Man Ure report losses of £80m

[elrichio86]

BBC linky

Manchester United reports loss of £80m

Manchester United has reported an annual pre-tax loss of £79.6m, hit by interest payments and reduced revenues from the sale of players.

The loss for the 12 months to 30 June compares with a profit of £48m for the year before, when revenues were boosted by the £80m sale of Cristiano Ronaldo.

The club's interest payments on bank debt for the past year totalled £40m.

Manchester United also saw a fall in match-day turnover, but this was offset by its commercial earnings.

Its overall annual turnover increased to £286.4m.

The club's operating profit also rose, reaching £100.8m, compared with £92m a year earlier.

Although we need to get in touch with their accountants - operating profit of £100m yet they only paid £2.6m in taxes

[Shaggy]

As much as I want to laugh, it would be hypocritical. I've been getting mad at Mancs round here laughing at us and mocking us. They're being shafted just like we are, it's a disgrace really.

[Tee]

As much as I want to laugh, it would be hypocritical. I've been getting mad at Mancs round here laughing at us and mocking us. They're being shafted just like we are, it's a disgrace really.

But to be totaly honest Shaggy, once we are sorted with responsible new owners and become debt free, I will LMFAO at those cunts. For real.

[elrichio86]

That's far too mature a response, hypocrisy is perfectly acceptable in this case

[Fredo]

As much as I want to laugh, it would be hypocritical. I've been getting mad at Mancs round here laughing at us and mocking us. They're being shafted just like we are, it's a disgrace really.

I know some manc fans who have been riling at our demise lately and I've really wanted to punch them in the face. They're just a bunch of ignorant dicks.

[cream]

You have to laugh at Sky though, their breaking news headline - Manchester United post operating profit of £100m

Edit: They have now changed it to 'announce major loss'

[Tee]

You have to laugh at Sky though, their breaking news headline - Manchester United post operating of £100m

IIRC didn't Sky try and buy them once? Obviously they will never report anything negative against them. Cunts.

[Dirk07]

You have to laugh at Sky though, their breaking news headline - Manchester United post operating profit of £100m

Edit: They have now changed it to 'announce major loss'

to be fair though that lasted 5 mins max before the real story came out

[cream]

We should put in a cheeky bid for Rooney in January.

[Vermilion]

to be fair though that lasted 5 mins max before the real story came out

Eh, tbf ? They are a major sports news network..on the day they release the story about a major football clubs money matters, to have two completely different headlines on the subject in 5 mins is abysmal.

edit: typical...but still abysmal...you've become used to their shoddy standards.

[Imy]

But to be totaly honest Shaggy, once we are sorted with responsible new owners and become debt free, I will LMFAO at those cunts. For real.

It's just a matter of time, that ticking time bomb is going to explode once whiskey nose retires or drops dead.

[Vermilion]

yeah yeah, watch ****in CHINA! come in and buy the jammy ****ers.

[-V-]

Well I have listened to plenty of mancs laughing at our plight, even after our news this week. So this makes me smile. redcafe get to ****

[Tee]

yeah yeah, watch ****in CHINA come in and buy the jammy ****ers.

Knowing their luck that will happen...

[Vermilion]

Well I have listened to plenty of mancs laughing at our plight, even after our news this week. So this makes me smile. redcafe get to ****