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Best 5 club teams in history of Football:
Liverpool 1977-1978 - 100.00%
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Real Madrid 1956-1960 - 0%
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Juventus 1985 - 0%
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Milan 1989-1990 - 100.00%
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Ajax 1971-1973 - 0%
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Santos 1962-1963 - 0%
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Torinho 1940's - 100.00%
1 Vote
Ajax 1995 - 0%
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Flamengo 1981 - 100.00%
1 Vote
Benfica 1961-1962 - 100.00%
1 Vote
Total Votes: 1
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Old 12-16-2007, 08:13 PM   man utd in administration Post #1
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just thought id share this with u im in 2nd season and just got 9 points deduction how leetis that?anyone else had it?
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Old 12-16-2007, 08:21 PM   man utd in administration Post #2
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What does "leetis" mean?

What's your current bank balance?

Manchester Utd have a huge debt in the game, and unless you win some stuff in your first couple of seasons, you will go into adminstration. It's a challenging top-tier team to manage
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Old 12-16-2007, 08:28 PM   man utd in administration Post #3
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leet means mad 24.3 million in debt was joint top of league now trailing and possibly out of title race.unbelievable ha ha
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Old 12-16-2007, 09:18 PM   man utd in administration Post #4
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I am in 2015 in my game and in the EPL there are three teams with a point deduction for going into administration, and 90% of the clubs in the Spanish league are all in massive amounts of debt. It is stupid how badly the clubs are in debt; not sure if this reflects real life or not, but it is very hard to make a profit and keep your club stable in the game, especially if you are not winning things regularly.
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Old 12-16-2007, 09:39 PM   man utd in administration Post #5
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i won league and champs league in 1st season so would not have thought it would be that
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Old 12-16-2007, 09:41 PM   man utd in administration Post #6
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It could be a very prophetic foresight by SI, or it could be they need to tweek their settings for the financial aspects of the game.

Realistically, so long as the Manchester United merchandising machine keeps rolling, it's highly doubtful they will ever go into administration. Same applies with clubs like Barcelona and Real Madrid. Especially with Madrid - who spend huges sums of money, run up huge debs, then get continually bailed out.
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Old 12-19-2007, 03:04 PM   man utd in administration Post #7
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anybody else have problems with united
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Old 12-19-2007, 03:13 PM   man utd in administration Post #8
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Plenty of people have had a problem with Man Utd, or seen them go into administration. It's ridiculous that people have had to sell Man Utd's reserves just to avoid administration.

Personally I think SI have jumped on the media bandwagon about Man Utd and made their repayments ridiculous in relation to the income they get. It wouldn't surprise me if Utd's merchandising income isn't as high as it should be either. Whatever your feelings about the Glazer's deal, they are successful businessmen and they are not going to have made an investment that will bankrupt the club and themselves in such a short period of time.
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Old 12-19-2007, 03:32 PM   man utd in administration Post #9
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i think their income is shot...
IRL United are about to announce 30 million pounds in profit this year...until that Jonny Evans came and ruined it with the rape case...
im in Asia, and Man Utd is all you see around here. Singapore, Malaysia, China, Japan etc...all Man Utd(and maybe some Scousers). the Arse and Chelsea make up the minority...
So its highly unlikely they would go into administration(unless the Glazers go bankrupt)
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Old 12-19-2007, 05:11 PM   man utd in administration Post #10
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I thought the Glazers had saddled all of the 600 million debt onto ManU's balance sheet, so servicing that debt will be reflected in the game through monthly repayments.

Loads of clubs have bank debt, especially those that built new stadia. Would be interesting to see what Arsenal's monthly repayments are like, or Schalke in Germany.

Real Madrid continually get bailed out by the Spanish state, or is it the city of Madrid? They were virtually bankrupt recently until the city of Madrid agreed to buy their training grounds for a sweetheart deal and lease them back to the club for a stupidly small sum.

So, while ManU is financially strong, it would be interesting to see whether the 30 million profit is operating profit or does it include all servicing of debt?

Are there any accountants here? Maybe you can explain that better than me.
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