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United-Clowgon
06-01-2010, 02:26 PM
:P

One thought in the owner's mind - BAD INVESTMENT. :(


Manchester City post massive loss





Manchester City football club has reported an annual loss of £92.6m ($148m) for the 2008/09 financial year.

The figures reflect the large sums of money spent on top-class players by Sheikh Mansour since he bought the Eastlands club in September 2008.


They include the £32.5m signing of Brazilian star Robinho.
The figures do not take into account the further large outlay since May 2009 on players such as Carlos Tevez, Kolo Toure and Emmanuel Adebayor.
Might as well say 200+ Million - All flops above.

I think before the owners will be gone before the end of this decade. They are going to have to win trophies like the Champions League/Premier league to be able to achieve a profit, unless they sign a player like Ronaldo to boost shirt sales, attendance figures.. things like image rights ect.

Year after year, these figures will be popping up. - Should of bought United.. that's for sure.

The upcoming years will be a bleak one for the "small club"

Immenseman
06-01-2010, 02:27 PM
Sure he or they aren't too concerned.

Jack.Lfc
06-01-2010, 02:29 PM
Ino, why would they be arsed? Not like there at man city to make money, there just there for fun.

United-Clowgon
06-01-2010, 02:42 PM
Sure he or they aren't too concerned.

The owner is only worth a few more Billions that Roman. - His family is worth 40 + Billion I'm assuming from reports.

He's using his own money in transfers, paying off the clubs debts and ect and he's hasn't even made a profit. 200 million spent on players - 100 mill pre-tax loss. I'm sure he's thinking about this dearly.

I don't know why he didn't buy a Club like United - United is a Club that will always be a stable one, a Club who will be successful in making money and making heaps in Revenue each year.

I suppose he thought it would be easy turning the small club into a big club like united. Anyone with a brain would of know doing this would only be achieved in dream paradise.


Ino, why would they be arsed? Not like there at man city to make money, there just there for fun.

No matter how rich he/them are. I'm sure a big playing factor in buying city was for a profit.

If you are suggesting that they bought the club for the "fun" of it then they should of bought a Club like Docaster Rovers and paid every single one of the current team players 200k a week.

Black_Apalachi
06-01-2010, 02:46 PM
Usually happens when someone buys into a business they know nothing about.

United-Clowgon
06-01-2010, 03:01 PM
Usually happens when someone buys into a business they know nothing about.

Yeaah, how did he exactly made all that money? :P (Oh wait, it's inheritance money) :rolleyes:

People, especially the City fans are thinking that this is nothing to him, when in fact he's got money, tons of it but not as much people are saying he has.

He is worth a Few more Billion than Roman - His family is worth 40+ $Billions.

Trust me, he's thinking about this. :P

Jibbish
06-01-2010, 03:11 PM
Yeaah, how did he exactly made all that money? :P (Oh wait, it's inheritance money) :rolleyes:

People, especially the City fans are thinking that this is nothing to him, when in fact he's got money, tons of it but not as much people are saying he has.

He is worth a Few more Billion than Roman - His family is worth 40+ $Billions.

Trust me, he's thinking about this. :P
But then there's his business group who are worth way over $100 billion

luce
06-01-2010, 03:30 PM
No matter how much money you have that is still a loss and if i was that rich i know i would care where all my money went so i don't think you can say he wouldn't care.

But this was always going to happen? They haven't won a trophy in decades and they have bought in loads of big names for big money ticket, shirt and other sales were never going to cover this in the first year so i do think it's unfair to say he will be gone on this alone? If this happens repeatedly then yeah they're gone but i think you're jumping the gun here..

United-Clowgon
06-01-2010, 04:14 PM
But then there's his business group who are worth way over $100 billion

I doubt he'll ever go into doing that.


No matter how much money you have that is still a loss and if i was that rich i know i would care where all my money went so i don't think you can say he wouldn't care.

