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English soccer power had a $113.4 million net loss in the fiscal year ending last June 30, despite winning the Premier League title ...Read the full article
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Port Credit Bill from Canada writes: Who do we think we are? Chelsea?
- Posted 09/05/08 at 1:18 PM EDT | Alert an Editor | Link to Comment
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bj sutherland from Victoria, Canada writes: Holy shiite! That's quite a debt and those credit rates are outrageous. ManU better win the EPL and the Champions league titles or Sir Alex won't have any money to spend this summer. I don't know anything about the Glazers, but I doubt they're willing to keep losing money like Chelsea's Russian oil oligarch.
- Posted 09/05/08 at 2:46 PM EDT | Alert an Editor | Link to Comment
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Port Credit Bill from Canada writes: Abromovich lost 17bn in a divorce settlement the 250mn pounds a year were nothing to him.
BTW, borrowing $ at 14.5%!? What did Malcolm do? Put it on his credit card?- Posted 09/05/08 at 2:53 PM EDT | Alert an Editor | Link to Comment
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Joe Public from Toronto, Canada writes: Ha Ha...they've got bankers!
- Posted 09/05/08 at 3:49 PM EDT | Alert an Editor | Link to Comment
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Young Gunner from Canada writes: Oh glorious Man United. This will eventually catch up with them on transfer fees and spending habits I'm sure. That's a lot of jersey sales... looks like fans are going to have to cough up way more $$$. They'll probably release 3 new kits this year just to cover some interest payments.
- Posted 09/05/08 at 5:28 PM EDT | Alert an Editor | Link to Comment
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Random Person from Heard and Mc Donald Islands writes: Abramowich has an "commercial asylum" in UK,because the Russians had a contract on him,just a couple of years ago,with all the "tax free" money he left Russia...
Not that I am a "russian fan",however,it's shady money....- Posted 11/05/08 at 12:38 AM EDT | Alert an Editor | Link to Comment
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