imagine if they didn't extend a manager only to sack him a few months later with an 8-figure payoff... imagine if they didn't pay 7 figures to Newcastle for a Director of Football only to sack him and pay him off 5 months later.
@@_United_the additional money they charged the members with the increase didn’t even cover the money United paid Sporting for Amorim to leave 2 weeks early
@@deggy210310 Yeah, but my point is, INEOS didn't sign all of these players that are crippling this club and forcing them to act. They've also poured in their own billions. We all know the Glazer's are strangling this club.
That's on the Glazer's & previous executives... Man Utd paid Casemiro 350K a week to get him out of Real Madrid, a club where he'd won 5 CLs. You didn't do due diligence on the fact that you were buying a 30yr who'd never played in a league as frenetic as the Prem & akin to marathon runner hit the wall after 6-8 months Real Madrid ain't perfect - they paid Bale 600K a week to barely play the last 3-4 seasons
Spot on and I'm a united fan. Worst club for doing business. Players City get for 40m we pay 80m for them then sell them for 40m or let them leave on loan or for free, if for free we probably buy them back in a couple years for the 90m😂
They’re not the club they used to be anymore. A far cry from the side they once were, they are now. It’s just not fair. They’ll never get out of the relegation scrap heap at the rate they’re going, never mind winning anything major.
Maybe if the Glazer snakes paid off the dept they leveled on the club when they bought it then the club wouldnt be losing money every year. Paying off interest on a loan they took out to buy the club is criminal. Destroyed the club.
Why did the FA allow it to happen . Is this a joke. If the glazers didn't spend a penny from their pocket to buy man utd , then anyone including the fans could have been made the owners of man utd. Why do we need the glazers for. They were given ownership of one of the biggest club in the world for free and they are getting returns yearly as dividends . This is the biggest scam in club football
The FA, true to form, closed the door after the horse had bolted. After the mess and chaos of the Glazers, leveraged buyouts were banned. You also have to blame the former board who willingly agreed to sell their shares, even with the knowledge of how the deal would be paid for. They sold the club down the river for personal gain.
@@stav2002- Curious, why the hell would Radcliffe clear the debt, and get nothing in return….what a dumb comment. He’s a minority owner, he doesn’t own the whole club. Plus I can tell you for a fact the Glazers never had any intention of selling the club, why would they. They bought Utd for effectively nothing, but it has been personally making them millions each year, it’s a win, win for them. INEOS has made some mistakes but if it wasn’t for the £250M of his own money that Radcliffe put in, we would be totally screwed now.
Ineos should have stayed out of this and allowed for a full sale to force the Glazers hand, not help them stay and bleed us dry for another 10 years. We will end up like leeds and forest dropping into mediocrity for the next 20 years
@@nixtrostrikehe didn't bid as much as SJR for the whole thing. He refused to give equal consideration to A shareholders despite being told he had to. And he refused on five occasions to prove he had funds. His bid was a farce.
@nixtrostrike full sale to Saudi was never on, just media speculation. The published report showed he never even provided proof of finances for a full sale, hence why he was happy to walk away
It's all the Glazers' fault: they've taken so much cash out of the club it's ridiculous. They gave Ed Woodward the most important job at the club (aside from maybe the manager's role) and he didn't have a clue how to run a football club, so we've had the ridiculous situation of, for example, letting Paul Pogba go for free, then buying him for a record transfer fee, then letting him go for free again. They've spent a lot of money on players but the majority of that money has gone on big names - because they wanted to sell shirts and wanted those big names for pure profile and exposure. But while we weren't winning titles, those big names were only coming to the club because we offered them wages that no one else would pay them. And because those players were here for financial reasons, most of them didn't put the work in and so they didn't perform well. And because they played badly, no one wanted to sign them until they got to the end of their ridiculous contracts. An absolute shambles and they're still at the club, draining it of cash.
yep always the glazers fault...United wanted to be floated in the stock exchange...it was pure greed that did it and they only have themselves to blame. No one was opposing the floatation as it meant larger revenue streams....its enivatable that greed follows
@@brokensythe which he did have a poor attitude right? By my judgement, if you were somehow able to put a determined character into Pogba's mind, with his physique and ability, you have potentially the greatest midfielder that ever lived. He came nowhere close to that.
@@waynemillar3038 He's not perfect but he played at Juventus under Conte and Allegri. If he was as poor attitude wise as you say I dont believe he would have lasted under those managers. Fergie did a lot right but he also made mistakes and had favourites.
@@brokensytheI think Carrick had an issue with his 'victory' attitude when Mourinho was fired. Improved under Ole but not to the level he should have. For me Ferguson's policy of not paying big time wages until you are a big time player worked more than it failed. Even if in this case, purely economically it would have been an idea to pay him what he wanted and then sell for a profit, but there has to be some morality Ferguson didn't sell him by the way, I believe Pogba left of his own accord on a free transfer at the end of his contract.
@@creepingbrain The £300m was just the commitment as part of purchasing the stake in the club to get their 28.7%. This isn't a goodwill injection that they've done and will repeat again and it was only part of that agreement as the Glazers didn't want to put it in themselves.
@@creepingbrain That £300 mil was part of the takeover and hasn’t gone into Utd coffers. 🐀 cliffe is as bad as the Glazers, Ineos can easily sponsor Utd to inject much needed funds into the club. Instead they just cry about FFP.
@@creepingbrain he hasnt pumped in any of his own money its been loaned to the club...SJR isnt actually money rich, he is asset rich. Liquidity he isnt exactly rolling in it unless he sells of parts of his portfolio...
