comment by The Mur Man (U22601)
posted 1 minute ago
Iv just purchased a business using a bank loan.
Iv increased revenue.
Im paying the loan off via the thriving business.
What am i doing wrong?
----------------------------------------------------------------------
You hired Ed Woodward
United have never been priced out of a transfer since the Glazers took over.
comment by Boris 'Inky’ Gibson (U5901)
posted 2 minutes ago
United have never been priced out of a transfer since the Glazers took over.
----------------------------------------------------------------------
What's that got to do with anything?
comment by Boris 'Inky’ Gibson (U5901)
posted 11 minutes ago
United have never been priced out of a transfer since the Glazers took over.
----------------------------------------------------------------------
I have no issue with the transfer kitty they have given managers. It's always been more than enough to compete.
My issue with them has always been the debt and allowing Ed Woodward to run the club on their behalf. He's been out of his depth since day one.
your quick good has come up with precovid numbers mate.
the covid numbers are out and man utd dropped massively and LFC did drop but less there was may 2020 number showing utd on 509mil and LFC on 498mil.
the wages are hard to compare as you never know what in in those numbers. staff, players, match day stewards, caterers etc etc etc.
I nthe ned does it really matter if the glaziers are harvesting cash? really? thats a manu tud fan issue
We know our own owners are harvesting revenue via FSG deals on the back of us and therefore never see the things they are getting. nobody does anything for nothing.
the 70mil stand over 3 years is all well and good, thats started so how the money is parcelled out i don't know.
the 50mil over 2 years for kirkby is well known, again how melwood resolution financed it I'm not entirely sure.
We think man utd have not spent anything near that in Carrington or old trafford.
man utd are buying players to improve thier team and have thus far AFTER mourinho was sacked got it probably mostly right. is it a lot of money, sure it is.
did LFC back klopp a bit, sure they did, he got a few sales to fill his boots and it helped.
comment by Pride of the North (U6803)
posted 43 minutes ago
There's two different sides to the coin for me. When it comes to Liverpool and FSG, where does all your money go? Your business model seems to be spending money from player sales. So where does all your other revenue go?
As for the Glazers, people still don't seem to grasp the fact that they do not put money into the football club. They take money out of it though.
They took over the club using somebody else's money, then used the club to pay off that debt.
What if I bought your house off of you and then got you to pay my mortgage for me. It's my house but you're footing the bill for it.
----------------------------------------------------------------------
Isn't your last paragraph basically describing the process of buy to let?
comment by Pride of the North (U6803)
posted 33 minutes ago
comment by The Mur Man (U22601)
posted 2 minutes ago
comment by Pride of the North (U6803)
posted 1 minute ago
There's two different sides to the coin for me. When it comes to Liverpool and FSG, where does all your money go? Your business model seems to be spending money from player sales. So where does all your other revenue go?
As for the Glazers, people still don't seem to grasp the fact that they do not put money into the football club. They take money out of it though.
They took over the club using somebody else's money, then used the club to pay off that debt.
What if I bought your house off of you and then got you to pay my mortgage for me. It's my house but you're footing the bill for it.
----------------------------------------------------------------------
If you took out a business loan, would there be anything wrong with you using earnings from the business to pay that loan?
----------------------------------------------------------------------
Well it depends if I'm impacting the growth of the business.
If I took over a hospital for example, using borrowed money and used the it's money to pay of the debt and took it away from providing equipment, staff and medicine that wouldn't be in the hospitals best interests.
----------------------------------------------------------------------
Comparing United to a hospital ffs
comment by Alisson Becker, Liverpool's Number 9 (U3979)
posted 7 minutes ago
comment by Pride of the North (U6803)
posted 33 minutes ago
comment by The Mur Man (U22601)
posted 2 minutes ago
comment by Pride of the North (U6803)
posted 1 minute ago
There's two different sides to the coin for me. When it comes to Liverpool and FSG, where does all your money go? Your business model seems to be spending money from player sales. So where does all your other revenue go?
As for the Glazers, people still don't seem to grasp the fact that they do not put money into the football club. They take money out of it though.
