What concerns me about the Ratcliffe bid is the amount of borrowing and debt required to be accumulated before a penny has been spent on players, stadium and infrastructure improvement. And this idea all of that debt from our perspective will magically disappear from our radar and immediately be someone else's problem cannot possibly be true.
They didn't even clear up Nice's debts that are a tiny fraction of ours. Nice are making those repayments still from their own revenue. Yet the expectation is of an "it's on us, lads" settlement when it comes to billions of pounds and associated interest repayments? Again, who can possibly believe that's true?
He's just seen the Glazer potentially make $4-5bn in profit in fifteen years from us and yet we're supposed to be convinced that he is doing this as a legacy project and can't possibly see money to be made from us. Based on seemingly nothing other than if you squint he looks a bit like Richard Branson and the fact he's a lifelong Chelsea...er... Man United fan.
Too much doesn't fit. It's not to say it's a bad deal. But this really isn't the deal people have convinced themselves it's going to be
this thread is hilarious actually
