Club Sale | It’s done!

Status
Not open for further replies.

Godfather

Full Member
Joined
Feb 18, 2007
Messages
30,086
Location
Austria
Yeah, that tight arse with his multi-billion quid bid. Bet he doesn't even buy his round down the pub, the fecking miser
What does that have to do with anything? His bot investing heavily at Nice so why would that be much different here
 

Chairman Steve

Full Member
Joined
May 9, 2018
Messages
7,182
New owner doesn’t need to necessarily spend hundreds of millions on first team buys like Boehly is doing at Chelsea. They could concentrate on spending considerable money on a better scouting network and improving our academy, so we can have more chances of people like Garnacho and Rashford coming through, where the spend is either zero or extremely low in Garnacho’s case.

I don’t think we need sugar daddy necessarily. We need someone who does put money in every once in a while definitely but more importantly lets us spend the money we make anyway. Hypothetically if we’re missing one crucial player to complete the jigsaw which is the difference between finishing 1st and 2nd but costs £100m, then they would ideally step up and stump up the cash for it, as a once every two years lifeline we can use.
 

Messier1994

The Swedish Rumble
Joined
Oct 7, 2022
Messages
1,368
One thing I think people are overlooking is that the Glazers are not one single entity now.
After Malcolm passed away I think they owned 97% of the shares that were split equally between the 6 siblings.
It has been reported that Joel and Avram are- were opposed to selling, and I believe two of the brothers have already sold SOME of their shares.
Joel and Avram were reported to be looking at buying out the other siblings but couldn't it seems raise the funds.
Darcie has been reported to have borrowed heavily with the shares in United as collateral, so with rising interest rates wants to sell her 18%.
Bryan, Kevin, Edward I have heard nothing about.
So, if the new "buyer" bought out the 4 siblings, it not Avram or Joel, they would have circa 66% owners, with the other two having little say.
Why would the new owners accept this or anything but a full takeover?
The savings in initial purchase would be £1.5 billion (roughly), money that could then be it into a new stadium which with naming rights would be paid for and a revamp of Carrington.
Why would the two brothers agree to it?
If they feel that the overall value is likely to increase, either with a new ground bringing in a LOT of extra match day revenue, the ESL being brought back to discussion and coming into place, or clubs being allowed to negotiate their own broadcasting deals, they might think that in ten years time, the price per share could double.
Just another possible option that I think should be considered in discussions.
Good points, but what is so annoying is that as long as any of the siblings keeps their shares -- they have full control of the clubs. Their Series B shares have 10 votes per share while the others have 1. And some decisions require the support of any B share to pass. If any sibling sell their share to someone who isn't a straight line relative from Malcom, the B shares are automatically transformed to A shares (low voting shares).
 

George The Best

Full Member
Joined
Aug 22, 2013
Messages
2,133
Location
Nut Megging
I imagine if INEOS are declaring their interest this past week then we’re not far away from the auction starting so to speak. We should know the new owner come April at the latest judging by past stories.

It’ll be interesting and maybe exciting to see who is going to be throwing their hats into the ring in the next few weeks.
All we’ve got so far is a statement of interest. Nobody in their right mind is going to enter a blind auction without the chance of conducting some due diligence. The process, so far, has not been made transparent. With the Chelsea sale the contenders were at least given a prospectus of the business and the books.
 

Giggsyking

Full Member
Joined
Aug 24, 2013
Messages
8,711
If Sir Jim is going to do what he is doing to Nice, then we are going to see even darker days than the Glazers days.
 

Messier1994

The Swedish Rumble
Joined
Oct 7, 2022
Messages
1,368
Nothing major, but Off the pitch are quoting to a M&A advisor well versed in the football world:
 

Dobba

Full Member
Joined
Nov 10, 2006
Messages
28,770
Location
"You and your paper can feck off."
What does that have to do with anything? His bot investing heavily at Nice so why would that be much different here
Beyond playing the same sport, there is next to no comparison between OGC Nice and Manchester United.

Hence why the asking price for the former was €100 million and the latter gets paid just shy of double that just from the Premier League every season simply for playing in it.
 

George The Best

Full Member
Joined
Aug 22, 2013
Messages
2,133
Location
Nut Megging
If Sir Jim is going to do what he is doing to Nice, then we are going to see even darker days than the Glazers days.
Doubt Sir Jim gets us - but if he does his whole reputation will ride on sorting out the mess here. He can’t afford to screw up here. He’s either deadly serious, and prepared to spend megabucks, or it’s a PR job.
 

cyberman

Full Member
Joined
May 26, 2010
Messages
37,331
Nothing major, but Off the pitch are quoting to a M&A advisor well versed in the football world:
I don’t think this point is made clear enough. United will be the largest sports institution in the world that will ever be up for sale
 

LawCharltonBest

Enjoys watching fox porn
Joined
May 17, 2012
Messages
15,664
Location
Salford
I don’t think this point is made clear enough. United will be the largest sports institution in the world that will ever be up for sale
Also makes me wonder why some people rule out the middle east interest

They very well may not get far into the process, but if they have a political agenda and want to use a club for sports washing.. you aren’t going to get a bigger opportunity than United. The club makes heroes
 

red thru&thru

Full Member
Joined
Mar 2, 2004
Messages
7,657
Also makes me wonder why some people rule out the middle east interest

They very well may not get far into the process, but if they have a political agenda and want to use a club for sports washing.. you aren’t going to get a bigger opportunity than United. The club makes heroes
Because it'll bring just as big exposure to any negatives that the owners do. It's a massive risk.
 

