are Man U going the same way as Liverpool?

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noted with interest they made an £80 million loss overall- scary stuff when you consider they made an operating profit of over £100 million

surely they cant sustain this sort of loss for another season or 2?

my understanding is that they owe £500 million is that in addition to the £504 million in bonds that have to be repaid in 2017? where are they going to findthe £900 million or so for that ?


anyone care to clarify the financial position as i feel i must be missing something here?

 

[233]

ok maybe my maths is flawed here but a £504 million bond issue for 7 years at 8.75% is

a balance of a billion quid !!!!!! i assume they are paying the interest yearly atm hence the payments going out etc but £44 million a year in interest is still ridiculous and thats before you cover any of the debt itself. jesus and i thought my beloved rangers were bad with a total debt of £27 million lol


to the man u fans, look on the bright side, at least you aint liverpool £350 million owed and paying £40 million a year to service that at least the glazers managed to get a better deal