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Chengdu

October 6 2010 at 4:57 PM
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Response to Re: Figures

I've no idea either but interesting to know.

I've always, perhaps rather cynically, assumed that the Chengdu link was to provide McCabe a foothold in China for his property empire. Whilst I don't pretend to understand the Chinese property market I do not see the direct link (or any link) as to how it benefits United other than McCabe's level of wealth/prospects to invest.

It won't be in merchendising.
I can't imagine the prize money is any good.
TV rights can't be anything special
They certainly aren't a feeder club...(Let's not talk about the match fixing scandal over there)

I may be mistaken, but didn't we plough £2 million into Chengdu last year? For a club £48 million in debt (probably considerably less now), it doesn't make any sense to me.

McCabe may have been the best chairman in my memory but that's perhaps only because the rest of them are wanted by Interpol or other criminal agencies! Ok I exaggerate slightly.....and I think overall he's done ok (apart from Robson, which I agreed with at the time).

I'm not asking McCabe to plough money in or risk money on players and wages we can't afford but I can't help but think that the Chengdu/Feranvacos/Hotel/Central Coast Marriners stuff is not in the FOOTBALL clubs best interest.

I'm interested as to what everyone else thinks about this.

 
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