• Dear Guest, Please note that adult content is not permitted on this forum. We have had our Google ads disabled at times due to some posts that were found from some time ago. Please do not post adult content and if you see any already on the forum, please report the post so that we can deal with it. Adult content is allowed in the glory hole - you will have to request permission to access it. Thanks, scara

Donny Van de Beek

Finney Is Back said:
Quite a bit less debt than us though I think?....

Van de Beek is a much smarter signing than Sancho. A better player for about 40% of the price.
Click to expand...
Oh I disagree there
Sancho is world class already and is getting better
donny is very good but is another like for like to what they have

their debt as of April was £400m ish and then they took out that extra loan
 
Bedfordspurs said:
Oh I disagree there
Sancho is world class already and is getting better
donny is very good but is another like for like to what they have

their debt as of April was £400m ish and then they took out that extra loan
Click to expand...
World class? I’m not so sure but that’s just my opinion.

So about £300m less than ours then?
 
Finney Is Back said:
World class? I’m not so sure but that’s just my opinion.

So about £300m less than ours then?
Click to expand...
Not now
It’s about 150m less and their using their recent loan to pay off the debt they had so that will go up
Ours is there just in case but we could be tapping into it (we not know yet)
 
Bedfordspurs said:
Not now
It’s about 150m less and their using their recent loan to pay off the debt they had so that will go up
Ours is there just in case but we could be tapping into it (we not know yet)
Click to expand...
Ours was £657m pre covid. We have since borrowed £175m from the government. So we’re at £830m (ish).

How do you know what you have stated there?.... that Man Utd tapping into their existing credit facility is to pay off debt they had, whereas ours is ‘just in case’? Also if Man Utd are using theirs to pay off existing debt then surely that portion of their debt reduces somewhat? Is it not more likely that both clubs have uncertain financials over a likely 12 to 18 month forthcoming period so have drawn on available loan facilities to ensure they retain cash flow?
 
Last edited:
Finney Is Back said:
Ours was £657m pre covid. We have since borrowed £175m from the government. So we’re at £830m (ish).

How do you know what you have stated there?.... that Man Utd tapping into their existing credit facility is to pay off debt they had, whereas ours is ‘just in case’? Also if Man Utd are using theirs to pay off existing debt then surely that portion of their debt reduces somewhat? Is it not more likely that both clubs have uncertain financials over a likely 12 to 18 month forthcoming period so have drawn on available loan facilities to ensure they retain cash flow?
Click to expand...
I don’t know if we have used our government loan, and we won’t know about that yet.
United stated when they took out the additional loan it was to pay for debt due this summer and to be used to assist in the costs of buying players this summer. It was certainly described as an additional loan but unlike ours is was for player costs
Hence why their using it for donny and possibly Upamecano who would be a brilliant signing
 
Last edited:
I do have to say the reporting on this season makes it sound like a mega one and one that was united stealing a march on rivals

form the outside it looks like they offered what Ajax wanted and offered the player a chance to triple his wages. It’s that easy

If someone else wanted him they could ha e done the same too

Using Oles chat with him as “news” is odd. I’d be stunned if a manager didn’t speak to a player he was signing before hand
 
Bedfordspurs said:
I don’t know if we have used our government loan, and we won’t know about that yet.
United stated when they took out the additional loan it was to pay for debt due this summer and to be used to assist in the costs of buying players this summer. It was certainly described as an additional loan but unlike ours is was for player costs
Hence why their using it for donny and possibly Upamecano who would be a brilliant signing
Click to expand...
I don’t think Man Utd stated that at all. Their statement was that they: “precautionarily drew funds from the revolving credit facility to increase cash position, preserve financial flexibility and maintain liquidity during the crisis“.

I looked at the numbers and Man Utds existing debt was a little higher than I had thought... pre COVID they were sitting at £482m. Adding the additional £140m they have drawn from their credit facility that makes their total £622m, in comparison to our £832m. If they are able to use their new £140m of borrowing to buy players instead of just covering costs as seems to be the purpose of our additional £175m, then they are obviously in a better position than us financially (before you even consider the basics such as debt to income levels).
 
Finney Is Back said:
I don’t think Man Utd stated that at all. Their statement was that they: “precautionarily drew funds from the revolving credit facility to increase cash position, preserve financial flexibility and maintain liquidity during the crisis“.

