And as expected they make for pretty depressing reading.
Interest payments finally topped the 1bn mark. And the debt hasn't gone down it's only gone up. That's also sitting at about 700m + 300m owed in transfer fees. 1bn Net debt.
Cost the club £14.5m to sack ETH and his coaches.
Cost the club £7m to hire and then fire Dan Ashworth.
No idea what the Glazers and INEOS plan is. The math doesn't make sense anymore. We can't even afford to run the day to day operations without making huge losses at the moment. How on earth do we fund another squad rebuild let alone a new stadium?
I don't think they have long left now. The money isn't there for dividends to be taken out anymore and when the European income isn't there, the brown stuff is really going to hit the fan next year.
Crazy to think that a club of our size could actually go into administration. It's looking more likely than us competing for a league title again that's for sure.
Bring it on I say. There's no future for this football club until they are gone.
Q3 Financial results are in
posted on 20/2/25
comment by mancWoohoo- maximus mardius cob-onius (U10676)
posted 1 minute ago
The fecker thinks that our owners should have blocked the Glazer takeover but he doesn't know Glazers took over in 2005 whilst our Sheikh took over in 2008.
Thick fack.
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When did I say your owner should have blocked our takeover? Please show me where I said that? The PL rules shouldn't allow leveraged takeovers I said. Apparently they won't going forwards either.
Nothing to do with your owner that. It's common sense it shouldn't have been allowed but the PL wasn't prepared for it.
They shouldn't have allowed your takeover either though. Bringing state ownership into the PL has caused more problems to football than the 100 years that came before it. Just look at what's going on.
posted on 20/2/25
comment by Tyranny of the majority (SE85) (U21241)
posted 11 seconds ago
comment by mancWoohoo- maximus mardius cob-onius (U10676)
posted 1 minute ago
The fecker thinks that our owners should have blocked the Glazer takeover but he doesn't know Glazers took over in 2005 whilst our Sheikh took over in 2008.
Thick fack.
----------------------------------------------------------------------
When did I say your owner should have blocked our takeover?
----------------------------------------------------------------------
"Or how about blocking the Glazer takeover? "
posted on 20/2/25
comment by mancWoohoo- maximus mardius cob-onius (U10676)
posted 1 minute ago
comment by Tyranny of the majority (SE85) (U21241)
posted 11 seconds ago
comment by mancWoohoo- maximus mardius cob-onius (U10676)
posted 1 minute ago
The fecker thinks that our owners should have blocked the Glazer takeover but he doesn't know Glazers took over in 2005 whilst our Sheikh took over in 2008.
Thick fack.
----------------------------------------------------------------------
When did I say your owner should have blocked our takeover?
----------------------------------------------------------------------
"Or how about blocking the Glazer takeover? "
----------------------------------------------------------------------
Yeah but I wasn't referring to City doing that you moron. 😂
The PL shouldn't have even needed that to go to a vote. Imposing a 550m debt onto a debt free club shouldn't have been allowed to happen. It's just common sense or at least should have been but they obviously didn't anticipate anyone would be totally morally bankrupt enough to do it.
I don't blame City for that at all. You've got the wrong end of the stick there my friend.
Buenas Noches anyway. 😉
posted on 20/2/25
good night, my little MENSA reject.
posted on 20/2/25
comment by manusince52 (U9692)
posted 18 hours, 29 minutes ago
Interest payments over a billion £s
Have we gone mad?
Don't buy any players for two years, promote youth, sell if possible anyone not wanted. Don't fire the manager.
Get the interest as close as possible, then we will be rich again.
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In other words. Aim for relegation
posted on 20/2/25
comment by Tyranny of the majority (SE85) (U21241)
posted 17 hours, 29 minutes ago
This only ends one of two ways now.
Glazers finally accept it's over and they have failed and accept a full buy out.
Or.....
Finances continue to spiral out of control and we are put into administration.
Either way it's over. The numbers don't make sense. They are all kidding themselves if they think we can afford to carry on like this.
----------------------------------------------------------------------
Why do you keep saying the numbers or math don't make sense.
It couldn't make more sense if it tried.
We are facked . Easy really
posted on 20/2/25
comment by Ali - 🇪🇦 🏴 (U1192)
posted 1 hour, 42 minutes ago
comment by manusince52 (U9692)
posted 18 hours, 29 minutes ago
Interest payments over a billion £s
Have we gone mad?
Don't buy any players for two years, promote youth, sell if possible anyone not wanted. Don't fire the manager.
Get the interest as close as possible, then we will be rich again.
----------------------------------------------------------------------
In other words. Aim for relegation
----------------------------------------------------------------------
All united have to do is to avoid any relehstion bsttles for the next couple of years. Meanwile make the big Ineos plan of action work. And if it isnt working change it
posted on 20/2/25
Order Richard Masters to scrap relegation for a couple of years while you re-re-rebuild
posted on 20/2/25
comment by Boris 'Inky’ Gibson (U5901)
posted 18 minutes ago
Order Richard Masters to scrap relegation for a couple of years while you re-re-rebuild
----------------------------------------------------------------------
https://www.express.co.uk/sport/football/1911689/Premier-League-chief-scrapping-relegation-breaking-away-Football-League
posted on 20/2/25
comment by mancWoohoo- maximus mardius cob-onius (U10676)
posted 33 minutes ago
comment by Boris 'Inky’ Gibson (U5901)
posted 18 minutes ago
Order Richard Masters to scrap relegation for a couple of years while you re-re-rebuild
----------------------------------------------------------------------
https://www.express.co.uk/sport/football/1911689/Premier-League-chief-scrapping-relegation-breaking-away-Football-League
----------------------------------------------------------------------
The Cartein action but its City ruining football