The Rags debt

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Wheelsy

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Joined
11 Oct 2007
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@LessonInPride
I've heard figures of £700 million, and the fact they barely make the payment on the loans' interest every year.

Does anyone have a weblink to their financial situation so I can tell a Rag who believes "I'm happy to support a club who live within their means, are viable, and arent reliant on a third party" to get to fuck?
 
<a class="postlink" href="http://www.ragsinshit.com" onclick="window.open(this.href);return false;">http://www.ragsinshit.com</a>
think thats the link
 
read somewhere that they are fuked in two years,its to do with the repayments being increased,think the bottom line is they have to win the chups lge for the next 3 years to break even
 
the rags and liverpool are both in debt up to there eye balls,the interest alone is £60-70 million a year,one bad year where they didn`t get into the champions league and there shagged!
 
Wheelsy OSC Sydney said:
I've heard figures of £700 million, and the fact they barely make the payment on the loans' interest every year.

Does anyone have a weblink to their financial situation so I can tell a Rag who believes "I'm happy to support a club who live within their means, are viable, and arent reliant on a third party" to get to fuck?
Click to expand...

Don't think you need to be a genius to work out that if you can only make the interest payments when you have won the premiership and champions league that if you don't do those things you struggle to make the necessary payments.

What happens if you don't make payments on a mortgage ? Your house gets repossessed. In short if they have a couple of lean years they're f*cked !
 
Wheelsy OSC Sydney said:
I've heard figures of £700 million, and the fact they barely make the payment on the loans' interest every year.

Does anyone have a weblink to their financial situation so I can tell a Rag who believes "I'm happy to support a club who live within their means, are viable, and arent reliant on a third party" to get to fuck?
Click to expand...


has this rag ever seen/been to manchester, after you have put him straight on the money side of things be sure to tell him about yours and skippy's travels.
 
trust me, and i'd know...they're ok at the moment...it'd take more than a couple of lean years unfortunately
 
bluemoonrising said:
Wheelsy OSC Sydney said:
I've heard figures of £700 million, and the fact they barely make the payment on the loans' interest every year.

Does anyone have a weblink to their financial situation so I can tell a Rag who believes "I'm happy to support a club who live within their means, are viable, and arent reliant on a third party" to get to fuck?
Click to expand...


has this rag ever seen/been to manchester, after you have put him straight on the money side of things be sure to tell him about yours and skippy's travels.
Click to expand...
I think you already know the answer.
Like all Rag fans, no he hasn't.
 
borntobeblue said:
I heard that by winning the world championship they won 500 mil and enialated most of their dept with that?
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No way did they get that amount for that 'tournament'!
Like everyone else on here, I would like nothing more than to see the rags get repossesed, closed down etc, however, realistically you have to admit that if we can attract the huge investment we have done that the rags can too. And unfortunately I don't see it happening.
 
marco said:
borntobeblue said:
I heard that by winning the world championship they won 500 mil and enialated most of their dept with that?
Click to expand...
is that a joke
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hahahha so the world championship is now the biggest competition on the globe but more viewers watch the lge cup final, YEH!!
 
When the rags talk about them being world champions someone on here said it best when they said without looking it up who were the last world champions, i have asked plenty of rags and not a one of them can name it, shows what a huge tournament it is.

I mean please if there was anywhere close to that amount of money for that tournament teams from all across would be falling over themselves to play in it not some dodgy team for china and one from ecuador was it!
 
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