Freestyler
Well-Known Member
Re: United Report Loss of £83.6m
shame.
just for the record....
tick tock.
shame.
just for the record....
tick tock.
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?
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?
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.
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?
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.