DM my point was, Liverpool's debt is not much at all comparing it to United. If something bad happens at United it could effect their ability to pay off that debt. It's not going away any time soon so they will always have that hanging over them as well as apparently going to spend £100 million + this Summer. What happens if they spend that money and are still not reaching the top 4? as well as having huge debt that they owe?
If Liverpool get CL this year that would be huge for them and they should be in a stronger position financially which will help them in paying off the debt they have.
Debt is not an indicator of financial strength, and CL won't necessarily put LIverpool in a stronger financial position. Generally speaking if team A is spending beyond their means before being in the CL< they will likely spend beyond their means after getting into the CL. It's when you can achieve it every year that sponsorship starts to increase dramatically, a one off doesn't do much. Eventually most extra revenue from things like the CL is simply taken up by wages. For some clubs this will be in the contracts of many existing players causing an instant almost identical rise in wages as you bring in through the CL, meaning very very little increase in profit from being in the CL. If you buy a couple players to attempt to stay in the CL and give them 100-200k a week, that is most of the CL money gone, a combination of both can easily end up increasing losses, as it has done for many many teams who got into the CL in the past.
Effectively if a team overspends on wages, they overspend on wages regardless of which competitions they get into. One of the biggest current problems Liverpool has is ticket prices in the north vs smaller stadium. Arsenal have a big stadium and insane ticket prices(and insane everything prices at the stadium). Utd have a bigger stadium but cheaper tickets, Liverpool have a significantly lower match day revenue. To compete with City/CHelsea/Utd/Arsenal they can either offer lower wages to everyone, need a bigger stadium to match Arsenal/Utd, or will run at a loss like City/Chelsea. There aren't many other options. Liverpool are missing a huge amount of income the two financially stable clubs above them have.
For instance, a bank would more happily loan Utd 500mil than Liverpool because of their strength.
If Utd dropped to 10th for the next 5 years, their existing and about to start sponsorship will still dwarf LIverpool's for those next 5 years. Utd can comfortably spend currently, around 180-190mil on wages without making a loss, Liverpool can't spend 130mil on wages without making a loss. As of next year Utd could probably be pushing around the 230mil mark a year in wages WITH a profit, Liverpool would maybe be pushing the 140mil mark with champs league money, if lucky.
Utd have massively, massively, massively stronger financially than liverpool and will be for the foreseeable future. It would take 5-10 year sponsorship deals at Utd to run out and them to have been outside of the top 4 for almost all that time with Liverpool inside the top 4 before the next round of sponsorship deals would possibly put Liverpool in a stronger financial position.
Debt is, and never has been an indicator of financial strength, it's one factor and the biggest way to compare debt is vs turnover/profitability. Currently Man Utd are profitable, Liverpool are not, from that very basic fact Utd can service the debt they have, Liverpool have been unable to.....
I don't remember saying Liverpool are going to collapse anywhere, or even hinting at it. I'm merely saying that suggesting Utd are in a weak financial position is so wholly and completely inaccurate it's insane to even say it, and Liverpool aren't in a strong, nor bad/terrible position. They are in a hugely better position than most teams in the league. Their losses are relatively small given the size of their turnover and size of it's fanbase.
