How much different our situation might be now? Perhaps Hughes has stepped down and we certainly haven't bought players we did and made our huge debt. Maybe it would have been even better to us we had gone down that day in 2012 and HR gone to Ukraine and we never had appoint him. I bet we wouldn't be worst state than today
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What if we had been relegated in 2012
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Originally posted by ArticHoop View PostHow much different our situation might be now? Perhaps Hughes has stepped down and we certainly haven't bought players we did and made our huge debt. Maybe it would have been even better to us we had gone down that day in 2012 and HR gone to Ukraine and we never had appoint him. I bet we wouldn't be worst state than today
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Originally posted by Kevin Mcleod View PostWhatever 'debt' we are in is well covered by the parachute payments, so whoever we owe the 'debt' to will be paid back, so its best not to worry about it imho. As long as we dont go silly ever again, we will be just like most other clubs in a season or two. If we go straight back up, then its even better.
With our wage bill we will easily make more losses rather than pay any debt offWe Are The People.....
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Originally posted by Rangersw12 View PostOur debt is 200 million , 42 of which is owed to the banks
With our wage bill we will easily make more losses rather than pay any debt off
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To put our £240m debt into context, Man Utd have a total debt of £395m with an income of £430m per year. Our income in the Championship last year was £39m. Even in the Premiership years our income was only just over £60m, so to say that we will probably be paying off some of the debt and the owners may even take some profits is probably not the most accurate statement anyone is going to make with regards to our finances. Keep in mind our average salary costs for the last 3 years is £71m. In our Championship winning season our salary spend was still £30m and it is highly unlikely we will bring it back down to anything like that level.
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Originally posted by Maidohoops View PostTo put our £240m debt into context, Man Utd have a total debt of £395m with an income of £430m per year. Our income in the Championship last year was £39m. Even in the Premiership years our income was only just over £60m, so to say that we will probably be paying off some of the debt and the owners may even take some profits is probably not the most accurate statement anyone is going to make with regards to our finances. Keep in mind our average salary costs for the last 3 years is £71m. In our Championship winning season our salary spend was still £30m and it is highly unlikely we will bring it back down to anything like that level.#standuptocancer
#inyourfacecancer
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