₦airaland Forum

Android17:
Yes, not just in technicality but in reality.

Democrats and their media machine haven’t accepted it yet that it’s a recession. They are claiming their own definition of recession is different from what obtains in other climes.

raumdeuter:
U.S. economic activity contracted for the second consecutive quarter in Q2, data from the Commerce Department showed Thursday.

The Bureau of Economic Analysis's advance estimate of Q2 U.S. gross domestic product (GDP) released Thursday showed a 0.9% annualized decrease in economic growth for the three-month period ended June 30.

So technically speaking, Biden has pushed USA into recession?

EmmanuelScott1:
you're completely saying different thing, he said "a weak and sicky person".

the above people that you listed, who among em re sick when they started running for offices.

All the people I mentioned in the old category are weak and sickly. Biden forgets his words and stutters everyday.

nitrogen:
Barca had to sell a part of their rights to future revenues to fund the club’s activities. The club owes 1.1 billion pounds because of financial irresponsibility.

I will give you a list of clubs that went under because of financial issues and had to strive to get back to the top. It took them over 10 years to. Some are still in the trenches as we speak. Leeds, AC Milan, Parma FC, etc.

Regarding players, unfortunately, our managers asked for them. How is that the owner’s fault? If they don’t buy players for a manager, you will still complain.

You are comparing Man Utd to these hapless clubs. You do yourself a disservice with such lines of arguments.

United make the most money in England, they have the highest capacity stadium, make the highest from the gates, etc. There’s no way a club like Man Utd can go under.

The argument here is that the £1 billion taken from the club by the Glazers could have been re-invested back into the club in player signings, stadium renovation and what not but those useless parasites took it to service loans and they took dividends.

Segedinho:
everything my bro.

a weak and sicky person have almost all the time for his health..

As at the last time of US elections,

Trump = 74 years
Biden = 78 years.

Mitch McConell is 80, Nancy Pelosi is 82

This weird idea that young looking politicians are better for the job than old people is highly idiotic.

Yahya Bello was 40 when he became a governor, what impact has he made since? Dimeji Bankole was 38 when he was elected speaker of the house, what ground breaking policies did he make while he was there.

Dino Melaye was 41 when he became a senator. He’s arguably the most irresponsible law maker in the history of Nigeria. I don’t get what age has to do with governance but this is Nigeria. Many of you people have outsourced your thinking faculties to social media influencers.

nitrogen:
Question is, why must you inject 3 billion into the club over 10 years when other clubs that earn the same revenue have spent less than 2 billion (acquisitions and stadium maintenance) in the same period?

It’s business/financial irresponsibility! Football management has changed, it’s not just trophies, you also need to be financially responsible to ensure that you don’t go under!

How can United go under when they are guaranteed £600m every season? Even during the pandemic lockdown when games were played closed doors, the club still generated well over £500m.

The traditional European clubs can never go under. You are just fashioning out excuses for the Glazers who have been largely irresponsible. Even if a manager makes a stupid purchase, you don’t wait 3 years to get rid of that player.

Every man and his rat knows Maguire/AWB have no business playing for a top 6 side in England and yet they are about to start their 4th season at United. By the time they realize they should be sold, their value would have diminished so much that no club would pay above £5m for an £80m Maguire.

Segedinho:
you want me to accept your post n neglect mine even when we lifted from same source??


baba...go eat agbado

Your comment was from Obi’s commissioner. Who else would he pander to if not Obi Wan?

Investigations revealed why Obi sacked the VC. Obi suspected the VC was in bed with the protesting lecturers and he slammed the hammer on the VC.

nitrogen:
That’s the thing, the fans don’t know what they want. You want big and established superstars that will make us spend 150m per player acquisition. Others want a system and players that will fit into it (not superstars). Spending big on established players has gotten us to where we are today. I would prefer the latter, but can fans like you ever be patient with the system approach?

