Upton_Blade
Well-Known Member
- Joined
- Apr 21, 2016
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Well whatever debt theyre in clearly they're doing better than our idiot owners...
Erm I'd love to see your reasoning behind that statement outside of the superficial stuff.
Let's just look at the facts shall we? When they bought Burnley the club was approx £45m in the black. They then bought the club and loaded the price of the transaction on the club via a, now outlawed, leveraged buy out meaning Burnley went from being £45m in the black to £135m in the red almost overnight.
It may look like they are better off financially than us at present but if they don't go straight back up this year, and subsequently lose their parachute payments, like we have this year then they are absolutely fucked.
But yeah they've signed Anel so they must be so much better off than we are
