[nik-]

That 600 million euro number is total liabilities though, which includes player salaries, not necessarily straight debt. Their straight bank debt is down to less than 100 million Euro and it's dropping in large increments yearly. Over 20% this year. Their revenues are at an all time high and their Debt (being total liabilities, not even bank debt) to Value ratio is like 16%. Which would be on the low side for an NHL team. The Flames have an amazing value to debt ratio and are at 8%, which will obviously go way up shortly.