One thing is clear to everyone, the Glazers are spending and they are competing with other top spenders!

City’s superstars tend to fit into their system and they win all the time.

Real Madrid’s superstars always fitted into their system and they almost always win the CL.

United is the only club who spend big on useless players and achieve nothing with it. Ole spent £130m on Maguire and Wan Bissaka - that level of idiotic spending counts as The Glazers are spending and they are competing with other top spenders.

This is the obscenity going on at OT in Player sales. You don’t need to be a rocket scientist to know that the entire structure is rotten. You know we are fücked as a club when Everton and Southampton know how better to generate funds from player sales than Glazers’ United.

Let’s face it, this club is doomed.

nitrogen:
That’s the type of owners you guys want. Dem Russians or Arab money that will continue to inject laundered money from questionable sources into the club.

Guess what, the Glazers have even been spending at the same level with these guys.

Laundered money from questionable sources that bring glory to the club is allowed. I am a football fan first and foremost and my biggest wish is for my club to bring glory.

Man City have already overtaken Arsenal in the number of PL titles won in the last 6 years or so. That’s what good money and a brilliant structure can do to the progress of a club.

The Glazers have taken £1 billion out of the club, City owners have injected £1 billion into theirs. You can’t compare a nourisher to a parasite. You think the average City fan cares where their funds come from?

nitrogen:
I still don’t understand your rationale for spending 3 billion on player acquisition in 10 years. It’s funny and does not make sense to me. Will it bring more revenue to the club or what?

So you are telling me if United had Mbappe, Ronaldo, Haaland, etc at Old Trafford, their commercial value would not bring plenty of money in merchandise to the club?

If big names don’t translate to money, why are the Glazers on their knees begging Ronaldo to stay? They had to go and drag Alex Ferguson out of his retirement to add to the begging.

The more grade A assets you purchase, the more money the club would make in revenue.

nitrogen:
So, you think we should spend revenues on player acquisition? Lol, who/what will take care of operating costs? You think players don’t receive salaries? There are other staff in the business, and there is lots of marketing costs that drive some of the revenues.

I am surprised that you even want Utd to spend beyond 1.5 billion on player acquisitions in just 10 years. Are you a prodigal son?

The FFP have a 50% benchmark on wages/turnover.

If United’s turnover in the last 10 years is £6 billion. FFP allows them to spend at least £3 billion of that amount on players. United haven’t even spent half of that on players and you wonder why the squad is shit.

The Glazers must love you. You put up a better defence for them than any of their PR people trying to pacify angry United fans. By November, United would hover around 10th position and you people would start demanding another protest or a push to get ETH out of the club.

wman:
The irony of increased taxation is that you can't trust the Nigerian government.

They will most likely embezzle the money, maintain the status quo and claim that there is nothing on ground.

The citizens would not take it.

If 50% of your salary is taxed even before it hits your Zenith account, you would not tolerate any incompetence from PHCN or bad roads from your LG chairman.

You would not dedicate 90% of your ample time voting for the next BBN winner when the government can’t explain what they are doing with 50% of your monthly salary.

The public’s interest in government expenditure would heighten.

nitrogen:
Okay, I agree that we don’t make money from player sales. But then, are we not among top 4 spenders? Also, what’s the gap between the top spender and Utd?

The owners are spending. Nobody should come tell me that they are not spending or interest payments is affecting player acquisition.

United make the most money in England. There’s no reason Chelsea, Man City(who can’t fill their seats) or even Juventus be in the same level as United.

£600m revenue per annum is £6 billion in 10 years. How are we spending only £1.3 billion of that on players?

Do a ratio of how much Chelsea, Man City, Juventus have spent on players in the last 10 years to their total revenue and you would get a true picture of how things have been under the Glazers.

Segedinho:

Lies Lies Lies!!!

nitrogen:
Oya, what’s the cashflow left after taking care of operating costs? Also, what do you mean by exploits of these guys? Every damn thing has been priced into the value/price they acquired the business. It’s not a big deal.

