I managed to miss this epic news - away at the moment so wont be able to properly digest everything until i get back
Whatever happens I expect a shitstorm - they always manage to conjure one up from somewhere!
ALL issues relating to the bond issue and club finances
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I managed to miss this epic news - away at the moment so wont be able to properly digest everything until i get back
Whatever happens I expect a shitstorm - they always manage to conjure one up from somewhere!
Yip before the Glazers sold him
Do you not understand the fact that he wanted to go
You can pick up the slack when you get back then Rood.
They'll go to town on the accounting ''loss'', in the absence of any dividend being taken, so be prepared.
They'll go to town on the accounting ''loss'', in the absence of any dividend being taken, so be prepared.
Do you not understand the fact that he wanted to go
So what..
United didnt have to sell him. They could so easily have said "no way" and told Ronaldo he was staying exactly where he was.
The truth is more than likely United didnt want to sell, but faced with a player that didnt want to stay, and the huge amount of money that Real were offering, they felt it was just too good an opportunity to miss.
After all £80 million in the bank, tell everyone the money is there to be spent if they want to, and watch the suckers all turn around and say that it was all ROnaldos fault because he didnt want to stay in the first place. How convenient is that. The perfect excuse to bail you out the shit when people ask why the hell you've just sold the best player on the planet.
Even if Ronaldo didnt want to go, with that amount of money on the table he would still have been sold.
You can pick up the slack when you get back then Rood.
They'll go to town on the accounting ''loss'', in the absence of any dividend being taken, so be prepared.
Probably a good time to be away
Probably a good time to be away
ANytime you are away is a good time..
Out of interest why do you guys think the glazers may not have withdrawn the £70m to pay down the piks? There surely must be something going on we don't know about otherwise it just doesn't make sense. Perhaps they bought back more of the notes than we know about?
SAF disagrees.
Fergie: Ronaldo's not for sale - even if Real Madrid bid £120m | Mail Online
In the end though Ronaldo just wanted to go and there was little we could do to hold him, end of story. If the club wanted to sell him then why wouldn't we have done so the previous summer when the offer was potentilly even higher?
United offered him a £150k a week contract to convince him to stay...
United set to offer Ronaldo £150,000 a week to keep him out of Real's clutches | Mail Online
Ronaldo turned it down though. In the end he just wanted to play for Real Madrid instead of for Manchester United, nothing would convince him otherwise; it was a case then of sell him for £80m or keep him and have a pissed-off player in the squad for a season before seeing him go on a free the following summer; reluctantly the former was the only real option; despite United's efforts Ronaldo had made up his mind.
So appears to be a case of 'Who do you believe?' Fred, the weird conspiracy theorist with his intellectually challenged side-kick Crerand, or SAF and Christiano Ronaldo, the greatest manager and the best player in the world?
Hmmm, toughie.
Or cider, who 6 years on still puts the 'h' in Cristiano?
Or cider, who 6 years on still puts the 'h' in Cristiano?
I never knew that. Is it spelt without a H? How very cosmopolitan. Well, you learn something everyday.
Glad you're still learning cidherman. Onwards and upwards eh?
They could have done this after the bond issue. I suspect they delayed so as not to create additional adverse publicity at a time when the G&G campaign was at its most vociferous. We'll see from the latest financials and I think they will reveal that it has been drawn out.
At least he takes things onboard and incorporates them into his thinking. Which is more than can be said for some who 18 months on, still think that Ronaldo was dragged to Madrid kicking and screaming and still think any other club in the world would have turned down £80million for a wantaway player.
Sheeeeeeeeeeeitttttttt. That's a good price GCHQ. I'm not trading on that.
IF they haven't taken the money I am at a loss to say why. I've spent the last nine months asking (non-football related) fixed income experts for a possible explanation and nobody has one.
As for my boycott, if people want to give me free tickets then I'll go. I paid the gimps £1,000+ last season and feck all this season (except my One United membership and Valencia away booking fee) and I'm happy about that.
On the P&L, I don't think the refinancing costs (swap closure etc) are irrelevant, that's real money (unlike g/w amortisation) but that's an argument that's been done to death.
Like Chrerand you mean?
Do you know if Cristiano submitted a transfer request? Only when a player doesn't submit a request in writing, you wonder what the motives are.
