FC United Thread

This bit is rather puzzling

Payment Profile: To help the club in the early years particularly with cash flow stretched due to the postponed games, MCC has agreed a low start loan profile: £0 in 2023/24, £30,000 in 2024/25, £75,000 in 2025/26 before rising to £91,000.

So because the club have “suffered” from a few postponements this season, the council are giving them a hand and not asking for any money this season.
I don’t get that. I appreciate the cash flow issues they face now but eventually by May those postponed games will have been played and the money from each game accounted for. These games aren’t lost, just delayed.

The question has to be asked, what happens this time next season if again the Rag Socks are knocked out of the FA Cup / FA Trophy early leaving games again postponed due to opponents still being involved in these competitions?

There is a clear pattern here over the past however many seasons that these fuckers are simply struggling to survive, yet the council are again bending over backwards to accommodate them when everyone on Blue Moon reading this (apart from @M40_Sheriff ) know that the whole project is a sham and should be pulled.
 
The low start to repayments after a 2 year holiday has nothing to do with the cash flow problems & current postponements. This deal with the council has taken over 2 years to negotiate. The council knew they weren’t making any profit so gave them a two year repayment holiday then structured the loan to begin with very small payments as that was the only way they’d see any cash. As always with FC & their unrealistic business plans there’s always promises of jam tomorrow.

Final point on the council offering to restructure loans from over 8% & over 14% down to just 6% & pay the legal & setup fees for them. they looked elsewhere for funding & nobody else would touch them with a barge pole & if they found someone foolish enough to take on the risk it would be at 20% not the 6% the council are asking for.

This slide also shows they asked the council to buy their (by their own admission on other slides) unfinished, poor quality & expensive to maintain stadium but the council said no.

Next year’s £30 grand repayment will be met only because of the fund the foundations bucket shaking, so they need an unrealistic and very quick turnaround in the business plans to meet the increasing payments in future years & replace the £500,000 3G pitch coming to the end of its lifespan which is a crucial earner for them & contractually should have had a sinking fund to replace it due to it’s initial grant funding.
 

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Mad Eyed Screamer said:
But, but, but @M40_Sheriff assured us all that monthly payments were being met…..
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I’m speculating here, but it might just be possible that @M40_Sheriff either has drunk the Kool-Aid, or might just not have been 100% wholly and completely, totally and utterly truthful in his posts on here. Or both.
 
Shit, I was hoping to read that these cunts and their fake club and ground had been nuked, with their officials imprisoned along with the corrupt councillors who agreed the funding.

I live in hope !
 
Always worth a giggle watching this.
Remember their catch phrase Making Frineds Not Millionaires…..

Right at the beginning they are on a train with a fair few Leeds fans going to Bolton / Horwich. One Tyke shouts Manchester wank wank wank and you can hear a pin drop as it goes quiet. Not a word said in return.
Forward to 2 mins 35 seconds and 20 Bucketeers up against 3 Leeds fans sees them bravely take the Leeds fans on.
You’ll note the young lad in a jacket twice slapping the side of his hips shouting come on. And on both occasions he is taking steps backwards every time he bravely offers the 3 Leeds fans out.
Songs about Leeds / City / Merseyside / we’re the famous Man United and we’re going to Wembley / United Road / all in there. There’s enough material in this short film for psychology students to complete 3 different essays.

@M40_Sheriff do you recognise any of this shower? Are they co-owners?
 
Just seen this letter on the Grundian football internet site. Article was about the Club World Cup and also the scums prem ticket prices featured on the Football Daily.

The only thing missing was the plea to bring some cash for the begging buckets. Bunch of charlatans

“A propos your comments about the extortionately high ticket prices at MUFC (yesterday’s Football Daily), this may be the exact moment to refresh the fact that nearly 20 years ago, in May 2005, 6,000 Manchester United supporters walked away from top-flight football and formed FC United of Manchester. Our new club serves as the biggest consistent weekly protest against the Glazers, the debt burden unfairly placed on United, and the extraordinary amount of money that has ruined the top-flight game. It’s been a rollercoaster ride since then, but our ethos of low matchday ticket prices still persists, with tickets at £13 for adults and juniors are £3. Season tickets are priced on a ‘pay what you can afford’ basis. Here’s a wonderful video (there are loads similar out there on YouTube) summarising the club’s reason for existing. We’ve a Christmas home game coming up on 26 December and could really do with the publicity to encourage all the many disaffected ‘Big United’ fans to roll up and try us out” – Jonathan Kendal.
 
BeerIsTheBest said:
Just seen this letter on the Grundian football internet site. Article was about the Club World Cup and also the scums prem ticket prices featured on the Football Daily.

The only thing missing was the plea to bring some cash for the begging buckets. Bunch of charlatans

“A propos your comments about the extortionately high ticket prices at MUFC (yesterday’s Football Daily), this may be the exact moment to refresh the fact that nearly 20 years ago, in May 2005, 6,000 Manchester United supporters walked away from top-flight football and formed FC United of Manchester. Our new club serves as the biggest consistent weekly protest against the Glazers, the debt burden unfairly placed on United, and the extraordinary amount of money that has ruined the top-flight game. It’s been a rollercoaster ride since then, but our ethos of low matchday ticket prices still persists, with tickets at £13 for adults and juniors are £3. Season tickets are priced on a ‘pay what you can afford’ basis. Here’s a wonderful video (there are loads similar out there on YouTube) summarising the club’s reason for existing. We’ve a Christmas home game coming up on 26 December and could really do with the publicity to encourage all the many disaffected ‘Big United’ fans to roll up and try us out” – Jonathan Kendal.
Click to expand...
What Johnathan doesn’t say is that 4,500 of that 6,000 have walked away from FC United. Meanwhile United games still - as they have done every game every season of those 20 - have sold out.
It would be a solid protest if the swamp was 6,000 down every game. But they aren’t. Their existence has had zilch effect on “Big United”.
 
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