Liverpool banter 209521

 

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04 May 2017 05:21:45
I see some big numbers been thrown around the papers this morning. Notably Chelsea and United.
I know nothing about ffp and finances. And I know the eds don't like to discuss it. But how can a team like United after paying loads for pogba and others. Still be in debt and still throw crazy transfer fees and wages around.
Especially with limited success recently.

And how are the likes of us, and other medium to big teams in the premier league supposed to keep up the pace financially.

{Ed001's Note - because they earn so much more. It is really that simple. If you earn more than me, you can spend more than me. United have a much higher income than we do.}

Agree0 Disagree0

04 May 2017 06:20:17
United are desperate to get success again and buying the so called house hold names for stupid money just to remind people that they are still one of the biggest clubs in the world despite not winning much in the last 4-5 years.

Let them do it, all they are doing is buying mercenaries who want a big pay day. Pogba for instance not really done anything this season for a massive price tag and massive wages.

04 May 2017 06:57:28
I can't fathom out how a club in so much debt can be classed as one of the worlds richest clubs.
Where as teams like Arsenal, with no debt, seem to be more constrained by FFP than United.
I know United have bigger sponsorship deals but that shouldn't be a factor. They're hundreds of millions in debt.
It's pretty ridiculous.

{Ed001's Note - Arsenal have debt too. No idea why you think they don't?}

04 May 2017 06:59:01
I guess I'm confused at how they earn so much more.
For instance they have a bigger stadium but fat Wayne is on what now 300000 per week? Aren't we capped at 150000?

Not a fan of big money in the sport but it is the way of things I guess.

04 May 2017 07:37:10
Why do they earn more?
Much bigger stadium
More recent success
More sponsorship
More popularity in emerging football markets
More matches
Aggressive successful marketing when the team was winning.

It not that difficult to figure out. I don't know the numbers but I'd imagine we're miles behind in terms of income.

04 May 2017 07:28:14
Ed would be helpful to understand exactly how they earn so much more given their league positions last few years. is it still their global fan base and how do they monetize that so effectively, or is it sponsorships or TV payments or something else? Do you think Liverpool will ever be able to compete and what would we need to do to get there? I know you don't really like to talk money but curious to know if you feel able to share. Thanks.

04 May 2017 07:28:14
Ed would be helpful to understand exactly how they earn so much more given their league positions last few years. is it still their global fan base and how do they monetize that so effectively, or is it sponsorships or TV payments or something else? Do you think Liverpool will ever be able to compete and what would we need to do to get there? I know you don't really like to talk money but curious to know if you feel able to share. Thanks.

{Ed001's Note - Ron has pretty much explained it. They marketed themselves around the world, built up their stadium etc, while we stagnated under Moores. Ever since then we have been playing catch up, but without our former success on the pitch, while they have had a recent history of success.

The only way we will ever compete is to win more trophies over a long period of time and market it properly.}

04 May 2017 08:41:25
I was always led to believe they had no debt. I was obviously wrong!
My point still remains that if you are significantly in debt, you can't, or shouldn't, be classed as rich, no matter of your income.
I earn more than a friend of mine, yet he has paid off his mortgage whilst I haven't. I know which one of us has more money (it's not me) and I know which financial position I'd rather be in (not mine) .

{Ed001's Note - it depends how much more you earn. If you earn enough you could easily pay off your mortgage at any time you chose, then you are not really in a bad financial position. Man Utd have such a large income stream that they would have to suffer massive financial mismanagement of the kind of scale that only a merchant banker could manage to produce. Which is why it is quite heartening to see a merchant banker running the club nowadays ;-)

04 May 2017 08:46:54
Although They have much bigger spending powers than us and Jose always gets a big transfer kitty, don't buy in to all the paper talk that they're going to sign every Tom, Dick and Harry! I mean in today's papers alone they've agreed to sign Griezmann for £89 million in £280k a week, had a £70 odd million bid rejected for Mbappe and a ready to pay £62 million for Boletti. every day the papers say Griezmann is a done deal but the money details change daily, so who actually knows? They're just guessing!
On a side note, if there's any truth in Willian being moved on I'd love us to go after his signature! Really can't see why Chelsea would let him move mind, the guy is quality!

04 May 2017 09:07:25
Great responses guys. Thanks.
Mind boggling how much more I guess.

Lol at the investment banker thing. I've always said that United were pyramid scheme and I've been waiting for it to tumble. Still not happened.

04 May 2017 10:08:12
Ed001, can I ask your views on the breakaway league that ed002 has talked about.
All the richest clubs joining it.
Do you think it'll happen and, if it does, would you want us to be part of it?

{Ed001's Note - I am pretty sure it will happen eventually, but I hate the idea and hope we have nothing to do with it. The Premier League is bad enough.}

04 May 2017 10:22:07
I suppose an away trip to Bayern Munich may be cheaper than an away day to Arsenal though. ;)

04 May 2017 11:13:52
Thanks for the reply Ed - I'm based in Asia at the moment and noticeable how when 13/ 14 happened so many more reds tops were around. Think in Asia in particular where PL is massive but allegiances aren't set in stone, the style of play and results are key to building global recognition. Klopp has also had a good impact and IMO will repay his wages many many times over if we can even half way emulate what he did at Dortmund.

{Ed001's Note - fingers crossed.}

04 May 2017 11:43:17
The trouble is the tv money would go with it but it may see English football back on terrestrial, younger English players getting regular football so pros and cons. I'd expect us to go with it regardless if we are still performing at the right end of the prem table.

{Ed001's Note - streaming rights will soon kill TV rights anyway.}

04 May 2017 12:24:20
Don't be blinded by the suggestion United have only just started spending big etc.

If you go back to 1991 when they first floated, it really has been moneybags there after.

04 May 2017 12:45:52
Hi eds

Do you think they can actually still attract players in the ilk of greizman without CL football next year?

{Ed001's Note - some, yes.}

04 May 2017 13:43:28
United could simply buy any player under the sun. The hard earned money over the past two decades of sheer dominance on European football. They are a bigger entity than both Real and Barcelona combined. They could probably sell Pogba for free and walk freely away.
Money will buy you success, Ask Chelse and City. Both from nothing to something!

04 May 2017 13:46:53
I have travelled a fair bit to Africa and the Middle East on business and the overwhelming attitude amongst the up and coming generation is "who are Liverpool? " Lack of recent success and ignorance of the past underpin this attitude.

04 May 2017 14:53:04
Does debt have any relevance with FFP?
I thought FFP was directly related to gross income.

{Ed002's Note - Yes, there are limitations on money that can be thrown at the club by owners beyond what a club earns itself.}

04 May 2017 16:03:49
Thanks ed 😘😍.

04 May 2017 21:39:49
Harry

According to Forbes, Real Madrid (694 million) and Barcelona (675 million) both had higher revenue in 2016 than ManU (625 million) . Plus ManU debt as % of value is roughly 10 times larger. So not sure how you came to idea that Manu is bigger than Real and Barcelona combined. Do you have any figures to back up that claim?







 

 

 
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