Bank projects Manchester United transfer budget is £133m for 2017

£133mil seems a bit high.

For season 2016-17 our net spent was £104mil, for 2015-6 it was £28mil,for 2014-15 it was £102mil.

For some reason people think we spent a lot when we don't.

Chelsea had a net spend over around £90mil in 2005-2006. Real had a net spent of around £150mil in 2009-10 etc etc.

The owners are still screwing us over. It's not just transfers.

Spurs are spending £800mil and rising on a stadium. Liverpool spent over a £100mil on a stand. They are going to spend £50mil on a new training complex. We are standing still on the capital side.
The media and social media muppets think United don't actually drive any revenue and that we still give our players away for free.

Ballbag said we will spend $400m if that's what it takes and he is always right.
 
With regards to the projections. The article is again misleading because it suggests that we will 'run out of money' season by season thereby having a smaller budget.
We should end up with less money to spend. Investment means better players means higher wage budget means less profit means less money to spend.
 
We should end up with less money to spend. Investment means better players means higher wage budget means less profit means less money to spend.

That's the key word, investment. The return we expect is increased revenue from the success we are expecting with the better players, which in turn translates to healthy sponsorships and other streams of commercial revenue, to offset the 'higher wage bill'. For example top 4/ winning EL would bring us extra boost from CL money, not to mention maintaining the extra portion of money from the Adidas deal.

Then there's moving on players like Rooney who is a huge burden on our wage bill and so on and so forth. You cannot just consider the expenditure of money, without considering how we might increase income too when making a projection.
 
Who am I to question a reputable bank like Credit Suisse? But according to their figures, the "net player capex" was £100m in 2016, which is correct. But it says the net player capex was £97m in 2015, which is not correct! (Correct me if I'm wrong!)

In 2015, we bought Depay, Schneiderlin, Darmian and Martial (with other minor purchases), but we sold DiMaria, Javier Hernandez, Nani and RVP. The net spending that year was much less than £97m.

According to this website http://www.transferleague.co.uk/manchester-united/english-football-teams/manchester-united-transfers (I'm not sure how credible it is), our net spending in 2015 was only £28m, which can rise with Martial's clauses, but not to £97m!!!
 
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That's the key word, investment. The return we expect is increased revenue from the success we are expecting with the better players, which in turn translates to healthy sponsorships and other streams of commercial revenue, to offset the 'higher wage bill'. For example top 4/ winning EL would bring us extra boost from CL money, not to mention maintaining the extra portion of money from the Adidas deal.
The brand is pretty strong as it is. I don't think it's going to make that much difference how well we do it competitions. The Adidas deal was signed after Moyes' season, IIRC. We're still living off Fergie's success: we can maintain it, but I don't think we can improve it considerably. It's not like we're a Man City or a Chelsea when they first got money.

Then there's moving on players like Rooney who is a huge burden on our wage bill and so on and so forth. You cannot just consider the expenditure of money, without considering how we might increase income too when making a projection.
No, you can't. But I think our wage bill as a percentage of turnover is going to go up in the next few seasons.
 
What's the evidence? No way our spending exceeds 200£m which is the minimum you'd be looking at if your 5+ incoming is correct.
The evidence that we will spend over £200m:
Out's:
Players out already: Bastian Schweinsteiger, Morgan Schneiderlin, Memphis Depay (3 gone)
Rooney:His agent was in China after the new year, he released a statement only speaking about this season. He's a bit part player on huge wages, he is gone.(1 definitely going)
Zlatan: ACL injury, be back in January and no guarantee he will stay, out of contract needs replaced.(1 more than likely going)
Rojo injury and CB issues: Rojo out to new year ACL injury, can't rely on Jones or Smalling to stay fit. Be surprised if one wasn't sold (1 likely to go)
De Gea: Madrid. Sold his house and expecting him to leave. (strong possibility)
Michael Carrick: Out of contract June, no word of an extension(50/50)
Ashley Young: Another year left, was close to leaving in January(50/50)

