ALL issues relating to the bond issue and club finances

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Cevno said:
The Russians have landed at United: Old Trafford outfit agree multi-million pound sponsorship with dodgy airline

Russian airline Aeroflot is to become an unlikely addition to Manchester United’s global roster of sponsors in a multi-million-pound contract to be announced this summer.

Aeroflot, majority-owned by the Russian Government, will be the official airline of the Premier League champions-elect from next season — taking over from Turkish Airlines.

The choice of Aeroflot from a sponsorship sector in which United would be spoilt for choice seems surprising. The accident-prone former Soviet airline has had a particularly poor safety record over the years — especially on internal flights in Russia.

But Aeroflot have embarked on a major modernisation of their fleet and the huge United sponsorship is seen as a way of overhauling their image around the world. It is also hoped it will improve the reputation of Russia’s airline business as a whole ahead of the 2018 World Cup.

However, it is expected that the sponsorship details will only require the United team to travel with Aeroflot when they fly to and from Moscow. Aeroflot have followed Russian energy giants Gazprom, the Champions League sponsors, into the high-profile European footballhttp://www.dailymail.co.uk/sport/ar...ine-Aeroflot--Charles-Sale-Sports-Agenda.html
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Q. Is there nothing to which we won't stoop?


A. Thankfully not.
 
From what i can see they had a poor poor history till 1990's. But their record since the 2000's has been much better.

Got to also remember some of the regions in Russia can be terrible for flying.
 
More money for the club, lovely. Hopefully it's a better deal than Turkish Airlines.

Hopefully we'll end up signing a monster deal with a Qatari airline in time for their World Cup.
 
Genius Me! said:
More money for the club, lovely. Hopefully it's a better deal than Turkish Airlines.

Hopefully we'll end up signing a monster deal with a Qatari airline in time for their World Cup.
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You think of nothing but money, do you? All those poor Russians dying in dodgy planes supplied by Uncle Mal mean f**k all to you. For shame!
 
With our past related to a major air-crash, you wonder why we would associate ourselves with a carrier that is synonymous with air-crashes. Boggles the mind.
 
sglowrider said:
With our past related to a major air-crash, you wonder why we would associate ourselves with a carrier that is synonymous with air-crashes. Boggles the mind.
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Hopefully it was just a rumor, haven't seen anyone else report it. The money might be good but I would rather stay away from Aeroflot.
 
Cevno said:
Their record in recent times seems much better, tbf.
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Luckily their away record is better than their home. Sounds a bit like our champions league campaigns of the last few years.
 
The timing is right, the Turkish Airlines deal ran for 3.5 years and was signed at the start of 2010. So there was a gap in the roster for the all important "official carrier" position. But it does seem odd that the Daily Mail are the only ones who seem to know anything about it. Given that it has broken, if it is true the club website will surely confirm it soon.
 
Who gives a shit about their domestic safety record. It's Russia, where life is cheap.
 
Will Absolute said:
You think of nothing but money, do you? All those poor Russians dying in dodgy planes supplied by Uncle Mal mean f**k all to you. For shame!
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:lol: not sure if serious? But as long as it's not blood money than who am to question where we get our funds from. And yes, when it comes to the club, money is paramount.
 
sglowrider said:
With our past related to a major air-crash, you wonder why we would associate ourselves with a carrier that is synonymous with air-crashes. Boggles the mind.
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You talk as if they crash a plane on a daily basis.

They have a better record now and as someone else mentioned the condition(not just weather) have always been erratic.

And as the article suggests they might wanna improve their image.

Well I am not advocating or criticizing this deal as I don't know how good it is or what the actual parameters for it are. Just putting a couple of points.
 
German website SPORT1 has crowned us official debt champions of this CL campaign.

Can anyone describe our situation - last time I heard, we were moving away from the debt.
 
Jaap said:
German website SPORT1 has crowned us official debt champions of this CL campaign.

Can anyone describe our situation - last time I heard, we were moving away from the debt.
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The last I heard was that the debt was around 367m GBP.
 