They took over the club using somebody else's money, then used the club to pay off that debt.
What if I bought your house off of you and then got you to pay my mortgage for me. It's my house but you're footing the bill for it.
----------------------------------------------------------------------
If you took out a business loan, would there be anything wrong with you using earnings from the business to pay that loan?
----------------------------------------------------------------------
Well it depends if I'm impacting the growth of the business.
If I took over a hospital for example, using borrowed money and used the it's money to pay of the debt and took it away from providing equipment, staff and medicine that wouldn't be in the hospitals best interests.
----------------------------------------------------------------------
Comparing United to a hospital ffs
----------------------------------------------------------------------
Wonder what all the money they’ve spent on transfers would come under in this analogy? Equipment, staff of medicine?
As others have touched on, If I was a Liverpool fan I would be asking questions of where the money is going. In the latest figures I can find Liverpool operating income is only 24m dollars less than Uniteds, however their operating profit in over 100m less.
comment by FieldsofAnfieldRd (U18971)
posted 5 minutes ago
comment by Alisson Becker, Liverpool's Number 9 (U3979)
posted 7 minutes ago
comment by Pride of the North (U6803)
posted 33 minutes ago
comment by The Mur Man (U22601)
posted 2 minutes ago
comment by Pride of the North (U6803)
posted 1 minute ago
There's two different sides to the coin for me. When it comes to Liverpool and FSG, where does all your money go? Your business model seems to be spending money from player sales. So where does all your other revenue go?
As for the Glazers, people still don't seem to grasp the fact that they do not put money into the football club. They take money out of it though.
They took over the club using somebody else's money, then used the club to pay off that debt.
What if I bought your house off of you and then got you to pay my mortgage for me. It's my house but you're footing the bill for it.
----------------------------------------------------------------------
If you took out a business loan, would there be anything wrong with you using earnings from the business to pay that loan?
----------------------------------------------------------------------
Well it depends if I'm impacting the growth of the business.
If I took over a hospital for example, using borrowed money and used the it's money to pay of the debt and took it away from providing equipment, staff and medicine that wouldn't be in the hospitals best interests.
----------------------------------------------------------------------
Comparing United to a hospital ffs
----------------------------------------------------------------------
Wonder what all the money they’ve spent on transfers would come under in this analogy? Equipment, staff of medicine?
----------------------------------------------------------------------
Good analogy pride👍
Too bad that scoucers are too thick to understand it.
comment by FieldsofAnfieldRd (U18971)
posted 7 minutes ago
comment by Alisson Becker, Liverpool's Number 9 (U3979)
posted 7 minutes ago
comment by Pride of the North (U6803)
posted 33 minutes ago
comment by The Mur Man (U22601)
posted 2 minutes ago
comment by Pride of the North (U6803)
posted 1 minute ago
There's two different sides to the coin for me. When it comes to Liverpool and FSG, where does all your money go? Your business model seems to be spending money from player sales. So where does all your other revenue go?
As for the Glazers, people still don't seem to grasp the fact that they do not put money into the football club. They take money out of it though.
They took over the club using somebody else's money, then used the club to pay off that debt.
What if I bought your house off of you and then got you to pay my mortgage for me. It's my house but you're footing the bill for it.
----------------------------------------------------------------------
If you took out a business loan, would there be anything wrong with you using earnings from the business to pay that loan?
----------------------------------------------------------------------
Well it depends if I'm impacting the growth of the business.
If I took over a hospital for example, using borrowed money and used the it's money to pay of the debt and took it away from providing equipment, staff and medicine that wouldn't be in the hospitals best interests.
----------------------------------------------------------------------
Comparing United to a hospital ffs
----------------------------------------------------------------------
Wonder what all the money they’ve spent on transfers would come under in this analogy? Equipment, staff of medicine?
----------------------------------------------------------------------
Phil Jones' medical treatment
https://twitter.com/swissramble/status/1302855202089971713?s=21
Always good for financial analysis of football clubs.
There’s some graffiti near Old Trafford saying ‘Hate The Glaziers’.
