Dan Ashworth (no longer working for Manchester United)

[El Prontonise]

12 minutes ago, Froggy said:

 

PSR allows a £105m loss every year doesn't it? Not sure debt is capped. 

 

£105m over 3 years.

[Froggy]

2 minutes ago, El Prontonise said:

£105m over 3 years.

 

Aye, so expect £1.1b of debt in 2028.

[Sibierski]

4 hours ago, Froggy said:

 

Aye, £4.1m in total for Ashworth which included compensation to Newcastle and severance. Minging.

 

Accounts also showed that we've now crossed the £1b mark in interest payments from Glazer debt since 2005, and debt now stands at >£1b. Without the INEOS injection, cash balance would be non-existent. 

 

A sorry state of affairs.

Ineos will be taking out similar payments in future years too, giving their cost cutting across all over divisions.

[David Edgar]

Fucking brilliant this. They're finished as a force at the top. 

[Geogaddi]

1 hour ago, David Edgar said:

Fucking brilliant this. They're finished as a force at the top. 

Unfortunately they aren't , whilst it's great laughing at how bad they are now the way PSR is setup to favour the cartel clubs means they will eventually overtake the likes of us again. Purely down to them being allowed to spend and pay wages we will never be allowed to do . 

[RUHRLYASLEEVESUP]

9 minutes ago, Geogaddi said:

Unfortunately they aren't , whilst it's great laughing at how bad they are now the way PSR is setup to favour the cartel clubs means they will eventually overtake the likes of us again. Purely down to them being allowed to spend and pay wages we will never be allowed to do . 

Never ?