22-01-2010, 10:43 AM
It keeps changing colour, lol!!!
I still can't see the benefit to Manchester United with the bond issue, as the money invested has to be paid back, with a return on the investment. It's just a glorified second loan, secured against, horror of horrors, Old Trafford and Carrington. Someone tell me what is actually good about this deal? it seems that the Glazers have simply secured a little more freedom and flexibility to fleece the club, take more millions each over each year and virtually, strip the club of any honour, investment, capital and future growth.
I still can't see the benefit to Manchester United with the bond issue, as the money invested has to be paid back, with a return on the investment. It's just a glorified second loan, secured against, horror of horrors, Old Trafford and Carrington. Someone tell me what is actually good about this deal? it seems that the Glazers have simply secured a little more freedom and flexibility to fleece the club, take more millions each over each year and virtually, strip the club of any honour, investment, capital and future growth.