Fiscal year 2012 includes the January transfer window, doesn't it?
Show of hands....
- Thread starter charlenefan
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Fiscal year 2012 includes the January transfer window, doesn't it?
Yes, it's a little confusing because the US and UK fiscal years are different.
In the UK it's 6 to 5 April so would include next January's window, not January past.
In the US it's 1 Oct to 30 Sep, so that would include last January's but not the forthcoming I think.
Not sure if the IPO document is US or UK.
I just worked off these figures.
Season 12/13
Nick Powell £6,000,000
Shinji Kagawa £12,000,000
Sean Goss £100,000
Total £18,100,000
Ritchie De Laet £1,000,000
Oliver Norwood £400,000
Tomasz Kuszczak Free
Park Ji-Sung £2,500,000
Paul Pogba Free
Total £4,900,000
NET £13,200,000
Actually, scratch all that, I'm talking bollocks.
It seems our 2012 fiscal year ended 30th June 2012. Perhaps because we're a football club, we have different procedures to the standard.
Which puts all those figures in doubt as it would include last summer's signings too.
The whole "we expect our net player capital expenditure for our fiscal year 2012 to be approximately £50 million" seemingly just means they haven't finalised reporting but they expect it to be this based on already existing data.
Essentially, we can't tell anything about potential transfer spend from the IPO document. My bad.
It seems our 2012 fiscal year ended 30th June 2012. Perhaps because we're a football club, we have different procedures to the standard.
Which puts all those figures in doubt as it would include last summer's signings too.
The whole "we expect our net player capital expenditure for our fiscal year 2012 to be approximately £50 million" seemingly just means they haven't finalised reporting but they expect it to be this based on already existing data.
Essentially, we can't tell anything about potential transfer spend from the IPO document. My bad.
Oh right, so Fabio and Fryers can't get a game, but Blackett could be used as back up?
Why don't we just say it's gonna be Evra again for the whole season, no matter how poorly he plays. It might not be ideal, but at least it's an accurate summation of what will probably happen.
I am left wondering just how poorly does Evra actually have to play, before one of our talented youngsters will get a chance? Fabio is having to go on loan for his chance, and Fryers was obviously not prepared to sit as third choice until Evra either collapses to the floor from over use, or simply retires!!!
I imagine that agents' fees are capitalised when players are bought so that needs to be factored into the equation. Legal and professional fees associated with bringing a non-current asset to a usable state are usually capitalised. Having never worked on accounts for a football club I confess to a certain degree of ignorance on the subject, there may be a standard that writes agents' fees off to the profit and loss account but it would go against the general rule.
Actually, scratch all that, I'm talking bollocks.
It seems our 2012 fiscal year ended 30th June 2012. Perhaps because we're a football club, we have different procedures to the standard.
Which puts all those figures in doubt as it would include last summer's signings too.
The whole "we expect our net player capital expenditure for our fiscal year 2012 to be approximately £50 million" seemingly just means they haven't finalised reporting but they expect it to be this based on already existing data.
Essentially, we can't tell anything about potential transfer spend from the IPO document. My bad.
Oh well, worth a shot!
at least we got Kagawa- right age, right price and a player that will improve us.
LB & cover for Carrick please.
Request rejected.
Well I think buying Luke for £30m would be absolute madness. We've got a lot of flair in Kagawa already, in an area where we were short of ideas last year. The thing is I don't see any cover for Carrick available in the market nor a left back, sadly.
No. Actually, it's your stepfather.
Mummy has some explaining to do...
What do you mean by cover though? Someone happy to sit on the bench? Theres plenty of players we can buy to improve us in the centre, either defensively or attacking wise. I still don't understand why we have shown no interest in M'Vila either.
Someone good enough defensively to play alongside Clev, Ando, Scholes etc. in a 4-4-2 and with a lot of drive and energy to deal with the best midfielders in Europe in a 4-3-3 alongside Carrick & co. M'Vila is not good enough.
Apart from an LB possibly I think we are done.
Nor is Anderson.
Fellaini, Moutinho, Witsel to name a few. There are definitely players out there if Fergie sees it as an priority and is willing to spend the money.
Yes he is.
Some tweets from James Ducker from The Times.
James Ducker @DuckerTheTimes
Here's the link to #MUFC IPO roadshow video presentation http://bit.ly/McvWb1 - will post full Times article on it in a bit. Interesting
James Ducker @DuckerTheTimes
In video #MUFC COO M. Bolingbroke says they're anticipating a £40m "net expenditure" this summer but that could mean ... CONTD
James Ducker @DuckerTheTimes
another £40m could still be spent as £15m downpayments on Kagawa and Powell are on course to be offset through sales, loan fees&compensation
James Ducker @DuckerTheTimes
especially if Berbatov - who QPR want - goes and brings in another £5m ish. Hope all that made sense #MUFC
James Ducker @DuckerTheTimes
Here's the link to #MUFC IPO roadshow video presentation http://bit.ly/McvWb1 - will post full Times article on it in a bit. Interesting
James Ducker @DuckerTheTimes
In video #MUFC COO M. Bolingbroke says they're anticipating a £40m "net expenditure" this summer but that could mean ... CONTD
James Ducker @DuckerTheTimes
another £40m could still be spent as £15m downpayments on Kagawa and Powell are on course to be offset through sales, loan fees&compensation
James Ducker @DuckerTheTimes
especially if Berbatov - who QPR want - goes and brings in another £5m ish. Hope all that made sense #MUFC
We also have a 75 million credit facility on top
He really, really isn't. He's so unbelievably over rated on here.
Ploy to sell some shite shares.
Maybe, or you could simply be underrating him.
We're not signing another player for the central midfield. Just forget it. Aint happening. To be honest, if we are going to be using a 3 man central midfield this season then I'm not sure we really need one. Another body would be handy though, sure.
A left back would be nice. But I'm starting to think that won't happen either.
Anderson hasn't done anything to indicate he's going to make it long term here. Sure, every now and again he looks like a World beater but it's not good enough to have a handful of quality performances followed by a handful of 'mares followed by a lengthy spell injured. Then rinse and repeat.
I am still hopeful though.
So obviously Lucas was second choice to Hazard wonder if they'll be a second choice for Lucas or whether this 40m will stay where it is....
Are we done now? I have a feeling someone else is coming
It ain't over til it's over etc.
Based on the Summer so far, I reckon we'll sign 3 more wingers and 2 strikers.
Based on the Summer so far, I reckon we'll sign 3 more wingers and 2 strikers.
I agree. I'm perfectly happy going into the season with the squad we have (I shared the same view before signing RVP), but for some reason I think Fergie has one more up his sleeve.
Yeah I agree, I feel like we'll get a young fullback or something, maybe Clyne. It wouldn't make sense to put Fabio out on loan if he didn't have someone to cover for evra.
Already signed for Southampton
Thanks for posting the Ducker tweets. Seem to have substance.
I reckon there will be one more addition but don't expect it to be a high profile one.
I reckon there will be one more addition but don't expect it to be a high profile one.
I think we need another striker personally