Yes, they can run it better, but it’s not in your place to tell them what to do with their assets.

Meanwhile, see below Utd spend since Fergie left. You guys should stop saying that they haven’t/don’t spend, and that they should not take our 10m per annum. It’s their right as owners, if you don’t like it, stop supporting the club, let the value drop to 1 pound, so you can buy and run it the way you want!

This dodgy net spend stats you have shown is actually because United don’t really make any money from player sales. You people should stop holding a brief for the Glazers with incomplete picture of squad investment.

Out of all the clubs that have spent over £900m in Europe, United have the lowest amount of the players sold in the last 10 years. This is why their net spend is skewed.

EmmanuelScott1:
This is like repeating what has been said before, nobody is saying obi is a saint but the better candidate than the other two.

on Tinubu case
his party is cancelled
he's not healthy
his comment on exchange rate is off
his comment on recruiting 50millions is off
Muslim-muslim ticket not acceptable
he can't even guarantee live interview

on Atiku's case
He's not healthy too
it's not northern lokan to rule
his former corrupt cases(e.g $16b meant for power and others)

let's not forget both bribed delegates to emerge as their parties primary winner.

I must admit obi's awful in his stats, that's his flaw.

I rest my case

Obi-Wan Kenobi.

I just hope you aren’t a student or have kids that are students because ASUU will strike under Obi and Obi would proceed to sack all the VCs involved.

Segedinho:
APC as a party will always favour d cabals of d party and this happens to be d problem..

Tinubu is weak n shaky...he is not suitable for d post even if he compete under LP.

Wike under APC will still favours dsame cabals killing d country..

so both examples ain't suitable....

What has his physicality gotta do with governance?

Is Nigerian Presidency synonymous to a Premier League season?

ChristoBam:
All these attacks on United fans because Ronaldo can't find a way out of the club?

If anyone brings a good offer for him today, he'll be sold and we'll move on. No one's even talking about him and his performance last year. You're the one bringing different sh*ts up.

Are you just annoyed people aren't crying about Ronaldo potentially leaving the club?

Ronaldo is bigger than Man Utd.

This is why the Glazers had to go and carry Sir Alex from his retirement for yesterday’s meeting - begging Ronaldo to stay. Even with his rumored departure, his shirt was the first to be sold out at the megastore.

Commercially, The Glazers need Ronaldo. On the pitch, United haven’t had a prolific forward that could match Ronaldo’s output since RVP. Whichever way you want to shake it, this guy sacrificed his pride to join a sinking ship last season.

hensben:
At the emboldened, that statement is not true, you guys talk ignorantly sometimes due to sentiment and emotion.

Greenwood - 5 PL goals
Rashford - 4 PL goals
Elanga - 2 PL goals
Martial - 1 PL goal

Brainless fans.

Every United player should wash Ronaldo’s jersey, clean his cars, shine his boots, do some of his house chores.

He’s 37 and was by far the best player in the squad last season. What does that say about the dross you people are trusting to compete this season?

ChristoBam:
All these talks like he's got an offer from a UCL club. He's Mr Champions league but no UCL club is really interested in his services now.

They way some of y'all talk you'd think it's prime Ronaldo.

Grandfather Ronaldo outscored Mane, Kane, Vardy, Jota, etc in the worst Man Utd team in 30 years.

You should be ashamed of yourself for this rubbish post.

ovoP:
show me a club that signs 8 players I 1 window.. where are ypu going to get 8 quality players in 1 window, for you to bring in 8 players, you have to sell many players.. You can't do this just to appease a 37 year old.. rebuilding takes time.. in 2 to 4 Windows, the squad will look different..

Pep Guardiola signed 11 players in each of his first two summer transfers at Man City. That’s a club with ambition and direction. 22 players signed within a space of 12 months is making a statement.

