Club Sale | It’s done!
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In the latest episode of the United Hour Podcast, Nik (@Rood) and Imran (@Annihilate Now!) look forward to a new life under Ruben Amorim. What system will we be playing? What players will impress? and how will it all go? We also say goodbye to Ruud Van Nistelrooy and review United's 3-0 win at home against Leicester City.
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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.
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 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
Time also seems to be heading into the fourth quarter of a year that the sale has been stretched out for so far
Sell you fecking scumbags!!! You’re going to feck next season right up!
It’s always next week isn’t it
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.
sounds about as useful as the passive aggressive notes Jacob Rees-Mogg left on civil servants desks while they were working from home
He’s been nowhere near this. I’m wondering why he’s suddenly trying to be on it now
Fair play to the protesters. I have been beaten into submission.
I'm generally a bit sceptical as to whether I'm really keen to be represented by these lot but...
Sarcastic booing is my shit. Bit of panto in your Tuesday morning ruckus is definitely how you win me over.
God I am scunnered with this s***e.
Think it's more to do with the fact it'll be year end, rather than them releasing them figures.
Years of people lying about suff for twitter clicks and people still get sucked in.
It will happen when it happens
It will happen when it happens
It's a hostage situation at this point
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.
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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.
It’s always next week isn’t it
Shambles
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!!!
Don’t forget the shale
-$7.4 adjusted earnings per share. Not sure how that transalates overall and cannot find a full piece yet.
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.
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.
Isn’t Qatar also going offline for Eid now as well?
Minus?
I did this on Saturday as part of 3-Peaks. 2am, pitch black with horizontal rain lashing across me. Brutal
Quarterly report will be published here:
https://ir.manutd.com/financial-information/quarterly-reports/2023.aspx
https://ir.manutd.com/financial-information/quarterly-reports/2023.aspx
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.
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?
Feck. Are they going to corner the orange juice market?
Multiple years.
£ to $ exchange rate changes mean debt gone up to £521.5m compared to £489.2m, despite being unchanged over the year at $650m.
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.
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.
What happened to paying off that £200m credit?
Trading places joke?
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.
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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