How stupid are Manu?

[Jim Lahey]

Man United are actually the first club to pay players wages.

Others clubs haven't had their wages scrutinised as much as United have this summer.

Correct! Man City and Chelsea pay their players immense wages and aren't nearly a big a club as United are. Yet we get it rubbed in our faces for some reason.

I love it though - even when we're rubbish people can't stop talking about us!

 

[SerenityNigh]

Maybe someone can help me figure this out or make better guesses. Taking the numbers from the FYE June 30, 2013 financial statements, this is what I see:

Commercial revenue assumes a £35m increase in 2014 due to Chevrolet sponsorship and a £37m increase due to the adidas kit deal (don't see AON values reported, but Nike was reported as £38m in commercial revenue). Broadcast revenue from 2013 reports that UEFA revenue is less than 10% (<£36m), so for 2014 I'm assuming £35m in UEFA broadcast revenue on top of £89m in PL revenue. 2015 numbers are obviously lower. Matchday revenue is simply an average of the previous 4 years.

Similarly, expenses are all averages of the prior 4 years + the average change over those 4 years. This seems reasonable, since expenses are climbing, but at relatively modest rates. Finance costs are beyond my ability to estimate, so these are simply averages of the prior 4 years.

Transfer profits are my best attempt to summarize the last 3 windows. These numbers may be incorrect.

In the end, all I can see is a club that might reasonably expect to lose £50m during the 2014FY (which has already ended), and even more in the current season, which is slightly different from Woodward's goal of £90m-£95m profit. Am I missing something substantial?

 

[Fuleco]

Adidas are paying them a month what Umbro gives us a year.

 

[Tramps_mate]

I did read the debt is down to only 348 million.. another 8 years it'll be debt free then the Glazers can sell for 1 billion pounds of pure profit!! (before tax, but im sure they will get round that)

 

[Tramps_mate]

Adidas are paying them a month what Umbro gives us a year.

5-6 million?

 

[Bigmaclad]

VERY

 

[Toffeelover]

Well, that being the case the main thing people remember about Gazza in an England shirt is the tears he cried after realising he was going to miss the semi final of Italia '90 after picking up a stupid booking.

And then they remember the sitter he missed in extra time of the Euro '96 semi.

Rooney?

When he calls it a day the two most remembered things about his international career will be how he played in Euro '04.....and the fact that he is England's all time leading scorer (unless sommat awful happens and his career is ended prematurely before he breaks the record).

When you start comparing Gazza to Wayne at international level it doesn't end well for the Geordie

Pardon me I did not compare the two at all, you did. In respect of Gazza i remember the Scotland game but you seem to focus on silly negative items. If you want to talk about stupid cards then Beckham takes the trophy. In fact the only time I mentioned Gascoigne was in a reply to Pat when I referred to the Scotland game. I think you should read more carefully.

 

[Khalekan]

Pardon me I did not compare the two at all, you did. In respect of Gazza i remember the Scotland game but you seem to focus on silly negative items. If you want to talk about stupid cards then Beckham takes the trophy. In fact the only time I mentioned Gascoigne was in a reply to Pat when I referred to the Scotland game. I think you should read more carefully.

Beckham is a red herring and nowt to do with your rather threadbare argument.

I think you'll find you did mention Gazza in an England shirt and that's what prompted my reply.

If anyone needs to "read more carefully" it is your good self.

But whatever.....Wayne Rooney has been a colossus for England compared to dear old Gazza.

And that goal he scored against the Jocks?

Marvellous goal and no mistake....but the enduring and sadly portentous image of that moment is the celebration afterwards when he recreated the Oriental dentist chair yard of ale incident.

 

[LinekersLegs]

http://www.theguardian.com/football...d-louis-van-gaal-danny-welbeck-radamel-falcao

“It’s not the way I would expect United to go about their business; I thought it would be more controlled,” Neville, an England coach, told TalkSport. “I can’t work it out and I know I worked with Danny Welbeck last week, but it’s odd. I have to admit I thought the Danny Welbeck sale was a strange one, but that’s just me.

“Of all the prices paid this summer, there are right-backs and left-backs galore who have been bought for £14m, £15m, £16m. How have Arsenal got him for £16m? I can’t work it out. It has helped out a competitor because Arsenal are the team they are fighting for fourth.

“I am struggling to work out the logic, I can’t understand it. It’s odd in two or three ways. Falcao tipped them over the edge – it surprised and shocked everyone. How he [Van Gaal] gets them in that team I don’t know. How they get Rooney, Di María, RVP [Van Persie], Falcao, Herrera, Januzaj and Mata into that team I don’t know.