But this was always going to happen? They haven't won a trophy in decades and they have bought in loads of big names for big money ticket, shirt and other sales were never going to cover this in the first year so i do think it's unfair to say he will be gone on this alone? If this happens repeatedly then yeah they're gone but i think you're jumping the gun here..

AND FOR MORE DECADES TO COME!

Smits
06-01-2010, 04:16 PM
He won't care because the loss is due to buying players... If they cared, i'm pretty sure they wouldnt of bought the players.

StefanWolves
06-01-2010, 04:19 PM
United have more debt than City. Fact.

United-Clowgon
06-01-2010, 04:26 PM
United have more debt than City. Fact.

This is thread is about City and City ONLY. Do us all a favor, quit trolling for once.

I won't be responding to any futher comments you make in this thread ok thankzzzzzzz bi.

lBlue
06-01-2010, 04:31 PM
It's actually a very good day for the "Small Club".

Although we've made an (expected) loss of money our owner has written it off by turning the loans into equity (effectively, all the players brought are gifts from the owner himself).

The loans have been cancelled in return for shares (being worth however much someone is willing to pay for them).

So we're actually in a much better off situation compared to Chelsea where Abro isn't writing the loans off into shares, he's keeping them thus enforcing Chelsea to repay him however much he's invested.

The key word here is invested. Our owner is no muppet who enrols upon an investment without researching it. Everyone and I mean everyone with a clue would of expected this loss at first.

Oh and inheritance money? I think not, quite the insult actually.

Sheikh Mansour is a very wealthy man, like most seriously wealthy men he is very intelligent. He doesn't do the investing, he hires a team of financial investors who all research different specialist areas and investments.

A prime example of the Sheikhs intelligence is the shares he purchased in Barclays when it was adventuring on a humiliating slump, many British journalists laughed at the man for investing billions into shares which were in decline. This was the end product; CLICK HERE (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/5425404/Abu-Dhabis-Sheikh-Mansour-to-sell-Barclays-shares.html)

The only club who are having a bad day are actually the ones from Stretford, whom you and many others laughing in this thread claim to support. It's a shame the only respectable Manchester United fan is banned here, he'd of told you today is not a day to laugh at Manchester City. Actually it's a day to feat them. Shall I explain?

OK, here we go. Bare with me, it may be a challenge for some of you to understand however I'm sure a few of you will be able to grasp it.

In the short time the Sheikh has been at Manchester City he's invested over £300,000,000 and written them off as shares, the players he purchased are gifts to the club and the people.

Now the Glazers, since they bought United in their bitterly contested takeover, have given the club not one penny to spend. Quite the opposite; their ownership has drained the club of huge sums of money. In only three years up to 30 June 2008, the closing date of their most recent published accounts, United became liable to pay a staggering £263m in interest alone. Despite that, the capital lump sum which United owe to banks and hedge funds has actually snowballed by £159m, from £540m in 2005, to £699m in 2008.

That increase is accounted for partly by the very high interest charged on the £275m the Glazers borrowed from three hedge funds to buy United. When the entire debt was refinanced only 15 months later in August 2006, the hedge fund debt had risen by £79.1m, which included £13.2m for "early redemption". The refinancing paid that off, leaving United with £525m owed to banks and £138m owed to hedge funds. An estimated £29m was paid in professional fees then, principally to bankers, lawyers and accountants. Reports that the Glazers have appointed two banks,JP Morgan and Deutsche Bank, to seek refinancing again with bank bonds should be understood in that context: huge fees will be charged, there are likely to be early repayment premiums again on the £175m hedge fund debt United now owe, and the refinancing is likely to increase the total debt owed.

The debt is accumulating interest at 14.25% (for you who are still reading, I'm expecting Clowgon will be mastering his "LOL Y DO A BIG POST I AINT GONA READ IT" response again, I'd be laughing at this huge interest rate... unless you're a United fan of course).

