Football Clubs Better Placed than Government

Paul Waugh tweeted from the PM’s press conference this morning

“I can’t type for laughing. Gordon is attacking football clubs for jacking up debts beyond their income.”

So Guido thought a bit of evidence based blogging in order:

Manchester United, the red team led by Alex Ferguson, a Labour supporting Scot, is having a difficult time yet managed to sell off an asset (Ronaldo) and show a profit of £78 million on revenue of £278 million.

This disunited government, a red team managed by Gordon Brown, a Labour Party leading Scot, failed to cut expenditure and as a result has a deficit of some £180 billion on tax revenues of £465 billion.

It just isn’t funny.  Gordon is in no position to lecture the football clubs on financial management.


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