Ashley Cope

@acbrands

[Chris Kamara @chris_kammy]

Shed a lot of tears today 😢 but @SkyAdamSmith kicked me off with his lovely tribute

[Ring Magazine @ringmagazine]

"There is, and only ever will be, one Ricky Hatton."

Boxing commentator Adam Smith giving an emotional eulogy at Ricky Hatton's funeral today 🎙️

[Ricky Hatton Foundation @HattonFDN]

Today we say our final goodbye to Ricky.
His legacy, kindness, and fighting spirit will live on forever.
Rest in peace, Champ. 🩵

[Ashley Cope @10ashcope10]

@OWS1892 Hiding behind your shades indoors .. be bolder buddy

[HIN News🇬🇧🇺🇸 @HerdImmunity12]

News: " This is about Islamic extremism and Gary Neville doesn't have the balls to call it out for it is...he's a coward and a champagne socialist" - Simon Jordan from @talkSPORT brilliantly and accurately describes the quivering, traitorous acts and sentiments of @SkySports resident communist and part-time football hack, Gary Neville.

[indykaila News @indykaila]

Exclusive @ManUtd news at 5pm

Major news 👀

Big unrest

Stay tuned 👀

[Rio Ferdinand @rioferdy5]

After 5 games
Playing Arsenal/City/Chelsea
Are we satisfied with 7 points???

#MUFC

[IFL TV @IFLTV]

One of the greatest nights in British boxing history.

You'll never be forgotten Ricky 🩵

[Sky Sports Boxing @SkySportsBoxing]

Former world boxing champion Ricky Hatton has died at the age of 46.

[Chris Eubank Jr @ChrisEubankJr]

Rest in Peace Mr Ricky Hatton. We salute you 🫡

[Matchroom Boxing @MatchroomBoxing]

Matchroom Boxing is saddened to hear the news of Ricky Hatton's passing.

Our thoughts and condolences are with Ricky’s friends and family at this tragic time.

There's only one Ricky Hatton 🙏

[David Ornstein @David_Ornstein]

🚨 EXCLUSIVE: Manchester United reach total agreement with Royal Antwerp to sign Senne Lammens. Deal for 23yo #RoyalAntwerp goalkeeper worth €21m + add-ons. No sell-on. 5yr terms. Belgium int’l flying in to complete #MUFC #DeadlineDay move @TheAthleticFC https://t.co/8GNsRvaqMF

[Fabrizio Romano @FabrizioRomano]

🚨🟣🔵 BREAKING: Jadon Sancho to Aston Villa, here we go! Deal in place on initial loan from Manchester United.

Green light from United and deal being sealed with formal steps to follow next.

Sancho will join #AVFC. 🏴󠁧󠁢󠁥󠁮󠁧󠁿

[Ashley Cope @10ashcope10]

Great job blowing smoke @GaryLineker and taking the time to gloat about your past.. Move on mate you're relevant, calm down.

Rashford stunk the place out a OT for more than one season - there's no excuse for lack of effort.

So glad you're in Spain @MarcusRashford..Stay there

[Manchester United @ManUtd]

Take a look inside a refreshed Carrington, where Ruben's reinvigorated Reds strive for success 📈🔴

[UnitedMuppetiers @Muppetiers]

That wraps up pre-season! Some rough years we've had, but really feel United are finally on the right track. A member of our community has been working on this awesome video, wanted to share now... Produced and Edited by @Manster415

[Fabrizio Romano @FabrizioRomano]

🚨⏳ Manchester United and RB Leipzig, in direct talks again to adjust fee package and add-ons, trying to get it done ASAP.

Follows Šeško’s decision to join #MUFC as revealed last night with personal terms agreed.

Šeško will train separately until deal is done… ready to fly ✈️

[The Swedish Rumble 🔰 @SwedishRumble]

Cunha, Mbuemo and (potentially) Sesko -- what is United's FFP position?
Going by the information put out there by the Glazer regime before Ineos took over -- MUFC ought to be prevented from spending this summer due to FFP rules. In other words, if we had FFP issues when we played in the Champions League in 23/24 -- we ought to have big problems now when we aren't even in Europe, right?

But as I said back then, we didn't have any FFP issues, it was just smoke and mirrors. Everyone knows that this is what the Glazers are about. And it is frustrating that it wasn't only fans kept in the dark -- we also had a manager saying 'I went to them and asked, and they told me that we couldn't do anything due to FFP'. No wonder they wanted bankers in charge and not football people.

Manchester United and PSR
This is a complete break-down of United's FFP position. To explain it: Each season a club must calculate a -- result -- for PSR purposes. This result is basically income minus expenses PLUS healthy costs. United gets to add back around £40-45m to its PSR result each year since we invest a lot in women's football, the academy and charity. Costs related to fascilities can also be added back. So even when the listed parent company makes a big loss -- it doesn't necessarily mean that we have a negative PSR result.

In the summer of 2022 -- things didn't look great. Our PSR result was minus 84,914 k£ (basically £85m), and it can be minus £105m.

After 30 June 2023, i.e. from the time we entered the summer of 2023 -- MUFC has not had any issues whatsoever with PSR.

When trying to establish how much we can spend -- it must be remembered that UEFA also has FFP rules that gradually has entered into force the last 2 years. These rules do -- not -- apply to us since we aren't in Europe next season. But under only PSR, i.e. if we never counted on going back to Europe again, we could spend around 290m more this summer.

Not ever getting back into Europe is of course not the plan. The main new UEFA rule is the Squad Cost Rule. Basically -- the cost for players and managers (wages and amortization) cannot be more than 70% of our income. Under this rule -- we could spend app. 112m more this summer, and still not get into problem during the spring/summer of 2027. But this is looking at it very very cautiously, because Rashford and Antony's wages are still on the books and it "only" estimates player sales of 30m on avg this and next summer.
So does this mean that United will spend another 100m?
This is just what we are -- allowed -- to spend. To spend, you got to have money. Using an extreme example -- Swindon FC was in the Premier League in 93/94 when there was no FFP rules. This means that Swindon FC was "allowed" to spend 10 billion pounds on new players. Instead they spent around 2 millions, because they didn't have more money than that to spend.

Manchester United could easily borrow 300m and spend it all on new players. But United is already so much in debt that the owners must do something about it, if a new stadium ever is to be built. If United is to spend more money on players, the owners will eventually have to pick up the tab for it. So for United to spend more on transfers -- it is basically up to Ineos and the Glazers to sanction it. The Board of Directors has to agree to the club loaning more money, and the Glazers control the board. The club could also issue more shares -- but this is also controlled by the Glazers ultimately.