City and debt

[rastus]

With the credit crunch they may buy the stadium and surrounding area from the council for agood price. An oportune time to buy, there is no credit crisis for our owners

 

[hello]

not only do we have no debt, the first team contracts have already been paid in full into an interest bearing investment account, so we are not dependant on ESPN coughing up Chumps league etc. If the unlikely eveny HRH Mansour decided to upsticks, we would be left in the black and not having to paid 75% of the first team for the rest of their 4/5 year contracts.
The fact that he is paying new signing salaries and contract renewals irelan/ned etc outright into this investment funds should prove he is around for the medium to long term.

Contrast this to the chelsea and they have a 50m a year shortfall and suddenly 300/400m of debt they need to pay back.

 

[Bluemoonbaldboy]

With the credit crunch they may buy the stadium and surrounding area from the council for agood price. An oportune time to buy, there is no credit crisis for our owners

It's not just the council who own the stadium and the Sportscity complex Sports England do as well

 

[rastus]

With the credit crunch they may buy the stadium and surrounding area from the council for agood price. An oportune time to buy, there is no credit crisis for our owners

It's not just the council who own the stadium and the Sportscity complex Sports England do as well

True but money talks in this climate. How much was it to build Eastlands?

 

[eddie c 123]

just said it all to a chelsea fan, but my reply was that if the owner leaves he would want something, lol. I dont think people understand how rich the owner really is.

 

[Bluemoon115]

just said it all to a chelsea fan, but my reply was that if the owner leaves he would want something,

Tell him that he may want soemthing, but he's not entitled to anything, so the only sensible thing would be to keep financing his investment :)

 

[Bluemoonbaldboy]

just said it all to a chelsea fan, but my reply was that if the owner leaves he would want something,

Sounds like sour grapes Chelski fans are a little miffed when it came out all this money Roman pumped in was a loan. Mansour is a successful business man he wants City to be a money maker like everything else he does but he is happy to bankroll the club, true if he ever left he would want a return on his investment but that would be down to any buyer. We will be on a different level then and will take someone with serious money to buy us.

 

[mick hunt]

The debt the rags have has already caught up with them they sell tranny for £80m and buy an ex Wigan player and a free transfer that tells me there is no money in the transfer kitty. A transfer kitty is something that City will never need while we have Arab owners the rags team is getting older and will need replacing how I don't know they have no money for new players but hey who cares. They say empires fall and the bigger they are the bigger they fall let us hope that my dream comes true when our blue shirted heroes rule the world.

 

[Guzzblue]

If you look at the postin' on Richards, Zab an' Bridge, follow the link to the Mail story, then look at the stories on the right hand column there's an article on why Edwards (22 yrs a rag chairman) is worried about the Glazier's pullin' out of OT an' saddlin' them with approx £700 mil of debt - it's a real goody if you like readin' about potential disaster for the rags.

 

[Dubai Blue]

Will the rags debt eventually catch up to them and how much are they in debt?

From the horse's evil child-poisoning mouth:

<a class="postlink" href="http://www.dailymail.co.uk/sport/football/article-1218910/Former-Manchester-United-chairman-Martin-Edwards-reveals-debt-fear-club.html" onclick="window.open(this.href);return false;">http://www.dailymail.co.uk/sport/footba ... -club.html</a>