05 June 2009

Hicks and Gillett re-enter the conversation

Sigh. This'll be short.

BBC News et al are reporting that Hicks and Gillett's holding company lost £42m last year. Which is a big bloody number, and bound to cause a riot.

I would like to throw up a word of caution, and link to this thread on RAWK by ttnbd.

I've linked to ttnbd on financial matters before, and with good reason. He's far more thorough that what you'll find in the news reports. Unsurprisingly, it's not good news, but it's not as bad as it appears on first glance.

3 comments:

irfaanfr said...

THESE 2 IDIOTS/TWWATS SHUD SELL THE CLUB TO DIC!!!!!IM GUTED!!!!

Mike Georger said...

I'll start to worry if we lose out on every one of our transfer targets. We still have less debt that the rest of the big four, where are all the media stories about United's billions in debt?

Pijan said...

Man..hopefully kuwait owner or DIC will come and offer something so that 2 retards will sell their ownership to them....I pray to God...