United Thread 2014/15

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Selling shares again?

Are they trying to cover the transfer fees they've paid out?

Strikes me that even with all the iffy sponser deals Uncle Malcs boys are still in debt up to their scrawny ginger necks either that or the money is going to Ed Woodward to broker the world transfer record ;)
 
sir baconface said:
After a pleasant, comic interlude I think something nearer normal service will be resumed this season.

Once again our quiet neighbours will have a sneering, hectoring autocrat at the helm. And we can already see that the press will fall over themselves to kiss his hairy Dutch arse. Manager of the month for the first month or two, mark my words.

Fortunately we have bigger trophies to play for.
Wryly observed post, SB.
 
blue b4 the moon said:
Selling shares again?

Are they trying to cover the transfer fees they've paid out?

Strikes me that even with all the iffy sponser deals Uncle Malcs boys are still in debt up to their scrawny ginger necks either that or the money is going to Ed Woodward to broker the world transfer record ;)

£89m more shares being sold by Utd's bosses
<a class="postlink" href="http://www.telegraph.co.uk/sport/football/teams/manchester-united/11002193/Manchester-United-owners-to-sell-89m-of-shares-and-club-will-lose-23m-from-Adidas-if-no-Champions-League-soon.html" onclick="window.open(this.href);return false;">http://www.telegraph.co.uk/sport/footba ... -soon.html</a>

Seems they can't afford to splurge £150m+ on the transfer mearkat as some rags thought...
 
TCIB said:
aguero93:20 said:
karen7 said:
When do they play Real Madrid? That i have to watch
Madrid are playing scratch teams, same as us in this tournament (neither team have a point to prove unlike some), so it might not be as enjoyable as you think.

If they still stuffed em then it would be extra nice though.

I hope the rags batter them,no requirement for further signings if they can beat the european champions :-)
 
BlueAnorak said:
blue b4 the moon said:
Selling shares again?

Are they trying to cover the transfer fees they've paid out?

Strikes me that even with all the iffy sponser deals Uncle Malcs boys are still in debt up to their scrawny ginger necks either that or the money is going to Ed Woodward to broker the world transfer record ;)

£89m more shares being sold by Utd's bosses
<a class="postlink" href="http://www.telegraph.co.uk/sport/football/teams/manchester-united/11002193/Manchester-United-owners-to-sell-89m-of-shares-and-club-will-lose-23m-from-Adidas-if-no-Champions-League-soon.html" onclick="window.open(this.href);return false;">http://www.telegraph.co.uk/sport/footba ... -soon.html</a>

Seems they can't afford to splurge £150m+ on the transfer mearkat as some rags thought...

The sorry thing is there's a queue of brainless saps willing to buy these shares with almost no voting power.
 
United Warned Over Future Finances

12:21, UK, Thursday 31 July 2014

Old Trafford: Champions League 'Vital' For United's Future

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Manchester United's owners have piled the pressure on new boss Louis van Gaal by stressing the potential financial perils of failure to qualify for the UEFA Champions League for a second consecutive season.

After David Moyes' dismal reign as manager at Old Trafford last term the club find themselves without European football for the first time since 1995, and a prospectus released by the club highlights the dangers of failing to re-establish themselves in the top four at the first time of asking.

The document also revealed that the highly-publicised 10-year kit deal with adidas is dependent on results and will drop 30 per cent from £75million to £52.5m if the club fail to qualify for the Champions League in two consecutive seasons.

The news comes as the Glazer family, who own the club, are set to draw out £89m by reducing their shareholding in the club to 85%.

The prospectus says: 'Because of the prestige associated with participating in the European competitions, particularly the Champions League, failure to qualify for any European competition, particularly for consecutive seasons, would negatively affect our ability to attract and retain talented players and coaching staff, as well as supporters, sponsors and other commercial partners.

'Failure to participate in the Champions League for two or more consecutive seasons would also reduce annual payments under the recently announced agreement with adidas by 30 per cent of the applicable payment for the year in which the second or other consecutive season of non-participation falls.'

United's combined broadcasting and matchday revenue from Europe has fallen in the last three years from £59.7m in 2011 to £38.9m in 2013.
 
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