Gives financial sense as to why we`ve not yet bid and falls in line with people saying an offer will be made next week
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Jadon Sancho| Staying at Dortmund for now
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I can't see Dortmund settling for something that much below their valuation after all their protestations/announcements in the press.
It will completely put them on the back foot for any future transfer dealings.
It will completely put them on the back foot for any future transfer dealings.
I don't get this - investors aren't stupid. Whether you spend now or in 1 week they aren't going to be blind on the impact on finances just because it happened after the quarterly report.
In Samuel's puny mind, it probably made sense though!
This isn't alive, but the media want to keep it alive as it's the biggest transfer that's likely to happen before deadline day.
You all understand Sky will never say the deal is dead because they want people tuning into their transfer window horseshit, yeah?
It's in their interests to constantly throw out lies about how "It's still very much on".
It's in their interests to constantly throw out lies about how "It's still very much on".
Maybe they thought that in this next quarter there would be fans back in the stadium and therefore more revenue?
Apparently, there was talk of getting around 20k fans in for some home matches but obviously, this second wave has nipped it in the bud for now.
yes. and make that offer in final week and that cheque looks more and more attractive as you approach the end of that decision window, while United spam the German media with nightmare covid19 economic scenarios for German clubs. Sancho may need to go public with his desire to leave, maybe United can add a final extra clause, and hopefully Sancho is available to make his debut vs Spurs.
thanks for helping me understand
That's not true. If it's off, they are briefed as they were with De Ligt and Griezmann, and it would abruptly end with weeks of the window left. Sky ran their own headlines with "United cool interest" and we were never linked again.
Here it's different, the message from the club is that Sancho remains a priority target. It's not got anything to do with a vested interest. The video actually says Dortmund want an x amount and Woody wont pay it, so they are hinting at an unlikelihood if anything else.
I'm certainly not getting excited at this stage. Expect the worse but hope for the best.
If we can sign him it could transform our season, really hope the club have the money and desire to push on.
You could also have the deal agreed and ready to sign the papers on the 1st October. You don't have to wait until September 30th to put in your offer.
That's why I find this report odd. I can understand a covenant angle but not this.
Same. Imagine all summer saying he's staying and every report stating them demand 108 and then end up selling for 90 million in the last week of the window.
The second wave makes this more plausible than it might have been a few weeks ago to be fair. Dortmund wont be getting fans in as much as they would have forecasted.
From a business/financial perspective aren't quarters about spreading the ups and downs (or how you report them) over the course of the year, it just makes better reading for a businesses finances if costs are spread. Or something?
Chelsea didn't get 143 up front for Hazard. They got 40 odd million last summer, 60 odd this summer and the remaining next summer.
What investors know and whats actually on the books of accounts and what should be displayed on the books of accounts are two very very different things though
Covenants can be easily waived though especially during a pandemic and if you have shown you have the finances to eventually pay it back which Utd defo do its not as big a crisis as people are making it out to be the covenant thing was speculation to give Utd more negative PR
It’s a good job he’s coming then ain’t it!
Don't they already have form for going back on statements, or so we've been told many times in this thread?
Maybe the recent issue surrounding stadium attendances being kept to zero for some time yet might make them re-think.
I've not read this, but I'm guessing this is about that £65m clause? Why the hell didn't United just tell Dortmund they could not negotiate until that was dealt with? It's hardly a secret.
An interesting point on delaying our final earnings announcement until after the transfer window shuts.
Typically in our June year end financials, we will have received a large sum of broadcasting and commercial revenue which will bolster our cash reserves significantly.
It might be a bit far fetched, but woodward and co. may not want to reveal the contents of their bank account before making a sizeable transfer bid.
The idea to delay a transfer so you are made to look like you had a stronger quarter still seems soft. Plausible I Guess.
What we can take is Athletic/MEN/Ducker have all pointed to a bid being made in the final week of the window even though each one points to a different reason why we wait until then. The takeaway point that a bid will happen is encouraging though.
Think it was @Tom Cato who rightly pointed out that covenants are more common in times of distress where the borrower is struggling to make payments rather than waived so they can fund an investment.
The thing is, short of a miracle and a viable and replicable vaccine being found this side of the season ending (let alone it being distributed widely enough that capacity crowds are back and there to stay), I really don't see how they can expect another fee in the same ballpark next year.
Pretty much every club outside of the oligarch and petrol-dollar clubs are not confident at all in how they will come out of Covid, And the clubs in the richest, most powerful league around are the ones who are set to suffer the most, due to the failings of Boris & co. I just don't know how there will be that captive market for him that clubs will be offering what Dortmund will want.
I love how page after page has been triggered by the notion some random journalist knows we're going to low ball Dortmund next week and have decided to let the world know of our intention to do so well in advance.
Its proper old school negotiations. Seller initially quotes a price, hold firm for 90% of the negotiation but knowing he will also reduce at the final moment. BVB can use 2nd wave and Sancho downing tools as the excuse for caving in and price reduction.
We all like to take the piss out of Woodward, and sometimes his plans blow up in his face, but he also isn't stupid, certainly not in financial matters. He will have done enormous due diligence into BVB's financial status and how that impacts their future plans. Im sure he also has a back channel into BVB to get latest inside information. I think he concluded that it's long been BVB plan to sell Sancho to Manchester United this summer: they need the cash for their own longer term plans and that was even before covid19 bomb. It's just too risky to hold onto such a high value perishable asset in these times, especially as he won't command a higher price next summer.
I'm going to love it either way when we lowball the shite out of them
I wonder if sancho will kick up a fuss?
For a long time it seemed like we were going to no ball them, so people are just excited.
I just don’t see how letting the window run down has been favourable for us. How is this meant to reduce the price or put pressure on Dortmund?
It’s less time for them to replace him, and we’re obviously more desperate because we don’t have time to sign anyone else. We also looked embarrassingly shit against Palace, which doesn’t help.
It’s less time for them to replace him, and we’re obviously more desperate because we don’t have time to sign anyone else. We also looked embarrassingly shit against Palace, which doesn’t help.
Maybe we did and that's why Dortmund shut up with all the tweets saying you just love to see it and all that crap.
James Cooper has been roller coaster for Sancho's saga. I remember at one point he said the issue wasn't the transfer fees but the personal term with Sancho and his agent. And then few weeks later he said the issue wasn't the personal term but actually the transfer fees. He's basically being used & controlled as a puppet by the board/club. Need to get more sources not just from the club.
Just when I thought I was out , They pull me back in !
From the shareholders meetings and stuff, it's clear to me that United investors don't think that way. As long as the business side of things are profitable, they'd understand investment in the following quarter. Normally the way of assessing that is obviously the quarterly report and United probably have per quarter targets to meet. Making big investments in the following quarter is understandable if it makes sense financially and is seen as a necessity for success on the pitch.
Would be nice wouldn't it?
that title change has brought me back in ffs 
Welcome back. It’s going to be lovely
There's a weird **** on here who are determined to be negative and wanting everyone to believe that this deal won't happen. Maybe it won't, but why are people so insistent on making others believe it won't happen?? Especially when all media reports say the same thing, we are apart in valuation but the deal is still alive. It's not like Griezmann or Dybala or De Ligt when the reliable sources shut them down as soon as our pursuit ended.
Just when I thought I was out ,I accidently look at this thread and post a comment.
Ahh!
Ahh!
Am I the only person to have complained to Ofcom about James Cooper's beard?
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