stw2022
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Hasn't he confirmed he's interested in buying the club every 20 days since Easter?
It's like when you buy a house - you don't look at it like spending 500k or whatever, financially it's an asset. So an owner doesn't have to look at the club as a yearly income thing. The amount the glazers withdrew is not much compared to the profit his company makes. It's better to just look it as an asset that grows over time. So if in 20 years they want to sell, they would want to earn a profit at that point on their original investment.I wonder if this is a good deal for him, before a bob is made , if the sale goes ahead he could be 5b down, hes a business man so like most, needs to make money, stadium upgrade and as well yearly squad upgrade, hard see how he makes that money back, in saying that, i live in a small house and hes one of britians richest men so he has looked at it,
Looking at the other candidate as long as he doesn't take money away from the club it should be the best case scenario.Tweet
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Last time he said he would be interested but the club wasn't for sale.Hasn't he confirmed he's interested in buying the club every 20 days since Easter?
Ah yes the other oil government's want to buy the club for the betterment of mankindHe’s not really a fan, he’s a businessman interested in profit. Not keen on the idea of him/Ineos being our owners.
Apparently this time he is Actively looking to get in the bidding process (Sky).Hasn't he confirmed he's interested in buying the club every 20 days since Easter?
On the plus side, INEOS are polluting the planet, and want to get away with it more, so hopefully it means the "oil state" moaners can't use oil as a reason to complain, and have to admit what they mean by "oil state" once and for all?Any positives besides he's British and a United fan?
I was thinking how ironic it is reading posters criticize oil states yet promote somebody who’s whole business relies on oil to produce the goods he sells.On the plus side, INEOS are polluting the planet, and want to get away with it more, so hopefully it means the "oil state" moaners can't use oil as a reason to complain, and have to admit what they mean by "oil state" once and for all?
It'll be interesting to see what their intentions are, probably going to end up with the club owing them a ton of money in loans (still better than the shite we have right now). INEOS Old Trafford is probably an obvious one. INEOS logo would look good on the shirt but not sure they can do that. Clearly I'm an expert on the subject.
As long as they're not the Glazers, asset strippers or human rights violators I'm happy with whomever takes over. INEOS, Dubai, Niall, even Elvis would be preferable to the wankers we've had choking the club to the point of suffocation.
Niall would be my favourite by far.On the plus side, INEOS are polluting the planet, and want to get away with it more, so hopefully it means the "oil state" moaners can't use oil as a reason to complain, and have to admit what they mean by "oil state" once and for all?
It'll be interesting to see what their intentions are, probably going to end up with the club owing them a ton of money in loans (still better than the shite we have right now). INEOS Old Trafford is probably an obvious one. INEOS logo would look good on the shirt but not sure they can do that. Clearly I'm an expert on the subject.
As long as they're not the Glazers, asset strippers or human rights violators I'm happy with whomever takes over. INEOS, Dubai, Niall, even Elvis would be preferable to the wankers we've had choking the club to the point of suffocation.
Guess it was only a matter of time before the public lobbying began.
He hasn't done much at Nice and he might not be rich enough to do the type of overhaul many want.
Any positives besides he's British and a United fan?
I've said it before but my only concern is that he would struggle to arrange £5 Billion in liquid assets, as he doesn't deal in currencies smaller than £10 Billion notes, and those ones are exclusively for lighting his cigars.Niall would be my favourite by far.
Not worried about any lack of investment to be honest. We're at a stage where if we don't invest in the team and the stadium the value will go down over time. Who's going to throw 5 or 6 Billions just to watch it turn into 4 or 3? Add to that the negative publicity that will follow from the fans backlash. What the Glazers have managed to do with the club can't be repeated now. I think our value peaked and the next phase requires a different approach.Honestly not convinced by him.
Would need written confirmation that he will spend at boehly levels before even entertaining a bid from him.
There’s a quote around here (maybe in the take over thread) from Sir Jim about the Glazers being ‘dumb money’ with the way they have invested in the playing squad.My worry with Ineos isn't so much the money but more are they capable of putting the right people in place at the club,if they could show evidence of being able to do that I could get fully onboard
Look at the shit job that he’s done at Nice. He’s no better at running a club than the Glazers.The task is not rocket science for Jim and co neither. We already got the right manager.
1. Buy United
2. Get in Van Der Sar / hire competent people
3. See results on pitch echo into commercial revenue
4. Profit
… and renew the stadium
I'd be very surprised if the price is anywhere near £5b. No club goes for that sort of price, Chelsea was £2.5b with a commitment to £1.75b in investment. AC milan went for about £1b last year or the year before.I wonder if this is a good deal for him, before a bob is made , if the sale goes ahead he could be 5b down, hes a business man so like most, needs to make money, stadium upgrade and as well yearly squad upgrade, hard see how he makes that money back, in saying that, i live in a small house and hes one of britians richest men so he has looked at it,
Q1 of the calender year or Q1 of financial year?So am I to understand that these deals are in fact done in the press?
OK, I'll stop now.
Factoring in chelsea lost 900k a week in the Abramovich era, the sale was being done under duress and they dont own their own stadium - 2.5bn is probably a low benchmark.I'd be very surprised if the price is anywhere near £5b. No club goes for that sort of price, Chelsea was £2.5b with a commitment to £1.75b in investment. AC milan went for about £1b last year or the year before.
Given the debt pile, the macro conditions and that broadcast incomes have likely neared their peak (hence the glaze'rs looking to sell), fair value is probably around the current stock market cap, £3.7b, which when you factor in the debt is closer to around £3b.
He'll likely be borrowing to buy it if he does, he's a specialist in doing deals and getting value out of them.
It's state backed clubs which are ruining the game. Whether oil funded or otherwise.I was thinking how ironic it is reading posters criticize oil states yet promote somebody who’s whole business relies on oil to produce the goods he sells.
In fairness I don’t think it’s the oil they object to, so much as the murder, homophobia and misogyny etc…I was thinking how ironic it is reading posters criticize oil states yet promote somebody who’s whole business relies on oil to produce the goods he sells.
True r.e the stadium, that does add value, and United is a bigger brand (though Chelsea is London).Factoring in chelsea lost 900k a week in the Abramovich era, the sale was being done under duress and they dont own their own stadium - 2.5bn is probably a low benchmark.
£4bn for United makes sense and with a number of interested parties that arent just consortiums (states, tech companies etc) - I dont think 5bn is beyond reach. Pretty sure some US sports teams have been valued in this range and united is always up there with them in terms of global valuation.
I also think that tv revenues havent peaked. Sports tv channels maybe topping out but the streaming services (apple, amazon) will likely provide the next leg up.
Add in the possibility of some kind of breakaway situation (europe or domestic) where collective bargaining tv rights might be supplemented by allowing clubs to sell virtual match tickets (think 3d 360 camera in a seat in the stadium for a vr experience) I think theres plenty of reason to think there’s growth to be had for the league and each team in it.