After United lost the Champions League final in May, Ferguson might have been expected to substantially strengthen his squad, but instead, Cristiano Ronaldo was sold to Real Madrid for £81m, and the manager signed only Antonio Valencia, for £17.5m from Wigan, Michael Owen, on a free transfer, and Gabriel Obertan, for £3m from Bordeaux. Whatever their protestations that money remains available, United's weakening through injury, occasional underperformance and Ferguson's dismissive approach to buying players means United are simply not carrying themselves as proud, cash-rich, Premier League champions with the Ronaldo money still in the bank. Time is surely running out for the argument that the debts – now, with interest, certainly more than £700m, vastly more than any other English club – are not financially constraining.

With a United squad looking suddenly threadbare, and a vintage manager due for retirement himself before too long I'd be very worried if I was a fan wearing the reds shirt.

Who could of thought it eh? Before the Glazers arrived in 2005, nobody could have foreseen this bizarre reversal in Manchester. United, then the world's richest club, are lurching into the new decade with punishing debts, while City, of all clubs, are being roundly criticised after the sacking of their manager for being too ruthless, driven and improbably rich.


Happy New Year Clowgon, may it be a very sour one for 'your' club.

luce
06-01-2010, 04:31 PM
He won't care because the loss is due to buying players... If they cared, i'm pretty sure they wouldnt of bought the players.

he bought them to win trophies so if that doesn't happen then he will care.


United have more debt than City. Fact.

United win more then city. Fact.


@lBue you can't argue what you said it's obvious you know more then Clowgon or whatever about your team and yes as a united fan i am worried that after selling ronaldo he showed a very dismissive attitude to buying in big players and it does get frustrating when people are showing interest in rooney and vidic and whoever else that we aren't in the headlines for wanting some big players to come and play for us.

and like i said before it was obvious you were going to have debt so i don't see how anyone can be surprised at this. However i didn't expect it to be that much but i haven't really been following citys financial affairs :P

StefanWolves
06-01-2010, 05:32 PM
This is thread is about City and City ONLY. Do us all a favor, quit trolling for once.

I won't be responding to any futher comments you make in this thread ok thankzzzzzzz bi.

I love how you can't take it when people provide you with pure facts.


he bought them to win trophies so if that doesn't happen then he will care.



United win more then city. Fact.


@lBue you can't argue what you said it's obvious you know more then Clowgon or whatever about your team and yes as a united fan i am worried that after selling ronaldo he showed a very dismissive attitude to buying in big players and it does get frustrating when people are showing interest in rooney and vidic and whoever else that we aren't in the headlines for wanting some big players to come and play for us.

and like i said before it was obvious you were going to have debt so i don't see how anyone can be surprised at this. However i didn't expect it to be that much but i haven't really been following citys financial affairs :P
Liverpool have won more than United, United will NEVER be what Liverpool was. Fact.

Jack.Lfc
06-01-2010, 05:39 PM
Liverpool have won more than United, United will NEVER be what Liverpool was. Fact.


:eusa_clap:eusa_clap:eusa_clap:eusa_clap

This thread is about city though :'(

StefanWolves
06-01-2010, 05:41 PM
Who gives a ****. Pure facts don't lie. I don't care if United have/will win more than United, Liverpool will always, in my eyes, have a greater history than United, and for that reason will always be a bigger club. *REMOVED*

Edited by invincible (Forum Super Moderator): Please don't be rude to other forum members.

lBlue
06-01-2010, 05:43 PM
This thread has been dominated by pure fact since Clowgon has gone offline, luvly.

Jack.Lfc
06-01-2010, 05:46 PM
Football is all about money now.

StefanWolves
06-01-2010, 05:49 PM
All clubs are in debt anyway, who gives a **** if City are in debt, because truly they aren't. If their owners wanted to rite the debt off they could with their pocket change.

Browney
06-01-2010, 07:46 PM
I love how you can't take it when people provide you with pure facts.


