First came this: United debt interest rate upto 16.25%
http://www.timesonline.co.uk/tol/sport/ ... 130227.ece
With the season over, it is almost certain that United will breach the financial rules set out in the Payment in Kind (PIK) loan taken on by the Glazers to fund their investment in the club. The rate hike means that United will owe an extra £75 million in interest on an already ruinous £138 million loan taken out in 2006. That total will have ballooned to £662.6 million by the maturity date of 2017
http://www.timesonline.co.uk/tol/sport/ ... 130227.ece
The coincidentally a couple of hours later:
Ferguson said: “In the market today it’s very, very difficult and the structure of our squad is good in terms of ages, the balance, the numbers and there’s a lot of good young players. Sometimes you have to trust in all the development of the last few years and I’m going to stick with that, or most of it.
“There may be one signing and maybe we’d like to get a good player to the club, of course, but it’s not easy in the present day climate and I’ve nothing definite to tell you because we’re still assessing whoever’s available and the difficulties in terms of who you’d bring in.”
http://www.breakingfootballnews.com/eng ... layer/1548
Guess thats bye bye to Benzema, Villa, Kaka, Ribery etc.
Would it be mean spirited to laugh my fucking arse off at this. Bacon must be going fucking mental keeping the lid on this and not saying what he thinks, you can just tell that last line that I quoted that "the difficulties" are pretty simple, they are fucking broke.
