Comment deleted by Article Creator
Broadcast revenue has taken a huge hit due to United having to pay back £15m to the broadcasters because obviously our games haven’t been shown!
No huge surprises there.
There will be so many clubs going under from this
United's biggest hit will be the cancellation of the annua lpre-season "tour."
One of the most lucrative revenue streams of the club.
Also revealed Manchester United paid out £11.32m out in dividends at the start of January.
Ah well was to be expected
Woodward says it is "one of the most extraordinary and testing periods in the 142-year history of Manchester United."
Adds #MUFC have a shared interest in protecting the sport and crucial clubs work together.
Manchester United estimate first quarter cost of 23 million pounds from coronavirus, including estimated TV income rebate due to broadcasters
Comment deleted by Site Moderator
#MUFC confirm they will not be taking part in usual summer tour this year.
HTF can you lose over 50% broadcasting money? Also how were you only getting £50m? I thought it was a lot more than that.
This is a third quarter figure. So from Jan-March.
comment by There'sOnlyOneRed's (U1721)
posted 1 minute ago
HTF can you lose over 50% broadcasting money? Also how were you only getting £50m? I thought it was a lot more than that.
----------------------------------------------------------------------
Its 50 million a quarter... So 200 per year
Ed Woodward: "I'd like to reinforce what I said earlier, that #mufc are a resilient club and a resilient company. We're well positioned both operationally and financially to navigate this global crisis."
comment by United we win (U19958)
posted 12 minutes ago
Can pretty much forget us Doing much business in the summer! Lucky we got Bruno when we did.
----------------------------------------------------------------------
Negative Nohlman is back 🥳
In summary:
#MUFC revenues have dropped almost £30m for first 3 months of year. £23m of this cited by club as being specifically Covid-19 related.
Includes £15m rebate to broadcasters (estimated to grow to £20m). Revenue forecast of £560-580m for 2019/20 now withdrawn.
https://www.telegraph.co.uk/football/2020/05/21/manchester-united-see-revenue-fall-30m-three-months-coronavirus/
Debt went up from £301m to 429m - Feckin' hell!
comment by Shugs (U14253)
posted 16 minutes ago
comment by There'sOnlyOneRed's (U1721)
posted 1 minute ago
HTF can you lose over 50% broadcasting money? Also how were you only getting £50m? I thought it was a lot more than that.
----------------------------------------------------------------------
Its 50 million a quarter... So 200 per year
----------------------------------------------------------------------
Ahh
Will be interesting to see how much United spend this summer and whether the likes of Sancho are out of the question now.
The next 2 quarter figures will be horrific
It’s great 😊
comment by Neo (U9135)
posted 10 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.
----------------------------------------------------------------------
This. Will also depend on how desperate selling clubs become.
So what happens then if the season does resume, do they get that TV money back?
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.
----------------------------------------------------------------------
Hahahahahahahahahaha.
Facking thieving s.
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.
----------------------------------------------------------------------
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.
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.
----------------------------------------------------------------------
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.
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United third quarter figures
Page 1 of 2
posted on 21/5/20
Comment deleted by Article Creator
posted on 21/5/20
Broadcast revenue has taken a huge hit due to United having to pay back £15m to the broadcasters because obviously our games haven’t been shown!
posted on 21/5/20
No huge surprises there.
There will be so many clubs going under from this
posted on 21/5/20
United's biggest hit will be the cancellation of the annua lpre-season "tour."
One of the most lucrative revenue streams of the club.
posted on 21/5/20
Also revealed Manchester United paid out £11.32m out in dividends at the start of January.
posted on 21/5/20
Ah well was to be expected
posted on 21/5/20
Woodward says it is "one of the most extraordinary and testing periods in the 142-year history of Manchester United."
Adds #MUFC have a shared interest in protecting the sport and crucial clubs work together.
posted on 21/5/20
Manchester United estimate first quarter cost of 23 million pounds from coronavirus, including estimated TV income rebate due to broadcasters
posted on 21/5/20
Comment deleted by Site Moderator
posted on 21/5/20
#MUFC confirm they will not be taking part in usual summer tour this year.
posted on 21/5/20
HTF can you lose over 50% broadcasting money? Also how were you only getting £50m? I thought it was a lot more than that.
posted on 21/5/20
This is a third quarter figure. So from Jan-March.
posted on 21/5/20
comment by There'sOnlyOneRed's (U1721)
posted 1 minute ago
HTF can you lose over 50% broadcasting money? Also how were you only getting £50m? I thought it was a lot more than that.
----------------------------------------------------------------------
Its 50 million a quarter... So 200 per year
posted on 21/5/20
Ed Woodward: "I'd like to reinforce what I said earlier, that #mufc are a resilient club and a resilient company. We're well positioned both operationally and financially to navigate this global crisis."
posted on 21/5/20
comment by United we win (U19958)
posted 12 minutes ago
Can pretty much forget us Doing much business in the summer! Lucky we got Bruno when we did.
----------------------------------------------------------------------
Negative Nohlman is back 🥳
posted on 21/5/20
In summary:
#MUFC revenues have dropped almost £30m for first 3 months of year. £23m of this cited by club as being specifically Covid-19 related.
Includes £15m rebate to broadcasters (estimated to grow to £20m). Revenue forecast of £560-580m for 2019/20 now withdrawn.
https://www.telegraph.co.uk/football/2020/05/21/manchester-united-see-revenue-fall-30m-three-months-coronavirus/
posted on 21/5/20
Debt went up from £301m to 429m - Feckin' hell!
posted on 21/5/20
comment by Shugs (U14253)
posted 16 minutes ago
comment by There'sOnlyOneRed's (U1721)
posted 1 minute ago
HTF can you lose over 50% broadcasting money? Also how were you only getting £50m? I thought it was a lot more than that.
----------------------------------------------------------------------
Its 50 million a quarter... So 200 per year
----------------------------------------------------------------------
Ahh
posted on 21/5/20
Will be interesting to see how much United spend this summer and whether the likes of Sancho are out of the question now.
posted on 21/5/20
The next 2 quarter figures will be horrific
It’s great 😊
posted on 21/5/20
comment by Neo (U9135)
posted 10 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.
----------------------------------------------------------------------
This. Will also depend on how desperate selling clubs become.
posted on 21/5/20
So what happens then if the season does resume, do they get that TV money back?
posted on 21/5/20
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.
----------------------------------------------------------------------
Hahahahahahahahahaha.
Facking thieving s.
posted on 21/5/20
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.
----------------------------------------------------------------------
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 on 21/5/20
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.
----------------------------------------------------------------------
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.
Page 1 of 2