They will overtake us this financial year and will also pull further ahead next year (failure to qualify for the UCL for two consecutive seasons wipes a third off the value of our Adidas kit deal due to a clause in that contract).
Swiss Ramble on the Glazers
- Thread starter Pogue Mahone
- Start date
Funny how they defend glazers but don't do the same for Everton owners who are basically a lesser equivalent of us that they spent big sums and get nowhere and even Ancelotti struggled massively in charge.
Better management, they can get more from sponsorships now. Liverpool are more attractive from a commercial perspective right now.
United has a bigger fan base but they're a laughing stock that can't finish in top 4. Liverpool you have Klopp and very marketable players.
United sponsors like Adidas won't want to pay more than they pay Liverpool in the coming years.
I don't think it would be hard for United to pull ahead but it would require new owners that actually care about football and winning, and gutting the club for the right structure.
Yes that's right. They only changed their rules when a London club was involved. But Burnley's case was absolutely cited as part of the reason FOR those rules to be looked at. I don't think it would be allowed today.
That’s an idea.
If we could get Fergie to basically call the Glazers a virus, Rio, Gary Neville, King Eric, all of those legends to call out the Glazers, demand they sell the club, couldn’t the movement United behind them? I know they get paid as directors, but surely, this has gone too far.
By the way, most clubs are purchased through leverage / loans. There seems to be a lot of hand wringing in the Caf about the way the Glazers bought United. It wasn’t the fact that they financed the purchase. It was the terms of the financing plus the way they listed common shares later on, that was a bit nefarious. Most billionaires buy clubs not with cash but with a loan, which are in turn secured by assets. The only difference is when a hedge fund or venture capital firm buys a club, they may do so with cash, but this is essentially from limited partners, not the managing partner’s own money.
my biggest issue with the Glazers is the lack of leadership from the owners of the club in building an organization that is world class. We’ve fallen behind in every way from the top 6. It’s a disgrace.
Getting Fergie and Gill to publicly turn on the Glazers would be massive. Sadly, it seems they would rather continue to stay silent and take the money.
It’s just all too depressing and they ain’t going anywhere soon unfortunately, also if any cvnts on here dare try to defend these abhorrent fvcking pond life then they should be banned immediately
Winning and competing attracts more fans and more sponsorship. Our lots are struggling to grasp that. They are happy with any old sponsorship deal rather than getting the really big boys. Also as has been mentioned guaranteed CL money each season.
Well I don't know, the clauses in the Chelsea takeover were specifically called the Glazer clauses, not sure why they couldn't have been introduced for Burnley (I hope they don't have to endure the same mess we do).
Just feel the FA and the government have willingly overseen the decimation of a national institute! It may sound a little much, but we were the pinnacle of English football at the time, not long coming off a treble etc only to be sold off to leaches with no apparent "fit and proper" test.
Makes me sick.
But that's the beauty ... its no effort ... you can do it while watching TV from the comfort of your home. You don't even need to organize. You don't even need to disclose who you are.
Imagine being the head of communications or head of facilities and having to go to Gorman (Morgan Stanley), Solomon (Goldman Sachs) and Dimon (JP Morgan), and tell them that the reason that the head office's lines are jammed is because they got 1,000 calls today all asking for the bank to find a buyer for United. Just like the 1,000 calls they got yesterday. Just like the 1,000 calls they got the day before. Big banks would at least look at a possible deal. This would be covered by both mainstream media as well as business media. This would most certainly be covered in the US.
Edit: Again check your local laws on cold calling.
Anyone reading that thread and defending the Glazers can simply feck off to Florida with them and Trump.
Anyone not reading it should probably spare us their 'opinion'.
Anyone not reading it should probably spare us their 'opinion'.
Blimey, that's an eye opener in a lot of ways. The particular surprise for me was recent commercial performance vs rivals. Leveraging united's marketing potential was the only area in which I thought they'd done well and it looks like even that was only par and now diminishing. A sobering read.
