Will Ferguson’s retirement affect United’s finances?

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As the news about Sir Alex Ferguson’s retirement continues to reverberate around the globe, one area many will be looking at is the stock market.

With Manchester United registered on the New York Stock Exchange, the club was obligated to inform the NYSE about Ferguson’s decision to retire, which ultimately led to the news being leaked earlier than the club expected.

The news was actually announced while US markets were closed, but when trading began in New York this morning the club’s shares fell as much as 4.5%.

Since the Glazer family bought United in a controversial deal back in 2005, the debt laden club have soared to success commercially. The value of the Manchester United brand is approximately $3.17 billion. They should survive, with or without Ferguson.

(More: Ferguson retires, who will take his place at Manchester United?)

However recently there has been a concerted effort by the Glazers to drive down debt, with a bond issue in 2010 raising £500m, and a 10% flotation of the club on the New York Stock Exchange raising some £150m, half of that has gone towards reducing debt.

But with Ferguson on the way out and investors watching intently as to who will replace him, should Manchester United fans worry about future financial problems?

Yes and no. On the plus side, when you scroll through Manchester United’s website no fewer than 33 different sponsors appear and commercial revenue is through the roof.

United recently posted their financial results in sales for the third quarter, a record £91.7m ($143m) was generated through sponsorship deals and Champions League revenue. The clubs debt now stands at $571 million, a lot healthier than the $1.11 billion that rose to in 2009.

(More: Stability key to Ferguson’s success at Old Trafford)

But all those numbers don’t mean much, unless you have a winning team.

The Manchester United brand means winning. It has been associated with that since the early 90s, growing up in England during that time period, it seemed like you couldn’t walk down any High Street in the country without the famous “Glory, glory Man United” song blaring out, a Cantona No. 7 shirt being worn and just about every piece of merchandise you can think of adorning their Red Devil mascot.

Fred the Red, as he’s known, gets everywhere.

Sir Alex Ferguson was the main man behind all the on-field success that drove the financial success. Now he is gone, a replacement who can carry on his work seamlessly and without much upheaval is paramount to United’s success as a soccer team, and as a business. Jose Mourinho would ease concerns for United’s financial backers, while David Moyes in charge could send share prices into a spin, as investors panic about the Scotsman’s lack of experience on Europe’s biggest stage.

(More: Moyes to replace Ferguson in next few days?)

We can’t judge United’s commercial success over the next few years. But in 2022 we may look back and point to May 8, 2013, as the day the Manchester United brand started to go downhill.

But with Ferguson’s new role as both a director and ambassador for the club, that’s unlikely to happen. He helped build this club up, almost doubling the capacity of Old Trafford and spreading the club from the red half of Manchester to the far flung corners of the globe.

One final number. In the 1992-93 season Manchester United’s revenue was £25.2 million. During the 2011-12 season, it stood at  £320.3 million. Safe to say that Ferguson has left United in a much better position than when he arrived at Old Trafford in 1986.

Now it’s up to the new guy to carry on his good work.

Reports: LA Galaxy trades Gyasi Zardes to Columbus for Ola Kamara

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According to a reports by the LA Times and by ESPN, the LA Galaxy have traded US international Gyasi Zardes along with allocation money to the Columbus Crew for striker Ola Kamara.

Both reports state that Columbus will receive $400,000 in guaranteed allocation money in the deal, plus another $100,000 should Kamara score 12 goals next season to trigger the incentive.

Zardes was once a force along the wing for Bruce Arena and the Galaxy, but the 26-year-old has declined heavily in the last two seasons as injuries and poor form have held him to just eight goals over the last two seasons, including just two last campaign. Meanwhile, Kamara has been a star for Columbus in his first two years in Major League Soccer, scoring 16 goals in 2016 before netting another 18 last season, leaving him third in the league in goals scored over those two seasons.

The LA Times report states that Kamara will earn a new contract after the trade, giving him a raise over his current $482,500 yearly salary.

Zardes is an interesting case who shouldn’t be given up on just yet. A homegrown player for the Galaxy, he scored 17 goals in the 2014 season, including on in the MLS Cup Finals as the Galaxy won it all. He earned a seemingly permanent place on the USMNT as a result, and has 37 caps to this date. However, his goalscoring form has since evaporated, leaving him with no more than six goals in an MLS season since, and has just six goals in those 37 caps for the national team.

The Galaxy will need to acquire an additional international roster spot in order to activate Kamara for the season opener on March 4th against Portland, as they have filled up their seven spots as of now.

Bruce Arena opens up about USMNT World Cup failure

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Former US Men’s National Team manager Bruce Arena has opened up about the failure of the team to reach the 2018 World Cup, culminating in an embarrassing and humbling 2-1 defeat at Trinidad & Tobago that left the USA on the outside looking in.

During a Q&A session in Philadelphia, Arena takes some blame but also dishes out a lot more, throwing everything from team chemistry, a weak player pool, weak mentality on the field, and even the national team’s communications department for the nightmare scenario that came to fruition in Couva.

