Portsmouth.
I'm no expert on Utd's finances, but without the money they got for Ronaldo they would have made a £30m loss. Surely that doesn't bode well?
No not at all
they are near enough £50m in profit now - and they spent £20m or near enough on players in the summer - so they would have been £70m in profit without those players, therefore only £10m in the red wihtout the sale of Ronaldo (compared to about £20 - 30m in 2008 which is what I said first off )
edit
http://www.viewlondon.co.uk/news/united-post-48m-profit-19551190.html
2008 had a £21.8m loss - and without the player purchase in 2009 and Ronaldo sale Utd would be £10m in the red (basic calculations show this), and it also states in the same article year on year Utd are making a £10m profit -
Seems to me Frank is saying that it's unlikely Man Utd would have spent £20m in the transfer market had they not gotten the money they did for Ronaldo. Which makes sense to me, since the large majority of that twenty mil went on his "replacement" in the squad.Slightly confused by your maths there?
Slightly confused by your maths there?
http://www.soccerbase.com/transfers_by_team.sd?teamid=1724Off the top of my head, Utd's main deals last summer were signing Berbatov and selling Pique, Campbell and Saha; give or take an outlay of £20m (?).
just got a text off a mate. He took a picture of Henry outside of Anfield.
Am uploading it to imageshack now....