United thread 2020/21

[PannickAtTheDisco]

they've got VAR though.

 

[Prestwich_Blue]

Oof! That’s a huge amount of debt for a club to carry. Lovely stuff.

I think it's even worse than that. There was much talk of this £140m "war chest" at the back end of May, which they were going to use to spend on Sancho and others (according to the media). In reality it was to prop up their cashflow to meet operating expenses and pay outstanding instalments on existing transfers.

The accounts at 30 June seem to show they still have that facility available to them, which means they presumably didn't draw on it until after the year-end. Had they done so before June 30th, their total debt would have been closer to £700m I reckon. Need to see the full accounts to be sure of that.

Although they only reported a £23m loss for the year, they've burned through £300m more cash in that period than they accumulated.

Tick fucking tock.

 

[KS55]

I'd agree, but I'd be slightly worried we'd jump into bed with them and the dippers.

Well, we would. CFG is a business and would follow the money. The days of jumpers for goalposts are sadly behind us.

 

[Cotswold Knight]

Massively in debt but UEFA still let them play in the champions league
Corruption at its finest

 

[mike1923]

Massively in debt but UEFA still let them play in the champions league
Corruption at its finest

Financial Fair Play ‘you can spend money you don’t have, but you can’t spend money that you do have’

 

[Newman Noggs]

I hope that when it comes to "negotiations" (for which read "blackmail") over their "super league" plans, the rest of the English clubs realise that united are "negotiating" from a position of desperation so drag things out and fuck them over accordingly.

 

[Semper aggressus]

Hope the fucking bastards go bust.

 

[waspish]

Think ffp is dead for at least 3 years even though they said it this year isn’t taking into account.

 

[Gazza]

If United were in so much debt they'd have settled for just buying a 33 year old striker on a free transfer instead of getting any of their big targets.

 

[salford blue 62]

Financial Fair Play ‘you can spend money you don’t have, but you can’t spend money that you do have’

Just about sums it up mate
Bent as fuck.