Manchester United executives and owners ring the opening bell at the NY Stock Exchange

Will Ferguson’s retirement affect United’s finances?

1 Comment

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.

La Liga roundup: Barcelona, Atleti, Real Madrid separated by one point

Barcelona's Ivan Rakitic, left, celebrates with teammate Jordi Alba, second left, after scoring against Betis during their La Liga soccer match at the Benito Villamarin stadium, in Seville, Spain on Saturday, April. 30, 2016. (AP Photo/Angel Fernandez)
AP Photo/Angel Fernandez
Leave a comment

A roundup of the weekend’s action in Spain’s top flight…

[ FOLLOW: All of PST’s La Liga coverage ]

Real Betis 0-2 Barcelona

Barcelona wobbled; they stumbled; they even went down to one knee so as to avoid being knocked out a couple weeks ago. From nine points ahead with fewer than 10 games remaining in the season, to suddenly level on points with Atletico Madrid, the season was slipping away, and in stepped Luis Suarez with back-to-back four-goal games to end a three-game losing streak, followed by Saturday’s 2-0 away triumph over Real Betis.

Ivan Rakitic (50th minute) and Suarez (81st minute – 35 league goals, 15 assists) provided the goals for Luis Enrique’s side with absolutely zero margin for error between now and the end of the season two weeks down the road. The math is simple: if Barca win their remaining two games, they’ll be crowned champions for a second consecutive season, all thanks due to their obscene goal differential.

Atletico Madrid 1-0 Rayo Vallecano

How much longer can Atleti keep hold of Antoine Griezmann, Los Rojiblancos‘ brilliant talisman for the last two seasons (43 goals, 6 assists combined)? Still just 25 years old, the Frenchman is a surefire top-10 player in the world right now, and will surely be the subject interest from Europe’s freest-spending clubs once again this summer.

Griezmann bagged the only goal in Atleti’s 1-0 home victory over Rayo Vallecano on Sunday, keeping the Spanish capital’s “other” side level on points with Barca. It was a stunning strike that, in a just world, would wipe away 10 or 15 of Barca’s 31-goal advantage in the goal-differential column.

Real Sociedad 0-1 Real Madrid

“Hey! Hey, guys! Don’t forget about us!” It must be so difficult to be a Real Madrid fan right now, what with Barca and Atleti currently sitting first and second, and everyone seemingly forgetting about Los Blancos and the fact they’re a measly point behind their two most hated rivals. Sure, it’ll require a fatal slip-up by both of the sides ahead of them, but stranger things have happened.

Saturday’s 1-0 victory away to Real Sociedad saw Zinedine Zidane push his record as first-team manager of Madrid to 15W-2D-1L in league play (47 points – best in La Liga during that period). With Cristiano Ronaldo and Karim Benzema once again out injured, Gareth Bale scored the game’s only goal with fewer than a dozen minutes remaining in regular time.

Team GP W D L GF GA GD Home Away PTS
Barcelona 36 27 4 5 104 29 75 15-1-2 12-3-3 85
Atlético Madrid 36 27 4 5 60 16 44 14-3-1 13-1-4 85
Real Madrid 36 26 6 4 105 32 73 15-1-2 11-5-2 84

Elsewhere in La Liga

Valencia vs. Villarreal (ongoing)
Athletic Bilbao 2-1 Celta Vigo
Espanyol 1-0 Sevilla
Granada 3-2 Las Palmas
Deportiov La Coruña 0-2 Getafe
Sporting Gijon 2-0 Eibar

Fan at Turkish soccer game invades pitch, gets kicked in the face by a player

Screen Shot 2016-05-01 at 2.26.50 PM
Getty Images
Leave a comment

A fan at a game in the second tier of Turkish soccer found out the hard way why it’s a bad idea to run onto the field and cause trouble.

In the second half of Saturday’s matchup between 2nd placed Karabukspor and 6th placed Elazigspor, a number of fans ran onto the field. In the fracas, one of the pitch invaders ran at the referee and threw something at him. In response, as the usher tries to grab the fan, a player comes in and throws a flying kung-fu kick to the fan’s face. The kick ends up catching him in the face, and there’s some collateral damage as the usher takes a bit of the attack as well.

The “weapon” the fan possesses appears to be a wooden spoon, and he has two of them (seriously? who has not one but two wooden spoons at a soccer game?). He throws the first at the ref – which misses – and then in an attempt to defend himself, he throws the second at the player, which connects mid-kick.

