United Thread | 2024/25

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TonyColemansbagofapples said:
Scruffy sounds like David Essex as the Artilleryman in the War of the Worlds. Building underground tunnels and playing cricket. What a dreamer
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In the cellar was a tunnel scarcely ten yards long, that had taken him a week to dig. I could have dug that much in a day, and I suddenly had my first inkling of the gulf between his dreams and his powers.
 
smeeagain said:
Can somebody explain if they really could go bust please?
How can a business worth allegedly 4/5/6 billion collapse?
He’s teasing us all surely
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It's about cashflow. I've been saying for a while that they're paying out far more cash than they're generating. They've got a £300m overdraft that they've nearly used up, and which they've got to renegotiate soon. They only survived this winter due to the money Scruffy Jim put in.

Unless they win the Europa League they won't have any revenue from European football next season. If they don't qualify for Europe the followoing season, they will really be fucked. They'll be paying far more interest on their debt from 2027 as they have to renegotiate that, which will be at far higher rates than they're paying now. And he thinks they're going to be the most profitable club in 3 years time?
 
Silva2021 said:
Sounds like they will be announcing a new 100K seater stadium, assuming based on Govt regen agreement.

Sounds very much like a vanity project.

It could easily take their debt to 3 billion +.

That saving on the lunches must be huge!
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Prawn sandwiches they were on I think.....
 
I have just had the pleasure of watching Rat boys interview with scruffy Jim.
'bust by november'..Please.
Managed to shoehorn Citys amd Liverpools wage bill in relation to plauer availability.

Let them have the most iconic stadium in South Manchester (apparently not funded by public money, ok)

Give me our owners every day of the week.
Scruffy Jim the saviour. Lol
 
Prestwich_Blue said:
It's about cashflow. I've been saying for a while that they're paying out far more cash than they're generating. They've got a £300m overdraft that they've nearly used up, and which they've got to renegotiate soon. They only survived this winter due to the money Scruffy Jim put in.

Unless they win the Europa League they won't have any revenue from European football next season. If they don't qualify for Europe the followoing season, they will really be fucked. They'll be paying far more interest on their debt from 2027 as they have to renegotiate that, which will be at far higher rates than they're paying now. And he thinks they're going to be the most profitable club in 3 years time?
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Wasn't the money from Ratcliffe, according to the offer and later documents supposed to be only for capital expenditure? Or did I dream that?
 
Listening to Ratcliffe, I still reckon we can screw them completely by reducing ticket prices, especially for younger fans. First, it will mean they will have to follow suit and then all their financial planning on the new stadium will be fucked. Second, they can't do it anyway without being PSR'd. Third, they aren't making any cash so they can't afford to do it. Fourth, it will take the moral high ground away from fucking Liverpool with their price freeze. Lastly, and most importantly, it will reconnect the club with the fanbase and give City the strongest and noisiest local, loyal Manchester fanbase for decades to come.

I just wish the executives would wake up and smell the coffee. Drive another nail into their desperately managed financial coffin. The perfect time would be after the 115 is settled. Or maybe just after United have committed to their 2 billion stadium :)
 
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Silva2021 said:
Sounds like they will be announcing a new 100K seater stadium, assuming based on Govt regen agreement.

Sounds very much like a vanity project.

It could easily take their debt to 3 billion +.

That saving on the lunches must be huge!
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It's a way to pass ffp in the short term!

This new stadium 100k to be honest I'd be jealous because wanted our owner to build a new stadium but now we will have a 61k stadium and with the new hotels we have a unique stadium now and love it!

If they start the redevelopment of the area now for there new stadium that will take years then the stadium would take 4/6 years cost billions so who pays that? Yep sponsors fans more loans!
 
halfcenturyup said:
Listening to Ratcliffe, I still reckon we can screw them completely by reducing ticket prices, especially for younger fans. First, it will mean they will have to follow suit and then all their financial planning on the new stadium will be fucked. Second, they can't do it anyway without being PSR'd. Third, it will take the moral high ground away from fucking Liverpool with their price freeze. Lastly, and most importantly, it will reconnect the club with the fanbase and give City the strongest and noisiest local, loyal Manchester fanbase for decades to come.

I just wish the executives would wake up and smell the coffee. The perfect time would be after the 115 is settled. Or maybe just after United have committed to their 2 billion stadium :)
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Yeah, not much chance of that happening though mate is there? Great that shower are in a complete mess but our owners couldn’t be doing much more to disconnect the club from its core fan base in Manchester.
 
Slightly unusual ‘charm offensive’ from Scruffy yesterday. Giving interviews to anyone who’d listen. The tactic of getting everything out in the open is an odd one indeed.

The comments about ‘running out of money by December’ didn’t ring true at all. I’m pretty sure the United fans wouldn’t have believed it either.

The people on the Monday Night Club on 5Live didn’t believe it either and were laughing that he didn’t mention the debt the Glazers, god bless em, are paying interest on!

At least he ‘understands the fans frustration’!
 
Funny on talksport. Their interviewer asked Jim about his comments about them being the worst United side ever, despite spending £180m in the summer. Jim snipes back ‘it was actually £300m’

Awkward!

What a laughing stock.
 
Craig said:
Yeah, not much chance of that happening though mate is there? Great that shower are in a complete mess but our owners couldn’t be doing much more to disconnect the club from its core fan base in Manchester.
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I live in hope that people higher up than the executives have a better handle on this, perhaps naïevly. My last hope that anyone understands fans' frustrations and has any interest in improving the situation, tbh.
 
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