United Thread | 2025/26

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bobbyowenquiff said:
It is amazing how little coverage United's financial crisis has had. It is clear they are struggling to pay back even the interest on their debts. They have been trying to sell their club for years but, even with such a strong brand, there have been no takers. They are a mature business with very little scope for growth. Sheikh Mansour bought City for around £200m and invested about £300m in infrastructure. He got all his original outlay back with the Silver Lake deal. Now he has tripled the value of his original investment. That doesn't include the profits on his housing deals and the ones he will make on the hotel. Who wants to spend £1.3bn on United to clear the debts and another £2bn on infrastructure just to stand still?
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Yeah and think if they was in champs league get far there turn over would be around 75/100m more than our turn over just because of there home sales tickets! That’s going of last years financials be interested this years one which will be out this week I’d expect
 
It's funny how a football club can be so badly managed and have the biggest debt in the Premier League, yet have so much say on other clubs' expenditure ? Why do all the other 19 clubs let this joke of a club write the rules and put FFP PSR spending control on them

Surely the best-run club with debt-free status should be listened to and have a major say, Manchester City would never make it a closed shop, in fact we would welcome the challenge and let the right people willing to put personal wealth and investment to other clubs

2013 FFP was introduced and voted in. United debt was around £500million ? 2025 United are £1.5billion in debt
Yep FFP worked didnt it
 
bobbyowenquiff said:
It is amazing how little coverage United's financial crisis has had. It is clear they are struggling to pay back even the interest on their debts. They have been trying to sell their club for years but, even with such a strong brand, there have been no takers. They are a mature business with very little scope for growth. Sheikh Mansour bought City for around £200m and invested about £300m in infrastructure. He got all his original outlay back with the Silver Lake deal. Now he has tripled the value of his original investment. That doesn't include the profits on his housing deals and the ones he will make on the hotel. Who wants to spend £1.3bn on United to clear the debts and another £2bn on infrastructure just to stand still?
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It's why they desperately need the council and government to pay for a new stadium. Then it's price will shoot up.
Wrexham and their deal with the Welsh Government is a warning every football fan should take note of.
 
Blue Mist said:
It's why they desperately need the council and government to pay for a new stadium. Then it's price will shoot up.
Wrexham and their deal with the Welsh Government is a warning every football fan should take note of.
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No chance of the Government funding a new ground in the current climate. It’s just a PR stunt to stop the share price collapsing.
 
Grassland Blue said:
The rags might get a brand new stadium.
However, because they are sh1t, they might not fill it and it will be further away from Manchester.
Should they have a dramatic upsurge in form and fill it, how are they going to get that proposed number of idiots
(100,000) into and out of the stadium?
I don't think they have thought this through properly.
I think that they should downsize their expectations and maybe groundshare with Stockport County or Warrington Wolves for a while,
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They've thought it through alright, you'll see it in the expenses side in the accounts.
 
ancoats said:
It's funny how a football club can be so badly managed and have the biggest debt in the Premier League, yet have so much say on other clubs' expenditure ? Why do all the other 19 clubs let this joke of a club write the rules and put FFP PSR spending control on them

Surely the best-run club with debt-free status should be listened to and have a major say, Manchester City would never make it a closed shop, in fact we would welcome the challenge and let the right people willing to put personal wealth and investment to other clubs

2013 FFP was introduced and voted in. United debt was around £500million ? 2025 United are £1.5billion in debt
Yep FFP worked didnt it
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Yanks sticking together
 
pepguardiola'smoustache said:
This might be a daft question, but who are they actually in debt to?
I mean, is there a specific bank or company that is clearly stated as being the lenders?

And furthermore, could it be possible that the glaziers themselves are the lenders, via some clever jiggery-pokery accounting through another business, so that in fact they are themselves receiving the interest on the debt?


@Prestwich_Blue you know about these sort things. Am i being fanciful?
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Interesting question. There's no information identifying who they're in debt to specifically. The main debt of $650m (c£480m) is secured on the club assets (i.e. OT and Carrington).

I've said before that my suspicion is that they've actually used their united shares to secure debts on their property business. They remortgaged that to the hilt pre-crash back in 2008 and their lenders would almost certainly have insisted on additional collateral over the properties themselves. But we don't know that. When they've sold shares, the proceeds go to them, rather than the club so I guess it's potentially possible they've used that money to repay external debt and transfer that debt to themselves.

I think they'd have to say something publicly though if they redeemed a debt where there was a charge over assets, and they never have so I'd say it's unlikely. They have to start refinancing that debt in 2027 so we may learn more then.
 
Huh i feel dirty and need to wash.
Just been in the village hotel M66 Bury for a coffee with Mrs K and her sister and it was wall to wall full of raggies.
Coaches from everywhere but Manchester on the carpark.
The excitement of moving into the top 5 is really getting them giddy
 
Prestwich_Blue said:
Interesting question. There's no information identifying who they're in debt to specifically. The main debt of $650m (c£480m) is secured on the club assets (i.e. OT and Carrington).

I've said before that my suspicion is that they've actually used their united shares to secure debts on their property business. They remortgaged that to the hilt pre-crash back in 2008 and their lenders would almost certainly have insisted on additional collateral over the properties themselves. But we don't know that. When they've sold shares, the proceeds go to them, rather than the club so I guess it's potentially possible they've used that money to repay external debt and transfer that debt to themselves.

I think they'd have to say something publicly though if they redeemed a debt where there was a charge over assets, and they never have so I'd say it's unlikely. They have to start refinancing that debt in 2027 so we may learn more then.
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Hmm 2027 you say ? made up allowances for a new stadium spring to mind
 
Kippax77 said:
Huh i feel dirty and need to wash.
Just been in the village hotel M66 Bury for a coffee with Mrs K and her sister and it was wall to wall full of raggies.
Coaches from everywhere but Manchester on the carpark.
The excitement of moving into the top 5 is really getting them giddy
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That excitement will soon subside in the next few weeks
 
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