Unbelievable

Dafuq was that from Bruno on the throw in?

Brilliant Gordon

Ah classic Joelinton rocket into orbit

Ah man Tino, learn to cross

Howay the lads

It depends largely on where the shirt was bought from as well, as per https://www.thesun.co.uk/sport/22898752/premier-league-man-utd-arsenal-shirt-sales/ “German sports marketing expert Dr Peter Rohlmann has revealed the break down of each £80 sum. Their report claims that from an £80 shirt, clubs receive a £4.80 licensing fee. The retailer then gets £26.40 - meaning if the shirt is bought directly from the club, this money goes to them. Manufacturers, Adidas in Man United and Arsenal's case, then get £23.47. Of the rest, £13.33 goes toward VAT, while £1.60 goes to local distribution and £2.40 on marketing. Each shirt is claimed to cost £8 to make.” So for a shirt bought from the club directly, the percentage is more like 39%, whereas if bought at say Shit Direct it’s closer to 6%.

Why shouldn’t we as a club’s fans expect the owners to grow the club organically rather than artificially by throwing billions of their own money at it? If anything the early expectations of fans, as driven by the media, that PIF would have us go after the Neymar’s and Ronaldo’s of this world has proven to be absolutely nonsense, and luckily so. I look at Chelsea and PSG in particular and laugh at them being hollow clubs in my view despite their owners having spent a fortune on them, and I am grateful that we are progressing under our own steam more or less. The journey may take a few years longer, but it is going to be so much more enjoyable for it.

Kieran Maguire explained this in a recent podcast quite well. In short, the PL is a member’s club and as such is legally allowed to propose and decide on (by member vote) such rules. Also NUFC (Ashley) having voted in favour of these rules before goes against us. source:

Others have valued us at over 1bn more recently, and surely looking at just the value of the playing side assets 645m seems very low?

I know you have a financial background, so I wonder what makes you say we’re a shit investment? We were clearly undervalued at acquisition time (305m), and since then they have roughly invested a further 350m afaik. If they were to sell, what do you think would be a sensible valuation for a club now back on track to be a regular European qualifier and with several assets seen as having increased in value considerably since we bought them?

Absolutely. Looks like they’re actively preparing by bringing forward all their transfer business for the next few years.

PIF see us as an investment. Why wouldn’t they? They are an investment fund, not some Geordie benefactor.

Apologies mate. It’s just when you say stuff like the club has “failed” to grow commercially and you “can’t tell” whether we’re making up ground when it appears you haven’t even looked at the data I get a bit irritated. Will try to be more patient going forward.

Or to be more precise, we closed the gap on those 5 (significantly even), but somehow Arsenal seem to have done even better in absolute terms.

Ah. Well the progress as a percentage obviously depends on the base from the previous year to which it is compared. However, seeing as Man City’s is the highest revenue of those mentioned at roughly 3 times ours, I think we’re closing the gap both absolutely and relatively speaking.

Alternatively you could have done some research yourself, no? I mean, the Deloitte data as per a 5 second google is here: https://www.deloitte.com/uk/en/services/financial-advisory/analysis/deloitte-football-money-league.html Our revenue (all types combined, not just commercial) grew by 29%, compared to e.g. 1% for City, 3% for Man U, 5% for Liverpool, -3% for Spurs, -7% for Chelsea. Does that answer the question about closing the gap or “simply moving up the table”?

It’s not hard to tell if you wanted to find out…

Maybe I am coming at it from a different angle. I wouldn’t demand, or even expect any football club owner to put massive amounts of their own money in. I do expect them to act in the best interest of the club however, and make it as competitive and self sustainable as it can be. From what I can tell that is exactly what our owners are doing. So far, despite their near limitless riches, they have done and are doing what any good owner could have done without resorting to throwing silly money around to buy success that would not be properly earned. For that I applaud them rather than criticise them. I much prefer this than for our club to be turned into PSG on steroids.

Shearergoal literally did on the previous page, then you and the usual suspects intimated as much by this of repeated line that they’re missing a trick by not having a training ground sponsor, stadium renaming, etc. They’re not missing a trick. They are aware of their options (whereas we are not) and have made a conscious decision on how best to proceed. They’ve surely earned the trust of fans by their actions so far, wouldn’t you say..?

Of course. Football finance expert Dave Powell pretty much confirmed this in this great Everything is Black and White podcast (around 28:50 mark) Still we get the same posters every couple of days coming in to explain to us how our owners are “failing”

Wut

Important week ahead. We look like we’ve started believing our own hype a bit. Proper back down to earth performance and result, and much work to be done

Our goal difference taking a hit too

Well done Dubs. What a pathetic display by all bar maybe Tonali