Re: Football : Season 2009/2010
So they decided to get even more debt! I don't understand. Are they not just borrowing £500 million at lower interest rates to pay back some of the £800 million they have at higher interest rates? Which would mean none of this raises money for players. Other than decreasing interest payments which would mean less of their profits have to go to paying interest. However up until 08 Fergie was blowing more than United were earning on players. So that will probably continue...
If they are just increasing the debt then we might as well write United's future off now.
|