The Sir Jim Ratcliffe Era

The BBC is reporting that all clubs have passed the league's PSR rules for the latest accounting period.

Does that mean we're not desperate to sell a home grown player?
 
Skysports reporting the same. I was a bit surprised by the reports that we were up against it as in the summer it was reported we should be fine this year as many of the big signing failures would fall off our spending.
 
O-Dog said:
The BBC is reporting that all clubs have passed the league's PSR rules for the latest accounting period.

Does that mean we're not desperate to sell a home grown player?
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This assessment period runs from July 21 to June 24 so doesn't include what the club spent this summer.

The expectation is this seasons figures which will be assessed this time next year will be a lot tighter.

If there's no European Football next season which currently looks a real possibility then we will have to sell players and reduce costs especially if they vote through the new rule changes.

The reason no clubs have been charged is there were all those dodgy deals in June 2024 where clubs just sold each other random youth players to fix their PSR figures. It was also why Newcastle agreed to let us have Ashworth for £2-3m rather than £20m as they needed that money to get over the line.
 
IDFD said:
Skysports reporting the same. I was a bit surprised by the reports that we were up against it as in the summer it was reported we should be fine this year as many of the big signing failures would fall off our spending.
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It's next year we have to worry about, as stated the accounts run from June to June, we spent a lot in the summer of 2024, the books have got to be balanced somehow by June 2025, estimates are that we are £113m over for the period June 2024 to June 2025.
We also have the debt to service, and £230m odd in transfer fee instalments to pay by December 2025.
 
Matt Varnish said:
It's next year we have to worry about, as stated the accounts run from June to June, we spent a lot in the summer of 2024, the books have got to be balanced somehow by June 2025, estimates are that we are £113m over for the period June 2024 to June 2025.
We also have the debt to service, and £230m odd in transfer fee instalments to pay by December 2025.
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The transfer payments aren't an issue with PSR due to the way the fees are reported it just a cashflow issue because a lot of the cash within the club will be spent paying those fees and there's not a lot coming in from other clubs due to our poor record of selling players over the last 5 years.

There's no way Utd are running that far over for the 22 to 25 period.

Our income figures will have been hit by failure to qualify for the CL in 2 of the 3 seasons they'll be reviewing in 12 months time.

It's a very tricky thing to calculate but Utd have massively improved some of their issues within the next period.

In terms of wages Ronaldo, De Gea, Varane, Martial and Sancho's contracts are now all off the books and of the singings in the last 2 summers only Mount is on massive money. New contracts and pay rises were given to Bruno and Rashford but on the whole the wage bill has come right down

We also got a decent chunk in with the sales of McTominay, Greenwood, AWB and some of the youth players. The raised around £80m of "income" for PSR purposes last summer over the 3 year period they've raised around £150m from sales.

This summer if there's no european football at all next season there probably will be almost nothing we can spend.
 
jsp said:
The transfer payments aren't an issue with PSR due to the way the fees are reported it just a cashflow issue because a lot of the cash within the club will be spent paying those fees and there's not a lot coming in from other clubs due to our poor record of selling players over the last 5 years.

There's no way Utd are running that far over for the 22 to 25 period.

Our income figures will have been hit by failure to qualify for the CL in 2 of the 3 seasons they'll be reviewing in 12 months time.

It's a very tricky thing to calculate but Utd have massively improved some of their issues within the next period.

In terms of wages Ronaldo, De Gea, Varane, Martial and Sancho's contracts are now all off the books and of the singings in the last 2 summers only Mount is on massive money. New contracts and pay rises were given to Bruno and Rashford but on the whole the wage bill has come right down

We also got a decent chunk in with the sales of McTominay, Greenwood, AWB and some of the youth players. The raised around £80m of "income" for PSR purposes last summer over the 3 year period they've raised around £150m from sales.

This summer if there's no european football at all next season there probably will be almost nothing we can spend.
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Mount is the fifth highest paid, the four above him account for over £1m a week in wages, highest are Rashford and Casemiro on £300k a week.
Shaw is being paid £200k a week to keep the physio happy and Macdonalds in business, we have little or no chance of shifting him.
Six of the top ten earners are no longer considered as "must play" either through injury or age
 
Matt Varnish said:
Mount is the fifth highest paid, the four above him account for over £1m a week in wages, highest are Rashford and Casemiro on £300k a week.
Shaw is being paid £200k a week to keep the physio happy and Macdonalds in business, we have little or no chance of shifting him.
Six of the top ten earners are no longer considered as "must play" either through injury or age
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I think the club are very keen to get Casemiro and Rashford out this summer, Eriksen's contract won't be renewed and they probably have to accept they're stuck with Mount/Shaw due to the injuries and Antony because he's cr*p.

The numbers you have said are when we're in the CL so all those numbers are reduced by 20% this season I wonder if they drop again next season if there's no Europe at all.

New signings should all be coming in on sensible wages the way you get up to being a top earner is by delivering for Utd and getting a renewal. The players that came in this summer all came in on good money but none of them were put on silly wages which to me is a sign that the club is finally getting its act together.
 
