QUOTE(bansai @ Jan 17 2024, 03:31 PM)
That is to cover losees incurred by the club which the club is suffering since 2020. about 250m loss since 2020. this does not include loans for player purchases which are still owed to clubs and banks.
epl rules 105m provided owner covers 90m. united is listed. which shareholder covers? doesn't apply to united directly.
Longer explanation is, Glazers can't and won't pump in money to the club because it essentially dilutes their shareholding value without increasing their number of shares as United is a listed entity which is current floated in the stock exchange. No solution as United can't delist due to financial issues with owners and jim won't pump in his own money as he is already going to pay alot to buy some shares from current owners. unless he buys the entire stake and delist united, doesn't make sense to pump money in.
Next club to face issues will be City and then newcastle if they don't sell their players.
Cant say it doesnt make sense for them to do so, if they want their shares to be worth more in the future the club needs to be in a better position, be it on the pitch or just financially.
Dont think City will be facing this same thing, theirs is their 115 charges, hopefully some stick.
Newcastle yes, they gonna get

unless they sell some players.