United Thread | 2024/25

Somethings changed lately regarding the press and reporting on these cunts.
Bad news is coming out from the swap every day.
That never used to happen.
Has the pissed bully lost his grip.
Or do the press know what's about to be announced regarding the fake. Charges
IMG_7846.jpeg
 
Somethings changed lately regarding the press and reporting on these cunts.
Bad news is coming out from the swap every day.
That never used to happen.
Has the pissed bully lost his grip.
Or do the press know what's about to be announced regarding the fake. Charges
I think the arse licking journos have finally ran out of spin / positive angles to hype these fuckers up and also have realised that the public can see for themselves what state the club are in and no amount of Orwellian propaganda can change that and to counter the shite on offer with rag propaganda would leave them looking completely stupid.
The new manager was the last throw of the dice, ''the best young manager in Europe blah blah'' but has now been exposed as the Emperor's New Clothes and everyone is pointing and laughing at him.
No journo will risk their credibility by continuing to justify this rag regime in a positive light.
 
I think the arse licking journos have finally ran out of spin / positive angles to hype these fuckers up and also have realised that the public can see for themselves what state the club are in and no amount of Orwellian propaganda can change that and to counter the shite on offer with rag propaganda would leave them looking completely stupid.
The new manager was the last throw of the dice, ''the best young manager in Europe blah blah'' but has now been exposed as the Emperor's New Clothes and everyone is pointing and laughing at him.
No journo will risk their credibility by continuing to justify this rag regime in a positive light.
I was nodding along there until I got to credibility
 
A very bizarre analysis. Full of ifs and maybes.

The current outlook, which is virtually guaranteed, is that they'll fail to qualify for Europe next season and that will cost them something like £30m in matchday revenue, £50m in domestic and European broadcasting revenue and probably £20m in sponsorship.

Their operating cashflow was around £100m and free cashflow in the last financial year was £85m, so that's all their free cashflow potentially wiped out. That means very little available to spend, for a side that needs a huge rebuild. And they've got to find the cash to pay their transfer debt as well. And nearly £160m of that free cashflow was for an issue of shares, which was a one-off. So they could be looking at a massive cash outflow in the next FY.

Some of that will possibly be offset by a lower wage bill and maybe lower expenses but that's a hell of a mountain to climb considering they've not even got to the bottom yet. I've always said that 2 consecutive seasons out of the CL (which they've not suffered as yet) could be a tipping point. Two consecutive seasons without any European football could be an absolute game-changer for them (and not a good one).

If that happens they aren't winning anything in 2028.
Just to add to this, I've just looked at the financial statements for the first 3 months of the current financial year (as you do on NYE).

They borrowed an additional £200m in the 3 months to September. And that's probably not the worst quarter for cashflow, which is usually the Jan-Mar quarter. They're goosed.

Tick fucking tock and happy new year Blues.
 
Just to add to this, I've just looked at the financial statements for the first 3 months of the current financial year (as you do on NYE).

They borrowed an additional £200m in the 3 months to September. And that's probably not the worst quarter for cashflow, which is usually the Jan-Mar quarter. They're goosed.

Tick fucking tock and happy new year Blues.
You say they borrowed another 200 million but if Chemical Jim hadn't made 250 employees redundant, cut the funding to the disabled supporters association, cut the funding to the ex rags who never made it and hiked ticket prices, they would have had to borrow 200.0005 million.

Small margins as Mr Brailsford said.
 

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