https://www.goal.com/en-gb/news/man...ped-ffp-historic-spending/blte70d28dbe78b95fd
Frustrating, we have wasted so much money.
Frustrating, we have wasted so much money.
Man Utd summer transfer budget capped by FFP due to 'historic spending'
- Thread starter Hammondo
- Start date
Historic spending and the fact we just can't sell players. We pay high price for rubbish whilst barely selling anyone, and those who have been sold go for peanuts.
Wages are far too high and we buy overrated players with little sell on value.
I call bullshit on that article. Very light on the details. How will historic spending affect what we are spending today especially if we keep turning a profit every year after paying for the transfers. FFP is another way for the glazer parasites to not spend a penny and hurt the club.
Journos are getting away with so much nonsense this summer.
Because if I understand correctly its not done on a year-by-year basis, so previous spending has an effect on what we can spend today.
Salaries are our problem….always have been.
We give it ridiculous basic salaries and then have no way of offloading players….
The transfer fee depreciates year on year of the contract but the wages are always constant…..
How do we shift Maguire or Martial? The simple answer is that we don’t unless they are happy to take a big pay cut.
Ground hog day.
We give it ridiculous basic salaries and then have no way of offloading players….
The transfer fee depreciates year on year of the contract but the wages are always constant…..
How do we shift Maguire or Martial? The simple answer is that we don’t unless they are happy to take a big pay cut.
Ground hog day.
It's open season on United, journos loving the rabid fanbase clicks.
Gosh I’m more excited of the possible sales than purchases this summer.
Chelsea have spent like a billion pounds in the last 5 seasons, we've spent maybe half that with way more revenue than them, the rules are clearly fecked
This is fueling the FUD & basically click bait. Getting rid of a bunch of players will clear up wages and spending net 150m => extra 30m/year in amortization cost which can be covered up by the sale of a combo McTominay, Elanga & Henderson.
They used their 8 year contract trick and sell assets pretty high (especially home grown talent).
Why not? Everyone believes everything. Easiest job in the world
Nobody external has a clue about the transfer budget. We get articles like this every summer and the prove to be wrong by the end of the window. If you want the real FFP stories - look no further than City and Chelsea.
The budget, no. Our FFP restrictions, yes. That's something you can assess from the outside.
The bigger point though is that unlike budget pressure, player sales can have a disproportionate impact on easing FFP pressure. And we are going to sell players.
All these restrictions really mean is that a) if we actually had a new owner they wouldn't be able to go on an insane spending spree and b) we might have to sell before we buy some of our targets this summer.
Other than those fairly insconsequential points, we'll likely end up spening about what we normally do in an average summer.
It’s the same cycle. The reporters thought we would have a clear out last summer so reports of a 20m budget without CL and 67m with CL were made. A clear out would mean our true ffp situation would be hidden and they could pretend it was bolstered by those sales. Problem was we spent big and those reports looked ridiculous.
They’ve just applied the same logic to this summer. We are always going to sell players so even if 120m was genuine it’s not the true budget because there would always be sales.
It’s a never ending cycle of shite.
Except for last season our net spend doesn’t seem to go much above 120m if at all.
You have just seen Chelsea sell harvetz for almost the same money they bought him for. In the last 5 years they have made so much more on sales, i bet more than we have made in the past 14 years. That is including the Ronaldo sale.
Such a nothing article. If the budget is capped, any idea what the cap is? How outgoings could affect this? It's literally just a headline, and this cap applies to all other clubs to some degree as well. Just clickbait.
In 2 of those seasons they made a profit from player sales, this season has been insane though with €611.49m spent.
One of those seasons they were banned from making signings though so that isn't surprising.
They had like 220m then nothing then 250m then just Lukaku then 600m. Lukaku seems to be an enormous write off. It just seems like a bit of a faulty system that rewards player sales so much more than other revenue
We were told months ago it's just about 100m without sales.
Goal is a load of trash.
Payment structures of previous transfers still have an impact on future transfers budgets as we could still be paying off fees for Maguire, Sancho etc.
A wonderful article would be to see where each English Premier League club stands with respect to FFP.
I have never seen an article researched along those lines.
Is that because no one has inside access to club balance sheets, no one really knows what FFP actually means, or because calculating that for all PL teams is too much hassle?
I have never seen an article researched along those lines.
