but why do have the banner saying uefa fair play ??? might as well have a banner saying boo all you want we don't care
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
United's debt
- Thread starter higgi1p
- Start date
but why do have the banner saying uefa fair play ??? might as well have a banner saying boo all you want we don't care
asahartford1
Well-Known Member
- Joined
- 15 Nov 2016
- Messages
- 8,833
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
Personally would disagree, United's debt is good, they pay a nice amount of interest, they could otherwise spend on a player or two .Add the dividends and consultancy premiums to Glazers, and the status quo will do nicely.
M
M
mat
Guest
U.N.I.T.E.D
That spells fucking debt to me...
That spells fucking debt to me...
citizen_maine
Well-Known Member
- Joined
- 29 May 2011
- Messages
- 12,219
For the same reason they called it Financial Fair Play when it was anything butbut why do have the banner saying uefa fair play ??? might as well have a banner saying boo all you want we don't care
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.
Sometimes you say the sweetest things lol
Colin Bells Boots
Well-Known Member
- Joined
- 31 May 2016
- Messages
- 15,821
- Team supported
- Manchester City
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.
Pure poetry PB, couldn't happen to a bigger set of cnuts.
dickie davies
Well-Known Member
Was Lukaku in those figures?
Thanks for the correction - I may have misread somewhere, or just had the figures be journalised into something they weren't.
Is this right about Lukaku 's fee?
If so, that's their get out of jail card played for the next set of accounts and no doubt itll be spun that United's top negotiating team got daft money for an unwanted and unhappy player
MillionMilesAway
Well-Known Member
Is this right about Lukaku 's fee?
If so, that's their get out of jail card played for the next set of accounts and no doubt itll be spun that United's top negotiating team got daft money for an unwanted and unhappy player
Someone else will have to confirm that - it was the only big number I could think of to make up the transfer figure PB mentioned.
r.soleofsalford
Well-Known Member
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.
Glad you`re back PB