United 2016/17

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Prestwich_Blue said:
Correct. Current & non-current borrowings were just over £490m as at June 2016 compared to just over £410m the previous year.

Page 10: http://ir.manutd.com/~/media/Files/M/Manutd-IR/Governance Document/mu-plc-earnings-release-q4-fy-2016.pdf

Our operating profit will probably be much the same as theirs at just under £70m when our accounts are published.
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Always laugh at the narrative that turnover = anything other than turnover.

So basically Pb they are now a bit more in debt?
 
blueinsa said:
They managed 46% possession, 4 shots, none on target and around 180 passes give or take.
Summed up, the 2nd half drubbing they have convinced themselves they gave us didnt really happen lol
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No shots on target? Where was Bravo standing for their disallowed goal as he had the original shot covered? It looked on target to me.
Think we had about six or seven during the second half with two or three on target. KDB's against the post was a brilliant move.
 
Love this bit:

'This press release contains forward-looking statements. You should not place undue reliance on such statements......'

You could probably put that on any press release by those cunts.
 
Prestwich_Blue said:
In all the congratulatory crowing about their turnover, it seems to have got missed that their actual borrowing went up by something like £80m.
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What us their debt now? Can you summarise in terms a simple fan will understand , the debt, repayments, profit etc. turnover is vanity, profit is sanity I was taught.
 
East Level 2 said:
No shots on target? Where was Bravo standing for their disallowed goal as he had the original shot covered? It looked on target to me.
Think we had about six or seven during the second half with two or three on target. KDB's against the post was a brilliant move.
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If it's offside, as it was it doesn't count.

We battered them it's that simple :-)
 
Has this done the rounds yet? He's a right thick fuck and goes on Bluemoon apparently, we get a good few mentions... like "utter cretins" lol
Bitter..

 
Eds said:
What us their debt now? Can you summarise in terms a simple fan will understand , the debt, repayments, profit etc. turnover is vanity, profit is sanity I was taught.
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Their total debt is now around £500m which is £90m higher than it was at the last year end. That cost them £20m in debt servicing costs, compared to £35m last year. This implies they're relying much more on overdrafts than longer term borrowing but it won't be possible to be sure until the full accounts are published.

Their bottom line profit was just over £36m and we should easily beat that thanks to a decent profit on our transfer dealings. Even taking that out of the equation for both teams, we won't be that far short of their profit figure.

As you rightly say, a high turnover is one thing but making sure you have enough cash to cover your operating costs and fund incoming transfers is the most important thing for a football club. That's what nearly killed us in 2008.

The cash position at the end of June should be about as healthy as it will ever be as all season ticket income is in and the bulk of the domestic and European prize money. Some more comes in arc the start of the season and some in January but the the rest of the time a club is living off the fat. It won't have helped being dumped or of the CL & then the EL so early. That alone probably cost them £50m in potential list revenue.
 
Prestwich_Blue said:
Their total debt is now around £500m which is £90m higher than it was at the last year end. That cost them £20m in debt servicing costs, compared to £35m last year. This implies they're relying much more on overdrafts than longer term borrowing but it won't be possible to be sure until the full accounts are published.

Their bottom line profit was just over £36m and we should easily beat that thanks to a decent profit on our transfer dealings. Even taking that out of the equation for both teams, we won't be that far short of their profit figure.

As you rightly say, a high turnover is one thing but making sure you have enough cash to cover your operating costs and fund incoming transfers is the most important thing for a football club. That's what nearly killed us in 2008.

The cash position at the end of June should be about as healthy as it will ever be as all season ticket income is in and the bulk of the domestic and European prize money. Some more comes in arc the start of the season and some in January but the the rest of the time a club is living off the fat. It won't have helped being dumped or of the CL & then the EL so early. That alone probably cost them £50m in potential list revenue.
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Brilliant thanks for that. Funny how the only thing reported is their turnover, maybe you ought to send this info to the press who obviously are unable to understand accounts. What is also interesting is this article http://www.thedrum.com/news/2016/09...cts-the-strong-impact-pogba-has-had-the-brand which talks all about the impact Pogba has had on the brand. Forget results, its all about the brand!
 
Prestwich_Blue said:
Their total debt is now around £500m which is £90m higher than it was at the last year end. That cost them £20m in debt servicing costs, compared to £35m last year. This implies they're relying much more on overdrafts than longer term borrowing but it won't be possible to be sure until the full accounts are published.

Their bottom line profit was just over £36m and we should easily beat that thanks to a decent profit on our transfer dealings. Even taking that out of the equation for both teams, we won't be that far short of their profit figure.

As you rightly say, a high turnover is one thing but making sure you have enough cash to cover your operating costs and fund incoming transfers is the most important thing for a football club. That's what nearly killed us in 2008.

The cash position at the end of June should be about as healthy as it will ever be as all season ticket income is in and the bulk of the domestic and European prize money. Some more comes in arc the start of the season and some in January but the the rest of the time a club is living off the fat. It won't have helped being dumped or of the CL & then the EL so early. That alone probably cost them £50m in potential list revenue.
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That'll do for me, increased debt to £500m, you gotta love the Glazers, gonna wind a rag up if I can find any.
 
rossie said:
is the bailli incident going to be reviewed by the fa ..? i didnt hear one mention of it by any of the pundits, has it even been mentioned ?
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Not sure there's anything to review. The 'kick' at the end was pretty minor, and the challenge wouldn't be violent conduct.
 
Dunno how accurate the salaries are,just liked it.

2ijm5xv.jpg
 
The Silver Surfer said:
Has this done the rounds yet? He's a right thick fuck and goes on Bluemoon apparently, we get a good few mentions... like "utter cretins" lol
Bitter..

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Very insightful young man.
How can he get so much right and yet so much wrong?

Fellaini, the Belgian Andy Carroll. Lol.
Rooney, not his biggest fan is he.

The "upper leg" calf must be sore today.

Not sure he likes its though.

If he's called Carrick4United, he used to post on F365. He's also been Carrick4England.

It's nice that we are a society that allows such forthright and insightful views to be aired.
 
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