Barcelona - shameless

answer the question then guys ... no one has

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Everyone has.

comment by whodunnit (U22710)
posted 56 seconds ago
answer the question then guys ... no one has, we all know why.

Are you all saying you dont see the irony in moaning about clubs spending money whilst in debt .... when you own club has massive debts?

cmon, shouldnt be too hard i mean im suposed to be the stupid one!
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This thread should really be reserved for fans of clubs over 11 years old.

comment by Darren The King Fletcher (U10026)
posted 11 seconds ago
La Liga can’t stop them signing players. But they can stop them registering players, and here we are.
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They should be able to stop them signing them. It’s the signing that costs money, not the registering.

I don’t know it they legally can. The clubs are transferring the registration of the players. It’s then for the clubs to register them with the league. It’s like transfer bans, they aren’t actually bans on transferring registrations but on registering them with the league - this is why Atleti could sign Costa but had to wait to register him.

Whodunnit, I'll try to spell it out. If you look at the OP and what United fans are actually commenting on, it's not 'Barcelona's debt', but their financial mismanagement: the fact that their expenditure has catastrophically surpassed revenues to the extent that they have to take extreme remedial measures to be able to continue to function as a club, yet they continue to attempt to sign and register expensive new players. Debt is one of the symptoms of this deficit but it's not the notable feature.

By contrast, United's debt was loaded onto the club *by design* following the Glazers' leveraged takeover. Every one of us hates that they did it, and most of us are deeply critical of the way they have leached wealth from the business ever since, while proving to be poor stewards of the FC. However, on a basic balance sheet level it has been prudently run, never indulging in reckless or unsustainable expenditure.

Now that you understand the basis of this conversation, perhaps you will cease to think you have such an amusing 'gotcha' with the fact that both clubs carry debt.

Why is debt sustainable?

Cash-flow propagation;
By extension, liquidity health maintenance;
Tax advantageous;
No dilution of ownership/control (a la equity);
Infinitely 'Safer' from the perspective of cyber crime;
Appreciation of the "real value" of money.

When does it become unsustainable?

Poor/low interest cover;
Highly geared;
Insolvency;
Defaults/illiquidity in the instance of poor cash-flow management;
Credit rating impact thereof

The guy has gone and made his own thread about United's '771m' debt...

Whodunnit, I'll try to spell it out. If you look at the OP and what United fans are actually commenting on, it's not 'Barcelona's debt', but their financial mismanagement:

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Just this should be enough. Financial mismanagement is about the only type we haven’t given a proper go yet.

comment by Diafol Coch 77 (U2462)
posted 1 hour, 10 minutes ago
comment by Clockwork Red: Jadon and the Argonauts (U4892)
posted 1 minute ago
comment by Diafol Coch 77 (U2462)
posted 3 minutes ago
comment by Melbourne Red (U5417)
posted 29 seconds ago
comment by whodunnit (U22710)
posted 7 seconds ago
comment by Melbourne Red (U5417)
posted 33 seconds ago
comment by whodunnit (U22710)
posted 23 seconds ago
so just to get this clear the supporter of a club that is over HALF A BILLION in debt is complaining about another team spending money they dont have .... hmmmm !!
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We’ve not been barred by the premier league from registering players or given a negative salary limit.
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thats a different argument im bringing up the point of them spending money they dont have
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We do have the money. We’re spending within our limits and means. As much as the debt - and our owners - is something we’d rather be without, it’s easily serviceable.
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It's not much different to a mortgage really. I have a mortgage but still spend on things for the house/food/clothes etc.
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Yes, but can you register new players?

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I've recently registered a new fridge!
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I assume you’ll be making it club captain.

comment by Diafol Coch 77 (U2462)
posted 1 hour, 24 minutes ago
comment by whodunnit (U22710)
posted 56 seconds ago
answer the question then guys ... no one has, we all know why.

Are you all saying you dont see the irony in moaning about clubs spending money whilst in debt .... when you own club has massive debts?

cmon, shouldnt be too hard i mean im suposed to be the stupid one!
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This thread should really be reserved for fans of clubs over 11 years old.
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Almost all clubs are over 11 years old.