Club Sale | It’s done!

Status
Not open for further replies.

Castia

Full Member
Joined
Jun 18, 2011
Messages
18,522

Absolutely terrifying

I genuinely fear for the club. Crippled in debt owned by leaches.

Imagine this lot in charge with the debt when we could have been one of the richest clubs in the world.
 

JagUTD

Full Member
Joined
Sep 20, 2022
Messages
3,232
Incredible choice of picture :lol:

Before everyone panics or worse, start declaring the end of days, these clowns know absolutely nothing.

I mean, panic a little bit, it's quite entertaining but we still know nothing of any real value.
 

Rightnr

Wants players fined for winning away.
Joined
Jan 25, 2015
Messages
14,764
Well, that's us done if it's true. Depressing but all the local lads fans will be sure to celebrate Brexit style.
 

Marcelinho87

Full Member
Joined
Aug 4, 2010
Messages
7,293
Location
Barnsley
Ineos have this, wonder how much debt they will laden on us.
They answered this already, none.

And the current debt will become INEOS debt too.

Fact is the debt doesn't matter if managed and paid correctly. I 100% expect INEOS, if they get us, to operate the debt and financial side a million times better than the Glazers.
 

Someone

Something
Joined
Oct 21, 2007
Messages
8,004
Location
Somewhere
It'd only be positive if it's a full sale. Any outcome that keeps the Glazers means would be terrible. But who'd have thought.
 

Champ

Refuses to acknowledge existence of Ukraine
Joined
Jun 17, 2017
Messages
9,889
Ineos have this, wonder how much debt they will laden on us.
None I'd imagine.

INEOs just cleared a load of debt a year or so ago, ready for a big acquisition.
So the debt will be on INEOs and/or any other investors rather than the club.
 

Someone

Something
Joined
Oct 21, 2007
Messages
8,004
Location
Somewhere
They answered this already, none.

And the current debt will become INEOS debt too.

Fact is the debt doesn't matter if managed and paid correctly. I 100% expect INEOS, if they get us, to operate the debt and financial side a million times better than the Glazers.
If the club emerges from this with no debt, then we'll be set up for the success in the future under the right structure. We don't need a sugar daddy.
 

Spoony

The People's President
Joined
Oct 27, 2001
Messages
63,273
Location
Leve Palestina.
Based on the same sources as Ben Jacobs I reckon it'll be SJR with full control and Glazers taking a back seat.
 

Castia

Full Member
Joined
Jun 18, 2011
Messages
18,522
Ratcliffe outbidding Qatar. Who saw that coming. :wenger:

The only thing he’s out bid is the money going directly to the glazers sadly. There’s no clearing of debt or money set for the stadium etc which Qatar have already committed to so that’s probably touching 1.5-2B

In other words the club is fecked
 

JagUTD

Full Member
Joined
Sep 20, 2022
Messages
3,232
Well, that's us done if it's true. Depressing but all the local lads fans will be sure to celebrate Brexit style.
Think everyone got wind of this in Manchester already. Seen them sticking the Union Jack bunting out in preparation :wenger: :devil:
 

Ottawa MLS Fan

New Member
Newbie
Joined
Aug 4, 2013
Messages
127
Spot on.

My dad maintains that aside from 99 and 93, watching United in the second division in 74/75 was his best time watching United. Relegation reinvigorated the club after it stagnated after the European Cup win in 68.
They played fantastic football in that one season in the 2nd Division. Free flowing free scoring team. Attack! Attack! Attack!
Tommy Doc’s devils were far and away my favourite United team to watch.
 

DownRiver

New Member
Newbie
Joined
May 5, 2018
Messages
772
I hope all of you are happy that the glazers will get more money, but at a cost to increased debt (direct or indirect), glazers staying put, less investment in ALL areas of the club etc.
 

DomesticTadpole

Doom-monger obsessed with Herrera & the M.E.N.
Joined
Jun 4, 2011
Messages
101,839
Location
Barrow In Furness
If the club emerges from this with no debt, then we'll be set up for the success in the future under the right structure. We don't need a sugar daddy.
So if he has passed the current debt onto his company, where is any money for stadium etc coming from?
 
Status
Not open for further replies.