So far this financial year they've spent nearly £225m more cash than they brought in up to 31st March. For comparison it was just over £50m at the same point in 2019. They'll be eating beans on toast by the end of next month. And counting out the beans to make them last.
OK-ish. Was above $20 at the beginning of the year but hit $12.50, one of its lowest ever points, 2 months ago when the football stopped. Up to around $15.50 currently.What's the share price doing?
So to a thicko like me, can you confirm that means Manchester united is valued at 25% less than it was five months agoOK-ish. Was above $20 at the beginning of the year but hit $12.50, one of its lowest ever points, 2 months ago when the football stopped. Up to around $15.50 currently.
That's correct. The share buy-back was announced a couple of months ago to prop-up the price but there wasn't much money involved and it's not clear how many shares have been bought as part of that. Less than 2 years ago the share price was over $25 so they've dropped 40% since then.So to a thicko like me, can you confirm that means Manchester united is valued at 25% less than it was five months ago
I thought the owners had bought a stack of shares to keep the price up, or is that reflected in the $12 now $15?
That's correct. The share buy-back was announced a couple of months ago to prop-up the price but there wasn't much money involved and it's not clear how many shares have been bought as part of that. Less than 2 years ago the share price was over $25 so they've dropped 40% since then.
Nearly lost half their value in just under 2 years..
Oooh, that's a real shame..!
What a lovely way to start the day, reading that..
TICK TOCK..!
True.. I posted a while ago about the home game versus Sheffield United (won 5-2) in the 67-68 title winning season, when the attendance was declared as 32000 in the Sunday papers.. there must have been 45000+ there that day.. when I queried it with The Old Man he took me to one side and explained to me, very patiently, about how 'Uncle Albert' (Alexander) managed financial things at Maine Road..Football clubs have been taking the piss on the tax front for years.
Sorry but can you just confirm that the shares have lost half their value, that's fifty percent, ergh that's loads, I only ask because I have only just stopped laughing at Prestwich Blues post earlier and need to get my breath back before laughing again.
That's just to Sanchez..And am I reading that correctly that they may owe close to £87M in transfer add ons?
I bet the figures that make up that amount weren't reported in the press at the time of the transfer
You should check out Curtis Woodhouses twitter he's trolling united fans big calling Scholes and Giggs overrated.
He got shut down though by saying Aguero isn't in his top 10 strikers of the Premier league
He’s right about the family man, and although I despise him,the ginger pig was pretty good, although like all rags, heavily protected by pigmol.
As for his Sergio comment...I don’t believe him at all. No real football fan would say that about someone of Sergio’s class.