Liverpool have won more than United, United will NEVER be what Liverpool was. Fact.

*MASSIVE FACEPALM*

Both have won 18 titles, United have won more FA Cups and League Cups, Liverpool have won more Champions League.

Black_Apalachi
06-01-2010, 07:53 PM
This is thread is about City and City ONLY. Do us all a favor, quit trolling for once.

I won't be responding to any futher comments you make in this thread ok thankzzzzzzz bi.

I'm pretty sure you brought United into this first? :S


Who gives a ****. Pure facts don't lie. I don't care if United have/will win more than United, Liverpool will always, in my eyes, have a greater history than United, and for that reason will always be a bigger club. *REMOVED*

Edited by invincible (Forum Super Moderator): Please don't be rude to other forum members.


LOVIN THIS


Football is all about money now.

It's been all about money for ages!!! :P

AlexOC
06-01-2010, 08:48 PM
:P

One thought in the owner's mind - BAD INVESTMENT. :(

Might as well say 200+ Million - All flops above.

I think before the owners will be gone before the end of this decade. They are going to have to win trophies like the Champions League/Premier league to be able to achieve a profit, unless they sign a player like Ronaldo to boost shirt sales, attendance figures.. things like image rights ect.

Year after year, these figures will be popping up. - Should of bought United.. that's for sure.

The upcoming years will be a bleak one for the "small club"


The owner is only worth a few more Billions that Roman. - His family is worth 40 + Billion I'm assuming from reports.

He's using his own money in transfers, paying off the clubs debts and ect and he's hasn't even made a profit. 200 million spent on players - 100 mill pre-tax loss. I'm sure he's thinking about this dearly.

I don't know why he didn't buy a Club like United - United is a Club that will always be a stable one, a Club who will be successful in making money and making heaps in Revenue each year.

I suppose he thought it would be easy turning the small club into a big club like united. Anyone with a brain would of know doing this would only be achieved in dream paradise.



No matter how rich he/them are. I'm sure a big playing factor in buying city was for a profit.

If you are suggesting that they bought the club for the "fun" of it then they should of bought a Club like Docaster Rovers and paid every single one of the current team players 200k a week.


This is thread is about City and City ONLY. Do us all a favor, quit trolling for once.

I won't be responding to any futher comments you make in this thread ok thankzzzzzzz bi.

:/ ....

alexxxxx
06-01-2010, 09:03 PM
my club makes a profit (derby county).

United-Clowgon
06-01-2010, 09:26 PM
It's actually a very good day for the "Small Club".

Although we've made an (expected) loss of money our owner has written it off by turning the loans into equity (effectively, all the players brought are gifts from the owner himself).

The loans have been cancelled in return for shares (being worth however much someone is willing to pay for them).

So we're actually in a much better off situation compared to Chelsea where Abro isn't writing the loans off into shares, he's keeping them thus enforcing Chelsea to repay him however much he's invested.

The key word here is invested. Our owner is no muppet who enrols upon an investment without researching it. Everyone and I mean everyone with a clue would of expected this loss at first.

Oh and inheritance money? I think not, quite the insult actually.

Sheikh Mansour is a very wealthy man, like most seriously wealthy men he is very intelligent. He doesn't do the investing, he hires a team of financial investors who all research different specialist areas and investments.

A prime example of the Sheikhs intelligence is the shares he purchased in Barclays when it was adventuring on a humiliating slump, many British journalists laughed at the man for investing billions into shares which were in decline. This was the end product; CLICK HERE (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/5425404/Abu-Dhabis-Sheikh-Mansour-to-sell-Barclays-shares.html)

The only club who are having a bad day are actually the ones from Stretford, whom you and many others laughing in this thread claim to support. It's a shame the only respectable Manchester United fan is banned here, he'd of told you today is not a day to laugh at Manchester City. Actually it's a day to feat them. Shall I explain?

OK, here we go. Bare with me, it may be a challenge for some of you to understand however I'm sure a few of you will be able to grasp it.

