Quote Originally Posted by ex_pat_magpie View Post
The actions of the Glazers are what the rules were originally meant to control.

They have got out of control since. (both the Glazers and the rules)

The leverages buy out of Man United was not a direct consideration of the rules. It was an still is to this day a completely legal and acceptable business practice in accordance with the PSR guidelines.

PSR does not consider debt at all when looking at accounts. They look at profit and loss over a rolling 3 yr period.

The Glazers service the debt payments of the $800m loan (now $1.1 they took out to purchase the club. The don't miss payments so they don't default on the loan. If they had a few very bad years in terms of revenue, sponsors walked away as their owner were seen to be using sweatshops to manufacture cheap sportswear and other sports related tat & brands walked away from them then we'd see them start to struggle.

Until they completely collapse and spend 4-5 yrs in the lower half of the Prem/flirt with relegation they'll continue to be able to manipulate the league due to their global brand strength. Rat-c**t said as much in an interview.

Him pusing 80 and looking like a dead dogs ballsack, he'll be dead soon thou and we'll see what the rest of the Enios board want to do with this association to the club.