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Manchester United debt hits £716m

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Comments

  • Generali
    Generali Posts: 36,411 Forumite
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    To be fair to Sky/Fox, they have absolutely no history of removing financial support for any sport in any country of which I am aware. They seem to have a very good record of increasing payments and working with sports to increase popularity (in both parties' interest of course).

    Many of their competitors have a history of promising a lot and then rather unfortunately going bust.
  • Generali wrote: »
    To be fair to Sky/Fox, they have absolutely no history of removing financial support for any sport in any country of which I am aware. They seem to have a very good record of increasing payments and working with sports to increase popularity (in both parties' interest of course).

    Many of their competitors have a history of promising a lot and then rather unfortunately going bust.

    That's true to an extent - Sky made the EPL and the EPL made Sky through Sky Sports.

    The last deal was £1.1bn, I don't see much scope for Sky to increase that in the next deal. The crazy wages being paid to very average players on the back of huge TV money is a huge issue for lots of premiership clubs.

    The debt levels in the EPL are frankly astonishing and until clubs start actually paying wages on current income rather than TV money they're expecting in the future they are just making the eventual problem worse.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    jamespmg44 wrote: »

    The debt levels in the EPL are frankly astonishing and until clubs start actually paying wages on current income rather than TV money they're expecting in the future they are just making the eventual problem worse.

    This is more likely to effect the smaller clubs as teams like United would be able to negotiate a better deal or distribute the live coverage themselves, although the pirated live streaming on the internet doesn't help them in this.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    StevieJ wrote: »
    This is more likely to effect the smaller clubs as teams like United would be able to negotiate a better deal or distribute the live coverage themselves, although the pirated live streaming on the internet doesn't help them in this.

    Don't they already have MU TV?
  • baby_boomer
    baby_boomer Posts: 3,883 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    What a hoot.

    The fortunes of ManU are tied to a family who are mired in the very worst of the US commercial property disaster ;).
  • Emy1501
    Emy1501 Posts: 1,798 Forumite
    Running a football club on the basis that you will finish in the top 4 every year is madness. There is no doubt that at sometime in the future that all of the current top 4 will fall out of the top 4 at sometime.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Don't they already have MU TV?

    Yes but no live premiership, at the moment.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
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