Topic: Louis Van Gaal was the Manager of Mourinho United

[Ziltoid]

Mata reckons De Gea is calm and relaxed

[Bunter]

Can someone explain this to me in simple terms.
The way I see it:
ManU bought for 59.7m pounds.  At exchange rate of 1.2558, they would have paid 74.97m euros to Real.
They sold for 44.3m pounds. At exchange rate of 1.4415, PSG would have used 63.86m euros to pay that amount.
How is ManU's loss jacking up to 22.5m pounds in this equation ?

Yeah same here, how when the Pound has become a lot stronger since he signed does that equate to them losing more money? Surely with the Euro becoming devalued since then it would work in favour of United?

You are Jamie Jackson and I claim my £5

Wrong thread Jamo

He's an undercover Manc anyway is Redhopper.

[DonkeyWan]

*giggles*

Depay meets up with national team.

[Henry Chinaski]

*giggles*

Depay meets up with national team.

Where's the pan flute?

[Rattleduser]

the size of that propaganda post 

my thoughts are why hang out the back of united when there is plenty to take the piss

[Mouth]

*giggles*

Depay meets up with national team.

How did he get there?

[Phil M]

Some people taking things far too seriously on this page I see. Paragraph abuse.

[cloggypop]

*giggles*

Depay meets up with national team.

The man with no surname.

[thisyearisouryear]

Yeah same here, how when the Pound has become a lot stronger since he signed does that equate to them losing more money? Surely with the Euro becoming devalued since then it would work in favour of United?

Exactly. The article seems completely counterintuitive.

[Crosby Nick]

The man with no surname.

United's front 3 - Depay, Rooney, Fellaini

The Good, The Bad And The ugky

[Phil M]

The man with no surname.

Who ate all De Pays?

[DonkeyWan]

How did he get there?

Heh

[thelinnen]

Guessing this post was typed on this?

[RedHopper]

You are Jamie Jackson and I claim my £5

Wrong thread Jamo

I beg your pardon, this can not be allowed to stand. I demand satisfaction, Pistols at dawn.

Jamie Jackson is a truly terrible journalist. His articles are a mixture of whatever the last person said to him, and cutting and pasting from press releases. His biggest crime I think is that despite this he thinks he is a serious journalist. If I were looking to try and find out what happened, I would pay a lot more attention to Sid Lowe, who does some work for Realmadrid.com. If he's writing an article that gently says that Real madrid are talking incoherent nonsense, then that has a certain amount of value, when trying to figure out what happened.

When trying to pick through something like that though, it's worth having an open mind, and remembering that Man utd aren't the only arsehole club in the world, and that when it comes to batshit insane gobshitery english clubs can't hold a candle to the big spanish clubs. It's always worth remembering that under the surface of serene polished fame and glory, that Barcelona and Real Madrid are seething cauldrons of insanity, and pointless interpersonal fighting, with footballing decisions being made for political or commercial reasons.

I think that we should probably remember that Football journalism is basically those columns you see in newspapers covering Soap Operas, except for men. Jose Mourinho is dirty den,  sam allardyce is phil mitchell, Brendan rodgers is Alfie Moon, alex ferguson is peggy mitchell, er and I suppose that arsene wenger is dot cotton.

[Barneylfc∗]

I'd say Allardyce is more of a Pat Butcher

[4pool]

Can someone explain this to me in simple terms.
The way I see it:
ManU bought for 59.7m pounds.  At exchange rate of 1.2558, they would have paid 74.97m euros to Real.
They sold for 44.3m pounds. At exchange rate of 1.4415, PSG would have used 63.86m euros to pay that amount.
How is ManU's loss jacking up to 22.5m pounds in this equation ?

First off, they lost 15m on the sale. 59.7 - 44.3 = 15.4. I think everyone can agree.

Then because they sold him a year later and the British Pound strengthen against the Euro...what does that mean?