Said Trollop said he wants to fight for his place 😂😂😂 Lies he just doesn't want to lose the clout that comes with being a united players It's time united fans start booing and being hostile to here over paid under performing divas
Man Utd board decided to spend £190 million a year on wages and then have the audacity to justify charging fans more because they are losing money. I'm still shocked that in the last 10 years, the highest profit they've made from a non homegrown player is £10 mil
@malpa2345 us sponsors will definitely not be pulling out. In fact more are to onboard. Please don’t talk about subject matters you have no insight of in the future. Thank you
Imagine trying to turn this on the fans. Massively overpaying for players, constantly extending contracts of overpaid players and also selling players for very little (or even for free) For people obsessed with money, they don't seem to know how to do business.
@CMEAGAIN yes it would do, they currently pay interest on that debt which comes off the books every year, over the course of the Glazers owning United they have cost around a billion in interest payments and dividends. If there was no debt that would free up 40-50 million a season in interest payments
@@Dillinja2017interest on the Glazer Debt is £24m a year. Since the 2016 refinancing its averaged at £19m a year. It shouldn't be there, but it's the least of our worries right now since the bonds can't be refinanced before 2027. It's the cost-cutting and sorting out squad cost that's gonna put us in a better position.
when you have Casemiro on 350k week- Rashford 350k week- bruno 250k a week - Fat head 250k a week -shaw 275 a week.....what do expect when we don't have money
750mil for loser squad, 250mil on wages, 100mil loss each year for not qualifying for CL, 100mil dividence. and now fans have to pay all that? what are they talking about for new stadium, what for?
Shaw is on 150k, Maguire 190k. Usually Utd wages go down 25% when out of the CL as well. We pretty much only have two bad contracts left in Rashford and Casemiro. Bruno is probably paid fairly overall. And tbf the club have been cleaning the wages up in the last 12-18 months. Ronaldo, Varane, De Gea, Martial & Sancho have all been allowed to leave. In fact a big part of our losses is that lost all left for free or in Sancho's case a very low fee compared to what we paid. It takes a long time to sort out though.
Ed Woodward needs investigating. The transfer prices and wages given during his time has caused this spiral. Was he getting kick-backs for arranging these 'deals'??
Actual transcript of United negotiations with Antony’s agent; Antony’s agent; So my client is currently on €20k pw, your spending €90,000,000 on him. We are expecting at least treb…… United’s Team; £150k pw…… Antonys Agent; Sorry how much???? United’s Team: Ok hardball i see….. £200k pw 5year deal. So £55,000,000 in wages over the contr….. Antonys Agent; DOOOOONE!!!!
As a Man Utd supporter for almost 30yrs, i haven't watched a match since they sold McTominay. Far from the perfect player but when you sell the guy actually getting goals & actually putting in effort, you lose my interest.
"Our profligacy with our income is not sustainable" should be the headline. Disgraceful that fans are being used to essentially bail out incompetent spending.
You know what would have been easier is to have sold the club to someone who actually had the money to get rid of the debt, simple. Unfortunately you have billionaires with huge egos who are more concerned about building a portfolio instead the clubs real well being.
If I was an owner, I'd make an investment. Having said that, imagine paying Bruno, Casemiro, and for a guy not even playing extravagant wages. It makes it hard to hold one's own nose. If it were a real business, the first thing to do would be to line up severance packages to stop the bleeding. Then you wouldn't be throwing good money after bad. We'll see if they hold a fire sale next summer.
Club makes you sick . Looking for sympathy for the poorest run club in the country . There was an offer from qatar to pay off all the debt and they choose to ignore it .
They don't earn most the revenue from supporter's coming through the doors. Could play in front of an empty Stadium wouldn't make much difference, most the money clubs like united make comes from other sources. So fans not coming to watch in itself wouldn't matter much.
They can use Covid as an exception. Still, most of the losses wouldn't be there had the Glaziers pay the debt instead of keeping it up while using club revenue to pay interests
Lost £300mil over three years, could this be related to paying £177mil per year to a team of 27 people perhaps? (Not counting bonuses) All Football Finances are unsustainable, even more so away from the top tiers, it is just ridiculous, even if fans are not paying in tickets they are paying in other ways. Efforts should have been lead by UEFA and FIFA a decade ago to set caps on wages, transfer fees, ticket fees, foreign ownership, gaming & tv deals to stop this getting out of hand... but they all knew they could take fans for every penny they were worth and the fans happily obliged.
There's no two ways about it United are proper skint. We owe over £150m in transfer fees that has to be paid this year. We've paid over £700m in interest repayments alone on that debt the Glazers put upon the club. We've pissed money up the wall on players we shouldn't of signed aswell as gave insane wages to players that didn't deserve it. This club is an absolute mess man & it's not gonna get better anytime soon
300mill a year. might have something to do with paying ridiculous wages to mediocre and poor players. they don't deserve to be paid that money for what they are producing each week. it's shocking. I'd be embarrassed picking up that wage and not producing any quality in my performance
@@Donners329 untrue but even so has nothing to do with transfers and also these figures are for 5 years not 3 years but I can even do 10 year figures if you like 🤣
Anyone with a fraction of sense would have told you what united have responded in their letter. If you can't sustain the high costs of living, then, 'stop attending games.'
Whats hurting the club is not “a whole series of events”. What’s hurting the club, more than anything else, is the lack of performance on the big stage. As a football club, you will bring in more fans, more sponsors, and more money if you perform well. Comparing Manchester United to Real Madrid at this very moment is criminal. The “income” will slowly begin to fade away as the team continues to underperform and disappoint. Whoever is in charge of the signings/ recruitment should be sacked ASAP- not to mentions the ludicrous wages of players who are riding the bench. What an absolute joke of a team.
