Man Ure on 08:16 - Mar 31 by MattinLondon | Whoever buys the club will have to pay off that debt - which will add on 1 billion on to the asking price. Old Trafford is also outdated and falling apart - it’ll cost another 500 million to get it up to standard. Then the training ground needs to be seriously updated and the team needs hundreds of millions spending on it. Makes you wonder what the point is in buying a big club. Obviously the prestige. |
I'm sure the Glazers are going to walk away with much more than just prestige. Its just a large scale version of buying a house, letting it out so that the tenants pay the rent, use it to pay off your mortgage. Then sell it when it gets to the point where you have to spend money on maintenance. The value might not be as high as it should be, but you've essentially trousered your tenants rent for the period that you've owned the property, without committing too much of your own cash to it. |  |