Manchester United wins the Europa League and may lose 700 million pounds? The limit reversal of the "debt-style championship competition"!

What does it mean that people win and money are gone?

What does it mean that the harder you work, the faster you die?

Do you think the worst thing about Manchester United this season is the 16th place in the Premier League? Is the Champions League qualification suspended? No, the real magical plot is that they may lose 700 million pounds because of winning!

Yes, you read that right. Winning the Europa League and entering the Champions League may trigger a "devil debt clause" that will allow creditors to knock on the door to collect debts. The debt risk of a full £700 million pounds hangs over Old Trafford like a time bomb.

Winning ≠making money, Manchester United has played a big game this time!

Let's first say the conclusion: If Manchester United wins the Europa League and successfully advance to the Champions League, they may theoretically have to pay off their loan of 725 million pounds immediately.

Reason? There is a counterintuitive "EBITDA threshold clause" in the debt contract: If Manchester United enters the Champions League, but the profit (not counting as loss subsidies) in the past 12 months is less than £65 million, creditors can ask them to repay their debts in advance!

In vernacular: You can't be both poor and awesome. You either make a lot or don't make it to the Champions League. Otherwise, I'm sorry, please get the money.

It doesn't matter if you don't have money; if you don't have money, you have to show off, that won't work.

The most ironic thing is that Manchester United's financial report has been a mess over the years - it has lost 370 million pounds in five years, and in the past, it even relied on the compensation for firing the head coach to "make up profits." Yes, losing money and firing a coach can also be considered income. Doesn’t it sound like a financial genius?

This season is even more magical - the ball is bad, the debt is heavy, and the cost is balanced by buying and selling players. Now, if the Europa League wins and enters the Champions League, it may be "successfully backfired".

This is not a joke, this is reality.

Manchester United's financial design itself is a high-risk operation. While using fancy accounting to make EBITDA higher, it relies on debt to operate.

Unfortunately, no one bought jerseys when the ball was kicked, sponsorship declined, and broadcast share shrank. If the financial report was too false, this win may directly push them to the brink of default.

So this Europa League is not just a championship, but a "fight for life"!

The last sentence is given to Manchester United and their fans:

You can not be successful, but you can't be successful.

Win the ball, lose the bank,

This is the real "Old Trafford tragedy script".