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| MANCHESTER, England -- The wall of fame of Manchester United managers still informs Old Trafford visitors that a "new chapter has begun" under David Moyes. In reality, it was a short, painful chapter in United history that will cost around $90 million, the club disclosed on Wednesday. Although the museum display hasnt been updated, its been more than four months since Moyes was fired before completing a season as Alex Fergusons successor. The task of restoring the former glories is with Louis van Gaal, and the club told investors on Wednesday that the former Netherlands manager needs to deliver a top-three finish in the English Premier League. United executive vice chairman Ed Woodward is certain Van Gaal, who won titles with Ajax, Barcelona and Bayern Munich, has begun to reinvigorate the club. "The 2013-14 season was a very challenging and disappointing one," Woodward said. "But under Louis there is a real feeling at the training ground that we are at the start of something special. We are very excited about the future." After 26 years under Ferguson, there have been two new chapters in a year. Still searching for his first win after four matches in charge, this manager has to get it right. In its annual financial results, United said it cost 5.2 million pounds ($8.4 million) in compensation to fire Moyes and some of his coaching staff after just 10 months in charge. United, which is owned by the Glazer family and listed on the New York Stock Exchange, remains a commercial juggernaut, with 2013-14 revenue up 19 per cent to a club record 433.2 million pounds ($699 million). But the failure to qualify for Europe under Moyes by finishing seventh has led United to forecast revenue in 2014-15 to drop by 10 per cent -- around $80 million -- to as low as 385 million pounds ($619 million). "Our budgets assume a third-placed finish," Woodward said. Underlying profit is also forecast to drop from 130.1 million pounds ($210 million) to between 90 to 95 million pounds ($145 to $153 million), although the debt which angered fans after the 2005 Glazers takeover has fallen to 341.8 million pounds ($551 million). But the 20-time English champions have been spending heavily in a bid to arrest the decline, reinvesting the sponsorship revenue, which soared by 50 per cent to 135.8 million pounds ($219 million) in the year to June 30. The accounts show 78.9 million pounds ($127 million) spent on players, including the signing of Juan Mata in January for 37.1 million pounds (then $61 million). The wage bill rose by almost 20 per cent to 214.8 million pounds ($345 million). Since the end of the financial year, United has spent more than $200 million, including a British record fee of 59.7 million pounds ($99 million) to sign Argentina midfielder Angel Di Maria from Real Madrid in an attempt to improve Uniteds position. Despite the investment in foreign talent and sale of academy graduates -- including striker Danny Welbeck to Arsenal -- assistant manager Ryan Giggs said the club remains committed to youth development. At least one homegrown player has featured in every United matchday squad since 1937 -- a statistic that covered Giggs before he retired from playing this year. "The club will never change. The history of the club is to play exciting football, always give youngsters a chance," Giggs said at the SoccerEx conference in Manchester. "Danny has left, which is obviously disappointing because you never want to see a homegrown player leave ... but we have got to make sure young players come through because United fans demand it." But there will soon be further sponsorship cash to spend on transfers. Next years accounts will reflect the start of the seven-year $559 million shirt sponsorship with Chevrolet, but an Adidas kit deal, worth potentially 75 million pounds ($121 million) a year, doesnt start until 2015-16. "Commercially, we continue to go from strength to strength," Woodward said. Cheap Authentic NFL Jerseys .com) - The NBA will be on display overseas Thursday with the New York Knicks taking on the Milwaukee Bucks at O2 Arena in London. Jerseys NFL Wholesale .C., won gold in the womens 200-metre backstroke, and Dominique Bouchard of North Bay, Ont. http://www.cheapauthenticnfljerseys.net/ . Five years ago, Nestor and Zimonjic beat the American twins to win the title. But the Bryans, the worlds top-ranked team, needed 74 minutes to earn the victory Saturday as both Nestor and Zimonjic lost serve in the second set. Cheap NFL Jerseys .com) - Cleveland Cavaliers superstar LeBron James will sit out Thursdays game against the Oklahoma City Thunder with left knee soreness. Cheap China Jerseys . Manager Alex Ferguson says the injury was sustained while the player tried to hit a volley toward the end of training on Tuesday.Whered they play? Oakland-Alameda County Coliseum ArenaWhen they were active? 1967-76Playoff appearances: 2Stanley Cup Victories: 0Teams overall record: 698 GP - 182 W - 401 L - 115 T (.343 winning percentage)Most goals: Joey Johnston 84Most assists: Ted Hampson 123Most points – Joey Johnston 185Notable players: Reggie Leach (1971-74), Joey Johnston (1971-75), Ted Hampson (1967-71), Bill Hicke (1967-71), Carol Vadnais (1968-72), Gilles Meloche (1971-76).Best jersey: 1967 California Seals home jersey(Image via Game Worn Auctions)Worst jersey: 1974-76 road jerseys(Image via Bleacher Report)Why the Golden Seals?The team was initially called the San Francisco Seals in the WHL and changed to the California Seals when they entered the NHL. The team changed its name to the Oakland Seals in an attempt to be marketed better in the Oakland area. The team changed its name again under new ownership with two games already completed in the 1970 season to the California Golden Seals because California is known as the Golden State.Best goalie mask:Goaltender Gary Simmons wore this sweet black mask with a cobra down the middle.(Image via Third String Goalie)Worst trade:Montreal Canadiens general manager Sam Pollock convinced Golden Seals owner Charlie Finley to trade the first-overall pick in the 1971 NHL amateur draft and Francois Lacombe in return for Montreals 1970 first-round pick aand Ernie Hicke.dddddddddddd The Canadiens would draft legend Guy LaFleur with that pick, while the Golden Seals drafted Chris Oddleifson who never suited up with the Golden Seals. Ill let you figure out who won that one.Best unibrow: Rick Hampton had a unibrow that could easily be interchanged with his moustache. Its an incredible look.(Image via Blue Print Hockey)Best fight: Hampton must have been a heart and soul player because watch the man with the golden unibrow get into a spirited tilt against the Bruins.Mascot: Sparky The Seal(Image via Good Old Hockey Shirts)Inside look: Take a look at their former coach Vic Stasuk try to inspire his group. Its a cool video.Did you know?Despite the poor attendance, the team had many loyal fans. In fact, they had a booster club that existed long after the team moved to Cleveland. This is a good video as well to get perspective on Seals fans in general.Last game: April 4, 1976. The Golden Seals beat the Los Angeles Kings 5-2.Captain: Jim Neilson and Bob Stewart (co-captains)Whyd the move? Despite improved attendance, ownership wanted to move the struggling team to Cleveland. They got their wish on July 14, 1976 as the league approved the move.Relocated: The team was moved to Cleveland and they became the Cleveland Barons.Previous #TBTs:Atlanta ThrashersHartford Whalers(Stats and info from HockeyDB and Litter Box Cats) Cheap Jerseys China NFL Jerseys Cheap NBA Jerseys Wholesale NHL Jerseys Wholesale MLB Jerseys Cheap Soccer Jerseys China Wholesale NCAA Jerseys Wholesale Football Jerseys Wholesale Basketball Jerseys Wholesale Baseball Jerseys ' ' ' |
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