Owners

Remove this Banner Ad

Log in to remove this ad.

United quarterly earnings are out. The financials are so bad that the Glazers aren't able to pay themselves their semi-annual dividend. Up to £480m of transfer debt alongside £680m of long term debt. The Glazers are forced sellers at this point with no room to move.
 
Bojan KantKick said:
United quarterly earnings are out. The financials are so bad that the Glazers aren't able to pay themselves their semi-annual dividend. Up to £480m of transfer debt alongside £680m of long term debt. The Glazers are forced sellers at this point with no room to move.
Click to expand...

Is Old Traffprd beyond redevelopment? A new stadium would be at least 1 billion. Going to drive the price down surely as a new stadium is a must for a new owner.
 
Zidane98 said:
Is Old Traffprd beyond redevelopment? A new stadium would be at least 1 billion. Going to drive the price down surely as a new stadium is a must for a new owner.
Click to expand...
Old Trafford already has existing plans to redevelop it to a 95,000 seater stadium. New training facilities is also a must. United is a unique product that is very rarely for sale. It will command top dollar and there is a lot of interest in the UK, US and the Middle East.
 
Redevelopment or a brand new stadium, new training facilities and money to continue to improve the squad is a must for the new owners.

The Glazers have absolutely run the club to the ground, ******* parasites.
 
Bojan KantKick said:
Old Trafford already has existing plans to redevelop it to a 95,000 seater stadium. New training facilities is also a must. United is a unique product that is very rarely for sale. It will command top dollar and there is a lot of interest in the UK, US and the Middle East.
Click to expand...

No noise from Asia about potential buyers for LFC & Utd?
 
That's a nice idea but the club is barely solvent as it is and I doubt it could take on any more debt without creditors getting the a-hole and calling it in. They also don't care about the stadium renovation. They already tried to sell a minority share and couldn't. Raine think they can get the full sale done in Q1 for £6-7 billion.
 

(Log in to remove this ad.)

Bojan KantKick said:
That's a nice idea but the club is barely solvent as it is and I doubt it could take on any more debt without creditors getting the a-hole and calling it in. They also don't care about the stadium renovation. They already tried to sell a minority share and couldn't. Raine think they can get the full sale done in Q1 for £6-7 billion.
Click to expand...

So (making assumptions here) only the serious investors of #MUFC want a majority stake/buy the club outright, not interesting in only buying minority stakes?

That's terrible news for Red Devils fans, esp as going by the above tweet, Avram Grant doesn't seem to intend to sell United at all ???
 
Elmer_Judd said:
So (making assumptions here) only the serious investors of #MUFC want a majority stake/buy the club outright, not interesting in only buying minority stakes?

That's terrible news for Red Devils fans, esp as going by the above tweet, Avram Grant doesn't seem to intend to sell United at all ???
Click to expand...
Nobody is buying a minority stake unless they are incredibly stupid. All the Glazers except Avram and Joel want to sell and if they sell then Avram and Joel won't have control and won't be able to fleece the club anymore.

Whilst they are pretty much forced sellers, they aren't going to come out and tell buyers that they have to sell and drive the price down. Leaving other options open helps the sale price, even if they are extroadinarily unlikely.
 
Bostonian said:
You're 5th in the PL and spent over 200 million pounds on transfers in the last window.

There's fans of 65 or so other clubs who'd be ecstatic with that kind of situation.
Click to expand...
Yeah they'd be buzzing knowing their club has gone from £800m in debt to £1B in debt with kiddly fiddling parasites as owners.
 
Bojan KantKick said:
Yeah they'd be buzzing knowing their club has gone from £800m in debt to £1B in debt with kiddly fiddling parasites as owners.
Click to expand...

Debt isn't inherently bad if it's being serviced, which United's is far more successfully than plenty of clubs in the EFL.
 
If the debt came from developing ground, training ground etc I don't think United fans would have much to complain about. But hundreds of millions of the debt comes from helping the Glazers by the club, which they'll make a fortune out of selling.

That can't be celebrated too much (with some obvious exceptions).
 
moomba said:
If the debt came from developing ground, training ground etc I don't think United fans would have much to complain about. But hundreds of millions of the debt comes from helping the Glazers by the club, which they'll make a fortune out of selling.

That can't be celebrated too much (with some obvious exceptions).
Click to expand...

If the debt solely came from them buying the club it's hardly grown under their reign?

If the growth in the debt was investment in players which supporters cried out for, then is that their fault?
 
They were debt free before the takeover iirc.

Not sure how much debt they loaded onto the club as part of the leveraged takeover, but it was more than half of the current debt I think.
 
You must log in or register to reply here.

Remove this Banner Ad

Back
Top