Writer: Red Boy 
Date:Tuesday November 16 2010
Time: 5:00PM
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!
Vital Man United on:
Vital Man United on:
Nani - There`s More! (Tuesday June 18 2013)
Heading for a UEFA Pro-Licence! (Tuesday June 18 2013)
UEFA Punishment Squad (Tuesday June 18 2013)
Lewandowski Hankers After Bayern Move (Still) (Monday June 17 2013)
Relief from the Boredom! (Monday June 17 2013)
Does Anyone Remember Bebe? (Monday June 17 2013)
Linked to Arsenal Move! (Monday June 17 2013)
Buttner and Homesickness! (Sunday June 16 2013)
City Are Interested As Well! (Sunday June 16 2013)
Is Powell Surplus to Requirements? (Sunday June 16 2013)
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