Stephen howson on the other hand understands foreign fans well. Especially the location of their pockets
That's surely satire? Taking the piss out of Piers who did the same.
It is satire but there's some saddos who have an unhealthy agenda and hatred against him
How on Earth anyone gives this fella any air time I’ll never understand, every time someone shares something of his I just see an absolute prat with zero clue about football.
Satire my arse, barely heard of the fella before everything with Ronaldo but he’s clearly a Ronaldo nut, so there’s feck all “satire” about it.
Its satire
Cough up £6billion and bet you'll have a proper say.
I'd say it's unhealthy for the club and its fans, that the person with probably the largest SM presence is a toxic bellend.
Unfortunately, it's not "our" club. It's just not how it works.
Jokes are supposed to be funny, he isn't.
It's cringe to be fair, don't know why people believe these guys have an inside information.
The problem is that he's so accidental Partridge that you don't know if he's being serious or not 99% of the time.
Exactly, he does not possess the intelligence to be satirical.
The fact you're trying to make it seem like it was not a joke says more about you than about him
Why not? Glazers literally have take millions dollars from the club every year since they took over and now sell 10 times price.
The Glazers would have to settle the debt before they leave.
I think it comes down to this:
I agree that any investor would have to be crazy to act simply as a lender to the club, with no controls in place. That is presumably why the Saudis walked away from the mooted £700m deal for 30% of United in 2019. The Glazers would have to sacrifice some voting rights (or provide a clear path to full control & ownership of the club in future for the investor) - they evidently weren't willing to do this with the Saudis, but perhaps their appetite has been whetted somewhat, now that the scale of the expenditure required to refurbish Old Trafford & Carrington has become clear.
Whether it ends up being a full or partial sale, the buyer won't be expecting any short term financial return on their investment. They will be hoping that the value of these clubs hasn't yet peaked and that they can flog their shares in United for a handsome return five or ten years down the road (probably once European Super League mkii has taken off).
Would they? Not necessarily, right? The debt is the club's, not the Glazers'?
THat depends on who the buyer is. A genuine fan like Ratcliffe wouldnt care too much about resale, nor would the oil states. Private equity or US owners likely to be much more focused on ROI and exit routes.
He’s a Chelsea fan!
Well unless you're going to buy the club then it's not your club
yeah, it doesn't really add up which is why oil money is more likely
I think the value would be in asset appreciation over the long term, especially if a new state of the art stadium is built. Obviously web3 and digital opportunities exist, and their could be potential in tv broadcast rights and revenues, for a medium term return but I think new owners would be in for the long haul, now just taking dividends like the Glazers have. You would hope that the debt will be cleared by the selling price but that’s not a given.
He’s 13
He's not, you are wrong. Born in Bury, used to stand in Stretford End, was there for the Bayern Champions League final.
The debt sits on the club, it would need to be paid off separately by a new owner after they buy the club, should they choose to do so.
Gave up going to United for a Chelsea season ticket?
I imagine the debt would be settled in with the price, as opposed to giving the glazers 6-8b before paying off the debt.
I get that’s the responsibility which is passed to the buyer, but would it not be negotiated as part of the sale price? Surely nobody will buy the club for 6bn for the pleasure of paying the Glazers 1bn debt while they stroll off laughing at how much free cash they have generated?!
Failsworth.
Im not sure how it works. They took a loan to buy the club in the first place. The Premier league fit and proper test should retrospectively fix this with a stipulation of the sale in my opinion.
They cant 'fix it'. The debt is a legal liabiltiy of the club. Up to the new owners what they do about it.
If you are relying on a Daily Star article you need to read more. Ineos/ Ratcfliffe have tickets/ boxes/ debentures for lots of sports and music events. He is not a Chelsea fan
As you say, the debt is the clubs. However, the banks have given the debt on the back of the owners. The banks feel they are "good" for the money they have lent. The banks wouldn't necessarily feel the same about the new owners.
Because he lives in London and presumably is too busy to be commuting to Manchester for matches.
