ALL issues relating to the bond issue and club finances

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Don't buy tickets from Viagogo then, A1Dan, problem solved.

I don't, and nor do a lot of people...

If you remember the original question:

"if people choose to buy a ticket and dont attend then what can be done about that?"

As I said in the first place, my answer is make them affordable on resale.

I think it's pahetic that the club would rather have empty seats than let people buy them for less than £50 (for the cheapest seats against Stoke, remember).

But I guess I'm just a worrier, and the correct answer to the question is "nothing can be done, it's the market, so it must be right and good. Rejoice and praise the market".
 
Sell them on yourselves or expect Viagogo to charge a handling fee, they're not a charity. If you've bought a ticket that you don't actually want and you're disgusted by Viagogo then sort it out yourself, you bought the ticket.
 
And what about the fan who wants to go to the match, doesn't know anybody with a spare, but can't afford to pay £50-£75 a ticket?

The club could easily resell unused season ticket for a minimal, genuine, fee. They could even do so at less than face value, given the right system. Result? Full ground, happy ST holder with most or all of their money back, happy fan gets to see the match.

But the current system must be best, because the infallible folk who run the club have chosen it, right?
 
And what about the fan who wants to go to the match, doesn't know anybody with a spare, but can't afford to pay £50-£75 a ticket?

The club could easily resell unused season ticket for a minimal, genuine, fee. They could even do so at less than face value, given the right system. Result? Full ground, happy ST holder with most or all of their money back, happy fan gets to see the match.

But the current system must be best, because the infallible folk who run the club have chosen it, right?

To be honest let's be fair, we don't live in an ideal world and no other club on planet mother-fecking Earth has this kind of system in place, so we can't really blame the people who run the club.

I feel for a lot of the fans who feel priced out, especially those who have gone to games for years and because of their pensions or work etc can now not go (I personally think after 20 years of having a season ticket you should get a major discount/price freeze, it's criminal that all clubs don't have this as a general policy).

But at the end of the day we are in an era where most people I know pay £550 a year for a fecking mobile phone, so I kind of try to look at season tickets by comparing them to other items in the current market, rather than comparing the same item in a previous market. To me I'd say a mediocre season ticket at the same price as a phone isn't that horrific

I'd lose an incredible amount of sleep if I thought about what I could have bought my house for 15 years ago vs now.
 
Are viagogo issues really relevant to this thread? Glazers don't own viagogo do they?
 
No because the season ticket holders will be happy to pay more to ensure that they get all the big games that will be sold out regardless and not available for the cheaper price (e.g. there is never empty seats against Chelsea so no-one would get this for a cheaper price).

The people who can't afford the new prices would benefit from being able to watch games for the 2005 prices (the lower games) and the people who can't go to some of the lower games will be happy as they don't get shafted for missing a game (because they'd be guaranteed a rebate for 75%~ of the cost).

Win-win.

They most definitely would not - there would be absolute outrage amongst ST holders if others in the ground were paying less for tickets.
Nice try but your idea is completely unworkable Im afraid.
 
Does this look like a bargain to you?

Please show me somewhere a season ticket holder can legally sell their ticket for less.

Dont be ridiculous - I sell my ticket on whenever I cant make it for face value, as do many others. There are tickets changing hands at FV (often even less in fact) on this very site (and several others) on a weekly basis.

Personally I dont use Viagogo anymore, but I did in the past - at the start they were actually a worthwhile service but that was before they ramped up their admin fees.
However it is worth noting that touts (many of whom masquerade as United fans) charge even more if you try and buy a ticket from them on matchday.
 
Are viagogo issues really relevant to this thread? Glazers don't own viagogo do they?

No they dont - at the start viagogo just paid the club a fixed annual fee for the rights to deal with the secondary ticket market, the club did not make anything from each ticket sold.
I dont actually know whether this is still the case or not.
 
£550 for a phone is disgusting!!!

Tell me about it, anyone who can justify paying £45 a month for a phone must be a richer man than I.

They most definitely would not - there would be absolute outrage amongst ST holders if others in the ground were paying less for tickets.
Nice try but your idea is completely unworkable Im afraid.

Like I said Rood "only an idiot would think "my season ticket cost £500 for 20 games, that's £25 per game, he only paid £15 for this Stoke game so I'm out of pocket £10" *. Mainly because the person who got the stoke game for £15 could and would never get the Chelsea game for that price."
 
Like I said Rood "only an idiot would think "my season ticket cost £500 for 20 games, that's £25 per game, he only paid £15 for this Stoke game so I'm out of pocket £10" *. Mainly because the person who got the stoke game for £15 could and would never get the Chelsea game for that price."

