L-r d wrote:The debt is around 500 million according to David Gill. When Man Utd buy players they always pay in installments and usually have performence or trophy based clauses also attached. With the knowledge that 80 mill is coming in and the Glazers stating that all of it will be made avaliable to Fergie for transfers i am sure spending 100 odd mill this summer wouldn't surprise many at all. Not that i want Fergie to spend that much.
The only person being naive FG is you if you believe 40 mill is all Man Utd have to spend. Despite spending 40 mill per season without selling 100 mill worth of players.
You haven't sold Tevez LRD, now i know your clutching at straws, but to claim an asset that isn't yours sold, really is scraping the barrel
Your debt is £649.4m, which rose in the last financial year from £604m (these are all available figures btw) - so your debt is getting worse. You have to pay £150m back in 2011 i think it is, your making a loss of £45m when generating over £250m revenue, i repeat... where is the money coming from?
If you wish to bury your head in the sand, no probs... just because your club keep issueing £40m transfer budget each season (ironically that was just under what you lost last finacial year) and you think because its been done before its having no impact on your overall finances (£604 - £649.4m) Your utterly clueless.
Ultimately in two years time your club need to have access to £150m. I ask once again where is that money coming from?