.
Just for old time's sake.
Don't seem to hear city fans singing ocean finance on the phone much these days. Hmmmm funny that
"You are a billion in debt"
Remember people saying this without actually realising we never werem
VCD
They can't beat us on the football pitch so try anything and everything else.
You've just given me an idea for an article.
To the Daredevil cave
Revenue going up
Debt going down
All good
our debt is 360million i believe
Aye the debt is around 360m I think. But we save 10m per year on interest payments which can only be good. Depends what the club/Glazers do with it I suppose.
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Interest rates reduce debt repayments.
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posted on 24/5/13
So much for us going under
posted on 24/5/13
Just can't wait for the day we have NO debt. Think of the profit we could be making
posted on 24/5/13
Is it the debt that's reduced or the interest rate?
posted on 24/5/13
The interest rate will reduce, ergo, less will be spent on paying the debt.
I wonder what the net debt is now, should be in the region of £200m
posted on 24/5/13
Yeah thought so, cheers Muddy
posted on 24/5/13
We still have £307m debt, I think.
posted on 24/5/13
The debt hasn't been reduced, in fact if the interest is paid at a variable rate it could be increased with an upturn in economy in the US.
posted on 24/5/13
Yeah sorry wrong choice of words
But effectively its less debt as we dont pay as much interest.
posted on 24/5/13
Tick tock.
Just for old time's sake.
posted on 24/5/13
Don't seem to hear city fans singing ocean finance on the phone much these days. Hmmmm funny that
posted on 24/5/13
"You are a billion in debt"
Remember people saying this without actually realising we never werem
posted on 24/5/13
VCD
They can't beat us on the football pitch so try anything and everything else.
You've just given me an idea for an article.
To the Daredevil cave
posted on 24/5/13
Ha ha
posted on 24/5/13
Revenue going up
Debt going down
All good
posted on 24/5/13
our debt is 360million i believe
posted on 27/5/13
Aye the debt is around 360m I think. But we save 10m per year on interest payments which can only be good. Depends what the club/Glazers do with it I suppose.
Page 1 of 1