As a Liverpool fan, I remember when Hicks & Gillette were running our club into the ground. I’ll never forget the support and sympathy Utd fans gave us during that time. So, I’d just like to express that same support in return. 🖕🏻☺️🖕🏻
They had an open look at the finances and still decided to purchase. Why buy into a company that has been run poorly and still has the people who stole from it involved. Clearing the debt should have been a condition of the sale. This is on INEOS.
The bonds can't be paid off til 2027. Jassim promising to pay the debt was just PR. He didn't have a clue what he was doing, and he didn't have any money. You got conned.
we make more than we spend in season. earnings spornsor + tournaments , losses transfer fees + wages = PSR rules. Not PSR loses paying bank loans + loans interest + paying the glazer family 20 million on divindes each family member . winning money nothing, so we are going in more in debt each year until we go bankrupt .
@@Casotaa yes but .. the reason for the rules is to prevent the financial Mismanagement of football clubs … so how does this fit into the model as a financially fit club ?
@@georgeknox1822 Only 3 clubs have been self-sustaining in recent years. MUFC, LFC and Brentford. All the rest have relied on owner funding to cover losses.
"Being owned by the Glazer family actually costs Manchester United money" There we have it folks, the reason why this once great football club has been in decline for a decade
This is quite literally the result of splashing the cash on unwanted players and deadwood. It's hard to believe that United are turning over negatives but when you consider the sheer amount spent on uselessness, it eventually equates. Bottom line is that poor management and recruitment from the higher ups should not result in fans suffering through outrageous ticket prices.
Summary - Man Utd are essentially becoming Everton. Special thanks to the Glazers who made this possible. Funny how their NFL team the Buccanners seem to have loads of cash.
Glazer's put them here and huge debts. Overpaying for below average players on massive wages and now they try to save by not giving to charity.....what an absolute disgrace this club has become!!!
This has been the problem since Fergie left no one at the club has any vision for what they want to achieve and it has rapidly crumbled as a result. One thing most top clubs have to have is someones running the club that oversees such a vision even without a manager so if the times comes for them to leave they will still be running with the same goal in mind moving forward. It is almost like they are hoping a manager comes along that magically starts winning everything and makes them money while they are at it.
alot of this money includes covid losses, the money spent in work done at carrington and paying off debts this money doesnt count towards PSR, it also doesnt include the money that SJR injected so over 3 years UTD havent lost 300 million on PSR they are sitting at around -100 Million as player sales from summer also brings that figure down people need to actually read what PSR is and the rules regarding it and not foaming at the mouth when they hear the word 300 million UTD are struggling at the moment but its more of a cash flow issue at the moment.
Man Und are done. The club is in a vicious circle now - now in CL so no money to attract top players, and the top players dont want to come as no CL hence the club will keep going down the table
Perhaps as investigative journalists you claim to be you could ask the PL how united were allowed £75 million dispensation over the last 3 years for COVID when every other PL club were allowed £1 million or less?
Lets be honest. Whoever has been responsible for united transfers the last 10 years needs to be tried in court cos its been criminal. United may not survive this if they do not manage this properly moving forward. We have seen great brands and companies crumble, and united is showing all of the signs of one. It starts if they by any chance face possibilities of relegation.
The one keeping the club on track was Ferguson. Every action has an equal and opposite reaction. Instead of buying van dijk they buy maguire, no problem with maguire but if you want to compete at the top, you have to get the top.
None of this needed to happen, if Qatar got the club instead of SJR getting into bed with the Glazers the massive debt repayments would be gone completely that are strangling this club, what's worse is between SJR and the Glazers could clear the debt tomorrow if they really wanted to but guess what they don't, they would rather cut staff and charity payments, absolute joke.
The Glazer Debt costs £24m a year. We shouldn't be paying it but it's not strangling the club when revenues are £650m The bonds can't be paid off til they mature in 2027 so nothing can be done about it for now anyhow.
@ We have paid 815 million in interest since 2005, if they wanted to pay the debt off they wouldn't be paying off just 24 million a year, the loans have strangled this club.
@@BradK02 not really the same is it if a change in the wage you're on is negligible. whereas a change in player's wages (and not blowing 90m on sacking managers) could realistically save close to 300m a year
@ no disrespect to Newcastle but Man U are way more bigger then them and Make more money than them. If someone came in and bought the whole club and took away the debt we wouldn’t have to worry about ffp psr. The club could spend on the revenue they bring in
The owners created this mess. If they can't fix it, sell the club to proper owners that want to take the club forward. The stadium is literally falling a part. I mean come on. They have bled the club dry for about two decades now. They really have no shame.
Look, the Glazers have been in power for the worst decade plus downfall of a club of stature in the entire history of professional football. They just absolutely have to go. They have annihilated and stripped to the bones one of the best sports dynasties ever.
Kaveh said that the pandemic lockdown hurt Man Utd more than other clubs. Absolute nonsense! A small club that has an average attendance of 3000 is hurt just as much because the loss in revenues is proportional to their expenses. The real reason that the lockdown hurt Man Utd is because of their huge debt.
Manchester United can't blame COVID for their incompetence. Every team in the world went through the same thing, but other teams aren't sitting 13th in the premier league
This could’ve all been avoided had Ineos hadn’t gotten in bed with the Glazers. There was someone willing to buy the club outright and clear the debt, so ofc the fans don’t want to hear these lame excuses.
The money should come from one place only. The Glazers. They have been taking this clubs money for decades. Radcliffe just handed them £1.3 billion. That should have gone to paying off their debt not into their pockets.
