That's a worthy reply! Did you vote for him?
All change of ownership and Red Knights related posts here please
- Thread starter Gunnar
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That's a worthy reply! Did you vote for him?
He's not a patch no my MP, Justin Gangrape.
Reply from my local MP's office (Theresa May)
When governments get involved in things they usually feck them up.
Could be a case of better the devil you know.
Could be a case of better the devil you know.
Woah they must be taking it seriously; you emailed Theresa May and got a reply from David Beckham!
The Government isn't likely to get involved in regulation, it has said it will put pressure on the FA to regulate.
And "better the devil you know"? Seriously?
Ghost-written by Ossie Ardiles?
The Government isn't likely to get involved in regulation, it has said it will put pressure on the FA to regulate.
And "better the devil you know"? Seriously?
If the FA/premier league made the rules more robust then the capital would just flood out of the English game along with all the decent players and management.
I wasn't legitimising the Glazer ownership which is what I think you're getting at.
Why, thank you CR.
And what exactly have I done to deserve the wrath of a self-satisfied cnut like yourself, may I ask?
Got a reply from MP as well, will support the MUST stand. Now the G/G thread has been locked with Cider allowed a final insult this remains the only thread left to register our disgust at the Glazer's until this thread is locked as well, not be long till that I suspect
It was the government that interferred with the purchase by BSkyB. Jerks should have been voted out over that cock-up
This place isn't a democracy fella, too many trigger happy mods about.
And also they're peeved by the Drasco incident.
Dildogate
It's funny, I no longer blame the Glazers, they are what they are, business people who found an opportunity and took it. I don't doubt that we have money to spend even though we are 100 of millions in debt. I do believe that our activity in the transfer market is down to Ferguson. Yes they are leeching the club, but they need it to stay successful for their business plan to work. They are what they are.
The fans on the other hand I am annoyed at. We've had ample opportunities to protest, work together etc. Unfortunately, it took the sale of Ronaldo for them to suddenly realise that it was real and time to do something about it, a bit late, but I was hopeful for the first time since 2005. So we got the green and gold campaign, one that was about protesting against the Glazers and not renewing the season tickets. So what do we do, renew and say it was more about the media exposure. Apparently there's some type of victory with the corporate season tickets, but really I think that has more to do with the current economic climate than the fans waving scarves. To put it bluntly, the fans don't really care, it comes across as just another fad from the stands (city had their Bananas, we had green and gold). They should have cancelled their season tickets and carried on protesting outside the ground. The Glazers have won and it's the apathy of the fans to blame.
I'm done, i've been in self imposed exile since the Glazers came in and I've missed one of the most glorious chapters in our clubs history. No more, I miss seeing my team, and if the rest of the fans don't really care whats happening at the club then why should I?
The fans on the other hand I am annoyed at. We've had ample opportunities to protest, work together etc. Unfortunately, it took the sale of Ronaldo for them to suddenly realise that it was real and time to do something about it, a bit late, but I was hopeful for the first time since 2005. So we got the green and gold campaign, one that was about protesting against the Glazers and not renewing the season tickets. So what do we do, renew and say it was more about the media exposure. Apparently there's some type of victory with the corporate season tickets, but really I think that has more to do with the current economic climate than the fans waving scarves. To put it bluntly, the fans don't really care, it comes across as just another fad from the stands (city had their Bananas, we had green and gold). They should have cancelled their season tickets and carried on protesting outside the ground. The Glazers have won and it's the apathy of the fans to blame.
I'm done, i've been in self imposed exile since the Glazers came in and I've missed one of the most glorious chapters in our clubs history. No more, I miss seeing my team, and if the rest of the fans don't really care whats happening at the club then why should I?
Good on ya, gambit.
To be fair, if you post every 30 seconds then the chances are that you will have the 'final say' in any argument.
To be fair, if you post every 30 seconds then the chances are that you will have the 'final say' in any argument.
