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| United ownership thread | |
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| Tweet Topic Started: Nov 15 2010, 11:42 PM (1,583 Views) | |
| Monty | Nov 15 2010, 11:42 PM Post #1 |
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I'm a naughty boy
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Great news
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| Jeffers | Nov 15 2010, 11:51 PM Post #2 |
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Ginger Prince
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I read that as UK pay off PIK debt ![]() Its great news, just in time for the financial fairplay. What's the KFC united in financial problems?? Going the way of Liverpool, I think you have been talking out of your arse
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| "I don't play against a particular team. I play against the idea of losing." - Cantona | |
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| The Derry Pele | Nov 15 2010, 11:54 PM Post #3 |
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Free Suarez
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200 million payed off from 1 billion and everything is alright some people
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F**k Damien Duff
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| Jeffers | Nov 16 2010, 12:00 AM Post #4 |
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Ginger Prince
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so we miraculously make £200m from nowhere? that's almost enough to buy Liverpool you will also find the club doesn't have a billion pounds of debt. some people |
| "I don't play against a particular team. I play against the idea of losing." - Cantona | |
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| TheReturnOfTheKing | Nov 16 2010, 12:00 AM Post #5 |
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Definitely NOT a Terrorist
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better question, where are they getting the money from? lol i would bet they will take out another loan to pay it off |
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| Monty | Nov 16 2010, 12:02 AM Post #6 |
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I'm a naughty boy
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It could be another loan (which would be a lower interest rate than the PIK anyway) or maybe they sold something. |
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| TheReturnOfTheKing | Nov 16 2010, 12:21 AM Post #7 |
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Definitely NOT a Terrorist
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just be vary, when we heard our owners paid off 120m of loans 2 years ago, sky bastards just borrowed them from america from another bank lol which cost them in the end so it worked out well in the end |
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| The Derry Pele | Nov 16 2010, 12:44 AM Post #8 |
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Free Suarez
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Yeah i heard they upped the prices of the pies slightly at half time |
F**k Damien Duff
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| stacie | Nov 16 2010, 08:57 AM Post #9 |
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Dipped in chocolate, bronzed with elegance
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So United were paying off the loan but not the interest payments? It's good to not have it at all but at least you weren't paying interest on it. |
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flak and gary love stacie and weep sorrowful tears when she's not around | |
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| IRL | Nov 16 2010, 09:11 AM Post #10 |
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BANNED
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MU Finance PLC financial results for the first quarter ended 30th September 2010. MU Finance PLC announces that it will release its Financial Results for the quarter ended 30th September 2010 on 16th November 2010. The Earnings Release will be made available on the MU Finance PLC website (Manchester United - MU Finance) at approximately 11:00 GMT (06:00 EST) on 16th November 2010. This will be followed by a conference call and presentation to investors at 12:00 GMT (07:00 EST). Should be intertesting |
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| RubberToe | Nov 16 2010, 09:20 AM Post #11 |
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Chewbacca Lookalike
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Not really, it will probably show that Utd made about - missed the bit where it said quarter
Edited by RubberToe, Nov 16 2010, 09:21 AM.
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| stacie | Nov 16 2010, 09:21 AM Post #12 |
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Dipped in chocolate, bronzed with elegance
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Don't blame them for paying off the whole thing before the interest payments go up again but as they have the money why didn't they just pay it off before it got to that point anyway? |
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flak and gary love stacie and weep sorrowful tears when she's not around | |
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| IRL | Nov 16 2010, 09:22 AM Post #13 |
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BANNED
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No idea Stace, this stuff is way over my head |
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| RubberToe | Nov 16 2010, 09:26 AM Post #14 |
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Chewbacca Lookalike
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The question is, as titles pointed out, where has the money come from to pay for the PIK? The article suggests that the money isn't coming directly out of Utd. |
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| Monty | Nov 16 2010, 01:37 PM Post #15 |
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I'm a naughty boy
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Financial expert on SSN believes it could be the begining of part or whoe takeover of the club. I think the most likely sources though are a, A new Loan or b, they sold another of their assets. |
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8:08 PM Jul 11