Club Sale | It’s done!

[Marcelinho87]

It just shows the many ways this all could go wrong based on obligation/option to buy remaining shares; voting power distribution; who gets the 1.4b?

People seem to be okay that a football club is treated this way. You all could play mental gymnastics and normalise what is going on, but we all know this not okay for the fact we will never know exactly how this all plays out unless there is transparency.

You yourself is playing mental gymnastics just from the other side of the coin.

Neither side knows.

 

[clarkydaz]

The FA have a lot to answer for. Their crown jewel pimped about like an expensive hooker and they haven't said a peep. Useless fecks.

They should have been ousted after the superleague. I would have took a European ban to get rid of them

 

[JediSith]

Why did the Saudi's go for Newcastle. They aren't successful, have a localised if you like fan base.

Why did Abu Dhabi go for City, like Newcastle, had been relegated in the years before they got bought before being promoted. City I believe got down to as low division 2.

But both Newcastle & City had a great stadium when they were bought. And it’s not hard, if you have money, to buy a cheaper club in the division and make them good. Which is why it’s surprising that INEOS have not seen any success in Ligue 1 or the Swiss league.

 

[Pexbo]

Good interview with Jacobs

Don’t you start

 

[TheReligion]

Neither is he investing 25% and saying, right lads I call the shots now.

Of course not but I think the logical conclusion is he’s buying in with a view to full ownership whilst taking on the sporting arm as the Glazers scale back gradually.

It’s the only way any of this makes sense and hopefully we’ll have clarity this week.

 

[VP89]

Neither is he investing 25% and saying, right lads I call the shots now.

On the footballing side, it's briefed he is.

 

[Velvet Revolver]

As shown by Goldbridge and most fan channels. They thrive off of negativity. For all his ranting and raving about wanting Qatar, ultimately for his channels growth (and his own pockets) this is the best thing that could've happened.

Remember when Arsenal were bad and AFTV was must see every week? Now you hear nothing of them.

Exactly! and it will long continue. People will create conspiracy and controversy for click bait and views.

 

[TsuWave]

Haha, you’re deluded and patronising because I’m not - so keep your poorly targeted insults to yourself.
In fact I’ve been to watch football at Old Trafford, 20 odd times down the years as jollies paid for by contractors that I’ve worked with (attended OT many more times than most Utd supporters) but have only ever attended the city of Manchester stadium complex to watch a running event at a little stadium to one side of the main because a friends daughter was competing.

Anyhow, no worries, as a bloke without a dog in the fight it amuses me that you blithely presume that anyone who followed the development of ffp (what its actual purpose was and why it didn’t clamp down on debt) and who understands that a million charges doesn’t equal one conviction, must be a dyed in the wool bluenose.

My advice is that you should give your head a wobble but don’t lose the smile ;-)

so besides being a City fan, you also seem very angry. You guys just did the treble, I promise it’s OK to not be on the internet talking about cartels and cabals trying to keep poor little old City and the likes out. You’ll be alright.

 

[Sweet Square]

Don’t you start

 

[BobFromParva]

You do a very good impression of one though.

Well that’s your problem and it lives in your head, Steve (alongside the unicorns).

All I can suggest is that you troll back through my posts in search of what you (and probably only you) can identify as pro-city comments to incite yourself with.
Please let me know how you get on.
Oh, and generally try to get your head around the fact that not everybody who’s not convinced by the ’anti-Arab / sports washing conspiracy theories (as in the vast majority of football supporters) are supporters of man city.

On a more serious note, I think that one of the problems with supporter forums is that the more tribal fans can generate towards using only one forum and then only inhabit certain threads therein to find reinforcement for their already minority opinions. That can leave them living in a feedback loop and becoming further entrenched in their increasingly obscure opinions.

I counteract that by posting on a number of forums. Doing so means that I get to consider opinions that challenge my own (sometimes interestingly and sometimes laughably) which widens my perspective and helps to keep my mind open. You should try it Steve.

Oh, and you might be interested to know that the only forums I actively avoid are bluemoan and rawk, owing to the feedback loops of delusion being in an ever tightening death-spin therein.
Red Cafe and Knees Up Mother Brown are my current favourite forums but I still post in 3 or 4 others on occasion.

