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Money Talks?

There are some interesting financial figures being floated around in the press today, figures that auger well for the future.

According to the figures published our revenue streams generated a huge 334.1 million last year, an all time high.

This cut the debt by a huge 70 million and allowed us to spend some 50.3 million on a summer spending spree.

On the down side the debt still stands at a whopping 38.3 million but the news is positive, is it not, especially with the 600 million listing on the Singapore Stock Exchange in the autumn!



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The Journalist

Writer: Red Boy Mail feedback, articles or suggestions

Date:Friday September 2 2011

Time: 4:23PM

Your Comments (oldest first)

Change to most recent first
A Qatari Royal Family takeover bid will come soon - mark my words!!
niteworlok
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02/09/2011 16:31:00

A Qatari Royal Family takeover bid will come soon - mark my words!!
niteworlok
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02/09/2011 16:31:00

The debt is in a far better state and it won't be too long before we're debt free. If the 25% share is sold to the Qatari Royal Family then I could also imagine it being a catalyst for a complete takeover. The club will be debt free so you would imagine the Glazers would have a tighter grasp on the club with no reason to sell their remaining 75% share but after having a taste of the club I could imagine the Qatari Royal Family simply making an offer they can't refuse. They're much better owners for the long term as the club will be force for the forseeable future and Fergie retiring won't be as much an issue as any manager who comes in will have the financial clout to keep the trophies coming whereas I can imagine the Glazers syphoning off whatever we don't use and the new manager not quite having the funds they would like. Great news so far.
TheFamousNo7
Report Abuse
02/09/2011 16:52:00

The debt is in a far better state and it won't be too long before we're debt free. If the 25% share is sold to the Qatari Royal Family then I could also imagine it being a catalyst for a complete takeover. The club will be debt free so you would imagine the Glazers would have a tighter grasp on the club with no reason to sell their remaining 75% share but after having a taste of the club I could imagine the Qatari Royal Family simply making an offer they can't refuse. They're much better owners for the long term as the club will be force for the forseeable future and Fergie retiring won't be as much an issue as any manager who comes in will have the financial clout to keep the trophies coming whereas I can imagine the Glazers syphoning off whatever we don't use and the new manager not quite having the funds they would like. Great news so far.
TheFamousNo7
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02/09/2011 16:52:00

Its just a shame that in this great country of ours, our football teams are owned by foreigners - and football is our national sport :(
niteworlok
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05/09/2011 11:04:00

Its just a shame that in this great country of ours, our football teams are owned by foreigners - and football is our national sport :(
niteworlok
Report Abuse
05/09/2011 11:04:00

 

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