Coops73

Full Member
Joined
Oct 17, 2013
Messages
3,353
I don’t really know too much about this shit but I’ve just been reading a bit about Ineos and their expansion into the Chinese market, seems their buying out of 50% of Secco a subsidiary of Sinopec is quite significant.

Ineos seems to be getting bigger.
 

Rocksy

Full Member
Joined
Sep 17, 2016
Messages
1,347
Supports
Blackburn Rovers
Not a lot compared to other "sugar daddies". And on shit mostly
Do United need a “sugar daddy”? If the debt is paid off and whoever takes over manages to get it running well, United will have loads to spend regardless.
 

croadyman

Full Member
Joined
Mar 9, 2018
Messages
35,295
Do United need a “sugar daddy”? If the debt is paid off and whoever takes over manages to get it running well, United will have loads to spend regardless.
Yeah with how much we need I do think so
 

red thru&thru

Full Member
Joined
Mar 2, 2004
Messages
7,657
Do United need a “sugar daddy”? If the debt is paid off and whoever takes over manages to get it running well, United will have loads to spend regardless.
You'd say Lfc are one of the best run non "sugar daddy" teams, and yet they still need a sugar daddy.
 

Giggsyking

Full Member
Joined
Aug 24, 2013
Messages
8,711
Do United need a “sugar daddy”? If the debt is paid off and whoever takes over manages to get it running well, United will have loads to spend regardless.
We are not that big in revenues anymore. We fell behind Liverpool and "city".
 

cyberman

Full Member
Joined
May 26, 2010
Messages
37,331
We are not that big in revenues anymore. We fell behind Liverpool and "city".
City is a lie and we still have higher revenue than Liverpool. That’s despite both clubs basically maxing out their income with how far they got in tournaments.
Then we have so many deals up for renewal soon so we’ll see a rise from that
 

Godfather

Full Member
Joined
Feb 18, 2007
Messages
30,086
Location
Austria
Do United need a “sugar daddy”? If the debt is paid off and whoever takes over manages to get it running well, United will have loads to spend regardless.
We need a new stadium, training ground and quality players. Good luck financing that all with our current revenues alone.
 

phelans shorts

Full Member
Joined
Jan 4, 2009
Messages
27,217
Location
Gaz. Is a Mewling Quim.
We need a new stadium, training ground and quality players. Good luck financing that all with our current revenues alone.
We don’t need a new stadium, we probably don’t need a new training ground (I’ve never been so I’ve no idea, just as I’m betting you don’t) so that makes everything a lot easier
 

macheda14

Full Member
Joined
May 22, 2009
Messages
4,668
Location
London
We don’t need a new stadium, we probably don’t need a new training ground (I’ve never been so I’ve no idea, just as I’m betting you don’t) so that makes everything a lot easier
We do (at least a huge refurbishment) and we do. Why do you think every report highlights these two areas as points of concern for potential owners?
 

tenpoless

No 6-pack, just 2Pac
Joined
Oct 20, 2014
Messages
16,498
Location
Ole's ipad
Supports
4-4-2 classic
We need players to start winning trophies. Facilities after that before we talk about a new stadium.
 

Godfather

Full Member
Joined
Feb 18, 2007
Messages
30,086
Location
Austria
We don’t need a new stadium, we probably don’t need a new training ground (I’ve never been so I’ve no idea, just as I’m betting you don’t) so that makes everything a lot easier
Well every report around points out that our training facilities are not up to standard anymore. And the stadium is in a tragic state.
 

Laurencio

Full Member
Joined
Jun 21, 2017
Messages
3,343
We need a new stadium, training ground and quality players. Good luck financing that all with our current revenues alone.
Stadium expansion: £800M
Increase in attendance: 40%
Increase in revenue: £41M
Loan costs over 25 years: £32M+ interests.

A new stadium would pay for itself.
 

Compton22

Knows that he knows nothing.
Joined
Jul 27, 2014
Messages
3,393
So what exactly is wrong with Carrington that it needs tearing down and rebuilding?

What exactly means Old Trafford needs demolishing?
Ronaldo has pretty much said Carrington is exactly the same as when he left it in 2009. 13+ years without any sort of improvement or modernisation for a club like United is criminal. Read up about what he said about the swimming pool as a prime example.

As for OT, if you've been there, you'll know it needs a massive refurbishing job at the very least!
 
Status
Not open for further replies.