The club will end up being Qatari owned in the future.
When will Glazers sell Man Utd?| Glazers sell some shares to Fund Manager
- Thread starter Paxi
- Start date
Hmm interestingly it seems that this Nick Train guy has bought shares from some Glazer members
In my opinion the Glazers wont' sell up until they think they cannot grow the asset anymore. They bought United (Club and Brand) for £0.8B and with its Global stock market floats its now worth according to Forbes, £2.86B.
If and when they reach a level where growth stops or the asset in value starts to 'plateau', and/or United really 'dip' do a Liverpool (sorry couldn't resist it) and go wandering in the football wilderness, then they won't sell.
If and when they reach a level where growth stops or the asset in value starts to 'plateau', and/or United really 'dip' do a Liverpool (sorry couldn't resist it) and go wandering in the football wilderness, then they won't sell.
I didnt know anythign about it until I read that fund manager's note, he used that same example to justify his prediction that Facebook, Google, Amazon or someone like that will end up bidding, meaning prices will surely keep up their upward trajectory. Which is actually insane, when you think about it.
The downside is its fast getting to the point where how much money we make will become almost immaterial when set against the prices clubs get for TV money and the cost of players. We'll be attractive from a prestige perspective but if PSG get away with what they did this summer operating without a billionaire backer, or better still a sovereign wealth fund, wont be viable. I doubt the Neymar record will stand for long. Unless, of course, FFP is enforced and PSG are made an example of.
It has long been rumored that not all of Glazer children want to remain owners of United and some of them might sell soon.
What I got from that article was that it makes no sense to think about "The Glazers" anymore. Since Malcolm died it is just a group of siblings holding shares, each with their own views about what best to do with them. So some of them will probably cash in and a good chunk of the shares will be free float but probably a large minority of them will be held by the remaining brothers who still see upside.
Yes, after Malcolm Glazer died its believed some family members did sell off shares, mainly to other family members who wanted to continue.
Recently there have been reports of Chinese interests in buying some shares in United, but this does not seem to be a take-over bid, but seems to be the Chinese buying into a top PL team to see how its run and to get the privileged PL 'information', to help them build up their own PL. Don't forget the Chinese plan in 50 and 100 year cycles, not like the Western democracies they don't have to bother with elections every five years of so!
Chinese govt had restricted the Chinese companies from investing in sports outside China, I still think it'd be more likely that we'll be overtaken by some middle eastern group.
https://www.bloomberg.com/news/arti...ts-overseas-investment-in-push-to-reduce-risk
Yep, it is an interesting take on it re Facebook et al and the soap opera that keeps on giving.
I share your concerns about the bubble though, particularly after this transfer window. If clubs start getting in trouble, left, right and centre, it would tarnish the underlying product, the EPL.
NT is an astute buy and hold investor -that was the first new stock he'd bought for the trust in two years!- so he's in it for the long haul.
Would assume he has voting shares if they are from family, rather than the free float. Not clear how many he bought and it would be interesting to know what the breakdown of ownership of these shares is now, given the family has sold a chunk of these.
I'd seriously sell if I were them now. Obv to an utter mega tycoon or rich state ofcourse!
Only way we'll compete.
Only way we'll compete.
Maybe a foreign head of state will make a YUGE offer!
They won't sell. They are making too much money off United.
Miami Dolphins haven't won anything in decades and yet they are a global powerhouse when it comes to monies.
It's hard to see when our spiral downhill will stop but we continue to make them rich.
Miami Dolphins haven't won anything in decades and yet they are a global powerhouse when it comes to monies.
It's hard to see when our spiral downhill will stop but we continue to make them rich.
£600m spent post Ferguson.
I don't see this as being their fault (except for appointing Moyes, or allowing it to happen).
I don't see this as being their fault (except for appointing Moyes, or allowing it to happen).
We will continue to fall further behind rivals with them as owners. Other elite clubs in europe exist to win titles and we just fill their pockets.
They trusted Ferguson. Not sure what else were they supposed to do?
Think Woodward has to take some of the blame. He's in effect our Director of Football, we've had 2 managers fail, one potentially heading that way with £600m spend and not sure how many were value for money.
Personally, I don't think they'll fancy spending 200million each year to keep us challenging.
They won't have to, about 100 to 150 most likely, then they'll just live off the club's name if we become a 5th to 7th placed team.
Rather finish 6th than being funded externally by "questionable" money. Like certain clubs. Maybe Bill Gates can buy the club as one of his charity projects.
