przhelp
przhelp t1_iup7mbd wrote
Reply to comment by mnelso1989 in [OC] How does Man United ⚽️ make money? by giteam
Yeah but not always, throw in maintenance and management fees and all that and it gets a lot closer to break even.
przhelp t1_iuoe8ju wrote
Reply to comment by iamamuttonhead in [OC] How does Man United ⚽️ make money? by giteam
The money they're losing is just debt service on the privilege of owning an appreciating asset.
It's like if I buy a house to rent out. I take a mortgage for 300k, I pay whatever that is, like 2k/month on the mortgage. Let's say I rent it for 1.8k, I can say I'm "losing" 200 dollars a month.
But I know people are going to want homes so I'm willing to take that loss because in the future I can sell it for more.
There are only so many Premier League clubs, so it's always going to have value and that value is always going to go up so long as there are billionaires that need places to put their money and egos to stoke.
przhelp t1_iz7u443 wrote
Reply to comment by GS_TT in PsBattle: telescopic bucket cranes with electrical techs repairing several lines by MuvyTikit
that thing is definitely going to kill multiple humans when the AI takes over