VP
Full Member
- Joined
- May 19, 2006
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- 11,568
Amazing. What is this club becoming? Favourite is the 'Recent Developments' slide - no mention of coming fecking 7th!
It does amaze me that some people think the Glazers good owners ! That will be the clubs money used to finance transfers, the clubs money used to finance payments on a debt the Glazers incurred and the clubs money used to finance the wims of the Glazer family.
Also true - unlike Abramovich and the Sheikh who have had to dump their own money into their clubs (and have done...) all United really needs to be successful is to have access to some of its own, self generated revenue. We brag about these new sponsorships etc and have a ridiculously high revenue (which is the area that the Glazers have improved dramatically) - but we don't see any of this money. The club generates now at least £100m p/a, yet our spending is barely 50% of that (less if you factor in sales).
Also true - unlike Abramovich and the Sheikh who have had to dump their own money into their clubs (and have done...) all United really needs to be successful is to have access to some of its own, self generated revenue. We brag about these new sponsorships etc and have a ridiculously high revenue (which is the area that the Glazers have improved dramatically) - but we don't see any of this money. The club generates now at least £100m p/a, yet our spending is barely 50% of that (less if you factor in sales).
We've spent about £125m in the last 12 months, with apparently more to be spent in the next two weeks.
I'm pretty sure that 125 is more than 50% of 100.
We've spent about £125m in the last 12 months, with apparently more to be spent in the next two weeks.
I'm pretty sure that 125 is more than 50% of 100.
Yea, I would love to thank them for all the success "they" have brought to the club but they've literally brought nothing and added nothing themselves. The word "parasite" isn't a pleasant one but it really is the perfect descriptive for what they are, the club has pulled them from the financial brink back when their shopping malls where losing them money left and right and its time they invested the clubs money back into the club or risk a backlash.
The new sponsorships and revenue are a product of modern day football and would have come along regardless, we can thank them for all but doubling season ticket prices though I suppose, I have personally already voted with my feet on that one, used to be a regular match goer and could take my lad along without having to justify a small fortune, those days are behind me now.
And yet still the squad is in dire need of reinforcements ! That in its self is very telling of our annual spend previous to our worst season in Premier league history.
It does amaze me that some people think the Glazers good owners ! That will be the clubs money used to finance transfers, the clubs money used to finance payments on a debt the Glazers incurred and the clubs money used to finance the wims of the Glazer family.
Sure, and those last 12 months encompasse 2 seasons worth of spending. Prior to the Fellaini deal last summer our spending was substantially less.
You can do better than that.
Sure, and those last 12 months encompasse 2 seasons worth of spending. Prior to the Fellaini deal last summer our spending was substantially less.
You can do better than that.
That's telling that we've been shit with our purchases.
Remember when LFC spend 70M on Carrol and Co? How we all laugh at them saying they don't spend enough? Double standard at its best.
We've also just wasted a fortune on a sub standard manager who then wasted a fortune on a sub standard midfielder and brought in a player we are now having to shoe horn into a system we don't play.
Moyes appointment had the scent of penny pinching due to his record at Everton and it's backfired royally, his severance pay and the loss we will take on Fellainis almost certain departure could have landed us a top midfielder. The Glazers have lost us a pound to save a penny and it's not the first time either, our deadline day record had been horrific, instead of just stumping up the clubs own cash first off there's fannying around until the last minute when we're forced to overpay due to our dire need of reinforcement.
Do we blame Ferguson alone in all of this ?
There has been a shocking waste of transfer funds in recent years, no question. Although it would be interesting to see the components of net spend (the ins and outs). I have a feeling that ours probably looks even more horrendous in terms of lack of value for money due to the lack of investments in preceding years (the Obertan, Owen type period when the club was still tackling huge debt costs in the aftermath of the credit crunch). The likes of Madrid and Barcelona could recoup money from sales due to prior investment in quality players (Ozil, Fabregas, even Chelsea with Luiz, if I can stretch the definition of quality).
The key thing now the purse strings are being lifted is to improve scouting and, if Woodward demonstrates he is not cut out for the transfer market, to put a DoF in place so we can get deals done more efficiently.
Fergie's always maintained he was given whatever funds he wanted to invest but didn't see the "value" he was looking for in the market, which many of us thought was just him toeing the party line. Now he's retired (and sticking to his story) we've been spending a ton of cash. Perhaps there's no conspiracy here at all? Maybe the Glazers really do make available whatever funds the current manager thinks he needs?
Good grief.As for sticking to his story, he remains on the club payroll so what do you expect?
Good grief.
Regarding "would we have done better under different owners?"
The thing people seem to forget is that when looking at something like this, the effect of the owners is going to be a very delayed effect. When the Glazers took over, SAF had a very good team. Unless the Glazers actively tried to sell off these players, there was little immediate investment needed in order to simply maintain the team at a high level. The spine, structure/core of the team was already there and would continue to be until...well, now (or pretty recently, anyway).
You regurgitating that old spiel.Whats the problem?
Do we blame Ferguson alone in all of this ?
