Official Manchester United Fan Thread:''20 Times EPL Champion - European Football (EPL, UEFA, La Liga) (6655) - Nairaland
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| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by odizeey(m): 3:23pm On May 04, 2019 |
ChristineC:just gree. Failure no get brother even in business |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by ChristineC: 3:28pm On May 04, 2019 |
odizeey:point the successful clubs in England over 10 years. point the ones over 5 years. |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by Nobody: 3:30pm On May 04, 2019 |
ChristineC:i’m to believe ChristineC that sells shoes in Idumota instead of BBC Sport. You can tell that to ur fellow scummies. |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by ChristineC: 3:32pm On May 04, 2019 |
kokaneprodigy:that's because people like you don't think for yourselves, and when you do your mind tell you your thoughts are rubbish before they even leave your lips. |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by Nobody: 3:36pm On May 04, 2019*. Modified: 3:53pm On May 04, 2019 |
ChristineC:So you are asking me to believe “ChristineC sports” instead of BBC sports just to prove to u I think for myself. Hell No!! I don’t want to think for myself today. Thanks. |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by tenmariner: 3:45pm On May 04, 2019 |
Spurs lost to Bournemouth with Everton as their last match and Everton deh fight for Europa qualification. That match will be very interesting! |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by timay(m): 3:52pm On May 04, 2019 |
nitrogen:You're wrong sir. Chelsea was also like this when Abrahamovic came in, the way the Qatar oil rich owners came for City. Yet over 10 years down the line, they are still not as valuable as man utd. You people don't know that Man utd has grown to become the English pride and it will take an extremely poor management to drown it |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by Nobody: 3:53pm On May 04, 2019 |
If only she read the report, while United actually made more revenue than City ( 590M to 500M), City had less wages to pay compared with Man-U, City made a profit of 39M on player sales while United was at a loss on that, City is debt free while United is not. So if company A and company B both make 100M each in sales revenue. But “A” has liabilities including salaries to maintain as much as 95M while company B has just 60M. Is “A” getting more value for money spent? |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by olabode89(m): 3:53pm On May 04, 2019 |
kokaneprodigy:Did you read the article before running here to troll like a sex starved house wife? Hope you know that this report was based on the work of some lecturer with little accolades or notoriety in Sports finance and it was based on a model developed by one of the guys in charge of the company that owns Football manager game franchise. Come back to troll when a more renowned entity like Deloitte who is in charge of the "Deloitte money league" and Forbes release their report. Below is the current ranking by Forbes
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| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by Nobody: 3:55pm On May 04, 2019 |
olabode89:There’s a difference between richest and valuable. |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by Nobody: 4:01pm On May 04, 2019 |
olabode89:when you talk about rich you are valuing assets + money in the bank. Valuable is actually looking at ur investment decisions against ur profits. Reason the report talked about revenue vs profit. You don’t expect City to beat United’s wealth over night. Reason I said it’s a gradual process. It’s bad investment decisions overtime that makes u start selling those valuable assets and eventually become poor like Leeds United. U dig? |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by humblesteve(m): 4:05pm On May 04, 2019 |
tenmariner:Everton fighting for which Europa? Man U is currently on 6th position with 65points and Everton with 53points and just one match left so how are they fighting for Europa ? |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by olabode89(m): 4:06pm On May 04, 2019*. Modified: 4:31pm On May 04, 2019 |
kokaneprodigy:In this scenario they are basically the same thing. There is no where else apart from this sub par report, where City is valued more than United. As as June 30 2018, the cut off period used in the report United had a higher net asset value, more revenue and more profit. You should note that City has zero debt and zero associated finance costs. |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by thorrvik55(m): 4:11pm On May 04, 2019 |
humblesteve:The 7th placed EPL team also qualifies for Europa... Example; Burnley this season, they finished 7th last season and crashed out during d playoffs vs olympiacos I think... |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by nitrogen(m): 4:13pm On May 04, 2019 |
ChristineC:What makes a brand so popular? Who accepts a brand? People! The fact is supporters of Man Utd abound in South East Asia, South East, Middle East, Africa and the likes. What you however need to understand is without success, you don't get a top brand and many followers. I mean, as the level of support declines due to poor results, the less top companies want to associate with your brand, and sale of jersies etc declines. AOL, Deezer, DHL etc will disappear. Its business, nobody does emotional and historical stuffs. |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by Nobody: 4:25pm On May 04, 2019 |
olabode89:dude na finance 101 I give u so. You can take it or leave it. Reason Forbe’s categorically said RICHEST while the BBC report says VALUABLE. These things are used to track the progress or decline of coys. Coys don’t just close down in one day series of bad results make them close down. Take Diamond Bank for example, u can take Leeds United too. I never said City is richer than United today. If u are to invest today will u invest with a coy posting losses? Manchester United as of today is not as valuable as Man City simple. |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by nitrogen(m): 4:25pm On May 04, 2019 |
