That £100m warchest that was talked about a couple of months ago

Crustanoid

New Member
Joined
Feb 14, 2008
Messages
18,511
You know...the one being reportedly promised to Rooney after signing his new contract.


Is it about to be opened? :drool:
 
Nah Holloway will be getting a fracas tub.

Haven't listened to that podcast, I'm sure all theirs were much better.
 
The Football Ramble podcast came up with a range of transfer repositories, to fit all budgets. Ian Holloway will be lucky to get a Battle Box.

You just made me remember them all :lol::lol:
 
If it is in place I'm sure it will be used during the summer

No need at the moment
 
:lol: this thread is a muppet's dream.

If we do any business in January it will be quietly and not for the start that you all crave.

I personally don't think we will do any business until the Summer.
 
Bad news folks, Hargreave's medical bills mean there's only £5.80 left

Which might just be enough to sign Emile Heskey, can do a job and all that (cleaning the toilets perhaps?)
 
OK maybe the 100m figure might have been wrong. I think we were supposed to be buying 11 new players or maybe it was 10 and Rooney
 
I'd imagine that we'll probably next hear about the 'war chest' on February 1st.
 
Fergie is trying to blood youngsters and develop another successful team with that young talent as it's nucleus. You don't get to that stage by buying a shed load of expensive player's mid-season after 6 months ago vowing to stick with the player's at his disposal.

Whether that sort of sum is available to spend on improving the squad is open to debate(I think not, certainly at that level anyway), Fergie spending it is another kettle of fish completely though.

We'll keep our powder dry until the summer when I expect an exodus of some established player's. In the meantime I think SAF will go with what he's got and continue improving the young talent at his disposal which he's made clear represents our future(quite rightly IMO).
 
I'd imagine that we'll probably next hear about the 'war chest' on February 1st.

Yup. I'm sure that's the date we'll also hear that we "just missed out" on a number of players that went elsewhere.
 
Fergie is trying to blood youngsters and develop another successful team with that young talent as it's nucleus. You don't get to that stage by buying a shed load of expensive player's mid-season after 6 months ago vowing to stick with the player's at his disposal.

Whether that sort of sum is available to spend on improving the squad is open to debate(I think not, certainly at that level anyway), Fergie spending it is another kettle of fish completely though.

We'll keep our powder dry until the summer when I expect an exodus of some established player's. In the meantime I think SAF will go with what he's got and continue improving the young talent at his disposal which he's made clear represents our future(quite rightly IMO).

That's all well and good but we / Rooney needs those extra 10 players in the next month or so. I'm imagining it's Pato, Messi, Aguerro, Casillas, Alvez, Xavi, Essien, Fabregas, Ronaldo and Bramble
 
You mean, that;s the only one Goal.com have picked up on. Carlos / Gill and the scouts are steathily sealing the deals for the other nine as we speak and come Jan 1st it'll all go mainstream and the signings will be unveiled
 
You cannot possibly know that we have £150m allocated for transfers.

It's available for the club to use as it sees fit. That might include buying back some of the bonds and funding major capital investment projects but there can be no doubt that there is an extremely significant amount of cash available to sign players.

It certainly won't be used to repay the Glazers PIK debt as some devious individuals had said would be the case.
 
Which is why I say it's where it will stay.

It might well stay at that sort of level for the forseeable future. It's worth pointing out that the club has c. £50m per annum available for capital expenditure on players and facilities from its operating activities. So the cash balance will rise to c. £200m at the end of this financial year if it isn't utilised.
 
It's available for the club to use as it sees fit. That might include buying back some of the bonds and funding major capital investment projects but there can be no doubt that there is an extremely significant amount of cash available to sign players.

It certainly won't be used to repay the Glazers PIK debt as some devious individuals had said would be the case.

I don't claim to be an expert on the accounts and realise that business models often operate with substantial debt but if I have 2 bank accounts, 1 of them overdrawn by £500 and the other one with £50 I could quite easily claim that I had enough money for a night out but in reality, it would be foolish to.

That's pretty much what we seem to have at Utd-an account with the 'war chest' money in it and the consistent message that it is available for transfers, yet still owing hundreds of million in another.

You can argue for a long time as to whether it's really for transfers or even if we need to spend it but how can you so sure that it won't be used to pay some form debt? At the very least it's probably our transfer budget for 5 or so years (of course I have no evidence of this) and as soon as it's gone, there'll be no more funds without sales to players. Without going over the figures and repeating what's been said a million times, the whole £25 million budget a year with a 'massive' signing every few years and adding the Ronaldo money would (off the top of my head with taking away transfers in) equal a war chest pretty fecking large that isn't really being dipped into.

Again not saying we need to spend big and maybe SAF doesn't want to but how can you be so sure it's available? With every window that goes past and every decent player we 'miss out' on it's beginning to look more and more like the Emperor's New Clothes.
 
Whether the 100million squids exist or not, its a perfect public relations stunt that suits all parties involved from Rooney to the Glazers. (Who would make public their "war chest" anyway -- its not like we dont pay over the odds at the moment.) Fergie may even get more than he would have available at this rate.
 
It's New January transfer Windows Eve. I for one will be cracking the bubbly open tonight
 
spend the whole hundred on ronnie if he goes potless (hopefully) again this year. Surely he'll get even more frustrated and possibly get his head turned.

I get the impression he's more likely to leave if he achieves everything he sets out to at Madrid.

Surely ending the Barca wan*fest is a better idea.
 
SAF has said repeatedly that if the right player becomes available at the right price we'll be in for them. Though the only positions where an established star could walk into the team are probably GK & CM.

Once we've signed Neuer & Modric I reckon that will be it (though we might take a punt on Hazard at the right price)

;o)