Yep but my point is it mentioned adding debt
Club Sale | It’s done!
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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.
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Why bother posting this? Pointless
Relevant.
Amen to that
It's already wrapped up. The Qataris are not here to lose. Friday can't come sooner.
How? It literally tells us nothing! (Other than Lewis and Jim are friends)
So the Glazers basically announce they are skint and need private investment to stay on or a full sale.
And somehow we come full circle and they are now going to buy out their family with help from Apollo group (who want what?) Hence meaning the private investment they originally wanted still hasn't been achieved. It makes zero sense and isn't exactly hard to dismiss.
And somehow we come full circle and they are now going to buy out their family with help from Apollo group (who want what?) Hence meaning the private investment they originally wanted still hasn't been achieved. It makes zero sense and isn't exactly hard to dismiss.
Would you prefer some thoughts from Max Verstappen?
That is why it is going to happen. Glazers will pile more debt on the club chasing The Super League.
That’s what you’re desperately hoping
I find some of the media reporting on this to be strange, Mike Keegan in the Daily Mail almost seemed like a water carrier for Qatar. And I don't get the fact that some sources report the Qataris will be the likely owners and are confident of purchasing Utd when others are reporting that the Qataris won't go over £4.5M for Utd. How can you set a max valuation of £4.5M (Below what the Glazers are likely be looking for) and be confident of buying Utd? The Glazers aren't selling or else you're lying about your max valuation.
And another thing: with FSR coming on line, rich owners don't really mean much. This club's issue has not really been generating revenue (And we'd make more revenue if we get better on the pitch which as things stand is happening under the Glazers), this club's issue has always been not spending money well. Big owners don't really change much as most of the revenue cow has already been milked by Ed Woodward, the gains still available are marginal at best. And whilst I don't think a new training ground and a redeveloped stadium would hurt, I don't think they are essential to Utd on the field.
And another thing: with FSR coming on line, rich owners don't really mean much. This club's issue has not really been generating revenue (And we'd make more revenue if we get better on the pitch which as things stand is happening under the Glazers), this club's issue has always been not spending money well. Big owners don't really change much as most of the revenue cow has already been milked by Ed Woodward, the gains still available are marginal at best. And whilst I don't think a new training ground and a redeveloped stadium would hurt, I don't think they are essential to Utd on the field.
Makes you wonder if Ratcliffe really thought he was in contention, especially knowing he’d need to borrow significantly for a leveraged buyout? Compared to potential Middle Eastern bidders he really isn’t in the race but it’s been great publicity for him and Ineos since the takeover was announced.
They definitely are going. If they don't sell, Qatar will likely buy Liverpool. Tottenham will get a big money takeover, Chelsea have brought in a load of top talent and will eventually get it right with the amount they're spending, and arsenal are quite a bit ahead of us, if Newcastle finish top 4 they'll spend enough to be title challengers. The value of the club will plummet, if we're competing for europa league spots every year rather than CL, this is the peak value for them
As I understand it they can't add more debt, they've reached the limit on what United can borrow, that's one of the reasons they want to sell, they would have to spend some of their own money which 4 of the six siblings don't want to do, Joel and Avram don't want to sell so I assume they know that they would need to cough up money but they can't do that on their own
Not really desperately, but yes Glazers with more debt would be preferred by just about any oppo. In the end I am just a spectator of this circus.
Interesting.
Still optimistic they’ll be gone if a deal can be struck for around £4.25b. This story strongly has a whiff of yet more clickbate about it.
Yep.
As pointed out most oppos love to see United and it’s fans suffer. Basically ruining our club.
That’s why many are accepting of investment from the ME.
The Qataris are smooth where a takeover is taking place. They already know the outcome of their bid. Just relax.
Haha, the meltdown in here is so funny!
Someone explain to me, how can the Glazers (Manchester United) gain entrance to the super league without the consent of the Premier League?
Someone explain to me, how can the Glazers (Manchester United) gain entrance to the super league without the consent of the Premier League?
Have you heard anything in particular?
Well they could just resign from the PL if they wanted, not very likely admittingly but these days you never know!
