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#11 (permalink) |
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Status: Youth Squad
Join Date: Oct 2007
Location: In that little dark corner of your mind where you dare not look.
Posts: 245
National Team: England, Canada
Club Team: Manchester United, Toronto FC
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Thanks: 25
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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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#12 (permalink) |
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Status: Super Moderator
Join Date: Jun 2007
Location: UK
Posts: 1,536
Club Team: one guess
Players: giggs, scholes, keane, ole, neville
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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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#13 (permalink) |
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Status: Noob
Join Date: Jan 2008
Posts: 12
vCash: 500
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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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