Personally, I think any player that wants to leave must submit a transfer request in writing to the club. In a normal job, if you want to leave you have to resign. If they make you redundant, they pay you a severance fee (name varies with the circumstance - redundancy, compromise, etc.)
Having never worked at a football club, I am not sure of the protocol and the technicalities of these things.
All I know is that Real Madrid were doing everything in their power without actually "tapping him up" to let it be known that Ronaldo would be welcomed to Real Madrid with open arms and Ronaldo was doing everything in his power, without actually saying, "Yes, I want to go" to let it be known that his dream was to play for Real Madrid.
When a fax arrived at OT one morning with words along the lines of "£80million for Ronaldo. No strings attached." It was decision time for Fergie and the boys and, all things considered, I think they made the right decision and the same decision that any other club would have made in the same situation.
The whole thing has been something of a blessing and a curse for United and the Glazers though. None of us can say for certain that the sale was absolutely necessary to make ends meet but it is also impossible to deny that £80million didn't come in handy - it's more than a lot of PL clubs make in total annual revenues. What it has done though is cast a shadow over many other areas from results on the pitch to Fergie's transfer policy.
It has also been the longest running topic of conversation and I'm completely fed up of it now!
Having never worked at a football club, I am not sure of the protocol and the technicalities of these things.
All I know is that Real Madrid were doing everything in their power without actually "tapping him up" to let it be known that Ronaldo would be welcomed to Real Madrid with open arms and Ronaldo was doing everything in his power, without actually saying, "Yes, I want to go" to let it be known that his dream was to play for Real Madrid.
When a fax arrived at OT one morning with words along the lines of "£80million for Ronaldo. No strings attached." It was decision time for Fergie and the boys and, all things considered, I think they made the right decision and the same decision that any other club would have made in the same situation.
The whole thing has been something of a blessing and a curse for United and the Glazers though. None of us can say for certain that the sale was absolutely necessary to make ends meet but it is also impossible to deny that £80million didn't come in handy - it's more than a lot of PL clubs make in total annual revenues. What it has done though is cast a shadow over many other areas from results on the pitch to Fergie's transfer policy.
It has also been the longest running topic of conversation and I'm completely fed up of it now!
It does seem odd, though, that players can force a deal through without handing a transfer request in, doesn't it?
I like the transfer request being handed in, you know for definite that the player wants to leave, whether they have a specific target club in mind or not. Had there been a statement that Cristiano Ronaldo had handed in a written transfer request and Real Madrid had faxed the offer then great. What wasn't made clear was how much compensation we had to pay Ronaldo to finish his contract.
Do you not understand the fact that he wanted to go
I do totally, which made life so much easier for the Glazers to sell. My point is that we had to sell him even more than he wanted to go, have you forgotten SAFs virus statement a short time before only for the transfer to go through without a whimper
He didn't force it through though, did he? It is clear that Fergie and Ronaldo both knew the situation and Fergie has actually said that he had chatted with Ronaldo a year earlier about it all and I think it was agreed that if Ronnie stayed one more season and still wanted to go then Fergie wouldn't stand in his way.
One article backing this up.
When a club makes an offer for a player, the selling club has to make a decision. If they say "no" then there's nothing the player or the buying club can do about it because the player is under contract.
It is just generally accepted though that if a player has shown that he wants to leave then the best thing to do is let them go. No point in keeping an unhappy player around the place, is there? He won't sign a contract extension so when his current deal is up, he leaves for free and you lose out financially in the end.
As I say. I don't know the protocol. You don't hear of players handing in transfer requests every time one is bought and sold, do you?
Perhaps it is just a formality that is done behind closed doors?
As for compensation to Ronaldo. I can't see why we should have had to pay him any kind of compo. He got what he wanted out of it all. He wasn't exactly the injured party in all this and if he was entitled to any compo then I would be prepared to bet that he would have signed a waiver or Real Madrid would have been prepared to pay it as part of the deal.
seriously, this topic has been discussed to death before and it should be obvious to everyone that Ronaldo wanted to go and that we just couldnt keep hold of him anymore. Just the summer before, it needed Fergie's magic to make him stay for another season although he wanted to leave very badly.
