Have you learned nothing from Ronaldo? Never ever go back
Club Sale | It’s done!
- Thread starter JB08
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Oh the Chelsea move was absolutely bluster. It was known at the time that it was, this is a very different kettle of fish, however.
There were some fairly massive mitigating factors with Chelsea mind, it’s not something we can point to as a normal deal.
This is good news regarding investment in the stadium, whether that's renovation or a new build.
The new owners will the use the stadium development to win over fans with something impressive & obviously also increase club revenue too.
The new owners will the use the stadium development to win over fans with something impressive & obviously also increase club revenue too.
How was your last day at work?
I think we’re more likely to spend something if they are confident of a sale. They need to protect their investment, won’t want to drop away from top four and it will just be more debt that won’t be their problem.
Some good points, but you have a pretty narrow definition of cash cow. Imo, a cash cow is an asset that returns largesse either now (dividends) or in the future (proceeds from sale).
The main reason for leverage is to leverage returns. An asset bought (with 100% own funds) for X and sold for Y provides a certain return. The same asset bought with 50% leverage doubles that return. The cost of debt is the price the club has paid to secure enhances returns for the Glazers. LBOs aren't about immediate cash returns.
Anyways, I am not convinced that the "strategic process" will yield an ownership that doesn't involve one or more of the Glazers in the aftermath.
Roughly 10 times the glazers investment when they bought us?
Actually more like 8 billion times, given it was a leveraged buyout.. scumbags
Makes you think whether thats why they ended up spunking that 200m+ when they knew it didnt matter to them anymore?
I would like to believe Mr (or Mrs) New Owner agreed to spend it in the Summer which would be a good sign.
Plot twist his wife is his boss and he gets paid £1 an hour, she still said no
After the Glazers baulked at the cost of revamping the stadium, it did seem they'd sell up sooner than later.
The cynical me thinks the deal has already been sewn up. I am sure negotiations have already taken place for months. Just that it is now so close that they risk breaching stock exchange rules by not making clear their intentions given the impact on the share price.
You may like to believe it, but there is absolutely no chance.
The Glazers needed to protect their investment. Now there’s more of a good feel around the place they can sell for many times more money than what they put it, as forecasts are much better. Look after the pennies and they make the pounds etc…
United 's probably the biggest sports institution in the world. I doubt much feel good (was?)is needed to attract potential buyers.
https://www.arabianbusiness.com/lif...ubai-on-red-alert-to-make-surprise-10-6bn-bid
It's a few hours old. Is Arabian Business a reputable news outlet?
It's a few hours old. Is Arabian Business a reputable news outlet?
Can see them being potential buyers
Yes, in the Middle East they are reputable.
I live in Dubai and it's actually been rumoured here for a while that Dubai/Owners of Emirates Airlines were interested in buying Manchester United. The crown prince of Dubai is a well known fan of United.
If one of the states or the oil companies do get us, they’ll have some bragging rights buying one of the most prestigious clubs in football.
bet the lads who bought Newcastle are gutted
bet the lads who bought Newcastle are gutted
Are they as rich as Newcastle/City owners?
It does not. It is around 40-50m extra per year, which is still a large sum of money.
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If Eneos/Ratcliffe purchase us, surely we'll just be servicing an even larger debt? Or am I totally wrong?
Not even close.
No one is as rich as the Newcastle owners. City owners are richer than Dubai but the thing is, with Dubai in charge of United, with the takeover clearing our debts, we will be more than self sufficient to compete. Add in the influx of cash they’ll provide, we’d be able to match any of them financially. I’m more excited by the infrastructure they’ll provide to the club from Carrington, to Old Trafford and the reserves and female stadium.
I have family in Milesplatting, Ancoats in Manchester and I’ve been around the surrounding areas and to see what Abu Dhabi has done for City and the area is remarkable. Back then it was just the Asda supermarket that was the flagship of that area but they’ve developed the whole area and added so much value. Dubai would really do the same for United. With our fan base and commercial viability, we’d be the top guns in all areas once again soon.
shit. Thanks for your reply
How far off are we talking
thanks for the information mate.
I am not great at geography.So, all Emiratis look the same to you eh?
It's never boring is it! Honestly, ETH has finally managed to cobble together a team and tactic that doesn't wobble too much and we can use as a platform to build on, then Ronaldo goes into full toys out of pram mode, now we have a possible ownership change, what a soap opera... Just hope it doesn't damage the morale of the squad as it did look like we were starting to get something going.
The Glazers have spent money at least as comparable as most other big clubs during their ownership, just such as pity they've never seemed to have a cohesive plan in place, so the majority of it was wasted, like, Sanchez was a massive mistake as his legs had gone and the wages were ridiculous, then they repeat that with Ronaldo, fingers crossed they go and the new owners kill the debt, renovate the stadium, give the fans a voice and put a management structure in place that actually involves people who know how to run a successful sport operation.
The Glazers have spent money at least as comparable as most other big clubs during their ownership, just such as pity they've never seemed to have a cohesive plan in place, so the majority of it was wasted, like, Sanchez was a massive mistake as his legs had gone and the wages were ridiculous, then they repeat that with Ronaldo, fingers crossed they go and the new owners kill the debt, renovate the stadium, give the fans a voice and put a management structure in place that actually involves people who know how to run a successful sport operation.
It just goes to show the boom in football (and probably in big business) over the last 20 years that you can buy an asset at the absolute top of it's game, oversee a massive decline in stature, success and infrastructure and sell and for eye-wateringly enormous profit.Glazers are really going to make billions after years of mismanagement and neglect to invest in infrastructure
I can't think of anyone with 5 billion (let alone 10) to spend that I would really welcome.
True but still rich. Still more able to afford the club than a us investor, consortium or a billionaire. In regards to arab state ownership they are probably the lesser of 2 evils. I don't really care about them being as as rich or close to Manchester Citys owners wealth. Just want them to run the club well.
No way the club gets sold for 8 billion quid, simply will not happen If that’s the demand.
I do not think Glazers care about what happens with the club when they are out. it can all get burned for all they care, as long as they get the money.
Let’s hope this thread doesn’t go the same way as the FDJ thread.
Which is somewhat fair enough, considering this is a business asset to them
Think we have spent, but more signings in the hope of attracting sponsors and social media coverage. When instead if you sign players who are the right player to propel you to success the other things come anyway. They wanted to make a quick buck.
Nowhere near.
However they have a good amount of money and would invest in the team, they would also be one of the richest owners in European football (Below Abu Dhabi, Qatar and Saudi). They do things properly here and would hire the right people to run the club. The only question mark as to them actually buying the club is as some people have mentioned, the Abu Dhabi ruling family and the Dubai ruling family are very close and are actually distantly related. The crown prince of Dubai for example recently married a princess of the Abu Dhabi ruling family, so whether they actually try to compete with Abu Dhabi in the same market, in the same league/country, in the same city remains to be seen.
They’ve been preparing this for a while, they also did big review to provide options about stadium redevelopment or a new stadium etc which they were never going to be able to do even if they wanted to. That was all for purpose of trying to sell the future opportunities to potential buyers.
They have to be trying to attract Dubai Investment Fund or someone like Ambani. The Glazers are going to want every last penny, there is huge debt to clear and huge is investment required so they must have had some encouragement from someone with very deep pockets.
Yes, this is what I'm excited about, the infrastructure build. There is SO much potential in and around the stadium. "Manchester United Village" is a viable concept.
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