Probably go out and find 1 less slutty to be fair.
ALL issues relating to the bond issue and club finances
- Thread starter sammsky1
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Probably go out and find 1 less slutty to be fair.
No you're right. It is power play at kindergarten level.
I'm sorry that I overestimated the level, but am delighted that you and I agree!
MUST said:
Well look at that - turns out I've been boycotting our sponsors for years now (except one pair of Nike trainers in 2009).
Vive la revolution!! as they say in the wine bars of Islington.
I haven't bought a United shirt or bought a scrap of merchandise since the parasites took over.
Boycotting the sponsors in the hope of hindering the IPO is ultimately quite negative for the club, no? It would, if successful, mean that none of the funds were made available to pay off some of the debt?
Don't we want the IPO to be succesful and the shares sold/issued at a price which is as high as possible?
Don't we want the IPO to be succesful and the shares sold/issued at a price which is as high as possible?
So they're saying we should boycott the sponsors because the debt repayments will make the team less competitive, which will put the sponsors off?
Is it me, or does that not make any sense?
Is it me, or does that not make any sense?
MUST decided to make themselves irrelevant a long time ago.
Oh and the timing is mental. Everyone's annoyed that less debt than we hoped is going to be paid off. The response? Try to start a movement amongst the fans which will make the club less attractive to investors, hence decreasing the money available to pay of the debt. Eh?
Now they want supporters to write to advisors, underwriters and potential investors in the IPO. They have a badly written ill-informed draft on their website.
It's lucky that they're so irrelevant now or it would concern some sponsors and investors.
It's lucky that they're so irrelevant now or it would concern some sponsors and investors.
I don't know, I have an Airtel connection, and my broadband suppliers are also Airtel, the feckers.
Why do they want the IPO to raise as little money as possible? It's insane. The only people benefitting are the banks under-writing it. Who will mean less of their money available to pay off the debt. Basically win win for the fat cats and bad news for MUFC. What the actual feck?
I really hope my missus doesn't buy me that Hublot watch I've always wanted or I'll have to smash her face in.
The combination of ignorance with stupidity can form a potent weapon - just look at the Tea Party in the States. I'm not sure that MUST really have got the hang of it yet, but they're clearly working on it.
They could really do with employing a PR expert. Someone who will brief Andersred before he goes on national TV as well.
Those open letters are incredibly cringeworthy and scouse-like. Just stop it, stop it now.
Those open letters are incredibly cringeworthy and scouse-like. Just stop it, stop it now.
Did they not employ Obama's online campaign group or something?
wum?
So they're saying we should boycott the sponsors because the debt repayments will make the team less competitive, which will put the sponsors off?
Is it me, or does that not make any sense?
Their biggest fear is that the debt be paid down. How else can Andersred and Drasdo get on TV?
From the article above.
This is probably the core of the issue. While I appreciate them fighting for a fan ownership model - though I am not sure if it is a realistic target - they seem to lack any middle ground. It's that or nothing.
Boycotting the sponsors in the hope that the debt won't get repaid is, as far as I can tell, completely insane. The debt being repaid is good for the club, surely.
This is probably the core of the issue. While I appreciate them fighting for a fan ownership model - though I am not sure if it is a realistic target - they seem to lack any middle ground. It's that or nothing.
Boycotting the sponsors in the hope that the debt won't get repaid is, as far as I can tell, completely insane. The debt being repaid is good for the club, surely.
The thought of MUST running Man United -actually scares me a lot more than the Glazers
To them, it's bad news because it means that the Glazers could hinder their plans of a fan-owned club.
Do you see the paradox?
Obviously. But what is best for the club? Debt being paid off while Glazers remain at the helm, or the debt staying, perhaps increasing or forcing the club into administration, bankruptcy etc. that might lead to the fans getting ownership?
There's no possibility of any of that happening. The debt is slowly dwindling into insignificance, and the business is hugely successful.
The fan ownership model is pure fantasy. Does anyone imagine that the Glazers are going to give fans, or presumably MUST, a £2B business?
United would be better served by a fan organization which wasn't controlled by the spiritual descendants of Leon Trotsky.
The days of fan ownership are finished.
MUST have become the United version of Spirit of Shankly.
Depressing stuff. Drasdo has just become this rather unbalanced media whore who's doing more harm to the club than the Glazers imo and I hate the Glazers ownership.
Depressing stuff. Drasdo has just become this rather unbalanced media whore who's doing more harm to the club than the Glazers imo and I hate the Glazers ownership.
Why do you think hardly anybody takes them seriously anymore?
They don't represent the views of United fans, they represent the views of a small minority of angry fans who feel they somehow deserve to own Manchester United. This even though it has a limited history in fan ownership.
MUST 
I told you so.
I told you so.
Meh, tired of MUST now.. I used to support them, but I think they have just made a mockery of themselves now to be honest.
They are a socialists as far as I can tell so this utopian idea of a fan-owned club is consistant with that. Don't forget these are the fools that opposed the BSkyB takeover.
Rather than coming up with silly and ineffectual boycotts against United they would be far better off lobbying for rules to be enacted (by the FA, Prem or Government) that would prevent such a massively leveraged takeover from happening again.
MUST
I told you so.
This post should be safe. No mention of sex toys.
would be a good idea for fans to buy shares in the club? I'm rather clueless with most things but the stock market is beyond me it seems.
It would have very limited impact but it would help put the club closer (albeit inches) to a fan ownership?
It would have very limited impact but it would help put the club closer (albeit inches) to a fan ownership?
No. A successful IPO will only strengthen the Glazers grip on the club.
MUST has about 3m in their coffers.
If they spunked it on this share scheme they would get 1% of the club.
Pointless exercise.
Sorry what? What fans around the world have they discussed this with?
Besides how ridiculous a suggestion it is to begin with, it is incredibly aspirational, impossible to measure and any impact would take years to make any sort of impact on major sponsors revenues.
The Glazers ownership, business model and behaviour is far from ideal but we're stuck with it, in the short term at least, if MUST want to suggest alternatives, or courses of action that will lead to more input from fans, then they should be realistic, practical and measurable.
.15%
That's a fairly bizarre statement. How can placing 10% of the company in the public market give them a stronger grip on the club than their current 100% ownership gives them?
I can't shake an image of Drasdo stamping his foot and pouting as he said this. Does he expect fans to be given the shares or is he expecting that they will buy them and if so, how many? Is the current MUST philosophy that they won't use the Phoenix fund for its stated purpose because the B shares have more votes and, if so, what are they going to use the fund for? (Come to think of it, does MUST have audited accounts?)
If the IPO is fully subscribed at top dollar, they get to pocket a load of cash and clear off a load of personal and club debt while not relinquishing any power. They would therefore be in a stronger position because of the reduced pressure to raise money for their or the club's needs.
Technically it would mean you own a part of the club. But realistically, a business the size of Manchester United will never be "fan owned".
Uh-oh. So much so for the IPO is going to fail bollocks.
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