In the short time the Sheikh has been at Manchester City he's invested over £300,000,000 and written them off as shares, the players he purchased are gifts to the club and the people.

Now the Glazers, since they bought United in their bitterly contested takeover, have given the club not one penny to spend. Quite the opposite; their ownership has drained the club of huge sums of money. In only three years up to 30 June 2008, the closing date of their most recent published accounts, United became liable to pay a staggering £263m in interest alone. Despite that, the capital lump sum which United owe to banks and hedge funds has actually snowballed by £159m, from £540m in 2005, to £699m in 2008.

That increase is accounted for partly by the very high interest charged on the £275m the Glazers borrowed from three hedge funds to buy United. When the entire debt was refinanced only 15 months later in August 2006, the hedge fund debt had risen by £79.1m, which included £13.2m for "early redemption". The refinancing paid that off, leaving United with £525m owed to banks and £138m owed to hedge funds. An estimated £29m was paid in professional fees then, principally to bankers, lawyers and accountants. Reports that the Glazers have appointed two banks,JP Morgan and Deutsche Bank, to seek refinancing again with bank bonds should be understood in that context: huge fees will be charged, there are likely to be early repayment premiums again on the £175m hedge fund debt United now owe, and the refinancing is likely to increase the total debt owed.

The debt is accumulating interest at 14.25% (for you who are still reading, I'm expecting Clowgon will be mastering his "LOL Y DO A BIG POST I AINT GONA READ IT" response again, I'd be laughing at this huge interest rate... unless you're a United fan of course).

After United lost the Champions League final in May, Ferguson might have been expected to substantially strengthen his squad, but instead, Cristiano Ronaldo was sold to Real Madrid for £81m, and the manager signed only Antonio Valencia, for £17.5m from Wigan, Michael Owen, on a free transfer, and Gabriel Obertan, for £3m from Bordeaux. Whatever their protestations that money remains available, United's weakening through injury, occasional underperformance and Ferguson's dismissive approach to buying players means United are simply not carrying themselves as proud, cash-rich, Premier League champions with the Ronaldo money still in the bank. Time is surely running out for the argument that the debts – now, with interest, certainly more than £700m, vastly more than any other English club – are not financially constraining.

With a United squad looking suddenly threadbare, and a vintage manager due for retirement himself before too long I'd be very worried if I was a fan wearing the reds shirt.

Who could of thought it eh? Before the Glazers arrived in 2005, nobody could have foreseen this bizarre reversal in Manchester. United, then the world's richest club, are lurching into the new decade with punishing debts, while City, of all clubs, are being roundly criticised after the sacking of their manager for being too ruthless, driven and improbably rich.


Happy New Year Clowgon, may it be a very sour one for 'your' club.


Happy New Year. :)

I actually did read everything you said and as much as i hate it, your right. :(

As i stated above, this thread is about City and about City only but before the thread goes off even more, i would like to just say, i think all United fans know we are debt and yes, we are all worried about the future of the club, having said that, it will a matter of time until the Glazers run out of options in clearing off the debts. This will mean selling the Club or selling a huge stake in it to pay off the debts.

The Glazers thought that they could get a lucrative tv deal when they bought the Club. This didn't work out and now they are running out options. It'll be a matter time before they will have to sell up. I reckon in the next 2 years this will be the case.



*MASSIVE FACEPALM*

Both have won 18 titles, United have won more FA Cups and League Cups, Liverpool have won more Champions League.

Exactly, this troll hardly seems to know basic facts between the two. Now Wolves think before you post for crying out loud.


:/ ....

AgnesIO
06-01-2010, 09:31 PM
*REMOVED* I think you will find if you buy a premiership club for profit, you are thinking wrong. Premiership clubs don't make profits, just like Manchester United don't - cough £600 million in debt xx

People with 40 billion do not buy a football club to make a few more million.