With everyone increasingly praising the Glazers for getting these excellent sponsorship deals to pay off the debt, I'd be interested to know if they're actually doing so. We don't seem to have seen any evidence of the promised reduction using funds from the IPO.
 
Jaap said:
German website SPORT1 has crowned us official debt champions of this CL campaign.

Can anyone describe our situation - last time I heard, we were moving away from the debt.
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We are still hugely in debt, but with an extra 40-50m of guaranteed commercial income on the horizon we should clear the majority of that in the next 5 years.
 
Brightonian said:
With everyone increasingly praising the Glazers for getting these excellent sponsorship deals to pay off the debt, I'd be interested to know if they're actually doing so. We don't seem to have seen any evidence of the promised reduction using funds from the IPO.
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Apart from the fact that the debt has been reduced? (Imo, debt reduction was incidental to the IPO. The Glazers wanted to take out a little cash, and lay the groundwork for dividend payments in the future without controversy. Only a portion of the proceeds of the IPO was earmarked for debt reduction, but that duly took place.)

The German website is talking through its ass. Debt is no longer a serious issue for United.
 
Brightonian said:
With everyone increasingly praising the Glazers for getting these excellent sponsorship deals to pay off the debt, I'd be interested to know if they're actually doing so. We don't seem to have seen any evidence of the promised reduction using funds from the IPO.
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http://www.4-traders.com/MANCHESTER-UNITED-PLC-11217013/financials/

All you need to know is in there (remember they are estimates).

Quick highlight of the debt:

2012 366m

2013e 261m

2014e 139m

2015e 20.4m
 
Sir A1ex said:
Oh noes, we've lost to Madrid again. This time we've lost at money:

The Team To Top: Real Madrid Overtakes Man Utd To Become The Most Valuable Sports Team In The World
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Revenue increased by $16m and their value increased by 76%. Within one f*king year????? Mental.

Someone monumentally messed up last year's figure if this year's is correct.
 
LondonRed said:
Revenue increased by $16m and their value increased by 76%. Within one f*king year????? Mental.

Someone monumentally messed up last year's figure if this year's is correct.
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Yeah, there's something odd about this. The last Forbes estimate had them a long way behind, and now suddenly they're ahead. :eek: Do Forbes actually know what they're talking about?
 
United signs 2-year deal with Japanese gaming firm

Gloop!

MANCHESTER, England (AP) — Manchester United has entered into a two-year sponsorship deal with a Japanese social gaming company as the new English champion looks to capitalize on its status in the Asian country.
United commercial director Richard Arnold says the deal with gloops, a Tokyo-based developer of mobile video games, will "help the club deepen our engagement with many of our 4 million followers in Japan."
United, which clinched a 20th English league title on Monday, will visit Japan as part of its preseason tour this summer.
The Premier League giant says gloops will become its first "social gaming partner, allowing them the right to create and distribute a statistical-based battle card social game in Japan."
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http://newsok.com/united-signs-2-ye...ing-firm/article/feed/532662?custom_click=rss
 
Signed one deal with Vietnam Bank too a few days ago, i read.
 
I just saw this, I don't get it. How in the hell are we doing this? Gaming sponsors, Vietnamese bank, it's crazy.
 
I know people complain about us whoring out the club name, but honestly I couldn't give a flying feck how many Japanese sponsors we have. The only thing that matters now are that the debt is getting lowered and that the ticket prices are stable. Things seem to be on the up and up, and what would be amazing now would be if they club could even offer a token reduction in ticket prices for the 2014/15 season.

Even Drasdo was tweeting today with a positive slant.

Encouraging noises from #MUFC commercial director Richard Arnold .. MUFC can learn from their German counterparts http://bit.ly/11nGyw3
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http://www.sportinglife.com/football/news/article/330/8671587/-

Manchester United commercial director Richard Arnold says the club can learn from their German counterparts about communicating with fans.

