Man Utd in debt?!

[leah]

Did any of you guys see the back page of the sun that said they were in debt? Apparently they've burrowed so much money that they might need to sell more players to make a profit.

http://www.thesun.co.uk/sol/homepage...ext-to-go.html

(yn)!!!

[Meree.]

I saw it. God... there going down hill.

[Browney]

Did any of you guys see the back page of the sun that said they were in debt? Apparently they've burrowed so much money that they might need to sell more players to make a profit.

http://www.thesun.co.uk/sol/homepage...ext-to-go.html

(yn)!!!

THEY'RE WHAT!?!

[leah]

hmmm not really Meree, it can happen easily enough if you spend too much and don't make it back. They clearly thought their profit would outweigh their costs but it doesn't seem to be. This is exactly how the Leeds fiasco begun "selling players to make money" :rolleyes:

[Pyroka]

wow must've been a slow day at the office. man utd were in debt back when beckham spooned a penalty.

[Meree.]

Yeah I know Leah, but still.. It will make them go down a hill a tad.

[leah]

wow must've been a slow day at the office. man utd were in debt back when beckham spooned a penalty.

I think it's more serious now, don't think they have another way off paying off the debts and the interest keeps rising too!

[Pyroka]

I think it's more serious now, don't think they have another way off paying off the debts and the interest keeps rising too!

its a football club they borrow more off the banks than the whole country does mortgages.

gutted if man utd went into administration... one can dream.

[Titch]

You believe what they write in the sun LOL

Read this > http://news.bbc.co.uk/1/hi/business/8451848.stm

They arnt selling any players, its just the sun ********tin like useal.

[leah]

its a football club they borrow more off the banks than the whole country does mortgages.

gutted if man utd went into administration... one can dream.

yeah exactly, but if this was the same as any other time every season people would be like "omg they're in debt" so somethings clearly different this time around. It could be the amount or the profit rate they've been getting that's altered.

Titch, the sun aren't always completely accurate but they don't tell complete lies, else they wouldn't be successful and I doubt they'd get away with printing lies too. They might have over exaggerated but MU are in debt.