tomaldinho1
Full Member
- Joined
- Nov 26, 2015
- Messages
- 18,012
I’m aware of how debt works…and yes mortgages are awful but we all literally have no choice unless but to get one which ties us into essentially a lifetime of debt.That's like saying taking a mortgage to own a home or start a business is immoral. Almost all large acquisitions are funded with 70-80% Debt (unless you are a cash rich software company like Amazon/Microsoft/Apple). There is no concept of morality in this. United's owners took a risk of accepting Debt while betting that they could increase cash flows enough to pay off the Debt. Every large corporation you've worked for has done this.
Yes outliers exist. After their victory, how many times have they been considered a challenger for a top-4 position at the start of the season? Is it because they lost Mahrez & Kante in succession? Why do they lose key players like Maguire and now Tielemens? Do you think they will challenge for top-4 this season?
Also read the post before jumping in because you’ve backed up my point - debt is so common in business it’s be unrealistic to think United acting their own interests re debt calculations and FFP would make any difference. It would have been a majority of clubs wanting the same.
Again read the post man…your reply makes zero sense.