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Premier League debt table
Posted on 5/23/12 at 8:51 am
Posted on 5/23/12 at 8:51 am
4
Posted on 5/23/12 at 8:57 am to UASports23
United has the most debt, but they are one of a few teams in the world that actually make a profit. The debt comes from the money used to finance the Glazers' takeover. We're just whittling away at that debt, bit by bit.
Posted on 5/23/12 at 9:08 am to UASports23
How did Fulham accumulate all of their debt?
Posted on 5/23/12 at 9:12 am to GeauxColonels
Al Fayed has some loans that account for all that debt. Supposedly though he pays no interest and the debt is held by a friend or something along those lines.
ETA: the loan might be from al Fayed to fulham and they pay no interest and he has promised not to call it in. He invested a ton of money to allow them to rise from league 2 to the epl.
I am certain that it is zero interest bearing debt though. I believe Villa is the same thing with the deb being owed to our owner Randy Lerner
ETA: the loan might be from al Fayed to fulham and they pay no interest and he has promised not to call it in. He invested a ton of money to allow them to rise from league 2 to the epl.
I am certain that it is zero interest bearing debt though. I believe Villa is the same thing with the deb being owed to our owner Randy Lerner
This post was edited on 5/23/12 at 9:19 am
Posted on 5/23/12 at 9:39 am to GeauxColonels
MJ statues be expensive.
Posted on 5/23/12 at 9:52 am to TheDude
quote:
MJ statues be expensive.
Posted on 5/23/12 at 10:29 am to UASports23
Wolves should have used that 26 million Euro on competent players. 
Posted on 5/23/12 at 12:02 pm to Vicks Kennel Club
Didn't we just pay of pretty much all of our debt?
Posted on 5/23/12 at 12:03 pm to UASports23
that table is so deceiving b/c Glazer put all his debt on the united books. Thats why many fans where against him buying the club
Posted on 5/23/12 at 12:39 pm to StraightCashHomey21
quote:
that table is so deceiving b/c Glazer put all his debt on the united books. Thats why many fans where against him buying the club
It seems that is the case with most of these clubs that the debt is held by the owner. Should be converted into equity IMO not sure why they wouldn't.
Posted on 5/23/12 at 8:53 pm to Vicks Kennel Club
Fans will be comforted by that profit traveling to Barnsley and Peterborogh United
Posted on 5/24/12 at 12:23 am to BleedPurpleGold
quote:
Didn't we just pay of pretty much all of our debt?
This table is from 10/11...I don't think we eliminated most of the debt left over from the previous owners until this year.
Posted on 5/24/12 at 9:54 am to xavierTIGER
Thought something was fishy. Thanks for the clear up.
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