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[quote][i]Originally posted by Cosmo[/i] [quote][i]Originally posted by Ben D[/i] I'm sorry did you just call me Doyle for saying our finances look better than teams such as city who made losses of over £300m over 2 season's ? or Chelsea who lose god know's how much per season when they annual turnover is a fraction of United :boggle: Or maybe you mean Liverpool who were/are days away from being repossessed like a cheap BrightHouse Telly? :| Our turnover & profit is far superior to most, loan's aside of course [/quote] Right Doyle... Correct me if I am wrong, but you have debt at an enormous level - something like 2 or 3x turnover sort of level. With repayments wiping out more than the amount of profit you're making so it has to be rolled up year on year. How is that putting you in any sort of better position than ANY club? City may of made a loss of £300m or whatever, but that would still put their debt level at lower than yours.Chelsea may well of made continual losses the past few season, but that would still put their debt level at lower than yours. Not to mention both have had their losses covered, in cash, but rich owners so it never actually made it to debt. Loans aside? You say that like they arent really there. They are, and they wipe out your profit (which isnt as great as you think by the way) plus a whole lot more each year. [/quote]
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