I SASPACT OWLED PADDAY AS YANG EROL FLANN. ALREET EROL­ ME OWLED PAL WAT ABOOT YE SAN. A SEE YAR STIL A­ CAMPLETE NATCAS.

Oh and by the way, you know how they paid off the debt­ the last time Perez’s was president and the had­ 250million of debt? By selling off the club’s training­ ground for £298m to the city council. Good job mate,­ sound business model. cause you know, anytime you want­ more funds just sell the training ground again - oh no­ wait, we dont have one, damn, out debt is rising again­ - for the last few year and now stands at 500million­ euros.
Good thing is though, this time, he managed to­ secure a credit line with Catalan bank, La Caixa.­ Against the backdrop of mounting bad loans for Spanish­ banks and limited access to credit for businesses, one­ has to marvel that Real Madrid has sponsors lining up­ to facilitate their transfer orgy in th shape of banks­ with liquidity problems who cant give out mortgages,­ yet can dish out money to perez the diddy cause he­ knows theyre not really allowed to ask for it­ back.

maybe he'll build another training ground­ and sell that one....

The simple matter for you mate is to stop living in the­ past and start looking at what is happening just now.­ Im not making this up, this is all true (i even­ 'promise' - look it up for yourself) The­ Spanish savings bank Caja Madrid admitted that it has­ agreed to give Real Madrid a €76m (£64m) loan to be­ secured on two unnamed sources of collateral. Madrid­ are also understood to have a similar deal in place­ with Banco Santander. Real have spent in excess of­ €160m to bring Cristiano Ronaldo from Manchester United­ and Kaka from Milan. Ok? FACT. good. Caja Madrid's­ board of directors approved the loan on Monday. A­ source at the bank, which is the fourth-biggest in­ Spain, added that a similar deal had been approved by­ Santander, the bank that extended a credit line to the­ previous president, Ramón Calderón, as he tried to sign­ Ronaldo last summer. Santander itself has not­ commented.
and heres the good bit mate - Despite the­ announcement, however, Real are seeking to prevent the­ fees they are forced to pay from spiralling out of­ control and Caja Madrid refused to reveal what the­ money would be used for. this is because they have­ pressure put on them not to disclose the details of­ what madrid owe them and also to not push to get the­ money back. See, the old dude in charge Calderón­ insisted that he had left the club with €91m in its­ coffers. Added to the two loans, that would give Madrid­ a total of €243m and Florentino Pérez, the new­ president at Real, is also believed to have the backing­ of the Catalan savings bank La Caixa, which provided­ the formal €57m deposit-guarantee he needed to stand­ for the presidency. According to one recent report,­ however, Madrid's debt is an estimated €500m and­ they are determined to raise money by offloading­ players this summer.

He made up his mind that he wants to leave. It's­ Real Madrid or unemployed.

Fast.. the last time you heard? Oh really? The last­ time YOU HEARD? I see. That sounds really reliable.­ Have you checked Forbes lately? Yes, the world famous­ Forbes stated that in 2007 alone, Real Madrid had­ revenues of around 400 million euros and debts of 272­ million which they paid that year. £500 million?­ You're having a laugh. We're not Manchester­ United with their 800 plus million euros in debt. I do­ know what I'm talking about as a matter of fact,­ I've been reading detailed news of Real Madrid for­ the last decade, unlike most fans here talking garbage­ on how Madrid will go bankrupt. We're not Chelsea,­ we know how to handle our finances. And what garbage­ are people talking about stating that Madrid will never­ be forced to pay out loans? What are your sources?­ That's right, none. No reliable sources whatsoever­ have stated that. Do you actually think a country will­ go to that extent to help out a sport club? Really? You­ don't think they have other issues to take care of?­ You honestly think with the recession going on, the­ banks would loan out hundreds of millions of euros to­ Real Madrid? You obviously know nothing about finances­ and economics. That will NEVER happen. If the­ government really are on Madrid's side then why did­ they go bankrupt on a number of occasions, most­ recently in the 90's. You don't know that­ don't you. Stick with your Premier League news and­ leave the experts to those that follow the Spanish­ league like myself.

Fast.. the last time you heard? Oh really? The last­ time YOU HEARD? I see. That sounds really reliable.­ Have you checked Forbes lately? Yes, the world famous­ Forbes stated that in 2007 alone, Real Madrid had­ revenues of around 400 million euros and debts of 272­ million which they paid that year. £500 million?­ You're having a laugh. We're not Manchester­ United with their 800 plus million euros in debt. I do­ know what I'm talking about as a matter of fact,­ I've been reading detailed news of Real Madrid for­ the last decade, unlike most fans here talking garbage­ on how Madrid will go bankrupt. We're not Chelsea,­ we know how to handle our finances. And what garbage­ are people talking about stating that Madrid will never­ be forced to pay out loans? What are your sources?­ That's right, none. No reliable sources whatsoever­ have stated that. Do you actually think a country will­ go to that extent to help out a sport club? Really? You­ don't think they have other issues to take care of?­ You honestly think with the recession going on, the­ banks would loan out hundreds of millions of euros to­ Real Madrid? You obviously know nothing about finances­ and economics. That will NEVER happen. If the­ government really are on Madrid's side then why did­ they go bankrupt on a number of occasions, most­ recently in the 90's. You don't know that­ don't you. Stick with your Premier League news and­ leave the experts to those that follow the Spanish­ league like myself.

