Man U losing millions

[Sir X]

http://www.skysports.com/football/ne...months-of-2017


The beginning of the end,more to come this summer,spend,spend,spend and spend, justify Claffys theory's about net spend and wage parity...lol,and of course mine ,player performance equals squad value!

[Lazie]

http://www.skysports.com/football/ne...months-of-2017


The beginning of the end,more to come this summer,spend,spend,spend and spend, justify Claffys theory's about net spend and wage parity...lol,and of course mine ,player performance equals squad value!

Did you read the article?

1. The unusual loss has come about because United had to recalculate the value of deferred tax assets after the corporate tax rate in the USA was cut from 35 per cent to 21 per cent.
2. Revenue for the quarter was up four per cent to £163.9m, and United still expect revenues for the year to be between £575m and £585m

If you follow the financial news numerous companies got such a hit due to the tax reform. You should realize by now MU is not a patty shop.

[Sir X]

Good news yes ?

[Lazie]

Good news yes ?

Here is another angle.

Rising wage bill hits Manchester United profits

http://www.bbc.com/news/business-42992318

With that in mind. Ibra and Carrick leaves at the end of the season. Fellanini is iffy about re-signing, if he goes, more wages free up so we can go for better players.

[Rockman]

We could have broken even or report a real(other than players wage bill eating more into it) loss, would either scenarios be even better news?

Now, I know what the unused half from the Coutinho sale is for, it is to sure up a profit margin, is that good news?
You can't eat your cake and still have it.

[Jangle]

Leave out things that are bigger than you. We churn in revenues - profit & loss are just a manipulation of numbers. When your likkle patty shop....no... my bad, I'm disrespecting patty shops.....when your likkle food cart start raking in even 1/3 of our revenue then you can attempt to enter into a conversation about earnings.

[Jangle]

The combination of Sanchez and No.7 has proved to be a huge commercial success in the weeks since the move, with United CEO Ed Woodward suggesting the reported £500,000-a-week salary being paid to the Chilean is well within the club's budget.

"Alexis Sanchez has set a new January signing record in terms of shirt sales - three times that previous record," declared Woodward. "This trade (Sanchez's signing) generated some interesting social media stats.