In:
Forward 1: Griezmann's adviser Eric Olhat confirmed we are in for him
"There is Manchester United, they told us about their project. They were the first and the most solid in their enquiry." £86m release clause (We are interested, strong possibility)
Forward 2: We have heard Mbappe, Belotti, lukaku being linked. I doubt we will bring in another massive buy but we will need a second forward if Zlatan aint staying.
Winger: Been linked to James and Pjanic, obviously need a replacement for Memphis.
CM 1/ CM 2: Need to replaced Bastian/ Morgan and Carrick could leave. We struggle without Pogba.
CB: Can't rely on the defence, always getting injured. Jones could go, if he was a dog he would have been put down by now. Unreliable.
LB: Luke Shaw injured again and Darmian being poor in his postion, safe to say we will bring in another keeper
Gk: De Gea will need replaced if he goes.

If we buy Griezmann or Mbappe it's more than likely we will spend £200m. There is more and enough evidence to suggest that 5 players could be coming in. I haven't mentioned the question marks over Darmian or Blind's future, I don't get the impression Jose is too keen on them. I'm not saying we will buy a bunch of superstars but in todays market we could easily spend £200m on 5 or 6 players. Is that enough evidence for you.
 
any chance we can get the words "WAR CHEST" in the thread title?
 
The evidence that we will spend over £200m:
Out's:
Players out already: Bastian Schweinsteiger, Morgan Schneiderlin, Memphis Depay (3 gone)
Rooney:His agent was in China after the new year, he released a statement only speaking about this season. He's a bit part player on huge wages, he is gone.(1 definitely going)
Zlatan: ACL injury, be back in January and no guarantee he will stay, out of contract needs replaced.(1 more than likely going)
Rojo injury and CB issues: Rojo out to new year ACL injury, can't rely on Jones or Smalling to stay fit. Be surprised if one wasn't sold (1 likely to go)
De Gea: Madrid. Sold his house and expecting him to leave. (strong possibility)
Michael Carrick: Out of contract June, no word of an extension(50/50)
Ashley Young: Another year left, was close to leaving in January(50/50)

In:
Forward 1: Griezmann's adviser Eric Olhat confirmed we are in for him
"There is Manchester United, they told us about their project. They were the first and the most solid in their enquiry." £86m release clause (We are interested, strong possibility)
Forward 2: We have heard Mbappe, Belotti, lukaku being linked. I doubt we will bring in another massive buy but we will need a second forward if Zlatan aint staying.
Winger: Been linked to James and Pjanic, obviously need a replacement for Memphis.
CM 1/ CM 2: Need to replaced Bastian/ Morgan and Carrick could leave. We struggle without Pogba.
CB: Can't rely on the defence, always getting injured. Jones could go, if he was a dog he would have been put down by now. Unreliable.
LB: Luke Shaw injured again and Darmian being poor in his postion, safe to say we will bring in another keeper
Gk: De Gea will need replaced if he goes.

If we buy Griezmann or Mbappe it's more than likely we will spend £200m. There is more and enough evidence to suggest that 5 players could be coming in. I haven't mentioned the question marks over Darmian or Blind's future, I don't get the impression Jose is too keen on them. I'm not saying we will buy a bunch of superstars but in todays market we could easily spend £200m on 5 or 6 players. Is that enough evidence for you.

Sounds about right. It would make sense for us to nick one of Real's players if De Gea plans on going there. You mentioned James but I don't see him benefiting our team. Hopefully, if we could get one of the following: Morata, Isco, Varane or Casemiro. Kroos and Modric are definitely not gettable.
 
£133m is a lot of money, we could probably get Griezman and still have £45-50m left to spend elsewhere, that's a good budget.
 