Staggering Champions League victories for Bayern Munich and Borussia Dortmund in midweek and the prospect of an all-German final at Wembley on May 25 have shone a light on how differently the Bundesliga operates compared to England.

With cheaper ticket prices, safe standing, match tickets affording free rail travel, a 10 per cent allocation to visiting supporters and, crucially, a competition run at a profit, Germany is viewed as a utopia for football fans.

There are issues Arnold takes exception to.

However, better fan consultation is not amongst them.

"I think some of the work they do on fan communication and fan consultation are areas that we can learn from," said Arnold.

"We will continue to strive to improve in those areas."

Arnold's words are important because once chief executive David Gill stands down at the end of June, he will take over responsibilities for running the day-to-day Old Trafford operation as group managing director, with London-based Ed Woodward dealing with team affairs.

It holds out hope for more interaction between the club and supporters, beyond the current Fans' Forum initiative, which some believe to be ineffective anyway.

Not that United are set to slash ticket prices to German levels any time soon given the vast scale of their support, although they have recently announced a price freeze on season tickets, a blow to revenues that will be cushioned somewhat by a massive new TV deal and the continuing expansion of their sponsorship portfolio.

Contracts with leading Japanese social gaming company gloops and Vietnamese bank BIDV have been announced in the last 48 hours. Yet United's status as football's number one commercial enterprise took a blow earlier this year, when Bayern released figures that showed the German champions' commercial income to be £160million, dwarfing the Red Devils' £117.6million.

"Bayern Munich are a very successful club and very well run," said Arnold.

"But the way they reported their numbers meant their corporate hospitality sales are included in their commercial figures. It means on a like-for-like basis we are significantly larger on our commercial business.

"But there are some things that the German clubs do very well. This year on the pitch. Off it we look for every area of improvement we can. They are no exception to that."

Despite Gill's impending departure, United are set on a long-term course that will not alter and continued success on the pitch, whilst clearly desirable, has only minimal effect in the short-term.

This will be seen when United eventually come to agreeing a new kit manufacturing deal given the present one, with Nike, which nets the club a basic £23.5million a year, runs out in 2015.

It has been claimed Warrior, whose introduction into the footballing sphere has come through Liverpool, are keen to forge ties with United.

Nike's instantly recognisable name puts them in a strong bargaining position, and they are already in an exclusive six-month negotiating period.

However, given United have announced an enormous shirt sponsorship with Chevrolet, and present sponsors AON have agreed to pay £120million over eight years for naming rights to the Carrington complex and the club's training kit, they will expect a massive increase on the current manufacturing contract.

"It is a hugely successful business and the partnership with Nike has been very successful year after year," said Arnold.

"You see the growth we are achieving from the results we report and during the work we did to list the business, you saw the millions of items that are distributed around the world.

"That deal is a hugely important part of our business and it is an exciting time on that front."

Having worked so closely with Gill, there had been some chatter Ferguson might decide to call it a day this summer as well.

That is not going to happen, with all indications that the 71-year-old retains as much enthusiasm as ever on the back of an incredible 13th Premier League title triumph.

Arnold is not minded to discuss when the Scot may eventually step down.

But he is certain the Glazer family will approach the momentous day in exactly the same sure-footed manner they have dealt with most things since their controversial takeover in 2005.

"Continuity, loyalty and teamwork are things that categorise Manchester United on and off the pitch and in every aspect of our business," he said.

"You can't work in any other way.

"One of the areas where our owners have done a fantastic job is making sure those traditions are maintained and we have stability in all aspects of our business.

"It is not for me to say when Sir Alex will or won't stand down but when that time does arrive I don't see why you would expect anything else from Manchester United."
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Edit: thought the bolded bit was very interesting as Bayern is always the one club people claim to be the model to match in terms of commercial income, but he claims we're already above them.
 
Not sure if you thought I was complaining, far from it. I just don't understand it, but I love it because we'll be financial heavyweights compared to the majority of all other clubs. Even if the FFP doesn't kick in how we all hoped, with the premier league adding their own rules to it now only arsenal will be able to compete with us.
 
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