Mad Eyed Screamer
Moderator
Give it to Giggsy's brother to the end of the season...
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FC United Thread
- Thread starter Mayor West
- Start date
blue b4 the moon
Well-Known Member
Give it the ginger pig, he's found his voice, knows everything and lives on the right side of town.
blue b4 the moon
Well-Known Member
It's never near enough until it's done.How near to going bust are they?
Tick tockIt's never near enough until it's done.
Pigeonho
Well-Known Member
What’s going on at their silly fucking pallet looking stadium? There’s been a film crew set up for weeks now. Catering trucks, caravans etc. Car park is always full too.
What’s going on at their silly fucking pallet looking stadium? There’s been a film crew set up for weeks now. Catering trucks, caravans etc. Car park is always full too.
Cheap parking?
bakerdave76
Well-Known Member
- Joined
- 12 Feb 2009
- Messages
- 4,788
There making a documentary "nothing at all " made by media city...What’s going on at their silly fucking pallet looking stadium? There’s been a film crew set up for weeks now. Catering trucks, caravans etc. Car park is always full too.
Mad Eyed Screamer
Moderator
Well they have had 3 home games this season and each one has been around 800 short of break even.How near to going bust are they?
They are down on season ticket holders and down on membership.....
The crux of the issue is either 2019 or 20 when they have to repay shareholders or donors / loanees a significant amount which in no way can they afford to repay. So they have to ask each one if they are happy to defer payment - for a considerable long time. In a nut shell many fans who dug deep into their pockets (and who are still being asked to dig deep) will never see a penny of their investment.
Then the council are expecting their 500K loan being paid back in 2020 or 2022 (not sure the exact date but around then) and again the club are not in a position to be paying that back based on current finances.... so again the club will be begging cap in hand to extend the length of the loan.
If most of the shareholders call their money in or the council demand their loan back then that is the end.... of course, the way the club is losing money week in and week out, it may not even get that far.... and shareholders / doners / loanee's and the council will have lost everything. Meaning Manchester council tax payers lose 500K too.....
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