So why didn't they sell the club to the Sheikh when they had the chance? Coulda got out of all these issues and saved the club, but no, they'd rather come out and lie to fans so they can continue to extract from the club
What people fail to realise is the Glazers have never invented a single penny of their own money into the club any funds made available is money the club has generated itself
Why do they communicate this to fans? You’re responsible for the football club. Hundreds of millions have been taken out in dividends and to pay off debt that football fans never wanted. Write to the glazers, not the fans ! Do not turn up to home games for three games to oust the glazers.
Imagine if they didn’t throw stupid wages at average players who didn’t deserve it?
imagine if they didn't extend a manager only to sack him a few months later with an 8-figure payoff... imagine if they didn't pay 7 figures to Newcastle for a Director of Football only to sack him and pay him off 5 months later.
@ could be wrong, but apparently ten hag is still on United payroll which contributed to him turning down Dortmund. The club is broke and broken.
@@CoachCONone time expense has far less effect than ongoing expenses
@@CoachCON agreed with this, but those mistakes are manageable without the 2 decades of neglect before they came onboard
Imagine not giving the owners 100's of millions every year In pay outs.
Overpaying for average isnt the fans fault....
But stil, Ineos trying to change the route of the future, and repair what the last regime have done. Sometimes its needed to understand the reality.
@@_United_the additional money they charged the members with the increase didn’t even cover the money United paid Sporting for Amorim to leave 2 weeks early
@@_United_ the "last regime" hasn't gone anywhere. Last time i looked the Glazers still own the club
It has, without a shadow of a doubt, become one of the biggest farces in European football.
Buying expensive tickets often watching rubbish is the fans fault though.
€90 mil in sacking managers hasn't helped lol.
That's *BEFORE* adding costs related to deadwood sitting on the bench
Wonder will ratycliffe add that to the chopping board the sacked managers payoff.
Anthony is the worse waste of money ever robbery
Exactly imagine if we got rid of deadwood players dropping wages and backing manager not player power! 🤔
A fart in a hurricane compared to the wages we give championship level players
Absolutely pathetic to increase ticket prices when you’re paying Casemiro 350k a week to sit on the bench !
It's the fans fault for paying the prices
INEOS didn't sign Casemiro.
@@NathanBradley-w1zINEOS also only own 29%! Glazers are still the issue and alway will be.
@@deggy210310 Yeah, but my point is, INEOS didn't sign all of these players that are crippling this club and forcing them to act. They've also poured in their own billions. We all know the Glazer's are strangling this club.
That's on the Glazer's & previous executives...
Man Utd paid Casemiro 350K a week to get him out of Real Madrid, a club where he'd won 5 CLs. You didn't do due diligence on the fact that you were buying a 30yr who'd never played in a league as frenetic as the Prem & akin to marathon runner hit the wall after 6-8 months
Real Madrid ain't perfect - they paid Bale 600K a week to barely play the last 3-4 seasons
This has to be the most embarrassing sports team of the last ten years
Spot on and I'm a united fan. Worst club for doing business. Players City get for 40m we pay 80m for them then sell them for 40m or let them leave on loan or for free, if for free we probably buy them back in a couple years for the 90m😂
It's that bad that I question every player that joins as it clearly can't be for footballing reasons
Barcelona?
You must be a casual then.
They’re not the club they used to be anymore. A far cry from the side they once were, they are now. It’s just not fair. They’ll never get out of the relegation scrap heap at the rate they’re going, never mind winning anything major.
Maybe if the Glazer snakes paid off the dept they leveled on the club when they bought it then the club wouldnt be losing money every year. Paying off interest on a loan they took out to buy the club is criminal. Destroyed the club.
Why did the FA allow it to happen . Is this a joke. If the glazers didn't spend a penny from their pocket to buy man utd , then anyone including the fans could have been made the owners of man utd. Why do we need the glazers for. They were given ownership of one of the biggest club in the world for free and they are getting returns yearly as dividends . This is the biggest scam in club football
And Radcliffe just gave them another £1.3 billion. Instead of clearing the debt.
The FA, true to form, closed the door after the horse had bolted. After the mess and chaos of the Glazers, leveraged buyouts were banned.
You also have to blame the former board who willingly agreed to sell their shares, even with the knowledge of how the deal would be paid for. They sold the club down the river for personal gain.
@@stav2002- Curious, why the hell would Radcliffe clear the debt, and get nothing in return….what a dumb comment. He’s a minority owner, he doesn’t own the whole club. Plus I can tell you for a fact the Glazers never had any intention of selling the club, why would they. They bought Utd for effectively nothing, but it has been personally making them millions each year, it’s a win, win for them. INEOS has made some mistakes but if it wasn’t for the £250M of his own money that Radcliffe put in, we would be totally screwed now.
Maybe if you wasn’t allowed to buy the way they did put the club in debt for their own personal gain we wouldn’t be in this position either
Ineos should have stayed out of this and allowed for a full sale to force the Glazers hand, not help them stay and bleed us dry for another 10 years. We will end up like leeds and forest dropping into mediocrity for the next 20 years
There was no pathway to a full sale. Without ineos there would have been no sale at all.
@@creepingbrain Full sale could have happened to Qatar and it would have been a godsent
@@nixtrostrikehe didn't bid as much as SJR for the whole thing. He refused to give equal consideration to A shareholders despite being told he had to. And he refused on five occasions to prove he had funds. His bid was a farce.
@nixtrostrike full sale to Saudi was never on, just media speculation. The published report showed he never even provided proof of finances for a full sale, hence why he was happy to walk away
@@creepingbrainI disagree. There was no way the Glazers would've been able to sustain the club for much longer. Not with their incompetence.
