UK time is: 10:12:53
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

United - Confusing Money Talk!

It`s only money!

Some figures being banded about by the tabloid press might seem pretty impressive.

Seemingly, our holding company, Red football Joint Venture, are intending to settle the entire payment-in-kind debt next week as it carried an annual interest of 16.25 per cent.

Now that might well carve a huge chunk of our debt but before we all go slapping ourselves on the back the bottom line remains that there is still a huge chunk of debt out, namely the 526 million bond

Nevertheless, our Chief Executive David Gill doesn`t seem to concerned with his latest quotes suggesting,

"We still have cash to invest in players and to give good contracts to players and we are comfortable with the business model"

I have to say all this goes over my head, I think I`ll just concentrate on the football side of things!


Join The Vital Debate

Vital Man United on: facebook

Vital Man United on: twitter





Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



Click here to join in the debate on the club forum.

The Journalist

Writer: Red Boy Mail feedback, articles or suggestions

Date:Tuesday November 16 2010

Time: 5:00PM

Your Comments

Not to mention our revenue is increasing, I guess things aren't as bad afterall. Won't hear to many city fans talk about the rising debt now.
TheFamousNo7
i wouldn't bet against it!
merlin
 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Manchester United Articles

Cleverley Stay`s (Tuesday September 2 2014)

Hernandez Gets His Dream Move (Tuesday September 2 2014)

So How Was It For You? (Tuesday September 2 2014)

That Falcao Deal? (Tuesday September 2 2014)

Falcao Set For United Move (Monday September 1 2014)

Welbeck Off On Loan? (Monday September 1 2014)

Vidic - Nightmare Start! (Monday September 1 2014)

Blind Deal Almost Done (Monday September 1 2014)

Transfer Deadline Day Live Blog (Monday September 1 2014)

Kagawa Goes Back to Dortmund! (Sunday August 31 2014)

Archived Manchester United Articles

List All Vital United Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

League Results (view all)

Latest Results
Burnley 0 - 0 Man Utd
Sunderland 1 - 1 Man Utd
Man Utd 1 - 2 Swansea

League Table (view table)

Team P W D L GD Pts
11. West Ham 3 1 0 2 -1 3
12. Q.P.R. 3 1 0 2 -4 3
13. Sunderland 3 0 2 1 -1 2
14. Man Utd 3 0 2 1 -1 2
15. Leicester City 3 0 2 1 -2 2
16. Newcastle 3 0 2 1 -2 2
17. Everton 3 0 2 1 -3 2

Breaking League News

Cleverley Stay`s
Man Utd : 02/09/2014 10:04:00
Amalfitano Joins
West Ham : 02/09/2014 10:02:00
Diame's Gone
West Ham : 02/09/2014 10:01:00
What Did We Really Expect?
Spurs : 02/09/2014 09:38:00
Things That You Would Chnage About Football?
Aston Villa : 02/09/2014 09:08:00

Current Site Poll (view all polls)

MOTM v Burnley (a)?
Suggested By:  Red Boy
De Gea 10%
Jones 5%
Evans 0%
Blackett 0%
Young 0%
Valencia 5%
Fletcher 0%
Mata 0%
Di Maria 67%
Rooney 2%
Van Persie 2%
Anderson 2%
Welbeck 2%
Januzaj 5%