United Thread 2015/16

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Mike Keegan doing his best to big it up in the mail with lots of numbers. I wonder if he ever takes his utd pompoms off.

What is the bottom line PB, they have made the cash most expect but then most is going right to the Glazers ?
 
Mike Keegan doing his best to big it up in the mail with lots of numbers. I wonder if he ever takes his utd pompoms off.

What is the bottom line PB, they have made the cash most expect but then most is going right to the Glazers ?
Only seen the headline figures in Keegan's article but I always get the impression there's not a lot of spare cash floating about considering the level of revenue they generate. Last year was a funny one as they had no CL so a low base from which to compare. Also they only had 3 home games in the 3 months to 30/09/14 compared to 7 this last quarter so that would make a large part of the difference. Costs have increased by £23.5m over the quarter, which could mean nearly £100m increase over a full year. And they'll be paying the Glazers £15m a year from this year. Player amortisation will also be on the up over the next few years, which will affect their profits.

I've always thought that they're running to stand still financially and that hasn't changed.
 
Turnover up and profit down is exactly the best business model to run with even with my limited knowledge of finance. What do they say, turnover is vanity, profit is sanity
 
Cheers PB, tallies with my gut feeling to.
I keep hearing how rich they are and their fabled "200m war chest" but never see evidence of it. My guess is they do have money in x account looking juicy but it is spoken for and no way in hell is it being spent on utd. Maybe not exactly that but it stinks of the proverbial duck seemingly gliding with no effort.
Also if they slip up at all half these "partnership" deals have severe clauses in for failure to do x or y, i just like the fact that shark is swimming right under them should they slip or not.
 
Only seen the headline figures in Keegan's article but I always get the impression there's not a lot of spare cash floating about considering the level of revenue they generate. Last year was a funny one as they had no CL so a low base from which to compare. Also they only had 3 home games in the 3 months to 30/09/14 compared to 7 this last quarter so that would make a large part of the difference. Costs have increased by £23.5m over the quarter, which could mean nearly £100m increase over a full year. And they'll be paying the Glazers £15m a year from this year. Player amortisation will also be on the up over the next few years, which will affect their profits.

I've always thought that they're running to stand still financially and that hasn't changed.

Never mind comparisons to last year's corresponding quarter (no CL) how does it stack up against 2 seasons ago?
 
Only seen the headline figures in Keegan's article but I always get the impression there's not a lot of spare cash floating about considering the level of revenue they generate. Last year was a funny one as they had no CL so a low base from which to compare. Also they only had 3 home games in the 3 months to 30/09/14 compared to 7 this last quarter so that would make a large part of the difference. Costs have increased by £23.5m over the quarter, which could mean nearly £100m increase over a full year. And they'll be paying the Glazers £15m a year from this year. Player amortisation will also be on the up over the next few years, which will affect their profits.

I've always thought that they're running to stand still financially and that hasn't changed.

They are a financial powerhouse. Whether that money is pumped into the club or the Glazers pockets is another thing but if they want to match any bids for players in the future they can do it.
 
Only seen the headline figures in Keegan's article but I always get the impression there's not a lot of spare cash floating about considering the level of revenue they generate. Last year was a funny one as they had no CL so a low base from which to compare. Also they only had 3 home games in the 3 months to 30/09/14 compared to 7 this last quarter so that would make a large part of the difference. Costs have increased by £23.5m over the quarter, which could mean nearly £100m increase over a full year. And they'll be paying the Glazers £15m a year from this year. Player amortisation will also be on the up over the next few years, which will affect their profits.

I've always thought that they're running to stand still financially and that hasn't changed.

Please pray they finish 5th this season
 
they are bigging up the adidas deal but that's over a space of 5 years so they can not hide the next year Turnover but they are a bunch of cheats anyway and fudge the final profit turnover just like there crowd at OT
 
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