Re: Manchester United - Biz, Financial news 'n rumors
 

Man Utd, Chelsea thrive in economic downturn - experts
07.10.09 | tribalfootball.com

The likes of Manchester United and Chelsea have successfully survived the global economic downturn.

The Deloitte Sports Business Group presented research that suggests top-flight football has been less badly affected by the downturn than most other industries.

Their report indicates that the average attendances for the first two rounds of the Champions League are up 5% year-on-year, Premier League grounds are on course to remain at 90% capacity for a 17th consecutive season and both TV rights packages and shirt sponsorship deals are thriving.

Dan Jones, a partner in the Sports Business Group at Deloitte, said: "When the economic downturn hit, we expressed cautious optimism for football clubs that the strong and loyal supporter base and the security of long-term broadcast and commercial deals would provide some degree of buffer against the worst effects of recession.

"Leading football clubs and leagues outpaced the rest of the economy in the good times and now seem to be faring better than most in a challenging economic environment.

"Although conditions are likely to remain difficult in the short term, the fundamentals of football remain strong. Football is deeply integrated into many people's lives, and attending and watching live sport is habitual for fans who will sacrifice other luxury items before they will give up their sport 'fix'."

Re: Manchester United - Biz, Financial news 'n rumors
 

ANFIELD LOSES CASH OF TITANS
SPORT CONFIDENTIAL
11 October 2009 - Tom Hopkinson

Liverpool were pleased with themselves when they announced their £80million, four-year kit sponsorship tie-in with Standard Chartered Bank.

It was believed their deal, which begins next season and matches the record agreement struck between Manchester United and American insurance bigwigs Aon, proved the Merseysiders could compete commercially with their arch rivals.

But Confidential understands that Liverpool are lagging way behind United, whose deal is worth closer to £100m.

Aon are understood to have dumbed down their numbers to avoid criticism in the global economic climate.

Meanwhile, Prudential are leading the race to become the FA Cup's latest sponsor, with current backers e.on in the frame to replace Coca-Cola as title sponsor of the Football League.

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^:)^^:)^^:)^salut buat MU. =D>=D>=D>ternyata masih nilai sponsor terbesar di dunia. nggak pantes kan klub yang dah mandul puluhan tahun mo menyamai brand nomor 1 sedunia, pemegang rekor juara premiership sejak pertama kali bergulir.
:muscarf::muscarf::muscarf:

MU emang top markotop...

Re: Manchester United - Biz, Financial news 'n rumors
 

Man Utd perform new cost-cutting measures for staff
25.10.09 | tribalfootball.com

Manchester United are launching cost-cutting measures throughout the club.

The News of the World says free toast, porridge, tea, coffee, fruit juices and even Ribena will no longer be available to "non-essential" staff at Carrington. Sir Alex Ferguson has approved the changes, which will affect many of the 120 staff who work there.

Only "core staff" such as players, coaches and senior officials will be able to take advantage of the free food first thing in the morning.

"Non-essential" staff are being told to eat breakfast before they arrive at the club's training facility on the outskirts of Manchester.

The budget savings have also been endorsed by chief executive David Gill and chief operating officer Michael Bolingbroke.

Re: Manchester United - Biz, Financial news 'n rumors
 

Globacom, Manchester United in 5-year Sponsorship Deal
By Femi Solaja, 11.02.2009

Two giants, Africa’s leading integrated telecoms operator, Globacom Limited, and the world’s richest club, Manchester United of England, have signed a five-year sponsorship contract.

The two giants will unveil the partnership deal to the world press at Old Trafford on November 6.

Through the partnership deal, the telecommunications giant, reputed as Africa’s biggest supporter of football, will provide a unique chance for West African cadets to have an international exposure to top of the range training facilities at the Manchester United Soccer Academy.

The deal confers on both partners the right of association in three countries, namely Nigeria, Ghana and Benin Republic.
Globacom’s Group Executive Director, Mr. Paddy Adenuga, described the partnership as consistent with the company’s leading role in creating opportunities for African youths to give expression to their football talents.

Expatiating on why his company entered into the alliance with Manchester United, Adenuga said: “At Globacom, we have consistently played a leading role in identifying opportunities and providing platforms for positive transformation of youths through football. This new partnership with the world’s most famous football club will no doubt give impetus to the quest by kids in Nigeria, Ghana and Benin Republic to become world stars.”

In addition to the youth development programme, the deal also has a dream package for the millions of Manchester United Football Club fans in the three countries that will enjoy all expenses paid trips to Old Trafford to watch 14 live matches of the Premiership, FA Cup and UEFA Champions League.

Adenuga also stated: “Globacom will continue to explore opportunities to satisfy the people’s deep passion for football and we believe that we can enrich such experience by making it possible for fans to meet their club heroes and watch them play.”

Manchester United Football Club fans who are Glo Mobile subscribers in the three countries will receive regular updates on their favourite team and players.
Globacom which started operations in 2003 is Africa’s fastest growing telecoms network.
It has connected over 28 million subscribers in Nigeria and Benin Republic. Its Ghana network is billed for launch before the end of 2009.

