They bought the club by taking a loan and made the club pay for it. They didn't spend a dime and own a 4 billion dollar club. They are f***ing wizards who can make money out of thin air.
Guardian: Manchester United lose £200m training kit deal over fans’ anti-Glazers campaign
- Thread starter Samid
- Start date
-
In the latest episode of the United Hour Podcast, Nik (@Rood) is joined by CEO Duncan Drasdo and Financial Director Andy Green from the Manchester United Supporters Trust for a special episode on all things behind the scenes at Old Trafford including a brief history of MUST and their aims today, views on INEOS and Sir Jim Ratcliffe so far, and the Old Trafford regeneration.
Why didn’t we protest outside Martin Edwards house?
Well thats Kane and Haaland off the transfer list definitely then
But I doubt they were on it in the first place anyway.
But I doubt they were on it in the first place anyway.
Loans secured against the club. Fail to pay those loans and they still have their American Sports team.
We’ll be an asset seized by money lenders whose names we will never know who are absolute vultures who won’t give a toss how many games fans threaten to postpone when they sell players, auction off the stadium and do anything they can to get as high a return over a shortest period of time possible
Either that or a billionaire with a halo nobody knows the existence of yet
Google didn't exist then
No I hate the Glazers but I know the next owners wouldn’t be any better. Glazers out wont solve anything. Fans should use their position now to put some pressure on them, force them to communicate to supporters and consider their opinion. I think they have realized that they have to stop ignoring us, which is a good thing but destroying the club just to kick them out would be awful.
As said above, though, they would sell before it got to this. Or do you think they'd prefer to forfeit their multi billion pound asset instead?
like, how?
in case you forgot, the Glazers engineered a move that would have severely damaged English football only a few weeks ago. Potentially damaging the game worse than anything in it's 100+ year history
how can you possibly know the next owners would be worse than that?
Sell to who?
Why on god’s name would anyone buy a club thats going to cost billions, fans threatening your security if you make a penny out of it and sponsors running a mile because they fear the second you do something the fans dislike they’ll be targeted.
The logic is remedial. Think about how unattractive we look as a business given we’ve spent nearly £1bn in transfers over the last decade and still we are protesting.
Why the feck would anyone want to buy that? Why after fifteen years have we not been able to name one person with the slightest inclination to own us yet for some reason in the world we all just say “oh someone will buy us” glibly and believe this assumption based on nothing will save us.
At what point will people want to see these imaginary benefactors before deciding risking the clubs collapse on the off chance of their existence is a good idea . We’re not a blouse on eBay. Business go under because of struggling to find buyers ALL the time.
Last edited:
Believe it or not the club remains an attractive proposition. It's made the current owners a very nice packet and would continue to be profitable of it changed hands. Yep, we've spent a lot of money and some of it very badly. I would have thought though that any prospective buyer would look at the transfer outlay and feel that that would be one area in which they could get better value for money immediately.
Yes, valued at the sum those greedy parasites are quoting at the moment then we're unlikely to attract buyers, but if the Glazers are backed into a corner and their minds become more focused on the necessity to sell then watch that price drop. If the price is right, we certainly wouldn't be short of suitors.
11 other clubs were involved in ESL, there was only a few big European clubs who didn’t want to join. Bayern, BVB can’t ignore their fans because they own 50% and we don’t know what PSG wanted, maybe they just didn’t want to join before the World Cup. So it’s safe to say that most of the owners who didn’t have to consider fans’ opinion wanted to join. What makes you think our next owners would be different?
I don't know if the next owners will be any different, but so what?
it's like biting into a rotten apple and finishing it because you don't know if the next apple is rotten or not
If all the other apples were equally as rotten or part of a murderous regime of apples, then yes. Otherwise, no.
The next owners whoever they end up being will have taken note of the fan expectations. The noise being made by the fans now will help the club in the future.
Know, this apple probably already learned that you won’t finish it it’s rotten and they will try to ve less rotten. Ok, rotten apple won’t change but rotten people can be forced to consider their customers if it’s in their best interest. Which won’t make them nicer people but their decisions can be better.
Oh that’s nonsense you only have to look at those excited by the prospect that we’ll be taken over by the likes of those so run City and Chelsea - owners that also took their sides into the ESL - to see that’s just been an excuse.
I’m sorry but have you ever watched the news?
Businesses with much higher potential profitability and much lower selling price go under routinely in sectors that are much more appealing to investors and entrepreneurs than sports team ownership
The ignorance is stunning but also terrifying when you consider what’s at risk on the off chance people who think buying a club is as basic as buying a Twix are naïve in their assumptions
Do you want a list of businesses more profitable than us, in sectors more investable than us, that cost far less than we will, who have gone under over the last 20 years due to not finding a buyer?
“Won’t happen to us because if it does we’ll turn the Caf green and gold, which is bound to do something “
I'm getting confused by my own apple example now, lets move on
you completely ignored the question
You're ignoring the fact that sports club ownership is more appealing as a lifestyle purchase. A status symbol, if you will. And yes please, to the list.
Whats the right price then? You're dreaming if you think there are interested buyers at 4bn. Halve that number then maybe it would look like an attractive investment, but have you considered the level of damage that would have to be done to this club in order to get there? How badly it could affect the quality of our football team?
