Since Ed has taken over, all we've been doing is window shopping!
Sun: Kevin Glazer set to sell his stake in Man Utd
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Ha, good one. From one bunch of twats to 400 million know-it-alls.
Ha yeah! I was going to say they were a handsome bunch of fellowsslipped up there fella
We'd have to conduct our board meetings on Twitter.
The same reason people are writing «Gomez» and «Lingaard».
Surely been mentioned, but does selling his 13% give any influence at the club for the potential buyer? I mean a seat or a say in board meetings?
No. Only B shares have voting rights.
Cheers. If more than 50% of these A shares are bought, then what happens? still no influence?
I see that photo and I immediately want to punch him in the face.
Thanks for the share.
Joel. Definitely Joel.
Mcguire
That's not exactly true. The Class A shares do have voting rights, just 10% of Class B shares. So by converting non-tradeable Class B shares to tradeable Class A shares, Kevin Glazer will be giving up 90% of his current voting rights. This is why most financial analysts are treating this as a clear indication of Kevin wanting to sell his shareholding in United, because there's not really another logical reason why he would want to convert them.
The buyer(s) of the shares won't be entitled to a board seat or enough voting rights to make much of a difference, however there are a few ways that they might influence the governance of United.
Firstly, if they are sold to a single individual then there may also be other conditions attached. This might be changing the club's dividend policy rather than insisting that Ed Woodward is sacked or a competent football executive is appointed, but you don't purchase £270 million of shares in an asset that's in freefall in the hope that it continues to fall and lose you money.
Secondly, if the shares are sold directly to another individual or corporate body (rather than publicly listed through a secondary offering), then this is arguably an indication that a full sale of the club is likely at some point. Although, such a sale may still be years away depending on the terms of the sale. For example, if the sole buyer isn't ready to take a controlling share in the club soon, they may protect against the share value suddenly falling by insisting on a lock-in guarantee. This would stop the other Glazer spawn from following suit and selling for a certain period of time.
I feel like it's a very significant development - a guy who owns 13% of our club almost certainly wants to sell. Whether this is the prelude to a full sale of the club or just ends up being a trust fund kid cashing out his £270 million nest egg that he did nothing to earn remains to be seen.
Parasites
No money in but 300m+ out & the club still paying millions in interest. Beggars belief really.
No money in but 300m+ out & the club still paying millions in interest. Beggars belief really.
Yeah, right after me.
The Sun and other tabloids say he wants to sell
Sky Sports News say it was merely a technical change and he doesn't want to sell
Is there any reason from a Glazer perspective to deny these shares are going to be sold prior to them being sold? Or should we just take it that the Sun and co. are full of shit...
I fear this is yet more speculative bullshit. It feels like these Glazer pricks are never going to leave
Sky Sports News say it was merely a technical change and he doesn't want to sell
Is there any reason from a Glazer perspective to deny these shares are going to be sold prior to them being sold? Or should we just take it that the Sun and co. are full of shit...
I fear this is yet more speculative bullshit. It feels like these Glazer pricks are never going to leave
They a bunch of ugly sister feckers I think is the point
Unless someone offers really big money to buy the lot of them out then these vermin will be here until they all kick the bucket, so we got to endure their ownership for the next 20 years at least.
Don't look at Lingard.
Wow, classy. Wanting to punch the faces of the players who play for the club! Class.
But... but... the sponsors
These kind of buyouts also happen incrementally. But let's see. I personally think they will jump ship soon, nothing of real note that will keep them here right now as it is.
No, he hasn't sold them, according to Sky Sports there is plausible deniability from the Club, that he is selling, saying its just a technical issue (See also @Old Ma Crow post) If he does sell, at this stage in our fortunes it would bring the price of shares down overall, which his brothers/sister would not want!
Given that shortly after Malcolm Glazers death it was widely reported that at least half of the Glazer family wanted out, and this is what fuelled speculation for months afterwards that the family would sell up having grown the asset (at the time) from £0.8B to around £2B, that they would take their profit.
In truth is its hard to say what will happen, United is still a massive 'cash cow' for the family, but there is only really Avram and Joel who show much interest in us as a football entity.
I don't see the problem with his post. We support the club, not the players or managers. These go and leave, and if they are shite in their job at the club then why won't he act like this towards them? They are representing the club in a crap way. Again we are supporting the club in general not some individuals.
Just for context, could you tell me how you support the club but not the players or managers? If there were no players or managers, how is there even a club?
Yea, I'm just hoping some of them now want to jump ship as it looks like they just can't seem to stabilise the sinking ship. More and more bad press keeps coming out towards their ownership of the club, which in returns effects the clubs value. I imagine they have been offered a hefty sum of money previously but as each day goes by, it seems that the offer will keep declining and may just want to cut their loses.
Because they are a bunch of melts.
The players go and leave, the club was present before the current set of players and will stay after they leave. Just because I support a club, I'm not forced to love each player playing for it, especially when these said players are providing the club with crap results and putting on gutless performance every season. These players will feck off, while the club will stay and new set of players will come after them, hopefully better. Why should we love a set of players who are running the club to the ground with their gutless and crap performance?
Probably because most people use phones and that's what comes up in the autocorrect.
Who said about loving? Not every player will be to every supporters liking but do we have to start talking about disliking them etc? No one on this forum can say that they support the club any more than Lingard or Rashford, 2 of the players I notice that get a lot of the abuse. They have supported and played for the club since they've been youngsters. Their performances, for whatever reason, we all know haven't been great but doesn't mean we should start abusing them? I can guarantee if any of us United supporters were asked to play, we'd give 100% but we'd look gutless because we'd be out of our depths. There is no club without the players and no players without the club. They go hand in hand.
Whether players support us and play for us, if they are no good we shouldnt blindly support them or like them. We should be able to say sell them/let them go they are shit. We have had a period where generally most of the team/squad were very good players or above and we won things. We ask sack the manager(s), who in this case is a loved ex player, but if the results are not there, we shouldnt just keep them because they support the club.
Agree, we should not keep them but that is not within the players remit. If he is asked to play, he should play. I can't remember there being an incident where a player has refuse to play. If they did, then I could understand the anger towards them. Heck, Scholes himself admitted that he refused play on one occasion.
Yep, pretty well put really. My sentiments exactly. I'm sure none of these have ever played the game other than on fifa. And why do I bring this up? Anyone playing at any level will know players will not go out to play bad. None. If they did, they would be found out and have a contract terminated. But what we have to do, is look at the environment these players are having to play in. Our club is toxic from top to bottom and no one can really perform.
That is why I hope these Glazer's go and we can start rebuilding and cleaning up the crap left by Ed and his owners.
When I see Lingard, he reminds me of some character from Lord of the Rings.
I saw it written all over Rashford's face against Newcastle (I think?) when he missed a sitter. It wasn't just anger it was sadness with a hint of despair even - that guy has the weight of the world on his shoulders. Yeah it's a dire state - I just hope January brings with it some fresh blood and our results improve because I would love to see some smiles again out there on that pitch.
Are you thinking of Glazers?
Play? All Lingard does on the football pitch is hide.