Such brick optics/PR
If they really are at the place where 1M here, 2M there is critical to the business survival, I have no fudging idea how they fix anything.
side note, firing ETH cost 14M, wonder what Amorim will cost?
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Circus ManUnitus - Nobody's At The Wheel
- Thread starter Jordinho
- Start date
Such brick optics/PR
If they really are at the place where 1M here, 2M there is critical to the business survival, I have no fudging idea how they fix anything.
side note, firing ETH cost 14M, wonder what Amorim will cost?
Dicko
Pat van den Hauwe
If Amorim and his agent were smart they would have realised the PSR situation and that Ten Hag already spent a load on players and that they wouldn't be able to rebuild that squad without getting rid of all the deadwood on 200+ a week wages first. He's probably gonna get sacked without being able to change the squad.
He fudging knew .. this is the part when people tell me "no one will come wreck their career at Spurs" take a look.
The squad literally had probably 2-3 players that suited Amorim system, they had been in PSR issues for some time, they have a bunch of players that will be difficult to really get off their books, recent recruitment has been awful and the infrastructure around the club is literally falling apart.
Story is, he initially told them only in summer, they told him, now or never .. fudging guy is there for a paycheck, anyone with a brain knows it's a train to nowhere ..
Dicko
Pat van den Hauwe
They must have said they were willing to be brutal and would ship out half the squad out to raise funds but he's now watched the January window come and go and the club failed to sell anyone! (and people like Casemiro say they want to stay another season lol) and he must be thinking ''I fudged up here"
Gutter Boy
Tim Sherwood
Looks like the Ineos empire is really starting to crumble, they cant even afford our bog soap now: https://www.bbc.co.uk/sport/football/articles/c15qg8vvdpeo
He can't be that much of an idiot
- Sancho, Caemiro, Rashford (Villa must be drunk), Anthony won't find buyers at either book value or wages, supposedly 16 of that fudging squad earn >$100K/week, 8 above $150K
English media is always in lala land re United, but they will struggle to get players out, and because of PSR, they can't just eat a loss on them either ..
He must be thinking .. what's my payout again?
ricky2tricky4city
Dimitar Berbatov
Looking rosy.....
Man Utd financial results: Cost of sacking Erik ten Hag and Dan Ashworth affect profits
Manchester United's revenues decreased by 12% in the last quarter, with profits hit by the departures of Erik ten Hag and Dan Ashworth.
www.bbc.co.uk
Looking rosy.....
Man Utd financial results: Cost of sacking Erik ten Hag and Dan Ashworth affect profits
Manchester United's revenues decreased by 12% in the last quarter, with profits hit by the departures of Erik ten Hag and Dan Ashworth.www.bbc.co.uk
Utter shambles ...
- Revenues down 12%, from £225.8m to £198.7m
- Broadcast revenue down 42%, from £106.4m to £61.6m
- Operating profit down 88.7%, from £27.5m to £3.1m
- Commercial revenue up 18.5%, from £71.8m to £85.1m
- £14.5m spent on sacking of Erik ten Hag and his coaching staff, including £4.1m on hiring then firing of former director Dan Ashworth
- £11M spent appointing Amorim
- Club debt up from £506.6m to £515.7m
- They owe £414m on transfer fees to other clubs
- United have now paid more than £1bn in interest repayments on the debt used to finance the 2005 Glazer family takeover.
- United's losses over the past five years total over £370m
markysimmo
Johnny nice-tits
Wowzers
Lemonade Money
Dimitar Berbatov
That is some big numbers. Is that sustainable? Have they got the income to tread water?
They missed out on cl football. It's what happens.
Will be worse next year unless they win europa. As their sponsorship deals and shirt deal drop if they are not in cl for 2 seasons.
I don't see it, basically they have £1bn between current debt and outstanding payments owed on transfers. They lost £370M in last 5 years, limit on PSR is £100M/yr. They have players on the books that need to move on that will absolutely be further losses. They probably need 7-9 players in to get Amorim working or they will have to fire him (basically replacing ETH with him cost them £25M)
Way more than missing out on CL issue there, this is what close to 20 years of mismanagement looks like
parklane1
Vivian Woodward
Could not happen to a better club.
thfcsteff
Vic Buckingham
To my relatively untrained eye, they look in deep, deep structural brick. Well worth considering when the 360 pile in on Levy happens. Whatever anyone thinks, the man has us in superb financial/structural shape.
ricky2tricky4city
Dimitar Berbatov
They've basically paid the equivalent of a whole 'New Old Trafford stadium' in pound notes in interest just because the Glazers leveraged the buy out of the club.
Debt that wasn't necessary from the clubs pov.
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Lemonade Money
Dimitar Berbatov
Fergies success on the field should have set them up off it. Levy's success off the field will hopefully set us up on it
. We are only one bad owner away from a brick show!Who was responsible for selling to the Glazers? Who got their hands grubby in that deal? I seem to remember Fergie supporting them?
Lemonade Money
Dimitar Berbatov
The Glazers at Manchester United: The story of their turbulent tenure so far
With the Glazers staying at Manchester United as majority owners following confirmation of Sir Jim Ratcliffes minority stake, we take an in-depth look at the Americans turbulent tenure so far.
Good to know!
Bloodsuckers!
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I seem to remember something about one of the old share holders getting into a dispute over a horse with Ferguson which was part of why they sold. So basically Ferguson caused it!Fergies success on the field should have set them up off it. Levy's success off the field will hopefully set us up on it
Who was responsible for selling to the Glazers? Who got their hands grubby in that deal? I seem to remember Fergie supporting them?
On a side note I was thinking does Luke Shaw sum up the running of that club over the last 10 years. Averaged less than 20 league games a season over the 10 years but doesn’t seem to struggle to get new contracts.
I completely agree with this but to play devils advocate, they've won five trophies since Fergie left in 2013 (I'm not including the charity shield, Mikel) and I think some of our fans would possibly say they'd prefer that haul and the financial mess than what we have. What's the point of being such a stable club if you never taste success?
glorygloryeze
Steffen Freund
It's an interesting point you raise...