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FFP Breakdown by Accountant/Football Fan
Topic Started: Feb 21 2013, 02:26 PM (20,305 Views)
DaG
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Top Button Wanker
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ZeeZoo
Sep 18 2013, 03:20 PM
DaG
Sep 18 2013, 03:14 PM
ZeeZoo
Sep 18 2013, 03:12 PM
First of all you're stadium is quite a bit smaller than ours
Irrelevant.
Trailing £20M a year behind in matchday revenue. Relevant.


BOOM.
Err, no. We earned 95m in matchday revenues for the 11/12 season compared to United's 99m. 3rd was Chelsea with 78m, and they made it to the CL Finals that season lol. Small, small club.
https://twitter.com/mediocentroEN
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ZeeZoo
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Our matchday revenue this year is £110M, I suspect Arsenal's will be in the region of £100M. So we'll at least be £5-10M a year ahead on matchday revenues. Relevant.
BELIEVE
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DaG
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First you were on about a 20m difference, now you're down to 5m. Out of your depth I'm afraid.
https://twitter.com/mediocentroEN
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AntMcfc
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The lad on SSN said despite United showing profits they're still not actually making profits because of the interest on their debts.
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DaG
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AntMcfc
Sep 18 2013, 03:28 PM
The lad on SSN said despite United showing profits they're still not actually making profits because of the interest on their debts.
Correct, but it's pretty irrelevant. United's turnover is massive and will continue to grow, the debts won't be there indefinitely.
https://twitter.com/mediocentroEN
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ZeeZoo
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Ronaldinho
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I didn't know our 11/12 matchday revenues and didn't expect them to be so shit/Arsenal's to be so good. We're a far bigger and better club ffs that plays a higher standard of football yet Arsenal ffs are just trailing behind.

Imagine if the twats reached the CL latter stages, probably eclipse our revenue ffs.

Regardless, £5-£10M a year is very relevant because over 10 years that is worth £50-100M.
BELIEVE
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DaG
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ZeeZoo
Sep 18 2013, 03:31 PM
Regardless, £5-£10M a year is very relevant because over 10 years that is worth £50-100M.
Meh, that's a drop in the bucket.
https://twitter.com/mediocentroEN
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ZeeZoo
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AntMcfc
Sep 18 2013, 03:28 PM
The lad on SSN said despite United showing profits they're still not actually making profits because of the interest on their debts.
Net profit was £140M, servicing the debts cost us about £70M a year.

£70M+£48M off the debt leaves us with a near £20M net profit. Dunno what you're twat lad on SSN is saying but we're paying off interest as well as the debt comfortably WHILST making a net profit. Now if we're forecasted to make an extra £100M in revenue by the end of 2015 the debt will be comfortably serviced.
BELIEVE
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I BOW TO RAIDZ
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ZeeZoo
Sep 18 2013, 03:31 PM
I didn't know our 11/12 matchday revenues and didn't expect them to be so shit/Arsenal's to be so good. We're a far bigger and better club ffs that plays a higher standard of football yet Arsenal ffs are just trailing behind.

Imagine if the twats reached the CL latter stages, probably eclipse our revenue ffs.

Regardless, £5-£10M a year is very relevant because over 10 years that is worth £50-100M.
Arsenals ticket prices are obscene. Must be the highest in the world.
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ZeeZoo
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City offer the cheapest season tickets lmfao.

And yeah they do, because "London". They're probably only £10M behind Real in matchday revenue too despite Emirates being 25K less and Real reaching the latter stages of cup competitions.
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AntMcfc
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ZeeZoo
Sep 18 2013, 03:34 PM
AntMcfc
Sep 18 2013, 03:28 PM
The lad on SSN said despite United showing profits they're still not actually making profits because of the interest on their debts.
Net profit was £140M, servicing the debts cost us about £70M a year.

£70M+£48M off the debt leaves us with a near £20M net profit. Dunno what you're twat lad on SSN is saying but we're paying off interest as well as the debt comfortably WHILST making a net profit. Now if we're forecasted to make an extra £100M in revenue by the end of 2015 the debt will be comfortably serviced.
Yeh, one of the finest economists in England is chatting shit and you know exactly what you're talking about.
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DaG
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Nobody said he was chatting shit. It's simply irrelevant.
https://twitter.com/mediocentroEN
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ZeeZoo
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AntMcfc
Sep 18 2013, 04:57 PM
ZeeZoo
Sep 18 2013, 03:34 PM
AntMcfc
Sep 18 2013, 03:28 PM
The lad on SSN said despite United showing profits they're still not actually making profits because of the interest on their debts.
Net profit was £140M, servicing the debts cost us about £70M a year.

£70M+£48M off the debt leaves us with a near £20M net profit. Dunno what you're twat lad on SSN is saying but we're paying off interest as well as the debt comfortably WHILST making a net profit. Now if we're forecasted to make an extra £100M in revenue by the end of 2015 the debt will be comfortably serviced.
Yeh, one of the finest economists in England is chatting shit and you know exactly what you're talking about.
One of the finest economists in England on Sky Sports News?


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Anyway, the documents have been published ffs, read them.
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ZeeZoo
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Ronaldinho
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I said he's chatting shit and he is.

http://www.theguardian.com/football/2013/sep/18/manchester-united-record-financial-results

"United's gross profit of £146m was reduced by the £71m finance costs and paying off £48m of the Glazer debt, to an adjusted £17m."

BELIEVE
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Goonie
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Visça el Barça!!!!!
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This thread shows what a joke ZZ is. Not a football fan at all. History and tradition must mean fuck all to him.
Edited by Goonie, Sep 18 2013, 05:59 PM.
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