SJR
Where has all this money come from!?
- Thread starter Compton22
- Start date
More debt probably.
Or selling bits of the club and making it look like an investment.
Various bank accounts and lines of credit no doubt.
We can always balance our book with more players sales:
Budget
70m reserved for FDJ
Sell
Maguire - 40m? (Chelsea)
Rashford - 50m? (PSG)
Mctominay - 30m? (every other mid table clubs)
Buy
Casemiro - 60m
Antony - 80m?
RB - 20-30m
Budget
70m reserved for FDJ
Sell
Maguire - 40m? (Chelsea)
Rashford - 50m? (PSG)
Mctominay - 30m? (every other mid table clubs)
Buy
Casemiro - 60m
Antony - 80m?
RB - 20-30m
I suspect they have a budget for each summer (rightly so) and have lost faith FDJ will come this summer meaning some money is now free up.
Plus a lot of noise around transfers is rubbish. I wouldn't read too much into what you read.
Not too much. About 90m in the bank as at the end of last published quarter (Q3). Had about 100m on the company credit card as well ( Covid legacy) which kinda leaves us cashless really. Owe other clubs about 100m net for players bought prior to this transfer window; that's the bitch of paying by installment- it eats into current and future net spend.
But the club is still a pretty good cash generator, and the cash position will continue to improve. A lot will depend on how salaries fair in the current year financial year. A big reduction (no cl and a lot of high earners gone) will boost our cash position. A player sale or two would help immediately.
The club has increased its upper limit on the company credit cards to about 250m (after the Q3 reporting date) and though the credit cards (revolving credit facilities) aren't designed for long term borrowing, it would support a substantial outlay this window as long as payments are made by installment over a number of years. That way the club is really borrowing from future cash availability (future transfer budgets). A massive spend now would require an easing off in future transfer windows.
Yeah, a big spend is doable without a loan or selling a minority stake.
We've always spent a lot of money in the last 10 years, just not wisely enough.
Third quarter it looks lke 95m. The drew down on revolving credit 60m in 2021
I wonder how much in wages they've saved with and how they structured payments on deals
Released:
D’Mani Mellor
Edinson Cavani - 250k pw?
Reece Devine
Lee Grant
Jesse Lingard - 75k pw?
Juan Mata - 160k pw?
Nemanja Matic - 120k pw?
Paul McShane
Paul Pogba - 290k pw?
Connor Stanley
Paul Woolston
Henderson - 100k p/w
Telles - 80k pw
Close to 8m saved?
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Ok thanks for the explanation. So basically credit facilities.
Do you have any idea what our allowance is under FFP?
Seems the Glazers are upto their old tricks of piling more debt into the club in order to buy players and keep hold of the club through fan satisfaction? I imagine once upon a time it would have been feasible for us to spend big without using credit? If other clubs can do it under FFP then that means they've generated enough income Vs expenditure to do so?
Credit. We are borrowing more money. The debt has been ever increasing. Leeches gonna leech.
Panenkas.
It’s all from credit, the club is in crisis and they’ve had to act because whether they want to sell or not they can’t afford to let it continue.
Part cash and possibly part credit.
From Glazers? 
Transfers are rarely paid in lump sums up front.
It's a shallow attempt to placate fans ahead of the protests on Monday
Fear of relegation
Sold a couple NFTs.
It seems pretty obvious that the need for quick, drastic action to salvage the season has sunk in. And I would guess that unfortunately, the money comes out of the transfer kitty that would otherwise have been there for the next windows.
All this money 
what have we spent 300 mils or what???
what have we spent 300 mils or what???The problem with the Glazers has never been about their reluctance to spend, it has been about their total disregard and disinterest in investing their own money into strengthening the organisational underpinnings of this club such as a proper and well thought out recruitment and scouting infrastructure. For the Glazers, money appears to be the band aid solution rather than the beginnings of something sustainable.
I think I read somewhere that we could spend close to £500m without FFP being an issue.
I'd be more concerned with cash flow than with FFP. Hopefully Cliff Baty (the CFO) knows what he's doing.
That's what I don't get. FFP is based on actual income Vs outgoings isn't it? So should we not have £500m in the bank in that case? Where is this money going?
Why are people still surprised clubs fund transfers based on credit? It's fundamental to most clubs transfer business.
We have no idea how much of the transfers we're even paying up front anyway. We've reduced our salaries so that leaves us with some room.
We have no idea how much of the transfers we're even paying up front anyway. We've reduced our salaries so that leaves us with some room.
Its fun but, once again, its just papering over the cracks.
Maybe the plan is to sell off Rashford, Maguire and McTominay to balance the books as soon as we get replacements in, like Antony, Gakpo and another midfielder. It solves the budgetary concerns, as well as settles the squad harmony issue between the Portuguese and English camps.
cashflow has never been as issue for us, but it might be some day if we keep going like we are
the worrying thing is we splash the cash based on a couple of awful results, rather than any meaningful plan
we just need to get these cretin owners out of the club
the worrying thing is we splash the cash based on a couple of awful results, rather than any meaningful plan
we just need to get these cretin owners out of the club
^ All of this.
Agreed. Club is too reactive rather than proactive.
Alice (the blonde lady who talks about Man United on YouTube) is saying that the money for Anthony is from next seasons transfer budget.
She also says what many have on here: the mad transfer activity recently is indicative of the Glazers running scared - so if the protests don't result in new ownership, at least it has helped get new players.
She also says what many have on here: the mad transfer activity recently is indicative of the Glazers running scared - so if the protests don't result in new ownership, at least it has helped get new players.
Obvious answer. They've always done this. Throw the fans a bone to shut them up for a while.
Well put. Lets hope they're trying to protect or inflate the value of the club with a view to a sale.
More debt basically. We will end up having a more leveraged balance sheet. Board will probably refrain us from new signings next couple of windows at least.
Have to try and make some sales - Henderson, Telles, Maguire, Shaw, Garner, Williams, Amad (?), Maguire and Shaw would need to be replaced
Have to try and make some sales - Henderson, Telles, Maguire, Shaw, Garner, Williams, Amad (?), Maguire and Shaw would need to be replaced
......eeeeeew
Amen
Barry
It hasn't materialised yet but there will be a catch if it does. One thing for sure is that it won't come from the Glazer's pocket.
They take us for mugs. Arnoutovic and Rabiot to Cassemeiro FDJ Antony a fullback and a GK.
Turns out we won’t sign all those players after all and the ones we do are only out of Glazer panic and to appease fans and calm protests. Leaches.
Turns out we won’t sign all those players after all and the ones we do are only out of Glazer panic and to appease fans and calm protests. Leaches.