The Guardian: How in debt are they?

[PaulTheVillan]

Link

[dave.woodhall]

Stoke's turnover is bigger than Newcastle and more than twice Albion's?

[Dave Javu]

That would be Newcastle's figures for last year when they were in the Championship, I assume.

[Chris Smith]

Stoke's turnover is bigger than Newcastle and more than twice Albion's?

Newcastle and Albion were in the Championship.

[dave.woodhall]

Stoke's turnover is bigger than Newcastle and more than twice Albion's?

Newcastle and Albion were in the Championship.

So they were. And hopefully will be again soon.

[Concrete John]

They've made a mistake with Arsenal's turnover - it should only be £210m.

[Woofles The Wonder Dog]

They've made a mistake with Arsenal's turnover - it should only be £210m.

I think that's because they've included the property stuff in there.

[Greg N'Ash]

I love these figures if only because they show how stupid Platini's proposed criteria is for qualifiying for the CL. The likes of us, citeh and chelsea who only owe debt to their owners would be chucked out if we qualify and yet the mancs paying 107m in interest a year to various bank and hedge funds would be welcomed with open arms. work that one out.......

[TimTheVillain]

West Bromwich Albion Holdings Ltd t/o £47 mill in the 08/09 year.

Those figures are a bit correct, not 100% mind !

[Concrete John]

I love these figures if only because they show how stupid Platini's proposed criteria is for qualifiying for the CL. The likes of us, citeh and chelsea who only owe debt to their owners would be chucked out if we qualify and yet the mancs paying 107m in interest a year to various bank and hedge funds would be welcomed with open arms. work that one out.......

Has that actually been clarified and/or stated?  As far as I'm aware the criteria is the debt/interest as a proportion of turnover and not who it is owed to.  So ours is 121% and Man Utd's is 206%, so they would be more likely to fall foul of the rules?

[Greg N'Ash]

As far as i can understand it. those Manu interest payments aren't included in their criteria. The club posts profits and that debt is mysteriously shuffled up to the holding company Glory Hunters Plc. We on the other hand don't post profits and although we have no chance of us going under as basically Lerner owns the club lock,stock and barrel so owes the debt to himself, we don't fit their criteria. As do any other club with a rich owner

[Mister E]

Sums up nicely why the schism between MON and RL developed. We haven't really maximised the £80m investment in wages, have we?!

[darren woolley]

We make 24 million from gate and match day income that is pretty good.

[Ads]

You'd expect that to increase next year with better attendances with (hopefully) better football/results.

[Concrete John]

Sums up nicely why the schism between MON and RL developed. We haven't really maximised the £80m investment in wages, have we?!

Haven't we?  Our actual wagebill is £80m, which based on those figures from last season is the 6th highest.  And where did we finish?  Yep, 6th.

Spurs spent less and finsihed higher, but Liverpool spent more and finished lower.