 

[Khalekan]

“Of all the prices paid this summer, there are right-backs and left-backs galore who have been bought for £14m, £15m, £16m. How have Arsenal got him for £16m? I can’t work it out. It has helped out a competitor because Arsenal are the team they are fighting for fourth.

So according to Phil, United and Arsenal will be "fighting for fourth".

I wonder which team he thinks will be third.

 

[moyeslovechild]

So according to Phil, United and Arsenal will be "fighting for fourth".

I wonder which team he thinks will be third.

Gary

 

[LinekersLegs]

So according to Phil, United and Arsenal will be "fighting for fourth".

I wonder which team he thinks will be third.

This was what he predicted in August but he clearly thinks different now, which might explain his bad mood
http://www1.skysports.com/football/...r-united-title-push-not-realistic-this-season

"He is tipping Manchester City, Chelsea, Manchester United and Arsenal to finish inside the top four and does not expect the Anfield club to be in the title mix."

 

[SerenityNigh]

Woodward bank on Manchester United top-three spot, January spree 'unlikely'

"We assume [United will finish] third in our budgets," Woodward said in a conference call to Wall Street analysts.

Ed Woodward has revealed that Manchester United expect to finish in the top three of the Premier League this season, and do not anticipate another huge spending spree in January.

The club's executive vice-chairman said money is available if manager Louis van Gaal wants to buy, but suggested there will not be a repeat of the British record-breaking 153 million-pound spend on six players this summer.

Instead, they have charged the new coach with taking them back into the Champions League with their current squad and believe their wage bill will go down for the 2014-15 year, despite the arrivals of big earners Angel Di Maria and Radamel Falcao.

United revealed record revenues of 433 million pounds for the 2013-14 financial year and anticipate that will drop to between 385 to 395 million pounds in their 2014-15 accounts.

But that is based on a belief that United -- who finished seventh last season and have won none of the first three league games of the current campaign -- will ensure automatic qualification for the 2015-16 Champions League.

"We assume [United will finish] third in our budgets," Woodward said in a conference call to Wall Street analysts.

United broke the British transfer record to bring in 59.7 million-pound winger Di Maria from Real Madrid and embarked on the second most expensive spending spree in one transfer window ever as they loaned Falcao and also bought Luke Shaw, Ander Herrera, Marcos Rojo and Daley Blind.

Juan Mata joined United last January as the previous club-record signing, and while Woodward said he will liaise with manager Van Gaal about recruits in the winter transfer window, he is not planning for another major outlay.

"We don't intend to significantly increase capital expenditure [spending] in January," he added. "We will continue to monitor in association with Louis his view of the squad and which areas we want to strength and which areas we want to sell.

"The usual three in, three out is par for the course in the numbers in and out each year, typically in the summer. I wouldn't have expectations for January but if there is a willingness from the manager, we will engage with him and if there an opportunity, we will try and take that as we did last year with January."

Wages rose by 19 percent in the 2013-14 year but United expect them to fall in the forthcoming year, partly because they will not be paying bonuses to players for competing in the Champions League.

Hemen Tseayo, United's head of corporate finance, said: "We expect total wages to be down, due to the sale, retirement of players and no uplifts due to not playing in the Champions League."

Patrice Evra, Rio Ferdinand and Nemanja Vidic were three of United's biggest earners and left the club this summer, while Ryan Giggs joined the coaching staff.

United are also no longer paying the salaries of players such as Javier Hernandez, Shinji Kagawa, Danny Welbeck and Tom Cleverley.

 

[Pabbers]

Also, since when did Di Maria become a central midfielder ffs ???

Its like the rediculas calls for Rooney to play midfield!!!

 

[Toffeelover]

Beckham is a red herring and nowt to do with your rather threadbare argument.

I think you'll find you did mention Gazza in an England shirt and that's what prompted my reply.

If anyone needs to "read more carefully" it is your good self.

But whatever.....Wayne Rooney has been a colossus for England compared to dear old Gazza.

And that goal he scored against the Jocks?

Marvellous goal and no mistake....but the enduring and sadly portentous image of that moment is the celebration afterwards when he recreated the Oriental dentist chair yard of ale incident.

Look you are pushing Rooney, okay I accept that, but i do not go jumping on you, that is your view. I never said anywhere that gazza was better just referred to that goal and it was you who mentioned about cards. I merely pointed out that Beckham's was sillier.

Exactly what was my threadbare argument??? I never argued anything. Kindly point me to the post that you are referring to, they are all numbered.