Edited by MattGarner (Acting Assistant General Manager): Please do not be rude towards the user & please do not insult them either.

StefanWolves
06-01-2010, 09:54 PM
*MASSIVE FACEPALM*

Both have won 18 titles, United have won more FA Cups and League Cups, Liverpool have won more Champions League.

Read my other post. **MASSIVE FACEPALM**

lBlue
06-01-2010, 10:04 PM
Come on lads, keep it on topic. I've just crafted a post in this thread which would stand for post of the year if this forum had such a thing and it's only January!!

CHA!NGANG
06-01-2010, 10:17 PM
Owners won't care. They knew before they bought it that the first few seasons will be a big loss because of transfers and the fact that they won't win any cups really. After the first few seasons, then they'll be looking for a much more stable club and finances to be a bit tighter. As for the post above made by Damala, I don't know the exact finances, but I'm pretty sure that Arsenal make a good profit each year and it goes towards the stadium costs, but it's still a profit, and once it's payed off then it will go to the owners. Clubs like Chelsea, City, Madrid e/t/c don't tend to make profits because they spend so much, but the owners don't really look for profit in those clubs, they just look for reputation, titles and success.

I thought any idiot could work out City would have large loss this year because of transfers...

Mexel
06-01-2010, 10:23 PM
All clubs are in debt anyway, who gives a **** if City are in debt, because truly they aren't. If their owners wanted to rite the debt off they could with their pocket change.

As far as i know, Blues and Wolves are the only teams in the prem that arnt. Not to sure now but that was the case a few months back.

But anyway i would rather be in "small club" Man Citys situation than 700 odd million pound in debt. Man City made a loss.. but they spent how much on players :rolleyes: they have to money to lose as much as they like, nothing will change that so hows about you stop kicking your self for supporting the wrong team in Manchester.

United-Clowgon
06-01-2010, 11:09 PM
*REMOVED* I think you will find if you buy a premiership club for profit, you are thinking wrong. Premiership clubs don't make profits, just like Manchester United don't - cough £600 million in debt xx

People with 40 billion do not buy a football club to make a few more million.

Edited by MattGarner (Acting Assistant General Manager): Please do not be rude towards the user & please do not insult them either.

There's no need to be rude kid. Premiership clubs DO make profits, Chelsea, Liverpool, United, Chelsea, City have all announced pre-tax losses but this is because of buying expensive players - AND not selling some of the existing players to cover the costs. Also, winning trophies, contributes in how much pre-tax profit/losses you make for the year.

So before you post utter bitterness aimed directly at United and their debts, do think before you post for the love of god.


Come on lads, keep it on topic. I've just crafted a post in this thread which would stand for post of the year if this forum had such a thing and it's only January!!

Hey, don't get ahead of yourself! You've still got to hear very valid points from me and as you, me, already know, I'm quite good a putting very valid points across. ;)

I'm starting to like you a little but don't get happy, it's early days. :(

lBlue
06-01-2010, 11:40 PM
There's no need to be rude kid. Premiership clubs DO make profits, Chelsea, Liverpool, United, Chelsea, City have all announced pre-tax losses but this is because of buying expensive players - AND not selling some of the existing players to cover the costs. Also, winning trophies, contributes in how much pre-tax profit/losses you make for the year.

So before you post utter bitterness aimed directly at United and their debts, do think before you post for the love of god.



Hey, don't get ahead of yourself! You've still got to hear very valid points from me and as you, me, already know, I'm quite good a putting very valid points across. ;)

I'm starting to like you a little but don't get happy, it's early days. :(
Go on then, put these valid points across...

Andys
06-01-2010, 11:50 PM
*REMOVED*
*waits to be infracted*

Edited by SuperNic. (Forum Moderator): Please do not insult other forum members, thanks.

United-Clowgon
06-01-2010, 11:56 PM
Go on then, put these valid points across...