Fergie's always maintained he was given whatever funds he wanted to invest but didn't see the "value" he was looking for in the market, which many of us thought was just him toeing the party line. Now he's retired (and sticking to his story) we've been spending a ton of cash. Perhaps there's no conspiracy here at all? Maybe the Glazers really do make available whatever funds the current manager thinks he needs?
If in fact he did have money, then the other explanation is that he was starting to lose his touch in terms of assessing what was needed to meet the challenge of Europe's elite - that is also plausible in light of some of his later transfer purchases.
Knock the Fellaini deal off then, it's still the basically £100m, and anything we spend in the next two weeks gets added on.
Still a shit load more than the '50% of £100m' you were bemoaning.
Blaming the owners for our current situation is nothing more than lazy, short sighted opportunism.
Wait, what? Are we really reimagining history so much that we now had a good team in the immediate years before the Glazers came?
The years 03-04 and 04-05 are widely regarded as the worst Fergie team since we first won the league in 93. We finished 15 then 18 points behind the winners. This era also exemplified our worst our worst period for transfers - bringing in classics like Bellion. Djema-Djemba, Kleberson, Tim Howard, Alan Smith and Dong. That was a dark period indeed.
Many of our key players from that great team circa 06-09 came after the Glazers takeover - VdS, Evra, Vidic, Park, Nani, Anderson, Carrick, Hargreaves, Tevez. Six of our eleven starters and 3 of our subs in the final in Moscow were bought after the Glazers arrived.
There's enough to dislike about the Glazers without that kind of silliness. Next I'll be reading they introduced the poll tax, shot JFK & built the death star.
Last four seasons.
56,000,000
67,700,000 -- insert Fellaini here
63,000,000
52,900,000
The value of Manchester United doesn't matter if we aren't successful. Yes they are great at getting sponsorship deals, but if the team start failing, they will find it harder and harder to get lucrative deals. These deals are supposed to be used to keep us at the top, not line their pockets. It isn't their money they are giving for transfers it's what they allow the club to give the manager. I am sure they look at their dividend and the shareholders dividend(mainly them) before they come to a transfer budget. It won't be the other way round.Lest people forget, they have also "DOUBLED" the value of Manchester United. They bought us at around 1bn and we're close to 2bn now.
To be fair they have earnt more than their debt.
And lest not forget that as PLC, no boardroom will sanction 150M in 12 months, it could have taken months to finalise a 30M signing.
Lest people forget, they have also "DOUBLED" the value of Manchester United. They bought us at around 1bn and we're close to 2bn now.
To be fair they have earnt more than their debt.
And lest not forget that as PLC, no boardroom will sanction 150M in 12 months, it could have taken months to finalise a 30M signing.
you are calling my reasoning lazy, yet you only care to go back one year - the year in which we have spent the most since the Glazers got here - and use that as a benchmark?
You are suggesting we have averaged over £50m a season of spending, which is plainly rubbish. If you then factor in player sales, which we havent yet, then the figure becomes even more pathetic.
Ultimately you have missed the entire point of my original post anyway, which was that we are only now going to feel the effects of the Glazers' refusal to spend, as it is only now that the team requires serious investment, rather than just a "maintenence" signing every year to add depth to the squad.
We have got by until now as the squad was strong enough to succeed without serious spending - now that the investment is required we will see their true colours, and so far they are coming up well short.
You regurgitating that old spiel.
I'm calling the recent jump on the owners a lazy argument because it is.
People complain about the owners when things aren't going well on the pitch. Then we win the league again and suddenly nobody cares. Then things slump again (inevitably) after we lose our long standing manager and CEO at the same time, and suddenly it's back to blaming the owners.
Money has been made available. Plenty of it. If the manager has spent that on the wrong players that's his fault.
If we wasted money on appointing the wrong manager, who in turn wasted more money on a terrible buy, that's the fault of the manager and the guy who appointed him (sorry SAF, but it's true).
If we're struggling to attract top tier talent now that we have no European football to offer that's not exactly surprising.
There are plenty of things to dislike about the Glazers and their ownership, but it's pathetic the way people start jumping up and down only when we're not winning, and ignore plain facts to simply keep shouting the same propaganda over and over.
That talk of a protest march over a lack of world class signings is embarrassing. Talk about bloody spoilt.
Problem with us recently is we buy too high and sell at a loss. That is the main problem. We get fobbed off with any old rubbish. Why aren't we going for the big name as befits THE BIGGEST CLUB IN THE WORLD. They keep saying we have all these supporters, all these twitterers. It is all brag brag brag and no action. Don't these fans deserve to see the best players or are they just going to watch the CL on TV in the future to see them playing for other teams. They are going to have to change their transfer policy or it will bite them on the bum. The Glazers are just going to invest enough, hoping that we can scrape into the Top 4 each year and nothing more. We will just have to hope we can get a cup win. I am depressed so maybe not thinking straight.And if you look at the previous two, the totals are 27.2m and 21m
Its easy to cherrypick numbers. I am looking at an average from when the Glazers have taken over.
Again this is all moot if we decide to take into account player sales, which in any reasonable argument we should do.
And if you look at the previous two, the totals are 27.2m and 21m
Its easy to cherrypick numbers. I am looking at an average from when the Glazers have taken over.
Again this is all moot if we decide to take into account player sales, which in any reasonable argument we should do.