United Thread 2015/16

[Prestwich_Blue]

Still £322m in debt.

That's net debt, which is total debt less available cash. The trouble is the cash gets used to pay wages, dividends, tax, instalments on players, etc. Their gross debt is actually just under the £450m mark and is up about £30m from the year end. They're borrowing more rather than paying it off.

 

[Prestwich_Blue]

The share price has absolutely no bearing what so ever on funds available to any business.

It does if you're using those shares to secure borrowings in other parts of your business, which is what I strongly suspect the Glazers are doing.

 

[blue b4 the moon]

It does if you're using those shares to secure borrowings in other parts of your business, which is what I strongly suspect the Glazers are doing.

Borrowing from Peter to pay Paul is going to bite ragland in the arse at some stage.

 

[MillionMilesAway]

http://www.bbc.co.uk/sport/football/35548741

The figures are only a mid-year quarter, but 42% rise in commercial revenue is reported. Most of that is presumably Chevrolet/Adidas? Broadcast revenue up 31% - mostly CL money I assume, but the headline figure is not BS.

Utd are a money-making machine, and it will take a few more years of on-field rubbish to disrupt that. That's what the Glazers saw and bought.

 

[Phil1]

Told you it would be spun as them being in a fantastic position because of the revenues.
The football side didn't even get a sniff and if by magic everything I've read so far has been bigging them up because they're on course to hit £500million next year. They are also magically going to improve their youth set up so they are ahead of us and apparently they have an advantage when it comes to recruitment because they are the famous man utd whose record at bringing through youth is unparalleled.

The sheep will lap it up - cunts.

 

[MillionMilesAway]

That's net debt, which is total debt less available cash. The trouble is the cash gets used to pay wages, dividends, tax, instalments on players, etc. Their gross debt is actually just under the £450m mark and is up about £30m from the year end. They're borrowing more rather than paying it off.

Is that 30M mostly from transfer dealings, interest accrual or something else?
Someone (maybe you) who said that they may run into a cashflow problem at some point?

 

[manimanc]

Match revenue down 1.6%...??
Isn't that a bit strange when the tabloids report every home game is a sellout.?

 

[MichaelFrontzeck'sBathroom]

Rag w****rs, that is all

 

[Prestwich_Blue]

Is that 30M mostly from transfer dealings, interest accrual or something else?
Someone (maybe you) who said that they may run into a cashflow problem at some point?

Can't say. Might be loans or rolling credit facilities (i.e. overdrafts). In December, you'll have the CL group stage revenue in but probably little else until towards the end of the season, when S/T renewal money starts coming in.

Therefore this quarter (Jan-Mar) is generally one where clubs live off the fat, so to speak. Their wage bill alone is probably around £60m for the quarter. I don't think they're quite as flush with cash as people think.

 

[kaz7]

So is this good or bad figures for them? yes or no will do

 

[manimanc]

They could earn a billion a season for me but it's on the pitch what counts and as far as I can see they haven't won jack shit for 3 years, are on their third manager in as many years which looks like being four if headlines are to be believed and this year look like missing out on champions league. Looks like they'll be winning the most revenue in a season trophy.

 

[CheethamHillBlue]

Match revenue down 1.6%...??
Isn't that a bit strange when the tabloids report every home game is a sellout.?

It's because in this period, in 2014, they played 2 more home Premier League matches and hosted an International match and in 2015 they played 2 C/L matches and a Capital Cup match. The income from the Capital Cup match must have been well down in comparison.

 

[bazbarrybazzer]

Me too :)

 

[richardtheref]

 

[Vienna_70]

I'll fucking cry if Zlatgod joins that shower of cunts.
It's going to be fucking hard to hate him.

There won't be enough room in the changing rooms for both egos, should he and the eye-gouger rock up at the swamp together!

 

[pudge]

What's the craic with the Mourinho rumours?

 

[mat]

"Inside Source" claiming Hal the squad don't want Maureen because he wants the brother fucker as far away as possible.

Doesn't take Sherlock to deduce who the blabber is...

 

[mat]

What's the craic with the Mourinho rumours?

Season tickets renewal....

 

[stony]

"Inside Source" claiming Hal the squad don't want Maureen because he wants the brother fucker as far away as possible.

Doesn't take Sherlock to deduce who the blabber is...

Mourinho is a **** but he's no mug. He'll know all about Giggs being a treacherous little shit and won't want the poisonous **** anywhere near him.

 

[MillionMilesAway]

So is this good or bad figures for them? yes or no will do

I suspect "Good, but as expected" is close to the mark.