Bump
LULG
TODAYonline | Sports | Manchester United the big prize
Despite the massive debts and their poor performances on the pitch, Liverpool managed to attract the fiercest battle yet for ownership of an English Premier League club.
It has taken the protagonists from the boardroom to the courts on two continents.
Singapore billionaire Peter Lim was in the mix earlier in the week but pulled out his £320 million ($665 million) bid on Thursday after admitting the Anfield board seemed set on selling to New England Sports Ventures (NESV) of the United States despite their lower offer of £300 million.
Lim's bid was the first foray into the Premiership by a Singapore tycoon and it probably won't be the last, analysts have told MediaCorp.
One club that will surely interest Lim is Manchester United.
Indeed, if the English giants are put up for sale, the prediction is that it will trigger a tsunami of bids from individuals and consortiums from all over the world, including Asia.
"Manchester United are a different kettle of fish altogether," said Leon Perera, group managing director of Spire Research, a market research company.
"They are in a league of their own and the huge following in Asia present an enormous opportunity for sponsorship, television rights and merchandising.
"They may be expensive to own, but there is money to be made off them and the rub off from the brand association is enormous for any businessman."
The Red Devils are the crown jewel of club football, a cash cow that generated £100.8 million in operating profits on a record turnover of £286.4 million last year, although debts piled on United by their American owners, the Glazers, saw the bottom line plunge to an £83.6-million loss.
The Glazers bought the 18-time English champions for nearly £800 million and they are adamant the club is not for sale, after rejecting a bid of £1 billion by a consortium of wealthy United fans known as the Red Knights.
Liverpool sank into crisis after their former American owners Tom Hicks and George Gillett Jr loaded their debt of nearly £240 million on the club, and many financial analysts fear United could eventually go the same way.
One stumbling block for Asian investors who want to buy clubs like Liverpool or United is that they are new players on the market.
Capital from a non-traditional source like Asian businessmen is treated warily.
With so little known of Lim, the Liverpool board quite possibly decided to bank on NESV, a company with a track record in managing professional sports, especially American baseball and motor racing.
"One possible reason the Liverpool board members decided to go for NESV was their uncertainty over Peter Lim's style," said Song Seng Wun, regional economist at CIMB-GK.
"They don't have much of a benchmark to follow on Asian owners managing a big football club and could have been a little wary. There is also the issue of betting syndicates from Asia and the recent scandals involving sports like cricket hasn't helped much.
"Perhaps going for the smaller clubs and proving themselves first may be the way to go before perceptions change."
Despite the massive debts and their poor performances on the pitch, Liverpool managed to attract the fiercest battle yet for ownership of an English Premier League club.
It has taken the protagonists from the boardroom to the courts on two continents.
Singapore billionaire Peter Lim was in the mix earlier in the week but pulled out his £320 million ($665 million) bid on Thursday after admitting the Anfield board seemed set on selling to New England Sports Ventures (NESV) of the United States despite their lower offer of £300 million.
Lim's bid was the first foray into the Premiership by a Singapore tycoon and it probably won't be the last, analysts have told MediaCorp.
One club that will surely interest Lim is Manchester United.
Indeed, if the English giants are put up for sale, the prediction is that it will trigger a tsunami of bids from individuals and consortiums from all over the world, including Asia.
"Manchester United are a different kettle of fish altogether," said Leon Perera, group managing director of Spire Research, a market research company.
"They are in a league of their own and the huge following in Asia present an enormous opportunity for sponsorship, television rights and merchandising.
"They may be expensive to own, but there is money to be made off them and the rub off from the brand association is enormous for any businessman."
The Red Devils are the crown jewel of club football, a cash cow that generated £100.8 million in operating profits on a record turnover of £286.4 million last year, although debts piled on United by their American owners, the Glazers, saw the bottom line plunge to an £83.6-million loss.
The Glazers bought the 18-time English champions for nearly £800 million and they are adamant the club is not for sale, after rejecting a bid of £1 billion by a consortium of wealthy United fans known as the Red Knights.