It's all the Glazers' fault: they've taken so much cash out of the club it's ridiculous. They gave Ed Woodward the most important job at the club (aside from maybe the manager's role) and he didn't have a clue how to run a football club, so we've had the ridiculous situation of, for example, letting Paul Pogba go for free, then buying him for a record transfer fee, then letting him go for free again. They've spent a lot of money on players but the majority of that money has gone on big names - because they wanted to sell shirts and wanted those big names for pure profile and exposure. But while we weren't winning titles, those big names were only coming to the club because we offered them wages that no one else would pay them. And because those players were here for financial reasons, most of them didn't put the work in and so they didn't perform well. And because they played badly, no one wanted to sign them until they got to the end of their ridiculous contracts. An absolute shambles and they're still at the club, draining it of cash.
yep always the glazers fault...United wanted to be floated in the stock exchange...it was pure greed that did it and they only have themselves to blame. No one was opposing the floatation as it meant larger revenue streams....its enivatable that greed follows
Also selling Pogba was a Fergie mistake. He refused to give meaningful game time to one of the best talents in Europe and said he had a poor attitude
@@brokensythe which he did have a poor attitude right? By my judgement, if you were somehow able to put a determined character into Pogba's mind, with his physique and ability, you have potentially the greatest midfielder that ever lived. He came nowhere close to that.
@@waynemillar3038 He's not perfect but he played at Juventus under Conte and Allegri. If he was as poor attitude wise as you say I dont believe he would have lasted under those managers. Fergie did a lot right but he also made mistakes and had favourites.
@@brokensytheI think Carrick had an issue with his 'victory' attitude when Mourinho was fired. Improved under Ole but not to the level he should have.
For me Ferguson's policy of not paying big time wages until you are a big time player worked more than it failed. Even if in this case, purely economically it would have been an idea to pay him what he wanted and then sell for a profit, but there has to be some morality
Ferguson didn't sell him by the way, I believe Pogba left of his own accord on a free transfer at the end of his contract.
Why did SJR give the Glazier’s £1.2 Billion and get them out of jail and now Ineos have no money, it doesn’t make sense
When you buy shares the money goes to the shareholders.
Ineos do have money. That's why SJR has pumped in $300m cash in the first year.
@@creepingbrain The £300m was just the commitment as part of purchasing the stake in the club to get their 28.7%. This isn't a goodwill injection that they've done and will repeat again and it was only part of that agreement as the Glazers didn't want to put it in themselves.
@@creepingbrain That £300 mil was part of the takeover and hasn’t gone into Utd coffers. 🐀 cliffe is as bad as the Glazers, Ineos can easily sponsor Utd to inject much needed funds into the club. Instead they just cry about FFP.
@@creepingbrain he hasnt pumped in any of his own money its been loaned to the club...SJR isnt actually money rich, he is asset rich. Liquidity he isnt exactly rolling in it unless he sells of parts of his portfolio...
He gave the glaziers £1.2 billion? What were they making; massive stained glass windows like York Minster?
"Being owned by the Glazer family actually cost Manchester United money" finally someone in the media has seen this
Paying a trollop £300k a week to not play May be contributing to that loss issue
*multiple trollops*
Said Trollop said he wants to fight for his place
😂😂😂
Lies he just doesn't want to lose the clout that comes with being a united players
It's time united fans start booing and being hostile to here over paid under performing divas
Man Utd board decided to spend £190 million a year on wages and then have the audacity to justify charging fans more because they are losing money.
I'm still shocked that in the last 10 years, the highest profit they've made from a non homegrown player is £10 mil
They won’t pay off the debt. That is the real reason.
It won’t be long till the sponsors pull out at United
Won't happen, United are still a powerhouse commercially and reputation wise, how, I don't know.
Why?
Been hearing that for 20 years. Every year commercial revenues increase.
@@creepingbrain that's false its basically flatlined but united will always get sponsored
@malpa2345 us sponsors will definitely not be pulling out. In fact more are to onboard. Please don’t talk about subject matters you have no insight of in the future. Thank you
Bit of a joke upping ticket prices whilst the stadium deteriorates along with team quality and performances.
They spent 300 million on Antony, Onana Rasmus and Mount.
Maguire
Ugarte
Wan-Bissaka
Zirkzee
Casemiro
Sancho
So many
Too many bad buys.
Dont think they will come back soon
Imagine trying to turn this on the fans.
Massively overpaying for players, constantly extending contracts of overpaid players and also selling players for very little (or even for free)
For people obsessed with money, they don't seem to know how to do business.
714 million in debt .413 owing in transfer fees. Old Trafford run down millions in dividends . The Glazers for you fans done nothing
All these cuts while giving Casemiro and Rashford 350k a week 😂
They need to pay the debt off, the Glazers have robbed the club for long enough
That wont help with FFP
@CMEAGAIN yes it would do, they currently pay interest on that debt which comes off the books every year, over the course of the Glazers owning United they have cost around a billion in interest payments and dividends. If there was no debt that would free up 40-50 million a season in interest payments
@@Dillinja2017 FFP does work like that. Profit made from clearing debt has to be offset with the losses.
@@Dillinja2017interest on the Glazer Debt is £24m a year. Since the 2016 refinancing its averaged at £19m a year. It shouldn't be there, but it's the least of our worries right now since the bonds can't be refinanced before 2027. It's the cost-cutting and sorting out squad cost that's gonna put us in a better position.
How much does not being in the CL cost.
when you have Casemiro on 350k week- Rashford 350k week- bruno 250k a week - Fat head 250k a week -shaw 275 a week.....what do expect when we don't have money
Shaw to earn more than trent or robertson 😂
No wonder the club is in this mess...it is a disgrace
750mil for loser squad, 250mil on wages, 100mil loss each year for not qualifying for CL, 100mil dividence. and now fans have to pay all that? what are they talking about for new stadium, what for?