He didn't look at all happy watching the Saints game last night.
Total frustration on his face, I'd loved to have been a fly on the wall in the boardroom after that game.
 
croady26 said:
INEOS OUT
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You want the Glazers back in charge?

Take out the people at the very top responsible for this mess not the guys who’ve come in to try to fix it.

INEOS have put $300m into the club. Guess how much the Glazers have put in.

Sir Jim is a distraction all focus should remain on the Glazers they are the ones who have to go.
 
jsp said:
You want the Glazers back in charge?

Take out the people at the very top responsible for this mess not the guys who’ve come in to try to fix it.

INEOS have put $300m into the club. Guess how much the Glazers have put in.

Sir Jim is a distraction all focus should remain on the Glazers they are the ones who have to go.
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The Glazers are not the fools some people think they are, they knew what they were doing giving INEOS the footballing side. I doubt things have gone as planned for INEOS and SJR.
 
jsp said:
You want the Glazers back in charge?

Take out the people at the very top responsible for this mess not the guys who’ve come in to try to fix it.

INEOS have put $300m into the club. Guess how much the Glazers have put in.

Sir Jim is a distraction all focus should remain on the Glazers they are the ones who have to go.
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Let's be very clear. SJR needs to feck off. A shit show of a man whose done a shit show of a job.
 
jsp said:
You want the Glazers back in charge?

Take out the people at the very top responsible for this mess not the guys who’ve come in to try to fix it.

INEOS have put $300m into the club. Guess how much the Glazers have put in.

Sir Jim is a distraction all focus should remain on the Glazers they are the ones who have to go.
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I wish we got Clearlake and not Chelsea, they might have at least cleared the debt. Right now I feel disgusted with myself but only a real sheikh can save the club from this rat.
 
Matt Varnish said:
The Glazers are not the fools some people think they are, they knew what they were doing giving INEOS the footballing side. I doubt things have gone as planned for INEOS and SJR.
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They are brutal on the business side and they stand to make billions in profit from the deal that their dad made.

They give zero f*cks about the club it’s all about money.

Of course it hasn’t gone to plan but the club was in serious financial trouble. It’s still not fixed but it’s got better.

On the pitch it’s been a mess but when you are trying to fix everything it’s not going to be smooth sailing.
 
IDFD said:
Let's be very clear. SJR needs to feck off. A shit show of a man who’s done a shit show of a job.
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That’s just nonsense. Like Amorim he has inherited a whole heap of mess from the previous regime. Decisions he has made are unpopular granted but the club is in a terrible state so unpopular decisions needed to be made unfortunately.
 
croady26 said:
I wish we got Clearlake and not Chelsea, they might have at least cleared the debt. Right now I feel disgusted with myself but only a real sheikh can save the club from this rat.
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They’d have sold all the kids, transferred a load of club assets to themselves and jacked up ticket prices. Are you sure you want Clearlake?

The debt is a problem but it’s not the only problem the main problem of the last decade is poor decision making by the Glazers.

They did not take the football side seriously enough and thought they could run it themselves with their little gaggle of yes men and big name managers.

There was zero strategy about how we maintain our number 1 spot on the pitch. This is the consequence of that.

I still think longer term we end up with Sir Jim backed by some private equity firm to get the Glazers out of the picture.
 
Mr C said:
Sounds like INEOS
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It’s been nowhere near as aggressive as what’s been happening at Chelsea.

So far they’ve invested in club assets rather than sell them.

Let’s not forget that Clearlake have spent over £1bn very quickly on that squad and it doesn’t look like a title winning one.
 
jsp said:
It’s been nowhere near as aggressive as what’s been happening at Chelsea.

So far they’ve invested in club assets rather than sell them.

Let’s not forget that Clearlake have spent over £1bn very quickly on that squad and it doesn’t look like a title winning one.
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Least they have a decent bench
 
croady26 said:
Least they have a decent bench
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Last time I checked they had zero trophies to show since they took over.

Think they're on the 4th manager since they took over. Think they've also had 3 different sporting directors as well.

They've had to go to some serious extremes in terms of loopholes just to comply with the financial regulations.

They have 7 or 8 keepers who are all crap and a load of shocking centre backs.
 
SuperRash said:
That’s just nonsense. Like Amorim he has inherited a whole heap of mess from the previous regime. Decisions he has made are unpopular granted but the club is in a terrible state so unpopular decisions needed to be made unfortunately.
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Unpopular decisions are one thing. Redundancies I can understand.

Cutting back on the clubs charity work and putting our young stars in the transfer window isn't an unpopular decision it's a disgrace.
 
IDFD said:
Unpopular decisions are one thing. Redundancies I can understand.

Cutting back on the clubs charity work and putting our young stars in the transfer window isn't an unpopular decision it's a disgrace.
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It wasn't charity work it was a £10k a time piss up for ex-players, most of whom you would never have heard of, stories of Robbo going home in a taxi because he was too pissed to drive.
We've always sold academy players, it helps balance the books, stop listening to United failures like Robbie Savage.
 
