So then with this debt of £300bn, who will be the first big club to fall into the admin trap?. Liverpool are being tipped after American owners George Gillett and George Hicks owe almost £240m, but also owe alot more in money they borrowed. Roman Abramovic they say owes £640m, Manchester United i'm not aware of the figure but i know are heavily in debt thanks to the Glazers, they owe a whopping amount according to reports, United only make cash from sponcors these days. Arsenal are still very much in debt mainly from their move from Highbury to The Emirates. One team is goin to fall big time sooner or later from this, personally i think it will be Chelsea as if Abramovic leaves the club then that £640m will be their debt and not Roman Abramovic's. Personally i'm surprised that Abramovic has lasted this long at Chelsea, would of thought he would of found a new toy to play with by now.
I'm just very happy that my club have the best American owner out the lot. A Chairman who lets his manager do his job without getting in his way, and using his brain when it comes to money, meaning in situations like this we are well in the black instead of the red.
I'm just very happy that my club have the best American owner out the lot. A Chairman who lets his manager do his job without getting in his way, and using his brain when it comes to money, meaning in situations like this we are well in the black instead of the red.