Juventus signed about 13 players in one summer in 2017. None of these two clubs make as much as United but like I said United fans actually make excuses for the Glazers. “This is not FIFA or Football Manager, signing 7 players at once is impossible.”

The PL drought would clock 10 years next summer. Maybe United fans will borrow sense before it clocks 30 years.

TrebleChamp:
Finally, someone see it the way i see and have been saying it. Ronaldo didn't ask to leave when season ended, he didn't ask to leave immediately transfer window opened. He only ask to leave months into the window, after seeing United not signing any quality players, which by extension mean lack of ambition...

But you can bet some brainless United fans would make Ronaldo the enemy. Anyone who dares to stand up to the Glazers is automatically made an enemy by the media and the sheep who outsource their brains to the media.

When Mourinho shouted out the football heritage interview - demanding for some standards, United fans made him the enemy that he insulted the club. Rangnick implied the same rhetoric at the end of last season and he was hailed as the best philosopher the club has ever seen.

Ronaldo is the enemy now and some people have already started the Martial FC agenda. A player who couldn’t even start for Sevilla while on loan is being hyped again to score 30 PL goals next season. Few goals in the preseason against hapless teams was what was needed to convince a large section of fans that Martial is ready to win the PL golden boot.

We can blame the Glazers as much as we want but United fans are a bigger problem than the Glazers. They are by far the most useless in the world. Their lack of standards is disgusting. The only player to actually demand some standards at the club after so many years is being made a public enemy.

United’s PL drought would reach 30 years.

It’s inevitable.

andrewbaba44:
He has been betrayed by Man U by dragging the team to Europa league ? Interesting

No club Kuku want am ,so he might be forced to stay

Why can’t Man U allow that man leave ,Man U will always be Man U ,player wey no value the club ,make una Dey lick him ass Dey go as e go Dey rub una face for ground

He dragged the team to Europa league?

Man Utd did not win a single game in the games Ronaldo missed.

Anybody with an IQ higher than 10 knows United would have finished 14th without Ronaldo’s goals last season.

Like I said, he’s been betrayed by Man Utd.

andrewbaba44:
So Ronaldo wants Man U to extend his contract and go on loan to play champions league football then return back to Manchester United hoping they would have qualified for the Champions league the following season ?

Same Ronaldo some people Dey defend here ?

Ronaldo no rate Man U and una self no rate una club

Smh

Why should Ronaldo put up with the lack of standards currently at Man Utd? He’s Mr Champions League. He told Man Utd from the off that he doesn’t want to come here, make huge salary and finish 5th or 6th.

United forfeited an entire season in October when they kept on persisting with the Norwegian fraud. When the results got embarrassing to the point that fans walked out of OT in the middle of a game, they decided to sack Ole and they brought in a replacement.

The replacement asked for some signings to level up, the board refused. Rangnick later said the recruitment this summer should be huge and that maybe 10 new players would be needed. United have only bought 3 or 4 players and 8 players have departed.

If you are Cristiano, does this look to you like an ambition to compete with City or Liverpool? The season hasn’t even started and everyone already knows United cannot win the PL next season. That’s the lack of standards that is pissing Ronaldo off. Man Utd could have made a statement in the transfer market by bringing in at least 8 tier-A players to compete.

Why should Ronaldo waste his final years of his career playing for 5th or 6th? He scored the most goals for the club last season. He won PFA player of the month twice(highest in the country), he scored the most goals against the top 5 teams in the entire division. If the other dross players in the team contributed as much as he did, United would have finished 2nd or 3rd.

I support any decision he makes. He has been betrayed by Man Utd.

BlueRayDick:
I will rather leave u to the fantasy of believing once government doubles down on more taxation for the taxable population all financial problems of the country will be solved and Nigeria will prosper economically , the welfare of current and future security operatives will be taken care of and we will have workable system that will be oiled by the sweat of the tax paying citizens that are “useless” according to u.

