Club Sale | It’s done!

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JPRouve

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I'd argue most of the people who want Ratcliffe rather than Jassim want him because of what he isn't rather than what he is. That's certainly the case for me, anyway.

Ratcliffe might well be a ruthless piece of shit businessman, but he isn't almost certainly a front for a sportswashing venture for an abhorrent regime. The same cannot be said for Jassim, and I'm afraid those who claim otherwise are simply hypocrites because they would not be this willing to give the benefit of the doubt if it were another club involved.
You are arguing alone, I don't care who wants what and didn't ask.
 

Hoof the ball

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:lol: I could imagine that sketch but with one of the Glazers in his place.

"It's still nil-nil, Chris!"
"You're at the game?"
"...Yes..."
"The game at Old Trafford?"
"...Indeed..."
"But United have just scored."
"...oh yes, Chris. Wow! The crowd are making the stadium around me shake. It's really quite something."
"Who scored the goal, Avram?"
"....I think the connection is a li-"
"Avram! Who scored the goal for United?"
".... Cristiano Ronaldo...?"
"You're not at the game are you, Avram? You're IN FLORIDA washing your ponytail aren't you?"
".....sorry, Chris."
:lol: oh god. Don't make me remember the 9/11 skit.
 

HarryP

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You can’t narrow down the impact to one year or “recently”. That’s just nonsense.

you have to look at the whole period they have been in charge. And the fact there is they have taken out more than £1bn much of which could have went into transfers
I'm looking at the impact going forward under a potential SJR ownership without the existing debt being cleared immediately. My argument is that the yearly debt repayments aren't a biggie relative to the sort of spend that's required turned over at an elite football team.

For illustration of my point, the Sancho package will cost the club £163m over 5 years and he has had minimal impact after 2 of those years. So by equivalence he'll cost the club more than half a decade of existing debt repayments.

If Mason Greenwood ends up being released, that's probably a £150m asset getting wiped from the balance sheet (given current transfer prices, his age and talent levels). That was potentially another half decade of existing debt repayments!

To reiterate my point - £30m a year is chicken feed relative to the reality of volatile financial movements that happen regularly at elite football clubs.
 

Rightnr

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Yup, it's literally Qatar now or we become Spuds in the coming years.

If Qatar go and slap down the 4bn for Spurs, some of the United fans on here will have to tie themselves in knots to explain how we're ever winning a title again short of a blanket ban on state clubs.
 

Mmm-Qatarian

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I was asked about it, I didn't brought it up.
Alright, point taken. My original comment still stands, though. This is a lesser of two evils situation, and whilst "just a businessman" is indeed perhaps a rather naive statement to make about a petrochemicals billionaire, I believe @Chesterlestreet was correct to ask the question of whether Ratcliffe and Jassim are really comparable in the realm of state and political influence.
 

Mmm-Qatarian

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Yup, it's literally Qatar now or we become Spuds in the coming years.

If Qatar go and slap down the 4bn for Spurs, some of the United fans on here will have to tie themselves in knots to explain how we're ever winning a title again short of a blanket ban on state clubs.
Alright, I don't know how popular this sentiment will be, but I for one would rather we never won a Premier League in the next ten years than become City's regen.
 

Berbaclass

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They have an open opportunity now, not wait a few years for another PL club to open its doors.

Also, QIA can buy out 92 foundation in the future. Also, UEFA president said they may change the rules for an entity to own multiple clubs.
If they could then why go to the trouble of hiding it behind Jassim.
 

Godfather

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You're completely misunderstanding my point.

I never said the Glazers haven't taken x amount of money out over the years, what I said is that recently the debt repayments aren't massively eating into the transfer budget. They're around £30m a year which generally will only get you an average player in today's market.
Could have done with that in January
 

JPRouve

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Alright, point taken. My original comment still stands, though. This is a lesser of two evils situation, and whilst "just a businessman" is indeed perhaps a rather naive statement to make about a petrochemicals billionaire, I believe @Chesterlestreet was correct to ask the question of whether Ratcliffe and Jassim are really comparable in the realm of state and political influence.
And I answered his question, I even gave an answer that both of you will agree with. But let me ask you this who has more political influence in the UK, Ineos or Hamad Al Thani?
 

cyberman

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What?

It’s someone giving their opinion for christ sakes
And every other opinion with sub numbers turned out to be wrong.
There’s a reason it says
Do not post dodgy tweet sources
In the title and it’s not his opinion, he literally says one of their sources in a post.
It’s bullshit

Edit
the people we spoke to believe he will be there.
 

HarryP

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There is a legal option….although it’s a nuclear option. City could decide to mount a legal challenge against FFP and even FMV. Both FFP and FMV if challenged could be ruled a restriction of trade. There is legal opinion out there that suggests if a legal challenge was made it stands a good chance of being successful.
Might be a hard sell given they enthusiasticly signed up to FFP in the first place (possibly because they were confident they could get around it without being caught out)
 

Rightnr

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Alright, I don't know how popular this sentiment will be, but I for one would rather we never won a Premier League in the next ten years than become City's regen.
How about 20, 30 or even 50? Shall we become mid-table to make sure no one can say anything? What happens when Green peace start on Ratcliffe?
 