Like errr what? :eusa_whis


*REMOVED*
*waits to be infracted*

I love you too babe. *Kiss* *Kiss* xx

leah
07-01-2010, 12:28 AM
I don't know why he didn't buy a Club like United - United is a Club that will always be a stable one, a Club who will be successful in making money and making heaps in Revenue each year.

I suppose he thought it would be easy turning the small club into a big club like united. Anyone with a brain would of know doing this would only be achieved in dream paradise.
I swear you live in coocoo land sometimes. "united this, united that" if you make a thread about city why bark on about united and then when anyone else mentions them like Wolves did accuse them of trolling?

Since you mentioned united then i'll comment, they're in debt of 44 mil so sky sports said earlier, usually they make a huge sum of money from winning the premiership, something they won't do this year, they've lost some dodgy games this season too and so are far from stable, when manchester united don't win the premiership they'll make far less money than usual and if they have a major mare and don't get into europe they'll be in big trouble.

Obviously city knew no proffit would be made in the first year, it's common sense. A business investment is a long-term investment and he has enough money to wait for a profit, he'll get one in the end, mark my words.

lBlue
07-01-2010, 12:45 AM
I swear you live in coocoo land sometimes. "united this, united that" if you make a thread about city why bark on about united and then when anyone else mentions them like Wolves did accuse them of trolling?

Since you mentioned united then i'll comment, they're in debt of 44 mil so sky sports said earlier, usually they make a huge sum of money from winning the premiership, something they won't do this year, they've lost some dodgy games this season too and so are far from stable, when manchester united don't win the premiership they'll make far less money than usual and if they have a major mare and don't get into europe they'll be in big trouble.

Obviously city knew no proffit would be made in the first year, it's common sense. A business investment is a long-term investment and he has enough money to wait for a profit, he'll get one in the end, mark my words.
Did I just read this on HxF? :O:O:O:eusa_clap:eusa_clap:eusa_clap:eusa_clap:eus a_clap:eusa_clap:eusa_clap:eusa_clap:eusa_danc:eus a_danc

United-Clowgon
07-01-2010, 06:51 AM
I swear you live in coocoo land sometimes. "united this, united that" if you make a thread about city why bark on about united and then when anyone else mentions them like Wolves did accuse them of trolling?

Since you mentioned united then i'll comment, they're in debt of 44 mil so sky sports said earlier, usually they make a huge sum of money from winning the premiership, something they won't do this year, they've lost some dodgy games this season too and so are far from stable, when manchester united don't win the premiership they'll make far less money than usual and if they have a major mare and don't get into europe they'll be in big trouble.

Obviously city knew no proffit would be made in the first year, it's common sense. A business investment is a long-term investment and he has enough money to wait for a profit, he'll get one in the end, mark my words.

As soon as i read the "i swear you live in a coocoo land" i stopped reading.


http://www.telegraph.co.uk/sport/football/leagues/premierleague/manutd/4594698/Manchester-United-will-become-first-British-club-to-break-the-300-million-turnover-barrier.html

Manchester United football is a good investment if you want to buy a football. They make as much revenue each year with the likes of Real/Barca. It's only because were in some much bloody debt that were are seeing the money being spent to clear off the debts making us lose on average 40 mill a year on pre-tax loses.

So babes, i'm not in a coocoo land. I think it's you who's in a coocoo land. xx :)

AgnesIO
07-01-2010, 08:18 AM
There's no need to be rude kid. Premiership clubs DO make profits, Chelsea, Liverpool, United, Chelsea, City have all announced pre-tax losses but this is because of buying expensive players - AND not selling some of the existing players to cover the costs. Also, winning trophies, contributes in how much pre-tax profit/losses you make for the year.

So before you post utter bitterness aimed directly at United and their debts, do think before you post for the love of god.



