Man Ure report losses of £80m

[Craig_H]

It's quite simple really, anyone buying a club should have to provide, say, 75% of the funding needed to buy it, themselves - not through borrowings or debt etc. If they cant do that, then they cant buy it.

[badpiggy]

Ferguson doesnt give a **** though, he'll be retired by the time it starts ****ing them up properly.

Yeah but it's still surprising that someone with such a long history with a club like Utd is so silent about their future. Doesn't reflect well on him at all.

[Craig_H]

Yeah but it's still surprising that someone with such a long history with a club like Utd is so silent about their future. Doesn't reflect well on him at all.

It's surprising that a bloke doesnt want to publicly slag off his bosses?

[badpiggy]

It's surprising that a bloke doesnt want to publicly slag off his bosses?

If the "bloke" is as successful, wealthy and influential as Ferguson is, then yeah. He has no problem singling out opposition players, referees, the FA, UEFA, BBC etc for his rants. By his silence he is disrespecting the tradition and fans of Utd. Hate mentioning those things but they exist.

[Craig_H]

If the "bloke" is as successful, wealthy and influential as Ferguson is, then yeah. He has no problem singling out opposition players, referees, the FA, UEFA, BBC etc for his rants. By his silence he is disrespecting the tradition and fans of Utd. Hate mentioning those things but they exist.

None of those can sack him and destroy his legacy.

[spud_gun]

None of those can sack him and destroy his legacy.

Pretty sure that his legacy is secure

[Darth Marty]

Destroy his legacy? Dont be stupid, he would only add to it by being anti glazer, acting like he really cared about the club. By being silent, and even praising the glazers he is acting like a glory hunting prick who only cares about his individual legacy not that of his club.

To be fair if he acted like, dare I say it, Rafa, with regards to the ownership situation there then he would get some respect from me.

[Craig_H]

So he wants to end his career by being sacked? Cant see it myself. Dont be stupid.

[Darth Marty]

Child. Give me a break.

[Craig_H]

I say the same thing as you did, but i'm a child and you're not. Priceless.

[Darth Marty]

Its the fact that you did it intentionally to get the last word, jesus.

Anyway, I think Ferguson is a cunt and I hope his legacy dies with him. Sooner rather than later.

[Craig_H]

I didnt do it to get the last word - i did it because i thought 'dont be stupid' was a little antagonistic and over the top

Of course i agree about ferguson being a cunt.

And just to keep you happy - you can have the last word

[Darth Marty]

Thanks. It was antagonistic but wasnt meant as such, but as soon as id posted I knew youd have a hissy fit!

Glad we agree on the most important part mind.

[dom9]

Get a load of this:

Manchester United's accounts show the Glazers are doing what they intended
Love them or hate them — and many Manchester United fans have made up their mind on that one — there is no denying that the Glazer family know what they are doing.

Paul Kelso

By Paul Kelso
Published: 8:25PM BST 08 Oct 2010


The accounts published on Friday demonstrate once again that, despite the objections of the supporters ranged against them, the massively leveraged business model they imposed on the club is doing what they intended.

A debt burden of £700 million may make some of us queasy but not apparently the Glazers. As long as United continue to perform as well as they did in 2009-10 on and off the pitch, it is a weight the club can bear.

The Glazers can thank a combination of luck, judgment and shrewd exploitation of the most marketable football club in the world for this.

Luck because they secured long-term financing before the credit crunch, and judgment because the bold decision to replace it with a bond issue paid off.

The exploitation is most obvious in the rising commercial income, up £12 million to vindicate their decision to aggressively pursue regional sponsorship deals.

Operating costs meanwhile have fallen by £10 million. This is what their advisors meant when they talked about sweating a business harder.

There are a couple of clouds on the horizon. Matchday revenue is stagnant and will remain so while the downturn lasts, and media income may have levelled out.

None of this changes the fact that the club are paying simply for the privilege of having the Floridians as owners. Interest continues to cost more than £40 million a year, not counting the ticking PIK loans, money that would be available to the club were it not servicing loans.

For that, no matter how stable the business looks, they will never be forgiven.

[Craig_H]

I wouldnt want them to go bust, but i am relieved that the money is going on servicing their debt as opposed to buying players.