Manchester United Message Board

"Why should [foolballer's name] be allowed to use complex offshore tax avoidance ...

"Why should [foolballer's name] be allowed to use complex offshore tax avoidance arrangements (intricate offshore tax plans, nondom-ing, and creative tax accounting) to minimise their liability to the exchequer?"

Choose your favourite footballer - Gerrard, Torres? Now wha't your opinion?

I'm trying to show you that your stance on 'tax avoiders' is from an ABU viewp...

I'm trying to show you that your stance on 'tax avoiders' is from an ABU viewpoint and that what you are complaining about is typical of others, including Liverpool footballers.

If you are too thick to understand that then OK.

And you think you have wit? It may come as a surprise to you, but you don't, not one ounce of it.

Just shows how little you understood the programme. The Glazers have debts of 1.1 billion,...

Just shows how little you understood the programme. The Glazers have debts of 1.1 billion, NOT United, although we know you wished it. United will just carry on doing what they always do, win trophies. We know you're jealous.

My argument is not based on an economic recovery, indeed i suspect the US will follow Euro...

My argument is not based on an economic recovery, indeed i suspect the US will follow Europe and the UK in 12 months time battling with a dreadful 'deficit and debt' problem. However the US continues ( very unfairly in my view) to enjoy the advantages of the Dollar continuing to be the 'investment of last resort' along with Gold. So the US will continue to finance its external debt cheaply and this will be refected internally in commersial interest rates.
As I said if you desperate for the £70k you would sell today. But if you could earn a revenue stream from the property that met the cost of debts you could hold the asset and wait it out. or take advantage of better financing if rates fell, etc. Multiply these options many times when talking about commercial property and many times more about corporations.
Glazers have a gearing overall of 30-50% , its fine, better than a lot. Their annual cashflow is almost equal to the size of their capital debt, so its many times in excess of the interest. I think a lot of companies would like to be in that position.

jim, I am not 'sounding so very silly' now am I? You have gone awfully quiet all...

jim, I am not 'sounding so very silly' now am I?

You have gone awfully quiet all of a sudden.

Jeez, I wonder why that is.