kokaneprodigy:Fact is Man Utd is still one of the top two most valuable clubs in the world, but then, it's only a matter of time before we are out of the top 3. |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by olabode89(m): 4:31pm On May 04, 2019 |
kokaneprodigy:This is the reason why I said you should look deep into this wishy washy report. Below are the revenue, profit before taxation and profit after taxation for both teams City Revenue - 500M Profit before taxation - 10M Profit/(loss) after taxation - 10 M (note that City didn't pay corporate tax because they have tax credits as a result of huge losses accrued over the huge expenses the club incurred over the years) United Revenue - 590M Profit before taxation - 26M Profit/(Loss) after taxation - (37)M Reason for the loss - The US federal corporate income tax rate reduced from 35% to 21% following the substantive enactment of US tax reform on 22 December 2017. This necessitated a re-measurement of the existing US deferred tax position in the period to 31 December 2017. As a result the tax expense for the year ended 30 June 2018 includes a non-cash tax accounting write off of £48.8 million. Accordingly, this has resulted in a loss for the year ended 30 June 2018 and basic and diluted loss per share. |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by olabode89(m): 4:33pm On May 04, 2019 |
kokaneprodigy:Lol! Check my last post for the reason why United posted losses in the last financial year. Finance 101... lmao! No need to dey make noise.. Also there is a need to review the performance of a company over a period of time. Investment decisions are not made based on the report of one year. There is a reason why in financial statements/reports results for at least 5 years are shown to give users of financial statements ample information. |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by nitrogen(m): 4:36pm On May 04, 2019 |
kokaneprodigy:Finance 101. Calm down! Most valuable and richest are almost the same in finance. Some institutions say being rich is by revenue, but the fact is your market capitalisation (if you are a listed company) or fair/net asset valuation tells us how rich your company or entity is. Only reason your report is saying something different from Forbes' is the valuation methodologies adopted. I would go for Forbes' rather than a report from one riff raff entity or person. We all know that Forbes has been doing this sh1t for a very long time. |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by olabode89(m): 4:38pm On May 04, 2019 |
nitrogen:Finance 101... concluding based on one year result. ![]() You go fear CFA certified financial/investment analyst... lmao |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by Nobody: 4:39pm On May 04, 2019 |
olabode89:Did you deliberately skip the parts I wrote “Overtime “ ? Or where I said it’s a gradual process? |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by eph12(m): 4:40pm On May 04, 2019 |
tenmariner:Their goal difference might just be their saving grace |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by Itsmedozie: 4:42pm On May 04, 2019 |
emitope:but talk true who will you keep matic or mata |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by olabode89(m): 4:44pm On May 04, 2019 |
thorrvik55:It was because the winners/losing finalists of the two domestic cups in England for that season qualified for the Champions league (an European competition) via their league position. Therefore, the slot is passed down based on the league table. |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by nitrogen(m): 4:45pm On May 04, 2019 |
olabode89: ![]() Sh1t happens! |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by Nobody: 4:45pm On May 04, 2019 |
olabode89:All these megedefegede doesn’t change the fact that u posted loss. |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by Nobody: 4:47pm On May 04, 2019 |
nitrogen:I strongly disagree. If e no be panadol e no fit be like panadol. |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by nitrogen(m): 4:49pm On May 04, 2019 |
kokaneprodigy:That's fine. Enjoy yourself buddy! |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by olabode89(m): 4:51pm On May 04, 2019 |
kokaneprodigy:Are you switching your position on "City is more valuable than United"? You mentioned that United is on a decline but the club is posting increasing/record revenues year after year and I explained the reason for the loss recorded in the last financial year which the wishy washy report that you are parading decided to ignore in their evaluation. Taking into consideration that a material part of City's revenue is through some shady related company investments/commercial deals make your claim laughable. Based on sound financial analysis from the financial report of both teams there is no way that City is valuable or richer than United. |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by olabode89(m): 4:52pm On May 04, 2019 |
kokaneprodigy:Mr. Financial Analyst... I thought you were debating based on your Finance 101 expertise, how come valuable information relating to financial figures are all of a sudden irrelevant?? |
| Re: Official Manchester United Fan Thread:''20 Times EPL Champion by Nobody: 5:01pm On May 04, 2019 |
olabode89:Until u come up with ur report and it gets published by BBC only then will I take ur megedefegede (elamps will not kill me ) seriously.City is more valuable than United let it sink. Ayagayagayagayooo |
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if you think Man City is earning more money than Man United then joke is you. remove the sugar daddy let's count the change left.