 

[Red in STL]

It just shows the many ways this all could go wrong based on obligation/option to buy remaining shares; voting power distribution; who gets the 1.4b?

People seem to be okay that a football club is treated this way. You all could play mental gymnastics and normalise what is going on, but we all know this not okay for the fact we will never know exactly how this all plays out unless there is transparency.

At the end of the day it's a business and you don't have the right to know everything, if SJR wants you to know he'll tell us, if he doesn't he won't

 

[RuudTom83]

This doesn't add much to the conversation but...I tend to forgot that the Glazers own around 67% of the club, Sir Jim taking 25% makes it more palatable to know their share will be in the 40's even if they still hold the control and voting power. Just seeing a smaller number makes the future seem brighter.

Running United will never be an easy task but if it comes to pass then I hope Sir Jim is a more visible/accessible presence at Old Trafford.

 

[Pexbo]

Of course not but I think the logical conclusion is he’s buying in with a view to full ownership whilst taking on the sporting arm as the Glazers scale back gradually.

It’s the only way any of this makes sense and hopefully we’ll have clarity this week.

I think he’s buying with a view to majority ownership. I don’t think he gives two shits about leaving the Class A tokens on the market once he has a controlling interest. He might decide not to pay dividends for a few years and let them slip below $10 a share before hoovering them up but that could be 10 years away.

 

[Catt]

Sooo what do we call him? Jim, Jimbo, Jimmy boy or John?

 

[Dr. Dwayne]

Sooo what do we call him? Jim, Jimbo, Jimmy boy or John?

I like Jimbo.

 

[Red in STL]

I think he’s buying with a view to majority ownership. I don’t think he gives two shits about leaving the Class A tokens on the market once he has a controlling interest. He might decide not to pay dividends for a few years and let them slip below $10 a share before hoovering them up but that could be 10 years away.

I'd go a little further, I think he will only buy if there's a guaranteed path to majority ownership that's acceptable to him, I don't think the Glazer's will get a penny from him otherwise

 

[NotThatSoph]

I think he’s buying with a view to majority ownership. I don’t think he gives two shits about leaving the Class A tokens on the market once he has a controlling interest. He might decide not to pay dividends for a few years and let them slip below $10 a share before hoovering them up but that could be 10 years away.

All else equal, withholding dividends will increase the share price. You're "giving away" money to the owners, so the company becomes less valuable.

 

[MDFC Manager]

I like Jimbo.

How about @Jimble?

 

[NicolaSacco]

All else equal, withholding dividends will increase the share price. You're "giving away" money to the owners, so the company becomes less valuable.

Is that how it works? There are investors whose whole investment plans involve maximising dividend yield. Surely that kind of thing pushes prices up, and if you stop paying then they’ll sell up.

I’m aware it’s more nuanced, and I get that dividends take money out of a company and can limit its growth in the long run.

 

[NotThatSoph]

Is that how it works? There are investors whose whole investment plans involve maximising dividend yield. Surely that kind of thing pushes prices up, and if you stop paying then they’ll sell up.

I’m aware it’s more nuanced, and I get that dividends take money out of a company and can limit its growth in the long run.

Basically, yeah. A stock is a share of ownership in a company, so the price of a stock is the market's estimated value of what that share of the company is worth. The worth of a company is the things that it owns plus the net present value of future cash flows (future profits). Payout out dividends means that the company owns less things, so the sum of current and future things also fall.

 

[NicolaSacco]

Basically, yeah. A stock is a share of ownership in a company, so the price of a stock is the market's estimated value of what that share of the company is worth. The worth of a company is the things that it owns plus the net present value of future cash flows (future profits). Payout out dividends means that the company owns less things, so the sum of current and future things also fall.

Cheers. Yes that’s entirely logical.

 

[NotThatSoph]

Cheers. Yes that’s entirely logical.

You're right that there are investors who specifically search out dividend stocks, though there are also investors who specifically avoid them as well. If there are more of the former, then that can have an impact on prices, but the effect will never exceed the size of the dividend.

 

[bosnian_red]

Neither is he investing 25% and saying, right lads I call the shots now.

It's part of the stipulations of him buying 25%. The Glazers don't care about it. They ignore that whole side. It's a win for them to be able to sell 25% and have somebody else call the shots in the actual hard part of running a football club.

