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Post by Bestie on Oct 6, 2020 12:50:39 GMT
Man Utd's financial headache Simon Stone BBC Sport Later this month, Manchester United will reveal the full scale of the financial damage caused by Covid-19 when they release their end of year results, which include the period from March to June when the Premier League season was closed down. The losses are going to be eye-watering - and there is no end in sight to the loss of income caused by having to play in an empty stadium, something that costs the club £5m every time they play. In addition to matchday revenue, there was a £20m rebate to TV broadcasters, lost revenue from the megastore being shut for four months, no corporate events being held at the stadium and the lucrative annual tour being scrapped. Brilliant. Fuck you you yankee doodle money leeching cancerous cunts.
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Post by kstandhand on Oct 6, 2020 12:58:48 GMT
Man Utd's financial headache Simon Stone BBC Sport Later this month, Manchester United will reveal the full scale of the financial damage caused by Covid-19 when they release their end of year results, which include the period from March to June when the Premier League season was closed down. The losses are going to be eye-watering - and there is no end in sight to the loss of income caused by having to play in an empty stadium, something that costs the club £5m every time they play. In addition to matchday revenue, there was a £20m rebate to TV broadcasters, lost revenue from the megastore being shut for four months, no corporate events being held at the stadium and the lucrative annual tour being scrapped. Brilliant. Fuck you you yankee doodle money leeching cancerous cunts. You can only begin to imagine how the July - Sept 21 accounts will look,the EDBITA indemnity is about really bring home some Chicken's to roost!
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Post by kstandhand on Oct 6, 2020 15:20:35 GMT
Barca have posted losses of £88mil,their players took a 70% pay cut.
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Post by Karma on Oct 6, 2020 15:27:58 GMT
Man Utd's financial headache Simon Stone BBC Sport Later this month, Manchester United will reveal the full scale of the financial damage caused by Covid-19 when they release their end of year results, which include the period from March to June when the Premier League season was closed down. The losses are going to be eye-watering - and there is no end in sight to the loss of income caused by having to play in an empty stadium, something that costs the club £5m every time they play. In addition to matchday revenue, there was a £20m rebate to TV broadcasters, lost revenue from the megastore being shut for four months, no corporate events being held at the stadium and the lucrative annual tour being scrapped. Brilliant. Fuck you you yankee doodle money leeching cancerous cunts. So match day revenue and the associated retail footfall is more important than we thought after all? Lovely jubbly!
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Post by dazjoe on Oct 6, 2020 20:26:32 GMT
If they were ever going to fuck off you would think it would be now.
Covid showing no sign of going away, cases just rising and rising again in the UK so forget about fans attending games any time soon. This season ends late, the Euro's are on, plus the Olympics (if any of our players are selected), and if Covid still on going then write off any lucrative American/Asian pre season tour; it'll be a couple of pre season games in the UK and Europe.
The clubs just going to make loss after loss for the foreseeable, surely now is the time for any billionaire who actually cares about United to swoop in, Gods sake there must be some United supporting billionaires out there, isn't the richest bloke in the UK one?
I don't want the Saudi's or any other state supported owner. I don't want the richest owner in the world who'll pump 300M+ for transfer funds every year. I just want someone at the top willing to invest the money the club actually earns, and cares about the club and its supporters. Gets OT back to being one of the premium stadiums in Europe. Sorts out the whole footballing side of thing, with a properly backed manager. Pays off the debt, and if the club announce profits of 100M, then 100M is available for transfers.
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Post by JamBritRed on Oct 6, 2020 20:47:25 GMT
If they were ever going to fuck off you would think it would be now. Covid showing no sign of going away, cases just rising and rising again in the UK so forget about fans attending games any time soon. This season ends late, the Euro's are on, plus the Olympics (if any of our players are selected), and if Covid still on going then write off any lucrative American/Asian pre season tour; it'll be a couple of pre season games in the UK and Europe. The clubs just going to make loss after loss for the foreseeable, surely now is the time for any billionaire who actually cares about United to swoop in, Gods sake there must be some United supporting billionaires out there, isn't the richest bloke in the UK one? I don't want the Saudi's or any other state supported owner. I don't want the richest owner in the world who'll pump 300M+ for transfer funds every year. I just want someone at the top willing to invest the money the club actually earns, and cares about the club and its supporters. Gets OT back to being one of the premium stadiums in Europe. Sorts out the whole footballing side of thing, with a properly backed manager. Pays off the debt, and if the club announce profits of 100M, then 100M is available for transfers.exactly this! MUFC and probably Bayern (with Juventus entering the pack) are the only clubs that can be self sufficient and operate at the highest rungs of the football pyramid, including funding transfers and wages. if left to it's own devices and led with competent business and technical experts the club would be an unstoppable juggernaut.
