Glazers, Bond Issue and Debt

[DaleDaManc]

I herd from a mate the glazers will be getting money of companys that pay debt for people errmmmm sounds like a MUCH bigger mess and cant be true whats the point in that then?

[Bennthered]

thanks for the explaination and now i kind of understand, altho now i do i like it even less its just debt consolidation what happens when these bonds mature and we cant afford to pay it back?

GLAZERS OUT!!

p.s we need a shiek up!!!!

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bad joke sorry!

[Noucamp99]

LOL. Good pun, mate!

Yes. It is very worrying. If it were a capital investment, then that would be great, but a form of loan? It can't be good business sense!?

[Bennthered]

we need money, get becks onside let him put some dollar in! a true red always will be!

[Noucamp99]

I wonder if he has a few million stuffed down the back of one of his sofas? That's be a start?

[Bennthered]

theyve abused him for he world cup bid send him to asia they love him over there and get some rich sod back wwith loads cash to buy the club!

[Noucamp99]

Or the reports about the billionaires from the far east? They must be chomping at the bit, now?

[Bennthered]

fingers crossed! they could come in and look like heros aswel now seeing what the glazers have done!
but they will all be looking at the massive debt and that must be a stumblin block!

[Noucamp99]

I don't know if the banks could accept an offer to settle at a lower rate? Like 50p for every pound owed. Well, likely a higher low rate (if that makes sense) at 80 or 90p for every pound? It might make everyone happier, although they'd lose the interest payments. I don't know, really.

[Bennthered]

it seems hopeless at the moment!