United thread 2018/19

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You won't see much coverage of this today

http://c.newsnow.co.uk/A/983458014?-1808:813

May 1 – Manchester United may have generated £90 million more in revenue than Manchester City in the 2017/18 financial year (£590 million vs £500 million), but City have overtaken their red rivals and are currently worth almost £275 million more as a club.

The club valuation figures come from an analysis of Premier League clubs by the University of Liverpool’s Centre for Sports Business. The valuations also show that Spurs are currently worth more £222 million than Liverpool and Chelsea who are valued equally.

Spurs, benefitting from the extra revenue of playing at Wembley, Champions League competition and a wage bill half that of Manchester United, are valued at £1.83 billion against valuations of £1.615 billion for Liverpool and Chelsea.

The two Manchester club valuations both break the £2 billion mark (City: £2.364 billion, Utd: £2.087 billion).

The gap between the top six clubs and the rest of the Premier League in terms of revenue and valuation is significantl “and their dominance of revenue streams is likely to ensure that the gap between themselves and the remaining clubs in the Premier League is maintained,” say the report authors.

“The value of Premier League clubs decreased by 1.6% overall to £14.7 billion, with the ‘Big Six’ (Manchester United and City, Liverpool, Arsenal, Chelsea and Spurs) making up £10.9 billion (74%) of this total (2017: £9.9 billion 67%)…” they say.

“The gap between the bottom club in the ‘Big Six’ and the next highest valuation is now nearly £1 billion.

The valuations have been made using the Markham Multivariate Model created by Dr Tom Markham, a senior executive for Sports Interactive, creators of Football Manager.

The model takes into consideration revenue, profits, non-recurring costs, average profits on player sales over a three-year period (which ties into how the Premier League calculates profits for Financial Fair Play purposes), net assets, wage control and proportion of seats sold.

The figures are taken from the financial statements sent to Companies House.

It appears a pretty accurate reflection of the marketplace for club share deals.The authors point out that the “only major deal in the Premier League during 2017/18 was in relation to Stan Kroenke acquiring the remaining 30% of the shares in Arsenal that he didn’t already possess for £550 million, which valued the club as £1.83 billion. In our 2017 club valuation report we estimated Arsenal to be worth £1.82 billion.”

The report highlights smaller falls in the value of some mid-tier clubs due to weaker cost control in a season where revenue in the Premier League increased by £253 million wages rose by £356 million.

Wage control is clearly the biggest challenge for Premier League. “Wages as a proportion of revenue fell to the lowest figure in a decade in 2016/17 when the new broadcast deal commenced but increased in 2017/18 and could easily exceed 60% in the next season.”

 
The lack of foresight and planning should be a major discussion topic at that club, and in the media in general. They constantly ignore it and refuse to accept it is their own making.

The way they have been at the top of the tree for decades but not spent a penny to future proof the club, the way slurgie went all out for van persie to ensure he went out on top, whilst knowing full well he would leave nothing for the next guy, whom he would ironically help appoint, is what the rags should really be up in arms about, and the real reason they are making snap decisions and error after error now.

United way, splurging on square pegs for round holes, they only have themselves to blame for the oath they have taken. This United DNA thing is literally them putting their fingers in their ears and making a wish. It isn't good business planning, it isn't a clear path,it is pure appease the masses. Playing on emotions with the fans is one thing, but with potential signings is another. There is a generation of young footballers here now, who everyone will want, who don't see the United dreamscape that Wio, Ole and the gang will all peddle. They grew up watching Barca, real, and hopefully soon city, playing winning, attractive football.

The United dream is fast becoming an outdated concept to many now, and they contradict it anyway here as they've got themselves into a position where they have to suppliement their attractiveness with huge personal offers.

Woodward even complelety ignored the fact that they'd had no success last season and the debt remains a burden, by highlighting instead the number of retweets and followers they can call on, in their AGM! Shows exactly what they wanted to become, and they achieved it. Success is optional for the glazers, as long as the masses keep buying the slipper and pj sets.

Meanwhile they've been overtaken and out thought by rivals with more ambition, and it will take expense, patience and a staggering change in their decision making capabilities to catch up.

Standing there stomping their feet and saying they demand success, rather than earning it because or who they are, not even having an idea of how to go about it, doesn't cut it.
Shhh don’t help em
 
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