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man utd even in debt back then


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Was having a chat football chat about with my mate today and man utd popped up. I could'nt rememeber their name before they became man utd so i checked it up on wilipedia this is what i found............In January 1902, with debts of £2,670 – equivalent to about £210,000 as of 2010[10] – the club was declared bankrupt.[11] After seeking new investment, four local businessmen, found by captain Harry Stafford, invested £500 each in return for a direct interest in running the club,[12] and it was decided that the club should change its name; on 26 April 1902, Manchester United officially came into existence.[12]

maybe there goin to go full circle and go bankrupt again lol

chelseafc one name.one club,one ground.

and manchester untied are only 3 years older then us. youd think they where around for ever the way they go on.

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The club was formed in 1878 as Newton Heath LYR F.C., the works team of the Lancashire and Yorkshire Railway depot at Newton Heath. In 1892, they joined The Football League and became independent of the rail company, dropping the "LYR" from their name. - Wiki

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