United Thread - 2023/24

[hcblue95]

When Micheal knight was going to buy them, the offer (that almost went through) was £20m. Ie the whole of united - its players, ground, training facilities, staff was valued at £20m (including any buyer premium on the value).
A year later, they spent iirc £19m on players.

In terms of today, that would be like City spending £2.5BILLION in one year on players.

A value of a company is far higher than its revenue. So it’s actually worse than you thought.

Cheers mate. Not that my rag mates will listen but I'll enjoy telling them.

 

[waspish]

When Micheal knight was going to buy them, the offer (that almost went through) was £20m. Ie the whole of united - its players, ground, training facilities, staff was valued at £20m (including any buyer premium on the value).
A year later, they spent iirc £19m on players.

In terms of today, that would be like City spending £2.5BILLION in one year on players.

A value of a company is far higher than its revenue. So it’s actually worse than you thought.

Thought it was 10m he was offering for the rags

 

[JASR]

Thought it was 10m he was offering for the rags

Possibly, so 10m offer versus 9m spend then.
It’s still spending 90% of the entire value of themselves a year later on players.

 

[abu13]

When Micheal knight was going to buy them, the offer (that almost went through) was £20m. Ie the whole of united - its players, ground, training facilities, staff was valued at £20m (including any buyer premium on the value).
A year later, they spent iirc £19m on players.

In terms of today, that would be like City spending £2.5BILLION in one year on players.

A value of a company is far higher than its revenue. So it’s actually worse than you thought.

I had a look at this and the nett spend was around £7 million, so roughly 35% of the club valuation at the time. If we moved that to a valuation today of £5 billion it would around 1.75 billion.

 

[Pingu the Penguin]

I remember reading on here a few years ago that in the 80s united were spending more on players than their entire revenue. Would be like in today's terms city spending 600 or 700m. Does anyone have a link on this?

Not sure if this is quite what you mean but the Michael Knighton takeover attempt in 89-90 valued the club at £20m and they spent nearly £10m (half the value of the club) that season on transfers.

 

[Salford_Blue]

Not sure if this is quite what you mean but the Michael Knighton takeover attempt in 89-90 valued the club at £20m and they spent nearly £10m (half the value of the club) that season on transfers.

Quick google search also shows average attendance that year of just shy of 39k

 

[KentBlue]

Quick google search also shows average attendance that year of just shy of 39k

Trafford Ministry of Truth better get to work then. Can't have that on public display.

 

[Grassland Blue]

Quick google search also shows average attendance that year of just shy of 39k

And still fans couldn't get tickets....

 

[Tbilisi]

Trafford Ministry of Truth better get to work then. Can't have that on public display.

They have their hands full atm trying to adjust a European Super Cup (that they were in) attendance and Gary Nevilles debut attendance figures. The 39k will have to wait.

 

[Blue Mist]

Mark the date. 7th July 2024.


It's the date the new manager of the rags will be announced.

It's also the day after England go out in the quarter finals.