
Originally Posted by
Killerbee
1) Manchester United isn't in debt because of bad financial policies. They're in technical debt because once they got bought by Glazer, the amount that Glazer paid is made into debt for the club and not for the owner.
2) You make a lot of wrong assumptions about Barcelona. Seating means nothing as stadium income isn't generated from the amount of seats you have. A ticket costs almost nothing. Income from the stadium is generated from business seats and sponsors.
Barcelona also built up a bad financial situation because of the fact that up until a few years ago they never had a shirt sponsor. This is years upon years of missing many millions of income.
Putting aside things such as Barcelona's top noth youth facilities, you also need to keep in mind that over the last years, Barcelona have had the number one highest salaries of ANY sports club in the world. They lost that spot this year to 3 other sports clubs: Manchester City, LA Dodgers (Baseball) and Real Madrid.
3) Debt is not particularly interesting. The revenue and being able to make profit or pay off the interest on your debts defines wether you can be considered a healthy club or not. The lesser clubs in Spain have issues with this and are in giant debt. That's the reason why that competition is really unhealthy, though it also has to do with the fact that Real and Barca get pretty much all of the broadcasting funds. But that's another story altogether.