Jelle1880 225 Posted October 11, 2010 Share Posted October 11, 2010 Shocking numbers.Not only did they have a loss of £83.6m, but every day they pay off £274.000 in intrests.http://www.bbc.co.uk/blogs/davidbond/2010/10/crunching_the_numbers_at_old_t.htmlHow long can this continue ? Link to post Share on other sites More sharing options...
MuirhouseBear 291 Posted October 11, 2010 Share Posted October 11, 2010 They will go down the same road as Liverpool, very very shortly. Link to post Share on other sites More sharing options...
ClintonGrey 365 Posted October 11, 2010 Share Posted October 11, 2010 It's funny how Chelsea and Arsenal are the only big 4 that are within the new financial laws from UEFA, and even then they are only there because the debt is not on the club or the company that ons the club, it's taken on personally by the owners. Link to post Share on other sites More sharing options...
J-Maestro 11,105 Posted October 11, 2010 Share Posted October 11, 2010 It's funny how Chelsea and Arsenal are the only big 4 that are within the new financial laws from UEFA, and even then they are only there because the debt is not on the club or the company that ons the club, it's taken on personally by the owners.They're now not allowed to do that either, I'm pretty sure. Link to post Share on other sites More sharing options...
ClintonGrey 365 Posted October 11, 2010 Share Posted October 11, 2010 They're now not allowed to do that either, I'm pretty sure.They aren't allowed to any more, but any debt that is previously taken on by the owners before the ruling doesn't count.It's why Chelsea and Arsenal are scaling back dramatically. Link to post Share on other sites More sharing options...
Orangeclement 570 Posted October 11, 2010 Share Posted October 11, 2010 Man Utd are slightly different from Liverpool as they don't owe the debt to the bank , its done on Bond Issues Link to post Share on other sites More sharing options...
McD 147 Posted October 11, 2010 Share Posted October 11, 2010 Good, fuck them. Link to post Share on other sites More sharing options...
maverick1200 2,828 Posted October 11, 2010 Share Posted October 11, 2010 Man Utd are slightly different from Liverpool as they don't owe the debt to the bank , its done on Bond Issues and the 'losses' that they have in their accounts are fees from the bond issue, they dont have to pay it for another 5 years I believe, also it was done in US Dollars so it looks even worse with the exchange rate as it is. Link to post Share on other sites More sharing options...
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