PIK loan to be paid off

Ahead of today's quarterly results a Glazer spokesman announced that they would be paying the £222 million loan off next week. As yet we are no nearer knowing where the money is going to come from, they have said it won't come out of the club, or why they are doing now. As transparent as fuck as usual.
MUST demand that the gimps come clean and tell all United fans what their real intentions are. We can only hope something leaks out because unless we are in the process of being taken over i can't see that happening. I have seen the rumours of Qatari money, i hope to fuck that is bullshit, to me being taken over by people who disdain democracy and human rights would be no improvement on our current owners, whatever the financial improvement in our situation.
David Bond of the BBC argues that this good news for United fans even if we don't know how they have got the money to repay the loan. How can you argue hold any kind of opinion when you don't know the facts.

Rio Ferdinand thinks England have to become more like United. I'm not sure you can replicate club spirit at international level, though Spain got near it in the summer. As he says the crux of the matter is having a winning mentality, but there is only one way to get that, and England still look miles away from that.
I don't think anybody would sing " we all agree United are better than England " with much conviction anymore but Rob Kelly compares the two set ups.

Richie De Laet is to go to Preston on loan after his reasoable period at Sheffield United. It sounds like an SOS has gone out from Ferguson Jr. They are in trouble and his job must be on the line. Gerrard Houllier hits us hard again this time with the news that there would be no point in taking Michael Owen to the club. , I could never see that happening, lets face it, no one will take him of our hands.

Laurent Blanc is critical of young French footballers who sign lucrative contracts with top premier league clubs to get stuck in the youth and reserve teams. It's hard to disagree, it's not the best thing for their careers or for French football. Hs he got certain players in mind, i read at the weekend that Kakuta is not totally happy with his position at Chelski.

Phil Neville admits that his Everton team could not rough up Arsenal on Sunday and thinks that is where they have improved. I'm not holding my breath, they have beaten at home by West Brom and Newcastle and they have yet to face us or the rent boys. Admittedly the way both us and Chelsea are playing this year thay must feel that they really have a chance against us this year. You wouldn't put it past them to fuck up though when they couldn't beat the two aforementioned teams at home.

Paul Wilson wonders where now for international rugby league in the northern hempishere. Great game between the aussies and the kiwis at the weekend, always nice to see the Aussies get beat. I have no idea what the answer is, though i have always thought there are far too many average Australsian players in the British game. Against that if we had restrctions would be left with enough good players to keep the level of competition up to its present level. I would like to think if the resources were there and the coaching was good enough it would be. If it were tried and it succeeded it would at least improve the quantity of players competing for inetrnational honours.

Vic Marks thinks that England's pace attack will be able to cope with the kookaburra, it's to be hoped so are they will be leaving Australia without the ahses as Swann won't be able to win it on his own. Shane Warne isn't worried about Australia's selectors, the selction of a 17 man squad was clever thinking. I think it's fair to say that this was not a universal opinion.

The Irish economic black hole is fast becoming a European problem writes Peter Hoskin and there are no easy solutions. The Telegraph speculate that Portugal is now entering serious budgetary problems and that the Greeks are saying their problems are worse than previously thought.
Robert Peston asks are we moving back to a 2008 point where financial difficulties are about to rage out of control again. It could be that serious if this Eurozone crisis gets out of hand.

The Indy's Irish correspondent David McKittrick argues that the celtic tiger isn't working and has become the sick man of Europe. The present crisis is allowing Germany to shape the future of the Eurozone at the expense of the peripheral nations who if they do have to be bailed out will be bailed out on German terms, claims Larry Elliott. He also wonders whether the Irish debacle will provide Osborne with an Opportunity. I would have thought this country needs is to have the leeches who helped contribute to their mess move over here. They are all natural tories though, i suppose.
The New Statesman reminds Osborne of yet another hostage to fortune that he once made, citing Ireland as shining example of long term economic policymaking, oh deary dear, Cameron and Osborne have made their fair share of remarks that may well come back to haunt them.

I have just finished Francis Wheen's biography of Karl Marx and have to say it was excellent, it's amazing how obscure he was, whilst living in this country, when he was so infamous in the rest of Europe.


Some classical for a change