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Freudian slip?!....
I used to wonder how the hell they went 27 years without winning a league before Ferguson.
Now it seems easy to understand.
Read this on redcafe
Few on here have already mentioned the debt refinancing from late last year it's no surprise.
Simply put INEOS are too broke to dig the club out of the hole, the cost cuts work for a conventional business but in a competitive sport where there are multiple wealthy owners it only pushes the club further down the pecking order. If United isn't acquired by a state backed venture or a very nuanced consortium the club is finished from a financial point of view.
Sir Jim puts his own liability at risk with the development of a new stadium, it's at a point where if there's no changes in the next 12 months the league should realistically step in to enforce sanctions against the club which will ultimately force the owners out. It's not sustainable.
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I know - was a comment on the Redcafe post
There's zero chance of the PL stepping in to take control of Man Utd
still 50/50
Unlikely given their fanbase but things continue to decline there I can see them going into administration like liverpool nearly did a few years back. They're in disarray and tbh its hilarious to see.