United's transfer budget and current FFP/PSR concerns

Gandalf

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We are not worried about it as such, it's just interesting to try and guage our budget , and then we can give a better opinion on if a transfer target is worth that portion of our budget.
Our budget is whatever INEOS decide it will be. There have been a few articles which lay out how we could spend anything from 4M to 400M this summer without any PSR concerns, we have any number of ways to increase the budget should we want to. The issue which constrains our spending is the appetite of our ownership to spend and commit their own resources to the club. I get the feeling INEOS will not be careless with money but do understand that we need to act responsibly moving forward, we have been the silly money for too long now and so we need to shake that reputation. We will never reveal how much we could spend anyway as that just invites selling clubs to gouge us, far better to plead poverty and plant multiple stories that we are struggling with PSR.
 

JJ12

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I don't know if it's true , but we don't need to wait for the money to build up in our piggy bank first.

We can go ahead and get deals done , and look to balance books after if needs be.
I don't think large businesses work like that, throwing caution to the wind.
 
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https://www.manchestereveningnews.co.uk/sport/football/manchester-united-record-71m-loss-29513663

This does not look good. But I must admit that I do not have a great overview or knowledge of the rules within the area. So can someone with better knowledge explain whether we can risk a points reduction (like Everton) or other punishment due to the bad accounting?
It’s only one quarter and one where we had some non PSR expenses and (per article) had a lot less home games. I think the quarter also includes the £30m+ (!) costs that we paid for the Glazers to sell some shares to SJR.. and they’re “one off” (below linked tweet references this and also that we’re expecting strong turnover… which various other sites say including US financial sites).

We’re fine… which is odd because MEN make it sound like a disaster and it’s not like them to be negative.

But even if all rosy, we’re not chucking large fees at players… especially over rated ones.

 

Bright_Eyes

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It is a bit of a click bait story to be honest.
From the MEN? Well I never! I stopped clicking on their articles a while ago after getting really frustrated at their clickbaityness. I think they're even worse than the other tabloids for it. They often post titles like "ETH finally speaks on Sancho issue" and the article is just a recap of what's happened and a quote from that says "I have no comments".
 

Infra-red

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It is not possible for us to know because some of the relevant figures are not in the public domain. It also doesn't really matter (whether or not we, as fans, know).
 

Sunny Jim

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Others will know more.

But these totals include various spending that doesn’t count towards PSR (infrastructure spending etc) and also still includes the Covid season where certain allowances were made.

I would suggest that because we weren’t one of those desperate to do sales prior to July as seen with other teams we aren’t concerned. But that will also be one of the reasons for the JB low original bid.
Am I right thinking that spending on infrastructure, women and youth actually improves your PSR?
I could swear I heard that on the Athletic podcast.
 

dinostar77

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There are so many knowledgable posters on here when it comes to FFP and PSR. What is the current situation with FFP and PSR for United? I've seen 50m reported before we qualified for the Europa, now reported 75m, that the club can spend before sales.

Is this being used to somehow reposition United so it's not a cash pot for others like it was under Woodward (and Arnold), or to lower fans' expectations?

What money does the club actually have to spend, leaving aside FFP/PSR? And how much cash can Ratcliffe inject into the club immediately?
Ornstein said yesterday that we are negotiating with bologna to pay a slightly higher fee than the release clause amount, so we can stage the payments over the duration of Zirkzee's contact. Having to pay the full £43mil in one go will limit us on other transfers we want to complete this summer.

Also it will be a one in one out process, we have to make sales i.e. VDB, Sancho, Greenwood etc.

Make of that what you will.
 

mkso

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Said Leeds fans, Pompey fans, Barca fans..... should I go on?
The primary responsibility for ensuring the financial health and stable operation of the club lies with its professional financial teams. These experts possess the necessary experience and knowledge to manage complex financial issues effectively. As fans, our main role is to support the team and revel in the excitement and passion that matches bring.

Moreover, concentrating on the club’s financial matters can lead to unnecessary anxiety and stress for fans. Football should be a source of entertainment and relaxation, not another cause for worry. By entrusting financial matters to the professionals, fans can enjoy matches with peace of mind, knowing that the club’s finances are in capable hands.

It's also worth noting that while some clubs have faced financial difficulties due to mismanagement, these are typically extreme cases. Most club management teams can learn from these failures and refine their financial practices. Over-worrying about such rare occurrences can detract from fans' ability to fully support and enjoy their team.
 
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wolvored

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I know nothing of the finances involved, so as a layman, I would imagine long term it would be better for JR three year plan to buy two promote two and try and move at least three on a year, over the three years. With end of contracts coming for some of the players the moving on at least three should be easy and a good plan to keep within the FFP. We all know we wont challenge for the title next season, but the aim in the short term should be regular top 4.
Out of the 300k+ a week club Casemiro will probably be here till the end. I think if the Saudis wanted him and offering a lot more than Utd, he would be gone by now.
Dont know how long Sancho has left, but surely we will get rid with a lowball offer eventually. Being as JR didnt sign him, surely this is the best option.
Rashford will most likely run his contract down as well.
 

GoldanoGraham

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I think that it is prudent that we are not hearing things like a £250m war chest for this summer. That nonsense always helped to drive the prices up.