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Old 27th January 2012, 15:15   #121 (permalink)
GCHQ
Glazer Crevice Headquarters
 
Join Date: Feb 2010
Location: Sir Alex Ferguson, Ben Foster, Hayley McQueen..... they can't all be wrong!
Posts: 3,871
Quote:
Originally Posted by Neo_Mufc View Post
I don't know all the figures and facts like you and others do but the whole point of what people are against is did we need a leveraged buyout of our club, you don't seem to grasp that side of the argument? Ok commercial revenue is up but don't tell me it's all the Glazers and SAF's management of our club hasn't influenced some of those deals.

We've won an array of trophies in the past 5 years including 3 champions league finals so I'm not surprised companies want to be associated with us. Doesn't take a genius to figure that out.

Competitive with Chelsea after Abromavich came . Erm are we competitive now? I think not, they can still out muscle us when it comes to signing players.

You talk about Ronaldo's fee distorting the figures, more like distorting your reasoning of how great the glazers have been for us. How can you justify a net spend lower than Aston Villa, Sunderland and Stoke in the last 5 years?

Our net spend in the past decade has been approx 173m.

2002-2005 - 83 million
2005-2011 - 90 million.

Net spending under the PLC for those 4 years doesn't look that shabby compared to the 7 of the glazers. Even if you want to pretend we didn't get the 80 million for Ronnie and add on 30 million(50million for Ronnie) to the glazers there's not much difference.

Now please justify how those interest payments have been of benefit to us.
I'm not getting into yet another in depth discussion about the Ronaldo money and net spend figures. Even I'm bored to death of that. At the end of the day if you can't appreciate how much that £80m fee distorts the net spend calculation under the Glazers ownership then god help you quite frankly. In gross terms the cash expenditure on players under the Glazers is over £250m.

I've already explained how those interest payments and the debt have been of benefit to us. Read my posts.
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