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The Manchester United Thread X

was reading about the finances of various clubs. I would say we are one of the strongest financially now, if not the most (haven't looked into Bayern). our revenue is practically equal to that of Madrid/Barcelona and next year the tv money is increasing.
A lot has been said about the glaziers, but although they may have held us back somewhat in terms of spending, they have increased our revenue and global appeal massively. currently we are making 90million profit a year, with 350 million debt, so that means we could pay off our debt and spend 20 million a year on players for 5 years and then from then on spend 50-100 million each summer. we will be practically unstoppable. Barcelona and Madrid have massive debts that are barely serviceable, we are an absolute powerhouse financially and I'm sick of pundits mentioning our debt without really looking into it. there is no club in the world in a better financial position- and that includes arsenal.

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Reply 4901

username129099

15

Original post by Brainiac

it a year, with 350 million debt, so that means we could pay off our debt and spend 20 million a year on players for 5 years and then from then on spend 50-100 million each summer.

We still need to pay interest on that debt every season. I'm pretty sure we aren't left with 90m after paying interest more like 50-60m. Plus we need to spend in the region of £30m most seasons to stay still to maintain those revenue streams let alone kick on. I would think it would be more like 5-10 years before we see a "debt free" United. I wouldn't think there would be huge emphasis on debt reduction once it dips below £150-200m odd, simply because of the cost of keeping such a debt load would be weighted against investment or dividends.

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Reply 4902

Budgie

12

Even with no debt you have to pay your capital - shareholders, especially the Glazers, will want dividends.

Reply 4903

Brainiac

Original post by Budgie

Even with no debt you have to pay your capital - shareholders, especially the Glazers, will want dividends.

And so do most other clubs, we still have the strongest revenue and we will be debt free soon enough. Also the 90million profit each year is after interest payments have been paid.

Reply 4904

poiuytrewq54321

1

Well Ronaldo isn't coming to United, since his confirmed that he wants to sign another contract with Real Madrid.

http://www.goal.com/en-gb/news/2892/transfer-zone/2013/06/08/4034291/cristiano-ronaldo-confident-of-new-real-madrid-deal?ICID=HP_BN_5

Reply 4905

SirMasterKey

18

Original post by poiuytrewq54321

Well Ronaldo isn't coming to United, since his confirmed that he wants to sign another contract with Real Madrid.

http://www.goal.com/en-gb/news/2892/transfer-zone/2013/06/08/4034291/cristiano-ronaldo-confident-of-new-real-madrid-deal?ICID=HP_BN_5

Is anyone actually surprised by this?

Reply 4906

poiuytrewq54321

1

Original post by SirMasterKey

Is anyone actually surprised by this?

I don't think so no but I was still hoping there might have been a slight chance

Reply 4907

Tommyjw

18

Why do people accept bad rumours must quicker than good rumours? tis strange.

: “I have not spoken to anyone [at Madrid] but the important thing right now is the national team."

(edited 10 years ago)

Reply 4908

Akkuz

OP

17

Veseli released by United. http://www.manchestereveningnews.co.uk/sport/football/transfer-news/veseli-heads-list-released-manchester-4187499

Reply 4909

Whitechapel

11

don't actually want Rooney to leave now

Reply 4910

Akkuz

OP

17

Nani to decide on future in the next few days. http://www1.skysports.com/football/news/11667/8765080/Transfer-news-Nani-set-to-make-decision-on-Manchester-United-future

Reply 4911

ledleyking123

12

One of the players who can change a game in a sec
Legs hope he stays

Reply 4912

Tommyjw

18

Eight of our U21 final winning team that we put out were English.

How many picked for a chance to prove themselves against the dross in Englands U21?

Not one.

Reply 4913

zKlown

19

Original post by Tommyjw

Eight of our U21 final winning team that we put out were English.

How many picked for a chance to prove themselves against the dross in Englands U21?

Not one.

Oh well, their loss inni

Reply 4914

samiz20891

18

Original post by Tommyjw

Eight of our U21 final winning team that we put out were English.

How many picked for a chance to prove themselves against the dross in Englands U21?

Not one.

It's an opportunity missed for England tbh, I really feel that they tend to pick names and not necessarily players in form. Nice to see Zaha though Tbf.

Reply 4915

Tommyjw

18

Original post by samiz20891

It's an opportunity missed for England tbh, I really feel that they tend to pick names and not necessarily players in form. Nice to see Zaha though Tbf.

Micheal Keane who earned plaudits galore at Liecester is nowhere to be found

It's a bit ridiculous.

Reply 4916

samiz20891

18

Original post by Tommyjw

Micheal Keane who earned plaudits galore at Liecester is nowhere to be found

It's a bit ridiculous.

As a person who follows Leicester and watch their matches, I have to agree that he and Morgan created a fantastic partnership and he was excellent all season tbf. The defence today in the u21 for England was pretty dire too.

Reply 4917

Aky786UK

19

Phil Neville confirms his retirement. I'll say his best performance he gave was when he played in midfield against Arsenal which became known as "Pizzagate", had he stayed he could have fleshed out his career with us but I couldn't have predicted he'd have done well at Everton in the way he has tbh.

Says he'll pursue coaching or media career. He'd do very well at both but seems to move towards the former.

I hope he gets the chance to work at a club away from the media glare, and focuses on reserve team opportunities before moving up. I'm not keen on him becoming a first team coach under Moyes, but no latest news on his finalised coaching set up as of yet. Probably happen as Martinez will confirm his set up with the knock on effect of Moyes' team becoming available.