Let's stop kidding ourselves that we are going to find an owner that doesn't want to receive any kind of a financial return from their investment, and that ultimately means that the financials will end up looking remarkably similar to what they do now. Let me know where and when the protests against the next owners will be.
The Founder of Spotify is about to bid close to £2Bn for Arsenal take note ARSENAL who've been even worse than us over the years. If such a failing franchise can warrant such a huge bid someone can be able to bid something similar for Utd there's lots of Billionaires out there we just dont know them yet
Arsenal FC is not a 'franchise'.
Because they bought low and will sell high - which isn't an option anymore, and because they take dividends - which the fanbase are trying to make clear is not an option if you want to avoid fan unrest
also ignoring the fact that if there are so many better businesses available, then the Glazers could just sell us and buy one of them
they are only in it for the money, after all
They could sell at significantly less than four billion and still make a nice ROI.
Excellent point.
They could, but they won't. Obviously
Why are people talking about other billionaire owners? The whole point of this is surely to give fans a say in the running of their club in the short-term followed by a gradual transfer of shares with actual voting rights into fan group hands over the long term? The former means no owner can just decide to plonk Old Trafford in Australia because it’ll make more money in TV revenue - and the latter means we can ensure football and the wider community always comes first before the business side rather than the other way round. If you listen to Andy Mitten and MUST et al they don’t want us to just be sold to another billionaire - that isn’t the end goal - we’d just be in the exact same position as now but under a new name. Over the last 10 years Manchester United have managed to deal with the Glazer debt, the interest payments, the dividends, the consultant salaries, pay over a billion on transfer fees AND post a profit. We don’t need a billionaire - it’s an absolute colossus that can stand on its own feet - we’ve still been competitive even with the Glazers cutting off one of those feet.
20m a year is small change in the grand scheme of things at the club.
No sure how threatening sponsors and making the club lose money is a good idea. For sure the Glazer's will just spend even less on the club and players and keep taking the same money out.
You have a club where the owners don't spend, no money coming in and then the debt, it's not an attractive business for anyone to buy. Keeps going like this and the club will end up in a position like Newcastle.
No sure how threatening sponsors and making the club lose money is a good idea. For sure the Glazer's will just spend even less on the club and players and keep taking the same money out.
You have a club where the owners don't spend, no money coming in and then the debt, it's not an attractive business for anyone to buy. Keeps going like this and the club will end up in a position like Newcastle.
Which goes back to the bed for action to force their hand. This argument is getting circular.
Selling a business during the middle of a global economic downturn should be piece of cake.
Also let’s completely ignore likelihood that they’ll sell the club off asset by asset as tends to happen all the time when there’sa hasty sale.
No what’ll happen is one day soon we’ll cast our eyes to the sea and there he will be walking towards us, the mysterious Red Knight, with a briefcase of readies who’ll announce he’s banished those evil trolls forever in a land far from here and he will gift control of the club to the fans and refuse to have any involvement except allow us all to use his account for buying any player we want and upgrade the stadium
Bound to happen. I’d say the risk the club could join the hundreds of businesses who go under for though not finding a buyer when owners are placed under financial pressure to sell is worth it, so we can get this magnificent mythological Angel to save us
Might be fun to speculate if he’Il have a beard. Anyone want to join me on Discord to discuss?
Also let’s completely ignore likelihood that they’ll sell the club off asset by asset as tends to happen all the time when there’sa hasty sale.
No what’ll happen is one day soon we’ll cast our eyes to the sea and there he will be walking towards us, the mysterious Red Knight, with a briefcase of readies who’ll announce he’s banished those evil trolls forever in a land far from here and he will gift control of the club to the fans and refuse to have any involvement except allow us all to use his account for buying any player we want and upgrade the stadium
Bound to happen. I’d say the risk the club could join the hundreds of businesses who go under for though not finding a buyer when owners are placed under financial pressure to sell is worth it, so we can get this magnificent mythological Angel to save us
Might be fun to speculate if he’Il have a beard. Anyone want to join me on Discord to discuss?
At which point, there will be a queue of people lining up to buy the club.
Or the club would go into administration and that would be the quickest route to 50+1.
I don’t think you realise how willing people are for the Glazer owned club to burn to the ground so something great can rise in its ashes. It’s an abusive relationship right now, with the Glazer’s exploiting over a century of blood sweat and tears that went before them.
United are any club for that matter isn't worth £4b. But these clubs aren't typical business', I guess.
Any successful campaign needs to be well organised. Aims clearly defined at the outset and all work needs to be consistent to achieve those aims. At the moment there doesn’t seem to be anything better than the protest route which has been largely peaceful and is getting attention, so the naysayers really need to belt up or just risk the whole thing going into disarray.
The price could lower if the Glazers start panicking, though.
you are quite far from making any coherent points at this point
How many examples of clubs being asset stripped have you seen? I genuinely can't think of a single one. Also, you did offer a list, I believe...?
Exactly. It's like people think it's either 4 bn or we go under. Total lack of logic.
I'm sure a football league club will have has its stadium sold off for land development somewhere
its a moot point though, United is one of the biggest clubs in the world - the value is in the brand and nobody would be daft enough to devalue that through asset stripping
I think a season of this could have them doing a runner. They don't care about anything other than making monies.