We could’ve had a new stadium for that money. Or significantly upgraded OT and had plenty to spare. Or 5 Neymar’s.
The Glazer causes were put in by the club/Roman, not the government, i think?
Feck those leeches. But they are not selling anytime soon. They made some stupid promises they won't keep but that was enough to stop the riot. And apparently we are getting some fresh lick of paint at OT so all good.
Interesting, I didn't know that, thought it was the government as they were the ones forcing the sale etc, suppose it was nice of Roman to do that for Chelsea, saves them massively.
You’re probably right. Goddamn money is fecking evil sometimes. You’d think Sir Alex would finally say “enough is enough” and come out with a statement.
you don't need an account. Just click on the link and accept cookies. I don't have one either and was fine for me.
How rich do you need to be?
As you say, at some point he's surely got to take issue with them shredding his legacy and ruining the club. But perhaps not.
One of the things with (sufficiently) rich people is they care about their ego i.e. name and legacy.
It appears Sir Alex does not consider himself sufficiently wealthy. Disappointing tbh.
SAF has given a few talks and interviews post-retirement hasn't he? Has any journalist directly confronted him over the Glazers issue? Highly doubtful that he'd have mentioned anything, with him holding an official position at the club, but still...
Give the old gaffer a break. He's had a major health scare and it's a miracle he still alive. Problem lies solely with the execs that are running this club to the ground.
Ignoring the money they've taken out, it's incredible the financial advantage we had particularly in the 2014-2017 period and how badly they've messed it up to the point City and Liverpool have taken over.
just confirms success on the pitch trumps everything
He's on the payroll. This is my personal opinion but if I had a major scare, I wouldn't be hanging around like him or I'd would want to be able to speak freely on the thing I spent 25 years building.
That's just me though
It's a damn shame. We could have built quite some team if we'd spent that money wisely. There were very few clubs at the time that could compete with us financially. Now it's all gone.
It doesn't matter if we get FDJ or not. With these succubus cnuts at the helm, we are doomed.
The ride apparently never ends.
Feck me, that thread's a bleak read, and that's before you get to the sale of shares bit which just lays it out that the Glazers have drained over a billion dollars out of the club, while leaving us saddled with virtually the same amount of debt we've had since they took over.
I've no idea where this is all heading but the club cannot be run as poorly as their US football team has at times without there being dire consequences.
Feck me, that thread's a bleak read, and that's before you get to the sale of shares bit which just lays it out that the Glazers have drained over a billion dollars out of the club, while leaving us saddled with virtually the same amount of debt we've had since they took over.
I've no idea where this is all heading but the club cannot be run as poorly as their US football team has at times without there being dire consequences.
So what if he's on payroll - it's Murtough and Arnold that essentially make the final decisions. If they want to make SAF the fall guy for their own failures - then feck them.
I was looking at the club's accounts from 2004 before the Glazers took over and even then we took out 35% of the club's earnings per share as dividends so it's not just the Glazers who've been taking money out of the club. It seems like the business model of clubs started to change when Roman took over Chelsea and started putting his own money in then with the City owners doing the same.
Yep it was RA that dictated the terms and conditions and to be honest he did the club proud in many ways . Please don’t read that in any way suggesting that his being sanctioned was wrong.
Those shares were spread about though as would be the dividends. This lot own a majority of the shares.
They have basically set SAF and the others who were assembled for that "consultancy" thing by Arnold as scapegoats in a way. They are providing views and insights. Its not really working.
I love how for a decade they put a complete ignoramus in charge of transfers AND the commercial side, and how he is gone the owners are deciding who to sell and vetoing Ronaldo's sale.
If the Glazer family were Liverpool fans who secretly set out to undermine this club in 2003 and ruin it from the ground up I genuinely don't think they would have done anything differently.
If the Glazer family were Liverpool fans who secretly set out to undermine this club in 2003 and ruin it from the ground up I genuinely don't think they would have done anything differently.
Referencing that thread from a couple of weeks back:
In hindsight, allowing his loyalty to be bought by the Glazers will end up being Fergie's biggest mistake, as it relates to the wellbeing of Manchester United Football Club. No question about, really.
