Spot on Tolm. Even Matt Slater was saying in the Athletic just last week that United were well insulated as they had £90m cash in the bank. What he failed to realise was that they had that at the end of March, not now. So far this financial year they've burned through an average £75m net cash each of the three quarters and that's with revenue coming in.
They could easily consume another £100m+ net cash this final quarter to the end of June plus there'll be instalments on transfers to pay. Looking at their March financial statements, those transfer liabilities alone were about £90m in the current financial period. So that £140m isn't to pay for new transfers, it's for the fees of their existing players.
Remember the orchestra kept playing right to the end on the Titanic!
United's going down with a billion in the red.
China won't touch 'em, Saudis can't, Qatar can't, India won't.
I'd go as far as to say Venezuela is their only hope.
Will do, it will be waiting for you as soon as things improve in both our countries.Thanks pal. Pour a sangria for me tonight, eh!
Let’s hope notHave they bribed CAS?
What is the CAS judge is a rag they’ve got glory hunting fans the world over don’t forget. Or a fan of any other team I’m pretty sure whoever it is if they are a football fan wont have our best interests at heartGill is biassed at the least, but there is no evidence that CAS can be corrupted. For the final outcome to be predicated on the rags' needs would require CAS to rule that we have breached ffp. If we have not, they will dismiss the charges, surely?
Definitely Gill behind it all they have to get the rags back in otherwise it could be them never coming back he’s doing all he can to make sure it’s us. Shit or bust on both sides I reckonWonder what the conversations between Gill and the history cronies to stitch us went!? Like city said at the leaks it’s attempt to discredit and damage Manchester City image!
Make No mistake Gill is the ring leader oh I wish we had shit on that crook.
I was having another think earlier about the month that comes after the actual hearing?
Yesterday I posted concerns about media speculating, supposed leaks and downright lies.
If you flip that and subscribe to a possible theory City may have somehow concocted a deal already with Cerefin, the month of purgatory would also serve it well?
During which time, all manner of leaks which carve a narrative of blame within the AC and IC could be leaked, condition the wider public to the prospect of City being exonerated and being unfairly treated.
It serves two purposes, Uefa get to throw individuals under the bus and also get the lobbying clubs off their backs.
a large portion of our case is predicated on Uefa leaks and them not adhering to procedures.