No Question About That - a Manchester United podcast27 Mai

United Inc: Third Quarter Results

#1009 | Ed and Jamie review United’s Q3 financial results, noting slightly better-than-expected revenue, improved operating profit versus last year’s loss, and a wage bill at its lowest share of revenue in about a decade, alongside raised guidance. However, United face weak liquidity - around £60m cash- with the revolver credit up to £260m, ongoing outflows for historic transfer fees, and the continuing constraint this places on squad rebuilding. There’s a discussion around the confirmed costs of hiring and firing Amorim (£16.7m compensation plus a £5.2m write-off), the need to refinance roughly £750m of debt amid uncertain interest rates, limited progress on the new stadium, and a Betway training kit deal reported at £20m per year. Player sales continue to be important! 00:00 Introduction and Q3 Headlines 02:11 Financial Results Deep Dive 07:11 Cash, Debt and Transfer Budget 12:51 Carrick and Summer Strategy 16:37 Amorim Compensation Costs 19:37 Debt Refinancing and Stadium Update 26:47 Sponsorship: Betway, DXC 31:53 Player Trading If you are interested in supporting the show and accessing a weekly exclusive bonus episode, check out our Patreon page or subscribe on Apple Podcasts. Supporter funded episodes are ad-free. NQAT is available on all podcast apps and in video on YouTube. Hit that subscribe button, leave a rating and write a review on Apple or Spotify. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Episoder(1027)

United Inc: Stadium Financing Options

#1022 | Ed and Jamie discuss United’s Old Trafford redevelopment plans, with the development corporation report into the wider area regeneration project published this week. We go through the likely ...

12 Jul 44min

Santos Signs

#1021 | Ed and Dan discuss United’s expected £50m signing of Andrey Santos from Chelsea, weighing fan reactions, Santos’ strengths, and questions about his best role in the team. But the broader mid...

10 Jul 52min

Transfer Market Freakout

#1020 | Ed and Dominic discuss Spurs spending close to £100m on Sandro Tonali and £85m on Matheus Fernandes, triggering online Manchester United fan panic, while United’s only move to date is the deal...

2 Jul 55min

The Tactics Show: World Cup Trends

#1019 | Ed and Dharnish review the World Cup group stage through a tactical lens and preview the knockout stages. There’s England’s surprisingly slow play, lack of central connection, and concerns aro...

30 Jun 54min

New Trafford Moves a Step Closer

#1018 | Ed and Dan on United's step towards a new Old Trafford after the club bought 25 acres next door. Should United move? And if it's inevitable, can the club keep its history and avoid another con...

26 Jun 1h 2min

United Inc: Refinancing Explained

#1017 | It might be the World Cup, but Ed and Jamie talk football finance with Manchester United refinancing $425m of bonds - replacing them with a $550m private placement. Gross annual interest is up...

19 Jun 51min

Rashford Redemption Arc

#1016 | Ed and Wayne talk about England's win over Croatia, in which a wobbly first half was followed by a much stronger second. Tuchel’s substitutions, a standout performance from Jude Bellingham, an...

18 Jun 53min

World Cup Preview Part 2: The United Storylines

#1015 | Ed and Dharnish continue the World Cup preview, working through the groups with the United-related storylines front and centre. There are players, past and present, in across the World Cup gr...

10 Jun 58min