You are muddying the waters with this puerile rejoinder. Not once did I say all the financial problems of the country would disappear.

I only said it would go a long way to help the government execute plenty of projects without having to borrow from China.

Secondly, this is when the citizens can also have all the constitutional rights to go after the government for not fulfilling their own side of the deal.

Come to think of it, it would also energize the passive average Nigerian who’s unconcerned with politics to be more interested in where his money goes.

If 40% of the average Nigerian’s salary is taxed and he comes home in the evening without electricity, he would take to the streets to fight the government.

However, the average Nigerian pays next to nothing in taxes. This is why he’s not really bothered if there’s no light or water. He himself knows he’s not done enough to demand constant light - so he spends the remainder of what he should have contributed in taxes to purchase a generator.

Backward mentality.

BlueRayDick:
Is the fact stated by Thisday in the report true or false ? I believe a smart person would check it out before saying stuff like “ u are showing me ThisDayLive as ur source in an intellectual discourse “ just to save face when cornered .

Your theory on more fiscal policies has fallen flat on its face right before ur eyes cos it’s obvious that is not the problem but rather what government spends on recurrent expenditures to pay salaries of unproductive public office holders .

And yes it’s appalling that u keep referring to those already paying their taxes as useless even as u call for more tax burden to be placed on their shoulders . I honestly do hope people like u do not get close to where economic decisions are being made ; at least for the sake of honest and reasonable Nigerians whose sweat and blood has been running the government of this country that’s yet to bring them joy .

You can continue to bask in your fantasy. I deal with facts, not emotions or sentiments. We can both continue to say a pig is pretty when it’s obvious even to the blind that the pig is dirty.

The tax gap for VAT(the difference between the potential and actual VAT revenues) is 71.2% in Nigeria. It means Nigeria is only able to collect about 30% VAT taxes from her citizens.

For corporate income tax, less than 6% of registered taxpayers are active. Nigeria raises less than 1% of GDP in VAT revenue, compared to almost 4% of GDP in the other ECOWAS countries.

If Nigerians cannot outperform people from Togo, Benin and Mali in contributing VAT to the GDP then your assertion concerning politician’s salary makes no sense. The citizens are contributing next to zero in the development of the country. This is why the country is fücked.

Look at South Africa, look at Nigeria(Giant of Africa).

Android17:
They owe him money too and it is easier to negotiate when you have an advantage which he currently does. Until they agree in writing about how they'll pay him the 17M or so owed, he does not have to leave. I am pretty sure he tried to buy Ole's house in Manchester which implies that he is considering playing for your team.

He can forfeit what they owe him. Herrera bought out his contract at Bilbao to join United while De Jong wants to remain stuck with salary issues.

Barcelona owe him and yet they continue to buy players? With which money? Barca will never pay the money they owe De Jong.

BlueRayDick:
lolz….

Here is a link to the full article

https://www.thisdaylive.com/index.php/2019/11/10/paying-political-office-holders-to-promote-poverty

The attached screenshot is practically saying we spend so much on paying useless bogus salaries and allowances of public office holders than we actually do on infrastructures , but here u are saying u don’t give a flying 4ck about that….. All u care about is more taxation. Lmao

Ndi Economics professor . I greet u

You are showing me ThisDayLive as your source to debate me in an intellectual discourse. Please do not disgrace yourself further with this piece of fückery.

What Nigerian politicians spend is drops in an ocean of the revenue that the Nigerian state is capable of. It’s an excuse to be lazy.

Ahmed Lawan’s salary does not stop you from making N2m a month salary in chevron. If you don’t avoid taxes and everyone pays his dues to the GDP, the country would run efficiently.

But you hide under Shina Peller’s salary to be completely useless to the country. The reasons why you aren’t productive is because your personal income has been fused into Shina Peller’s salary.

How does that make sense?

