Newcastle- A Leeds waiting to happen

[Guest bluehouse]

The have a staggering debt of over 70%, yet still manage to outspend us. Again they are being linked to spending heavily on strikers. This is a club with all the wrong priorities. Weak defence and midfield will see them contend at best a UEFA league place, regardless of the amount they spend on strikers.

[Guest bluehouse]

70% or £70m?

 

70% loan to value.

[floyd]

Don't they have Enron's accountants??

[R A Softlad]

Don't you'll get Dave G started...

[Rimbeux]

52K every week gets you a lot of mortgage extension, as does an ex chairman who's prepared to sell shares back to the club, and them loan them the money back.

[madaboutlfc]

much of it is related to the stadium and is long term