United Thread - 2023/24

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They're in meltdown.

The roof still leaks. The Glazers are taking the piss and the money. The share price has plunged. The hierarchy in the boardroom are a bunch of incompetents. The Manager isn't respected or obeyed by the players, some of them being accused of serious assault. And the fans are revolting (about the only consistency of it all). Their season is in ruins already and they are a laughing stock everywhere.

Never mind eh?
I have a notion that the players have found that smacking your girlfriend/wife gets you a quick exit from then shithole. Quicker than waiting for a transfer at an inflated price
 
There are new rules coming in which mean, I think..., that a club can lose €70m over 3 years (€60m + €10m if the club are in good financial health).

This plus wages not exceeding 90% of turnover this season, decreasing to 80% next season and finally stopping at 70% in 25/6.

They're still bang in trouble if those figures are accurate.
Yeah, as far as I know the 3 year rolling rule still applies. Some expenditure won't apply but that tends to be capital projects and other teams like youth teams, that isnt going to be big for the rags.
 
What gets me is that the authorities always say the same about debt when it comes to FFP. Something along the lines of sustainability....

How the fuck can a debt be sustainable when it gets tangibly bigger every year?

FFP doesn't apply to this lot!

Hopefully they do a Barcelona and tread water for the next decade!
 
Who dreamed, thirty years ago, that we would live to see this day?
It can only be bettered by the Rags getting relegated.
What was once invulnerable is now utterly fucked.
All empires crumble, given time and chance,
In this case, down to a quibble over horse spunk.
You could not write it.
 
Can you imagine if the Glazers do sell and the new owners do what Bohley has done at the Chav’s (admitted some offences but tip of the iceberg I reckon) and thoroughly investigate the Finances the shit will hit the fan with the force of a 100k nuclear fart. It would be tantamount to fraud and the Glazers would probably have to retire to a non extradition country, will be fascinating, is this the real reason they won’t sell? They know where the dead bodies are buried.
Think there's certainly shit under the bed but, how much can they squeeze into that PO Box in the Carmen Isle's?
 
There are new rules coming in which mean, I think..., that a club can lose €70m over 3 years (€60m + €10m if the club are in good financial health).

This plus wages not exceeding 90% of turnover this season, decreasing to 80% next season and finally stopping at 70% in 25/6.

They're still bang in trouble if those figures are accurate.


if the above is accurate, then as well as the outstanding takeover debt of £521m (due 2029), they have 3 credit arrangements of £300m total, of which they’ve already used £200m, and one of the facilities (£150m - used £100m) ends in 2025.

if united fans think its been bad for the last few years scrambling around for cheap ‘who is that’ loans, then the next few years will
just pile on the downward spiral, as the debt, the lifetime of loans, and the new 90/80/70 ffp rules kick in.
 
This sort of drivel is why Neville should be allowed to keep ranting on Sky.

He should have a weekly slot to tell us all repeatedly how shit united are and how they’re never getting out of this mess.

Their rhetoric is bubbling up nice and early this season. We may even see the zebra pants before Xmas.
No doubt the club shop are sourcing this item as we speak, the perfect gift for Christmas.
 


if the above is accurate, then as well as the outstanding takeover debt of £521m (due 2029), they have 3 credit arrangements of £300m total, of which they’ve already used £200m, and one of the facilities (£150m - used £100m) ends in 2025.

if united fans think its been bad for the last few years scrambling around for cheap ‘who is that’ loans, then the next few years will
just pile on the downward spiral, as the debt, the lifetime of loans, and the new 90/80/70 ffp rules kick in.

How far are we off buying them for a quid and building a car park in Gorse Hill?
 
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