[Football] ‘Offshore Jim’ at Man United

[Zeberdi]

So a new 100000 stadium being built as part of Old Trafford regeneration project. How are they paying for that then?

By borrowing even more against the Club which is already £1bn in debt? More investment from Radcliffe’s own port folio and ‘foreign’ investment?

New Man Utd stadium: 11 key questions including cost, location, Old Trafford plus photos

BBC Sport looks at some of the key questions surrounding Manchester United's proposed new stadium.

www.bbc.co.uk

The insanity of saddling the Club with such expenditure is only surpassed by the insanity of building what looks like a cross between a Bedouin tent and something out of a Hans Christian Andersen fairy tale.

 

[BadFish]

In truth, I think Man Utd clearly needed to review their operational costs and having 400-500 permanent members of staff is extreme. If you assume an average wage of 20k PA, getting rid of 200 of those people will save £4m per year and that's significant. Obviously, they need to look at the higher earners and that is why Rashford was shooed out of the club on loan, as was Antony. Sancho was binned in the summer.

All of the interview is eye watering, but the idea that they're paying out £89m in transfer fees in the summer window even if they don't buy anyone at all is incredible. The squad is absolutely useless. Even if they had everyone fit and available right now, they'd be struggling to get into the top 10. They'll never struggle to recruit players but they are going to struggle to get Casemiro and Onana out of the door. And then they've got Rashford to come back in the summer, and Sancho and Antony. It's going to be a messy few years, financially.

...and they say football finance is boring. All thoroughly entertaining from where i sit.

Someone will do a podcast about it soon!!

 

[BadFish]

So a new 100000 stadium being built as part of Old Trafford regeneration project. How are they paying for that then?

sack the tea lady?

 

[Han Solo]

So a new 100000 stadium being built as part of Old Trafford regeneration project. How are they paying for that then?

Big changes to infrastructure, "revitalization" of the area, increased tourism, work opportunities... in short, benefitting all of Manchester! Maybe all of England!

Also known as "the tax payers will sort it".

 

[TWOCHOICEStom]

Big changes to infrastructure, "revitalization" of the area, increased tourism, work opportunities... in short, benefitting all of Manchester! Maybe all of England!

Also known as "the tax payers will sort it".

So Wagamamas on every corner and beige flats nobody can afford. Got it.

 

[schmunk]

beige flats nobody can afford.

Was this meant for the shoes thread...?