If your a Liverpool fan, or just interested in football

[scouserlad13 0]

http://www.liverpoolecho.co.uk/liverpool-n...252-23797887/2/

 

Turns out those W****** who own us have put the club in debt by more than £359 million. Makes you wonder if the new stadium will be put on hold.

[Dagger 21]

Seems EVERY club is in debt...ALL CLUBS IN DEBT makes for an interesting read.

[Lexx_Luthor 57]

There is no other way. The monetary system is designed to exponentially increase both .gov and private debt, and it can't do that forever.

 

If you like, google "exter pyramid" or "exter's pyramid" and bone up on John Exter; an old timer central banker who devised an interesting inverted pyramid model of monetary equivalents.

 

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The majority of the loss was down to interest being paid on the £350m refinancing loan it took out with Royal Bank of Scotland and Wachovia last January.

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[+FLOGGER23 3,064]

Seems EVERY club is in debt...ALL CLUBS IN DEBT makes for an interesting read.

 

 

Not if you are from FC Barcelona, They will have their arks full........

 

Sorry...... i couldn't resist...