United 2016/17

[waspish]

So your debt goes up every quarter but revenue increases is that sustainable!?

 

[blue cigar]

Tick

Tock

 

[Prestwich_Blue]

That £408m is net debt, which is gross debt minus cash at bank. One reason it's gone up is because they'll have less cash now than they had in June. The other reason is that the debt is in dollars and as the pound has gone down v the dollar, the sterling value of the debt goes up. Their actual gross debt is now probably heading towards about £600m based on relative exchange rates.

 

[manctheknife]

That £408m is net debt, which is gross debt minus cash at bank. One reason it's gone up is because they'll have less cash now than they had in June. The other reason is that the debt is in dollars and as the pound has gone down v the dollar, the sterling value of the debt goes up. Their actual gross debt is now probably heading towards about £600m based on relative exchange rates.

Referees ain't cheap...

 

[Prestwich_Blue]

Referees ain't cheap...

LOL.

Interesting that apart from the money from the new PL deal, they've virtually stood still compared to the previous half-year results. But wages and amortisation have shot up. Even if they turn over £530m in the full year, those two items alone will probably eat up over £400m of that.

 

[flb]

That £408m is net debt, which is gross debt minus cash at bank. One reason it's gone up is because they'll have less cash now than they had in June. The other reason is that the debt is in dollars and as the pound has gone down v the dollar, the sterling value of the debt goes up. Their actual gross debt is now probably heading towards about £600m based on relative exchange rates.

 

[jaiguruKun]

BBC article has now been changed to include reference to the debt increasing but still leaves the question as to why it wasn't there in the first place.
Since the BBC moved to Salford it's become more Raggish than ever.

 

[manchester blue]

BBC article has now been changed to include reference to the debt increasing but still leaves the question as to why it wasn't there in the first place.
Since the BBC moved to Salford it's become more Raggish than ever.

So it doesn't leave the question as we all know the answer! :)

 

[waspish]

Lets say the next tv deal drops by a billion how would this effect all the clubs who budget to the tv money?

 

[aguero93:20]

Lets say the next tv deal drops by a billion how would this effect all the clubs who budget to the tv money?

Each club would lose an average of about £15-20m a season if you're talking about a 3 year deal, it wouldn't kill any of the larger clubs (and the smaller ones like Burnley/Bournemouth seem to be more cautious with costs) but it would restrict spending - that's enough money for each club to fund a KDB-size deal.