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MUFC are looking at a budget of about £100m, due to FFP (The Athletic)
- Thread starter jamesjimmybyrondean
- Start date
Every United story in the Athletic lately seems very negative
Tempted to DM them asking if they're ok at this point
Tempted to DM them asking if they're ok at this point
If we can make some sales then it's not that bad. Sell 5 or 6 players for another 100 mil total and we can easily afford a top quality striker and cm. The problem as we all know is how bloody useless we are at selling.
So five times more than last season?
Result!
Result!
Don’t believe a word of it. They’ve been guessing at our FFP all year
step 1: Slabhead to psg for 140 million, Mctom to psg for 80 million, DvB to psg for 50 million
step 2: Laugh
step 2: Laugh
Yeah, as if the Atlethic would actually know how much money there is to spend. What the feck is wrong with these people nowadays, journalism at its lowest.
Wiping debt would allow for more flexibility, yes no shit sherlock so the budget wouldn't be the same if the debt was wiped.
We had a 20m budget last summer too...
We had a 20m budget last summer too...
This is no surprise, I have been saying we would be hampered by ffp rules in relation to a possible Qatar takeover.
If we sell enough players, we still can have a good window. But probably no Osimhen/Neymar/Kane/Bellingham type of signings. That is probably for the best anyways.
Take that with a pinch of salt, wasn't it reported we were to spend £20m or so last summer?
ETH needs backing to continue the rebuild of this team, I'll be livid if the club don't at least try to get in his number one or two targets.
ETH needs backing to continue the rebuild of this team, I'll be livid if the club don't at least try to get in his number one or two targets.
This story has been true for months, and they've been reporting it for months, which is why we're looking to sell a bunch of players in the summer.
How about other PL clubs though? United clearly generate the most money (sorry city, I meant real money) so I don't see why they'd be hampered so much.
I fail to see how this can be true if our debt is wiped.
Isn't this due to having to cover the £300m 'credit' this summer? Not that we'd ever spend £400m anyway but you'd wonder how much we've got to spend on transfers when we need to spend at least £60m on a striker and at least another £50m on a decent midfielder.
100m net is fine no?
McTominay to Newcastle, Henderson to another club, Maguire to another club that should bring in around 70-100m on top.
Can do Kane 80-100m
CM for 30-40m
CB for 30-40m
RB for 20m
McTominay to Newcastle, Henderson to another club, Maguire to another club that should bring in around 70-100m on top.
Can do Kane 80-100m
CM for 30-40m
CB for 30-40m
RB for 20m
I believe we have to pay off our 'revolving credit facility' this summer, to the tune of £300m. We had cash in the bank for transfers before Maguire and then we blew it all and started getting loans for players, now we have to pay it back.
Debt has nothing to do with FFP though does it?
Also, £100m is an enormous sum. In real terms it's basically £500m if you structure deals as normal, over 5 years.
Who cares? The first infringement is normally a fine right? Everyone else seems to not be bothered by FFP.
No, it's revenue vs spend. So if we spend a £100m on debt and bring in £200m we only have £100m to spend.
Our net spend has barely ever been much over £100 million a season. Last season was a massive anomaly in that regard.
22/23: £-203.26m
21/22: £-99.5m
20/21: £-56.45m
19/20: £-134.87m
18/19: £-45.8m
22/23: £-203.26m
21/22: £-99.5m
20/21: £-56.45m
19/20: £-134.87m
18/19: £-45.8m
But...this is most likely for the most part true though. As per analysis by others, including our own @Messier1994 .
It's worth pointing out again because the oil-fuelled fantasies of many are getting a bit out of hand.
If we sell well (for the first time ever) then we can look at a budget of maybe £200-220m? Which is enough for some big player purchases. But I think it means the likes of Osimhen is out of reach. Maybe Kolo Muani is the cheaper second choice there saving £40m+.
That only if we're not stupid enough to get fleeced again like we did with Maguire.
Last season some journalists reported the budget as £20m. There is no set budget.
I'm assuming this is not including any potential takeover or sales proceeds from this summer.
There were rumours that some of our spend last summer was drawing on funds from this summer's transfer budget.
Casemiro and Antony are starters so they're providing a return but it was a horrendous overpay from us particularly Antony who cost £40m more than worth. You could add an extra £10m for Casemiro and that's money that could have been used for another quality player.
Hopefully we're not as wasteful this summer.
There were rumours that some of our spend last summer was drawing on funds from this summer's transfer budget.
Casemiro and Antony are starters so they're providing a return but it was a horrendous overpay from us particularly Antony who cost £40m more than worth. You could add an extra £10m for Casemiro and that's money that could have been used for another quality player.
Hopefully we're not as wasteful this summer.
Exactly, think people are also seeing a negative where their isn't one. 100m without player sales is a fantastic sum, considering what we spent last summer. We have a lot of players contracts expiring next summer, so I imagine decision on those pronto. Fully expect sales this summer.
Can someone explain how clearing our debt would make the budget more flexible?
It would be nice to have all our business done by August for once.
There is now with the new FFP rules.
It wouldn't. I don't understand what people are on about.
Our budget restrictions are due to the FFP rules which state that we can not spend more than X% of our revenue on player amortisation + wages.
We have to pay off debt, so that counts as a spend. FFP is revenue vs spend.
If we didn't have to spend £300m on debt this summer, then we'd have £300m more wiggle room. Even if we didn't have the cash in the bank, we could, in theory still spend up to £400m in the summer if we wanted to.
That and some of them are a bit shite.
At least 7 of them shouldn't play for us again but somehow I think they will
Nope.
We normally spend around £100 mill net, the biggest thing is player sales if we get it right or even decent I'd imagine we can get around £70 mill as a lower end and upwards of a £100 mill best case scenario
Oh wait so you're saying the fact the we have to pay up debt is what's limiting our budget. I thought it would be the opposite meaning we could spend more
What's limiting our spend is the UEFA squad cost rules. Last summers amortisation costs are massive, and we'll be taking them forward for the next 4 seasons.Oh wait so you're saying the fact the we have to pay up debt is what's limiting our budget. I thought it would be the opposite meaning we could spend more
Haven't read the article, but is this with CL qualification or revenues at current level (EL)?
Yeah that's true
The likes of Williams McT Henderson and Maguire will hopefully bring in a decent amount. We should have sold Williams instead of giving him that new deal. He’s not worth any more now and his wages are too high. Ditto with Henderson