ghostofcecere Posted February 5, 2010 Share Posted February 5, 2010 in my eyes,making a profit to pay your debt isn't profit. however much they paint it. well for the likes of you and me and wouldn't disagree..... but in a business sense it is profit. If you had enough money you may consider that you could get United at a knock down price at the moment, take a hit on the debt front for a few years (quite a few!!) but have a business that in 10 years time or whatever is paying you £50M a year profit potentially. The comparison with Latics, and for me this is why it will always be a massive problem to find any other investor except a true fan, is that we lose £800K a year. So even after you pay TTA whatever they want for us, you're £800K a year down before you even start! Never mind looking at investing further on the playing front. Quote Link to comment Share on other sites More sharing options...
johnny punkster Posted February 5, 2010 Share Posted February 5, 2010 i know what your getting at, but i prefer the simple "1-5= -4" solution. Quote Link to comment Share on other sites More sharing options...
singe Posted February 5, 2010 Share Posted February 5, 2010 (edited) i know what your getting at, but i prefer the simple "1-5= -4" solution. Yes it is true JP. but, perhaps another way of looking at it is that when you go to the Cash point and look at your balance, you don;t say Oh crap I've got -£50,000 ** because you have included mortgage ! EDIT. I wish my mortgage was only £50k, but it illustrates my point. Edited February 5, 2010 by singe Quote Link to comment Share on other sites More sharing options...
singe Posted February 5, 2010 Share Posted February 5, 2010 By the way, rather than Stevie J's Project Flee, perhaps it should Project Adios Amigos! Quote Link to comment Share on other sites More sharing options...
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