This comment is correct. Didn't their revenue drop due to not progressing into the knockout stages of the CL? I'm not sure how much of this is true, but haven't their cash reserves decreased from £165 million in early 2011 to £25 million in the summer of this year?
Remember that transfer spending in football is done on an amortisation basis. If you spend £60 million you don't make a £60 million loss, you make a loss of £12 million a year for the next five years as the value of the contracts are amortised from the balance sheet. So whilst we are gaining £12 million in amortisation charges this year, we are also losing a whole load of charges as the amortisation charges for Nani, Anderson and Berbatov are now finished with.
They only expect revenue to drop because of our early exit from the champions league compared to reaching the final the year before and for our failure to win a major trophy, again compared to the year before. They don't expect a massive difference and revenue is expected to be back up not only on last year, but the year befores figures pretty soon.
They are going to drop to around £315million. We are also adding over 100million a year to our revenues in the coming years and with natural growth by 2015 we will have revenues of around half a billion.
I may be wrong but I'd say it's highly unlikely there'll be a one off payment on any new shirt deal. These deals are normally done on an annual payment basis so whilst you would increase revenue through a new sponsorship deal it may only be £25mil a year which would still leave a deficit especially given the fact that these bonds are due to mature in 2017 and this will again remove cash from the club as people look to cash them in - It's all swings and round abouts but the basics of it are, unless united get a buy out in place before 2017, you could find yet nore debt leveraged against the club to subsidise the bond shortfall (If, of course there is any shortfall)
Where is the £100milion a year coming from? You can't just throw random figures out and hope no one quesitons them!
And what is going to drop to £315mil? Mate you're starting to ramble now! Clarify what your figures relate to so the rest of us can decipher what the hell you are going on about
Add the 100million plus we will have from tv, shirt and kit sponsors, a relatively good season and its 500million. Most of the deals are already secured so its not just estimates.
Current tv shirt and kit income 113million 2015 they will be over 200million. Thats what happens when you double your current deal. Oh and lets not forget the 75million activation fee paid in 2015 for the Chevrolet shirt deal. Do the maths sunshine, if you actually can.
UIR you're baffling me with bullshit here. Revenue has to be used to cover all costs of a club right? So whilst you 'claim' your club may make £500mil in 2014 (Which doesn't look like it will) take away the expenses and you then have profit/loss. Now, what was last years profit? That is basically what a club can spend under the FFP more or less. If your club only makes £30mil you only have £30mil to spend. You can amortise all you like but if you keep planning on CL qualification and progressing to the final every year, you will suffer huge shortfalls. Also take into account bonds maturing in 2017 cash needs to be accounted for any that want to 'cash in' their bonds and that will leave a dent in the finances.
Not quite, it fell from £113m to £25.6m in March. Bear in mind that March is before you release the PL and CL prize money as well as TV rights for the season passed so this account will have been boosted again with a few months.
OK! In that case Liverpool will generate a billion pounds of revenue in 2016 and this will be the figure every year going forward. This is based on the shrewd business partnerships signed by FSG on behalf of LFC. Add to this the ongoing TV rights deal that will see LFC claim a 50% share we should be able to outshine United in the finance stakes. A billion a year - No worries!
UIR. Its you thats throwing out non existent figures. I've read the report, your deal with Chevrolet is £210 million over 7 years. For the life of me I don't know where you got the $600 million from.
FFP rules aside - I'd be interested to know what the current United debt is since the 10% share issue. As far as I'm aware there isn't currently any up to date figures. In regards to the debt - I think the Glazer family bought a big chunk of this debt ? Therefore if they thought they could fall foul of the FFP rules they could simply lower the interest rates they charge ( as it would be intheir own interest ) ?
Current shirt deal 25million - new deal $600million over 7 years Current kit deal 25million - Nike expecting to double this iin 2015 Tv income 63million on a current deal of 1.6billion. - New tv deal 3billion. Let that sink in slevin and whonext.
Yeh slevin 210million is made up. 357million is the actual figure as quoted ny Chevrolet and the club prior to the ipo
http://www.mirror.co.uk/sport/footb...niteds-chevrolet-sponsorship-is-worth-1215088 £357 million converts to around $560 million from 2014 to 2021. http://www.bloomberg.com/news/2012-08-03/manchester-united-says-gm-deal-to-generate-559-million.html Figures for that won't come out until November at the earliest - they'll be the Q1 figures for July-September 2012. Last year they were published on the 15th November. No, they can't do that - that would be financial engineering, effectively the same as Abramovich making an interest free loan to Chelsea. The Glazers only own a few million worth of the bonds anyway, so it wouldn't make much difference either way.
