Right guys, some idiot manc is spouting ****e on Facebook....and i need some actual documented evidence to shut her up. The debate is generally about the mancs debt and how this can hamstring them in terms of what they can spend.
Her latest bout of ****e:
Now i know LFC are huge in Asia, but can someone find me a link to some kind of report or article to actually show the stupid mare?
Some of her other pearls of wisdom:
This is when she posted a link from the S*n, to try and show they're going to buy Sanchez from Udinese.
I replied with this:
Her reply:
Me:
Then, again about their finances:
Me:
Her:
Me:
She then replied with the 'Asia' support thing, that we could only 'dream of.
I replied with:
Her reply:
I replied with this:
And then, my last reply:
Her latest bout of ****e:
We are the second most valuable sports brand given we have a huge amount of support in Asia, something your team could never hope to claim. £500m of debt is easily manageable. It becomes an issue if lenders lose faith in our ability to repay. So far this has not happened & since the Glazers have been able to turn down offers to buy the club (if they were in the **** they'd not be so hasty). And floating us on the HK SE would see us valued at £1.7bn which I think more than covers our debt.
Some of her other pearls of wisdom:
This is when she posted a link from the S*n, to try and show they're going to buy Sanchez from Udinese.
I replied with this:
Jade, banter is all well and good and i'll happily take part, but not when it comes to that utter ****rag and the bull**** lies they published about 96 innocent people who went to a football match and never came home. That could've happened to any of us, it could've been me or you.
So what news source do you deem to be worthy of your time? It's a pretty good paper for sports news. And generally it's quite well written despite its not so intellectual content.
I dont take any newspaper as gospel - you realise their goal is to sell papers, right? Not to actually print the truth.
I'll go to a slightly more reliable document when it comes to Man Utd's finance - like the annual accounts posted to Companies House, for the 12 months ending June 30, 2010. They show annual losses of £108.9m. Now the lovely Scum newspaper can print all of its sensationalistic bollocks, but when it comes to pure fact, the company accounts are based slightly more on reality than the desire to sell units.
And i dont know whether to laugh or cry at the fact that you go to tabloid newspapers when you're looking for accurate news. I actually thought you were joking, but it seems not.
I'll go to a slightly more reliable document when it comes to Man Utd's finance - like the annual accounts posted to Companies House, for the 12 months ending June 30, 2010. They show annual losses of £108.9m. Now the lovely Scum newspaper can print all of its sensationalistic bollocks, but when it comes to pure fact, the company accounts are based slightly more on reality than the desire to sell units.
And i dont know whether to laugh or cry at the fact that you go to tabloid newspapers when you're looking for accurate news. I actually thought you were joking, but it seems not.
Me:
Well Jade, then you should know better than i do, that when a club posts a profit of £21m (as you did 2 years ago) after having acquired £80m for the sale of an asset, and that £80m asset sales arent an annual occurrance, that the notion of MUFC having substantial transfer funds available, when it has emphatic debt servicing costs on debt of over half a billion pounds, is fanciful at best.
Put simply, if the club posts annual losses of over £100m AND it also has to service debt of over half a billion, where is the money coming from to spend circa £60m or more on transfers?
Can you provide me with some kind of evidence or at least some logical argument as to why what i'm saying is incorrect and where the money comes from? Rather than just 'we make a lot of profits' - because, if nothing else, the latest accounts now seem to suggest otherwise.
Oh and by the way, if the answer is 'via more debt' - then great. I hope that happens!
Put simply, if the club posts annual losses of over £100m AND it also has to service debt of over half a billion, where is the money coming from to spend circa £60m or more on transfers?
Can you provide me with some kind of evidence or at least some logical argument as to why what i'm saying is incorrect and where the money comes from? Rather than just 'we make a lot of profits' - because, if nothing else, the latest accounts now seem to suggest otherwise.
Oh and by the way, if the answer is 'via more debt' - then great. I hope that happens!
Nope via floating club shares on the HK stock exchange bruv. Also, companies house will have the accounts from the previous yr which doesn't actually reflect our current position so you'd effectively be looking at out of date data non?
And unlike teams such as yours we are the second most valuable sports brand in the world, 3rd in the football money league (behind Barca & Real). That makes us a valuable commodity & a good investment for potential buyers - we generate significant commercial income.
And unlike teams such as yours we are the second most valuable sports brand in the world, 3rd in the football money league (behind Barca & Real). That makes us a valuable commodity & a good investment for potential buyers - we generate significant commercial income.
You generate commercial income and the bulk of it goes on debt servicing. Your club is over half a billion quid in debt and any buyer would have to take on that debt too, or clear it. Can you actually answer the question i posted earlier with something of more substance than just rhetoric?
Floating shares onto the HK exchange equates to selling a portion of the club, which will only be a small amount. Nowhere near enough to meet debt costs. I notice the HK float story was doing the rounds in the papers the other day, so i dont need to ask where you got it from...
Floating shares onto the HK exchange equates to selling a portion of the club, which will only be a small amount. Nowhere near enough to meet debt costs. I notice the HK float story was doing the rounds in the papers the other day, so i dont need to ask where you got it from...
I replied with:
Sorry Jade, i stopped reading at 'something your team could never hope to claim'....LFC's support in Asia is astronomical. As i have said, do some research.
Really? Cos funny I have yet to meet one Asian LFC supporter or see one. More scouse bs by the sounds of it. If your support was 'astronomical' ours must be so big is beyond comprehension. We've deffo got more support than the Scoucers there by a long way.
Again Jade, any football fan with a bit of knowledge would know how massive LFC (and yes, Man Utd too - because i'm not as deluded as to try and ignore the reality of things) are in Asia.
You made a profit of £21m in 2009 (due to the £80m Ronaldo money). You made a loss of over £100m in 2010. What magic beans have you got to suddenly turn those figures around to the tune of a £200m swing (which is what's needed) for 2011?
Comment