There is going to be a lot of disinformation over the next few days.
This looks more like a negotiating tactic by the Glazers to panic buyers into offering more.
This looks more like a negotiating tactic by the Glazers to panic buyers into offering more.
The article states that Qatar were initially luke warm about the merchant bank offering the club to them due to their doubts regarding the intentions of the Glazer family.
It seems like those doubts have been put to bed with Avram himself spending time in Qatar during the world cup.
is the relatively small twitter account @antoniocarter? First result after searching “Glazers Apollo.” He seems like a grade A bullshitter. His pinned tweet is still saying it was a done deal with Dubai back in November
More than a few days, I would think. These are just the initial bids that then get reduced down to a smaller shortlist of preferred bidders. I assume there's then further negotiations at that point where bids will inevitably be raised, so we'll probably continue to hear that's there's a possibility of no sale right up to the sale being confirmed.
It’s most likely scaremongering from the likes of Delaney but I suggest everyone be prepared for the Glazers to back track on their intentions to sell if no one meets their crazy demands. We all know how greedy these cnuts are so nothing should surprise anyone. We just have to pray the other 4 siblings put enough pressure on Joel and Avram that anything other than a full sale is out of the question.
No its losers desperate for more clicks. Shite like Delaney will sell there own mother for clicks.
They know any negative news about the takeover will whip the anxious fans into a frenzy and generate engagement. The only thing they care about.
This guy is such a big bull shitter, during transfer season not even single rumour he reports turn out to be true, so for such a multi billion dollar deal, where confidentiality will be paramount and only a few people will know anything, he will actually be the last person to know anything.
Its just posturing from the Glazers but they are cornered - fans are at war with them to the extent that they cant set foot into their own ground, commercial revenues have flatlined (they are struggling to secure a replacement for Teamviewer), the club needs major investments in infrastructure to catch up and the potential PL arms race means you cant run a top PL club on the cheap and maintain relevance.
On top of that the siblings wont accept being bought out on the cheap, they gonna want as close to 2/3 of the target valuation as possible so good luck getting a loan of £3b to £4b. Even if Apollo stupid enough to bite how are the Glazers going to fund the stadium renovations and keep the team competitive? We are a billion in debt, imagine the difficulties of servicing a £5b debt whilst trying to satisfy a restive fan base, the value of the club will collapse as we become too toxic even for the sponsors.
As incompetent as they are the Glazers would have seen these troubles coming from a mile away, the fact that they have finally contemplated a sale shows they have tried all else and failed. If this news did indeed come from the Glazers, a big if, then its nothing more than posturing. We have seen the three parties (the parasites, the Chelsea season ticket holder and the migrant abusing Qataris) all lay their case in the media and this is just a continuation. Imagine what the weekend and next week will be like with briefs and counter briefs, especially if our weakened team loses badly tomorrow night....
Nah, he’s a Cnut. I’d rather hear from somebody who has something worthwhile to say about the sale.
You already have. Lewis Hamilton
I think that's it. I don't even really know who he is, I came across him at the end of the summer when I saw a tweet of his claiming how accurate his summer predictions were. When I looked back through his tweets he was ahead of the game on almost all our summer transfer activity, so I started following him.
I know, he's a no one, but everyone starts as a no one, and having a summer of successfully predicting most activity makes me put some weight into what he posts. And I get what you are saying about him claiming Dubai was done, he did maintain that until a couple days ago, and only now says it's changed because of Apollo, so I guess we may never know if that was correct. Unless Qatar buys us, in which case he was bullshit all along and I will unfollow him. But for now, he's giving me reason to atleast consider what he says.
The Glazer's are hardly incompetent, how many folks do you know who bought a business for nothing, take out millions in dividends and are selling it for billions? -We, as fans, don't like it, but as a way of making a lot of money it was pretty ingenious
people just tweet every scenario then delete the ones that are wrong. How are you falling for this in 2023!They're not going to fund any major projects. Apollo can buy out some of the Glazer siblings for equity and that'll be that.
If Twitter says so then
Sounds like he's projecting his own issues onto United
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