Manchester United’s audited accounts were published overnight. Here are a few random snippets from the 782 page document that weren’t in the headline figures a few days ago. Auditors picked up over £1.1m including £446k for tax avoidance advice.
https://pbs.twimg.com/media/ElFF6azXgAAQZVJ?format=jpg&name=large75% of Class ‘A’ shares owned by four investment funds. These carry 1 vote each. Glazers own all of the Class ‘B’ shares that carry 10 votes each. Ed Woodward owns shares worth £7.8 million.
https://pbs.twimg.com/media/ElFF7DFXEAACZZ5?format=jpg&name=mediumBoardroom pay was £10.5 million. Won’t find out highest paid director until UK accounts published.
https://pbs.twimg.com/media/ElFF7fqWAAE8dxg?format=jpg&name=largeManchester United bought players & extended contracts for £101 million post 30June 2020 and had sales of £6 million. A new overdraft facility of £50 million was arranged in October
https://pbs.twimg.com/media/ElFF75ZX0AAiGpV?format=jpg&name=large£248 million of #MUFC revenue comes from 3 customers. Mysteriously these are not named but
@paddypower
have very short odds on them being Premier League, Adidas & Chevrolet.
https://pbs.twimg.com/media/ElFF8XeWMAAVBBN?format=jpg&name=mediumTotal cost of #MUFC squad was £831 million at 30 June, this was before signing of De Beek etc.
https://pbs.twimg.com/media/ElFF8weXEAAW5iC?format=jpg&name=mediumEmployee numbers at #MUFC continue to rise.
https://pbs.twimg.com/media/ElFF9KdWAAIzXbw?format=jpg&name=mediumManchester United are owed £57m from other clubs for transfer fees, suspect a lot of this is Lukaku related.
https://pbs.twimg.com/media/ElFF9lqXYAAWfAy?format=jpg&name=mediumManchester United owe other clubs £149 million for transfer fee instalments. This is down from £258 million a few years ago.
https://pbs.twimg.com/media/ElFF9_UWkAEx81g?format=jpg&name=mediumCayman Island registered Manchester United have taken advantage of Covid-19 UK tax rules to delay paying VAT of £15 million until March 2021.
https://pbs.twimg.com/media/ElFF-ajXIAE8jlU?format=jpg&name=largeManchester United can issue up to 16 million shares worth at present prices £229 million to senior staff.
https://pbs.twimg.com/media/ElFF-7yXgAAslT6?format=jpg&name=largeManchester United May have to pay up to £79 million, mainly to players & other clubs, if certain targets achieved. Can also earn £4m from sell on clauses
https://pbs.twimg.com/media/ElFF_ZHW0AA8q8T?format=jpg&name=mediumOg lidt mere, god debat !
https://t.co/VP0GEcG3pJ?amp=1