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Monday, 1 June 2015

Good housekeeping at Manchester United – explaining the May 2015 refinancing

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In the decade since the purchase of Manchester United by the Glazer family, the debt placed on the club has been “refinanced” four tim...
Wednesday, 18 February 2015

United - buying players on the never-never

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Work and family commitments have prevented me from blogging for almost a year for which apologies. I haven’t given up and intend to pos...
Thursday, 13 March 2014

Baron Capital's stake in Manchester United - getting the numbers right

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This post is a brief apology for bad maths. Earlier this week I noticed Manchester United had made a "13G filing". This is an A...
Tuesday, 21 January 2014

Manchester United – the potential financial cost of failure

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It’s crystal clear that a Champions League place, that sad modern non-trophy victory we’ve watched Arsenal "win" in recen...
Monday, 18 November 2013

Debt down, fan communications restored - where next for MUFC?

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Apologies for the lack of regular posts. Work and family have to take priority over football finance…. The beginning of a new phase? ...
Friday, 24 May 2013

The history of Manchester United's debt

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Last night United announced to the New York Stock Exchange that it was repaying around half of its outstanding bonds using a new bank loan ...
Friday, 8 February 2013

£500m of costs later, could we see a debt free Manchester United again?

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For almost eight years, Manchester United has been subject to a financial experiment to see whether a highly leveraged buyout could “work” o...