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Old 06-12-2009, 20:20   #1210
Damien
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Re: Football : Season 2009/2010

I take back what I said about United's debt:

http://en.wikipedia.org/wiki/Malcolm...chester_United

Quote:
The total amount will be £660 million, on which interest payments will be £62 million a year. The club stated, "The value of Manchester United has increased in the last year, which is why lenders want to invest in the club... 'This move represents good housekeeping and it ensures that Sir Alex Ferguson will be provided with sufficient funds to compete in the transfer market."
£62 million on interest a year? A year!? Even with the cool £80 mill they landed they couldn't put a massive dent in the £660 million they owe. Crazy money.
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