Is there any cost cutting you *wouldn’t* support? Looking at your posts I have a feeling that you’d claim to strongly support any saving, of any amount, for any reason, at any disadvantage to the club. It’s fine to be supportive of the club’s cost-cutting decisions but at least admit that that’s what you are doing- supporting them regardless of what they are. You aren’t looking at each one and making a nuanced judgement are you- it’s just blind support.
Club ownership | Senior management team talk
- Thread starter golden_blunder
- Start date
Is there any cost cutting you *wouldn’t* support? Looking at your posts I have a feeling that you’d claim to strongly support any saving, of any amount, for any reason, at any disadvantage to the club. It’s fine to be supportive of the club’s cost-cutting decisions but at least admit that that’s what you are doing- supporting them regardless of what they are. You aren’t looking at each one and making a nuanced judgement are you- it’s just blind support.
considering how much players are paid, I find this quite frankly utterly disgusting. Doesn't matter how badly it's been run. When the annual savings they are making are less than month's wages of a single player and people are losing their jobs there has to be a better way. We knew things were bad under the Glazers and INEOS may be trying to fix it, but the Glazers are still there and will reap the rewards if this works out. Why SJR is even considering a new stadium while they are attached to the club is anyone's guess. Ultimately though the spotlight is no longer on the Glazers and within a few months INEOS are now (and my opinion, quite rightly) the bad guys. I still don't want a state ownership but a full buyout seems to be the only way to fix this mess.
Yeah I don't want state ownership either but quite frankly what other entity has the wealth to fix things
A good question..... With our "value" and the debt..... Let's face it, it doesn't look good. Another ten years of hurt I think. Just glad I'm old enough to have experienced what I did at this rate.
Jim Ratcliffe is wealthy enough to fix it. As are the Glazers.
There are a lot of people, it's simply about having the desire to do so.
It's about priorities though, isn't it? I think we should find our savings from the first team squad. I do not think we should be sacking hundreds of staff members. Which is to say, if our current cuts to the first team expenditure are not sufficient to make us sustainable then I believe we should cut it further, not get rid of hundreds of staff members.
Seeing as ETH only had 12 months left on his contract before Ineos activated his extra year extension that means the payout was double what it would have been in the summer, ETH wasn’t given a new contract and simply an extension of his existing contract therefore his payout was doubled.
I was working whilst typing earlier so wasn’t fully concentrating but it was around £5 million with Ashworth coming in from Newcastle and his leaving, it was confirmed by United themselves that the cost for ETH and his staff plus Ashworth was around £15 million then BBC Sport who don’t deal in speculation said bringing in Amorim was another £7 million although they didn’t say that also included Amorim’s staff so you’re looking at the best part of £25 million.
All of that after dithering in the summer only to keep ETH and extend his contract then give him £180 million just to get rid of him weeks later then bring in someone who is an ill fit for the squad in place with no money to back him, there is no defending such a financial shambles over the space of literally a few months and is gross mismanagement on Ineos part.
It’s good that there’s a lot of finger pointing towards the Glazers in the media.
They have had a free pass for the last year when this is a mess they started.
They have had a free pass for the last year when this is a mess they started.
At least we are seeing the true meaning of Brailsford's 'marginal gains' shite.
It was never about company wide self-improvement by 1%. It's all about cost cutting and penny saving.
It was never about company wide self-improvement by 1%. It's all about cost cutting and penny saving.
I do realize this but you miss the point of what can actually be done. The players could, if they chose to, enter into an agreement with the club to take certain pay cuts and ring fence that money to protect certain classes of staff from redundancies. I don't agree with you whatsoever that you have to sack a canteen lady on £10 an hour to save £100m a year if other staff in the business are prepared to make sacrifices. There are countless examples of executives and senior management taking pay cuts/freezes to protect staff.
Agreed with the bold part, but I personally would not be able to live with myself earning 350k a week seeing people on minimum wage be sacked through no fault of their own but rather down to football performance that I have a direct input to. Sorting out any problems not within my family isn't really my responsibility either and yet I still donate to charity, do community work etc. The players could, if they chose to, mitigate this problem. Maybe in the background they are doing things and I'll be forced to eat my words.
Luke Shaw earned £6 million in the last calendar year and hasn’t started a single game
That’s the equivalent to 100 members of staff each earning 60 grand a year
That’s the equivalent to 100 members of staff each earning 60 grand a year
It was bound to happen we're an incredibly bloated club in terms of headcount, a higher headcount than any other club in the Premier League.
This is some dumb reductionist logic. When Luke Shaw signed that contract, he was England’s best left back. You could go through the 100 members of staff and not find a single one who is the best excel spreadsheeter or top ranked sock procurement manager in England.
No, which sums up how ridiculously badly they have run the club. Player recruitment has been catastrophic.
That's actually not true, our EBIT over the last few years is negative.
My loathing for them Glazer twats cannot be put adequately into words for what they have done to our club, I despise every single atom of their being that I would quite happily take relegation if
It meant that they were fecked off for good , Jim ain’t covering himself in glory so far but we all know why we are in the absolute state we’re in right now.. absolute scum of the earth
It meant that they were fecked off for good , Jim ain’t covering himself in glory so far but we all know why we are in the absolute state we’re in right now.. absolute scum of the earth
Casemiro's weekly wage would cover the weekly wage of all 500 employees laid off. Crazy!
They should be cutting money from wherever it is being overspent, if Madrid can have 250 less non football all staff then Utd probably have grounds to be letting people go.
They’ve clearly gone down the road of cutting as much as possible and that’s where they have gone over board and aren’t helping themselves.
And another part of it is whether or not we will see recruitment in other areas like data analysis etc where we are behind the curve and will some of these perks/benefits edits be restored over time. I e worked for companies who have undergone similar cost cutting exercises targeting everything and often things are reintroduced over time.
