FFP Question

Discussion in 'Bulletin Board ARCHIVE' started by Hemsworth Tyke, Jan 18, 2012.

  1. Hem

    Hemsworth Tyke Well-Known Member

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    #1 Hemsworth Tyke, Jan 18, 2012
    does the building count in the losses?

    Im watching an old special report and they say by 2018 you can only lose 8 million and in 2021 nothing.

    When this comes in manchester could become back to the old. By this i mean manchester united dominating again in transfer market.
     
  2. DEETEE

    DEETEE Well-Known Member

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    #2 DEETEE, Jan 19, 2012
    If they had spent money on ground development for example the money spent and still owed by arsenal on their shiny new stadium then it isn't included as part of the ffp rules

    Man United debt is secured on the ground. Therefore it is included in the ffp rules.
     
  3. Hem

    Hemsworth Tyke Well-Known Member

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    #3 Hemsworth Tyke, Jan 19, 2012
    Manchester united made 40 million and according to a former liverpool board member and current chief exec at Arsenal the rules are made for clubs like manchester united. also Arsenal and liverpool will also benefit from it. Manchester city and chelsea have real course for concern
     
  4. Luke

    Luke Ambassador to Korea

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    #4 Luke, Jan 19, 2012
    Man City do, until their 1 billion dollars a year ground/kit sponsorship is announced... Their owners are clever blokes and will find a way around it.
     
  5. Hem

    Hemsworth Tyke Well-Known Member

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    #5 Hemsworth Tyke, Jan 19, 2012
    Not sure if thats allowed.
    fifa and uefa don't count these ground sponsorships anyway.
     
  6. Luke

    Luke Ambassador to Korea

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    #6 Luke, Jan 19, 2012
    It was a bit tongue in cheek, but my point is the same.

    They'll be able to hire a lawyer to find a loop hole.
     
  7. DEETEE

    DEETEE Well-Known Member

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    #7 DEETEE, Jan 19, 2012
    Do you understand the difference between turnover loss debt and profit.
     
  8. Hem

    Hemsworth Tyke Well-Known Member

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    #8 Hemsworth Tyke, Jan 19, 2012
    I do.

    The the program it said Manchester united income 300M, expenses 258M, Break even result 42 million. I understand that to have gone up to well above 400M income.

    2009/10 results.
     
  9. Hem

    Hemsworth Tyke Well-Known Member

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    #9 Hemsworth Tyke, Jan 19, 2012
    Manchester united could spend another 42 million min and still pass.
     
  10. DEETEE

    DEETEE Well-Known Member

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    #10 DEETEE, Jan 19, 2012
    In the tax year ending 2010 they lost eighty million before tax . .
     
  11. Hem

    Hemsworth Tyke Well-Known Member

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    #11 Hemsworth Tyke, Jan 19, 2012
    Manchester united are in a very good position DeeTee.
    They are making money and the debts are coming down.

    christian purslow former Liverpool Director said Manchester united are in a extremely good position.
     
  12. Marlon

    Marlon Well-Known Member

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    #12 Marlon, Jan 19, 2012
    £8 million? i think dennis dropped us in admin for about £2 million if memory serves.
     
  13. DEETEE

    DEETEE Well-Known Member

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    #13 DEETEE, Jan 19, 2012
  14. Hem

    Hemsworth Tyke Well-Known Member

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    #14 Hemsworth Tyke, Jan 19, 2012
    Last edited: Jan 19, 2012
    They paid 350 million of there loan?
    That looks quite good to me.
    They are fine.


    DeeTee, Get thi sen a skygo account and watch the billionaires club- special report.
     
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