CITY FOR LIFE
Well-Known Member
Best Post tonight.
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U*****s financial mess
- Thread starter psut1
- Start date
nwanda said:Can see a rooney and vidic sale to ease the debt. these are the only sellable assets they have
Is that the situation with MU (potentially facing financial tsunami) and Vidic (is he touted to be as good after being tricked or treat by Torres et al or skinned by Kenwyne Jones) sale being derailed for one reason or another? Stay tune!
Reminds me of Lehman Bros sunk by Akerlof's theory 'The Market for Lemons'.
Basically a lemon is something that people think is going to be trouble and, as a result, are extremely wary about buying. Akerlof took the example of used cars. Why would anybody sell an apparently faultless car? Perhaps because they knew that the gearbox was about to seize and the engine fall out. Such fears might be unfounded, but who would want to take that risk?
MCFC BOB
Well-Known Member
DontLookBackInAnger said:It's such a shame for all the real football fans they have ;-( ..........................................................................................................................OK I'm done being sad ;-)
You were sad for too many dots.
Its in the mail for scum and scouse vermin. They owe so much money as % of operating profits they are basically factoring in finishing in the top 4 - every season for time and memorial, getting past the group stage of champions league, decent cup runs, big kit and advertising deals.
There is no contigency or margin for error it only takes a couple of things to go wrong as could well happen with Liverpool this season and its armagedeon - all best players sold to repay debts to a realistic level and the resultant downward spiral.
We have seen it ourselves at city over the past 30 years all be it with much much lower levels of debt (I think the peak was around £80 million at city with most of it in personal loans from the owners.)
Anyway the only long term solution is for a rich owner to come along but for both clubs you are looking for someone willing to spend in the order of £800 million to £1 billion - quite frankly in the curent enviroment who would want to do that ? Besides part of the fun for these people is building something for themselves. Happy days really.
There is no contigency or margin for error it only takes a couple of things to go wrong as could well happen with Liverpool this season and its armagedeon - all best players sold to repay debts to a realistic level and the resultant downward spiral.
We have seen it ourselves at city over the past 30 years all be it with much much lower levels of debt (I think the peak was around £80 million at city with most of it in personal loans from the owners.)
Anyway the only long term solution is for a rich owner to come along but for both clubs you are looking for someone willing to spend in the order of £800 million to £1 billion - quite frankly in the curent enviroment who would want to do that ? Besides part of the fun for these people is building something for themselves. Happy days really.
Thanx4Knives
Well-Known Member
They've just appointed Mickey Thomas to their back room staff......
Printing score notes in a back room in the swamp!!
Printing score notes in a back room in the swamp!!
alera said:Its in the mail for scum and scouse vermin. They owe so much money as % of operating profits they are basically factoring in finishing in the top 4 - every season for time and memorial, getting past the group stage of champions league, decent cup runs, big kit and advertising deals.
There is no contigency or margin for error it only takes a couple of things to go wrong as could well happen with Liverpool this season and its armagedeon - all best players sold to repay debts to a realistic level and the resultant downward spiral.
We have seen it ourselves at city over the past 30 years all be it with much much lower levels of debt (I think the peak was around £80 million at city with most of it in personal loans from the owners.)
Anyway the only long term solution is for a rich owner to come along but for both clubs you are looking for someone willing to spend in the order of £800 million to £1 billion - quite frankly in the curent enviroment who would want to do that ? Besides part of the fun for these people is building something for themselves. Happy days really.
Exactly. For any investor there is not much of a room for improvement or huge gains or rewards but whats the downward 'trajectory projection' if the wheels come of too?
Baconface: "hello, is that carol vorderman"?
Vorderman: "yes"
Baconface: "do you know anyone at ocean who could get us a good rate on a loan for £700m"?
Vorderman: "no, but i've got that crate of scotch you were after"
*all quotes are purely fictitious :)
Vorderman: "yes"
Baconface: "do you know anyone at ocean who could get us a good rate on a loan for £700m"?
Vorderman: "no, but i've got that crate of scotch you were after"
*all quotes are purely fictitious :)
blueprint said:Question?
What will happen if the Rags got relegated?
Pls. tell me!
The biggest fucking party of all time would be had :)