MUFC are looking at a budget of about £100m, due to FFP (The Athletic)

Woziak said:
Ok a lot of people are getting confused with FFP (Financial Fair Play) and FSP (Financial sustainability Period) Both are now overlapping but going forward FSP will effectively replace FFP.
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I think most of us (myself included) are using the term "FFP" as a catch-all that includes the new FSP rules, even if technically it's not the correct lingo.
 
The more I look/think about it, the more I think we'll sign a CF, CM and GK each in the 40m-60m range, and then Rabiot on a free makes sense to add. And then in sales bring that total down to the 100m mark which is doable
 
RU Devil said:
It depends on how many actually get sold. If only 3 (including Henderson), probably less than 50. The big ones are Maguire and McFred. If those 3 are sold, we are over 50M.
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Of course. That is the if. And the reason why I'd be happy to see 50m brought in. Because our track record selling unwanted players isn't great.
 
bosnian_red said:
The more I look/think about it, the more I think we'll sign a CF, CM and GK each in the 40m-60m range, and then Rabiot on a free makes sense to add. And then in sales bring that total down to the 100m mark which is doable
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OK so let's go

GK Onana/Costa
CM Mount
CF Hojlund

Still worries me about the lack of goals
 
RedStarUnited said:
Our 90m right-winger needs to start chipping in then right.
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I would naturally expect a much higher goal output from him next season anyway. He showed a lot of good moments, improved as the year went on and looked more of a goal threat imo. Won't be a huge goalscorer, but should be able to get over 10 in the league, and potential for over 15 if he has a flukey finishing season. Garnacho will play more, and he is quality. Rashford can repeat this season (15-20 in the league), Hojlund if he comes as a first season and his age could get 10 league goals, Bruno should get 10, Mount is good for 10 too.

I think it'd be a team where the goals are spread out pretty well, but Rashford definitely the main outlet.
 
InfiniteBoredom said:
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.
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I mean that's the fecking problem though isn't it?

This entire forum was mocking and laughing at Barcelona for some of the crap they were up to last summer with selling their future revenues to balance the books to spend money last summer. This isn't far off it.

For a fanbase that constantly whines like a broken record about "time" and "long term" all of that shit gets instantly drowned out when the choir starts singing about "backing the manager" for short term gain.
 
Skills said:
I mean that's the fecking problem though isn't it?

This entire forum was mocking and laughing at Barcelona for some of the crap they were up to last summer with selling their future revenues to balance the books to spend money last summer. This isn't far off it.
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This is standard accounting practice for every business above your average mom and pop shops, and even some of them probably do use them.

Barca sold off their TV rights earning for a fraction of what it’s worth because they cant meet their fiduciary responsibilities, that’s night and day compared to us.
 
InfiniteBoredom said:
This is standard accounting practice for every business above your average mom and pop shops, and even some of them probably do use them.
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Amortisation is a standard practice.

What isn't standard practice is using amortisation to get around FFP rules, knowing that you'll fall foul to them just a year later because of what you're doing now.
 
Skills said:
Amortisation is a standard practice.

What isn't standard practice is using amortisation to get around FFP rules, knowing that you'll fall foul to them just a year later because of what you're doing now.
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How is this getting around FFP/FSP rule when we are literally complying with them?

When I said we have to find the money in subsequent years, it doesn’t mean we can’t pay for them, it simply means we will either have to sell players to generate funds or have a smaller budget in the future, unless we generate extra revenues. That’s how football clubs operate, you can go on a splurge occasionally and tighten the belt for a couple of years. A club with Utd revenues should be able to spend ~ £100m net annually without risking our financial stability, how we allocate that whether in one or several summers is up to the top brass, but none of what we do is untoward or remotely comparable to the sorry mess that is Barca’s financials.
 
Can't we get our friendy neighbours at City to give us their friendly tips to circumventing this one?
 
croadyman said:
OK so let's go

GK Onana/Costa
CM Mount
CF Hojlund

Still worries me about the lack of goals
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I have to admit, it's a weird window with the targets we are linked with.

I'm not sure how Mount will fit into the squad. Onana was available on a free last summer, and I think he's had some behavioural issues under both EtH and didn't he leave the Cameroon camp during the WC?