Last edited:
There used to be people defending the Glazers on here. So called finance experts spouting shite like how the debt is manageable and there's no issue with Glazers taking dividends as its their asset and they can do what they want with it.
There's some headlines going around about the free lunches being replaced by soup and bread. Soup Kitchen FC
Stale bread?
Luke Shaw is gutted because he had a scam going with a 12 inch plate.
Still catching up on the last few pages but I'm wondering how this is putting Manchester back in the club? I hate following this club and it has little to do with the results
"While the Premier League itself cannot directly force an owner to sell a club, it can take significant steps to pressure an owner to sell through measures like imposing sanctions for breaching financial fair play rules, implementing a "divestment protocol" to remove "bad" owners, and ultimately working with a proposed independent football regulator that would have the power to force a sale in extreme cases of misconduct or failing to meet ownership standards."
I think these cnuts meet some of these standards.
I think these cnuts meet some of these standards.
I don't think Jim is wealthy enough to bail out 1 billion worth of debt neither fund the stadium through his own means. It's basically flushing a billion down the toilet from a business perspective and then fronting the cost of the stadium against his own assets.
The difference between western owners who have vast wealth and the middle eastern ventures is the latter having disposable liquid funds. Individuals like Jim are asset rich which measures in their NET worth. The situation at United requires liquidity, it's a very unique situation caused by the Glazers negligence.
Look at the boxing landscape, Matchroom, Queensbury, Top rank and PBC would never be able to keep up with Turki Al-Sheikh if he was actually a promoter. United like Sir Jim doesn't need an owner who's wealth is measured across assets only middle eastern ownership rectify every financial issue.
i mean i dont get what point you are trying to make but no i wouldnt want amorim sacked in the summer or have zero signings. But if you are trying to compare amorim with what we knew of EtH going into the summer not remotely the same.
I get why people find my opinion distasteful. I hate what the Glazers have done to our club. But they are still here, not putting one dime into the club. Then you got Ineos, who got a fair part of the club and are running this business. They are very good at turning business who takes loss to profitability.
United has taken 100m losses the last five years. That can’t continue. Worst case scenario is bankruptcy. On top of that the club has a staggering one billion pounds in debt. It’s even getting worse in a couple of years.
The only fix for this is getting leaner, stop taking losses, reduce dept and obviously improve profits.
Even if Ineos had owned all of the club, we would need to be leaner. The debt could be handled better if that was the case. But that’s not the case now. Glazers are the majority owners and Ineos can’t pay off that debt without owning the club. That makes no sense.
That said, Sir Jim put in 300m usd of his own money.
So I get why people find all that’s happening sickening, but that anger should be targeted at those who are responsible. The Glazers.
United has taken 100m losses the last five years. That can’t continue. Worst case scenario is bankruptcy. On top of that the club has a staggering one billion pounds in debt. It’s even getting worse in a couple of years.
The only fix for this is getting leaner, stop taking losses, reduce dept and obviously improve profits.
Even if Ineos had owned all of the club, we would need to be leaner. The debt could be handled better if that was the case. But that’s not the case now. Glazers are the majority owners and Ineos can’t pay off that debt without owning the club. That makes no sense.
That said, Sir Jim put in 300m usd of his own money.
So I get why people find all that’s happening sickening, but that anger should be targeted at those who are responsible. The Glazers.
One thing for certain. Manchester United bring a hell of a lot of income for the UK. It’s vital for the economy that United don’t go bust. Maybe the government need to take this into their hands and take the club off Jim and the Glazers and find someone fit to buy the club.
You'd think that free lunches and hundreds of staff are a drop in the ocean compared to a couple of players salaries
Baffling how "businessmen" run football clubs and what they choose when cutting costs
Baffling how "businessmen" run football clubs and what they choose when cutting costs
I obviously don't want United (or any other football club) to go bust, but the financial and economic magnitude of football clubs is extremely overstated. As far as businesses go, they're relatively small.
You'd think that free lunches and hundreds of staff are a drop in the ocean compared to a couple of players salaries
Baffling how "businessmen" run football clubs and what they choose when cutting costs
You know that we would feck off almost all of our high earners right now if we could. That’s a work in progress.
It's so fecking sad that these cnuts take care of their baby, the Tampa Bay Buccaneers, while they use a much bigger entity, Utd as they play thing. It's just pure profit for them. Asking for 10 billion when the club is only worth 6 maybe 6 and a half is pure fecking evil. Besides Saudi, what one person can afford to drop that much on a club? Only way these two vermin are selling will be to a consortium.
The same guy surely approved £200m worth of signings, including at least 3 on that list (also assuming Ugarte would be quite high on it).
Like the football we're currently dishing up
I am talking about players like Casemiro, Rashford, Sancho, Antony and Eriksen. Players like Shaw, Mount and Maguire also earn lots of money. Shaw and Mount are always injured, so they could have done a good job for us. Maguire has been very good for us and I think it’s okay to keep him on.
I think our window could have been better. But we got some good players as well.
I hope players like Shaw, Rashford, Casemiro, and Mount feel ashamed when they look at their bank account. There's something very wrong about an organisation laying off hundreds of people who depend on their job to keep a roof over their head, whilst useless millionaires continue to pick up their wage because they are untouchable
The work place must be so incredibly toxic. Job cuts everywhere, perks being lost, not looking good on the pitch, a squad that know the club would happily sell most of them if they could.
Would dread going in each morning.
Would dread going in each morning.
If the Glazers taught INEOS anything, it's that they could do what they wanted and people would still buy tickets, merch etc. There's only one way to 'hurt' these people and it's hit them in the pocket...and that's just not going to happen.