Are you a season ticket holder?
Only an idiot would think that your idea is in any way workable.

If anything like that was implemented (it never will be of course because it would be economic suicide on the part of the club) then many people would give up their season tickets.
 
Are viagogo issues really relevant to this thread? Glazers don't own viagogo do they?

True, we've gone off topic a little bit - Was all in answer to the question "what can be done about empty seats?".

That said, it's the Glazers' decision to give Viagogo teh business instead of offering the fans a better service, so not entirely irrlevant. Plus, much as Viagogo is a rip off, more than half of the cost (just) is still the face value of the ticket, which is directly relevant to this thread, whether you think it's a fair price or not.
 
It's certainly fecking stupid - I pay £15 a month for unlimited data, and all teh texts and minutes I need included, and get a nice Android phone thrown in for free.

Where is the £180 a year option fat Old Traffford?

Top of the league, mate... you get what you pay for.
 
there would be absolute outrage amongst ST holders if others in the ground were paying less for tickets....

...If anything like that was implemented (it never will be of course because it would be economic suicide on the part of the club) then many people would give up their season tickets.

I sell my ticket on whenever I cant make it for face value, as do many others. There are tickets changing hands at FV (often even less in fact) on this very site (and several others) on a weekly basis..


You totally contradict yourself there... one the one hand you claim that if tickets were available for "lesser" matches at under face value, then people would be outraged and give up their season tickets, but then you freely admit that tickets are available at less than face value, sometimes even from yourself!

Why don't you give up your season ticket and just buy them off ST holders who can't go, Rood?
 
Top of the league, mate... you get what you pay for.

Except... if my phone company started adding more minutes and texts, and swapped my phone for the latest iphone, then told me I had to pay £50 a month, do you think I would stick with that contract out of loyalty? No, I would feck off to a different network.

We've discussed this before... it's the old football as pure business v football as an irrational passion debate.

Fortunately I have no such irrational passion for Orange, and would happily break that bond in favour of 02 or any of the others if I thought I could save a buck.
 
Except... if my phone company started adding more minutes and texts, and swapped my phone for the latest iphone, then told me I had to pay £50 a month, do you think I would stick with that contract out of loyalty? No, I would feck off to a different network.

We've discussed this before... it's the old football as pure business v football as an irrational passion debate.

Fortunately I have no such irrational passion for Orange, and would happily break that bond in favour of 02 or any of the others if I thought I could save a buck.

You'd stick with Orange I reckon though if their price increases meant that they were still cheaper than the other decent phone companies, wouldn't you? You'd whinge and moan to feck like a spoilt little brat, blaming all your problems on the Orange CEO, but you'd still stick with them because Vodafone and O2 down in London were even more expensive.
 
You'd stick with Orange I reckon though if their price increases meant that they were still cheaper than the other decent phone companies, wouldn't you? You'd whinge and moan to feck like a spoilt little brat, blaming all your problems on the Orange CEO, but you'd still stick with them because Vodafone and O2 down in London were even more expensive.

The analogy is getting very confused here... are you saying that the only reason you and I stick with United is because Arsenal and Chelsea are just as expensive, and if those clubs were significantly cheaper we'd jump ship?:confused:
 
Are you a season ticket holder?
Only an idiot would think that your idea is in any way workable.

If anything like that was implemented (it never will be of course because it would be economic suicide on the part of the club) then many people would give up their season tickets.

I am not a season ticket holder, never have been and never will be, which is why I think I can have a more objective view of the situation as a whole. I believe the tickets aren't retardedly overpriced, but also feel that the old school loyal fans who've propped the club up for years (through the bad times) should be rewarded with frozen prices and hugely discounted tickets.

I also feel that every fan who is currently not going to the lesser games would be happy to be guaranteed 75% face value for his ticket every single time he cannot attend a match.

The people who cannot afford a season ticket but still want to see their team play at Old Trafford could then afford the "lower matches" at a 75% rate and would currently be guaranteed at least 10-15 games a season (at present it seems we have a few 1000 empty seats for most games)

The people who currently buy a season ticket will see absolutely no change, other than a full stadium (of more vocal fans) at almost every game. They will pay their price to be guaranteed every single game they want to watch, an identical situation as they are in know. If they are buying it now for this price, they would continue to do the same.

As I said people only buy a season ticket for the guarantee of seeing every game they want to see. No-one would care if the guy next to them bought a Stoke ticket for £20, because they know that in terms of supply and demand, they also paid that amount for the ticket.

