18 Jun 2026 14:32:53
On the debt, should a business be trying to reduce what they pay to the banks each year, not increase it? Even if the 150 million from Amazon cleared something, it reduces the loan and interest due. Business looks in a better place, share prices
increase too. Your asset, the club, is more valuable. Maybe I'm being too logical.
18 Jun 2026 20:21:27
Or use the money to invest. Lots of businesses and countries grow via debt. If your earnings increase more than your debt, then that is the aim. Ineos were clear on day one that they want to make the operation leaner, but invest in the playing side. They have kept to that. Our debt has increased in the time they've been here, but it has resulted in CL qualification and a much improved playing squad, along with a reduced squad payroll.
Just paying off debts is not always the right approach. Austerity hasn't worked as well for most countries as an investment-based approach that took on more debt did. So I disagree that your point is more logical. It's far more nuanced than that.