As for Balotelli specifically, I'd happily take him on loan with an option to buy but also the ability to send him back in January too. He's a very good player, not a great one and his attitude makes him a gamble. The only way signing him on a permanent deal makes sense is if he lives up to his potential and goes on to become a great player, then you put up with his nonsense, or if he grows up, then you've got a very good player that you don't have to worry about. Whether he'll do either? I don't hold high hopes.
Yesterday there was Roma's team presentation. Seems like Benatia didn't want to attend, but he was forced to go.
A lot of fans cheered when Benatia came on.
Personally, I think if he does stay, he won't be 100%. Rumors say he wants to go to Bayern Munchen. Bayern ONLY. No Roma, Chelsea, United, whatever.
Good point about the IPO (im presuming you mean the original not the one that released another 5% a few weeks ago) however this was well before the new TV deal which naturally made everything a lot more expensive.
£20m today barely gets one reasonable back up player, let alone a world class player.
Its also pretty unusual having to replace 2/3 of the outfield XI in one go
Havent heard of the cash level issue - but it certainly seems plausible (if the level the Glazers had to keep in the bank was £100-150m ) which appears insanely high considering the value of the IPO/ % club thats on the market, but who knows
Why would a top player go to Man U now? No Champions League and a poor squad which probably won't win anything major for the next couple of years.
Growth of TV revenue and commercial deals were all taken into account when that prospectus was drawn up..
As for the Glazers financial agreements outside of Utd being linked to Utd's finances; as far as I know there's nothing confirmed right now but we know for a fact that the interest rates on the PIK loans that the Glazers previous took out (which weren't secured on the club) were dependent on the debt levels at the club (which is effected by the cash balance) so it's certainly possible.
They also can't just spend as much as they want, because of the Premier League salary cap.
It's an interesting situation.
Manchester United can obviously offer a competitive pay check, however they can not offer any certainly over European football nor being competitive in winning domestic trophies.
Fans need to understand that Manchester United are going to be very fortunate to tempt a player away from a Champions League club, unless there is a specific issue with the player (Mata), and that they need to be picking up the 'cream of the crop' from the chasing packs, they also need to bring in better quality prospects. The club need to start paying up, they're working themselves in to a awkward situation; short on good players and with money available to spend means that this is the period in which selling clubs have all the power.
Absolutely no difference between Utd now and City a few years ago when they didnt have CL football, and yet they managed to get Aguerro et al (apart from seemingly negotiating skills in getting the deals done)
I never get the whole no CL means no players view. Surely players will expect Utd to get back into the CL and challange for the trophy again within 5 years (IF they sign players), surely they can rake in big wages and have a release clause that allows them to be sold if Utd fail to qualify for CL? Must be better than playing for a team that is in a non-competitive league with little chance of ever winning the CL and earning low wages.
I doubt anyone would have known exactly by how much.
It was a surprise to everyone that Utd got the Addidas kit deal for so much for one.
Dont dispute that at all - but debt (according to the Guardian today) is below £300m , PIK repayments are £20m a season after being renegotiated a year or so ago, and as previously mentioned prize money + sponsorship for this season is more than £200m.
Of course they'd have known the value of the new tv deals or at the very least a rough idea. Negotiations for the next round haven't even begun yet and the PL are already briefing journos the figures they're expected to get.
And the Adidas deal wasn't a surprise, Utd were briefing the press for well over a year that they were expecting that sort of figure..
United’s financial picture does not look quite as bright as the club paints it, despite income for the year ended 31 March 2014 – £111m made at Old Trafford, £183m reaped by the sponsorships and other commercial sweating, and an extraordinary £128m from broadcasting income – totalling £422m, by far an English football record..
Yet the Glazer debt for a club that had no borrowings before the takeover, is still about £342m and finance costs were another £53m, reducing pre-tax profits to £22m. United’s cash reserves – £34m – would still be the envy of most other clubs but are shrunk from the £151m in the vaults in 2009. Ronaldo’s £80m sale, according to investment analyst and United supporter Andy Green, was spent paying off the Glazer debt.
The Glazer deal astonishes me at times!
The Glazer deal astonishes me at times!