I know all debt isn't bad debt and it's not an automatic deal breaker. But the idea Ineos or its shareholders are going to just pay it all off, whilst simultaneously taking nothing out of the club and investing vast sums in the stadium baffles me.
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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I know. If we can’t invest in the stadium when £500m in debt and directors taking out dividends, imagine when billions in debt with investors who demand a profit every year.
This thread in a nutshell.
You do realise the Glazers are Republican who are in bed with the NRA.
I said months ago that a Jim Ratcliffe owned Manchester United would fall into midtable hell within a few years.
Whats the amount of the bid?
If its low, are you then borrowing a further 1 or 2 billion for the stadium? What about infrastructure etc?
It will just be more borrowed money from Wall Street and... well.. we've seen how the tale goes first hand.
Whats the amount of the bid?
If its low, are you then borrowing a further 1 or 2 billion for the stadium? What about infrastructure etc?
It will just be more borrowed money from Wall Street and... well.. we've seen how the tale goes first hand.
time will tell
Incredible isn't it. His face was on banners outside OT not long ago.
Is there any other way to win a bidding war?
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Spot on
You know this is going to happen.The first thing that comes to mind from those alleged Ratcliffe PR comments is "no money or value in the January window....but hey at least we are British*"
*Wall street funded British
Hey we are using American banks to allow a Chelsea season ticket holder born in london to buy United so that we can bring “Manchester back into Manchester United”
What the hell that catchphrase even mean? Its like Make America great again catchphrase of Donald Trump
I'd be more than fine with Ratcliffe if it wasn't actual banks behind him, lending money. You just know those vultures will want return of their investment, and fairly quickly. Best case scenario - we'd be sold again for a small profit (to an oil state), worse - sucked dry by the new Megaglazers.
Morality lessons from supporters of a club that plays at Emirates stadium, wearing Emirates sponsored kits with Rwanda on the sleeves owned by an unscrupulous character with Walmart money ties known to have defrauded the taxpayers of a whole major city, you can't make it up
It's for damn sure more representative than a fecking Athletic poll behind a paywall.A Musk style Twitter poll is by far the most accurate representation
Looking around social media, which OK is dominated by younger demographic but that's the future anyway, it's usually 70-80% in favour of Qatar.
Of course, you're free to live in denial.
SJR also need to clear existing club debt or no bueno
Taking a page off the Farage playbook.
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I would too for sure
they won’t put as much cash into the club but it’s not really needed
a minuscule price to pay to not be state owned
Oh how convenient. It's the exact same playbook, man.
There isn't a chance there's an independent businessman spending 3-5% of the GDP of an absolute monarchy like Qatar without said Monarchy being heavily involved.
Anyone believing that is either naive or being willfully ignorant.
Torn on this but a fan for 40 years, I will follow the team not the owners. They will get scrutinized x10 by just being associated with the Utd brand.
Not for me, I'd still United be owned by him than by a country that imprisons gay people and requires women to ask the permission of their 'male guardian' before seeking adult education.
This is just an idiotic point. Im not going to engage much further than to say that if you cant differentiate between citizens of a country, ie the glazers, and the flaws of a nation (Every nation is flawed. literally all of them) and any ownership where the actual murderous, homophobic, brutal state has a hand in ownership as a form of using this historic club to sanitise itself (hint, they dont need the money), then you're less worth engaging than this post suggests. I'm not even going to get into how just woefully vague and abstract the sweeping statements you made are. Its like teenage level stuff.
As I said I'm not wasting much time having these types of discussions online. I dont believe they lead to anything.
Support qatar all you like. I wont. Theyre our individual choices. Thank god we live in countries where we're free to make them
Written with pashun.
Just like the Glazers didn’t have £800m in cash ffs. How blind can you be? We heard about US investors wanting a piece of United when United got put for sale… they are doing it through a “friendly face”
I don’t disagree with you Ratcliffe’s bid could turn out to be really bad for the club in long term. That’s why I don’t want him successful in his bid.
Opens wallet. Pulls out a 5B bill and keeps the rest of the 5B bills back in place.
The Athletic are pushing the pro-SJR/anti Qatar thing arent they.
Absolutely no one should be supporting that bid from Ratcliffe, regardless of the Qatar interest. Red flags everywhere.
We don't know the first statement.
But I agree, Qatar all the way, they will spend 10b if need be on where this club need to be after decades of rotting. I have no faith on any other owners that will do that especially if they are linked to Wall Street, it's all business for them.
Its genuinely embarrassing that people think it might not be.
Feel like we have to qualify every quote with "i'd prefer to not have Qatari or Saudi owners"
But Ratcliffe's PR is absolute dog shite....."Trust me i'm British and basically reusing his Chelsea bid PR release document" vs "This is exactly what we will do, no debt, heavy investment, comments about the stadium"
Yep. I mean nothing is official yet obviously. But pretty resigned to it. Not sure if to find another club or just knock football on the head, I only really watch United matches these days. Not sure it could be the same anyway.
It's preferable to the alternative alright.
If social media is representative for our fanbase we are truly fecked.
Well those results aren't really a surprise. most fans want investment into the club and returning to where we should have been if it wasn't for the glazers sucking us dry.
I can’t decide if that gooner chap genuinely thinks Qatar is the taliban or is just being a bit racist in a “Well they’re all terrorists innit” kinda way.. or it’s an amazing wum ( least likely )
Crafton was very vocally against the world cup
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