Originally Posted by
Swissclaret
If it is any consolation, the acquisition by the Glazer family of Manchester Ronaldo (formerly known as Newton Heath) was a leveraged buy out. The worrying thing is that we are not Manchester Ronaldo.
Even at the generously low rate of over 7% (exhorbitant at current rates) the club will be paying £4.5 million a year in interest. I don’t know the capital repayment terms. If is over 5 years the club will be repaying £12 million a year.
I am not too sure, therefore, where the millions will come from to invest on the pitch.