Shaw is on 150k, Maguire 190k. Usually Utd wages go down 25% when out of the CL as well. We pretty much only have two bad contracts left in Rashford and Casemiro. Bruno is probably paid fairly overall.
And tbf the club have been cleaning the wages up in the last 12-18 months. Ronaldo, Varane, De Gea, Martial & Sancho have all been allowed to leave. In fact a big part of our losses is that lost all left for free or in Sancho's case a very low fee compared to what we paid.
It takes a long time to sort out though.
@@markbirtchnell2249 shaw is on 275
Even the losses on the pitch are not sustainable let's be honest
Getting rid of Rashford antony and Casermro should save around £1m a week.
Ed Woodward needs investigating. The transfer prices and wages given during his time has caused this spiral. Was he getting kick-backs for arranging these 'deals'??
We should have had a full sale instead of INEOS getting into bed with the Glazers which has made the club even worse than before
Yes us that wanted Qatar were flamed to hell, meanwhile the Ineos takeover was a front to keep the Glazers in charge.
Another clueless dreamer they couldn't prove funds
@@richyclubsport5155did sheikh jassim tell you this?
Actual transcript of United negotiations with Antony’s agent;
Antony’s agent; So my client is currently on €20k pw, your spending €90,000,000 on him. We are expecting at least treb……
United’s Team; £150k pw……
Antonys Agent; Sorry how much????
United’s Team: Ok hardball i see….. £200k pw 5year deal. So £55,000,000 in wages over the contr…..
Antonys Agent; DOOOOONE!!!!
I can actually see this dialogue happening in real life over there
Lies, they incurred these costs. I'm shocked how they perceive their fan base. They think we are bunch of morons.
Not sustainable?? Why would the Glazers sell part of the club to INEOS then? It's like United have gotten poorer since the investment. Get them out!!
As a Man Utd supporter for almost 30yrs, i haven't watched a match since they sold McTominay.
Far from the perfect player but when you sell the guy actually getting goals & actually putting in effort, you lose my interest.
Utd need more fans like you. But that wont happen
Boardroom Bonuses are sustainable and substantial, though, right???
"Our profligacy with our income is not sustainable" should be the headline. Disgraceful that fans are being used to essentially bail out incompetent spending.
You know what would have been easier is to have sold the club to someone who actually had the money to get rid of the debt, simple. Unfortunately you have billionaires with huge egos who are more concerned about building a portfolio instead the clubs real well being.
If I was an owner, I'd make an investment. Having said that, imagine paying Bruno, Casemiro, and for a guy not even playing extravagant wages. It makes it hard to hold one's own nose. If it were a real business, the first thing to do would be to line up severance packages to stop the bleeding. Then you wouldn't be throwing good money after bad. We'll see if they hold a fire sale next summer.
If only they sold the club to Qatar 🤔
Not a single actual fan wanted that.
Another blood money state owned club? No thanks
@@MauriceMassey-i8uyour country sold fighter jets to them 😂
Umm yeah they did because it ment no more glazers. Who are you to gate keep what being a fan means
what for?
Club makes you sick . Looking for sympathy for the poorest run club in the country . There was an offer from qatar to pay off all the debt and they choose to ignore it .
If fans stop going to games maybe that will force there hand to drop the prices.
Yeah depriving the club of significant income will help them balance their budget and will surely see prices plummet.
Never happen
They don't earn most the revenue from supporter's coming through the doors. Could play in front of an empty Stadium wouldn't make much difference, most the money clubs like united make comes from other sources. So fans not coming to watch in itself wouldn't matter much.
@@kevinheath7588 🤡
Lost 300 million in last 3 years i'm shocked everton and nottingham forest aren't complaining to the premier league aboht this breaking of PRS rules
BUT if their losses are over £300m they have broken FFP as you can only lose £105m.
So, BS.
Aint that over a 3 year period?
They can use Covid as an exception. Still, most of the losses wouldn't be there had the Glaziers pay the debt instead of keeping it up while using club revenue to pay interests
@@JPayne95Normally only 105m in 3 years but somehow Utd made the 300m loses in 3 years..Something ain't right
100% According to Forbes, Man Utd is the most profitable football team (187 million USD in 2024). Something isn't adding up.
PSR Loss isn't the same as P&L loss and isn't the same as real world cash loss.
You cut an employee earning 35k 40k a year and keep one that earns 18mil in what world did you think you will make profit that way🤦🏾♂️
Typical conglomerate think in believing that Anthony is an asset over the club's values and employees
Jim rakcliffe and the glazers need to go
Owners don't just go. They don't get sacked
Lost £300mil over three years, could this be related to paying £177mil per year to a team of 27 people perhaps? (Not counting bonuses)
All Football Finances are unsustainable, even more so away from the top tiers, it is just ridiculous, even if fans are not paying in tickets they are paying in other ways. Efforts should have been lead by UEFA and FIFA a decade ago to set caps on wages, transfer fees, ticket fees, foreign ownership, gaming & tv deals to stop this getting out of hand... but they all knew they could take fans for every penny they were worth and the fans happily obliged.
There's no two ways about it United are proper skint. We owe over £150m in transfer fees that has to be paid this year. We've paid over £700m in interest repayments alone on that debt the Glazers put upon the club. We've pissed money up the wall on players we shouldn't of signed aswell as gave insane wages to players that didn't deserve it. This club is an absolute mess man & it's not gonna get better anytime soon
Why sell to INEOS then
Exactly
No other buyer
@@creepingbrain ru joking?
