one year season ticket

[hyderedphil]

Utd now pushing a one year season ticket in East tier 2 or the south stand.Think they are becoming desperate to get rid.

[Sky Sports 1]

Read this:

Man Utd launch one-year season ticket
Manchester United have launched a new ’one-year’ season ticket in an effort to satisfy long-term demand at the expanded 76,000-capacity Old Trafford.

After failing to win the Premier League title or make any significant impact in Europe over the past three seasons, many pundits claimed the Red Devils would struggle to fill the stadium with the capacity increased by 8,000 seats at a cost of £39m (€56.2m).

Those fears have only been enhanced by the requirement for new season ticket holders to join the automati cup scheme, which forces them to purchase seats for all cup games regardless of the opposition.

The lack of incoming transfer activity and continuing uncertainty over the futures of Ruud van Nistelrooy and Cristiano Ronaldo is casting a further shadow over Alex Ferguson’s squad ahead of the new campaign.

However, far from finding interest in the club dwindling, United have been overwhelmed by the response.

With all 52,000 available season tickets snapped up, club officials did consider just releasing more, even though, because of regulations surrounding visiting allocations for domestic cup ties, admission to the stadium for all games could not be guaranteed.

Instead, the extra tickets, which do not carry an automatic right to renewal, will be offered on a ’first-come-first-served’ basis to existing members, with the names of the successful applicants being placed at the top of a waiting list for subsequent campaigns.

www.eecho.ie/news/bstory.asp?j=188216776&p=y88zy748z&n=188217536
and read into it what you like...

[akane1984]

am probably being stupid but if i get season ticket am i eligable to get tickets for friends to come sit beside me?>??

[onenedkelly]

Suppose you want them for free too?

No mate United don't offer such services, I know you can pick where you sit at the Villa with so many empties

evilmunk3y said:

am probably being stupid but if i get season ticket am i eligable to get tickets for friends to come sit beside me?>??

[Busby Boy]

This is to satisfy the phenomenal demand not a sign of the demand for tickets at OT dying. It's good news for the club.

[rewdie]

lol spot on adz, theres huge demand so they have come up with this scheme to satisfy the need, i read bout it somwhere where they explained it from Uniteds point of vew, not the rest of the population who are anti united for reasons beyond me, though it will turn to chelsea and we will get a break lol

[Busby Boy]

I like it when we are hated, it spurs the team on and if Ronaldo returns as is expected it will spur him on too.

Anyways I'm rambling. The ticket sales are boosting United's income which is good news but as well as that Glazer is in the process of refinancing his debts a second time if some reports are to be believed, this will reduce the debts further more.

[agricola]

mufcadz said:

but as well as that Glazer is in the process of refinancing his debts a second time if some reports are to be believed, this will reduce the debts further more.

reduce the debt??? how do you work that out?

this is from the MEN

"UNITED owner Malcolm Glazer is plotting a huge new financial deal that will pay off the club's debts but also "mortgage its future" according to opponents of the American tycoon.

M.E.N. Sport understands United are set to almost double the £254m of debt sitting against the club's name - but in return will be able to get rid of the current high-interest loans which would have led the club into a debt minefield."

[Busby Boy]

The high interest loans will be paid off and replaced by loans with less interest rates therefore cutting the debts, even though only slightly!

[missunited]

agricola said:

mufcadz said:

but as well as that Glazer is in the process of refinancing his debts a second time if some reports are to be believed, this will reduce the debts further more.

reduce the debt??? how do you work that out?

this is from the MEN

"UNITED owner Malcolm Glazer is plotting a huge new financial deal that will pay off the club's debts but also "mortgage its future" according to opponents of the American tycoon.

M.E.N. Sport understands United are set to almost double the £254m of debt sitting against the club's name - but in return will be able to get rid of the current high-interest loans which would have led the club into a debt minefield."

Adz is right as that will reduce the debt. Also, although the debt sitting against the clubs name is only £254 mill (apparently), this isn't the reality as the Glazers have a higher debt than this and their personal finances also reflects on the club. It might sound a lot when the debt is "doubled" but there's a lot of factors to be taken into consideration.

[agricola]

they are intending to pay off the high interest loans by taking out bigger loans to cover the penalties and interest already accrued on the high interest loans

the new loans therefor have to be for more than the old (high interest) loans, the financial experts at the MEN think this will DOUBLE the debt

[onenedkelly]

Agricola from 606 Alright pal, I used to post as RooneysTheWhitePele on 606 Welcome to the forum mate

agricola said:

they are intending to pay off the high interest loans by taking out bigger loans to cover the penalties and interest already accrued on the high interest loans

the new loans therefor have to be for more than the old (high interest) loans, the financial experts at the MEN think this will DOUBLE the debt

[agricola]

hi ned, having fun? no berties to p.o. here

as ned probably remembers, i'm an accountant btw

[missunited]

agricola said:

hi ned, having fun? no berties to p.o. here

as ned probably remembers, i'm an accountant btw

And as an accountant is your speciaslist field Business finances or the finances of the Glazers?

I'm not saying you don't know what you're talking about. Just saying it isn't that straight forward.

[agricola]

explain it to me ...show me the error of my ways

have you read the full article in the MEN?