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Net debt has increased

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posted on 19/11/19

So you are saying I bought a Norwich scarf for nothing? What shall we try next? I would quite like a Crystal Palace hat. Do you think that would help convince the Glazers to leave?

posted on 19/11/19

It's the equivalent of a £50k mortgage against a property worth £400k, with an annual income of £50k.

I'm not worried.

posted on 19/11/19

comment by Finlay Robertson (U1734)
posted 2 minutes ago
So you are saying I bought a Norwich scarf for nothing? What shall we try next? I would quite like a Crystal Palace hat. Do you think that would help convince the Glazers to leave?
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17.4m people voted Leave to remove foreigners like the Glazers, I don't know why they are still here to be honest.

posted on 19/11/19

comment by Big McTominay (U22257)
posted 1 minute ago
It's the equivalent of a £50k mortgage against a property worth £400k, with an annual income of £50k.

I'm not worried.
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Surely its the equivalent of remortgaging your house for an EXTRA £50k ontop of what you are already paying off. Or was totalling all debt up?

posted on 19/11/19

comment by Big McTominay (U22257)
posted 3 minutes ago
It's the equivalent of a £50k mortgage against a property worth £400k, with an annual income of £50k.

I'm not worried.
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It's not about being worried, it's about being p*ssed off at the thought of our club being milked.

posted on 19/11/19

comment by Winston (U16525)
posted 1 minute ago
comment by Big McTominay (U22257)
posted 3 minutes ago
It's the equivalent of a £50k mortgage against a property worth £400k, with an annual income of £50k.

I'm not worried.
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It's not about being worried, it's about being p*ssed off at the thought of our club being milked.
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It's the Glazers club, if a man wants to milk himself then what business of yours is that.

posted on 19/11/19

It’s the bank’s club, and if the Glazers don’t keep up their repayments, Stewart McCracken and Elmore Victor will be paying a visit

posted on 19/11/19

comment by HB Fash (U21935)
posted 11 minutes ago
comment by Winston (U16525)
posted 1 minute ago
comment by Big McTominay (U22257)
posted 3 minutes ago
It's the equivalent of a £50k mortgage against a property worth £400k, with an annual income of £50k.

I'm not worried.
----------------------------------------------------------------------

It's not about being worried, it's about being p*ssed off at the thought of our club being milked.
----------------------------------------------------------------------
It's the Glazers club, if a man wants to milk himself then what business of yours is that.
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It's incredible that you need to ask that question.

posted on 19/11/19

comment by Bobby Dazzler (U1449)
posted 4 minutes ago
It’s the bank’s club, and if the Glazers don’t keep up their repayments, Stewart McCracken and Elmore Victor will be paying a visit
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I'd rather they brought back Big Brian O'Shaughnessy to collect payment to be honest.

posted on 19/11/19

Comment deleted by Site Moderator

posted on 19/11/19

About Manchester United

Manchester United is one of the most popular and successful sports teams in the world, playing one of the most popular spectator sports on Earth. Through our 141-year football heritage we have won 66 trophies, enabling us to develop what we believe is one of the world’s leading sports and entertainment brands with a global community of 1.1 billion fans and followers. Our large, passionate and highly engaged fan base provides Manchester United with a worldwide platform to generate significant revenue from multiple sources, including sponsorship, merchandising, product licensing, broadcasting and matchday initiatives which in turn, directly fund our ability to continuously reinvest in the club.


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Taken from the same club press release

posted on 19/11/19

We have a clear vision in terms of football philosophy and recruitment," Woodward said.

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posted on 19/11/19

Hmmmm

Revenue up
Wages down
Profit up

Net debt increased??????

Where has all the cash gone?

posted on 19/11/19

comment by 🏆 🏆 🏆 Keep It Greasy 🏆 🏆 🏆So It'll Go Down Easy (U1396)
posted 12 minutes ago
Hmmmm

Revenue up
Wages down
Profit up

Net debt increased??????

Where has all the cash gone?
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New players. They’ve got less cash reserves than they did have.

posted on 19/11/19

Whilst the Glazers keep their noses out and continue to allow Ed to back the managers in the transfer market I dont have a problem with them.

posted on 19/11/19

comment by Roys Keane (U11635)
posted 25 minutes ago
We have a clear vision in terms of football philosophy and recruitment," Woodward said.

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posted on 19/11/19

comment by Big McTominay (U22257)
posted 20 minutes ago
Whilst the Glazers keep their noses out and continue to allow Ed to back the managers in the transfer market I dont have a problem with them.
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Responsible owners

posted on 19/11/19

Way to kill a thread Roy.

posted on 19/11/19

Way to defend our failing owners and CEO RDD

comment by Busby (U19985)

posted on 19/11/19

comment by Big McTominay (U22257)
posted 1 hour, 46 minutes ago
Whilst the Glazers keep their noses out and continue to allow Ed to back the managers in the transfer market I dont have a problem with them.
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Think what that extra money servicing the debt could do

posted on 19/11/19

comment by Big McTominay (U22257)
posted 1 hour, 56 minutes ago
Whilst the Glazers keep their noses out and continue to allow Ed to back the managers in the transfer market I dont have a problem with them.
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The Glazers need to remove Ed from footballing operations and restructure that side of the club. I will have a problem with them until then.

posted on 19/11/19

Comment deleted by Site Moderator

posted on 19/11/19

Comment deleted by Site Moderator

posted on 19/11/19

We won’t ever compete as a major club with their ownership

.....

The most successful period in our history came under their ownership.

What you mean is we won’t repeat it with Ed at the helm .

posted on 19/11/19

Hindsight is a wonderful thing but the mistake the Glazers made is not restructuring the club to a more modern system (e.g. DoF, Head Coach etc) the day after SAF left.

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