MC_ScattCatt t1_jeet1nu wrote
Reply to comment by Elmodipus in Breaking: Premier League clubs agree new rules that can see owners/directors disqualified for “human rights abuses, based on Global Human Rights Sanctions Regulations 2020” by dragon8811
Basically the club is self sufficient, but they have taken money that could have been used for players, stadium, staff, etc. for themselves or pay off the debt they put on the club. Now, because they’ve put it off when we need either a new stadium, or massive rebuild, and upgrades to training facilities we can’t afford it with the Glazers as owners. The debt they put on the club is becoming too much in part because of interest rates and other factors like salaries of players.
We are reaching a point where the club despite it being a money making brand can’t keep up with the debts the glazers put on the club, let alone get new players or upgrade facilities. The way they took ownership of the club is no longer allowed in the UK.
Imagine Raymond James being a dump and you can’t afford to fix it or the practice facility or get new talent because your owner rather take his money than be a good team.
Elmodipus t1_jeeykq7 wrote
Yeah that's fucked.
We've had the complete opposite experience, stadium upgrades, new practice facility (built in 2014/2015), marquee player signings, etc.
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