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Football 2010-2011


Guest eFestivals

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Jesus christ on a bicycle.

From Tariq Panja of Bloomberg on Twitter

tariqpanja #MCFC announce losses of 121 million pounds for year ending May 30 2010, second highest loss in Eng football history. Only eclipsed by #CFC

tariqpanja #MCFC income of 125 million pounds entirely swallowed by wages of 133 million. Wages up by 50 million - that's before this summer splurge

tariqpanja #MCFC need to deliver now. Sheikh Mansour's investment since Sept 2008 is now more than 500 million pounds. #Abramovich spent 700 in 7 years

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Can't be arsed mate. Far too happy taking it easy on the couch watching the Ryder Cup and t'Interneting! I'll definatley get worked up about the whole thing and to slightly vent my anger the laptop will end up getting turfed out the window and go swimming in the pond in the garden. I can see it now.

Edit - well I was until rain stopped play.

Edited by Colonel Mustard
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No one's worse than these pair of tophats. Not even the Glaziers down the road !

That's not actually true - while both clubs are f**ked by the debt the 'buyers' brought along with them, only one of those owners is leeching money directly out of the club to finance their own high living. ;)

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Bill Archer takes the award for worst chairman for me. Sold the Goldstone Ground to personally profit, and arranged for Brighton to have a groundshare with Gillingham, which was over seventy miles away.

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massone did the same. though it's not a media darling club so not reported.

Oh, any club that can turn a profit will have that profit being taken by its owners, either directly and transparently, or quite often by surreptitious means. For example, Halls and Shepard at Newc were claiming to be be pumping money into the club, but were actually extracting far more than they put in via various scams which channelled money back into their pockets.

The difference at Utd is that their financial situation is getting worse and worse before the owners take money out, and made all the more worse by the money the Glazers are taking out because they're personally skint.

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Oh, any club that can turn a profit will have that profit being taken by its owners, either directly and transparently, or quite often by surreptitious means. For example, Halls and Shepard at Newc were claiming to be be pumping money into the club, but were actually extracting far more than they put in via various scams which channelled money back into their pockets.

The difference at Utd is that their financial situation is getting worse and worse before the owners take money out, and made all the more worse by the money the Glazers are taking out because they're personally skint.

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