Liverpool sank into crisis after their former American owners Tom Hicks and George Gillett Jr loaded their debt of nearly £240 million on the club, and many financial analysts fear United could eventually go the same way.
One stumbling block for Asian investors who want to buy clubs like Liverpool or United is that they are new players on the market.
Capital from a non-traditional source like Asian businessmen is treated warily.
With so little known of Lim, the Liverpool board quite possibly decided to bank on NESV, a company with a track record in managing professional sports, especially American baseball and motor racing.
"One possible reason the Liverpool board members decided to go for NESV was their uncertainty over Peter Lim's style," said Song Seng Wun, regional economist at CIMB-GK.
"They don't have much of a benchmark to follow on Asian owners managing a big football club and could have been a little wary. There is also the issue of betting syndicates from Asia and the recent scandals involving sports like cricket hasn't helped much.
"Perhaps going for the smaller clubs and proving themselves first may be the way to go before perceptions change."
The message of the Liverpool sale saga is that its bloody unlikely United will get any serious bids. Liverpool struggled to get many bidders, even at the bargain price of 300m. The 'fierce fight' detailed in the article above was just H&G being desperate.
Not at all - there were at least 3 very serious bids for Liverpool that we know of - it is likely that there were others as well.
Although the big difference is that there are many people who can afford £300m for a football club, however when you start talking £1bn+ then there is only a small amount of potential bidders.
2-0 down!
So have the RedKnight's completely disappeared then? Not heard anything for ages.
Well they never really existed in the first place! Well not as any kind of formal entity anyway.
The guys involved (O'Neill etc) are still around and still working to find finance for a 'fan friendly' takeover from what I understand.
Funny to look back in this thread and look at comments from a year ago!
Yes indeed, O'Neill's still around but far more concerned with the Brics than he is with the RK's. That's been dead in the water for some time.
Personally I have always said that the concept of the RKs was a nice idea but was unlikely to work in reality - their biggest stumbling block is that they just dont have enough money.
Nowhere near, apparently.
Having been involved in this, the lack of "formal entity" bit is true, a collection of like minded people.
They hired Nomura to do valuation work on United and concluded that the price at which the Glazers would sell was too high. It wasn't that they couldn't afford it. I can afford a £5 Mars Bar but I wouldn't pay that price for one.... These guys could come up with £2bn, £3bn etc, etc but just didn't think that was worth it.
It wasn't just the valuation it was the money. When it came to how much they could actually call upon, they were well short and that was that. Hence not even an opening offer. Your estimation of what the RK's could actually come up with is way off the mark.
Sadly the RK idea was all theory and no substance.
And where do you get any of that from Julian?
Edit: I know who a lot of the people are/were and that isn't correct.
Not so much capital based for me. The problem was value and also return on heavy investment in the short term.
I mean it would be like saying Andy Carroll is worth 12 million odd quid, Newcastle coming back with something outlandish and over the over the top like 'No we want 35 Million, we don't have to sell' and the other team going 'Fine we'll pay it'.
I mean nobody would be that stupid...
Your cousins friends brother is O'Niells drivers friend isn't he?
Well it turned out to be a load of old fanny. Glazer wouldn't sell for less than about£1.8/£2Bn so what the hell did they think they were doing trying to shape a £1Bn deal? Having Keith Twat involved was the death-knell to any chance of success.
They baulked at 1.5b right? Well now it's looking like 2b.... and the more time goes by the higher that offer will need to be. I doubted there commitment at the time and since then they never came close to changing my mind.
In fact it is not only about lack of capital and/or value either - there was never any detailed plan about how they were going to involve the fans, there was a lot of talk but no substance in the end.
Sounds like a cop out to me.
Surely it was worth making an offer at whatever they felt was a fair price if they really had the means to do so?
Are you trying to tell me that the 'collection of like minded people' could personally come up with £2bn cash? I think not.
Knowing people who can provide that level of funding is not the same thing at all.