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曼联阿森纳财政状况分析(Manchester United, Arsenal, financial situation analysis)
曼联阿森纳财政状况分析(Manchester United, Arsenal, financial situation analysis)
Manchester Uniteds financial analysis: record losses behind huge profits
Background news:
At noon local time on October 8th, Premier League club Manchester United officially announced that the clubs annual operating profit last year was one hundred million pounds as of June 30, 2010. CEO Gil said: the clubs record sales and record operating profits that we have achieved good results in terms of finance, the club will continue to maintain the teams investment, and make the team is still in the forefront of world football. However, the British media said that due to the Glazer family owed huge debts caused by the high interest rates, the United States last year, the overall financial deficit is still, the loss amounted to 83 million 600 thousand pounds.
On the face of it, Manchester Uniteds annual earnings were horrific, with a record loss of 83 million 600 thousand after a disappointing season, coupled with a variety of expensive and complex debts.
But behind the numbers, Manchester Uniteds financial performance is one of the strongest in the premier league. In terms of club operations, we call it EBITDA in terms of accounting, interest, taxes, depreciation and amortization - United created cash profits of 108 million, more than 8 million 700 thousand pounds in 2009.
Although the last season in the Champions League quarter finals was eliminated, the League also came after Chelsea ranked second, Uniteds income is increased. Manchester United will never be a problem in terms of gold payment, but under Glazer, Manchester United will be more successful, of course, some will say that this is partly due to rising ticket prices. Manchester Uniteds problem is where the team spends their money. Glazers opponents said the money was taken and the debt was paid when he bought the team in 2005. Yes, Manchester Uniteds more than 100 million profit is still 83 million 600 thousand loss, indeed because of the cont
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