Thats an NPC right there.
@@creepingbrain guess you missed Qatar offering over 5 billion
raising ticket prices and lowering the quality of football on display is an absolute insult to United fans.
This comes down to the glazers having destroyed our club
As well as us paying stupid fees and wages for players
300mill a year. might have something to do with paying ridiculous wages to mediocre and poor players. they don't deserve to be paid that money for what they are producing each week. it's shocking. I'd be embarrassed picking up that wage and not producing any quality in my performance
Man United - 650 million
Newcastle -450 million
Chelsea -920 million
Everton + 33 million
Last 5 years profit loss transfer
Deduct Everton more points
and everton barely staying up each season
@ yeh would have finished 11th last year without points deductions that’s barely 🫢😫
Everton got docked points for cooking their books during COVID not the last three years totally disingenuous
@@Donners329 no books were cooked do some research you will find the corruption
@@Donners329 untrue but even so has nothing to do with transfers and also these figures are for 5 years not 3 years but I can even do 10 year figures if you like 🤣
Anyone with a fraction of sense would have told you what united have responded in their letter. If you can't sustain the high costs of living, then, 'stop attending games.'
That is unfair, the community built the club into what it is today. They do have an obligation to make coming to the matches affordable for local fans
Whats hurting the club is not “a whole series of events”. What’s hurting the club, more than anything else, is the lack of performance on the big stage. As a football club, you will bring in more fans, more sponsors, and more money if you perform well. Comparing Manchester United to Real Madrid at this very moment is criminal. The “income” will slowly begin to fade away as the team continues to underperform and disappoint. Whoever is in charge of the signings/ recruitment should be sacked ASAP- not to mentions the ludicrous wages of players who are riding the bench. What an absolute joke of a team.
The people in charge was sacked and new people brought in
As a Liverpool fan, I remember when Hicks & Gillette were running our club into the ground. I’ll never forget the support and sympathy Utd fans gave us during that time. So, I’d just like to express that same support in return.
🖕🏻☺️🖕🏻
I wonder what caused that? Silly wages and transfer fees by and chance???
It all stems from bad management practices and decisions. Nothing to do with the fans!
They had an open look at the finances and still decided to purchase. Why buy into a company that has been run poorly and still has the people who stole from it involved. Clearing the debt should have been a condition of the sale. This is on INEOS.
The bonds can't be paid off til 2027. Jassim promising to pay the debt was just PR. He didn't have a clue what he was doing, and he didn't have any money. You got conned.
Losing your advantage of a larger stadium during the pandemic does not mean you’re more impacted than everyone else who never had such an advantage.
Where’s the points deduction at 300m per season losses ?
PSR Loss isn't the same as P&L loss and isn't the same as real world cash loss.
we make more than we spend in season. earnings spornsor + tournaments , losses transfer fees + wages = PSR rules. Not PSR loses paying bank loans + loans interest + paying the glazer family 20 million on divindes each family member . winning money nothing, so we are going in more in debt each year until we go bankrupt .
@@Casotaa yes but .. the reason for the rules is to prevent the financial
Mismanagement of football clubs … so how does this fit into the model as a financially fit club ?
@@georgeknox1822 Only 3 clubs have been self-sustaining in recent years. MUFC, LFC and Brentford. All the rest have relied on owner funding to cover losses.
it would be better if sheikh jashim took the club rather then ineoshit..
💯
Fans paying the price for poor management
INEOS are the worst thing thats has happened to this club. Imagine what Qatar could have done to this club
Glazers are the core problem
The Theatre Of Tears 😭
"Being owned by the Glazer family actually costs Manchester United money" There we have it folks, the reason why this once great football club has been in decline for a decade
It's the greatest "trust me bro" response by Ineos.
Should’ve sold the club to Qatar then we wouldn’t be in this mess
Now you know, when I was shouting it then no one listens
This is quite literally the result of splashing the cash on unwanted players and deadwood. It's hard to believe that United are turning over negatives but when you consider the sheer amount spent on uselessness, it eventually equates. Bottom line is that poor management and recruitment from the higher ups should not result in fans suffering through outrageous ticket prices.
Summary - Man Utd are essentially becoming Everton. Special thanks to the Glazers who made this possible. Funny how their NFL team the Buccanners seem to have loads of cash.
Glazer's put them here and huge debts. Overpaying for below average players on massive wages and now they try to save by not giving to charity.....what an absolute disgrace this club has become!!!
Why buying the club if you’re broke 🤷♂️🤷♂️ there was another very suitable buyer
This has been the problem since Fergie left no one at the club has any vision for what they want to achieve and it has rapidly crumbled as a result. One thing most top clubs have to have is someones running the club that oversees such a vision even without a manager so if the times comes for them to leave they will still be running with the same goal in mind moving forward. It is almost like they are hoping a manager comes along that magically starts winning everything and makes them money while they are at it.
Don't use covid as an excuse 😂😂😂
Covid wasn't an excuse for other clubs manu had the ability to look after itself
Setting the scene....selling Garna, Mainoo etc now. My club is rotten to the core.
Fact's Garnacho wants to leave
Wait a min, Utd made around 300m loses in 3 years and 1b in debt but didn't break psr? Of course psr is working 😂😂😂😂
youre obviously confused
@@CMEAGAIN and so am I... explain
alot of this money includes covid losses, the money spent in work done at carrington and paying off debts this money doesnt count towards PSR, it also doesnt include the money that SJR injected so over 3 years UTD havent lost 300 million on PSR they are sitting at around -100 Million as player sales from summer also brings that figure down people need to actually read what PSR is and the rules regarding it and not foaming at the mouth when they hear the word 300 million UTD are struggling at the moment but its more of a cash flow issue at the moment.