Is that because no one has inside access to club balance sheets, no one really knows what FFP actually means, or because calculating that for all PL teams is too much hassle?
I had forgotten about that.
The OP is just a bullcrap viewpost that shouldn't be allowed. But you can't ask for too much from such websites.
They also keep loaning players out until they reach peak value and sell for as much as possible.
We don't really turn a profit after transfers. We spend virtually every penny we make (and more)
Transfer strategy is very simple: we want way too much for our deadwood as we overpaid for them and need to recoup, and we want to pay less for other players as we’ve historically over spent.
It’s a rotten cycle of years of incompetence.
The board doesn’t care if we don’t get the targets we want and have to keep the deadwood on. Expect to see the likes of Fred and Maguire stinking it up next year meanwhile the likes of Kim and Kane will be at Bayern.
It’s a rotten cycle of years of incompetence.
The board doesn’t care if we don’t get the targets we want and have to keep the deadwood on. Expect to see the likes of Fred and Maguire stinking it up next year meanwhile the likes of Kim and Kane will be at Bayern.
This thread from Kieron O’Connor (Swiss Ramble) covers the basics for the biggest clubs in the Premier League and Europe:
goal.com?
It's a nothing article.
It's a nothing article.
Utds turnover is huge but the Glazers love will absolutely love FFP, it is something they welcome as its something that they will very much hide behind
and use an excuse when it comes to spending, probably using their friends in the media to spin the narrative.
and use an excuse when it comes to spending, probably using their friends in the media to spin the narrative.
Linked to being away from the top table and not attracting the best players for footballing reasons. Which is fair and nice to see…spending your way out of trouble isn’t easy and rightly so. If not for high wages why should they come and the circle continues until we change things not solely relying on cash.
While I don't believe exact figures for our transfer budget from goal.com, it's not a far-fetched thought that after years of overspending, underselling and generally not getting any significant trophy money we will one day run into trouble.
Even major sponsors like TeamViewer are backing out, and I don't see a replacement for them yet.
Even major sponsors like TeamViewer are backing out, and I don't see a replacement for them yet.
I love all this tin foil hat-wearing nonsense from our increasingly deranged fanbase.
The FFP situation has been well known for a year, it's not new, it's not journalists 'out to get us' and it's not thread-worthy.
Tbh I doubt it, they've managed to ride off of past successes for quite a while but there's going to come a point where long enough without a title challenge, falling out of the top 4 and we'll stop being as attractive to sponsors. This isn't like Barcelona where they can feck up and know they'll finish top 4 and have just come off a run of having one of the greatest players ever, massive marketing etc.
In this current premier league, City are guaranteed top 4, Newcastle will likely be joining them within a season or two due to their riches and seemingly well run club. It means we'll be competing for top 4 with arsenal, Liverpool and Chelsea all of whom seem better run than us (maybe not Chelsea, but they are clearly willing to spend their way to success and are far better at selling their players)
It's no coincidence that this is when the Glazers are looking to sell the club, we're in a grace period before Newcastle with the Saudi wealth become a second City, when that happens and CL revenues become less frequent for us, the club will lose value. The only way to stay competitive is spending more than the Glazers are willing to, we can't service debt, build a new stadium and improve the facilities as well as build a competitive team without significant investment.
I think the Glazers definitely want out, this is the maximum value they'll get for United, in 5 years time, kids that turn 18 will never have seen us win a title. For anyone who's under 30, they'll have city be the dominant club longer than us. There's only so long that past successes will keep a global appeal. We will fall behind eventually
It actually drives me to the point of defending the Glazers, which is ridiculous.
They have been terrible owners but they have overseen the spending of over £1BN net over the last decade on transfers and hundreds of millions more on industry-leading salaries.
They are guilty of many things, but to claim that funds haven't been made available is simply ridiculous
IF you READ the post carefully, it is directed more at the owners rather than FFP
Don't get me wrong, it's all their fault. Allowing a professional accountant/investment banker to run transfers and footballing decisions until a year ago is the root cause of all of this.
We need to try and sell a lot of players!
Sounds like bull.
Aresnal's turnover is over 200 million less than ours and they spend as much as us and they have no issue spending 100million on Rice whilst we are bargain hunting for Mason Mount
Aresnal's turnover is over 200 million less than ours and they spend as much as us and they have no issue spending 100million on Rice whilst we are bargain hunting for Mason Mount