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Reload this Page United play for the double on back of £58m losses last year
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Default 05-06-2008, 06:31 PM

Quote:
Originally Posted by Dirtycheat View Post
... If it was still a private company maybe it would have made more sense...
Actually, as I understand it, United is a private company and not publicly traded anymore. It was, but not any more.




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Default 05-07-2008, 01:26 AM

zeus, tecknician & GCM touche x 3. I do see your points now.

I just hope it never reaches a point where we have to sell players like leeds.

hopefully, success this season will help clear that debt.




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Default 05-08-2008, 08:04 AM

this is not alarming at all. the news may sensationalize it, but the bottom line is that this is a common business practice. in case anyone has forgotten our beloved club is, in fact, quite a business. if anyone thinks differently, explain to me why we license Manchester United shampoo?! so what we see here is a simple case of some business loss. if we were still publicly traded, the stock prices would see a tiny dip as a result of such a small loss (in comparison to the club's wealth). ultimately, the glazer takeover has enabled us to move into a new era, where players of world class quality can be bought easily and without fear of losing a mint of investors.

fret not all you reds, our club's financial future is very safe and secure.
  
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