 

[RedRocket9908]

I think he’s buying with a view to majority ownership. I don’t think he gives two shits about leaving the Class A tokens on the market once he has a controlling interest. He might decide not to pay dividends for a few years and let them slip below $10 a share before hoovering them up but that could be 10 years away.

Whether dividends are paid wont be his choice, the decision to pay a dividend is decided via a board vote each year.

 

[Pexbo]

Whether dividends are paid wont be his choice, the decision to pay a dividend is decided via a board vote each year.

If he takes on majority ownership he will be the board.

 

[RedRocket9908]

If he takes on majority ownership he will be the board.

Correct but he will still only have 1 vote while the Glazers will still have their 6

 

[Pexbo]

Correct but he will still only have 1 vote while the Glazers will still have their 6

I think you’re missing half the conversation

 

[stevoc]

Well that’s your problem and it lives in your head, Steve (alongside the unicorns).

All I can suggest is that you troll back through my posts in search of what you (and probably only you) can identify as pro-city comments to incite yourself with.
Please let me know how you get on.
Oh, and generally try to get your head around the fact that not everybody who’s not convinced by the ’anti-Arab / sports washing conspiracy theories (as in the vast majority of football supporters) are supporters of man city.

On a more serious note, I think that one of the problems with supporter forums is that the more tribal fans can generate towards using only one forum and then only inhabit certain threads therein to find reinforcement for their already minority opinions. That can leave them living in a feedback loop and becoming further entrenched in their increasingly obscure opinions.

I counteract that by posting on a number of forums. Doing so means that I get to consider opinions that challenge my own (sometimes interestingly and sometimes laughably) which widens my perspective and helps to keep my mind open. You should try it Steve.

Oh, and you might be interested to know that the only forums I actively avoid are bluemoan and rawk, owing to the feedback loops of delusion being in an ever tightening death-spin therein.
Red Cafe and Knees Up Mother Brown are my current favourite forums but I still post in 3 or 4 others on occasion.

TLDR.

 

[Posh Red]

Basically, yeah. A stock is a share of ownership in a company, so the price of a stock is the market's estimated value of what that share of the company is worth. The worth of a company is the things that it owns plus the net present value of future cash flows (future profits). Payout out dividends means that the company owns less things, so the sum of current and future things also fall.

That’s quite a reductive explanation and isn’t entirely accurate to be honest. Paying out a dividend, as an isolated concept, doesn’t devalue a share.

 

[UTD_Since_1978]

What is the point of Sir Jim buying 25% of Man Utd FC unless he's going to use his own money to bolster UTD's transfer kitty by a huge degree.

Also, I read months ago that he is supposed to be a Chelsea fan despite being a Northerner I think.

 

[RedUnited86]

Jimmy two times

"Get Joel on the blower, on the blower"

 

[clarkydaz]

What is the point of Sir Jim buying 25% of Man Utd FC unless he's going to use his own money to bolster UTD's transfer kitty by a huge degree.

I don't think it works like that. It's FFP stopping any spending. We have massive wages on the books and can't get rid of them

 

[Hoof the ball]

Paul Mitchell? We're more likely to get a sponsorship with the hairstyle brand than the DoF.

 

[Andy_Cole]

Paul Mitchell? We're more likely to get a sponsorship with the hairstyle brand than the DoF.

Seems likely to be fair. He’s been mentioned by Jim’s camp for months.

 

[redshaw]

Jimbo and the Jetset

For top reds only

 

[Zaphod2319]

I don't think it works like that. It's FFP stopping any spending. We have massive wages on the books and can't get rid of them

It was eye opening that with not a huge spend in the transfer market that Man United were flirting with FFP. Crazy

 

[VWW]

Sooo what do we call him? Jim, Jimbo, Jimmy boy or John?

rat.

 

[KiD MoYeS]

Who kicks the bucket first, Jim or Avram?

 

[clarkydaz]

It was eye opening that with not a huge spend in the transfer market that Man United were flirting with FFP. Crazy

Staggering waste of money from people supposed to be financial whizzes

 

[horsechoker]

Ratcliffe has set Casemiro in his crosshairs

https://www.theguardian.com/footbal...chester-united-recruitment-and-plans-shake-up