TheEyeOnDesign
7.4K posts

TheEyeOnDesign
@theeyeondesign
looking for things… and beauty.
England, United Kingdom Katılım Kasım 2017
4.9K Takip Edilen639 Takipçiler
TheEyeOnDesign retweetledi

@Charlanardo But I thought the young lad was the 2nd coming and the old fella was having an absolute swan song?!
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We’re now in the “write literally anything” and get 25k likes era
Football Talk@FootballTalkHQ
🗣️Rafael: "Fergie used to love Anderson. Once we were in a packed elevator and Anderson screamed, "Sack Tap!" and slapped Fergie on the nuts from below. We thought he would kill Anderson, but he laughed."
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TheEyeOnDesign retweetledi
TheEyeOnDesign retweetledi

@Charlanardo Absolutely atrocious. The thoughts of a man who has become insanely wealthy because of others (majority of which I’m sure were immigrants) working hard!
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@Charlanardo I’m not the biggest fan of the lad but you’re right. Some of been let off being way worse
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Done one single thing wrong and faces these tweets, when others can continually do far worse. It’s a pandemic in our fanbase.
Casey Evans@Casey_Evans_
Confidence is like a drug, but unfortunately for Diogo Dalot that drug is ketamine
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@NoContextHumans Gear-do’s
(Pronounced geer-doe’s)
All the kit, none of the grit
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@deancoughlin_ @MrBeast Was waaaaay oops with 72…. Reckon 720 might be more likely
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@StretfordPaddck A waste of time having him. But only because he wasn’t given the time to finish what he started…
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One month ago today, Manchester United parted ways with Rúben Amorim as head coach ❌
A month on - how do you feel about the decision now? 👀
#MUFC

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TheEyeOnDesign retweetledi

🚨This is the message from the club, ie that ’money is tight’.
⚠️I need help here, because I want to answer it with a clear and concise message, because it is — very misleading — and Glazeresque, but I am not sure how to put it.
1. So, money is not ”tight” at MUFC. Why? That would indicate that the club’s financial situation could be sustainable if it was run on a strict budget. Like we have money, but we must be careful how we spend it.
2. MUFC does not have any money at all.
Like many other PL clubs, like many companies — MUFC needs and will sooner rather than later get a ’bailout’. Simply support from its owners. All other football clubs get this from time to time, because owning a football club is an expensive hobby.
Like, this is not ”wishful thinking”, it is not a nice to have. It can come in many shapes or forms — but it is 100% a given. And like I said, it happens all the time in football.
For example: Everton very recently received £233m plus £450m for a total of £683m from its owners. The club simply needed that money to have a chance to operate in a meaningful way and service the new debt for the new stadium.
But why are the owners giving money to a club? Think of it as a luxury car that is worth £100k and have accumulated parking tickets and been seized. After all fees and interest, you must pay £10k to get it released. Everyone would pay 10k to get 100k.
3. Why do I say that MUFC is in this position?
Very roughly, the club can turnover around £600-800m in a year. 65-70% of that must go to the squad to even remotely be competitive. £150m goes to just keeping the lights on. When winning the treble, Man City made a profit of £120m with no finance costs.
To put it like this — MUFC making a profit of £80m in a season before financing costs and repayments of loans would be an amazing accomplishment.
The club is over £1 bn in financial and transfer debt. The club owes its stadium £0.8bn / £3bn (ie a paint job vs a new stadium).
The cost of debt is counting low £60m per billion owed. The plan is to build a new stadium, the cost for 3bn debt is £180m per year.
It is very simple indisputable math — that even if the club is firing on all cylinders going deep in the CL — it will have a very hard time servicing a debt that costs more than £80m per year. And it is very much completely unrealistic to expect the club to ever pay off any debt in the current environment.
4. So why is the message from the club misleading?
Because it assumes that MUFC will not get a bail out.
5. But why is MUFC saying this, if it is not true? Because in a classic Glazer fashion, it is about count pennies. If we operate the club like it future depends on saving money, we will spend a little less and the bailout will be a little less more expensive.
UtdXclusive@UtdXclusive
🚨🗣️ @AndyMitten: "Money is tight. It absolutely is. If Manchester United don’t get into Europe, it’s going to be even tighter next season. It’s imperative that United get into Europe." [@TOTDevils]
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@Charlanardo Find it quite heartbreaking realising most of the “legends” are cunts
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@Charlanardo This set up almost requires the forwards to score 3 to offset the inevitable
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