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#11 (permalink) | ||
Atchin' Akai
Join Date: May 2005
Location: Unamerica
Posts: 8,723
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![]() Quote:
That's the point I've been making. United have the biggest debt. There's no disputing that, but United's debt was incurred by the Glaziers who bought the club on borrowed money. Not by overspending on players. A club only goes into administration if they are unable to service the debt incurred. Interestingly enough, only 6 clubs in the premier league are able to service their debt. Quote:
Those fans who criticise United for their debt need to realise that their own clubs financial situation, in real business terms, are far worse than that of United's. It seems you're lucky enough to have a benefactor over at Villa! £93 million in debt Lee? Only a £2 million profit margin? And a sugar daddy too! ![]() Lets hope he doesn't get bored. Have a think about that before you criticise United. It's a sad fact of football that every Premier League club is in debt. If we go off Urban's 1 point deducted per £10 million, then wouldn't it be fairer to deduct points from the clubs who are unable to service that debt? The Current Level of Debt in the Premier League | Onebooker Blog btw...The shadow dwellers over at the council house have spent more money on players in the last year than United have in the last 5. Last edited by right-track; 10-10-2010 at 03:55 AM. |
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