Fast.. the last time you heard? Oh really? The last­ time YOU HEARD? I see. That sounds really reliable.­ Have you checked Forbes lately? Yes, the world famous­ Forbes stated that in 2007 alone, Real Madrid had­ revenues of around 400 million euros and debts of 272­ million which they paid that year. £500 million?­ You're having a laugh. We're not Manchester­ United with their 800 plus million euros in debt. I do­ know what I'm talking about as a matter of fact,­ I've been reading detailed news of Real Madrid for­ the last decade, unlike most fans here talking garbage­ on how Madrid will go bankrupt. We're not Chelsea,­ we know how to handle our finances. And what garbage­ are people talking about stating that Madrid will never­ be forced to pay out loans? What are your sources?­ That's right, none. No reliable sources whatsoever­ have stated that. Do you actually think a country will­ go to that extent to help out a sport club? Really? You­ don't think they have other issues to take care of?­ You honestly think with the recession going on, the­ banks would loan out hundreds of millions of euros to­ Real Madrid? You obviously know nothing about finances­ and economics. That will NEVER happen. If the­ government really are on Madrid's side then why did­ they go bankrupt on a number of occasions, most­ recently in the 90's. You don't know that­ don't you. Stick with your Premier League news and­ leave the experts to those that follow the Spanish­ league like myself.

so many "airheads" posting here.!!! Just­ look what Man.U. and Chelsea did to the english­ football.Spending 100's of millions for foreign­ players and who can keep up with them ????­ Arsenal,Liverpool??? Same as in Spain,-- Real­ ,fallowing Barca and three more clubs and nothing­ more. The same was happened in Italy 10-15 years ago ­ and now Juve--Roma-Lazio is playing half empty­ stadium.......and one simple question,Why the Arsenal­ playing in the English liga when many years did not­ had one english player ?? Now the have one--Wilcot­ ??????

indonoob, you talk as if you know so much better than­ everyone else then make the most stupid statement of­ all!
Of COURSE Real are in debt, they have more debt­ than anyone else!! (£500million last time i heard) so­ get your facts straight before you start spouting off­ at people with illegitimate arguments.

the reason, and­ the ONLY reason Real get away with it is because they­ are set up as, effectively, a non-profit social trust.­ This means they do not need to generate £30 million a­ year just to service their debt (like­ United).

Whatever debt they hold (and detail here is­ murky) is with local banks, many of whom are under­ political and social pressure not to tighten the­ screws. Real are too big and too important for spain as­ a country to fail or to come under the kind of debt­ pressures that affect traditional clubs. (just like the­ millenium dome in London, remember when that was­ getting built? it was too important to the stupid­ MP's as a showcase of Britain entering into the­ 20th centrury and they would not allow it to fail­ despite costing a disgusting amount of money) The­ club's social, political and economic significance­ dwarfs that of any other club in the world, with the­ possible exception of Barcelona. In that sense, they­ play by a different set of rules.

In other words,­ unlike almost any other operation in the world (with­ the possible exceptions of their rival Barcelona and­ the United States government), Real can keep on­ spending almost forever, knowing that their debts will­ never be called in. It really does give a whole new­ meaning to "too big to fail."

hey adebayour u are dirty @#$% asss ahahhah a

All of you are idiots. It's fun to see almost every­ member in this topic act like some financial experts.­ Madrid is the richest club in the world, have you­ thought of that? They make 300 million euros a year and­ so far they've spent around 200. They have the­ biggest TV deal in the world, highest average­ attendance in Europe and are not in debt. How could­ they go bankrupt. Most of you are newbie fans that­ started watching football in the last few years.­ I've been watching for over a decade. Madrid will­ NOT go bankrupt. Watch our revenue go higher and higher­ each year. Don't hate on a club because of the fact­ that the billionaires that own your club brought debts­ with them.

man u fans are the ugliest fans in the world god i­ fking hate ya

PADDAY SAN YAR NAE A REEL BLAICK UR YA???

RDARBY; HAWS YA DAIN SAN AHV ASKAD MA DACTAR BOOT YAR­ EELNAS OND HEES SAYAN THOT YAR ANCURABLE. SA THORS­ NAHING ONYBADY CUN DAE FAR YAS SAN

PADDAY SAN YAR TAWKAN SAM PEEEESH

GOOD NIGHT MA FRENS...REMEMBA DAT DA DEVIL IZ EVAREE­ WAYA

Shayodriscoll-- have not heard any real United fans­ criticise Madrid for buying what's available. Its a­ capitalist world brother, money rules and football is­ not exempt from the laws of the market. Real havea­ bottom plot courtesy of their connections with the­ Spanish Royal Family and the Francoista's who still­ have a political party in Spain and they will keep­ spending until the banks start calling in the loans.­ However buyuing uop all the talent available and­ playing most of it in rhe reserves won't keep the­ new galacticos happy.

Gettiong back to football. Sky News say United are­ interested in Michael Owen. What do genuine Reds think­ and I mean Manchester Reds not Liverscum.