leonBRO_BOTAthleticoSpizz ….all a bit boo-hoo for the mighty reds, ………..sponsorship monies, full stadium of fans paying big bucks, global souvenir sales etc etc yet cannot raise a team?
Some geezer claiming to be MUs owner (Jimbo someone?) on Five Live tonight saying, without his intervention MU would be broke by November of this year. Same bloke saying MU will be the most profitable team in the ‘universe’ within three years.
Reduced to this^No sympathy (must admit, cannot remember the last time I saw a kid or even his dad wearing the MU shirt in or around Reading lately).No sympathies for any of the ‘top tier’ teams ‘hardships’ tbf
The Glazers bought the club on debt, i.e. zero of their OWN money put in. This has cost UNITED over £1 BILLION in interest payments and barely touched the principle. The Glazers used to take £10 million a year in dividend payments as well. So you have wealthy owners exploiting fans to make more money whilst running the club into the ground, e.g OT leaking stadium, no resources for a women's team etc etc. Hundreds have lost their jobs due to the current cost-cutting. You are not allowed to purchase a club like this anymore (afaik)
Alex Ferguson operated a net gain in player sales/purchases for the period when the Glazers took over in 2005 to when he retired in 2013
They appointed the people to run the club, Woodward, etc, who have torched money with some terrible player purchases. I'm not sure I buy the idea that they alone were responsible for increasing revenue. Other clubs have also made increased revenue, a rising tide, etc
Would just like to see a sale and the debt cleared. Any revenue Utd makes going back into the club rather than interest and the Glazers' back pocket.
Sorry I thought you loved US Capitalism? Leveraged buy outs were all the rage! As is cost cutting, lack of infrastructure investment and getting rid of the little guys whilst over paying for "talent" !!
The primary role of a football club is (shirley) not to maximize shareholder value.
...and If you can show me the socialist (or fascist) state that hasn't been a total fcuking disaster...etc