Rags in financial trouble?

[Prestwich_Blue]

Re: Re: Rags in financial trouble?

The maturity date of the bond issue is the 1st Feb 2017 and they have to pay an annual interest bill of £45m. They have bought back a few of these bonds so the interest bill may have fallen slightly. I do not know whether these bonds may a coupon once or twice a year....most likely once a year i.e the 1st Feb

But Utd have a revolving credit facility of £75 Million which allows them to borrow up to £75 Million on very cheap terms. I assume that they could use this to finance any short term cash flow problems

They do have such a facility but they will probably already be using it and still have 4 months of operating expenses to fund before they get any cash in.

 

[samharris]

Maybe they will get the money from nowhere..just like last time.

 

[zandvoort blue]

Breaking Sky Sports News Transfer Centre....................Berbaflop looks like he`s on his way out of the Swamp. They want him off the wagebill as he`s one of the top earners and it brings in a fee for somebody potentially out of contract in 6 moths time.
No smoke without fire...............

 

[grantiemcfc]

<a class="postlink" href="http://menmedia.co.uk/manchestereveningnews/news/s/1470710_manchester-united-seek-permission-to-install-giant-advertisements-at-old-trafford" onclick="window.open(this.href);return false;">http://menmedia.co.uk/manchesterevening ... d-trafford</a>

I suppose they are trying... how long will the bite of getting knocked out of the champions league take... when should they of getting the cash from qualifying out of the group I am sure they thought the money was in the bank.

 

[waspish]

If I was berbaflop I'd wait till contract run down BaconChops been taking the piss with him top scorer last season and hardly played

 

[Balti]

lets hope the GAY boys are right:

 

[jonmcfc]

why our coat of arms on banner

 

[Rammy Blue]

Read a piece in the People today going on about Wellbeck not being happy with the contract offer from the scum, he's only asking for 60 bag a week which is hardly ott.

Tick tock.

 

[IH8MUFC]

If I was berbaflop I'd wait till contract run down BaconChops been taking the piss with him top scorer last season and hardly played

If there ever was a rag i felt sorry for it's berba. He even scored 6 in 3 games when he plays. The only time he gets a look in is when fat shrek goes awol. The fact that he doesn't make the bench is a joke tbh.

 

[VOOMER]

United have trumpeted the fact that they are the biggest brand in world football and have 20 billion, zillion, gazillion fans etc but the fact is that that means they have a lot more to lose, more quickly than any other club once the success stutters.

fb as I understand there's almost zero scope for revenue increase for them?