Presumably written by someone unhappy with the quality of their double glazing.
Following on from the official stock market announcement about Ronaldo, the value of MUFC increased by $198 million in 48 hours.
comment by Beeb - Legacy Fan (U1841)
posted 37 seconds ago
Following on from the official stock market announcement about Ronaldo, the value of MUFC increased by $198 million in 48 hours.
----------------------------------------------------------------------
The Glaziers will be raking it in then
Nah, it’s already dropped back to the same level as before.
Who do you think United will go for in January?
Justin Bieber, someone from the world of K-Pop
comment by Boris 'Inky’ Gibson (U5901)
posted 1 hour, 12 minutes ago
Who do you think United will go for in January?
Justin Bieber, someone from the world of K-Pop
----------------------------------------------------------------------
Mix Diskerud
If the problem with the Glaziers was that they had Woodward in charge then the protests were very disproportionate.
Ultimately what do fans want from an owner - develop the structure and finances of the club and be willing to buy players. Haven't the Glaziers done all of that except maybe develop the structure but they inherited a team with the biggest stadium and some of the best facilities anyway.
comment by The Luke Show (U8522)
posted 2 hours, 16 minutes ago
comment by FieldsofAnfieldRd (U18971)
posted 5 minutes ago
comment by Alisson Becker, Liverpool's Number 9 (U3979)
posted 7 minutes ago
comment by Pride of the North (U6803)
posted 33 minutes ago
comment by The Mur Man (U22601)
posted 2 minutes ago
comment by Pride of the North (U6803)
posted 1 minute ago
There's two different sides to the coin for me. When it comes to Liverpool and FSG, where does all your money go? Your business model seems to be spending money from player sales. So where does all your other revenue go?
As for the Glazers, people still don't seem to grasp the fact that they do not put money into the football club. They take money out of it though.
They took over the club using somebody else's money, then used the club to pay off that debt.
What if I bought your house off of you and then got you to pay my mortgage for me. It's my house but you're footing the bill for it.
----------------------------------------------------------------------
If you took out a business loan, would there be anything wrong with you using earnings from the business to pay that loan?
----------------------------------------------------------------------
Well it depends if I'm impacting the growth of the business.
If I took over a hospital for example, using borrowed money and used the it's money to pay of the debt and took it away from providing equipment, staff and medicine that wouldn't be in the hospitals best interests.
----------------------------------------------------------------------
Comparing United to a hospital ffs
----------------------------------------------------------------------
Wonder what all the money they’ve spent on transfers would come under in this analogy? Equipment, staff of medicine?
----------------------------------------------------------------------
Good analogy pride👍
Too bad that scoucers are too thick to understand it.
----------------------------------------------------------------------
It's not a good analogy whatsoever. A hospital is not a business FFS. It's a public service.
I know people think football is something far greater but it's just a regular business.
But even run with the hospital example - if a private hospital was set up using debt and then the profits went to the owner BUT they spent more on staff and equipment than any other hospital then nobody would complain...
comment by meltonblue (U10617)
posted 2 hours, 48 minutes ago
https://twitter.com/swissramble/status/1302855202089971713?s=21
Always good for financial analysis of football clubs.
----------------------------------------------------------------------
So the TL:DR version of that is Liverpool’s revenue just about covers operating expense.
The 200m in profit from the last 3 seasons was generated by player sales. Without those they would’ve broken even.
They’re a sell to buy club then
I'm not sure where I read it...but the likes of Salah & Van Dijk got around 400k the seasons we won the CL and PL. Hence our wage bill being through the roof.
Mane, Alisson, Firmino, wont be far behind them either.
They need to generate more cash somehow, I would say.
Sign in if you want to comment
Finances comparison
Page 2 of 4
posted on 1/9/21
comment by The Mur Man (U22601)
posted 1 minute ago
Iv just purchased a business using a bank loan.
Iv increased revenue.
Im paying the loan off via the thriving business.
What am i doing wrong?
