At least someone is reporting the REAL story about our finances.

Originally Posted by Enjoying Insanity

These accounts aren't out until June I think, plus they can be highly manipulated, as they aren't a PLC.

I wouldn't trust the Glazers if they said the sky was £#%&!ing blue.

so all the accounts filed to companies house will be manipulated?

Originally Posted by marlo stansfield

so all the accounts filed to companies house will be manipulated?

Yes.

Expect there to be a large "Misc" column.

Nani, Anderson and Hargreaves all signed on 2 July, so their transfers are not included in these accounts.

Marlo - I have last years' and will get the new ones when they come out.

TsV - I'm not suggesting there's anything wrong with the United accounts but they seem like you'd want them to look like this if you were planning on selling, or securitising ticket income or somesuch?

Originally Posted by redloner

Nani, Anderson and Hargreaves all signed on 2 July, so their transfers are not included in these accounts.

Marlo - I have last years' and will get the new ones when they come out.

TsV - I'm not suggesting there's anything wrong with the United accounts but they seem like you'd want them to look like this if you were planning on selling, or securitising ticket income or somesuch?

I suppose you're right but I don't think we are that lucky. rising revenues and profits, that's how all businesses want to look. I'm sure they're not selling, why dismiss the Chinese last year so quickly?

Originally Posted by redloner

Nani, Anderson and Hargreaves all signed on 2 July, so their transfers are not included in these accounts.

Marlo - I have last years' and will get the new ones when they come out.

TsV - I'm not suggesting there's anything wrong with the United accounts but they seem like you'd want them to look like this if you were planning on selling, or securitising ticket income or somesuch?

I'd say a re-financing based on 100% season ticket sales is on the cards.

Originally Posted by Child of Darkness

what I get from that is that the loan repayment is £42 pa

the profits after tax are £42

£42!

I, The Heathen do solemnly pledge to cover Manchester United's loan repayments henceforth (providing it doesn't cross the aforementioned £42 pa).

I also pledge to return all profits after tax (also £42 incidentally) into the club's transfer fund

No need to thank me lads, but I think I might be the Red Night we've all been waiting for.

Working off Child of Darkness' figures I think I can probably buy the club outright for £1000.

Why if I put up the cost of attending a game by another 40% I reckon I could make a tidy profit in week 1.

I'm off to Dragon's Den to see if Theo Paphitis might be interested in a 25% stake for a backing of £500.

Update -
Theo says he's thinking about it...