Manchester United banter 84106

 

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24 Nov 2019 17:37:17
Posted this on live chat. Sir James Radcliffe, Britain’s richest man, was asked today why he bought into Nice rather than Utd, when he’s been a lifelong Reds fan. His answer? 'They are in quite a big pickle as a business.
'They haven't got the manager selection right, haven't bought well. They have been the dumb money, which you see with players like Fred. ”
Not a lot more to say really.

{Ed002's Note - He is a season ticket holder who has repeatedly tried to buy Chelsea.)

Agree1 Disagree0

24 Nov 2019 18:36:58
Do you blame anyone wanting to buy a business.


The debt is still going up.

Maybe a few years of this garbage will make the owners sell up.

24 Nov 2019 19:22:02
99% of business men would love a debt to turnover ratio like United's bolger. Its a fantastic position to be in i'm not sure you understand the finances.

24 Nov 2019 19:49:26
I do ken we make loads of money but the club could be making more money


That's what I don't understand.

24 Nov 2019 21:45:24
Ken

Yes you are right but when there is debt (leverage) In a business it usually has been spent to improve the business, our debt has done absolutely nothing for the business or club.

25 Nov 2019 08:10:55
The debt is the least of the clubs issues. Frankly owners can do what they like with the money its their club and its in a financially fantastic position. Much better than when they took over.





 

 

 
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