“There are a lot of excuses, but at the end of the day you find a way to get off that field with a point,” Arena said to Straus, before laying out all those excuses he referred to. First up? The team chemistry, which was laid bare after injuries to John Brooks, Jordan Morris, and Sebastian Lletget.

“It wasn’t the same team with the right chemistry. It just didn’t seem like everyone was on the same page with the right mentality and the same understanding of what everything was about,” Arena said Friday. “The chemistry of the group wasn’t right. It wasn’t the character you see out of a U.S. team. And the second part, realistically, was that we didn’t have the most talented players and when we had injuries, it hurt us.”

Arena said there were signs of life in June after a win over Trinidad followed by a quality point against Mexico. However, it all came crashing down during a brutal week in early September that ultimately doomed the United States. After a stunning 2-0 loss to Costa Rica, Arena made a whopping seven changes to the starting lineup, none of which worked as a listless USMNT had to scrap and claw for a late equalizer in a 1-1 draw with Honduras. While Arena said the leaders on the team like Michael Bradley and Tim Howard were there when they were needed, “there were a couple of bad eggs like you have on every team. We were well aware of it.”

The 66-year-old blamed the pre-match buildup to the Trinidad & Tobago team as part of the issue, throwing the communications department under the bus for energizing the home side. “Behind the scenes there were mistakes on our part, probably,” Arena said in what began sounding like an admission of guilt. “Our social media, our communications department, sent out everything humiliating the Trinidad federation on the training facility, which was the game field for that day. It got them all fired up and when we kicked off on that day, it was a battle.”

Arena then railed against those who questioned his tactics or player choices after the disaster, saying, “You got some answers for me the day before the game? During the game? I’m listening. Everyone the day after, you’re a bunch of phonies. I don’t want to hear about it the day after. We’re all the best coaches the day after.”

It took everything Arena had to admit he may have played a part in the failure to qualify, and even then, he did so with plenty of restraint. “I accept that responsibility,” Arena said. “That’s why I resigned so quickly. I accepted my responsibility. That’s the way it goes. I don’t feel good about it, but that’s life.”

Michael Carrick to retire after the season, join Man United coaching staff

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Manchester United manager Jose Mourinho announced Friday night that 36-year-old midfielder Michael Carrick will retire after this season and join the Red Devils’ coaching staff.

Carrick has made just one appearance for Manchester United this season, back on September 20th in an EFL Cup match against Burton Albion. He has been on the sidelines recovering since an irregular heartbeat was discovered after he felt “strange” in the second half of that game. However, Carrick has been training with the team since November and Mourinho confirmed he could finish out his career on the pitch.

“[He had] a few months without even training so now he is in his second week of training with the team,” Mourinho said to the media ahead of Manchester United’s match against Burnley on Saturday morning. “He is a very important player for us. I think it is a good decision for the team and a good decision for him to finish playing football and not injured or with some problem.”

Mourinho confirmed that the club has offered him a position on the team’s coaching staff, and that he expects Carrick to accept.

“We are all happy and in the end of the season I expect him to join,” Mourinho said, “unless he changes his mind, but the club would be very happy for him to do that. I would be very happy also for him to do that.”

Carrick has spent his entire career in the city of London. He began his career in the West Ham youth system, making his professional debut in 2005 and spending five years with the Hammers before moving to Tottenham in 2004. He spent two seasons at White Hart Lane before joining Manchester United in the summer of 2006, where he would go on to 460 appearances across all competitions, scoring 23 goals and assisting 36 others. He has won five Premier League titles with Manchester United, as well as a Champions League, an FA Cup, and three League Cups.

Brighton nabs club record signing Jurgen Locadia

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Brighton & Hove Albion have secured a new striker for the stretch run of the Premier League season, signing Jurgen Locadia from PSV Eindhoven for a club record fee.

Locadia cost Brighton $19.3 million, breaking their old transfer record, set just last August when they brought Jose Izqueirdo from Club Brugge, by about $500,000.

The 24-year-old Dutchman has nine goals and six assists this season in 15 Eredivisie appearances for PSV, although he’s missed their last three games reportedly with a hamstring injury. He scored four goals in one game against FC Utretcht back in late September.

“We are delighted to have signed Jurgen, and pleased to welcome him to the club,” said Brighton manager Chris Hughton in the official club release. “He is a player we have been aware of for sometime, and it’s been no secret we have wanted to add a striker of his type. He is a strong, powerful and quick center-forward, with a real eye for goal and will increase our attacking options in the second half of the season.”

Locadia made his Eredivisie debut with PSV in style back in 2012, scoring a hat-trick against VVV Venlo in a 6-0 win. He would go on to score a career-high 13 goals in his first full season in 2013/14, eventually racking up 62 goals for PSV across all competitions in 176 appearances.

A PSV youth product, Locadia has been in the national team picture, riding the bench for a pair of World Cup qualifiers in October, but has not received a cap for the Netherlands. He was in the national youth setup as well, making appearances for the U-17 and U-21 sides.