@ So how did Forbes come up with the figure of 187million$ profit for 2024 for Man Utd? Didn't count paying off debt?
@brogdontsypko Dude what are you on about? Utd didn't make that last season.. Profit of 187m? In your dreams
It's been going on for years but it makes me sad that genuine fans on modest incomes can't afford to go to matches.
Clear the debts then not rocket science he wanted club and has 20 billion if he was a real fan he'd clear the debts the club would be fine then
Follow that through, what does Ratcliffe get for doing that?, removing the debt doesnt help with FFP
Man Und are done. The club is in a vicious circle now - now in CL so no money to attract top players, and the top players dont want to come as no CL hence the club will keep going down the table
Perhaps as investigative journalists you claim to be you could ask the PL how united were allowed £75 million dispensation over the last 3 years for COVID when every other PL club were allowed £1 million or less?
Nothing to investigate when it's nothing more than an urban myth.
Lets be honest.
Whoever has been responsible for united transfers the last 10 years needs to be tried in court cos its been criminal.
United may not survive this if they do not manage this properly moving forward. We have seen great brands and companies crumble, and united is showing all of the signs of one. It starts if they by any chance face possibilities of relegation.
Then SACK THE LAZY AND INCONSISTENT PLAYERS IN MANCHESTER UNITED AND USELESS DIRECTORS/OWNERS OF THE CLUB!
The one keeping the club on track was Ferguson. Every action has an equal and opposite reaction.
Instead of buying van dijk they buy maguire, no problem with maguire but if you want to compete at the top, you have to get the top.
Shouldve sold to the qataris
The didnt show proof of funds, therefore bid wasnt real
Definitely not. Run by the owners of PSG?
None of this needed to happen, if Qatar got the club instead of SJR getting into bed with the Glazers the massive debt repayments would be gone completely that are strangling this club, what's worse is between SJR and the Glazers could clear the debt tomorrow if they really wanted to but guess what they don't, they would rather cut staff and charity payments, absolute joke.
The Glazer Debt costs £24m a year. We shouldn't be paying it but it's not strangling the club when revenues are £650m
The bonds can't be paid off til they mature in 2027 so nothing can be done about it for now anyhow.
@ We have paid 815 million in interest since 2005, if they wanted to pay the debt off they wouldn't be paying off just 24 million a year, the loans have strangled this club.
If Rashford cared about the club and it's fans he would reduce his wages, be better or leave. Doing nothing shows his true colours.
Since you love your job, go to work tmrw and ask your boss for a reduction in wages.
@@BradK02😂😂❤
@@BradK02 not really the same is it if a change in the wage you're on is negligible. whereas a change in player's wages (and not blowing 90m on sacking managers) could realistically save close to 300m a year
That is mostly Loan repayments and ridiculous recruitment. Almost a billion in debt, thank the yanks.
Get Qatar in ASAP!!!!
Another clueless keyboard warrior
@@richyclubsport5155 🇶🇦
Ineos out
Why what will they do? Newcastle the richest owners in the world yet can’t put money in because psr and ffp
@ no disrespect to Newcastle but Man U are way more bigger then them and Make more money than them. If someone came in and bought the whole club and took away the debt we wouldn’t have to worry about ffp psr. The club could spend on the revenue they bring in
What have the losses come from?
Player's fault not manager
The owners created this mess. If they can't fix it, sell the club to proper owners that want to take the club forward. The stadium is literally falling a part. I mean come on. They have bled the club dry for about two decades now. They really have no shame.
Losses are on the club not the fans
Look, the Glazers have been in power for the worst decade plus downfall of a club of stature in the entire history of professional football. They just absolutely have to go. They have annihilated and stripped to the bones one of the best sports dynasties ever.
Kaveh said that the pandemic lockdown hurt Man Utd more than other clubs. Absolute nonsense! A small club that has an average attendance of 3000 is hurt just as much because the loss in revenues is proportional to their expenses.
The real reason that the lockdown hurt Man Utd is because of their huge debt.
Manchester United can't blame COVID for their incompetence. Every team in the world went through the same thing, but other teams aren't sitting 13th in the premier league
Why did ones buy the club if they didn’t have enough to remove the debt then! Absolute jokers
This could’ve all been avoided had Ineos hadn’t gotten in bed with the Glazers.
There was someone willing to buy the club outright and clear the debt, so ofc the fans don’t want to hear these lame excuses.
The money should come from one place only. The Glazers. They have been taking this clubs money for decades. Radcliffe just handed them £1.3 billion. That should have gone to paying off their debt not into their pockets.
So why didn't they sell the club to the Sheikh when they had the chance? Coulda got out of all these issues and saved the club, but no, they'd rather come out and lie to fans so they can continue to extract from the club
Because he couldn't prove funds
Loving 13th fc fall 😍
Fans should pay more to see Antony
And the Glazers deliberately refused to sell the club.
But seriously why can't they sell club,
What people fail to realise is the Glazers have never invented a single penny of their own money into the club any funds made available is money the club has generated itself
Ed Woodward once said: "Playing performance doesn't really have a meaningful impact on what we can do on the commercial side of the business."
‘Have they explained why?’
What a silly question 🤦🏻♂️
Why do they communicate this to fans?
You’re responsible for the football club. Hundreds of millions have been taken out in dividends and to pay off debt that football fans never wanted.
Write to the glazers, not the fans !
Do not turn up to home games for three games to oust the glazers.
If Ineos are not able to sustain the current situation, then why do you buy the club??