At the right price, United are an exceedingly attractive investment proposition, as they are a veritable cash machine. Even though the profits are currently largely siphoned off by the enormous interest payments, the financials look great at an operating level.The healthy financial situation probably helps to explain why green and yellow scarfs don't seem too prominent these days.
Wednesday, September 7, 2011
The Swiss Rambler Sees Much to Like in Man U's Finances
The Swiss Rambler -- a truely outstanding blog on the finance of football -- takes a close look at Man U's finances and finds a lot to like even in the context of the Glazer's LBO, and foreshadows their eventual departure:
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Crikey he's good. Thanks for the link.
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