Propelled by its vision to be the biggest and best telecommunications network in Africa, Globacom has since commencing operations taken the lead in bringing the benefits of modern technological innovations, ranging from per second billing and GPRS to Blackberry and 3G plus high speed internet to the people.

It has also through its highly affordable pricing forced down the cost of telephone services in the markets where it operates.

Its most recent accomplishment is the landing of the gigantic trans-Atlantic Glo 1 submarine cable which links Africa to Europe and America with incredible bandwidth. The telecoms giant said Glo 1 will bring a new wave of prosperity to Africa.
Globacom is also involved in community development in its areas of operation, including sports sponsorship. It is the sponsor of the premier league and national football teams in
both Nigeria and Ghana.

It is also the sponsor of the CAF Awards for the past four years and the Glo Lagos International Half Marathon for the past three years.

Re: Manchester United - Biz, Financial news 'n rumors
 

Perusahaan Seluler Sponsor Baru United
Hendra Mujiraharja - Okezone

LAGOS - Manchester United mendapatkan sponsor baru. Adalah perusahan seluler dari Nigeria Globacom yang menjadi sponsor baru buat juara bertahan Premier League itu.

Ya, dalam perjanjian kontrak selama lima tahun antara Globacom dengan The Red Devils juga dusebutkan, United akan memberikan ijin kepada pemain dari Nigeria, Ghana dan Benin untuk berlatih di akademi sepakbola Old Trafford.

"Di Globacom, kami secara konsisten untuk membantu mengembangkan bakat pemain sepakbola muda di negara Afrika," jelas Grup Eksekutif Globacom Paddy Adenuga, kepada surat kabar di Nigeria, Thisday.

"Perjanjian baru ini dengan salah satu tim terkenal di sepakbola dunia, tidak diragukan lagi memberikan kesempatan kepada anak-anak di Nigeria, Ghana dan Republik Nenin untuk menjadi bintang," lanjutnya.

Rencananya, perjanjian ini akan diumumkan di Old Trafford, Jumat mendatang. Pengmuman ini juga akan melibatkan para fans Setan Merah di Nigeria, Ghana dan Benin yang bakal menonton pertandingan Edwin van der Sar dkk. (hmr)

Re: Manchester United - Biz, Financial news 'n rumors
 

Manchester United quiet in transfer market since Malcolm Glazer's takeover
Manchester United's retreat from the top end of the transfer market has been highlighted by official club figures which reveal that a net sum of only £32.4 million has been invested on new players since the Glazer family's takeover in May 2005.

http://i.telegraph.co.uk/telegraph/m...2_1536742c.jpg

By Mark Ogden
Published: 7:00AM GMT 04 Dec 2009

United's decision to walk away from a £10 million option to buy Partizan Belgrade teenager Adem Ljajic this week has prompted claims by the Serbian club that a 'financial crisis' at Old Trafford prompted the deal to collapse.

Senior United officials have strongly rejected Partizan's assertions by insisting that the decision not to sign the 18 year-old was based solely on his football ability.

But with the net spending under the Glazers amounting to an average of just £6.48 million a season, the club's failure to reinvest the £80 million banked from the sale of Cristiano Ronaldo to Real Madrid this summer has prompted fears among supporters that the club's main priority is now to service their £699 million debt rather than strengthen Sir Alex Ferguson's first-team squad.

The sale of Ronaldo, the £5 million raised from Fraizer Campbell's transfer to Sunderland and the decision not to take up a £25.5 million option to sign Carlos Tevez or the £10 million deal for Ljajic, has left United with an apparent £100 million transfer fund once the £20 million summer signings of Antonio Valencia and Gabriel Obertan are accounted for.

Duncan Drasdo, the chief executive of the Manchester United Supporters' Trust, said: "Whatever the reason for the Ljajic deal falling through, the fact is, with the revenues flowing into the club, Manchester United should be competing with Real Madrid and Barcelona for players of the calibre of Lionel Messi and Kaka. But instead, we have to carry the deadweight of the Glazers' ownership on our backs.

"The true picture will not be clear until after the January transfer window, but with the £80 million Ronaldo transfer fee, plus the supposed £25-30 million annual transfer kitty, a spend of £100 million would effectively be break-even.

"Supporters will rightly be asking where the money has gone when they've been forced to pay more and more through the huge ticket-price rises in recent years."

A spokesman for the Glazer family insisted during the summer that £60 million could be "reinvested in the squad, doing up the toilets or on new carpets", but United spent a mere £20 million on Valencia and Obertan during the closed season after refusing to meet the £35 million valuation of Lyon forward Karim Benzema.

According to United's figures, the club spent a net £8.1 million on transfers in the year ending June 2006, followed by £1.2 million in 2007 and £44.9 million in 2008 before making a profit of £38.7 million in 2009 following the sale of Ronaldo.

Since June of this year, United have spent a net £16.9 million.

