- Aug 17, 2014
Some fairly obvious double counting in that. If the Ronaldo transfer fee paid off debt that would already be included in the debt figure in point 1.This is the photo that has been distributed a lot around twitter. Obviously I don’t know how accurate it is.
I don’t know why the sale of shares would be included in these calculations as that is their capital investment and doesn’t affect the club. The club would effectively get back that money from a new shareholder.
Point 7 mentions a special dividend. Surely that’s already included under the dividends in point 4.
Why include payments to Woodward as if other chief executive wouldn’t be paid a few million in wages?
It’s no defence of the Glazers but those figures are utter rubbish. The number is more like half that, which is still a crazy amount of money.