----------------------------------------------------------------------
You hired Ed Woodward
posted on 1/9/21
United have never been priced out of a transfer since the Glazers took over.
posted on 1/9/21
comment by Boris 'Inky’ Gibson (U5901)
posted 2 minutes ago
United have never been priced out of a transfer since the Glazers took over.
----------------------------------------------------------------------
What's that got to do with anything?
posted on 1/9/21
comment by Boris 'Inky’ Gibson (U5901)
posted 11 minutes ago
United have never been priced out of a transfer since the Glazers took over.
----------------------------------------------------------------------
I have no issue with the transfer kitty they have given managers. It's always been more than enough to compete.
My issue with them has always been the debt and allowing Ed Woodward to run the club on their behalf. He's been out of his depth since day one.
posted on 1/9/21
The Mur Man, you ok?
posted on 1/9/21
your quick good has come up with precovid numbers mate.
the covid numbers are out and man utd dropped massively and LFC did drop but less there was may 2020 number showing utd on 509mil and LFC on 498mil.
the wages are hard to compare as you never know what in in those numbers. staff, players, match day stewards, caterers etc etc etc.
I nthe ned does it really matter if the glaziers are harvesting cash? really? thats a manu tud fan issue
We know our own owners are harvesting revenue via FSG deals on the back of us and therefore never see the things they are getting. nobody does anything for nothing.
the 70mil stand over 3 years is all well and good, thats started so how the money is parcelled out i don't know.
the 50mil over 2 years for kirkby is well known, again how melwood resolution financed it I'm not entirely sure.
We think man utd have not spent anything near that in Carrington or old trafford.
man utd are buying players to improve thier team and have thus far AFTER mourinho was sacked got it probably mostly right. is it a lot of money, sure it is.
did LFC back klopp a bit, sure they did, he got a few sales to fill his boots and it helped.
posted on 1/9/21
comment by Pride of the North (U6803)
posted 43 minutes ago
There's two different sides to the coin for me. When it comes to Liverpool and FSG, where does all your money go? Your business model seems to be spending money from player sales. So where does all your other revenue go?
As for the Glazers, people still don't seem to grasp the fact that they do not put money into the football club. They take money out of it though.
They took over the club using somebody else's money, then used the club to pay off that debt.
What if I bought your house off of you and then got you to pay my mortgage for me. It's my house but you're footing the bill for it.
----------------------------------------------------------------------
Isn't your last paragraph basically describing the process of buy to let?
posted on 1/9/21
comment by Pride of the North (U6803)
posted 33 minutes ago
comment by The Mur Man (U22601)
posted 2 minutes ago
comment by Pride of the North (U6803)
posted 1 minute ago
There's two different sides to the coin for me. When it comes to Liverpool and FSG, where does all your money go? Your business model seems to be spending money from player sales. So where does all your other revenue go?
As for the Glazers, people still don't seem to grasp the fact that they do not put money into the football club. They take money out of it though.
They took over the club using somebody else's money, then used the club to pay off that debt.
What if I bought your house off of you and then got you to pay my mortgage for me. It's my house but you're footing the bill for it.
----------------------------------------------------------------------
If you took out a business loan, would there be anything wrong with you using earnings from the business to pay that loan?
----------------------------------------------------------------------
Well it depends if I'm impacting the growth of the business.
If I took over a hospital for example, using borrowed money and used the it's money to pay of the debt and took it away from providing equipment, staff and medicine that wouldn't be in the hospitals best interests.
----------------------------------------------------------------------
Comparing United to a hospital ffs
posted on 1/9/21
comment by Alisson Becker, Liverpool's Number 9 (U3979)
posted 7 minutes ago
comment by Pride of the North (U6803)
posted 33 minutes ago
comment by The Mur Man (U22601)
posted 2 minutes ago
comment by Pride of the North (U6803)
posted 1 minute ago
There's two different sides to the coin for me. When it comes to Liverpool and FSG, where does all your money go? Your business model seems to be spending money from player sales. So where does all your other revenue go?
As for the Glazers, people still don't seem to grasp the fact that they do not put money into the football club. They take money out of it though.