I looked at the numbers and Man Utds existing debt was a little higher than I had thought... pre COVID they were sitting at £482m. Adding the additional £140m they have drawn from their credit facility that makes their total £622m, in comparison to our £832m. If they are able to use their new £140m of borrowing to buy players instead of just covering costs as seems to be the purpose of our additional £175m, then they are obviously in a better position than us financially (before you even consider the basics such as debt to income levels).
Click to expand...
Didn’t say their position wasn’t better than ours
I did say they don’t have the money people think to buy players, hence why they borrowed a huge chunk of cash
 
Bedfordspurs said:
Didn’t say their position wasn’t better than ours
I did say they don’t have the money people think to buy players, hence why they borrowed a huge chunk of cash
Click to expand...
Let's see how much they actually spend this summer before deciding how much money they have to spend. They have just done a £35m+ deal for Van de Beek in about 2 days which doesn't suggest they are trying to penny pinch. Their club have a turnover that dwarfs ours and over £200 million less debt. From a financial point of view it means that they could easily spend another 2 or 3 hundred million and still be in a better position than us financially.

You previously claimed that Chelsea had no money and had to sell before they could buy, only for Chelsea to then buy Chilwell, agree a fee for Haivertz and also sign Silva and Sarr on (no doubt) lucrative bosman transfers.
 
Finney Is Back said:
Let's see how much they actually spend this summer before deciding how much money they have to spend. They have just done a £35m+ deal for Van de Beek in about 2 days which doesn't suggest they are trying to penny pinch. Their club have a turnover that dwarfs ours and over £200 million less debt. From a financial point of view it means that they could easily spend another 2 or 3 hundred million and still be in a better position than us financially.

You previously claimed that Chelsea had no money and had to sell before they could buy, only for Chelsea to then buy Chilwell, agree a fee for Haivertz and also sign Silva and Sarr on (no doubt) lucrative bosman transfers.
Click to expand...
Yep Chelsea are fudging their own plans for once and making use of the COVID Situation. Their not using their own money like they claim they do regularly. Their taking an injection from Roman and planning for 2/3 seasons as next season their can’t really buy anyone due to the way FFP has changed and they know that (great article in Swiss ramble yesterday on it). Also highlights their spending money they brought in as I said (hazard and Morata money)

let’s see what united do too
Your right their turnover is greater than ours but they also pay out a LOT mor run wages and owed a LOT more in transfer fees due, hence the loan to be able to buy. I believe that money would have all gone on Sancho and they wouldn’t have been able to get anyone else hence why that deal didn’t happen. They can now buy DVB and Upamecano for less which makes sense
 
Last edited:
Bedfordspurs said:
Yep Chelsea are fudging their own plans for once and making use of the COVID Situation. Their not using their own money like they claim they do regularly. Their taking an injection from Roman and planning for 2/3 seasons as next season their can’t really buy anyone due to the way FFP has changed and they know that (great article in Swiss ramble yesterday on it)

let’s see what united do too
Your right their turnover is greater than ours but they also pay out a LOT mor run wages and owed a LOT more in transfer fees due, hence the loan to be able to buy. I believe that money would have all gone on Sancho and they wouldn’t have been able to get anyone else hence why that deal didn’t happen. They can now buy DVB and Upamecano for less which makes sense
Click to expand...
How lucky Chelsea are to have an owner with more money than he or his family will ever need that also really wants the team he owns to win....

How lucky Man Utd are that they are in the sound financial position that allows them to be able to borrow money to directly spend on players, taking advantage of the likely depressed transfer fees commanded this summer compared to recent times...

How lucky we are that the government were offering bail out loans to companies to allow them to stay afloat. :D
 
Finney Is Back said:
How lucky Chelsea are to have an owner with more money than he or his family will ever need that also really wants the team he owns to win....

How lucky Man Utd are that they are in the sound financial position that allows them to be able to borrow money to directly spend on players, taking advantage of the likely depressed transfer fees commanded this summer compared to recent times...

How lucky we are that the government were offering bail out loans to companies to allow them to stay afloat. :D
Click to expand...
I don’t think the fees are depressed at all
Look at the money for Chillwell for example
 
Finney Is Back said:
Let's wait until the end of the window before judging that.... There will be some desperate clubs come end September.
Click to expand...
Why though? I mean why would clubs suddenly become desperate
Clubs can just not buy or sell and keep their status quo
Most clubs in Europe are governed well financially and most U.K. ones with fun ace issues are behest for a £b owner who subsides them
 
You must log in or register to reply here.
Back