[reddwarf]

with Liverpool, Chelsea and Manchester United believed to account for a third of that £3bn debt.

I wonder where they get their figures from. I was watching NW Tonight last night and they were saying that, according to Deloitte, the approximate debt figures are...

United - £750m
Chelsea - £730m
Liverpool - £300m
Arsenal - £200m

(They did give more precise figures but I can not remember them)

...so that's close to £2billion for just those 4 clubs.

However, Chelsea's is a 'soft debt' because it is owed to the owner, Roman Abramovich, and not a bank or other loan company.

 

[reddwarf]

the arses debt due to the emirates?
**looks for thread that wenger says clubs in debt should be banned from CL***

Yeah, it is.

If Liverpool already owe £300m and they have had to put their stadium plans on hold because of the credit crunch you have to wonder how much debt they will be in once the stadium has been built.