The problem Man Utd. is that they need to raise capital by the end of the year - the Chairman has explicitly stated this will happen - they need the money. But for the cap raising to be a success they need some sort of upward swing in their sales within the next 2 qtrs. Problem is...and don't know if you listened to todays' teleconference... the Chairman would not state confidence that sales would be forthcoming in that timeframe.