Hojlund makes a bit of sense as it seems Kane/Osimhen are unattainable. We're also linked with Kim Min-jae, who would be a good signing but not a priority area?

I'm sort of left scratching my head a little bit.
 
ETH knows what we need most, as he pointed out many times in the interviews - not score enough goals.

I don't really trust the stories until he is heading to Manchester for medical, or our coach speak out of it.

But I can imagine we will go for Rabiot, others like Kim, Mount will depend on how much we get from selling.
 
2Injurytimegoal said:
ETH knows what we need most, as he pointed out many times in the interviews - not score enough goals.

I don't really trust the stories until he is heading to Manchester for medical, or our coach speak out of it.

But I can imagine we will go for Rabiot, others like Kim, Mount will depend on how much we get from selling.
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So if we aren't scoring enough Erik then why did you walk away from signing Kane who is prolific
 
Big Ben Foster said:
I think most of us (myself included) are using the term "FFP" as a catch-all that includes the new FSP rules, even if technically it's not the correct lingo.
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That’s fine but FSP is completely different it means you must prepare the club for the 70% rule coming in 25/26, so the club being bought by SJ who will instantly within 8 weeks of the deal being done , pay the debt, this would add £50m to our budget this season. If SJ takes over and even has only the month of August as owner we are going to go from famine to feast and so many fans and journalists will be retracting what they said because they didn’t understand the biggest issue for transfers was not FFP but club debt and the £35m paid each year to serve the debt!
 
2Injurytimegoal said:
ETH knows what we need most, as he pointed out many times in the interviews - not score enough goals.

I don't really trust the stories until he is heading to Manchester for medical, or our coach speak out of it.

But I can imagine we will go for Rabiot, others like Kim, Mount will depend on how much we get from selling.
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The problem is we're competing with loads of club for their signatures. Bayern want Kim too, he will not wait around.
 
croadyman said:
So if we aren't scoring enough Erik then why did you walk away from signing Kane who is prolific
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Sorry I don't follow this news, did he say this in public.

Kane was a target of REAL too, but now Mbappe is leaving, so I don't know.

There are not many clubs that Kane would go or can afford him: Real, Bayern, PSG and us.

Other EPL clubs either don't need him or he would not go yeah?
 
Ovciously the takeover is the biggest influence on our budget and transfer this summer but if there is a small budget this summer....and it wouldnt surprise me. Often under the current ownership we seem to do a big window, thankfully get relative success with a top four finish......then the next summer have a very under whleming window, its a big reason a lot of managers have failed to build on a decent first season so why woul dit be a surprise now.

If this is the case there are three markets I feel we can still buy some rally good players from:

South AMerican market - We see Vitor Roque moving to Barcelona for £30m, bar the very occasional big sales like Neymar and Viniscus Jr....even the top talent doesnt usually cost much. Its only the las few years some of SOuth Americas best talent has started to play mor ein the premiership.....but its generally been moving from other EUropean leagues. Often see peopl ementioning players like Andre and Varela, we should be looking at getting some of this talent, at the right age, straight from the source. We are probably talkin garound £15m for a lot of these players, similar fees we spend on younger talent here as development signings.

Free Transfers/COntracts Ending in a season.Release Clauses - Players like Rabiot and Thuram mentioned for free.....but there are also lots of players with a year left on there contracts or release clauses......Guler in Turkey is a player that really looks a big talent though maybe ot somebody we need

French market - See recent reports that due to broadcasting backing problems, a few French clubs may be forced to balance the books, Lyon one in the press a fair amount th last day or so and they are looking to offloan Lukeba and Cherki, they also have a young striker looks decent whose name I forget....and they have our ideal signing in Caqueret who would cost less than Mount surely even though not on the sell list and fits what we actually need too....he is already a central midfielder and a damn good one. It appears in the press anyway we are looking at the French market, even though it seems weak links, bee three players recently. I think we could sign 5/6 top quality young Frech players and it woulnt be far over the budget in this thread!
 
I don't believe any of the sources quoting our transfer budget this year, whether it's athletic, Keegan, Stone or anybody else.

