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United third quarter figures

Manchester United third quarter fiscal results:

Commercial revenue up 3% to £68.6m
Broadcast revenue down 51.7% to £26m
Matchday revenue down 8.2% to £29.1m
Total revenue down 18.7% to £123.7m

Net debt up 42.2% to £429.1m

As of March 31 2020, United had £90.3m in cash reserves with access to an additional £150m available through the revolving credit facility.

That debt figure has increased £127.4m compared to last year, or in other terms it’s gone up 42%.

United say it is due to decrease in cash + adverse movements in the GBP:USD exchange rate.

posted 1 week, 1 day ago

So what happens then if the season does resume, do they get that TV money back?

posted 1 week, 1 day ago

comment by Constantinople (U11781)
posted 1 hour, 56 minutes ago
Also revealed Manchester United paid out £11.32m out in dividends at the start of January.
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Hahahahahahahahahaha.

Facking thieving s.

posted 1 week, 1 day ago

comment by Neo (U9135)
posted 55 minutes ago
Will be interesting to see how much United spend this summer and whether the likes of Sancho are out of the question now.
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No way we sign Sancho let alone spend at all tbh.

We’ve so much deadwood in the squad we won’t be able to shift, let alone take on new salaries and spend transfer fees, plus excess salaries coming back from loans.

Said it before many times, this pandemic will change how player contracts are handled (some experts even predicting players will be given 1/2 yr contracts as a max) transfer fees massively reduced (If any at all), swaps and loans more prevalent.

There’s no “getting back to normal”, only the new reality.

posted 1 week, 1 day ago

comment by Neo (U9135)
posted 1 hour, 34 minutes ago
Will be interesting to see how much United spend this summer and whether the likes of Sancho are out of the question now.
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I will be amazed to see extortionate prices floating about now.

We may go back to your traditional £30m strikers depending on the length of this coronavirus.

Football fans won't be in stadiums in my opinion, until at least mid-way through the 20 - 21 season at the very earliest, so clubs are going to be dry.

posted 1 week, 1 day ago

These figures are up to March 31st so they have had 11 months and 2 weeks of non Coronavirus issues
I’m looking forward to the next set of figures
It’s great isn’t it ? 😊


comment by Mike (U1170)

posted 1 week, 1 day ago

comment by Paulpowersleftfoot still champions 767 days & counting (U1037)
posted 42 minutes ago
These figures are up to March 31st so they have had 11 months and 2 weeks of non Coronavirus issues
I’m looking forward to the next set of figures
It’s great isn’t it
----------------------------------------------------------------------
No, coronavirus isn’t great, weirdo.

posted 1 week, 1 day ago

comment by Mike (U1170)
posted 4 minutes ago
comment by Paulpowersleftfoot still champions 767 days & counting (U1037)
posted 42 minutes ago
These figures are up to March 31st so they have had 11 months and 2 weeks of non Coronavirus issues
I’m looking forward to the next set of figures
It’s great isn’t it
----------------------------------------------------------------------
No, coronavirus isn’t great, weirdo.
----------------------------------------------------------------------
Imagine getting some sick kick out of a worldwide pandemic that’s killing thousands of people.

comment by Ruiney (U1005)

posted 1 week, 1 day ago

Does he think City won’t suffer just as much? 😂

posted 1 week, 1 day ago

He doesn't think.

posted 6 days, 13 hours ago

So it’s ok for the paperboy to say they were looking to exploit the virus hit transfer market ?

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