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1、曼联阿森纳财政状况分析（AnanalysisofthefinancialsituationofManchesterUnitedandArsenal）ManchesterUnited'sfinancialanalysis:recordlossesbehindhugeprofitsBackgroundnews:LocaltimeonOctober8thnoon,PremierLeagueManchesterUnitedClubofficiallyannouncedthatbyJune30,2010,theclublastyear'soperatin
2、gprofitreachedanunprecedentedonehundredmillionpounds.CEOGilsaid:"theclub'srecordsalesandrecordoperatingprofitsthatwehaveachievedgoodresultsintermsoffinance,theclubwillcontinuetomaintaintheteam'sinvestment,andmaketheteamisstillintheforefrontofworldfootball."However,theBritish
3、mediasaidthatduetotheGlazerfamilyowehugedebtcausedbythehighinterestrate,theUnitedStateslastyear,theoverallfinanciallossisstill,thelossamountedto83million600thousandpounds.Onthefaceofit,ManchesterUnited'sannualearningswereterrible.Afteradisappointingseason,togetherwithavariet
4、yofexpensiveandcomplexdebts,theyrecordedarecordlossof83million600thousandpounds.Butbehindthenumbers,ManchesterUnited'sfinancialperformanceisoneofthestrongestinthepremierleague.Intermsofcluboperations,wecallitEBITDAintermsofinterest,taxes,depreciationandamortization-Mancheste
5、rUnitedcreatescashprofitsof108millionpounds,morethan8million700thousandpoundsin2009.AlthoughthelastseasonintheChampionsLeaguequarterfinalswaseliminated,theLeaguealsocameafterChelsearankedsecond,United'sincomeisincreased.Intermsofgold,ManchesterUnitedwillneverbeaproblem,Manch
6、esterUnitedunderGlazer,butmoresuccessful,ofcourse,somepeoplewillsaythatthispartisattributedtothepriceoftheticket.ManchesterUnited'squestioniswheretheteamspendstheirmoney.Glazer'sopponentsallsaidthatmoneywastakenandthedebtwasowedwhenbuyingtheteamin2005.Yes,ManchesterUnited'sm
7、orethan100millionprofitisstill83million600thousandloss,becauseofthedebtrepayment.Firstofall,42million300thousandinterest.InFebruarythisyear,ManchesterUnitedissued500millionpoundsofbondsfordebtrepayment,therepaymentperiodis2017.Thisisdonetofilltheholeintheclub'sinterestpaymen
8、tsforalongtime,soastoensurethestabilityoftheclub'sfinances.Ofcourse,thisisf