The leeches have destroyed any and all advantages Fergie built throughout his decades at the club.
Excellent assessment.
The worse in all of this is that the writing had been on the wall for a while when one looks at the Glazers' management of the Tampa Bay Buccaneers. Between 2003 and 2019, the Glazers basically destroyed the legacy of their first Super Bowl title instead of building on it. If it wasn't for the lucky signing of Tom Brady (GOAT in his discipline) and Rob Gronkowski in 2020, their NFL team would still remain shit on the pitch while suffering more of the same issues that have plagued Manchester United in the last decade. You can find a bunch of rants from Buccs fans pre-Tom Brady on Twitter, and the same themes would overlap with United's problems over and over again.
The way they operate is just peak crookery. There is not one day when I wish that they get caught by the IRS or the FBI for illegal financial activities; that would precipitate a sale.
'Although Ed Woodward once argued, “Playing performance doesn’t really have a meaningful impact on what we can do on the commercial side of the business”, we have seen that this isn’t really the case.'
It is astounding that a group of intelligent, successful financiers and bankers didn't/don't understand such a basic concept especially when they own/run one of the worlds biggest football clubs. It explains a lot unfortunately. Just keep them ticking over. I expect it's an attitude that will never really change in Glazerland.
It is astounding that a group of intelligent, successful financiers and bankers didn't/don't understand such a basic concept especially when they own/run one of the worlds biggest football clubs. It explains a lot unfortunately. Just keep them ticking over. I expect it's an attitude that will never really change in Glazerland.
The sad part is that the Glazers could have even extracted more money from the club, if they just managed the club better and made sure the club was successful on the pitch, which would have meant greater and historic levels of revenues and then more dividends for them, they even fail as businessmen!
Imagine if United were successful in the period 2016 till 2019 (assuming the Glazers managed to do some work to restructure the football club between 2013-2016), if the club was successful in that period, I bet the annual revenues will easily be closer to the £1bn mark (without being successful, United got record revenues of £627.1M in 2019), as I said the Glazers aren't only leechers who sucked out millions out of the club, but they are shit businessmen who know nothing about how to maximize profits.
Imagine if United were successful in the period 2016 till 2019 (assuming the Glazers managed to do some work to restructure the football club between 2013-2016), if the club was successful in that period, I bet the annual revenues will easily be closer to the £1bn mark (without being successful, United got record revenues of £627.1M in 2019), as I said the Glazers aren't only leechers who sucked out millions out of the club, but they are shit businessmen who know nothing about how to maximize profits.
Almost certainly another £22.5m knocked off next seasons revenue then, on top of no CL money.
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A damning indictment of the Glazer Era.
I have no doubt that Joel and whoever the other Glazers are understand that success on the pitch means more money in their Florida bank accounts, but it's clear that they did not appreciate how competitive other clubs would become in the annual chase for CL qualification. By 2015 or so it was clear City were here to stay for a long time, but 2018 or so it was clear Liverpool were here to stay for a long time, they should have always understood that Chelsea were always going to be a top four club, and by 2020 or so it was clear that Tottenham were always going to be in the hunt for a top four finish. And now it's clear that Arsenal are in the hunt for a top four finish. We just can't just show up and assume that fourth place was ours by divine right, which the Glazers were clearly banking on.
I have no doubt that Joel and whoever the other Glazers are understand that success on the pitch means more money in their Florida bank accounts, but it's clear that they did not appreciate how competitive other clubs would become in the annual chase for CL qualification. By 2015 or so it was clear City were here to stay for a long time, but 2018 or so it was clear Liverpool were here to stay for a long time, they should have always understood that Chelsea were always going to be a top four club, and by 2020 or so it was clear that Tottenham were always going to be in the hunt for a top four finish. And now it's clear that Arsenal are in the hunt for a top four finish. We just can't just show up and assume that fourth place was ours by divine right, which the Glazers were clearly banking on.