13 Dec 2025 23:41:01
Man Utd have been in a winning position for 623mins and 55 seconds thus far this year. It's more than the whole of last season. To say we're not improving is nonsense. The issue is quite simple. We were not in position to buy every player we needed in the summer. But that scenario is about to change. According to our Q1 financial statements we are confident we're well within PSR requirements for this season and next year it's a whole new system.
United still have a debt and debt service issues but, setting that aside because we really don't know what our debt capacity really is, the club should comfortably be able to spend £250m this coming summer. and stay within both the Uefa and FA rules.
14 Dec 2025 09:25:35
Next year will be a key year for the club as the Glazers apparently have a financial clause that expires Feb 2027.
This means that they risk reduced returns and diminished control. It would be favourable for the Glazers to negotiate terms for a sale sooner, rather than later.
Whilst I'm not an expert in these matters, the Glazers could potentially lose out financially if they allow the clause to expire.
14 Dec 2025 11:01:13
I think the clause would force ineos to accept a sale as long as equal or more than what they paid for their shares. But the share price right now is around half that so it seems very unlikely to come into play.
14 Dec 2025 15:25:24
DonRed,
It is potentially financially beneficial for the Glazers to sell before Feb 2027 as the drag along clause means the Glazers could sell for at least $33 a share - SJR would have to sell his shares too.
After this date, the club could theoretically be sold for less, as this will expire after Feb 2027.
However, the Glazers could just keep things as thye are.
14 Dec 2025 19:26:52
I've read that and I find it to be an odd framing. The Glazers wouldn't be able to sell at a low price now without Ineos agreement. That's all it means. It's always financially better to sell at a higher price!
15 Dec 2025 00:04:05
United's total debt in 2014 after the company went public was as low as £400m, perfectly manageable. The 2 primary reasons the debt is so high today is actually not the LBO, or even the dividends, but managerial incompetence and Covid. If United had bought as wisely and had remained as successful as they were during the Gill/SAF era, the debt would not be what it is today. Ed Woodward will go down in United history as the worst CEO the club has had the misfortune to be run by.
Yes, the Glazers are greedy. Yes, the LBO should never have been allowed, and would not be today. But that said, the worst sin the worst sin the Glazers committed was foisting a know nothing to run United. Be honest, you might still not care for them, but if we were still a great team winning trophies every season, the debt wouldn't bother you.