You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Rags current debt anyone?
- Thread starter jrb
- Start date
CITY FOR LIFE
Well-Known Member
Seems to have gone quite in the press about this subject, but I did see at the weekend that tonights game was discussed at an high level due to the fact if they go out tonight it could cost them 10-15mil alone, heres hoping.
york away to this!
Well-Known Member
- Joined
- 23 Jul 2009
- Messages
- 11,058
...one of them still owes me a fiver from the other week....
squirtyflower
Well-Known Member
£ 3 squillion
DTeacher
Well-Known Member
- Joined
- 12 Nov 2009
- Messages
- 4,515
- Location
- Bolton
- Team supported
- The best team in the land and all the WORLD
If it is anything to do with the banner, mate - hope you and other kind Bluemooners who have put their hands in their pockets are not being ripped off.
See last post on your previous thread:
<a class="postlink-local" href="http://www.bluemoon-mcfc.co.uk/forum/viewtopic.php?f=1&t=168774&start=70" onclick="window.open(this.href);return false;">viewtopic.php?f=1&t=168774&start=70</a>
See last post on your previous thread:
<a class="postlink-local" href="http://www.bluemoon-mcfc.co.uk/forum/viewtopic.php?f=1&t=168774&start=70" onclick="window.open(this.href);return false;">viewtopic.php?f=1&t=168774&start=70</a>
Prestwich_Blue
Well-Known Member
It will be around £735m by now.
The £716m was at June 2009 and included just under £200m of PIK notes that were attracting interest at 14.25%. This interest is added on to the capital amount and so the current additional interest will be about £18m I reckon.
The £716m was at June 2009 and included just under £200m of PIK notes that were attracting interest at 14.25%. This interest is added on to the capital amount and so the current additional interest will be about £18m I reckon.
rushts
Well-Known Member
jrb said:Still need a figure.
Obviously there's £500mill to start with that they've just borrowed, but there must be some debt left over from the original £716mill to add on?
I'm guessing you're gonna make a large banner and go to the game tonight in your city strip??
DTeacher said:If it is anything to do with the banner, mate - hope you and other kind Bluemooners who have put their hands in their pockets are not being ripped off.
See last post on your previous thread:
<a class="postlink-local" href="http://www.bluemoon-mcfc.co.uk/forum/viewtopic.php?f=1&t=168774&start=70" onclick="window.open(this.href);return false;">viewtopic.php?f=1&t=168774&start=70</a>
No mate. It's just to settle a bet in work. A red I work with thinks United's debt is now under £600mill after the refinancing, etc.
Prestwich_Blue
Well-Known Member
They might well have paid some of the PIK notes off as there was the facility to make a one-off £70m payment to the Glazers. But even if they did that, the total debt would still be over £650m.jrb said:DTeacher said:If it is anything to do with the banner, mate - hope you and other kind Bluemooners who have put their hands in their pockets are not being ripped off.
See last post on your previous thread:
<a class="postlink-local" href="http://www.bluemoon-mcfc.co.uk/forum/viewtopic.php?f=1&t=168774&start=70" onclick="window.open(this.href);return false;">viewtopic.php?f=1&t=168774&start=70</a>
No mate. It's just to settle a bet in work. A red I work with thinks United's debt is now under £600mill after the refinancing, etc.
reddishblue
Well-Known Member
- Joined
- 4 Jun 2009
- Messages
- 1,363
I have always been crap with money but as far as I know if you change your lender the initial debt does not come down. You may be given longer to pay it or perhaps lower intrest rate. After all, you wouldn't lend £20 quid to someone and then say, call it £15 you owe me....surely?
reddishblue
Well-Known Member
- Joined
- 4 Jun 2009
- Messages
- 1,363
waspish said:by 2017 all there debt has to be payed up!!!
By my reckoning that's £100m per year that that needs to be paid off. That could possibly eat into their profits over the next few years. Don't expect them to be spending a lot on transfers in the near future.
Prestwich_Blue
Well-Known Member
The last couple of years they've made generated about £90m spare cash each year and now have to pay about £42.5m interest alone on the bonds and the Glazers are trying to take about the same amount out each year to try to clear the PIK notes by 2017.reddishblue said:waspish said:by 2017 all there debt has to be payed up!!!
By my reckoning that's £100m per year that that needs to be paid off. That could possibly eat into their profits over the next few years. Don't expect them to be spending a lot on transfers in the near future.
So it doesn't leave a lot.
Ricster
Well-Known Member
jrb, check you're pm's!
scorer
Well-Known Member
jrb said:DTeacher said:If it is anything to do with the banner, mate - hope you and other kind Bluemooners who have put their hands in their pockets are not being ripped off.
See last post on your previous thread:
<a class="postlink-local" href="http://www.bluemoon-mcfc.co.uk/forum/viewtopic.php?f=1&t=168774&start=70" onclick="window.open(this.href);return false;">viewtopic.php?f=1&t=168774&start=70</a>
No mate. It's just to settle a bet in work. A red I work with thinks United's debt is now under £600mill after the refinancing, etc.
But the £500m in bonds is a debt of sorts, they probably have to pay higher interest on that than they did for the loan.
Boff
Well-Known Member
A tad more after tonight, tick tock......