Same boat

So it has come to pass. The truth is out. It seems ManUare (this is not a typo) are in the same sort of muck 'Pool have been dropped into. According to the MU Finance prospectus plc launched in Manchester yesterday, the Glazers have taken up to 22 million pounds in undisclosed payment from the club. Having exposed the club to 700 million pounds in loans, the club is saddled with an annual interest of 45 million pounds, leading it to announce a profit in excess of 40 million, which would not have come about if not for the sale of one Ronaldo. In essence, they are in the red. Sounds familiar. It is quite clear that the Glazers are milking the club (all of them, including 1 daughter, are directors of the club) and are in it only for the money. This has led to rising ticket prices and little money to spend on player purchases. David Conn puts it aptly: "It is, quite simply, impossible to sustain the argument, to intelligent supporters stumping up their hard-earned cash for tickets at ever-increasing prices, that the £700m borrowings the Glazers have imposed, and £67m of interest payable last year, is having no impact." On the field performances have been mediocre this year, probably as a direct effect of a stagnating gene pool.
Despite lots of similarities between the 2 clubs pertaining to their current fiscal quagmire, it actually looks like MU are worse off than 'Pool. There doesn't seem to be another 80 million pound player sale to save them next year.
We should all work towards getting rid of these Americans from our lives.