💸📈📉#PSR – Protectionist or prudent? 💸📈📉
🧵...
As #NUFC, #EFC and #AVFC amongst others are exasperated with PSR rules (#UEFA rules implemented ’09, #EPL in 2013), we compare on-pitch performance of #Spurs, NUFC and EFC and how it was funded.
· #Spurs: £1.2bn self funded,
I think there’s a team down the road you can speak to that did it for 20 years…
92/93: 1 trophy
93/94: 2 trophies
94/95: 0 trophies
95/96: 2 trophies
96/97: 1 trophy
97/98: 0 trophies
98/99: 3 trophies
99/00: 1 trophy
00/01: 1 trophy
01/02: 0 trophies
02/03: 1 trophy
03/04: 1
So the #MUFC cash flow problem is as bad as the non-accountant has been trying to explain to fans.
Feel free to follow if you’d like to be a tad ahead of the curve.
Frequent reminder 1: Capacity to spend and ability to spend are two different things.
Frequent reminder 2: SJR
🏟️ 🔴 The blueprint to finance a New Old Trafford – unite the Club, Fans and the Community 🔴🏟️
In a new report today I lay out a blueprint for #MUFC to finance the New Old Trafford (bit.ly/47bp1BN).
The club has an opportunity to be a pioneer once again when building
🫵 Are you a Baleba? #MUFC transfer financials update
For the ‘25/26 season United are making c.£35mn in saved wages (expired contracts and Rashford loan).
The signings to date have added about the same in wage costs (on my estimates), meaning new wages are fully funded (for next
Usually a sign that they’re doing something right…and the fact the media clearly don’t have the access to what’s actually going on at the club like they used to under Woodward is clearly also a factor. Dear Toby is having some influence and getting some control back.
Price inevitably the challenge here. Excluding player sales #NFFC annual PSR losses running at c.£50-60mn. So they need big fees player sales. Anderson and MGW are biggest sellable assets for Forest. Book values at c.£23/7mn respectively. Sales of both at £70mn+ cover them from
🚨 BREAKING:
Elliot Anderson is the midfielder who would be well-positioned to join Manchester United at the moment! #MUFC [@AndyMitten, Talk of the Devils]
#NFFC will, should and have to push hard on the price for as long as they can. It’s a Caicedo/ Rice type of price but they both had arguably done more when they went for £100mn+ fees. Demand also outstripped supply for those types of players. Not sure how a buyer like #MUFC could
🚨🔴 Understand Manchester United remain keen on Elliot #Anderson and have registered concrete interest. #MUFC
Forest are informed. A fee in the region of £100–120 million is still being demanded.
@SkySportDE 🏴
With Marc Armstrong confirmed as joining #MUFC, resharing my mini thread from last year...
Commercial revs at United relatively stagnant over the last 5 years (as on-field performance has really turned south) with main wins being extensions of pre-existing deals. This is an
💸📉MUFC don’t generate enough revenue…is Marc Armstrong the answer? 📈💸
· #MUFC have barely grown revenue post covid. Nearly all “Big 6” revenue has blown through pre covid levels. United’s has not.
· There’s a lot of low hanging fruit the club should be leveraging (esp from
