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Best 5 club teams in history of Football:
Liverpool 1977-1978 - 100.00%
1 Vote
Real Madrid 1956-1960 - 0%
0 Votes
Juventus 1985 - 0%
0 Votes
Milan 1989-1990 - 100.00%
1 Vote
Ajax 1971-1973 - 0%
0 Votes
Santos 1962-1963 - 0%
0 Votes
Torinho 1940's - 100.00%
1 Vote
Ajax 1995 - 0%
0 Votes
Flamengo 1981 - 100.00%
1 Vote
Benfica 1961-1962 - 100.00%
1 Vote
Total Votes: 1
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Old 11-15-2007, 04:15 PM   Bankruptcy Post #1
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im 2011 and managing man united and we have 3 loans which we are paying 5million a month on plus 5million on wages. clearly this cant last or we are going bankrupt. has anyone else had this situation and how did you avoid your team going bankrupt?
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Old 11-15-2007, 04:16 PM   Bankruptcy Post #2
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Sell your players, get rid of staff members.
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Old 11-15-2007, 04:48 PM   Bankruptcy Post #3
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Let Man Utd go bankrupt, clubs crap anyway
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Old 11-15-2007, 05:13 PM   Bankruptcy Post #4
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Quote:
Originally posted by Tony Hall:
Let Man Utd go bankrupt, clubs crap anyway
Completely agree
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Old 11-15-2007, 05:18 PM   Bankruptcy Post #5
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/me grabs beer and peanuts to watch the flamefight which is about to begin
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Old 11-15-2007, 05:44 PM   Bankruptcy Post #6
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Quote:
Originally posted by Tony Hall:
Let Man Utd go bankrupt, clubs crap anyway
:thup:
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Old 11-15-2007, 05:50 PM   Bankruptcy Post #7
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Win some competitions. Easy with the most bestest team ever.
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Old 11-15-2007, 05:51 PM   Bankruptcy Post #8
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How did you manage to get your wages up to 5mil? Im Man Utd as well and i don't think its anywhere near that and my balance is up at 100mil. I hardly losing any money each month at the moment.
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Old 11-15-2007, 06:22 PM   Bankruptcy Post #9
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Quote:
Originally posted by medo24:
How did you manage to get your wages up to 5mil? Im Man Utd as well and i don't think its anywhere near that and my balance is up at 100mil. I hardly losing any money each month at the moment.
I only joined united in 2010, i knew about the loan used by the glazers to buy the club but they subsequently took out two further loans before i got there. also united were not in champs league last year so this had an effect on income. the wage is 1,250,000 per week which is 5,000,000 per month. the balance is 60,000,000 atm but obviously paying off so much debt per month will shrivel that. il just hopefully win the quadruple every year
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Old 11-15-2007, 11:52 PM   Bankruptcy Post #10
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Oh right, i understand now. Well good luck. Do you have two merchandising feeder clubs? The best way to make money is by winning but the feeders help.
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