United Report Loss of £83.6m (Merged)

Re: United Report Loss of £83.6m

mcfcinprague said:
Project said:
Interesting - Match day income dropped from 109m to 100m.

Media income up £5m to £104m.

Commercial income up £11.5m to £81.4m.


But do I remember correctly that a number of their sponsors payed a couple of years up front - so increasing the commercial income this financial year, but this will be reflected in next years accounts when this income will be lower?


What is Media Income and how the hell have they increased it by a factor of almost twenty inside a year?
 
Re: United Report Loss of £83.6m

Nice to see all those anti-glazer protests are working, hence the record profits from money spent by fa... Oh wait!
 
Re: United Report Loss of £83.6m

Sam Eto's P45 said:
mcfcinprague said:
But do I remember correctly that a number of their sponsors payed a couple of years up front - so increasing the commercial income this financial year, but this will be reflected in next years accounts when this income will be lower?


What is Media Income and how the hell have they increased it by a factor of almost twenty inside a year?

£80m up front from AON?
 
Re: United Report Loss of £83.6m

Garry.Cook said:
I'm as useful as a chocolate fireguard when it comes to financial stuff but isn't operating profit just one part of a financial breakdown that ignores losses and such?

If it is, and they have indeed made an overall loss of £80M+ despite no big signings coming in then it's absolutely laughable how SSN are trying to brush it under the carpet when they tried their best to hang us out to dry.

Wankers.

Chocolate fireguards are great...as long as its a chocolate fire :)
 
Re: United Report Loss of £83.6m

nijinskybell said:
Sam Eto's P45 said:
What is Media Income and how the hell have they increased it by a factor of almost twenty inside a year?

£80m up front from AON?

Then what's the increase on commercial income of about £60 mill, these are big numbers to increase in a year, and the sort of increases we need to make.
 
Re: United Report Loss of £83.6m

The thing that nobody seems to care about but I see as important, is that United's matchday revenue fells EIGHT percent last year. This is even though ticket prices went up.
If this trend continues, they will be in shit street, and fast.
 
Re: United Report Loss of £83.6m

Going to throw this into the mix. It may upset or confuse some people.

According to the Times United have £100mill in cash reserves.

According a United poster on another forum.

Right now the Glazers can pay off, today....£163m of the £500m club debt or PIK debt.

Next year...that figure, subject to transfers will have risen to £230m on todays business volumes.
It really is that simple.

United owe £500m. In 12 months time we could clear half of it. We won't because, either the Glazers will pay their PIKS off or we will spend a bit on transfers.

Point is.

We are so far from being in trouble that it really is laughable to claim otherwise.

Wish what you want, hate the Glazers, hate modern football...is matters not to the bottom line.

United have £163m cash in the bank.

Anyone care to shed any light on this?
 

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