Club Sale | It’s done!

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andy0

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Time also seems to be heading into the fourth quarter of a year that the sale has been stretched out for so far
 

romufc

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It’s always next week isn’t it :lol:

Shambles
Yep, there will be another excuse to delay next week. I cant see this sale being done by he start of the season.

The way its going, we will be lucky to have an answer by January.
 

andy0

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Same group protested some of the hedge funds by putting stickers on their office doors. They were very proud of it in twitter
sounds about as useful as the passive aggressive notes Jacob Rees-Mogg left on civil servants desks while they were working from home
 

DOTA

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BBC are now covering the protest.

https://www.bbc.co.uk/sport/live/football/66023129

Well done to them. Publicity like this is what will annoy the sponsors and, in turn, the useless Glazer cnuts.
I'm generally a bit sceptical as to whether I'm really keen to be represented by these lot but...

The protest was peaceful but there was a police and security presence. A couple of fans were booed in a good-natured way when they emerged from the megastore carrying United branded bags.

Sarcastic booing is my shit. Bit of panto in your Tuesday morning ruckus is definitely how you win me over.
 

strandty

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I'm not too bothered about the 4th quarter closing in a couple of days because it will take them months to get the figures together etc.

The bigger one for me is the 3rd qtr announcement and the AGM on Wednesday.

Perhaps something will come out later in the week, but I still doubt it
Think it's more to do with the fact it'll be year end, rather than them releasing them figures.
 

McGrathsipan

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Years of people lying about suff for twitter clicks and people still get sucked in.

It will happen when it happens
 

JPRouve

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Honestly about this kind of stuff... NO ONE CARES!





It is. Even more baffling is the FA doing feck all about this.

At least the NFL booted Dan Snyder out of Washington.
That's not a good example, not only because Snyder is suspected of literally stealing from the NFL but also participating and encouraging sexual harassment within the organization both of these things are years old issues. And the Commanders aren't even sold yet, the NFL is supposed to vote on it in July 20th.
 

Rightnr

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-$7.4 adjusted earnings per share. Not sure how that transalates overall and cannot find a full piece yet.
 

pauldyson1uk

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nothing about that sale , nothing about transfers, well only the BS we read in the press.
It is shocking , the start of the PL 7 weeks away, that will fly by.
I can seriously see us starting the season , with the same owners and the same fecking team.
The whole United shit show is pathetic right now.
 

Pexbo

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Reminds me of hiking up Scafell Pike in the Lake District. So many feckin false peaks I thought I was going to kill myself after the 4th or 5th!!!
I did this on Saturday as part of 3-Peaks. 2am, pitch black with horizontal rain lashing across me. Brutal
 

Woziak

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4 years
At the speed of light.
110 thousand years of travel at current spaceshuttle speeds.
Good job there a secret space force that use wormhole light speed technology then for the record it would still take 58 days which is quicker than united fans will have to wait to see an end to the ownership saga.
 

Infra-red

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3Q 2023 results are out. Just had a quick scan through. Not much of significance - revolving credit facility balance remains £200m, cash in hand is £73.7m and we have £235m of outstanding transfer fees payable. No dividends have been paid in the past nine months.
 

NK86

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3Q 2023 results are out. Just had a quick scan through. Not much of significance - revolving credit facility balance remains £200m, cash in hand is £73.7m and we have £235m of outstanding transfer fees payable. No dividends have been paid in the past nine months.
Are those 235m to be paid out in this quarter or is it the outstanding to be paid over multiple years?
 

strandty

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Our USD non-current borrowings as of 31 March 2023 were $650 million, which was unchanged from 31 March 2022. As a result of the year-on-year change in the USD/GBP exchange rate from 1.3158 at 31 March 2022 to 1.2369 at 31 March 2023, our non-current borrowings when converted to GBP were £521.5 million, compared to £489.2 million at the prior year quarter.
£ to $ exchange rate changes mean debt gone up to £521.5m compared to £489.2m, despite being unchanged over the year at $650m.
 

711

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Don't sign old players and cast offs
I did this on Saturday as part of 3-Peaks. 2am, pitch black with horizontal rain lashing across me. Brutal
Best time of day to go up the popular hills anyway, they're getting like Oxford Street later in the day.

I like night walking, do it quite often, but with a mate, not sure if I'd think the same on my own.
 

DanClancy

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Weren't they predicting revenue of around £590m after the 1st quarter? Its now going to be £630m-640m which is very impressive considering no CL football.
 

Infra-red

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Weren't they predicting revenue of around £590m after the 1st quarter? Its now going to be £630m-640m which is very impressive considering no CL football.
Yep:

For fiscal 2023, the Company raises its previous revenue guidance from £590 million to £610 million to a record £630 million to £640 million and raises its previous adjusted EBITDA guidance of £125 million to £140 million to £140 million to £150 million.
 

NK86

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Multiple years.
Yup, read the report. Doesn't paint a pretty picture. That 650m is the total loan still outstanding and it does not include the credit facility. I just don't see how can they afford to hold on to us when the loans will only get more expensive, which will have a direct impact on the playing squad and thus revenues as well.
 

Infra-red

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What happened to paying off that £200m credit?
That hasn't happened yet. Q3 guidance:

The outstanding balance of the revolving credit facility as of 31 March 2023 was £200.0 million and total current borrowings including accrued interest payable was £203.7 million. Based on the club's expected seasonal working capital cycle, it is anticipated that the club would have the ability to reduce the balance on the club's facilities to approximately £40 million at 30 June 2023.
 
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