Hi all. This is something that fans of any club could be interested in and find insightful.
A very in depth look at Manchester United's finances since the Glazers took over going right back to 2003. It talks about exactly how The Glazers managed to buy the club with money borrowed against Man Utd, Woodward's role in engineering how this happened and many other aspects of this topic.
Understanding basics of finance helps but isn't essential as most terms used are explained by the presenter.
No matter what your feeling are towards Man Utd, this is a really interesting look "behind the curtain", as the presenter puts it, into the whole episode.
I hope you enjoy watching it as much as I did and I hope that, no matter who you support, it helps you to see the Glazers in the light they deserve to be seen in.
LUHG
https://youtu.be/EaHjFWrlElc
Brilliant Man Utd financials video
posted on 4/8/21
Hi Culer
posted on 4/8/21
All you need to know is that the Glazers have spent +£800m on debt repayment since they arrived, the vast majority of it servicing debts from their leveraged purchase, some of which attracts 14% interest rates.
On average £45m a season on debt repayment with nothing to show from that money other than their ownership. Thats 40% of matchday revenue (fans hard earned!)
posted on 4/8/21
comment by One Love - Admin 3 (U1250)
posted 17 minutes ago
Hi Culer
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Hi RDD
posted on 4/8/21
Does this mean I get to wear a Norwich scarf to the pub to watch the match?
posted on 4/8/21
comment by ... (U22638)
posted 48 minutes ago
comment by One Love - Admin 3 (U1250)
posted 17 minutes ago
Hi Culer
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Hi RDD
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You're in the Felix/Sandy bracket
posted on 4/8/21
https://www.ja606.co.uk/articles/viewArticle/435047
posted on 4/8/21
comment by One Love - Admin 3 (U1250)
posted 4 hours, 33 minutes ago
comment by ... (U22638)
posted 48 minutes ago
comment by One Love - Admin 3 (U1250)
posted 17 minutes ago
Hi Culer
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Hi RDD
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You're in the Felix/Sandy bracket
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Then filter me.
posted on 4/8/21
comment by One Love - Admin 3 (U1250)
posted 4 hours, 33 minutes ago
https://www.ja606.co.uk/articles/viewArticle/435047
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Don't get the resentment of this - my career ended years ago. I don't have anything to prove to people online. I'm not culer also.
posted on 4/8/21
comment by ... (U22638)
posted 1 hour, 13 minutes ago
comment by One Love - Admin 3 (U1250)
posted 4 hours, 33 minutes ago
https://www.ja606.co.uk/articles/viewArticle/435047
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Don't get the resentment of this - my career ended years ago. I don't have anything to prove to people online. I'm not culer also.
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Nor Sandy, no doubt.
posted on 4/8/21
comment by The Post Nearly Man. Jadon & Marcus & Bukayo. (U1270)
posted 3 hours, 5 minutes ago
comment by ... (U22638)
posted 1 hour, 13 minutes ago
comment by One Love - Admin 3 (U1250)
posted 4 hours, 33 minutes ago
https://www.ja606.co.uk/articles/viewArticle/435047
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Don't get the resentment of this - my career ended years ago. I don't have anything to prove to people online. I'm not culer also.
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Nor Sandy, no doubt.
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Nope. I've only got the one account. Waste of time though-you lot are ridiculous.