Recent content by Coolcal

  1. United debt up £137 million

    I'm afraid Tom Cato is wrong. Cash at the end of September was £140M. 2019/20 EBITDA is forecast to be £155/165M. The September 2019 interim statement which will detail the numbers isn't available yet, however we will still owe more on transfers than we are owed. Also, if there's no Champions'...
  2. Manchester United Financial thread

    The increase in cash as at this June followed a £95M reduction in trade debtors (not related to player transfers). This will not recur this year. Of the £187M owed for player recruitment £110M is due this financial year which is managable but restricts funds for transfers
  3. Manchester United Financial thread

    A few points on the 2018/19 financials - 1. All United post-tax profits, and more, are paid away as dividends (£23M, mainly to the Glazers). Net assets have fallen for the second sucessive year. The Glazers are not good owners! 2. The £307M cash balance is of limited comfort. First, it's a...