The Manchester United Club Thread **Sponsored by Comedy Central**

I might be wrong, but i don't think increasing equity has any impact on PSR. Selling additional shares would just put some more cash into the club, but would never affect the P&L

I too maybe wrong but that’s the way I understood as it would mean less money going out and it increasing the profit on the books.

Newcastle done it a while back.
 
You are wrong. Raising equity won’t change anything re PSR. Newcastle issued more shares because they needed the cash to pay the bills, it didn’t allow them to spend more from a PSR point of view.
 
You are wrong. Raising equity won’t change anything re PSR. Newcastle issued more shares because they needed the cash to pay the bills, it didn’t allow them to spend more from a PSR point of view.
Is it all a ploy to try and drive bargaining power / reduce the ‘Utd tax’ when we (possibly) try and sign or bring in a player on loan before the end of the window?

‘Oh we’re so close to breaking PSR…’ Violins etc (rented ones, it is Ratcliffe after all.)
 
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Is it all a ploy to try and drive bargaining power / reduce the ‘Utd tax’ when we (possibly) try and sign or bring in a player on loan before the end of the window?
It's possible. As I mentioned in a reply to Shami in the transfer thread, Utd spent more and received less than they were briefing the press in the summer which would also play into that thinking. That said it's one thing fooling supporters, it's another thing fooling other clubs and agents.

I think the reality is that Ratcliffe is little better than the Glazers and is just trying to justify cutting costs at every opportunity and increasing prices for supporters.
 
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