or to join or start a new Discussion

29 Comments
Article Rating 1 Star

Partizan banned from Europe for debts

http://www.bbc.com/sport/football/38582054

Partizan Belgrade have been banned from the Champions League and Europa League for the next three seasons because of unpaid debts, says Uefa.

European football's governing body said the 2015 Serbian SuperLiga champions had broken rules on unpaid debts three times in the past five years.

Uefa added that the club owed 2.5m euros (Β£2.17m) in unpaid debts as of September 2016.

Quite a small debt by EPL standards
Somebody remind me just how much is MUFC debt right now.

posted on 11/1/17

United is servicing their debts through the commercial sponsorship and partnership developed by the Glazers and Woodward's team. Their bond ratings are in the BBB's, the debt/equity ratio has gone down every year since 2005, and the revenues are easily covering the financing costs that these debts have.

posted on 11/1/17

comment by puffinthebushkangaroo (U1950)
posted 32 minutes ago
comment by Shinjury list (U1700)
posted 5 minutes ago
Basically OP.


Alex Ferguson did a deal with the devil a long time ago, and we now own UEFA
----------------------------------------------------------------------
Creative response - I like that
----------------------------------------------------------------------

That's why we changed our nickname to Red Devil's.

Forget all these plastic idiots talking about economics. They know fack all about our history. Well the stuff that's not on the internet anyway.

posted on 11/1/17

Devils*

posted on 11/1/17

Tottenham is made a deal with the devil too with their new stadium plans. To each and their own I suppose.

comment by Neo (U9135)

posted on 11/1/17

Oh dear OP, accounting basics.

posted on 11/1/17

comment by Freedom FC (Welcome to Texas) (U7214)
posted 13 minutes ago
United is servicing their debts through the commercial sponsorship and partnership developed by the Glazers and Woodward's team. Their bond ratings are in the BBB's, the debt/equity ratio has gone down every year since 2005, and the revenues are easily covering the financing costs that these debts have.
----------------------------------------------------------------------

This is good to know.

Fack knows what BBBs are, but I understand the last couple of sentences at least

posted on 11/1/17

morespurs must have hacked his account.

comment by Busby (U19985)

posted on 11/1/17

Because taking away revenue from European competitions is going to help

posted on 11/1/17

comment by Shinjury list (U1700)
posted 9 minutes ago
comment by Freedom FC (Welcome to Texas) (U7214)
posted 13 minutes ago
United is servicing their debts through the commercial sponsorship and partnership developed by the Glazers and Woodward's team. Their bond ratings are in the BBB's, the debt/equity ratio has gone down every year since 2005, and the revenues are easily covering the financing costs that these debts have.
----------------------------------------------------------------------

This is good to know.

Fack knows what BBBs are, but I understand the last couple of sentences at least
----------------------------------------------------------------------
Bond ratings: Goes anywhere from AAA to Junk Bonds.

I don't have access to exactly what their bond ratings are but a lot of football clubs are in the BBB range. Assume United is there somewhere, but given the revenue stream, it could be better.

AAA is given to someone like Microsoft
Junk Bond is given to someone like a mom and pop store that is losing money.

posted on 11/1/17

Sign in if you want to comment
RATE THIS ARTICLE
Rate Breakdown
5
0 Votes
4
0 Votes
3
0 Votes
2
0 Votes
1
1 Vote

Average Rating: 1 from 1 vote

ARTICLE STATS
Day
Article RankingNot Ranked
Article ViewsNot Available
Average Time(mins)Not Available
Total Time(mins)Not Available
Month
Article RankingNot Ranked
Article ViewsNot Available
Average Time(mins)Not Available
Total Time(mins)Not Available