An idealistic system I admit, but unworkable? Definitely not.
 
The analogy is getting very confused here... are you saying that the only reason you and I stick with United is because Arsenal and Chelsea are just as expensive, and if those clubs were significantly cheaper we'd jump ship?:confused:

I think he's saying that you can't complain about United's prices because their rivals are much more expensive. You would be entitled to be exceptionally pissed off if United were more expensive than their rivals because then the owners would be exploiting your passion/loyalty.
 
I think he's saying that you can't complain about United's prices because their rivals are much more expensive. You would be entitled to be exceptionally pissed off if United were more expensive than their rivals because then the owners would be exploiting your passion/loyalty.

Can't you see that exploiting fan's passion/loyalty is exactly what they are doing, and so are the owners of all the other clubs?

The mobile phone* market works because if all the operators put their prices up ridiculously, somebody new would come along, undercut them all, and clean up.

This can't happen with football clubs, so the owners are laughing all the way to the bank.

*Actually, not so simple with mobile phones due to limited bandwidth, but they were only brought up as a generic "other" product / service.
If anybody wants to go into the mobile phone market in more detail, I suspect there are actually even better comparisons to be drawn - ie, the monopoly brought about by the nature of the product means that prices are heavily regulated... now there's an idea!
 
It's certainly fecking stupid - I pay £15 a month for unlimited data, and all teh texts and minutes I need included, and get a nice Android phone thrown in for free.

Where is the £180 a year option fat Old Traffford?

Thats a good deal, do us a favour and pm me the details... contracts up soon.
 
You totally contradict yourself there... one the one hand you claim that if tickets were available for "lesser" matches at under face value, then people would be outraged and give up their season tickets, but then you freely admit that tickets are available at less than face value, sometimes even from yourself!

Why don't you give up your season ticket and just buy them off ST holders who can't go, Rood?

Im talking about 2 different things there. There is a big difference between private fan2fan sales and official club policy.

For the record, I have never needed to sell at under FV as I have always found people who want tickets (there were a few occasions where I have given tickets away for free but there were specific reasons for that) - I ask exactly the same price for a ticket for Chelsea as I would for Wigan, just the same as the club do.
We are the one club that still manage to have 1 price for all league games (which is why I dont agree with what Finneh says) - the thinking is that you are coming to watch Manchester United so it doesnt matter who the hell the opposition is! I think all others have a tiered pricing system - however I do expect that we will also adopt that kind of system at some point.
 
Can't you see that exploiting fan's passion/loyalty is exactly what they are doing, and so are the owners of all the other clubs?

The mobile phone* market works because if all the operators put their prices up ridiculously, somebody new would come along, undercut them all, and clean up.

This can't happen with football clubs, so the owners are laughing all the way to the bank.

*Actually, not so simple with mobile phones due to limited bandwidth, but they were only brought up as a generic "other" product / service.
If anybody wants to go into the mobile phone market in more detail, I suspect there are actually even better comparisons to be drawn - ie, the monopoly brought about by the nature of the product means that prices are heavily regulated... now there's an idea!

I do sympathise with a lot of people because the prices of all teams are explicitly expensive. I just think if you can't afford or feel you are getting ripped of you don't have to go. As I said to Rood I'm in an objective scenario (because I pay more than a season ticket price every year to get every game guaranteed in HD).

Unfortunately you're caught between the devil and the deep, you either gamble and give up your season ticket and hope thousands of others do the same thereby lowering the demand which will eventually lower the price (a gamble that will rarely pay off as someone else will just take it instead). Or you bite the bullet and pay the price.

As I said I really don't think the prices are that outrageous compared to other activities, but I think it's horrific that supporters who have propped the club up since the 70's and 80's when we weren't exactly winning everything in sight get treated the same as some day-tripper who knows none of the chants.

Im talking about 2 different things there. There is a big difference between private fan2fan sales and official club policy.

For the record, I have never needed to sell at under FV as I have always found people who want tickets (there were a few occasions where I have given tickets away for free but there were specific reasons for that) - I ask exactly the same price for a ticket for Chelsea as I would for Wigan, just the same as the club do.
We are the one club that still manage to have 1 price for all league games (which is why I dont agree with what Finneh says) - the thinking is that you are coming to watch Manchester United so it doesnt matter who the hell the opposition is! I think all others have a tiered pricing system - however I do expect that we will also adopt that kind of system at some point.

