halfcenturyup
Well-Known Member
- Joined
- 12 Oct 2009
- Messages
- 14,896
Let's assume they borrow £2bn. At, say, 7% that's going to cost them £140m a year in interest alone. They can offset some of that via a naming rights deal but I can't see that bringing in more than £25m a year, and that's the very top of the range.
The rest would presumably come from the increased matchday revenue but they'd need to nearly double that. The increased capacity would take care of about a third of that but they'd need to find something like £2.5-3m extra per game on top. And that's just to cover the debt and stand still. If they continue their collapse on the pitch then things could really get interesting.
It's weird isn't it? Yesterday they were running out of money and they had to cancel old players benefits and employee lunches. Today they are going to incur 150 million additional interest. And let's not forget the Glazers will be taking dividends out again before a hole is dug.
This is why I was suggesting City should be starting a movement to reduced ticket prices. City can handle it but other clubs would have to follow and all United's financial planning would be right out of the window ....
Last edited:
