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Author Topic: A selling club? ManUre lose £80m.  (Read 8700 times)

Offline darren woolley

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Re: A selling club? ManUre lose £80m.
« Reply #15 on: October 08, 2010, 01:44:47 PM »
I could'nt be happier.

Online Brend'Watkins

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Re: A selling club? ManUre lose £80m.
« Reply #16 on: October 08, 2010, 01:56:18 PM »
No way will Man U go down the drain. Their brand is far too big. Some rich sheikh will step in and save them.

2 years ago if you said Liverpool could be heading into administration you'd have said exactly the same thing. 

There are only so many rich Sheiks out there and how many of them have an even passing interest in football?  Even if they were and were Man U fans would they be interested enough to buy a club saddled with so much debt? 

Man U are stuck with the Glazers for some time, especially as we're now in recession and PL football appearing to lose some of it's flavour.

I don't know how much more of this good bad news I can take.

Offline pauliewalnuts

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Re: A selling club? ManUre lose £80m.
« Reply #17 on: October 08, 2010, 02:06:00 PM »
No way will Man U go down the drain. Their brand is far too big. Some rich sheikh will step in and save them.

Fuck it. Seriously, why bother? Pay top dollar for the Dreg Devils, or spend a tenth on an underperforming historical giant like, say, Man City and use the cash saved to blow them out of the water.


When were Man City ever a giant?

Online LeeB

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Re: A selling club? ManUre lose £80m.
« Reply #18 on: October 08, 2010, 02:11:38 PM »
No way will Man U go down the drain. Their brand is far too big. Some rich sheikh will step in and save them.

Fuck it. Seriously, why bother? Pay top dollar for the Dreg Devils, or spend a tenth on an underperforming historical giant like, say, Man City and use the cash saved to blow them out of the water.


When were Man City ever a giant?

1930's? You get my point though.

Offline PaulTheVillan

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Re: A selling club? ManUre lose £80m.
« Reply #19 on: October 08, 2010, 02:15:02 PM »
I read earlier that Man Utd only paid £2.6m tax.

How?

Offline pauliewalnuts

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Re: A selling club? ManUre lose £80m.
« Reply #20 on: October 08, 2010, 02:26:28 PM »
No way will Man U go down the drain. Their brand is far too big. Some rich sheikh will step in and save them.

Fuck it. Seriously, why bother? Pay top dollar for the Dreg Devils, or spend a tenth on an underperforming historical giant like, say, Man City and use the cash saved to blow them out of the water.


When were Man City ever a giant?

1930's? You get my point though.

One title and one cup? Meh.

I do get your point though.

Although, looking at just how much money they're spaffing into City, I wonder if financial rationality plays any part of it.


Offline PaulTheVillan

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Re: A selling club? ManUre lose £80m.
« Reply #21 on: October 08, 2010, 02:37:26 PM »
I doubt the £80m sale of Ronaldo was paid upfront.

Offline Dante Lavelli

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Re: A selling club? ManUre lose £80m.
« Reply #22 on: October 08, 2010, 03:19:34 PM »
Quote from: Bren_d link=topic=40542.msg1599168#msg1599168

Man U are stuck with the Glazers for some time, especially as we're now in recession and PL football appearing to lose some of it's flavour.


Are we?  Seriously, I am out of the country, has it been announced that we're (the uk) is back in recession?
« Last Edit: October 08, 2010, 03:24:17 PM by Dante Lavelli »

Offline adrenachrome

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Re: A selling club? ManUre lose £80m.
« Reply #23 on: October 08, 2010, 06:11:36 PM »
No way will Man U go down the drain. Their brand is far too big. Some rich sheikh will step in and save them.

Fuck it. Seriously, why bother? Pay top dollar for the Dreg Devils, or spend a tenth on an underperforming historical giant like, say, Man City and use the cash saved to blow them out of the water.


When were Man City ever a giant?

1930's? You get my point though.

One title and one cup? Meh.

I do get your point though.

Although, looking at just how much money they're spaffing into City, I wonder if financial rationality plays any part of it.

Around 1967 to 1970 they were a potent force, winning the League, FA Cup, League Cup and the European Cup Winners Cup. They had has players like Francis Lee, Mike Sumerbee and Colin Bell.
They seemed like giants to me at the time, but then I was a callow youth and we were in Division 3.

Offline olaftab

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Re: A selling club? ManUre lose £80m.
« Reply #24 on: October 08, 2010, 06:42:39 PM »
As they won't sell £80m players very often, I think that shows a worrying trend in their losses.

Worrying  John?...no I am over joyed. The more they  and the other Sky Clubs lose the better.

Offline Ad@m

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Re: A selling club? ManUre lose £80m.
« Reply #25 on: October 08, 2010, 06:47:47 PM »
This non-accountant doesn't understand how they can make an Operating Profit of £100m, pay £40 interest and then end up losing £80m.

Where did £140m go?

According to various reports on the web the difference includes player-related costs (which is likely to be the write-off of the transfer fees they've paid in the past over the length of the player contracts), and the costs of the bond issue which were almost £50m apparently.

They haven't released the accounts yet, only announced the results, so it's quite difficult to find much detail.

Oh, and I'm not sure what Spurs' wage bill is but Utd have said theirs is £131.7m whereas ours last year (so not entirely comparable) were £63m.

Offline Shrek

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Re: A selling club? ManUre lose £80m.
« Reply #26 on: October 08, 2010, 10:16:37 PM »
Man are the richest club in the world and the most valuable.

The glazers plan was always to sell Utd after a few years.

Liverpool are not even on the same level as Man Utd, in terms of recent success, value, infrastructure, playing staff and management.

So in my opinion Man U won't end up like Liverpool because of the Glazers.

Offline Michel Sibble

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Re: A selling club? ManUre lose £80m.
« Reply #27 on: October 09, 2010, 07:40:14 PM »
All they need is some MLB rich-daddy to wipe out their debts and return them to their previous glory.

Hang on...

Offline Salsa Party Animal

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Re: A selling club? ManUre lose £80m.
« Reply #28 on: October 10, 2010, 12:25:09 AM »
It is disgusting to see business doing this to Liverpool and Manchester United making the club pay for their purchasing of club. If you don't have cash to buy it don't buy it

Offline pauliewalnuts

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Re: A selling club? ManUre lose £80m.
« Reply #29 on: October 10, 2010, 12:49:02 AM »
All they need is some MLB rich-daddy to wipe out their debts and return them to their previous glory.

Hang on...

The thing is, though, he's nowhere near rich enough.

I'm sure he'll be a damn sight better for them than G&H were, but listening to Liverpool fans this week, there was a palpable sense of disappointment that it wasn't some mentally rich oil baron taking them over.

Football has always been to some extent about how much money you've got, but these days it is everything.

Depressing.

 


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