FFlash

actually Utd are at the £1bn mark

retired_annettebailey35

i believe almost every club in the world is in debt if you are talking professional clubs. many big clubs have financial backers though. the bigger the club the more debt they are allowed to have imagine you are the liverpool financial director he can goto his bank manager and show him gate reciepts and seasons ticket sales, sponsorship and tv money etc so the bank manager then says fine you can have a overdraft of £75 million or whatever.

retired_jon2508

The Spanish government wiped out about £200m of debt from Real Madrid a few years ago by spending that sum of money on their training ground. That should never ever have been allowed to happen.

retired_annettebailey35

i heard about that i believe real madrids reserve team has a really good stadium eg 40000 capacity or something ridiculous like that.

retired_lightdownunder

I don't think Spurs are in debt. They operate as a separate company to that of ENIC who is its parent company. ENIC who is owned by British Billionaire Joe Lewis lost loads of money in the Bear Sterns sale, but that cannot be passed onto Spurs as they operate as a separate entity.

I think it is one of the only big clubs not to be in debt.

retired_leiga

Newcastle aren't in debt either as Mike Ashley paid all the clubs debts off as soon as he took over. Back to the OP, it's known that Madrid have a huge debt.

retired_kurlette

arsenal are in debt for the new stadium but they make a profit every month so it wont really matter.

retired_mayrina

confused me a bit there

retired_jt343

Like its been said...most football clubs are in debt. Real Madrid have been majorly in debt many times, it's known that they took a while to pay for Zidane's transfer, so think about all the galactico's transfers also. It's been well documented that the Spanish Government have helped them, even bailed them out at time, particularly during the Franco era, Real Madrid were his darlings, and im sure the king has something to do with it also.

retired_collette87

Maybe this will answer some questions:

http://community.sigames.com/eve/forums/a/tpc/f/5211026...691%2Fm%2F8562041904

But to confuse things a bit I would like to add that Real Madrid of courde still are one of the richest clubs around...

(And no, english is'nt my first language)