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Post by Stretty on Oct 6, 2020 20:54:27 GMT
If they were ever going to fuck off you would think it would be now. Covid showing no sign of going away, cases just rising and rising again in the UK so forget about fans attending games any time soon. This season ends late, the Euro's are on, plus the Olympics (if any of our players are selected), and if Covid still on going then write off any lucrative American/Asian pre season tour; it'll be a couple of pre season games in the UK and Europe. The clubs just going to make loss after loss for the foreseeable, surely now is the time for any billionaire who actually cares about United to swoop in, Gods sake there must be some United supporting billionaires out there, isn't the richest bloke in the UK one? I don't want the Saudi's or any other state supported owner. I don't want the richest owner in the world who'll pump 300M+ for transfer funds every year. I just want someone at the top willing to invest the money the club actually earns, and cares about the club and its supporters. Gets OT back to being one of the premium stadiums in Europe. Sorts out the whole footballing side of thing, with a properly backed manager. Pays off the debt, and if the club announce profits of 100M, then 100M is available for transfers. 100% but I would take the Saudis over the glazers if it had to be one or the other
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Post by juanveron on Oct 7, 2020 5:24:53 GMT
Here’s the thing, we were probably reluctant to pay additional 20-30 million for Sancho, but we’ll pay the Glazers 15-20 million this year in dividends and other “consulting” fees. And this is where it really gets me.
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Post by Karma on Oct 7, 2020 8:11:26 GMT
Duncan Castles latest article in the Daily Star if anyone can post it on why they’re still keen to keep Solskjaer if they can.😬
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Post by ratbag on Oct 7, 2020 21:12:03 GMT
Duncan Castles latest article in the Daily Star if anyone can post it on why they’re still keen to keep Solskjaer if they can.😬 Haven’t read it but my guess would be that he is cheap and doesn’t rock the boat...
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Post by kstandhand on Oct 8, 2020 8:24:42 GMT
Bryan Glazer has converted his b to a shares,same as Kevin Glazer did approximately 12 months ago.
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Post by Stew on Oct 8, 2020 8:28:06 GMT
Man Utd's financial headache Simon Stone BBC Sport Later this month, Manchester United will reveal the full scale of the financial damage caused by Covid-19 when they release their end of year results, which include the period from March to June when the Premier League season was closed down. The losses are going to be eye-watering - and there is no end in sight to the loss of income caused by having to play in an empty stadium, something that costs the club £5m every time they play. In addition to matchday revenue, there was a £20m rebate to TV broadcasters, lost revenue from the megastore being shut for four months, no corporate events being held at the stadium and the lucrative annual tour being scrapped. Excellent.
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Post by kstandhand on Oct 8, 2020 8:32:25 GMT
Man Utd's financial headache Simon Stone BBC Sport Later this month, Manchester United will reveal the full scale of the financial damage caused by Covid-19 when they release their end of year results, which include the period from March to June when the Premier League season was closed down. The losses are going to be eye-watering - and there is no end in sight to the loss of income caused by having to play in an empty stadium, something that costs the club £5m every time they play. In addition to matchday revenue, there was a £20m rebate to TV broadcasters, lost revenue from the megastore being shut for four months, no corporate events being held at the stadium and the lucrative annual tour being scrapped. Excellent. The impending investor call may have already determined OGS's fate.
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Post by ratbag on Oct 8, 2020 8:54:27 GMT
Bryan Glazer has converted his b to a shares,same as Kevin Glazer did approximately 12 months ago. Sorry but cba to go and check what this means. Could you please elucidate?
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Post by kstandhand on Oct 8, 2020 8:58:38 GMT
Bryan Glazer has converted his b to a shares,same as Kevin Glazer did approximately 12 months ago. Sorry but cba to go and check what this means. Could you please elucidate? He losses his voting rights &/or could be getting ready to cash out.
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