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  • #19868 Score: 0
    maverick1973maverick1973
    Participant
    615 pts

    Adlab-City could win 4-0,or 5-0 even.

    #19869 Score: 0
    Chucky McChuckfaceChucky McChuckface
    Participant
    531 pts

    BSC’s aren’t that special, I’ve got one of them. I’ve even got an SSC too, you got one of them, Blueadder?

    #19870 Score: 0
    Anonymous
    Inactive
    102 pts

    Adlab – you do see the irony in putting up a couple of media articles, which you clearly don’t understand the gist of one and fail to notice the Chelsea debt not being shown on another, and then claim it was to stop people believing the media crap about Utd.

    Take a look at the actual accounts. The 2017 year end accounts show a profit of £39m and a fall of nearly £50m in the net debt. A man of your qualifications should really not fall for media crap.

    You really are full of waffle. Silly man.

    #19871 Score: 0
    AdlabAdlab
    Participant
    297 pts

    Chelsea owe Abramovic a fortune. Its debt not equity.
    I was referring you to the latest accounts. But even looking at £39m profits what would that buy. Lets for a moment ignore the current losses.
    Players purchased are amortised over the period of their contract.
    Imagine a player is bought for £100m net of residual value and signs a 5 year contract. That means a charge each year of £20m. Given Utds profit and the devaluation of sterling making interest on debt more expensive, loans are in dollars, £100m spend is really the maximum. That means it is difficult to spend much more without an i rease in turnover which is of course possible.
    The point I am trying to make is that spend is not limitless. There is also FFP!!

    Thats all I have to say. Goodbye

    #19875 Score: 0
    Anonymous
    Inactive
    102 pts

    Come on adlab, even someone with a basic understanding of accounts, let alone a qualified accountant, would know better than to base long term projections on one quarters accounts. Especially one where the major negative point that you are trying to make is based solely on an US tax rate change which has a negative effect in the short term and then should be positive for the club in the long term. You have taken the complete opposite view that the article itself concluded. Hardly objective. Seems more tribal nonsense than a professional opinion.

    But then even your £100m projection is flawed. £39m a year for 5 years is a touch short of £200m. Nearly double your figure. That would exclude wages, which could be made up of players already left and those already confirmed who are leaving. (Ibrahimovic and Carrick). Add in the bloated squad would be trimmed so players on the fringe will be moved on (Mata, Rojo, Blind, Jones and Fellaini) and the wages are more than covered.

    Mourinho has already said, on a number of occasions, that he prefers a smaller squad.

    Doesn’t take a genius.

    Add in the fact that last years £39m profit did not include CL income, increased TV money, extra PL prize money this year, additional sponsorship, soon to be shirt sleave deal and the revenue is only going up. Much as you want to close your eyes to it, but the future revenue for Utd is only going to increase. That increases profit and that will increase what Utd can spend.

    Believe otherwise, but your flawed analysis is myopic tribalism rather than any professional opinion.

    #19876 Score: 0
    nine nine nine
    Moderator
    946 pts

    Re Big Jim you certainly talk for me Ed come back Jim I love reading your posts and you not posting makes the site a lesser place.

    #19877 Score: 0
    nine nine nine
    Moderator
    946 pts

    Adlab , Roman converted the debt to equity but the debt remains on the holding company Fordstam’s books which is owned by Roman. Not sure what it’s got to do with a City v United thread though? ?

    #19880 Score: 0
    Anonymous
    Inactive
    366 pts

    Why must we have this conversation all the time?

    WHO CARES WHERE THE MONEY COMES FROM!

    yes, it’s frustrating when a sugar daddy club outbids you but you’re talking about supporters of mega rich clubs who can afford to buy the best players in the world. BTW, yes Man utd are a mega rich club, debt means nothing. Apple have something like 50+ BILLION worth of debt (or something insane) but the are also the richest, most valuable company on the planet (or there abouts).. it’s really not worth having this discussion.

    it doesn’t matter though when you’re talking about super rich entities and arguing about who’s money has less blood or sugar or whatever on it. What about it is interesting 33 games into a season? A club are currently 1 win away from the title, they have the best manager in the world and play some of the best football on the planet. Tomorrow (technically today) they go head to head with another brilliant team with one of the best managers in the world, who sets up his team to also play some really good, deadly and entertaining football. It says something about the team + manager + staff of the club that even though they go into it 3-0 down from the first leg, that they are not out of it. . . and not the bank balance.

    If anyone has a stone to throw in this discussion, it’s none of the teams who’ve been mentioned in this thread.

    #19883 Score: 0
    Hightown hopeHightown hope
    Participant
    213 pts

    Great post, Mak.

    #19885 Score: 0
    nine nine nine
    Moderator
    946 pts

    I’m not sure why anyone would attack United on revenues created and profits made especially as they are the best at both over many many years.

    #19886 Score: 0
    nine nine nine
    Moderator
    946 pts

    Deleted Bxxxxy tablet!

    #19889 Score: 0
    Chucky McChuckfaceChucky McChuckface
    Participant
    531 pts

    As a pauper on the outside with my nose pressed against the window, does that mean I can throw stones? 🙂

    #19891 Score: 0
    maverick1973maverick1973
    Participant
    615 pts

    You can only throw apples and oranges,but not stones.Back to sleep now.

    #19892 Score: 0
    maverick1973maverick1973
    Participant
    615 pts

    Mak-Spot on pal,City fans should focus on celebrating winning 2 trophies[possibly 3?],not worry about United or any other team.Who cares whose money it is,right? They are all corrupt scumbags who should be attacked by Seans wasps and spiders on daily basis.

    #19894 Score: 0
    Chucky McChuckfaceChucky McChuckface
    Participant
    531 pts

    #19900 Score: 0
    maverick1973maverick1973
    Participant
    615 pts

    10 hours? You lazy,Scandinavian twats! Lucky if I sleep 5 or 6…

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