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re: Man U reports record revenues-Interesting

Posted on 9/10/14 at 8:25 am to
Posted by Tigertown in ATL
Georgia foothills
Member since Sep 2009
29242 posts
Posted on 9/10/14 at 8:25 am to
quote:

Do you have any evidence or facts to support your belief that United has falsified it's earnings?


I don't believe or disbelieve everything.

If they did, I wouldn't be surprised.

This post was edited on 9/10/14 at 11:28 am
Posted by PeepleHeppinBidness
Manchester United Fan
Member since Oct 2013
3553 posts
Posted on 9/10/14 at 8:56 am to
Usually opinion is swayed or supported by some sort of fact. I was trying to find out which facts might be supporting yours. For example, when critics knock PSG's ad revenue, they point to the fact that the owners have substantial connections to the businesses entering into the deals with the club.

United has been reporting record revenues every year for a while now. Recently, the club entered into several major sponsorship deals which substantially increased club revenue. The knock on the Glazers before this window was that they were spending a large part of the club's revenues to service their debts, rather than reinvesting in the club. Now that some of the owner's debts are more serviceable, the club did spend some substantial money in the market. However, I don't think the club's recent revenue figures were bumped to justify the spending. I think the recent figures are reflective of the new sponsorship deals and consistent growth over a period of years. But, take that for what it's worth, I could just be a blind United homer, with deep ties to Manchester
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