Turkish soccer has struggled to prevent fans and players from interacting violently. Last week, a top flight match between Trabzonspor and Fenerbahce – two big clubs in Turkish soccer – was abandoned in injury time when a fan brutally attacked a referee.

VIDEO: Louis van Gaal has animated post-match reaction to Fellaini incident vs. Leicester City

1 Comment

Louis Van Gaal has his own, very unique style in describing big moments in matches. Geoff Shreeves surely knows this each and every time he goes to interview the Manchester United boss.

And yet, he continues to show us something new each and every time.

During the first half of Manchester United’s match with Leicester City at Old Trafford on Sunday, Marouane Fellaini and Robert Huth had a confrontation during a corner. Replays showed that Huth grabbed Fellaini’s hair at the same time the Belgian threw an elbow at the Leicester defender. Van Gaal was obviously focused on Huth’s misgivings.

[ RECAP: Leicester City guts out 1-1 draw at Old Trafford, can win Premier League on Monday ]

In an attempt to convey his feelings, Van Gaal grabbed Shreeves’ hair, saying, “When you see what Huth is doing with Fellaini, that’s a penalty. Shall I grab you with your hair, what is your reaction? Your hair is much shorter than Fellaini’s, but when I do that, what are you doing then?”

It got weirder. Much weirder. Van Gaal continued to say, “I think that’s a normal reaction. Every human being who is grabbed with the hair…only with sex masochism, then it is allowed, but not in other situations.”

Southampton 4-2 Manchester City: Southampton carves up City behind Mane hat-trick, Tadic service

during the Barclays Premier League match between Southampton and Manchester City at St Mary's Stadium on May 1, 2016 in Southampton, England.
Getty Images
Leave a comment

Manchester City clearly had one eye on the Champions League semifinals. It came at the expense of their chances to remain in the competition next year.

The visitors at St. Mary’s had the opportunity to lock up Champions League play next season with all three points, but instead Manuel Pellegrini rested a number of starters including Sergio Aguero and Kevin De Bruyne, and Southampton ripped them apart in a 4-2 win. Saido Mane grabbed a hat-trick and Dusan Tadic had a trio of assists as their attack swarmed a mistake-prone and clearly distracted Manchester City.

Both sides had spells in the opening 20 minutes, but Southampton appeared more dangerous. Shane Long made multiple appearances in front of the Manchester City goal, picking the pocket of Pablo Zabaleta to earn a corner on 15 minutes and shooting just wide of the near post in the 19th minute.

Frasier Forster was required to keep the game scoreless in the 20th minute as Kelechi Iheanacho stole the ball from Virgil van Djik on the touchline and found Raheem Sterling in space inside the box, but his shot was saved expertly by Forster.

[ MORE: Watch full PL match replays ]

It would be the in-form Long to take the lead in the 25th minute on a beautiful bit of play. A fantastic ball over the top of the City defense fell to a streaking Dusan Tadic, and his flick over the top met a sliding Shane Long, who beat Nicolas Otamendi for the opener.

They’d get a second just four minutes later on yet another sweet-looking goal, with Tadic getting yet another assist with a perfectly weighted ball for Saido Mane, who smacked it by Joe Hart from a tight angle.

[ MORE: Latest Premier League standings ]

Southampton continued to press and hold much of the meaningful possession, but Manchester City refused to capitulate, scoring a lifeline before halftime. With the ball in the Southampton penalty area, Cuco Martino saw the ball skip off his thigh and pop into the air, where Iheanacho latched onto it and headed it into the net.

[ MORE: Full lineups, stats, box score ]

It was a tough way for the hosts to go into halftime, as they had dominated much of the first half, but no matter, as they made amends. Following the break, Southampton restored their two-goal lead off a corner in the 57th minute as Van Djik’s header was tipped by Joe Hart off the crossbar. Jose Fonte whiffed at the rebound but Mane was there from point blank range to give Southampton a 3-1 lead.

Mane would complete his hat-trick in the 68th minute. Van Djik won the ball in the Southampton half to start the break, and Tadic picked up his third assist of the match as he slotted Mane through on goal for yet another clinical finish.

Manchester City got another back as Iheanacho bagged his second in the 79th minute with a wonderful curler from outside the box, but it was too little too late for the visitors.

Both teams fought until the final whistle, and it could have cost Jesus Navas his fitness as the Spaniard seemingly picked up a serious limp in the final few minutes.