United thread 2020/21

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33m losses and that debt seems low or is net debt any different to just Debt!?


Getting in the CL last season saved them.

No mention of the £150mill rolling credit they took out last year. Where's that gone? And on what?

Easy to read breakdown via the link.


Manchester United reported better revenues and profits for the second quarter of the club’s fiscal year, to December 31, 2020.

The club revealed turnover of £172.8m for the three month period, despite grounds being empty due to the coronavirus pandemic. Revenues for the same period last year were £168.4m.

Net Debt, as of December 31, 2020, was £455.5m, an increase of £64.2m over the year,reflecting the loss of 2020/21 season matchday advance cash receipts, and the impact of deferred sponsorship payments, partially offset by increased broadcasting receipts.

 
Getting in the CL last season saved them.

No mention of the £150mill rolling credit they took out last year. Where's that gone? And on what?

Easy to read breakdown via the link.


Manchester United reported better revenues and profits for the second quarter of the club’s fiscal year, to December 31, 2020.

The club revealed turnover of £172.8m for the three month period, despite grounds being empty due to the coronavirus pandemic. Revenues for the same period last year were £168.4m.

Net Debt, as of December 31, 2020, was £455.5m, an increase of £64.2m over the year,reflecting the loss of 2020/21 season matchday advance cash receipts, and the impact of deferred sponsorship payments, partially offset by increased broadcasting receipts.

They still owe their fans for last year's season tickets
 
I think he's got it spot on....

Lightning:
noun
the occurrence of a natural electrical discharge of very short duration and high voltage between a cloud and the ground or within a cloud, accompanied by a bright flash and typically also thunder.

Lighten:
verb
gerund or present participle: lightening
make or become lighter in weight, pressure, or severity.
"efforts to lighten the burden of regulation"
Similar:
make lighter, lessen, reduce, decrease, diminish
 
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This is a real T shirt, the back is....

s-l1600.png


https://www.ebay.co.uk/itm/Manchest...46a19c5c8eddfb482665|ampid:PL_CLK|clp:2334524
 
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