Manchester City's £117.5 million summer spending spree highlights United's more cautious spending approach, with Ferguson claiming there is little value in the current market.

As a result, United have set their sights on the likes of Napoli midfielder Marek Hamsik and Wolfsburg forward Edin Dzeko as recruitment targets rather than challenge Chelsea for the £40 million-rated Sergio Aguero.

Meanwhile, Rio Ferdinand is targeting a first-team return in the FA Cup third-round tie against Kettering or Leeds next month after undergoing intensive treatment on a long-term back problem.

Re: Manchester United - Biz, Financial news 'n rumors
 

Makin hari koq makin ada sesuatu yah dengan kondisi Finance UNITED??!! [-(
Dari Red Cafe :

Glazer family hit the wall over refinancing of Manchester United | Manchester United - Times Online

The Glazer family, the owners of Manchester United, are struggling to refinance their enormous debts amid concerns about the impact they are having on the club.

The Times understands that the Americans have been trying unsuccessfully to secure a refinancing package for part of the club’s £699 million debt for months, having failed in 2007 and last year, because of the bleak global economic climate.

Fans’ groups have cast doubt over whether they will ever see the £80 million raised from the sale of Cristiano Ronaldo, the Portugal forward, to Real Madrid last summer reinvested in the squad.

Dragan Djuric, the Partizan Belgrade president, meanwhile claimed this week that United pulled the plug on a deal to sign Adem Ljajic, the Serbia Under-21 midfield player, because “maybe they are in financial crisis”.

United dismissed Djuric’s claims and a spokesman for the Glazer family has maintained publicly that there is plenty of money available for Sir Alex Ferguson, the manager, to spend on players, but supporters are unlikely to be pacified until they see the arrival of some big names or evidence that the spiralling debt is under control. The main concern is understood to centre around the £175.5 million worth of debt that the Glazers are personally responsible for, not the £518.7 million of loans secured against the club.

It is these so-called Payment In Kind (PIK) notes, money borrowed from US hedge funds that “rolls up” at an annual interest rate of 14.25 per cent, that the Americans are believed to have been trying to refinance.

The intention was always to pay off these loans within a few years of the takeover in May 2005, but while they managed to redeem some of the original PIK debt of £275 million, the credit crunch has made this difficult.

By the time the debt matures in 2017, it will stand at £580 million unless the Glazers can pay part or all of it off before then, or secure a preferential rate of interest. With the club also facing rising capital repayments from 2013, the PIK debt is a concern. It grew from £152 million to £175.5 million in one financial year.

Previous reports that the Glazers could persuade the banks to refinance by offering securitisation against future match-day revenues are said to be wide of the mark; ticket sales are already factored into the borrowing.

As such, given that the 14.25 per cent interest rate was agreed the last and only time the Glazers have been able to refinance, in August 2006 when the financial climate was rosier, they will do well to secure a lower rate unless they have something tangible to offer would-be lenders.
Gila Bungannya :-w
It is understood that United are operating well within the financial terms set by their lenders. However, Perry Capital and Citadel — the two US hedge funds that provided the Glazers with PIK loans — get a range of rights over the club in the event that their financial performance falls beneath a certain level, including the right to appoint their own directors to the board.

Ultimately, they could seize control of the club should revenues plummet.

Documents obtained by The Times also reveal that the terms of the loan put a cap on United’s spending.

A spokesman for the Glazer family said: “We continue to keep our financial options for the club under review just like any other business.”

Re: Manchester United - Biz, Financial news 'n rumors
 

sekarang aku hanya berharap ada orang kaya yang mau beli MU dr glazer.tapi apa ada ya klo tau utang MU segitu banyak. sedih banget tiap mbaca brita tntang utangnya MU.jangan sampe MU terpuruk gara2 efek utang.
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Re: Manchester United - Biz, Financial news 'n rumors
 

Gara" deal off Ljajic semua media menyoroti kondisi keuangan UNITED. :-S
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Glazer family's debt is raising questions in Europe

By Rob Draper, Mail on Sunday Chief Football Writer Last updated at 10:25 PM on 05th December 2009


Bayern Munich have added to the growing consensus among European clubs that Manchester United face an imminent financial crisis because of the £700million debt laden on the club by the Glazer family.

Partizan Belgrade president Dragan Djuric raised the spectre last week by suggesting that a lack of funds might be a reason for United's failure to follow through on the proposed signing of Serbia Under-21 midfielder Adem Ljajic, even though United insist it is a decision made purely because of the strength of their emerging players.

But directors at Bayern Munich formed the same impression as Djuric in the summer when United made an early inquiry about the availability of Bayern winger Franck Ribery.

Bayern suggested a price in the region of £60million, heard nothing more and concluded that United didn't have the money to spend, despite the £80m sale of Cristiano Ronaldo.

Re: Manchester United - Biz, Financial news 'n rumors
 

uh nooooo
kalo gini mending Glazer jual aja deh, pasti ada lah yg mao beli United...City aja ada yg mao beli masa United ga
Cmon some rich Arabians or Bill Gates maybe?