United Thread | 2025/26

  • Thread starter Thread starter Ric
  • Start date Start date
mad4city said:
Pissed me off at the time. Such a blatant grasp at staying in the limelight.
I've moved on though.
Now, it comes up, yearly, in my Facebook memories.
I like to post the photo of the shithead entering the hotel on a few WhatsApp groups and remind certain people that it's:
"Still the most cringeworthy moment in the history of English football".
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It did PSG a lot of good, as it my memory serves, we beat them easily.
 
Gorbachev said:
Forbes value them at £5.3bn, meaning they have a 8.9% debt-to-equity ratio which is very conservative and hints to them being lightly leveraged.

They have a debt to enterprise value of 8.2% which is low. Many healthy companies run this at around 30%-50% if I am not mistaken.

As long as they retain stable cash flows which they do - revenues are up - they are a financially low risk company in all but effect and if anything they can raise more room for more debt if they wanted.

This is why the Glazers ultimately will never pack this cash cow in.
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Their debt is officially never published ? Don't forget the sister companies debt's also

Why is it never published and it's rumoured to be over £1billion ? So that 8.9% debt-to-equity ratio is going to be a lot higher,
 
Elbow beards said:
Fuck all this glossing over, this is the most important paragraph.

"The long-term debt, which has effectively sat on the club since the Glazers bought it in 2005, remains at $650m, with the exchange rate on 30 June meaning it was £471.9m"

Cunts are nearly half a billion in debt, but we're the cheats. Hmmm.
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Add on the 300m they still owe other clubs in past transfers fees and it's nearing 1bn , I'm.sure someone said the majority of that 300m is due to be paid this season
 
bluetonium said:
If Google is correct, United have reported losses of:

24/25 - £33m
23/24 - £113.2m
22/23 - £28.7m

That gives them a figure of £174.9m loss over the last three seasons. I know they were permitted around £48m special costs as exempt for "restructuring" during the takeover, but their £40m special "COVID losses" season (which was substantially higher than most other clubs and, some may say, unusually out of step) is now out of the period taken into account for psr.

I also see they've been granted a £50m exceptional cost for the Carrington refurbishment, and the £10.4m cost for sacking tent peg is it included or another exception?

But even then, they've got to be close to the limits, surely? And that's is now heading into a season where they're guaranteed to have less matchdays and ticketing income because of less games. Maybe we should be crediting their accountants here, but it does feel an awful lot like certain clubs enjoy a closer relationship with the rule makers, than others.
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Depends which accounts the losses are from. The ones that are reported to thr PL are under the name Red Football, not Manchester United. I don’t think their Red Football accounts include their shareholders’ taking money out of the club to pay the debts that they leveraged against the club when they bought the shares. So their losses might be less than that if those figures are Manchester United figures.
 
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