The debt is not really relevant to this discussion.
If I own a house worth 100k and don't have a mortgage and the fella next door owns an equivalent house but has a mortgage for 95k, it doesn't mean one iota of difference to the houses. It just means I get more than the other owner when I sell, we still own homes worth the same amount.
It shows how far behind we have slipped that there worth 1 billion more than us, hopefully FSG can start bridging that gap, trophy wins should help.