Rooney24

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I'm looking at the impact going forward under a potential SJR ownership without the existing debt being cleared immediately. My argument is that the yearly debt repayments aren't a biggie relative to the sort of spend that's required turned over at an elite football team.

For illustration of my point, the Sancho package will cost the club £163m over 5 years and he has had minimal impact after 2 of those years. So by equivalence he'll cost the club more than half a decade of existing debt repayments.

If Mason Greenwood ends up being released, that's probably a £150m asset getting wiped from the balance sheet (given current transfer prices, his age and talent levels). That was potentially another half decade of existing debt repayments!

To reiterate my point - £30m a year is chicken feed relative to the reality of volatile financial movements that happen regularly at elite football clubs.
The point I picked up on in your post a few pages ago was that you said the Glazers spend up to the limit within the FFP rules which is clearly not the case.

to make it simpler if we have £100m to spend in a window to be within
FFP and they take a £10m dividend and pay £30m in debt repayments then we have £60m in reality. Even if they didn’t take a dividend in recent times and only pay down the interest that still takes us down to £70m.

if City have the same £100m, they have a full £100m to spend in the transfer market.

if you think that’s chicken feed or doesn’t make a difference then I don’t know what else to say.
 

DOTA

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Yup, it's literally Qatar now or we become Spuds in the coming years.

If Qatar go and slap down the 4bn for Spurs, some of the United fans on here will have to tie themselves in knots to explain how we're ever winning a title again short of a blanket ban on state clubs.
Sounds like the best route to go.
 

Mmm-Qatarian

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And I answered his question, I even gave an answer that both of you will agree with. But let me ask you this who has more political influence in the UK, Ineos or Hamad Al Thani?
INEOS, absolutely. My counter to that would be that Hamad Al Thani's political influence over Qatar is more considerable than INEOS' over any single state, probably by a considerable margin.
 

JPRouve

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INEOS, absolutely. My counter to that would be that Hamad Al Thani's political influence over Qatar is more considerable than INEOS' over any single state, probably by a considerable margin.
So you are 100% agreeing with what I wrote in my initial post? What are you countering?
 

Mmm-Qatarian

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How about 20, 30 or even 50? Shall we become mid-table to make sure no one can say anything? What happens when Green peace start on Ratcliffe?
I'm seriously considering just not supporting the club if it becomes a sportswashing venture, so yeah sure, I'll still take your made up scenario.
 

Giggsyking

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I still can't get over that complete and total moron with a Qatar flag at OT.

A fecking Qatar flag. He was lucky it only got stolen off him. A few digs wouldn't have been appropriate, but the fact he felt empowered to go out into OT with that flag and not expect opposition is just so mind-blowingly stupid.
Is this how you engage in dialog with others who disagree with you, you bully them, steal their belongings, few digs ? You sound like an autocratic country leader.. The irony.
 

HarryP

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The point I picked up on in your post a few pages ago was that you said the Glazers spend up to the limit within the FFP rules which is clearly not the case.

to make it simpler if we have £100m to spend in a window to be within
FFP and they take a £10m dividend and pay £30m in debt repayments then we have £60m in reality. Even if they didn’t take a dividend in recent times and only pay down the interest that still takes us down to £70m.

if City have the same £100m, they have a full £100m to spend in the transfer market.

if you think that’s chicken feed or doesn’t make a difference then I don’t know what else to say.
The debt repayments of ~£30m need to be balanced against the yearly revenues which are ~£650m. It isn't that much when you look at it like that. It's literally like the cost of a decent fallback. It can be worked around pretty easily under SJR and wiping it isn't the holy grail it's made out to be.
 

Mmm-Qatarian

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So you are 100% agreeing with what I wrote in my initial post? What are you countering?
I was countering this point in particular:

But people need to remember something that they seem to willingly ignore or brush aside, the most influential people outside of political leaders are men like Ratcliffe, leaders in the petrochemical, energy, pharmaceutical industries and banking those people are the main source of corruption, political manipulation, dubious laws and regulations making in the world and in particular in our western countries, someone like Ratcliffe has more political power than most members of any british/french government, he has more influence on the EU or similar organization than most members of parliaments or political boards.
(Corrected for proper quotation format)

My point was that I don't think people are less ignorant of it and more just considering the situation through the "lesser of two evils" lens.

Regardless, if I misinterpreted your post I extend my apologies. I think it was largely correct.
 

Rooney24

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The debt repayments of ~£30m need to be balanced against the yearly revenues which are ~£650m. It isn't that much when you look at it like that. It's literally like the cost of a decent fallback. It can be worked around pretty easily under SJR and wiping it isn't the holy grail it's made out to be.
OK. So then I have 2 questions for you if this isn’t that much.

1. why are the vast majority of fans opposed to the Glazer ownership?

2.Why have we fallen so far behind other clubs and Man City in particular ?
 
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