An example:

Let's imagine you write software programs and sell them to customers in America for $100 US Dollars.

Once you have sold a program you want to bring the money back to England. If the exchange rate was $1.05, you would receive about £0.95 for the program. If the exchange rate dropped to .90c you'd end up getting about £1.11. (This doesn't take into account bank charges on the exchange and transaction.)

This is why people who sell their products overseas don't like it when exchange rates rise. Their incomes fall.


So this is why the article shows Man Utd lost and extra £7+ mil in just a year on exchange rates and why the lost £22.5 mil on the sale of ADM.

[thisyearisouryear]

First off, they lost 15m on the sale. 59.7 - 44.3 = 15.4. I think everyone can agree.

Then because they sold him a year later and the British Pound strengthen against the Euro...what does that mean?

An example:

Let's imagine you write software programs and sell them to customers in America for $100 US Dollars.

Once you have sold a program you want to bring the money back to England. If the exchange rate was $1.05, you would receive about £0.95 for the program. If the exchange rate dropped to .90c you'd end up getting about £1.11. (This doesn't take into account bank charges on the exchange and transaction.)

This is why people who sell their products overseas don't like it when exchange rates rise. Their incomes fall.


So this is why the article shows Man Utd lost and extra £7+ mil in just a year on exchange rates and why the lost £22.5 mil on the sale of ADM.

Your theory is right but application is wrong That article has goofed up in their maths. The 7.5 'notional loss' due to exchange rate fluctuation is included in the 15m loss, not over and above it.

One way to understand it is this:

Manu bought an asset last year from real at 59M pounds, which equates to ~75M Euros at 1.25 exchange rate. Now this year they sold the same asset at 44M pounds which translates to 63M euros at current exchange rate (1.44)
Now imagine the exchange rate remained the same then 63M Euros would have translated to 51M pounds (at 1.25 exchange rate) but due the exchange rate they got only 44.3M.
So they lost close to 7M pounds because of exchange rate fluctuation. This took their loss from 8M (59 - 51) to 15M (59 - 44) .. not 15M to 22M...

[RedHopper]

First off, they lost 15m on the sale. 59.7 - 44.3 = 15.4. I think everyone can agree.

Then because they sold him a year later and the British Pound strengthen against the Euro...what does that mean?

An example:

Let's imagine you write software programs and sell them to customers in America for $100 US Dollars.

Once you have sold a program you want to bring the money back to England. If the exchange rate was $1.05, you would receive about £0.95 for the program. If the exchange rate dropped to .90c you'd end up getting about £1.11. (This doesn't take into account bank charges on the exchange and transaction.)

This is why people who sell their products overseas don't like it when exchange rates rise. Their incomes fall.


So this is why the article shows Man Utd lost and extra £7+ mil in just a year on exchange rates and why the lost £22.5 mil on the sale of ADM.

This only way this article makes sense is if PSG paid for Angel Di Maria by driving over a bunch of dumptrucks full of £45 million in cash, but only after they had gone home did everyone discover that underneath a top layer of £10 notes, it was actually €45 million. meaning that they made a second unexpected.  currency loss. They seem to be double counting the money lost due to the change in currency values. If ever I have a large amount of currency I wish to change, I think I may be avoiding these people. If it turns out that man utd went mad in the currency derivative market like Orange county in the eighties or nineties, then grand. But that has nothing to do with the angel di maria transfer.

[Cantona]

First off, they lost 15m on the sale. 59.7 - 44.3 = 15.4. I think everyone can agree.

Then because they sold him a year later and the British Pound strengthen against the Euro...what does that mean?

An example:

Let's imagine you write software programs and sell them to customers in America for $100 US Dollars.

Once you have sold a program you want to bring the money back to England. If the exchange rate was $1.05, you would receive about £0.95 for the program. If the exchange rate dropped to .90c you'd end up getting about £1.11. (This doesn't take into account bank charges on the exchange and transaction.)

