He confirmed that he will borrow £540m to finance the deal and it is estimated that he will need to spend £46m a year in interest payments alone to service the debt. That equates to a staggering £126,164 per day before any capital repayments are made. The prospect of massive debts has been the main cause of trepidation among fans, who are also dismayed that a foreign tycoon with no background in football is on the verge of total control of their historic club.
The interest payments are put in starker perspective when compared with United's profits. The projected payments of £46m a year are more than twice the club's annual profits of £19.4m for the whole of the last full financial year, to July 2004. The figures suggest that Mr Glazer could need to quadruple United's profitability to keep the club financially viable.
Originally posted by srfqt1 at 2005-5-15 12:42 AM:
第時淨係還利息都死呀
£126,164 per day
問你點還呀
等破產啦!
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