The reason that you are obviously wrong is that if we got relegated to the Championship the prices would not stay the same, they would be decreased because we aren't playing the likes of Chelsea/Arsenal. This is because fans don't just pay to watch Man Utd, they play to watch top competitive games of football between top teams (highlighted by the attendance differences between playing Chelsea and Stoke). Fans realise that although their season ticket charges a specific amount (in my example £500) split evenly between all games, in reality you are paying much more for a Chelsea game vs a Stoke game. It's common sense supply/demand.

/edit: moving it is fine, it is going off-subject in all fairness.
 
I know what you are saying but I dont agree becasue the club still charges the same for all leage tickets (the ones sold match by match to members or general sale) regardless of opposition.

Anyway I have responded in the other thread so best to keep it there.
 
I know what you are saying but I dont agree becasue the club still charges the same for all leage tickets (the ones sold match by match to members or general sale) regardless of opposition.

What about the Euro knock-outs though?

You're still just watching Man Utd versus some suckers who think they can step to us...
 
Sometimes.

I'm sure the cnuts have done the maths, and if they can squeeze an extra coupld of quid out of the fans they will.

:wenger:

The vast majority of our home games have been complete sell outs. 13 of our 17 home games so far this season have completely sold out. Three of the other four home games were 97.5%+ sold out. All of our remaining home games this season will be sell outs apart from possibly the Crawley match and even that will be very close to a sell out with the compulsory ACS and the fact that every living soul in Crawley and the surrounding area will want a ticket for the game.

I'd be astonished if there were 11% ticket price rises though. I'd be surprised if it was more than a £1 per game rise which would be an average increase of 2.5%, a fall in real terms. There might at worst be a £2 per game increase in the most expensive parts of the ground.
 
PIK repayment trail goes colder as United's ownerships shifts to Delaware

Followers of the United finance story will know that unexpectedly on 22nd November last year, the Glazers found the £249.1m required to pay off the infamous PIKs.

In December, filings at Companies House showed that this money had been raised by issuing two new shares in United's UK parent company Red Football Shareholder Limited (2 new shares being 0.0002% of the issued share capital). RFS then bought two shares in its subsidiary Red Football Joint Venture (which owed the PIKs) for the same sum and RFJV used the money to repay the debt.

Today, with the filing at Companies House of Red Football Shareholders' "Annual Return", we learned a little bit more about that strange share issue. The Annual Return shows that 100% of RFS' shares (including the two new and very expensive ones) are now owned by a new company called Red Football LLC. Previously, all the shares had been owned by Red Football Limited Partnership, a Nevada company.

A quick search in the usual places shows that Red Football LLC is a new company in Delaware, the most secretive of all US states when it comes to corporations. The company, which through a string of four UK subsidiaries now owns 100% of Manchester United was formed on 4th November 2010, just under three weeks before the PIKs were repaid.

A 2009 report by the Tax Justice Network named Delaware, home to half of all US corporations, as the most secretive financial location in the world (beating strong competition from the Cayman Islands, British Virgin Islands etc). It is virtually impossible to get information on Delaware companies and it is almost as if the Glazers are trying to keep information about the PIK repayment secret. We don't know who the directors of Red Football LLC are, who its shareholders are or how it obtained the £249.1m.

This matters because there are really only two explanations for the repayment of the PIKs; either the Glazers have found some sort of equity to repay them (even though nobody can identify where that could have come from) or Red Football LLC has borrowed the money to repay the debt and the threat of the club's cash being used to service this new debt is still there. If it's the former then United are in a strong financial position despite the wasted £45m spent annually on bond interest. If it's the latter then the there is a high chance of the Glazers taking the £100m+ (and rising) of dividends to which they are "entitled" at some point in the future.

Naturally, we can't ask the Glazers anything about this as they won't talk to the fans and their employees in M16 don't appear to know. In my view that is not how the biggest football club in the world should be managed.

Explain away experts....
 
what do you want explaining?

there really isnt much to say at the moment that hasnt been said already, this is just andersred going on the detective trail (again) and finding nothing of any interest (again) - does everyone remember last year's shopping mall fiasco? What a fecking waste of everyone's time that was

It is a shame that andersred is too embarassed to come here anymore - despite barking up the wrong tree, he was actually a decent poster.
 
If there's nothing of interest why respond to it?

Some people obviously are interested and the repayment of the PIKs is still an issue with many, likewise people were interested to see if the Glazers had other sources of finance, hence the research into the shopping malls.
 
I meant the whole '100% ownership by a new company' is just tactical maneuvering right by the Glazers, right?

As it stands and as far as we know, the Glazers still own all of United right?
 
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