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Originally Posted by Danoli
Dunk, are you sure the profit is c.£40m a season? If you add back non cash items such as amortisation and depreciation it must be more than that.
How do you get to £40m? I know you have to service the debt, pay dividends and tax. £40m seems very low.
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The parent firm of famous soccer club Manchester United announced third-quarter operating profits of £14.2 million ($18.1 million) Thursday, a rise of 94.5% from the same period last year despite a challenging season in the English Premier League
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Based on things such as the above. That's what they published this year, was less the year before, which comes out around £56m-ish over the year, it's been up and down and most likely down this year.. Operating costs are high, wages, debt payments etc. I'd imagine the published figures are lower than what is actually made for tax purposes, but we're not making £100's of millions a year as is perceived. It would be much more if we weren't servicing the debt and the parasites, obviously, or paying ludicrous wages to the infirm. So we're making enough for 2/3's of a Harry Maguire.. no wonder we had to flog Lukaku.
I'd imagine Pogba will pay for Fernandes, if he arrives, and half the problem is they don' t know how much they'll get for him, likely to be in the low £60m's rather than £100m+ as they'd have hoped.