Frankly I think that is a tad simplistic. If I'm not mistaken, about 50 percent of the club's revenues go towards the players' salaries. A great deal of the club's asset value would also depend on the players (besides OT itself, of course). If United stops doing well, the PLC won't be as profitable. So any good chief executive must make his chief priority to ensure that United continue to produce on the pitch. To be fair to Kenyon, he did his fair share to ensure that.
If United WEREN'T generating revenue through toothpaste and what-not, it would STILL have to offer returns to shareholders, which would probably mean cutting back on the budget for player salaries and other footballing costs. Look what is happening at Leeds. So we should thank our lucky stars that the PLC can make all this money from bibs and schoolbags and other odds and ends, because that means there is enough money to satisfy the players (and therefore the real football fans) and also the shareholders. Let's not kid ourselves that football ISN'T big business. It is. And we happen to support the club that is not only the best on the pitch, but also on the stock market and at the cash register. On Tuesday, September 9, 2003, at 06:35 pm, euro68red99 wrote: > --- In [EMAIL PROTECTED], "Browne, Paul" <[EMAIL PROTECTED]> wrote: >> My mate has a tube of that stuff...........every time i see it it > makes me >> smile. >> As does his kids bibs, schoolbags, forks, plates etc etc etc etc >> Any branded 'red' contraception devices??...fred the head???? > > 'Fred the Head' rubbers, LOL..... > Maybe so, but putting the logo on everyday items that have NO > relevance to football whatsoever is taking the piss a bit, dontcha > think? It only adds fire to the ABU's constant shouting that fans of > this great club are just band-wagoners or johnny-come-latelys (oops, > there's Fred's new device again!!) because the public is being > bainwashed into "Manchester United Designer Evrerything, plc" instead > of "Manchester United Football Club". > There was a thread a couple of years ago stating the displeasure of > the plc's decision to take "Football Club" off the official club > badge. That deed opened up potential for more profits for those who > are associated with the club for financial gain alone. The sale of > these household products smacks of greed, and the profits have > NOTHING to do with the club, they are for the shareholders and non- > fans. > -Pete > > > ------------------------ Yahoo! Groups Sponsor > ---------------------~--> > Buy Ink Cartridges or Refill Kits for Your HP, Epson, Canon or Lexmark > Printer at Myinks.com. Free s/h on orders $50 or more to the US & > Canada. http://www.c1tracking.com/l.asp?cid=5511 > http://us.click.yahoo.com/l.m7sD/LIdGAA/qnsNAA/GtUolB/TM > --------------------------------------------------------------------- > ~-> > > Subscription info WWW http://red11.org/list > > Reply to: [EMAIL PROTECTED] > [EMAIL PROTECTED] = subscribe to the list. > [EMAIL PROTECTED] = unsubscribe from the list. > Post message [EMAIL PROTECTED] > > > Your use of Yahoo! Groups is subject to > http://docs.yahoo.com/info/terms/ > > > ------- christopher sj ong (yellowhand) e-mail : [EMAIL PROTECTED] blog : http://osj.livejournal.com/ ------------------------ Yahoo! Groups Sponsor ---------------------~--> Buy Ink Cartridges or Refill Kits for Your HP, Epson, Canon or Lexmark Printer at Myinks.com. Free s/h on orders $50 or more to the US & Canada. http://www.c1tracking.com/l.asp?cid=5511 http://us.click.yahoo.com/l.m7sD/LIdGAA/qnsNAA/GtUolB/TM ---------------------------------------------------------------------~-> Subscription info WWW http://red11.org/list Reply to: [EMAIL PROTECTED] [EMAIL PROTECTED] = subscribe to the list. [EMAIL PROTECTED] = unsubscribe from the list. Post message [EMAIL PROTECTED] Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
