Install the app
How to install the app on iOS

Follow along with the video below to see how to install our site as a web app on your home screen.

Note: This feature may not be available in some browsers.

  • Participation within this subforum is only available to members who have had 5+ posts approved elsewhere.

Man Utd spent £6.5m (net) a season since Glazer takeover

Status
Not open for further replies.

Uniteds best team was surely the 99 CL winning team, that was superb.

The level of play among the top teams are much higher now as the B-Teams are full of internationals now in big clubs. The 07 team played against much better competetion.
 

My point was that last year United earnt an operating profit of around £35 million. People on here complain that our club spends all the profit we earn, yet here's a club that was recently taken over that is doing nothing of the sort.

This argument about their ground etc. is nonsense as the vast investment in Old Trafford and Carrington was done well before the Glazers came along. Martin Edwards was a fine chairman and built the legacy United now enjoy along with Ferguson.

The Glazers in contrast have contributed nothing to the club, except the £700m debt. All of the expenditure has been funded by increases in ticket prices and the already excellent commercial operation at the club. They're a lot worse than the lot over the park, the only difference being that United are a much stronger club than Liverpool so they can withstand having such a crap owner.
 

My point was that last year United earnt an operating profit of around £35 million. People on here complain that our club spends all the profit we earn, yet here's a club that was recently taken over that is doing nothing of the sort.

This argument about their ground etc. is nonsense as the vast investment in Old Trafford and Carrington was done well before the Glazers came along. Martin Edwards was a fine chairman and built the legacy United now enjoy along with Ferguson.

The Glazers in contrast have contributed nothing to the club, except the £700m debt. All of the expenditure has been funded by increases in ticket prices and the already excellent commercial operation at the club. They're a lot worse than the lot over the park, the only difference being that United are a much stronger club than Liverpool so they can withstand having such a crap owner.

Surely that is why they forked out so much to buy such a strong unit in the first place? The comparison is baloney exactly because of the structure before they bought in, and if ManU are only managing a £35 mill operating profit for a year, just how bad is a £6.7mill loss? As for the debt the club is laden with, have they not chipped over £100 million off it? Ticket prices do go up, and if you are prem and euro champions who is going to complain? Product on the pitch, global brand, big-wig sponsors, corporate beating down your door... All for £35 mill. Better off being one of the top lepers on the board of RBS.
 
I didn't think it required such a leap of faith but I'll try and explain it in simple terms.

People bag Kenright for not investing any of his own money in the club.

Here we have the Glazers who not only aren't investing any of their own money in the club, they're sucking out a large proportion of the organic profit generated to finance the debt they saddled the club with to buy it in the first place.

I guess we should be grateful for anyone willing to run us so long as it isn't BK, the grass always being greener and all that.
 
Did the Glaziers sit in the boys pen? Does Kenwrong have as much money as them? Its not really the same thing is it. Its like comparing boys to girls, apples to oranges.
 
United make a huge amount of money.

We don't.

I suppose ultimately that's the path i'd like us to go down. Being totally facility led, then buying players with the profits.

We'd have to increase our turnover by about 300% though. :unsure:
 

Status
Not open for further replies.

Welcome

Join Grand Old Team to get involved in the Everton discussion. Signing up is quick, easy, and completely free.

Shop

Back
Top