The evidence that we will spend over £200m:
Out's:
Players out already: Bastian Schweinsteiger, Morgan Schneiderlin, Memphis Depay (3 gone)
Rooney:His agent was in China after the new year, he released a statement only speaking about this season. He's a bit part player on huge wages, he is gone.(1 definitely going)
Zlatan: ACL injury, be back in January and no guarantee he will stay, out of contract needs replaced.(1 more than likely going)
Rojo injury and CB issues: Rojo out to new year ACL injury, can't rely on Jones or Smalling to stay fit. Be surprised if one wasn't sold (1 likely to go)
De Gea: Madrid. Sold his house and expecting him to leave. (strong possibility)
Michael Carrick: Out of contract June, no word of an extension(50/50)
Ashley Young: Another year left, was close to leaving in January(50/50)

In:
Forward 1: Griezmann's adviser Eric Olhat confirmed we are in for him
"There is Manchester United, they told us about their project. They were the first and the most solid in their enquiry." £86m release clause (We are interested, strong possibility)
Forward 2: We have heard Mbappe, Belotti, lukaku being linked. I doubt we will bring in another massive buy but we will need a second forward if Zlatan aint staying.
Winger: Been linked to James and Pjanic, obviously need a replacement for Memphis.
CM 1/ CM 2: Need to replaced Bastian/ Morgan and Carrick could leave. We struggle without Pogba.
CB: Can't rely on the defence, always getting injured. Jones could go, if he was a dog he would have been put down by now. Unreliable.
LB: Luke Shaw injured again and Darmian being poor in his postion, safe to say we will bring in another keeper
Gk: De Gea will need replaced if he goes.

If we buy Griezmann or Mbappe it's more than likely we will spend £200m. There is more and enough evidence to suggest that 5 players could be coming in. I haven't mentioned the question marks over Darmian or Blind's future, I don't get the impression Jose is too keen on them. I'm not saying we will buy a bunch of superstars but in todays market we could easily spend £200m on 5 or 6 players. Is that enough evidence for you.
Well no, not really. It's all complete conjecture. Has a big club ever brought in 5/6 players in one window and gone on to win stuff that season? Sounds incredibly disruptive.
 
@Nanook @prath92 thanks guys

So I'm seeing this as validating my views on our transfer dealings - I'm not bothered by the fees we spend. Especially with all the effort being put into sponsorships and partnerships I imagine Woodward and the financial team are getting us into strong monetary position taking advantage of our global brand. If they can make the numbers work then (ideally without exorbitant ticket prices ...which is minor in our revenue no?) then please spend whatever the manager wants.
 
Well no, not really. It's all complete conjecture. Has a big club ever brought in 5/6 players in one window and gone on to win stuff that season? Sounds incredibly disruptive.
What a great informative counter argument on why it won't happen, don't quote me again.
 
£133m is a lot of money, we could probably get Griezman and still have £45-50m left to spend elsewhere, that's a good budget.
£133m is a lot of money no doubt. But if we are getting griezzman at the reported figures then that remaining £45-50m won't be enough to bring in another 2,3 or 4 key players in the positions we all imagine Jose will want to improve. I still think we will spend closer to £200m and make at least another 3 £30-40m signings as well. I can't imagine even saying that just 5 years ago. The money being sloshed about is frankly obscene.
 
WUM ha ha.
Are you ill? Do you know what the word evidence actually means? All you've provided is rumours from the tabloids and suggestions as to what YOU think needs to happen. How the feck does that constitute evidence? Some people are thick as pig shit.
 
£133m is a lot of money no doubt. But if we are getting griezzman at the reported figures then that remaining £45-50m won't be enough to bring in another 2,3 or 4 key players in the positions we all imagine Jose will want to improve. I still think we will spend closer to £200m and make at least another 3 £30-40m signings as well. I can't imagine even saying that just 5 years ago. The money being sloshed about is frankly obscene.
If we sell a few players, we can up those 133m. 3 or 4 surplus to requirements players should really up our war chest to 200m, if we do good business. You can definitely get some 15m for players like Jones, Rooney, Januzaj or Young, if the right buyer is found (for the older players China, USA..). Add some 5m deals for current loanees like Guillermo Varela, and we should reach those 200m
 
I'm pretty sure we'll spend a lot more than 133. I'm guessing 200

Net? We got about 40 million from Schneiderlin and Depay. That would be 240m, sounds too much. 133+40=173m is already enough.
 