They took over the club using somebody else's money, then used the club to pay off that debt.
What if I bought your house off of you and then got you to pay my mortgage for me. It's my house but you're footing the bill for it.
----------------------------------------------------------------------
If you took out a business loan, would there be anything wrong with you using earnings from the business to pay that loan?
----------------------------------------------------------------------
Well it depends if I'm impacting the growth of the business.
If I took over a hospital for example, using borrowed money and used the it's money to pay of the debt and took it away from providing equipment, staff and medicine that wouldn't be in the hospitals best interests.
----------------------------------------------------------------------
Comparing United to a hospital ffs
----------------------------------------------------------------------
Wonder what all the money they’ve spent on transfers would come under in this analogy? Equipment, staff of medicine?
posted on 1/9/21
As others have touched on, If I was a Liverpool fan I would be asking questions of where the money is going. In the latest figures I can find Liverpool operating income is only 24m dollars less than Uniteds, however their operating profit in over 100m less.
posted on 1/9/21
comment by FieldsofAnfieldRd (U18971)
posted 5 minutes ago
comment by Alisson Becker, Liverpool's Number 9 (U3979)
posted 7 minutes ago
comment by Pride of the North (U6803)
posted 33 minutes ago
comment by The Mur Man (U22601)
posted 2 minutes ago
comment by Pride of the North (U6803)
posted 1 minute ago
There's two different sides to the coin for me. When it comes to Liverpool and FSG, where does all your money go? Your business model seems to be spending money from player sales. So where does all your other revenue go?
As for the Glazers, people still don't seem to grasp the fact that they do not put money into the football club. They take money out of it though.
They took over the club using somebody else's money, then used the club to pay off that debt.
What if I bought your house off of you and then got you to pay my mortgage for me. It's my house but you're footing the bill for it.
----------------------------------------------------------------------
If you took out a business loan, would there be anything wrong with you using earnings from the business to pay that loan?
----------------------------------------------------------------------
Well it depends if I'm impacting the growth of the business.
If I took over a hospital for example, using borrowed money and used the it's money to pay of the debt and took it away from providing equipment, staff and medicine that wouldn't be in the hospitals best interests.
----------------------------------------------------------------------
Comparing United to a hospital ffs
----------------------------------------------------------------------
Wonder what all the money they’ve spent on transfers would come under in this analogy? Equipment, staff of medicine?
----------------------------------------------------------------------
Good analogy pride👍
Too bad that scoucers are too thick to understand it.
posted on 1/9/21
comment by FieldsofAnfieldRd (U18971)
posted 7 minutes ago
comment by Alisson Becker, Liverpool's Number 9 (U3979)
posted 7 minutes ago
comment by Pride of the North (U6803)
posted 33 minutes ago
comment by The Mur Man (U22601)
posted 2 minutes ago
comment by Pride of the North (U6803)
posted 1 minute ago
There's two different sides to the coin for me. When it comes to Liverpool and FSG, where does all your money go? Your business model seems to be spending money from player sales. So where does all your other revenue go?
As for the Glazers, people still don't seem to grasp the fact that they do not put money into the football club. They take money out of it though.
They took over the club using somebody else's money, then used the club to pay off that debt.
What if I bought your house off of you and then got you to pay my mortgage for me. It's my house but you're footing the bill for it.
----------------------------------------------------------------------
If you took out a business loan, would there be anything wrong with you using earnings from the business to pay that loan?
----------------------------------------------------------------------
Well it depends if I'm impacting the growth of the business.
If I took over a hospital for example, using borrowed money and used the it's money to pay of the debt and took it away from providing equipment, staff and medicine that wouldn't be in the hospitals best interests.
----------------------------------------------------------------------
Comparing United to a hospital ffs
----------------------------------------------------------------------
Wonder what all the money they’ve spent on transfers would come under in this analogy? Equipment, staff of medicine?
----------------------------------------------------------------------
Phil Jones' medical treatment
posted on 1/9/21
https://twitter.com/swissramble/status/1302855202089971713?s=21
Always good for financial analysis of football clubs.
posted on 1/9/21
There’s some graffiti near Old Trafford saying ‘Hate The Glaziers’.
