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No Question About That - a Manchester United podcast

Bonus: Football finances with Andy Green

No Question About That - a Manchester United podcast

Studio 1878

Sports, Soccer

4.7 • 1.1K Ratings

🗓️ 3 June 2022

⏱️ 39 minutes

🧾️ Download transcript

Summary

#556. In the first of our summer bonus issues, Ed talks to Andy Green, the former football finance blogger know as @andersred, about United's finances and the prospects for a summer spending spree. ** No Question About That is listener supported. If you are interested in backing the show and accessing exclusive bonus episodes and merch, check out our Patreon page. You can also leave a rating and review in Apple Podcasts and Spotify. ** Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

And So, Hi everyone. First of our summer bonus editions I'm talking to Andy Green you may know him from years past as and as

0:35.0

Red the football finance blocker how's it going Andy yeah very good

0:39.6

thanks that's nice to see yeah you too yeah we used to meet up at a sort of Manchester United Fans group thing a decade ago or something like that.

0:47.6

Yeah, so it's something like when we were young. When we were young, neither of us young and we now

0:52.0

no longer live in the same country,

0:54.0

they learn the same city. But you know, what is old is new again, isn't it? And looking at United

0:59.2

Finances, as much changed in this past decade, It's got bigger but so as the debt apparently

1:07.2

amazing stuff. Yeah actually the debt hasn't I mean the debt hasn't gone up much in the last decade but it certainly hasn't gone down.

1:14.0

It's there it's like death and taxes it's always with us and it's still sitting there

1:18.9

costing all this all this money every single year.

1:21.6

For all the pontificating about hour when they sell

1:24.0

our shares or the paste and down some of that debt? Just looking the the recent

1:28.1

is accounts it was 596 million gross minus the cash yes 500 million pounds a debt. ÂŁ5 million of

1:34.0

million of debt lovely stuff that yeah

1:37.0

yeah and it's it's part of the way they run the club obviously they've decided that this is a tolerable amount for them and they're happy to run with it.

1:45.3

And I suppose that hasn't really mattered for the last few years.

1:49.3

It hasn't been the problem.

1:50.5

But it could well be, it could be well be the problem this summer because as everyone knows they

1:55.3

need to to massively rebuild the squad then they need to rebuild the stadium and you do wonder

2:01.3

where the money for all that's going to come from.

2:03.4

Well, this interesting Joel Glazer has been at the Fans Forum a few times

2:07.2

since last summer's postponement against Liverpool.

...

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