There’s no way I see us recouping £200m from sales this summer. In fact I’d be amazed if we even recouped £100m. We have to be the worst selling club in the league. Mainly down to the fact we are trying to dispense players who are on huge contracts that buyers won’t match.Okay so we've got £120m to play around with, including another 200m from the sales of Maguire, McTominay, Sancho, Martial, Lindelof, Dalot, Fred, Pellestri, Greenwood, Bailly, Telles, Tuanzebe, Henderson, Van de Beek, Chong, Elanga and Shoretire.
If we spunk £160 on Mbappe and another £160 on Brighton's backroom staff then we'll be title winners by January
Daily prayers will also be needed to keep the entire first team fit and able to play every game.
MUFC are looking at a budget of about £100m, due to FFP (The Athletic)
- Thread starter jamesjimmybyrondean
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Ok I give up on finances. I’ll wait and see who we buy 
Genuinely a worry. There will be plenty more Bolton and Wigans in the next decade or so
They’ll only sit up and take note if it happens to a big club. No disrespect to those other clubs
It's not a farce. It's basic accrual accounting.
It impacts future years as well, so you still have to be careful about how much you spend even if it does "unlock" more spending this summer.
Mount
Rabiot
Hojlund
Sell few players, recoup 80-100 mill, new CB or another CF within the budget
Rabiot
Hojlund
Sell few players, recoup 80-100 mill, new CB or another CF within the budget
Given his purchase price wouldn't Maguire actually be about 20 million on the books at this stage? Might not even get that extra 20m FFP room....
Don't comment on matters you know nothing about then.
Wow. Condescending. Nice.
Ever heard of forums?
Add Fred, Mctominay, Martial and DVB and we could add another £1 billion to the budget.
I think you're right. He signed a 6 year contract when he joined so his book value would be roughly 26m (80 ÷ 6 × 2 remaining years), so we'd have to take a hit there. We'd get some FFP room from his wages (reportedly about 10m / year) falling out. In net terms, not much of a gain.
He's right though - it's not that Henderson being sold would improve our cash position by that much, but that it would have a multiplicative effect on what we're allowed to spend according to FFP rules.Add Fred, Mctominay, Martial and DVB and we could add another £1 billion to the budget.
Accrual accounting is genuinely a worry? So you think a basic accounting principle that was invented over 100 years ago is now suddenly going to be the root cause of football clubs failing? Right.
This isn't aimed at you, but I'm going to defend OP here. His original comment on the impact of player sales on FFP restrictions was completely accurate, and yet it received plenty of ridicule from posters who have a strong opinion on something they know nothing about. I can see why he'd be frustrated about that.
I’d be genuinely interested to know how that works. I said the other players in jest but surely the same could apply to other players we have who have a couple of years left on contract at least?
I think everyone understands selling players improves your FFP position with regards to extra transfer budget. But £100m extra to spend by selling Henderson?
Imagine that poster's reaction when they find out that virtually every business uses these accounting principles!
I guess the only reason we have run close to the FFP limit is Covid followed by no CL.
We should be fine going forward..
and for this window, a few sales would boost the FFP limit quite a bit..
Henderson, Elanga, Williams.. 30-40 m between them would be a very nice boost.
We should be fine going forward..
and for this window, a few sales would boost the FFP limit quite a bit..
Henderson, Elanga, Williams.. 30-40 m between them would be a very nice boost.
Isn’t it a bit rich to talk about condescension when you’re the one who replied with a laughing emoji to something you were completely wrong about due to your financial illiteracy?
The biggest factor is because we spent £300m last summer and a lot of money in the previous 2/3 years too. All of them on chunky contracts.
Who cares about FFP, just ignore it and do deals under the table like City. No one will cares about the rules as long as your winning things.
This biggest gain would be not being able to play the fecker
In very simple and oversimplified terms, since Henderson is an academy product, his book value for us is 0. Selling him would net us 25/30m in FFP for this year, while a £100m signing amortised over 4 years would be £25m for this year, hence selling Henderson would allow us to sign a £100m player within FFP framework.
Of course, you have to find the rest of the money in subsequent years, but for this summer, a few sales can substantially increase what we can spend far beyond the money received.
Yup, I'll explain. Going to keep it simple here, so will ignore wages and one-time fees like signing bonuses and agent fees.
The transfer fee you pay for a player is the value that goes on your books. So you pay £100m for Kane and he's recognized as a £100m asset. He signs a 5 year contract, so that asset value is amortized over the 5 years. In other words, every year his asset value goes down £20m (100/5).
This £20m amortization expense is what gets counted against FFP each year, not the actual transfer fee outlay of £100m. So it's treated as if we're spending 20m this year, 20m next year, and the following three years.
Back to Henderson. Let's say we sell him for £20m this summer. That is an immediate benefit that frees up the £20m FFP space for Kane this year. It doesn't provide a benefit for next year and beyond, so it doesn't mean you can go crazy with spending, but it does give you the near-term FFP flexibility needed to manage this summer's constraints.
Wow.
I posted in JEST about the thought of Henderson being sold and being able to free up that wiggle room. How is that not funny?
Even though we need 5 players, i think we can make do with 3 within a 100-120mn budget
Hojlund - 40
KMJ - 50 (?)
Neves - free
Then we sell our players - Realistically I only see Maguire getting anything ,the rest are dross and will leave for pennies. But if by some miracle we get 30-40mn for the lot we can go for a CDM like Lavia
Hojlund - 40
KMJ - 50 (?)
Neves - free
Then we sell our players - Realistically I only see Maguire getting anything ,the rest are dross and will leave for pennies. But if by some miracle we get 30-40mn for the lot we can go for a CDM like Lavia
Thank you for the clarity in your post, appreciated
Our average net spend over the last 5 years is 122m euros (~£104m) according to Transfermarket (not the most accurate, but a fair idea)
A club with our revenues should be able to afford that..
the dip in revenue is the issue.
https://www.statista.com/statistics/271665/revenue-of-manchester-united/
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Yup, this second paragraph is key. Still have to be wise about how we spend the money, or else we're just kicking the can down the road.
Of course, this summer splurge could still be worth it if you believe the new ownership will bring in a level of revenue growth that will make the constraints less of an issue going forward.
All this talk is a waste as the one thing we have never been good at is letting go of players. That is not changing this summer.
Yeah I was looking for it recently as I heard about it but can't find it.
They're not well known for a sense of humour, that's true.Never upset accountants.
Are you referring to the thread by Messier1994 (SwedishRumble on Twitter)?
I quite liked the noises that we were going for that Swiss keeper at Bayern for a reasonably cheap price. Guess that rumour died an early death
Get the feeling we'll get:
Kim min jae
Rabiot
Mount
New striker
There is some quality in the first three of those players and i guess we'll have to wait and see who the new striker is. No right back or goalkeeper for now though
Agree with posters that are saying that Martial will stay. It just seems logical with his wages and the final year of his contract.
Get the feeling we'll get:
Kim min jae
Rabiot
Mount
New striker
There is some quality in the first three of those players and i guess we'll have to wait and see who the new striker is. No right back or goalkeeper for now though
Agree with posters that are saying that Martial will stay. It just seems logical with his wages and the final year of his contract.
You're either brave or stupid telling him that.
So I see! I’m backing out of this threadNever upset accountants.
The irony of you crying about condescension after someone called out your attempt to mock a poster for posting a basic fact is indeed very funny, yes.
Who gives a shit about FFP? Buy the lot and cry to CAS when a weak effort to ban comes in