United thread 2019/20

[lonestay]

over on sad cafe they dont seem to be concerned , basically debt will be cheap this year so lets borrow some more money! they are talking about £150 million credit line to buy Sancho.

 

[manclad]

I like to see the posts on this United thread keep increasing so that it keeps well in front of the Liverpool thread,particularly whilst the Lpool thread is temporarily suspended.
As others have previously stated on here,Liverpool and their fans have become a pain in the arse,but only for the last couple of seasons.
Times that couple of seasons by 25 and you will have an idea of how long I have suffered banter and general piss taking from United fans of all ages.
It warms the cockles of my heart to see "The Mighty Reds" become also rans in the space of a few short years.

 

[waspish]

Plus there shithole is falling apart the shit sardine can of a ground

 

[kippaxwarrior]

What I don’t understand though is how they’re still throwing silly money about in the transfer market ? January as well as pre-season. Going forward how can they remain competitive against us and how could they afford a ‘Sancho’ albeit the likeliness is bullshit !!

.

 

[Churchlawtonblue]

"Our third-quarter results reflect a partial impact that the pandemic has had on the club but the greater impact will be in the current quarter and likely beyond," said Woodward.

"Revenues for the quarter fell by 18.7% to £123.7m. The club's debt rose by £124.4m to £429.1m"

So their debt rose by over 25% in a quarter!

You cant put that down to this COVID 19. As a business they are rapidly going the wrong way financially.

Further loan restructuring cant be further away. Finger crossed bankruptcy swiftly follows. We can only hope.

 

[dickie davies]

"Our third-quarter results reflect a partial impact that the pandemic has had on the club but the greater impact will be in the current quarter and likely beyond," said Woodward.

"Revenues for the quarter fell by 18.7% to £123.7m. The club's debt rose by £124.4m to £429.1m"

So their debt rose by over 25% in a quarter!

You cant put that down to this COVID 19. As business they are rapidly going the wrong way financially.

Further loan restructuring cant be further away. Finger crossed bankruptcy swiftly follows. We can only hope.

We don't want bankruptcy as they can bounce back from that
What we require is a continuous rising debt and the Glazers taking more money out to subsidise their US property business
The less money the football business has, the more they will fall into obscurity

 

[Marlo]

Their debt is always the same, about £500m. They're not paying it back. Net debt is that total debt minus any cash they have in the bank at the time. So that changes all the time. Net debt of £427m means they had about £70m in the bank on 31st March (assuming their total debt is £500m).

But since then they will have paid at least that in wages, with very little revenue. So they'll be in overdraft now or very soon. And then they'll have to pay transfer installments in July/August plus have to refund season ticket holders (another £25m at a guess). If the season doesn't get going soon, they're going be heading towards the rocks because their owners ain't bailing then out.

Do you know roughly how much the Glazer's extract each year from them?

Also if they are never paying that back (500 million) are they still paying a fortune every year in interest on it as well right?

If that is the case is there a danger of them doing a Leeds like under Risdale?

 

[Onholiday(somemightsay)]

Their debt is always the same, about £500m. They're not paying it back. Net debt is that total debt minus any cash they have in the bank at the time. So that changes all the time. Net debt of £427m means they had about £70m in the bank on 31st March (assuming their total debt is £500m).

But since then they will have paid at least that in wages, with very little revenue. So they'll be in overdraft now or very soon. And then they'll have to pay transfer installments in July/August plus have to refund season ticket holders (another £25m at a guess). If the season doesn't get going soon, they're going be heading towards the rocks because their owners ain't bailing then out.

Go fund me page + £1 donations from each of the 'ahem' 659m supporters (surely that figure must have increased in line with the global population?) = Debt free and Jadon Sancho

Simples this high level business malarkey.........

 

[Bill the Blue]

But.. but.. but, I keep being told that they are the biggest club I the world, backed by trillions of fans and have players who are sprinkled with magic dust, such as The Face, Beans, Beans, Beans, Rolo, The Welsh Diver, Igloo, Piranha and Fred to name but a few..

All local lads who understand what it means to pull on the red shirt and run around a bit..

Players if sold (which club is Bruce managing at the moment.?) would not only wipe their debt off at a stroke but would provide a war chest for the Paperboy fit enough to blow any top tier Div 2 club out of the water when bidding for Forest Green's up and coming, 32 year old, 9 goal a season centre forward..


All true I'm afraid as the club is underpinned by a CEO who has told the world that they can do things in the transfer market that others can only dream of doing..

Corners turned, roof fixed, Rashys back healed now the ten players he's been constantly carrying have been removed and the Dabber is now up to full fitness and is throwing some serious shapes out..

One of the best pieces of news though is that the rags medical officer has confirmed that due to the suspension in play, the best goalie in world football has for the first time been declared 100% fit as his net rash has completely cleared up..!

Finally, with ex finance guru David (something smells fishy) Gill now working under cover at UEFA, the rags are guaranteed to qualify for the Chumps League every season..

Finish outside the top 4.?

No problem, we'll ban some team and get you in..

Rumour has it though that Mr (fishy) Gill has his own problems to contend with, like a rather large net that is rapidly closing in on him..

To sum up, I can conclude that they're basically fcuked and it's only a matter of time before the Glaziers squeeze the last penny out of them and then bulldoze the entire site and flog it to Aldi for them to build their new distribution centre..



It all makes perfect sense to me..!

 

[Vienna_70]

Oh dear!

How sad!

Never mind!