Matt Varnish said:
It wasn't charity work it was a £10k a time piss up for ex-players, most of whom you would never have heard of, stories of Robbo going home in a taxi because he was too pissed to drive.
We've always sold academy players, it helps balance the books, stop listening to United failures like Robbie Savage.
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He cut the payments to the Man Utd foundation who say themselves that the money would have been used to help out with the older players who were there before the money was big to help out with things such as funeral cost.

You can claim it's not Charity work and was specifically for people to get pissed but we cut our donations to a Charitable foundation in the clubs name.

As for always selling our youth players when have we ever sold our top youth prospects? We have never been a selling club. Balancing the books is done through sponsorship and tv revenue. We were the club who go and pick other teams for their best players not sell ours.

I very rarely listen to anyone on United all my podcast listening is done on NFL Fantasy.
 
We sold Keith Gillespie to get Andy Cole.

Pique and Rossi were both sold.

The club only need to sell Garnacho or Mainoo because they’re the only players anyone is willing to buy.

INEOS did not put us in this position the Glazers did.

Point your weapons at them
 
jsp said:
Pique and Rossi were both sold.
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Totally different situations. Pique was let go by Fergie on the cheap because he wanted to go.

Rossi was sold to Villareal because he asked to leave and wanted first team football.

Neither were in the match day 11 regularly.
 
IDFD said:
Totally different situations. Pique was let go by Fergie on the cheap because he wanted to go.

Rossi was sold to Villareal because he asked to leave and wanted first team football.

Neither were in the match day 11 regularly.
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I addressed that in my follow up point. There’s always been a reason why we’ve sold talented young players can add Dean Henderson, Michael Keane, Danny Welbeck, Frazier Campbell, Danny Simpson and Danny Drinkwater to the list.

The club coffers have been emptied hence why the Glazers sold off 30% of the club for a $300m cash injection.

They also agreed to appoint a new board to run the club.

However, to rebuild the squad players have to be sold and no one is off limits. The current squad is a joke and has to be rebuilt.

Money has got to come from somewhere and sadly it won’t be coming from the majority owners.
 
Totally different world we live in now. Selling youth players while not ideal is the way you generate the most profits. If you have a sellable asset who can bring in £40-50m in pure profits then it’s attractive on a pure business level.

I would hate to see us sell Mainoo and to a lesser extent Garnacho but I would understand the methodology behind it.

I guess we wouldn’t even be in a position where it was even mooted we sell our best young players, however the club has been run into the absolute abyss.
 
Anyone that thinks selling Garnacho or Mainoo is an attractive option has forgot what the club is about.

Screw integrity. The being a club about the academy?
 
IDFD said:
Anyone that thinks selling Garnacho or Mainoo is an attractive option has forgot what the club is about.

Screw integrity. The being a club about the academy?
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We've always sold academy players, it's nothing new.
Some get a few games in the first team, but still don't make it for various reasons.
Tom Lawrence
Danny Welbeck
Marnick Vermijl
Michael Keane
Liam Grimshaw
Ben Pearson
Reece James
Angelo Henriquez
Tyler Blackett
Will Keane
James Weir
Sean Goss
Donald Love
Paddy McNair
Sam Johnstone
Tyler Reid
Guilermo Valera
Adnan Januzaj
Josh Harrop
Ro-Shaun Williams

All the above had time in the first team, some were squad captains, but they were given a chance, some more than others, didn't make it and were moved on.
 
Remind me again how Garnacho was signed? We chucked a load of money at his family to ditch Atletico Madrid and come to Manchester at 16. He’s hardly the local lad done good he was poached. His signing likely meant a talented local kid got cut from the academy early.

No one is saying it’s ideal but the clubs on its arse financially so it’s got to take drastic measures.

If there’s any doubt over Garnacho and we can get top money in for him to fix our problems we probably have to do it.

You would expect the club have big hopes for the current academy crop following in his footsteps and making the step up.

Doesn’t sound like he’s put up much of a fight and said no I want to stay and prove I’m good enough to be here, he seems very open to a move.

Mainoo to me would be a much tougher pill to swallow because he’s been with us a lot longer having to cash in on him would hurt me a lot more. That’s a proper academy lad.
 
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I think the main reason is they don’t want Utd fans anywhere near Tampa as they will organise a protest.
 
Matt Varnish said:
We've always sold academy players, it's nothing new.
Some get a few games in the first team, but still don't make it for various reasons.
Tom Lawrence
Danny Welbeck
Marnick Vermijl
Michael Keane
Liam Grimshaw
Ben Pearson
Reece James
Angelo Henriquez
Tyler Blackett
Will Keane
James Weir
Sean Goss
Donald Love
Paddy McNair
Sam Johnstone
Tyler Reid
Guilermo Valera
Adnan Januzaj
Josh Harrop
Ro-Shaun Williams

All the above had time in the first team, some were squad captains, but they were given a chance, some more than others, didn't make it and were moved on.
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None of them equate to Garnacho with perhaps the exception of Welbeck and Adnan. And I'm sure we all agreed at the time the sale of Welbeck was ridiculous and still do.

However Garnachos potential levels are miles above.

We've never sold our top youngsters. Garnacho is clearly one of those. It's a massively different situation to any this club has seen before.
 

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