Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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Just announced by United....
Pre-tax profits £48.2m (includes the Ronaldo money though)
Interest payment alone due £41.9m
Announcing some sort of Bond sale in an attempt to raise £500m.
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Marc
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Registered: 11th Aug 02
Location: York
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Daddy going to invest for you?
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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Bit more coming out...
Bond Scheme aimed at paying off some existing debt and replacing with the bonds, they will be due back in 2017.
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Cosmo
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Registered: 29th Mar 01
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Apparently if it wasnt for the sale of Ronaldo the club would of made a £30m+ loss.
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Ojc
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Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
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The club is falling to pieces. Only Man City & Chelsea will be able to put up a fight these days.
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Marc
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Registered: 11th Aug 02
Location: York
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Well as long as Ipswich and Liverpool continue to struggle it can't be all bad!
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strick206
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Registered: 12th Apr 07
Location: Wigan Drives:Integra DC5
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Yawn, get's boring after a while
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Cosmo
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Registered: 29th Mar 01
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quote: Originally posted by strick206
Yawn, get's boring after a while
Its all just announced by United, not like Im digging up old news.
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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Turnover £278.5m
Operating Profit £91.3m
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mwg
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Registered: 19th Feb 04
Location: South Lakes
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quote: Originally posted by Ojc
Only Man City & Chelsea will be able to put up a fight these days.
I would not be surprised if this is what happens. It doesn't matter whether they make a profit or a loss, they still get a ridiculous amount of money to spend on players regardless.
They say money cant buy you happiness but it helps
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Nath
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Registered: 3rd Apr 02
Location: MK
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Saddened to not have my name in the title of this thread.
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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quote: Originally posted by Nath
Saddened to not have my name in the title of this thread.
I replaced you with Yorkshire, apologies.
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Ojc
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Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
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quote: Originally posted by Marc
Well as long as Ipswich and Liverpool continue to struggle it can't be all bad!
We have more money than Man Utd/Liverpool I know that for sure.
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Cosmo
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Registered: 29th Mar 01
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Sleeping giant.
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Ojc
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Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
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You knowz dat
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Nismo
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Registered: 12th Sep 02
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does anyone actually care about all the debt and what not?
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Cosmo
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Registered: 29th Mar 01
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quote: Originally posted by Nismo
does anyone actually care about all the debt and what not?
They should, £600m+ of debt is not something you can ignore tbh
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Tom
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Registered: 3rd Apr 02
Location: Wirral, Merseyside
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I absolutely care about debt, specifically the (negative) effect it has on being able to sign new players/compete.
[Edited on 11-01-2010 by Tom]
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Nath
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Registered: 3rd Apr 02
Location: MK
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quote: Originally posted by Nismo
does anyone actually care about all the debt and what not?
Only when the teams in debt stop winning. Otherwise ignorance is bliss
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Marc
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Registered: 11th Aug 02
Location: York
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quote: Originally posted by Cosmo
They should, £600m+ of debt is not something you can ignore tbh
I'd be more more concerned about your own team. This is going on for you 5th year without a trophy, you have been taken over by sqaubbling Yanks, you splashed out big on Torres and Mascherano, one of which wants away, and the other will become restless before long. Especially with Europes elite keeping tabs. Then theres your dropping out of the Champions League, a lot money lost there, and you will probably have a similar fate in the Europa League, we all know some random team will win it. Your current league position is worrying, if you fail to finish top 4 this year you're in trouble of keeping on to certain players. I havn't even touched on your lack of strength in depth either.
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Nath
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Registered: 3rd Apr 02
Location: MK
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Go Marc, go
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Ojc
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Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
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I would say United have got worse this season than Liverpool.
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Nath
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Registered: 3rd Apr 02
Location: MK
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quote: Originally posted by Ojc
I would say United have got worse this season than Liverpool.
You would.
tbh
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strick206
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Registered: 12th Apr 07
Location: Wigan Drives:Integra DC5
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quote: Originally posted by Ojc
I would say United have got worse this season than Liverpool.
And that is exactly why you're southern
Clueless
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strick206
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Registered: 12th Apr 07
Location: Wigan Drives:Integra DC5
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quote: Originally posted by Nath
Saddened to not have my name in the title of this thread.
My first ever appearance
Now part of the elite
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