Ronaldo would have left with or without the Glazers in charge. As much as we hate the Glazers, dont close the eyes from facts. And of course, Fergie would never publicly state that he would sell Ronaldo if a high offer came in. Ppl still take every word from Fergie on a press conference super serious? And even his agent advised him to stay - in the end, it was Ronaldo who wanted to leave. Get over it
Stooges seem a bit worried, preparing the great unwashed for bad news. Interesting.
I think with the Liverpool story going on it might be left alone for now.
If they take the 'ronaldo money' out it might get exciting though. I love that term. The propaganda value is almost as much as the actual cash.
I think with the Liverpool story going on it might be left alone for now.
If they take the 'ronaldo money' out it might get exciting though. I love that term. The propaganda value is almost as much as the actual cash.
Amen to that.
I find the term slightly amusing. ciderman did a post on here months ago which was funny.
It's like the "Ronaldo Money" is kept in some old oak chest somewhere deep in the vaults of Old Trafford and is worshipped every day by the Glazers and the powers-that-be, or something.
Presumably within that vault, we also have old, discarded chests bearing the legends "The Beckham Money", "The Stam Money", "The RVN Money" etc etc etc
Just out of interest, what will you say if they haven't taken it again?
I'm not sure how it will get interesting anyway. It's been assumed that the money will be taken by everyone for months. The greater interest will be if it's still there and we'll all be wondering what the feck is going on!
I think Gill made a rod for his own back, claiming that the Ronaldo money was ring-fenced.
What exactly did he say anyway?
I remembering him saying that the Ronaldo money is still there (and it was at the time) but has he ever said that 'it is there and will be ringfenced forever' ?!
Probably a classic case of damned if you do and damned if you don't.
Can you imagine the furore if he'd said, "What? The Ronaldo money? Oh, that went on loan repayments the day after it hit our account."
The anti-Glazer mob naturally assume he was lying but this moment in time, all the evidence we have backs up what he said.
Some people will obviously not be convinced until Fergie spends every last penny of it, whether he deems it necessary or not.
You dont know the whole story anymore than me, the Ronaldo/ Tevez and Serbian lad transfers are now suspicious looking and this irks the Glazer club. If they could blow me out of the water they would and would be entitled to. They cant and this is why they hate this being brought up
Godwin's Law 2: Every thread on RedCafe eventually ends up being about Ronaldo.
Especially when Crerand is on the scene.
The evidence will only remain while the cash remains in the club.
Disprove me then, make me eat my words.
Dont know about the Ronaldo/Serbian lad issue, but the Tevez fiasco was defo No Money situation.
I've told you before. It's your theory (whatever the hell your theory is, I've forgotten now). It's up to you to put forward the evidence and the argument to back it up.
If we all did what you're doing, the arguments on here would end up even more farcical than some of them already are.
"The Glazers have £30billion in cash under their mattress. Prove me wrong."
Not according to him. I will never forgive him for going to city but our efforts to retain him were at best half hearted and fan driven. Again I don't know for sure and you could be right
With the RCF in place though he can still claim 'The Ronaldo Money' to be ring-fenced even if the carveout option is taken by the owners.
Fungibility wiki dictates that if the carveout is taken and then SAF makes use of his transfer funds meaning that the club take advantage of the RCF then it makes no odds whatsoever which sum of money - the carveout or the transfer expenditure - one considers to have been 'The Ronaldo Money'.
What Gill is basically saying then by describing the £80m as ringfenced is that SAF has a considerable kitty should he wish to make use of it; there are no chests of gold stashed away anywhere, no untouchable Ronaldo Money accounts, if the club's owners see it fit to put money in the bank to use elsewhere inbetween transfer-windows then the fact that 'The Ronaldo Money' has been described as ringfenced should represent no hurdle whatsoever.
The carveout can be taken and still SAF could be given a large transfer kitty. SAF says that he's never been turned-down when asking for the funds to buy a player; long may that continue.
You are trying to side track the issue. In my opinon the transfer activity was suspicious in the lead up to the bond issue and I feel their is evidence I may be right but am open to being proved wrong. At least admit that
I'd agree that money was a primary consideration but not in the way you're suggesting.
I just think Tevez and his pimp wanted more than we were willing to offer him.
In the words of the late, great Sir Matt Busby, "no player will hold this club to ransom, no player".
I am not defending Tevez but I feel we might not have been that sincere about keeping him
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