Understood - so ~ 160-165mm shares outstanding (assuming that includes conversion of all convertible debt, securities, warrants and options)
Therefore owning 1.25% of Class A shares equates to 0.3125% ownership of United.
Our net spend. Can we end up like Barca?
- Thread starter Andycoleno9
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Understood - so ~ 160-165mm shares outstanding (assuming that includes conversion of all convertible debt, securities, warrants and options)
Therefore owning 1.25% of Class A shares equates to 0.3125% ownership of United.
They also got a fortune for Casemiro. In their shoes, it's a great trade.
Our wages are very high as well.
Ronaldo, De Gea, Maguire, Rashford, Martial, Varane, Casemiro, Bruno, Sancho are all on very high wager.
Are we just making up stuff to be worried about now?
Yeah but just from what i recall (and i could be wrong), Barca were paying Messi over a million a week and someone like Griezmann was earning like 880k pw. Ours is high, but in line with other "top clubs". Barca were just next level ridiculous.
Real Madrid isn't comparable though, they generated a ton of revenues thanks to their CL wins and their net spend was around 900M below United's over the last decade.
This fanbase. Don't spend on players. It sucks. Spend on players. It sucks.RM is the best run club even compared to BM. The success they had for the last decade and spending 900M less than us is unbelievable. They have learnt their lesson on galaticos era.
This seasons spent was always required after the way we ended last season and after the exodus of players on a free. If ronaldo leaves, it further reduces our wage bill by a lot.
However , yes, this is unsustainable . We desperately need a good footballing structure which will allow us to pick players on the cheap or approach players / clubs / agents well in advance so that we can strike a deal at reasonable terms and not panic into spending over the odds on deadline day
However , yes, this is unsustainable . We desperately need a good footballing structure which will allow us to pick players on the cheap or approach players / clubs / agents well in advance so that we can strike a deal at reasonable terms and not panic into spending over the odds on deadline day
Spending just the right amount of money on transfers could be disastrous in the long term
The debt was at nearly £600m last I heard, and has cost us a fortune over the years. It should be going down, not up.
If we were debt free and doing well, we'd be able to afford even more spending.
If we were debt free and doing well, we'd be able to afford even more spending.
Even more than transfer fee, we have to become better with wages. Wage structure not only affects the annual bottom line but also significantly determines the future resale value of these players. Buying a player for 100m is not a problem if he can be sold in future for 120m. But it is a problem to buy a player for 30m and have to let him leave for 6m.
Nooo, I want this every time
The way player purchases are accounted for through amortisation allows united to spend like this each summer..take antiny for example.. 100 million euros over 5 years. Basics of it means we account for 20 million of his fee for each year if his contract. Its an odd facet of football clubs but that's how it's done..
United are not under any financial constraints..tbh Barcelona aint either just the league rules have them under pressure
United are not under any financial constraints..tbh Barcelona aint either just the league rules have them under pressure
It's unsustainable for us to spend like we have this summer. It seems that we have gambled for CL football next season and that there will be a catch that we don't know about yet with how it has been funded.
Yeah I have seen a few people say similar and it's all well and good and you're correct this is how the fees are accounted for in the books but it doesn't change the fact that if more is going out than is coming in over a long enough period then that will present a problem eventually.
Don't forget, we've been spending heavily for a decade...how many players are we still "depreciating' that we actually signed two, three, four seasons ago?
Some analysis I saw a few years ago said that we could spend 120 a year or so consistently. Obviously will move around year on year
That is just accounting. The actual payment structure can be anything. We might only take 20m of Antony this year but that means we are paying 20m for varane Sancho and donny