[Sinos]

Originally Posted by Carra_is_legend There is room for error coop. Even someone one like Hicks will be stupid enough to budget beyond the 1st round of champions league - in other words, he has to budget assuming we will go out of the 1st round.

Originally Posted by Sweet Silver Song off RAWK Hedge fund companies are the equivalent of loan sharks in the financial world. They provide loans where no other self respecting Banks will. They come at a price though, because their interest charges (and financial penalties) are that much steeper. The Glazers are doing ok now, but they took a massive gamble and it just about paid off. They were loaned up to their eyeballs with debt, the demand for corporates had bottomed out at OT. they were struggling to fill the 76K stadium and season tickets were only slowly being taken up. If they had continued for another season in that vein, they would have gone into meltdown. I know certain Hedge companies involved were already looking at identifying certain players that they wanted sold. But luckily for them Cech suffered that injury at Reading, and they managed to sneak the league. Since then they've gone from strength to strength on the pitch, and the corporates are back as well as the demand for tickets from the fans. Things are much more stable now. Hicks may similarly gamble like the Glazers, but I doubt even with Rafa's guile we will see a similar outcome.

That shows how perilously close Manure were.