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Unread 05-05-2008, 12:14 PM
Default 765,000,000 - That's a lot of debt

From the Indy... I suppose this would be more of an issue if we weren't doing so well.

Neither, it should be said, are Ferguson's club in the rudest of health as they head down the home straight. The debts of the club's holding company, it emerged at the weekend, have risen from 641m to 765m in the past financial year, with 152m of borrowings attracting 14.25 per cent annual interest, and fans fear at least 2 extra on the price of the next season tickets.
Unread 05-05-2008, 12:19 PM

Originally Posted by Mr_Ed
with 152m of borrowings attracting 14.25 per cent annual interest
For fuck's sake
Unread 05-05-2008, 12:50 PM
Mr Kaboom

Interest which is being added on to the loan and not paid.By year 11 (the loan term in the accounts) the amount repayable on that loan alone will have grown from 138 million to 597 million.
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