Theflint1:
You're saying so many things you've not bothered to think about. The top 1% of Nigeria have a net worth of less than 30 million Naira. What's the cost of living today, if you're taxing 50% of that lean 30 million net worth, what's left?

I’d like to see a credible article that stated that stat.

Theflint1:
if this was all Tinubu said no one would laugh na, of course, we need more bodies in our armed forces, just not 50 million which was why people laughed.

70m should be in the army or other law enforcement agencies.

There are way too many unproductive youths in Nigeria - doing nothing and they become easy pickings for terrorist clerics to manipulate.

BlueRayDick:
I find this post quite distasteful and unnecessary, but for the sake of other people reading this I will choose not not to be be offended by this .

Back to the discussion , I clearly stated the so called “more taxation” u are calling for will never work, why ? Because those paying taxes have a feeling they are practically paying to experience failure in governance over and over again.

Attached to this post is an exposé by Thisday Newspapers on how Nigerians practically pay political office holders to promote poverty.

Like , does it make sense to you that 90 million Nigerians live on less than 1.9 USD daily while 469 legislooters pocket 1,357 USD per day ? Yet u say more taxation is the way to go . Like I said , this is not an academic discourse we are talking real life situations here . U can talk about % of tax contributions to GDP from the pages of ur textbook all day, but how u want to rationalize further taxing an already impoverished population is what I would like to see u explain .

I pay tax in Lagos state and I know for certain I’ve not enjoyed the benefits of the tax I pay that would encourage me to ever support increment in my tax rate . I don’t drive on good roads like one would expect , I don’t use government water ( the staff of water corporation practically collect free salary if u ask me ) , I even face politicians and their aides with escorts trying to bully me off the road even when they are driving against traffic in vehicles bought with my tax.

You have to make this make sense Abeg.

I don’t particularly give a flying fück about how much Nigerian politicians make. How many people make up Nigerian politicians. Are they up to 10,000 people nationwide?

I don’t think you have a grasp of what is being discussed here. How can Togo, Niger, Rwanda, etc have more tax contributions to their GDP than Nigeria(the “phantom” giant of Africa)?? Giants of uselessness!!!

Even if Nigerian politicians are making N50 billion a month, double their taxes and put the proceeds into infrastructure, job creation, good roads and sort the epileptic power supply.

There’s what we call progressive tax in the UK/USA. Put the top 1% earners in Nigeria on 50% tax. Premier League footballers in the UK are taxed that much and it’s one of the reasons their government can effectively run a country.

This idea of blaming the entire uselessness of a nation on the salaries of the politician is why the country is stuck in excreta. The average useless youth in Nigeria who wouldn’t even flourish in a developed country quickly blames a Senator’s salary as the reasons why he’s unproductive.

It’s such a pedestrian excuse.

raumdeuter:
That was why people laughing at Tinubus recruiting massively into the army are very funny

Nigeria has insecurity problems, we also have unemployment problem. Recruiting 50K willing youths into the army first takes away the source of recruitment for criminals, Then these people will in turn secure the country, Like I asked, If Nigerian youths are not ready to secure the country should we ask Tanzanian or Egyptian youths that will secure the country?
Tinubu said, remove the high barrier to enter the military and let us increase our army by 25%

What will they eat? That is simple agbado cassava food items that grow easily everywhere in Nigeria

These are realistic solutions to the problem at hand

Tinubu is the best candidate on offer.

Obi is a fantasist. He has no practical solutions or the objectivity to deal with the complexity of Nigeria. His best solution to solving Nigeria’s electricity problem is to visit Egypt that are almost completely submerged in debt.

Atiku’s desperation makes him unlikeable. This is his 6th attempt and as a former VP to the parasitic Obasanjo’s regime, I really don’t think he’s got any fresh ideas to offer. Atiku goes to Dubai to chill for 3 years and then resurface in the country to run for primaries. As soon as he loses the general elections, he would disappear again only to resurface after 3 years.