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United's debt
- Thread starter higgi1p
- Start date
mosssideblue
Well-Known Member
They don't have debt it is monitised loans that have been brought through their youth system
Thank you :)
mosssideblue
Well-Known Member
They had a good manager in PEG. It's the next tier or two up where their issues are imoThey can throw as much money at transfer fees and wages as they want but it'll be futile unless they get a good manager in place. Long may it continue.
stonerblue
Well-Known Member
Fucking right. Our owners spend their own cash and get called (and investigated) for it yet these fuckers survive on a leveraged mortgage and they're the model to follow? Fucking scandalous and i hope they get fucked in the comedy channel cup.And UEFA won't even bat an eyelid at utd and their financial mess.
I think he's wheely good actually.Are you seriously questioning the managerial skill-set of Solskjaer the Saviour?
True but Mourinho was a terrible man manager and the players will throw you under the bus for that nowadays.They had a good manager in PEG. It's the next tier or two up where their issues are imo
Is that you yaya?I think he's wheely good actually.
And UEFA won't even bat an eyelid at utd and their financial mess.
uefa FFP should be the main reason for clubs in debt and clubs should be made to clear all debts or be manage over a 3 to 5 year period, and if they show more losses then they come under the FFP rule and banned from europe, its simple the so called biggest clubs in the world should be running as debt free and no loans taken on assets
if uefa want a fair play on the field of play then get clubs that are in financial mess sorted out off the field of play
am not one for doing figures but somebody should know how much debt the so called biggest clubs in uefa are running at together ?? my guess is its close to £5 billion
blue b4 the moon
Well-Known Member
To paraphrase....fucked.... hopefully.Their (spelling) total debt is still the same, which is over £500m. The figures for the last quarter show total borrwoings of £525m. That doesn't include monies owed for transfers by the way. It's just what they owe to financial institutions. The probably owe around £150m on transfers.
They usually quote "net debt", which is total debt less cash. So if they have total debt of £500m and cash of £200m, they'll talk about net debt of £300m. But if they spend £150m of that cash the day after their year-end, net debt goes up to £450m as it's still £500m of total debt less £50m cash. Net debt has gone up a lot from June to September because they've spent a load of cash they had in the bank. They're getting less from the Europa League this season plus they got a big chunk last year from commercial deals and they aren't getting that either this year.
If they don't even get into the Europa League next season, then they lose that money (probably about £40m) and gate receipts from having no European games (around £20m) plus they lose commercial income if they spend 2 consecutive seasons out of the CL and that's probably another £30m. So not getting into Europe next season could cost them at least £90m, when they're forecasting £560-£580m this season with just being out of the CL but in the EL. That'll mean them reporting less than £500m for 2020/21, maybe as low as £470m. And that's all cash so they'll be struggling to buy players and even pay wages possibly. The better players will want out and no one decent will want to come unless they get big bucks. This season could really be a big tipping point for them.
citizen_maine
Well-Known Member
- Joined
- 29 May 2011
- Messages
- 12,219
They don'tif uefa want a fair play on the field of play then get clubs that are in financial mess sorted out off the field of play