Crippling Debts and Big Freeze

The cold wave and the big freeze in many parts of Europe and a resultant postponement of games couldn't be the best way to start the new year. But what agony when you see United losing ground in the league and getting beaten by Leeds. Shambolic and dismal performances!! There seems to be clear lack of depth in that striking department. Rooney alone won't be able to help United get goals, they are missing the link up play the pace and trickery that could leave defenses dry. They need to get a good striker upfront and thats for real.

Safe to say they are still 1 point better than last year and this years league has been rather funny. The top teams have all lost matches and I would reckon Arsene Wenger has a strong point that you could still win the title despite loosing 5-7 games. Anfield is probably witnessing their worst league in years and I surelly think they won't be able to notch up a top 4 finish. Rafa should do the decent thing of leaving the club. The mediocrity that they have on field barring a certain Stevie G and Torres I really doubt they will Champions League football the coming season.

Talking about crippling debts there is a growing concern on owners who have been buying into PL clubs, Man utd has just declared a profit largely due to the sale of C.Ronaldo for a whopping 80 Million pounds. Fact remains the Glazers has turned the biggest brand in sports industry to a high interest paying, debt ridden outfit to the extent of 760 million. The millions they have borrowed in hedge funds has crippling effects. What is interesting is the club has been milked every way possible by the owners and this could still continue. I bet the red half will be vehemently staring at City's riches and the fact that their 84 million pound loss this year was simply written off by Sheikh Mansour their billionaire owner and ruler of Abu Dhabi.

The growing debt issue and leveraged buy outs of clubs in the English premier league is a concern that needs to be sorted. Certainly over the years the money infused brought us success stories of clubs like Chelsea and off late Man City will get there, in the long run if clubs followed an organic growth pattern like Aston Villa, the fans who pay big price would have been least affected. Lets hope one of these top clubs don't loose out and lop side into the abyss like Leeds United.