Manchester United Thread

[UnitedWarrior93]

Hope we belt the s**t out of them on the weekend.

Would be nice, although I think it’ll be another close tussle. Ideally need 6pts from the next 2 games.

Would also be nice if we could bury some chances for once.

 

[Crimson King]

Fred's had his one disasterclass game out of his system now. Should be reliable for next few games now.

 

[Memphis]

Would be nice, although I think it’ll be another close tussle. Ideally need 6pts from the next 2 games.

Would also be nice if we could bury some chances for once.

Before creating was the problem not finishing, now it’s the other way around fml this team.

 

[Crimson King]

Sounds like Ratcliffe wants to take out loans to cover our debt. No thanks. Same s**t, different approach.

 

[RPCB]

Sounds like Ratcliffe wants to take out loans to cover our debt. No thanks. Same s**t, different approach.

 

[Crimson King]

It will be INEOS' debt but money will be coming out from us to help pay it off. If he can guarantee it won't, then ok, but this sounds like just another version of Glazer takeover with a different approach tbh.

 

[Bojan KantKick]

 

[Bojan KantKick]

It will be INEOS' debt but money will be coming out from us to help pay it off. If he can guarantee it won't, then ok, but this sounds like just another version of Glazer takeover with a different approach tbh.

Why would it? Look at their last financial report and see if they need to get money off United for debt servicing.

 

[pantskyle]

Is that any different to what Leicesters owner did? Wipes it from the club, the club would be debt free.

 

[RPCB]

When James gets to the INEOS part of the video, he explains the whole transferring of the debt to INEOS really well. I am fully on board with INEOS now.

 

[11kgm]

My arsehole puckers when i hear the word Man Utd and Debt

I am hoping it won't be Glazers 2.0 and i know it's different

Only thing is he goes 6 bill, Qatari's go 8 we are going to Qatari Baby

 

[Jeremias]

Radcliffe is a long-time fan of the club, isn’t he?

I haven’t looked into the details of his bid but I refuse to believe an English fan would treat the club as the Glazers have.

 

[eth-dog]

The cycling fan in me hates this, but it's a very good thing for the club.

 

[pantskyle]

Radcliffe is a long-time fan of the club, isn’t he?

I haven’t looked into the details of his bid but I refuse to believe an English fan would treat the club as the Glazers have.

Yep, recently tried to buy Chelsea as wanted to get into club ownership and the Glazers weren't selling.

 

[Crimson King]

Why would it? Look at their last financial report and see if they need to get money off United for debt servicing.

INEOS aren’t running a charity, tho. They will want a return on the investment or else just simply taking on more debt is a risk. This is not being done out of the goodness of their heart.

In addition, they will need more loans to spend a heck tonne on the infrastructure upgrades required and possibly even investment in the team which is alot of money outgoing in a certain period of time. They’ll want to recoup that and pay off the current debt of the club and future debt of buying the club. It’s got the potential to handicap us again going forward.

If they can make it work where we are kept debt free and our revenue is used for our investment only, then superb, but I can't see it being the case, tbh.

 

[manureid]

As soon as a potential owner is scrabbling around for loans and other investors the alarm bells start ringing

 

[Bojan KantKick]

INEOS aren’t running a charity, tho. They will want a return on the investment or else just simply taking on more debt is a risk. This is not being done out of the goodness of their heart.

In addition, they will need more loans to spend a * tonne on the infrastructure upgrades required and possibly even investment in the team which is alot of money outgoing in a certain period of time. They’ll want to recoup that and pay off the current debt of the club and future debt of buying the club. It’s got the potential to handicap us again going forward.

If they can make it work where we are kept debt free and our revenue is used for our investment only, then superb, but I can't see it being the case, tbh.

INEOS will make their money on United as an investment through capital growth. INEOS had £3.6B EBITDA in the 2021 financial year and £2.1B NPAT. Loan servicing is not an issue for them.

I don't know what they will do with the stadium but the Spurs arrangement is pretty good. £30m per annum in repayments over 25 years. Easy even in our name.

 

[Crimson King]

INEOS will make their money on United as an investment through capital growth.

This is still a risk, tho. Absorbing a heckton of debt + high interest payments for x amount of time for nothing guaranteed in return. Could prove to be an absolute master-stroke or a complete disaster.

I guess we need more communication from him around this if he is indeed successful. What his exact plans are around this financing, etc as atm, everything is just a guess.

 

[Bojan KantKick]

This is still a risk, tho. Absorbing a *ton of debt + high interest payments for x amount of time for nothing guaranteed in return. Could prove to be an absolute master-stroke or a complete disaster.

I guess we need more communication from him around this if he is indeed successful. What his exact plans are around this financing, etc as atm, everything is just a guess.

This will come in time to be fair. He has mentioned in the past that he wouldn't be taking dividends out

 

[Bojan KantKick]

Just got an assist too

 

[pantskyle]

Glazers are being dogs apparently, still wanting minority sale.

 

[UnitedWarrior93]

Glazers are being dogs apparently, still wanting minority sale.

Their family is split isn’t it? Some want a full sale, some still want part ownership.

If in any way they remain though, fans are going to go ballistic.

 

[A Bit High]

Glazers are being dogs apparently, still wanting minority sale.

They know ETH is the right man for the job and can smell $$ ...oh I mean success not being as far away as once thought.

 

[UnitedWarrior93]

Some great results for us overnight.

 

[pantskyle]

Some great results for us overnight.

Can we take advantage though.