Hey, don't get ahead of yourself! You've still got to hear very valid points from me and as you, me, already know, I'm quite good a putting very valid points across. ;)

I'm starting to like you a little but don't get happy, it's early days. :(

You suck at putting valid points across. You obviously have a go about City to wind up City fans, but your point about City you have tried making is stupid, as Manchester United are in about 6 times as much debt as City, so atleast make a decent arguement.

Also if Premiership clubs made profits, you would get more rich people buying than them football obsessed Sheiks.


As soon as i read the "i swear you live in a coocoo land" i stopped reading.


http://www.telegraph.co.uk/sport/football/leagues/premierleague/manutd/4594698/Manchester-United-will-become-first-British-club-to-break-the-300-million-turnover-barrier.html

Manchester United football is a good investment if you want to buy a football. They make as much revenue each year with the likes of Real/Barca. It's only because were in some much bloody debt that were are seeing the money being spent to clear off the debts making us lose on average 40 mill a year on pre-tax loses.

So babes, i'm not in a coocoo land. I think it's you who's in a coocoo land. xx :)

But you are not paying off the debst, you are paying interest and stuff on the debts. So until you get some owners who are happy to waste £600 MILLION to get you out of debt, you are spending money on nothing.

StefanWolves
07-01-2010, 10:47 AM
What ever happened to the £80,000,000.00 you received for Ronaldo??

Not been heard of since?

AgnesIO
07-01-2010, 10:49 AM
What ever happened to the £80,000,000.00 you received for Ronaldo??

Not been heard of since?

I can promise it hasn't gone towards the debts :P

It will either:

Be spent on players
Go to the Americans pockets.

StefanWolves
07-01-2010, 10:50 AM
It will be the latter.

United-Clowgon
07-01-2010, 12:00 PM
You suck at putting valid points across. You obviously have a go about City to wind up City fans, but your point about City you have tried making is stupid, as Manchester United are in about 6 times as much debt as City, so atleast make a decent arguement.

Also if Premiership clubs made profits, you would get more rich people buying than them football obsessed Sheiks.



But you are not paying off the debst, you are paying interest and stuff on the debts. So until you get some owners who are happy to waste £600 MILLION to get you out of debt, you are spending money on nothing.


NO YOU SUCK. I corrected you when you made a very "amateur" like post earlier on in the thread.

What your saying is not in all, all fact so please stop painting pictures in that funny head of yours.




I can promise it hasn't gone towards the debts :P

It will either:

Be spent on players
Go to the Americans pockets.

It will be spent on players. Fergie has already been told that the money is there to buy players if he wishes to do so.

Just stop with your rubbish, it's doing my head in. Can we all go back on topic now? :rolleyes:

lBlue
07-01-2010, 12:54 PM
NO YOU SUCK. I corrected you when you made a very "amateur" like post earlier on in the thread.

What your saying is not in all, all fact so please stop painting pictures in that funny head of yours.





It will be spent on players. Fergie has already been told that the money is there to buy players if he wishes to do so.

Just stop with your rubbish, it's doing my head in. Can we all go back on topic now? :rolleyes:
You sure you read my post?

AgnesIO
07-01-2010, 04:36 PM
NO YOU SUCK. I corrected you when you made a very "amateur" like post earlier on in the thread.

What your saying is not in all, all fact so please stop painting pictures in that funny head of yours.





It will be spent on players. Fergie has already been told that the money is there to buy players if he wishes to do so.

Just stop with your rubbish, it's doing my head in. Can we all go back on topic now? :rolleyes:

Fergie better buy better players than the crap he has now then yeh

United-Clowgon
07-01-2010, 05:09 PM
You sure you read my post?

100 percent my new best friend. :D


Fergie better buy better players than the crap he has now then yeh

Blah Blah Blah. I've had enough of your Jibba Jibba.

lBlue
07-01-2010, 05:59 PM
100 percent my new best friend. :D



Blah Blah Blah. I've had enough of your Jibba Jibba.
Don't think you did. *REMOVED*

Edited by invincible (Forum Super Moderator); Please don't insult other forum members

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