He's off to City I reckon. They'll offer something close to that $140kpw, he and his family are already setup in Manchester and he wants to stay in the PL. He'll also start every game alongside Robby up front. Could be a lethal pairing...
As for club debts, it's fair to say all clubs have reasonably large debt. The problems arise when servicing that debt. LFC is a good example because the club itself is healthy and making a profit but the numpty hillbilly owners can't payoff their loans for the company that owns the club. Also LFC aren't making enough profit to assist in the service of that debt as it's needed to be put back into the club for transfers and general running of the club. Hence why the owners are having to sell up their other interests. A club like United may have larger debt but the group/family behind United have the finances and resources to service the debt without digging too much into the clubs profits, which allows them to have healthy transfer budgets (I'm guessing United the club make a higher profit than LFC with bigger gate sales and more idiots - erm, misguided people buying the merch). Also making 80m off one player helps too...TheKop2009-06-15 20:32:58
He's off to City I reckon. They'll offer something close to that $140kpw, he and his family are already setup in Manchester and he wants to stay in the PL. He'll also start every game alongside Robby up front. Could be a lethal pairing...
As for club debts, it's fair to say all clubs have reasonably large debt. The problems arise when servicing that debt. LFC is a good example because the club itself is healthy and making a profit but the numpty hillbilly owners can't payoff their loans for the company that owns the club. Also LFC aren't making enough profit to assist in the service of that debt as it's needed to be put back into the club for transfers and general running of the club. Hence why the owners are having to sell up their other interests. A club like United may have larger debt but the group/family behind United have the finances and resources to service the debt without digging too much into the clubs profits, which allows them to have healthy transfer budgets (I'm guessing United the club make a higher profit than LFC with bigger gate sales and more idiots - erm, misguided people buying the merch). Also making 80m off one player helps too...TheKop2009-06-15 20:32:58