First Team Regular
Jul 9, 2012, 8:41 PM
Location: A small town in north Wiltshire.
Team(s): Calne Town, Darlington, Hibernian, Rosenborg, Sussex CCC, Wiltshire CCC
Post #12 of 16
Whilst Man Utds finances arent exactly great, its mostly as I understand it to do with the Loan that the Glazers took out to buy the Club.
I think the Club on a Business level is hugely profitable and the payment of Players etc is all totally above board. There were huge questions over the Rangers business model, which are now part of a fraud inquiry. So I think the situation is a little different. Not least because someone else would be much more likely to invest in the Man Utd due to its massive income stream.
Leeds Utd remain the closest approximation, but their demise occurred before the FA made their "Rules"....Leeds did take a bit of a pounding but I think mostly due to points deductions if I am right?
Unlike the SPL, the Premiership is bigger than any one Club like someone says above.
I cant see them being liquidated, so in a CVA event I think they'd be relegated a couple of levels (whats the FA Rule on that in terms of levels to drop?), but I think there would be some sort of fudge.
"You can't score runs in the Pavilion, you've got to stay in and grind them down"
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