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I appreciate this is how big business works (and at the risk off outing myself as a radically leftie) but isn't capitalism ridiculous when it gets to big corporations.

In effect this is the equivalent to payday loans, I could borrow a couple of grand against next months wage but then what.

This type of thing is why we are on the verge of global financial meltdown every five minutes.

Just my opinion, don't care if the right wingers agree or not but there has got to be a better way of the world running than it just being all about the rich tw@ts getting richer off the backs of everyone else, it is our inflated ticket prices and TV subscriptions that are keeping all this madness running (Energy Prices/Food Prices/Taxes for all the other stuff).

Shoes off and down to the stock exchange?
 
dublin 10 blade said:
I agree with you Carlts about helping them regarding FFP
I’d seen that myself, Villa have sailed pretty close to that line on numerous occasions even pre their playoff win , where if you thought we were close they’d have been fucked without that promotion
I’d still differ over the deal with you and how much we’d get back
After watching a Villa podcast after our game they were talking of only paying us 14 million back for Archer
But hey 🤷‍♂️ opinions are like arseholes ( not a dig btw ) we’ve all got em
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100%. I'm only guessing on United not having a load of cash free to send to Villa
 
Carlton Blade said:
We aren't getting any money for Archer. We lent them our FFP space for a season. The most we'll get back is whatever we've paid out in a fee in Y1 (that won't be known until the accounts come in). That won't be profit and it will have already been accounted for in next seasons budget
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I would imagine that we haven't paid Villa anything in cash yet for Archer and that the payment schedule will start in July if we are still a PL team. The transfer fee back to Villa will be roughly what he moved here for, allowing us to book a £4.5m accounting profit on disposal.
 
I suppose it depends what the money is being spent on and why. Otherwise it's pure speculation as to if its a good or bad thing.

Was it Sean Thornton who hinted at some big infrastructure project coming soon, but not knowing if United would be fully funding it? Maybe we've borrowed to fund this, if true?
 
dublin 10 blade said:
He can only sell it if someone wants to buy it ,
A gulf state pulled out of the Manure deal
And Towd Jim has only recently got a hold of 25% after a year of trying
But hey we’re Sheffield United they should be Queuing round block 🤦‍♂️
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We should be able to do better than the couple of numpties the Prince wasted time with.
Suspect the daft price isn't helping. He'll probably end up regretting not being more sensible when the time was right when the club's worth next to nowt back in the Championship.
 
Netsix_and_chill said:
I appreciate this is how big business works (and at the risk off outing myself as a radically leftie) but isn't capitalism ridiculous when it gets to big corporations.

In effect this is the equivalent to payday loans, I could borrow a couple of grand against next months wage but then what.

This type of thing is why we are on the verge of global financial meltdown every five minutes.

Just my opinion, don't care if the right wingers agree or not but there has got to be a better way of the world running than it just being all about the rich tw@ts getting richer off the backs of everyone else, it is our inflated ticket prices and TV subscriptions that are keeping all this madness running (Energy Prices/Food Prices/Taxes for all the other stuff).

Shoes off and down to the stock exchange?
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Power to the People mate ( as a leftie mi sen )
 
BrisBlade said:
The legacy would be the club owning the ground again and a ninth place PL finish.

On the minus side, it looks like we have spurned the opportunity to become an established PL team, frittered away the PL money without sorting out the academy or improving the ground, and ballsed up the sale of the club.

Swings and roundabouts.
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One was a legal condition of his purchase of the club. The other was almost entirely down to the manager.

So his legacy is zilch, basically. A lot of hot air and backwards steps.
 
Moan? Nope-I saw Longhorn said:
From your own “research” what was it that (in your world ) Ashley “ did at Newcastle” ? (from a purely £ perspective & ignoring the deluded , entitled fans frothing & foaming)
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Exactly. Ashley did a fantastic job at Newcastle of keeping them in the prem and reaping the rewards (money) that comes with it, without overspending.

It was just the entitled Newcastle fans who demanded more ambition and higher profile signings.
 

S64 Blade said:
I suppose it depends what the money is being spent on and why. Otherwise it's pure speculation as to if its a good or bad thing.

Was it Sean Thornton who hinted at some big infrastructure project coming soon, but not knowing if United would be fully funding it? Maybe we've borrowed to fund this, if true?
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Nothing wrong with borrowing money. Unless it's to cover operating costs, then you are in trouble!
 
Pedro's Winger said:
Think that's pretty obvious.
I can also work out Notts Forest have taken the piss by signing a ridiculous number of players on ridiculous money without having run a multi-million pound business as well.
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What’s obvious is you’ve dodged the question.
 
S64 Blade said:
I suppose it depends what the money is being spent on and why. Otherwise it's pure speculation as to if its a good or bad thing.

Was it Sean Thornton who hinted at some big infrastructure project coming soon, but not knowing if United would be fully funding it? Maybe we've borrowed to fund this, if true?
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Stopping up Bramall Lane for road traffic with a couple of flower beds? 😳
 
Sean Thornton said:
What’s obvious is you’ve dodged the question.
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Not sure how much clearer I can make it.
You don't need to have excelled or have had experience in a particular line of work to form a valid opinion on something.
I can also ascertain the House of Pork has been run badly for several years, as another example.
Don't really get why this point would be hard to understand.
 
Pedro's Winger said:
Not sure how much clearer I can make it.
You don't need to have excelled or have had experience in a particular line of work to form a valid opinion on something.
I can also ascertain the House of Pork has been run badly for several years, as another example.
Don't really get why this point would be hard to understand.
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Lol. So with no actual experience at the level we’re talking about you believe all your negative opinions are valid? Based on what? You wouldn’t last five minutes if it was your own money as opposed to public funding where there’s no personal risk other than ego.

It’s easy saying the owner is doing a poor job but no one seems to be able to put a business plan up for discussion even with the benefit of hindsight.
 
Netsix_and_chill said:
I appreciate this is how big business works (and at the risk off outing myself as a radically leftie) but isn't capitalism ridiculous when it gets to big corporations.

In effect this is the equivalent to payday loans, I could borrow a couple of grand against next months wage but then what.

This type of thing is why we are on the verge of global financial meltdown every five minutes.

Just my opinion, don't care if the right wingers agree or not but there has got to be a better way of the world running than it just being all about the rich tw@ts getting richer off the backs of everyone else, it is our inflated ticket prices and TV subscriptions that are keeping all this madness running (Energy Prices/Food Prices/Taxes for all the other stuff).

Shoes off and down to the stock exchange?
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Can you give us an example of where in the world a better system exists?
 
Rodley said:
Without significant subsidy from an Owner, is stability and being a profitable business (“sustainability”) achievable outside of League 1?
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Surely it can be on a relatively low budget for a champ/ PL yo-yo club?
 
SwissBlade said:
Surely it can be on a relatively low budget for a champ/ PL yo-yo club?
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I imagine almost every Championship clubs wage bill will have been exceeding their revenue in recent financial years. I certainly recall someone posting on here that the average wage-to-revenue ratio was ~105%. Hence the need for heavy subsidy to survive / compete.

League One might be different, but generally you need an Owner rich and daft enough to spend their money and when they get fed up (starting to talk about “being sustainable” is usually a clue), a quick sale to the next un.
 

derfblade.3 said:
No one on here knows anything about our finances.
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As pointless threads go, this is a pretty good one.

Four pages of arguments about hwther the money is for the training ground, the hotel or a pay day loan to fund day to day running of the club.

The answer, as several people have said, is that we don't know.

Of course we are allowed to discuss these things, but conjecture, rumour and then a few old entrenched positions, do not make this a classic thread.
 
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