Manchester United’s debt, analysed

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Manchester United’s debt, analysed Links1
Unprofessional Foul found this 5/20/2008 on soccerlens.com [flag]
The article uses last available financial disclosures of the club as at 30th June, 2007 ( download document (PDF) here ). The words “current/currently” reflect opinion/fact with the same timeline in backdrop. All figures are in million pounds. The author is a financial analyst. It has been some time that people have been talking about a financial crisis in-the-making at Old Trafford. ... [link]

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I'm Guessing "Owning a Football Team" Is Not on a List of "The Best Things In Life"
Published 5/20/2008 by Precious Roy (noreply@blogger.com) at Unprofessional Foul
... you understand is actually getting cheaper by the day, United is actually paying a hefty interest rate on theirs. In summer of 2006, United re-financed the loans it used to buy the club so that the overall interest charge would drop to about £62M per year (down from £90M per year) but the overall debt increased from about $£580M to about £660M (to convert those numbers into dollars, pretty much just double them). There's a decent rundown of United's financial situation here. More fascinating is the financial statement itself (warning PDF link). About 60% of ...

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