Presumably written by someone unhappy with the quality of their double glazing.
posted on 1/9/21
Following on from the official stock market announcement about Ronaldo, the value of MUFC increased by $198 million in 48 hours.
posted on 1/9/21
comment by Beeb - Legacy Fan (U1841)
posted 37 seconds ago
Following on from the official stock market announcement about Ronaldo, the value of MUFC increased by $198 million in 48 hours.
----------------------------------------------------------------------
The Glaziers will be raking it in then
posted on 1/9/21
Nah, it’s already dropped back to the same level as before.
posted on 1/9/21
Who do you think United will go for in January?
Justin Bieber, someone from the world of K-Pop
posted on 1/9/21
comment by Boris 'Inky’ Gibson (U5901)
posted 1 hour, 12 minutes ago
Who do you think United will go for in January?
Justin Bieber, someone from the world of K-Pop
----------------------------------------------------------------------
Mix Diskerud
posted on 1/9/21
If the problem with the Glaziers was that they had Woodward in charge then the protests were very disproportionate.
Ultimately what do fans want from an owner - develop the structure and finances of the club and be willing to buy players. Haven't the Glaziers done all of that except maybe develop the structure but they inherited a team with the biggest stadium and some of the best facilities anyway.
posted on 1/9/21
comment by The Luke Show (U8522)
posted 2 hours, 16 minutes ago
comment by FieldsofAnfieldRd (U18971)
posted 5 minutes ago
comment by Alisson Becker, Liverpool's Number 9 (U3979)
posted 7 minutes ago
comment by Pride of the North (U6803)
posted 33 minutes ago
comment by The Mur Man (U22601)
posted 2 minutes ago
comment by Pride of the North (U6803)
posted 1 minute ago
There's two different sides to the coin for me. When it comes to Liverpool and FSG, where does all your money go? Your business model seems to be spending money from player sales. So where does all your other revenue go?
As for the Glazers, people still don't seem to grasp the fact that they do not put money into the football club. They take money out of it though.
They took over the club using somebody else's money, then used the club to pay off that debt.
What if I bought your house off of you and then got you to pay my mortgage for me. It's my house but you're footing the bill for it.
----------------------------------------------------------------------
If you took out a business loan, would there be anything wrong with you using earnings from the business to pay that loan?
----------------------------------------------------------------------
Well it depends if I'm impacting the growth of the business.
If I took over a hospital for example, using borrowed money and used the it's money to pay of the debt and took it away from providing equipment, staff and medicine that wouldn't be in the hospitals best interests.
----------------------------------------------------------------------
Comparing United to a hospital ffs
----------------------------------------------------------------------
Wonder what all the money they’ve spent on transfers would come under in this analogy? Equipment, staff of medicine?
----------------------------------------------------------------------
Good analogy pride👍
Too bad that scoucers are too thick to understand it.
----------------------------------------------------------------------
It's not a good analogy whatsoever. A hospital is not a business FFS. It's a public service.
I know people think football is something far greater but it's just a regular business.
posted on 1/9/21
But even run with the hospital example - if a private hospital was set up using debt and then the profits went to the owner BUT they spent more on staff and equipment than any other hospital then nobody would complain...
posted on 1/9/21
comment by meltonblue (U10617)
posted 2 hours, 48 minutes ago
https://twitter.com/swissramble/status/1302855202089971713?s=21
Always good for financial analysis of football clubs.
----------------------------------------------------------------------
So the TL:DR version of that is Liverpool’s revenue just about covers operating expense.
The 200m in profit from the last 3 seasons was generated by player sales. Without those they would’ve broken even.
They’re a sell to buy club then
posted on 1/9/21
I'm not sure where I read it...but the likes of Salah & Van Dijk got around 400k the seasons we won the CL and PL. Hence our wage bill being through the roof.
Mane, Alisson, Firmino, wont be far behind them either.
posted on 1/9/21
They need to generate more cash somehow, I would say.
Page 2 of 4