I am not very familiar with finance. Glazer is the owner of the club, so just like any business or publicly traded company, any money spent in the club either on infrastructure, player transfer or wages, is "his" money, right? How does it different if you borrow money from the bank to buy a franchise like a McDonald and use the revenue/profit to pay off the interest or debt?
Xavi (Spanish Lego Pep) | Sacked, Backed, then Sacked
- Thread starter Samid
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In the latest episode of the United Hour Podcast, Nik (@Rood) was joined by comedian Ali Woods to look back at the best and worst moments of a rollercoaster season with the annual United Hour Awards.
Has Ten Hag been sacked yet? We're not sure and we hope not, but it's looking more likely as the days pass.
Who should replace him and why is it taking so long to make a decision?
Talking about how they need more signings in the winter?
I don't know how much Barca can give him in the winter transfer window, probably not much, considering what they have already spent.
I don't know how much Barca can give him in the winter transfer window, probably not much, considering what they have already spent.
A very impressive hologram!
Hey the guy works hard, no need to insult him like that
Isn't it a hologram if it was actually as seen in the studio? Seems more just like a simple green screen graphic overlay that only the audience can see.
Is that the first time a Spanish manager is talking in english on La Liga tv?
This is creepy.
Not as creepy as my web browser autoplaying every single video on this page at the same time.
This wanker also moaning to the ref like the other Lego. Utter cnut.
Utter moron.
Schooled tonight and he knows it.
He has incorporated elements of Stoke style direct football which I did not expect from a guy like Xavi.
I like what he has done with his Barcelona team. They aren’t afraid to play direct football and mix it up more than the Barcelona teams of the recent past.
What was the two times he kept referencing? I get the Fred call, but can’t remember which other.
Such an insufferable moaning creature. Was the same as player.
Another one from the Pep school of cnuts. Him and Arteta are both whinging cretins who think they’re far better than they actually are.
Honestly I quite like him, think he's doing a pretty good job.
What is it about these ex-Barca Spanish managers that make them such insufferable cnuts?
Spanish Lego Pep? They both are spanish!
We were definitely the better team and should have won but he’s still done a very good job which was evident from their football (and their position in the table).
The way you think it works is like how a "mom and pop" shop is being run - if it's a small scale family business, technically yes any money that comes into the till is "your" money. However, things become slightly complicated because say if some family member takes money from the till willy-nilly then it becomes difficult to reconcile actual business earnings if the money left in the till at the end of the day does not match up with sales. Also, as a properly run business you want to make sure that you make a profit - which means that you should make a profit (a.k.a profit margin) after factoring in cost of goods sold, rental cost, employee cost, ops cost etc. and it becomes absolutely crucial to make sure you know how much cost is going into the business v.s how much you are making after deducting cost.
Additionally, personal tax rate is different from business tax rates. Business tax rates are often lower (after taking into consideration the subsidies) so it becomes crucial to keep things separate between personal and business.
To ensure that things are being tracked properly, what happens then at any business that exercise proper accounting is to dis-associate the business from personal account. Whatever surplus a business has comes back into the business and may be used to either restock sold goods or potentially reinvest into the business.
Now, this is more crucial if the you have more than one business. You want to make absolutely sure that one business is not subsidising the other. This is not yet taking into account the complexity of each business having to pay their own employees and taxes.
Coming back to us - the way Glazers took a loan which is not based on his personal wealth and assets, but rather on the projected future earnings of Man Utd. If for whatever reasons the venture fails, Man Utd will be liable to return the loan, not Glazer. To highlight how ridiculous this is - imagine I wanted to buy Apple (the company). I took a loan from the bank based on how profitable Apple currently is and the project future earnings, and initiate an aggressive buy over of Apple using the loaned money. Any future earnings made by Apple is used to pay off the loans while I take a massive cut as the primary shareholder.
This shite is so ridiculous that EPL updated the rules around club ownership and buyouts to prevent future incidences.
Should really be Basque and Catalan Lego Pep.
He could be Qatari Pep at this rate -- having played & managed there.
He always looks on edge, wasn't this bad when he was in Qatar.
Guardiola is from Catalonia as well for fecks sake
Compared to Arteta and Klopp, his conduct is fine on the touchline.
AWB's tackle on Alba maybe ?
He was very complimentary both before and after the game, you lot just hate everyone
He played under LVG and Pep who both preferred heavy possession. But he also played under Rijkaard who played a more rigid formation with players swapping positions a lot and then Luis Enrique who blended the possession based football with a willingness to go very direct especially in transition. So natural I think he would adopt elements of all.
For me, even though Peps Barca teams smothered teams into submission I thought Luis Enrique's 2015 team was better to watch.
He has said before United are the team he likes in England and that he loves Old Trafford.
I enjoyed Pep's Barcelona the most because I had never really seen a team dominate the ball and choke other teams to death the way Pep's team did, and I really enjoyed watching how they would cut other teams apart with their passing (When it wasn't us) but Enrique's Barcelona was really good to watch as well
Not devalue our own performance, but Xavi managerial record in European competition kinda shite, isn't it?
That means he is in our good books again.
Xavi is just twerking for the United job now the Qataris are probably coming in.
I bet he doesn't even know the lyrics to the Manchester United song
I bet he doesn't even know the lyrics to the Manchester United song
Yeah he definitely wants the United job in the future.
I dont get the hate for him. He is always very respectful when talking about United.
It is, but it's also been quite limited. If he improves next season, I wouldn't expect people to mention it much after that. Inter and Eintracht are probably the only results people can legitimately hold against him.
I like him, nowhere near as cnutish as Pep and Lego Pep.
He's very respectful of us.