Net? We got about 40 million from Schneiderlin and Depay. That would be 240m, sounds too much. 133+40=173m is already enough.
I think the Summer and January transfers are treated as part of same year i.e. Schneiderlin and Depay are included in 2016, otherwise the number for 2016 (pogba + bailly+Mkhi) would be higher than £100m
 
Do you have more info on this?
This year’s figures include the new kit supplier agreement with Adidas, which is worth £750 million over the next 10 years, i.e. £75 million a year. This is £50 million higher than the previous Nike deal. Not only that, but it has allowed the club to take control of various activities, e.g. they have brought the management of the Old Trafford Megastore in-house and signed a number of lucrative licensing deals.

There are success clauses are built into this contract, e.g. if United fail to participate in the Champions League for two or more consecutive seasons, then the payment for that year would reduce up to 30%, i.e. £22.5 million, though this would be spread over the remainder of the contract. On the other hand, success in the Premier League, FA Cup or Champions League would bring an additional maximum of £4 million.

18%2BManchester%2BUnited%2BKit%2BSupplier%2B2016.jpg


Nevertheless, it is still an astonishing deal, significantly higher than the £30 million agreements at Arsenal (PUMA) and Chelsea (Adidas), though Chelsea will switch to Nike for £60 million from the 2017/18 season.

At the time it was signed, United describe theirs as the “largest kit manufacture sponsorship deal in sport”, though it has since been reportedly overtaken by new agreements signed by Barcelona (Nike) and Real Madrid (Adidas), which would be worth £125 million and £115 million respectively (at the current exchange rate).

http://swissramble.blogspot.co.uk/2016/09/manchester-united-power-in-darkness.html?m=1
 
Ok, so basically you miss out on 22.5m for next season if you don't qualify.
 
I agree. I think it'll be something along the lines of:

In:
LB: £25m-£40m
CB: £25m-£40m
CM: £25m-£40m
CM: £25m-£40m
RW: £35m-£40m
ST: £60-£90m

Min: £195m
Max: £290m

Out:
Rooney: £?? (Look to clear around £15m off the books in wages)
Smalling/Jones: £20m

Just looking through the squad and it's actually difficult to see us letting many go this summer. More likely to bring in players first, go into the season with a big squad and assess in January and sell then like we did this season.

I thinkwe wont buy 2 cm's and nither a lb while we get 2 attacking players
 
Net, would be a mammoth budget, sure it comes with the caveat of CL football though, but if we don't arse an open goal up then it'll be all good.
 
Yes but its spread out over the whole deal so instead of getting 75m it would be 72m I think

Ok, got you. So the deal comes down a little overall. Not much difference between 72 million and 75 million per year really. Does the next two-year penalty start from scratch this season or will you be hit with not being in CL again in 2018 should you not make it next May either?
 
Ok, got you. So the deal comes down a little overall. Not much difference between 72 million and 75 million per year really. Does the next two-year penalty start from scratch this season or will you be hit with not being in CL again in 2018 should you not make it next May either?
I think it would go down to £69m if we miss it next season as well. I'm not sure though
 
If we sold Rooney, Young, Jones, Darmian and Januzaj on top of the £40 million we got for Schneiderlin and Depay then the wages saved weekly from Schweinsteiger and most likely Zlatan not being renewed then I'd say £133 net spend for the summer may be quite low.

To replace Zlatan will cost unless we go with Rashford as first choice which is a realistic possibility if we sign Griezmann and bought an alternative to Rashford instead of a first choice as Zlatan was/is. We also need an alternative right back, a quality centre back, an alternative left back if we keep Shaw and replacement if he's sold, a defensive midfielder and a left sided forward unless Jose is going to go with Martial and Lingard for that role.
 
£133m is a lot of money, we could probably get Griezman and still have £45-50m left to spend elsewhere, that's a good budget.

£133m nowadays is more like £50m 5/6 years ago. I could see us spending nearer to £200m than the £133m. There could be some huge wage bills freed up from Scweisteigers move, Rooney and Ibrahimovic possibly leaving for big new signings and I think with the possible number of exits this summer, possibly any of De Gea, Smalling, Jones, Young, Shaw, Darmian, Blind, Carrick, Fellaini (I wish anyway)

Id love to see 6/7 players in and the same amount out personally as I think the team needs improving, the squad is already there, but I doubt it will all happen in one window