This is why people who sell their products overseas don't like it when exchange rates rise. Their incomes fall.


So this is why the article shows Man Utd lost and extra £7+ mil in just a year on exchange rates and why the lost £22.5 mil on the sale of ADM.

Zzzzzzzz boring.




De Gea in our CL squad list, great to see our best player from last season in Europe's top competition with us.

Who's in Liverpool's squad list?

[Johnnyboy1973]

Ha ha, love it.

We're better than Liverpool, nowhere near good enough to do anything of note whether in Europe or domestically, but hey, we're better than Liverpool.

[4pool]

Zzzzzzzz boring.




De Gea in our CL squad list, great to see our best player from last season in Europe's top competition with us.

Who's in Liverpool's squad list?

You'll find out Saturday Sept 12th.

[4pool]

Your theory is right but application is wrong That article has goofed up in their maths. The 7.5 'notional loss' due to exchange rate fluctuation is included in the 15m loss, not over and above it.

One way to understand it is this:

Manu bought an asset last year from real at 59M pounds, which equates to ~75M Euros at 1.25 exchange rate. Now this year they sold the same asset at 44M pounds which translates to 63M euros at current exchange rate (1.44)
Now imagine the exchange rate remained the same then 63M Euros would have translated to 51M pounds (at 1.25 exchange rate) but due the exchange rate they got only 44.3M.
So they lost close to 7M pounds because of exchange rate fluctuation. This took their loss from 8M (59 - 51) to 15M (59 - 44) .. not 15M to 22M...

Yeah well your dead good at maths...

Some like a more simple explanation which comes close enough. 

[thisyearisouryear]

Yeah well your dead good at maths...

Some like a more simple explanation which comes close enough. 

Now you are just yanking my chain

To be fair - technically it is not a goof up in maths per se.
More like they found out that currency movement caused a loss of x pounds and blindly assumed that it is over and above the 15M figure, without understanding how has that loss came about.
Shitty journalism, at its best.

[Phil M]

Zzzzzzzz boring.

Agreed.

[mersey_paradiso]

Zzzzzzzz boring.


De Gea in our CL squad list, great to see our best player from last season in Europe's top competition with us.

Who's in Liverpool's squad list?

[Johns_Barn]

Where's the pan flute?

Where's the pan flute?

[Ziltoid]

[Crosby Nick]

^^^

A giant of the game. Literally.

[RedHopper]

hahaha. That's brilliant. Maybe the cups are far away?

[exiledintheUSA]

Nah, just down the other end of the East Lancs RD, all United fans should come and take a look at what Fergie couldn't do. 

[Ziltoid]

Nah, just down the other end of the East Lancs RD, all United fans should come and take a look at waht Fergie couldn't do. 

 

[thekitkatshuffler]

Money well spent...

[luckyluke]

It's a process...

[Phil M]

[bird_lfc]

must not of been paying attention, I thought Valdes left United months ago?

[HighSix]

must not of been paying attention, I thought Valdes left United months ago?

His move to Turkey broke down after some terms were changed & was not interested in a return to Spain according to Sid Lowe.

[TheTeflonJohn]

Zzzzzzzz boring.




De Gea in our CL squad list, great to see our best player from last season in Europe's top competition with us.

Who's in Liverpool's squad list?

Why is it?

It`s a post on a Liverpool forum taking the piss out of our rivals 

[moondog]

Money well spent...

So Aloysius Paulus Maria "Louis" van Gaal spends 180million more than moyeseh to gain 3 points more across 51 games, 60 mil a point! Even the richest club in the world(tm) surely can't afford that for long.

[Red_Rich]

De Gea in our CL squad list, great to see our best player from last season in Europe's top competition with us.

Yeah, you'll go far in that comp ..... especially with Neymar, Bale and Muller up front.  Haha

See you in February when you join us in the Europa.

[elbow]

It's a process...

Prosesh.....