United 2016/17

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Prestwich_Blue said:
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.
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So in other words, they're struggling and no CL this year would be a massive blow.
 
Prestwich_Blue said:
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.
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Yeah but that debt will be wiped after a couple of months of Pogba shirt sales.
 
Daz_Blue said:
Rob Harris ‏@RobHarris 7m7 minutes ago
Man United blames post-Brexit vote collapse of the pound for debt surging 27% to £409.3m
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Debt up by 27%, the pound hasn't fallen against the dollar by that much since Brexit
Do they think we are all stupid, sorry just realised they are giving their fans a convenient excuse
It's not my fault it's someone else's we are still the biggest and bestis so there
 
Ballet On Ice said:
Debt up by 27%, the pound hasn't fallen against the dollar by that much since Brexit
Do they think we are all stupid, sorry just realised they are giving their fans a convenient excuse
It's not my fault it's someone else's we are still the biggest and bestis so there
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The Glazer's don't care and they have become Arsenal esq in the fact that it's not about winning things, it's about revenue
So long as they're managing the interest payments and still milking a wedge to support their businesses in the US, they're happy
 
apparently not spending as much in the summer. desperate for them not to reach top 4 this season.
 
blue b4 the moon said:
I can never understand how they can operate from there and still comply with FFP.
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David_Gill.jpg
 
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