United release latest figures
Football
Posted at 12:10
Manchester United have reported a 12.2% drop in revenue to £194.4m from £221.4m for the six months to the end of 2014.
The club's gross debt is up 6.7% to £380.5m from £356.6m.
Debt up 6.7% doesn't sound good at all :D
Hilarious :D
Still be able to spend loads under these FFP rules.
Joke
Had they not spent £200m they would only be £135m in debt and prob debt free in 2 years saving millions a year paying it off.
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Quote from: stephenmcfc on February 12, 2015, 13:25:17
United release latest figures
Football
Posted at 12:10
Manchester United have reported a 12.2% drop in revenue to £194.4m from £221.4m for the six months to the end of 2014.
The club's gross debt is up 6.7% to £380.5m from £356.6m.
bless, It could not of happened to a better club :)
So they dropped £27mil in revenue and increased £24mil in debt for only 6 months of the year. Won't be til year end that we know what dropping out of the Chumps league has cost them... You could also say that they were pretty much breaking even with the way they were spending before (dependant on transfer business). Who did they buy in Jan?