GOSSIP A BIT XD: The last time i read the news, the whole of Liverpool fans were having a run of kicking the Yanks out of their club. The next moment, some yanks who own some baseball team in USA wants to buy their club. And the Liverpool fans are hardcore-supporting the new yanks.

What do you think guys? Liverpool still going to be in trouble? When Tom and George first came in, they were all about SAYING they will do all the best for the club, just like Henry.


Back to Manchester United, are the Glazers financially strong now? I heard that he is in debt and might just end up like Tom and George of Liverpool.

Source

Lol @ this never ending chase by real for our players.

Lol.. Real Madrid threat Man Utd as their youth squad? Always sourcing players from Man Utd.. Not that I'd like Roo to leave but I hope Chicha will surpass Roo..

well our yanks differ to the yanks at pool in management and boardroom.while we have strong figures looking after our clubs interest, the pools are a bit fragile in that area thus the court battles etc.

as how debt goes, were in the same boat.we have a big one and they have big one.

This post has been edited by mhyug: Oct 16 2010, 12:48 AM

The tabloids .. cannot trust wan lar ...

Anyways .. there are a few key differences between Man Utd and Liv.

1) The debt in Man Utd is long term debt. Liv's is short term.
2) Man utd cash flow is light years ahead of Liv. Revenue is much, much higher and can support the wages and interest repayments.

This will make a world of difference between the two clubs. Whether the club can maintain the success on the pitch without SAF in order to maintain that revenue, remains to be seen. So for the short term, things are fine and dandy. Look further down the road, and things get a lot darker ....

This post has been edited by +Newbie+: Oct 16 2010, 12:34 AM

something we need to embrace.i.e post fergie era.but as for will it be darker or brighter its undecided yet for either way.we might be even better or we might even go on a bad spell nothing is certain.but what can we do is be prepared and i see thats what fergie is doing.it might not come to fruition in a blink of an eye but it will come good in due time

This post has been edited by mhyug: Oct 16 2010, 12:53 AM

if u look at the club history it is always up and down.
there was a time between SMB and SAF where the club was really on the blink of doom.

yep.even before the 90's we werent exactly high flying.in fact we dont even have to look to far.take for example the time of our barren spell in the 2000's.

If Rooney dont feature even on the bench tonight, we know where he's going ...


so i hope

vds
Rafael-Vidic-Ferdinand-Evra
Nani-Anderson-Fletcher-Giggs
Rooney-Berbatov

life-after-rooney?? who will be our talismanic figure then?

why i am not surprised?

Podcast: This Weekend's Action, 9min 49sec

Have a look

Nani i think

it's tempting to say Chicharito but he needs time to show his true worth

perhaps a season or two

mebbe new star will be our new keepa?

Lol Hargreaves you really can announce retirement already ...

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Added on October 16, 2010, 11:27 amIf I am higuain I will devastated by this rumours. It means he still not good enuf for real hence make real hunt Rooney


This post has been edited by Ken: Oct 16 2010, 11:27 AM

we had Beckham left. Van Nistelrooy left. Ronaldo left. to some extend (and to please some of you here) Tevez left.

talisman leaving before? yes. Man Utd falter? not a chance.

1. True we got longer yrs for repayment of the loans. but we also got much bigger debt and it aint getting smaller
2. not sure bout that also.. the much revenue only from operating the club expense only not inlude the interest repayment. we are making losses if inlcude loan repayments and we been having loss for most yrs since the takeover. last yr got profit thanks to ronaldo massive transfer. who's next rooney? even so the club certainly can keep doing that. then theres worry that we hv to buy when VDS,giggs,scholes retire.

btw SAF only the manager... outside the pitch its the board, gills and his gang

this is a bit jumping on the gun isnt it...apa la yg nak kalut sgt.its normal when humans have small misagreements and so on but no need to make a fuss about imo.rooney is fine just as he is and besides from his nature he isnt the type of players that simply will throw every thing away and that includes loyality.

we talk about how giggs/scholes/gary type of players are hard to come by in this era, i see rooney as one of them.he will still be here up to 10 -15 years and maybe end his career here..

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Added on October 16, 2010, 12:18 pm +1.in other words no one is bigger then the club.

This post has been edited by mhyug: Oct 16 2010, 12:18 PM

based on rooney's inconsistent form, I am not too worried if rooney goes next summer.

It has always been more about his *potential* that he can bring (young player, bla bla, more to come, bla bla), but I must say, except for 6 months last year, he hasn't really lived up fully to his potential... yet.

+1 dude

1. The debt is big. But a large chunk of it's been controlled by the bonds. The club is more than capable of repaying interest on those bonds and the due date for the principal debt of those bonds aren't due till 2017, where, probably it will be refinanced again. The PIKs are the big worry for the short term, but we have to remember that the PIKs are secured against the Glazers. Not United. And the amount of money the Glazers can take out of United per season, has been capped by the bond issue as well. So there is a buffer. After seeing that the Glazers bought up some of the PIKs on the cheap as well as seeing United's superior cash flow, it's manageable. At least for now.

2. We need to differentiate a real cash flow loss vs a paper loss. The loss reported by the papers is a paper loss. This loss came about due to huge amortizations and depreciations on a lot of big ticket items as well as a lot of one off expenses. In terms of real money coming in and out, United have what is called, an operational profit. Meaning operational revenue > operational cost. As a matter of fact, EBITDA is up to 100 million pounds. This also explains, despite record accounting losses, United's cash balance last year vs this year is still roughly the same. United have 160 million pounds cash in bank for operational cash flow, as well as player purchases.

You have to take into account the fact that a lot of the reported losses come from amortizations, such as goodwill, unrealised losses from foreign exchange, as well as one off expenses such as the termination of swap deals.

You can read up more about it, here.

That's why I say my concern is not in the next 3 - 5 years. It's more along the lines of 10 - 17 years from now. Things get murkier due to the fact that we don't know whether United's success can be maintained, thus at least maintaining the revenue.