There is a question that has been bothering many fans, and there are many investors in English football, the largest debt after the bankruptcy of the white-clad Leeds United was only more than 80 million pounds, and Portsmouth was slightly better at 75 million euros, put it on Southampton a few years later, but it was just a few account books, why is it the same debt, Manchester United and Arsenal with five or six hundred million seven or eight billion on their backs, but Pompey's army and Leeds United were choked to death?

Well, to get this straight, Hydward had to translate the difficult financial language into something that people could understand, and for that he had to drop a few keyboards.

After thinking about it, it is not difficult to explain this problem clearly, just remember the following principles, first, if the club loses money, can it be used to fill the hole with previous or future surpluses, if it can be filled, it will be fine, and if it can't be filled, it will be borrowed. Second, it depends on whether the debt is a short-term debt or a long-term debt, whether there is interest or no interest, and whether the interest rate is high or low.

Interest-free long-term loans, those who can swallow debts at critical moments are the big guys, which are not expected to be repaid at all, such as Mansour; Abu, a boy who scatters wealth; Low-interest long-term loans, which are not in a hurry to repay, plan to invest in sustainable clubs for a long time, such as the mathematical financial genius Liverpool owner John Brown. Henry; Manchester United, the Glazer family, and so on (most English clubs have such owners); Both of the above are fine, you can live a nourishing life if you owe 18 billion, and most of the debts of more than 3 billion in the Premier League and the Championship come from such clubs.

The third type of short-term high-interest loan, Leeds United's youth team reached the last four of the Champions League in record time at the turn of the century, and the team with an average age of only 22 can still be named: Leo Ferdinand, Paul Robinson, Harry Colwill, Alan Smith, Mark Viduka, Lee Bowyer, Jonathan Woodgate, James Milner, Robbie Keane, Aaron Lennon, Oliver Darcourt, Fabian Delph...... Leeds United President Lizdale was swept away by a temporary victory, in order to realize the dream of becoming an overnight giant, Mr. President, just like the lottery players in the past, chose to borrow money to invest and a series of death modes, although it also attracted Liverpool star Robbie. There are many big names including Fowler, but Leeds United only lost the Champions League in fifth place in the following season! The TV broadcast and sponsorship income did not meet expectations, and the money and interest owed by waking up from a spring and autumn dream should be repaid, selling players; Selling Pitches; Sell everything you can. Although the situation in Portsmouth is different, the general situation is the same, but the Pompeo army does not borrow many short-term loan sharks, and through asset restructuring to pay off this part of the hot votes, the remaining long-term loans Hydward can be slowly repaid with his own diligent hands, and a few household registration books are not a problem!

A lot of things just look good, trophies; The Champions League is the dream of countless teams, but if you win the European championship, is it a giant? Nottingham Forest's decorated manager, Peter Forest. After winning the European Championship, Clough said: "We proved that Rome can be built in a day!" "But was Rome really built in one day? The Forest team is still in the Championship to this day.

Lord Ferguson, who has witnessed the rise and fall of English football for more than 20 years, said: "Money makes you rise, money makes you ruin!" "He and the former owner Martin. Edwards once set an iron rule for the Red Devils that clubs should not spend more than 50% of their revenues on wages, a percentage that is a bloody lesson learned by professional sports leagues such as the NBA and NFL, and is also the best "safety line" for European football clubs to maintain operations. Of course, the mythical beast "Sandezi" didn't take this bullshit iron law seriously, so he succeeded David. Jill then pulled the line to a horrific 114% to give players a salary increase, and it takes a top salary to attract top stars! Didn't you see Chelsea and Manchester City all going up? Whatever the successor of the lord does, Van Gaal squandered the more than 200 million yuan of debt repayment money that Ferguson had saved hard to repay the debt in a month, have you seen Sandezi take care of it? There's nothing that can't be solved by pulling a sponsorship, and if it can't be solved, then it's pulling a piece!

Finally, let's talk about a team that is different from all of the above – Arsenal, the management of this team can't help the club too well, whether it's good or bad, but Arsenal has a good coach, Arsène. Arsene Wenger, a pure Arsenal man.

In England, the first three situations above are that the club keeps losing money and sucking the blood of the owner, have you ever seen the club make money and be sucked by the owner?

Perhaps many Arsenal fans have forgotten that when Clark bought Arsenal, he said: "If it's just to win the championship, I won't buy Arsenal........." This brother also said something similar: There are fans who go to London to make helicopters to watch Arsenal games, and the commercial value behind this excites me, this kind of bastard. The meaning behind the boss is self-evident, Lao Tzu is just to make money! In the American boss, the Glazer family's promise of Ferguson's package is being fulfilled one by one. Henry paid off Liverpool's debts for more than 100 million, what did Clark do? Arsene Wenger is still thinking hard about the Emirates Stadium, thinking carefully about what the old Frenchman has been doing during the transfer period every year.

Arsene Wenger said this when he played against Barcelona in the Champions League: "When Arsenal had nothing, I worked hard to build this club. If you compare the difference between Arsenal now and when I took over, you can see that the club has come a long way, without any help, without any money. I am now more enthusiastic and motivated, but also under more pressure and responsibility than I was when I first arrived at Arsenal 20 years ago. I believe that selfless dedication and dedication are the most important things.

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Many companies from football-desert countries choose to join the melting pot of English football, not knowing what kind of opponent it will have. The League of England has the deepest vice-president of the city government and the most idiotic chairman in more than two decades, and they have completely subverted the stereotype of pedantic English officials.

Former FA boss Trysman said: "I think we're in a much more dangerous situation right now, and it's not that the amount of debt is huge, it's that these people who are in debt are used to being in this kind of debt environment. Your fate is not in your hands. After he said this, fate was really not in his hands, and the next day the league's vice president Scudmore warned the media not to always want to make big news, the FA still has hundreds of millions of debts, am I not running it well? What's even more embarrassing is that after England's financial statements for the season, a total of 10 Premier League clubs have made a profit, and debt has been further contained.

The devil knows how Scudmore did it, and maybe he could earn it; Being able to spend and be willing to dedicate is the key to his tightrope to maintain his balance.

A few months later, Trisman was ousted after being found to be keeping a mistress, and the FA was replaced by David, who has a good relationship with the league. Burns, who can say whether there is an alliance behind this.

Of course, all this has nothing to do with Hydeward, the only thing he has to do now is to prepare well for the game against Sunderland, and then accompany his mother-in-law to be comfortable, and so far it has worked well.