Last summer the same people / sources told us that our budget will be no more of £100m and we won't be able to spent more than this if we don't sale. Contrary on the reports we still spent £229 million and this year the situation will be the same.

Nobody has a clue, what is going on behind the scenes.
 
Eplel said:
Athletic does this headline every year.
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Because every year recently the club has lost £100-120m, the budget is correct if no players were sold, last season we sold two homegrown players for £25m; James Garner and Andreas Pereira and that value was then added as a net profit and used for amortised transfer multiply that by 5, the length of a contract and that’s why we spent £220m, same applies this year sell D Henderson, B Williams, A Elanga, E Laird for £40m and we add £200m to the budget.
 
Skills said:
Amortisation is a standard practice.

What isn't standard practice is using amortisation to get around FFP rules, knowing that you'll fall foul to them just a year later because of what you're doing now.
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Not necessarily if SJ and Qatar bought United, they can do what City and PSG did but on a much larger scale we owe about £350m in amortised payments, If they take over August/September.

They could initially pay the club debt of £535m, meaning that there is now no debt attached to club and no interest payments to service the debt. Then they could either pay the amortised debts owed by united to the other clubs or use the new sponsorship deals which boost the revenue to £700-750m and without the current debt saddled around the club we could make a profit of £150-175m per season, so pay that off in yearly chunks. Both of these strategies would make a huge difference to FFP/FSP and allow the club to not be burdened by owners leveraging on debt or taking huge dividends every year.

It’s absolutely correct that this would automatically increase our transfer budget this summer by £50m through clearing the debt.
 
Woziak said:
Because every year recently the club has lost £100-120m, the budget is correct if no players were sold, last season we sold two homegrown players for £25m; James Garner and Andreas Pereira and that value was then added as a net profit and used for amortised transfer multiply that by 5, the length of a contract and that’s why we spent £220m, same applies this year sell D Henderson, B Williams, A Elanga, E Laird for £40m and we add £200m to the budget.
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Add to the sale list Fred, Mctominay , Telles , Bailly , Maguire , De Gea (Release) and for once we can be serious and we may have a rebuilded team.
 
CantonaManc said:
Add to the sale list Fred, Mctominay , Telles , Bailly , Maguire , De Gea (Release) and for once we can be serious and we may have a rebuilded team.
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I think DDG will continue being our No.1 GK for this coming year.
The other players you mentioned will likely stay because we love to hang on to the deadwood.
If Qatar takes over, I expect the deadwood to be let go.
 
sunama said:
I think DDG will continue being our No.1 GK for this coming year.
The other players you mentioned will likely stay because we love to hang on to the deadwood.
If Qatar takes over, I expect the deadwood to be let go.
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God that is depressing
 
CantonaManc said:
I don't believe any of the sources quoting our transfer budget this year, whether it's athletic, Keegan, Stone or anybody else.

Last summer the same people / sources told us that our budget will be no more of £100m and we won't be able to spent more than this if we don't sale. Contrary on the reports we still spent £229 million and this year the situation will be the same.

Nobody has a clue, what is going on behind the scenes.
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Part of the reason for the lower budget this season is because a big chunk of the 2023 budget was spent on Casemiro and Antony. It's the reason that one week it seemed like Rabiot and Arnautovic were coming in but then after losing the first two league games Casemiro and Antony were signed.
 
Infra-red said:
Unfortunately, it is more likely that the sales are being "held back" because the players are on massive wages and aren't very good.
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Probably, but then you see Chelsea being very proactive getting rid of players like Ziyech and you wonder why we can't do the same. It all just smacks of Murtaugh and co sitting on their hands, being reactive rather than proactive, which is annoying given how we're told that sales are key for incoming we might get.
 
jem said:
Probably, but then you see Chelsea being very proactive getting rid of players like Ziyech and you wonder why we can't do the same. It all just smacks of Murtaugh and co sitting on their hands, being reactive rather than proactive, which is annoying given how we're told that sales are key for incoming we might get.
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It helps when you have a friendly buyer!

To be fair, Saudi PIF may yet dig us out of our De Gea hole.
 
FFP limitations are not an issue for the budget. 1. Sign players on loan with mandatory buyout clause. 2. Agree to pay 80% of players being sold. If Qataris are in, money is no issue.
 
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