That’s cheered me up no end. Thanks. Only saving grace is that success on the pitch has a much higher correlation with success off it in football. So can’t take it to Dolphins extremes
Think you mean tampa bay bucaneers, but yeah same principle applies
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Football isnt directly comparable to NFL. It's a closed 'system' where teams cant really fail, as you're always in the NFL no matter how bad and if you're really bad you get the pick of the best players in the draft. In football, for example, a few years away from the Champions League can really hurt a club's finances and image (just look at AC Milan), which has a knock-on effect on sponsorships.
If the Glazers are going to make an exit, now might be a good time.
If City keep up their current form, a lot of the far-flung fans on whom United's profile is based will switch allegiances and the value of the club will fall.
As Ogden said in his piece for ESPN, they got it catastrophically wrong in not reinforcing back in the 2009-11 period and now they're reaping the consequences. It's going to cost hundreds of millions to return the club to the top of English, let alone European football. Why not just cash out now while the club's value is still high?
If City keep up their current form, a lot of the far-flung fans on whom United's profile is based will switch allegiances and the value of the club will fall.
As Ogden said in his piece for ESPN, they got it catastrophically wrong in not reinforcing back in the 2009-11 period and now they're reaping the consequences. It's going to cost hundreds of millions to return the club to the top of English, let alone European football. Why not just cash out now while the club's value is still high?
Agree with this. The Milan clubs are also-rans now.
Considering the investment the club needs (players, youth setup and stadium upgrade) there is no way somebody will pay the current valuation.
I think Suadi government is looking for a club in English division, Glazers should sell United to them so we can spend whether we want and will outspend PSG and City in the transfer window, especially given our financial revenue advantages and to able comply with FFP rules. Approximately £320m of our almost £600m revenue come from United's operating cost without tranfer window spending included and have 250-280 left to spend annually, that all money can be spent on the transfer window. Saudi will help it since they won't care about profit. City and PSG's limit is 150m compared to us 250m to 280m.
Yeah right. One of the biggest sports clubs in the world. If this club is for sale it would be sold to highest bidder in less than year for at least 4 billion. Alibaba and China would come cash ready.
I'd say if anyone buys us it would be Saudi's. Qatar and UAA have their vanity projects. It won't be long before Saudi's get in on the act.
If I was them I'd sell. With the transfer fees these days and the lack of attractive football and major trophies. I'd get out. We're not growing a fan base unless our fans have kids atm.
FFS, Qatar had an interest in United to purchase it for 2 billions, that was before Qatar purchased PSG. We better not reject Saudi next time because we need them so bad.
I'd sooner see us insolvent than owned by them.
I don't think, we could have paid all our debt off in 1 years if we want to but all the money for transfers window will be gone if we choose to wipe out all our debts completely off, I thought it would be good in long term especially we can get 50m extra every season on top of 150m set budget meaning we don't have to pay instalments payment loan, it'll free more of our spending.
We draw to Southampton and people are already clutching at straws, ready to sell their soul to the devil. 
They were supposed to be a red cafe genius
Careful what you wish for, they'd likely sell to another leveraged buyout without a second thought if it meant the most profit.
Looking at the trends of player prices growing exponentially, the period of low investment post 2009-2013 has hurt the club massively. We could’ve have got talents then for a fraction of the price we’d have to pay now.
It’s not as fanciful as it seems, they’re restructuring as a country or state and they’re looking at the more moderate models of the UAE, where they need to look beyond oil to fund their future well being and what with this connection with United who knows. Whether this is would be a good thing or not, who knows.
I don't think we need an investment, we just need an owner who doesn't care about the profit and push our transfer spending to its full potential amount of money we can spend in the transfer window.
Taking from Ycharts source about United's operating cost is $640m (£475m) that include transfer windows spending and loan payment instalments, that's 79% spending ratio to our total revenue, the likes of City/PSG have a limit due to the FFP rules, they're at 99%, we're at 79% if we had to choose to be at 99% operating, we would have outspent PSG and City by at least extra £125m net so Suadi owner don't have to worry about making investment to fund club like United but at least they can push us to its full limit and probably sponsors their companies on United's seleves for 50m or whatever how much they want to pay for it, that's little investment, they don't have to invest hevily unlike PSG and City those owners invested heavily in first few season and sponer them with many companies that related to the owners because they don't have a strong finiancal like us and need to strengthen their finiancal to comply with FFP
If we have Suadi owner, it's all over for every big club, nobody would be complete with us in financial for the transfer window.
United have a few connection to the Saudi government, especially recently agreement - United is helping general sports authority of Saudi Arabia to help develop football industry in the country. I hope it is hinted that Saudi might be interested in buying United.
Wow..... just wow at some of these comments... 