@Ralphie
But the question is whether the additional value is in excess of what you have to spend to achieve that. If we can increase the value of the club by 5% by winning the CL for eahc of the next 5 seasons, it's still not worth it for the Glazers if they have to spend £100m in net terms in the transfer market during that period.
Makes sense in some ways but doesn't that apply to ANY owners of ANY club? Why don't 95% of teams out there spend £100million net over a five year period?
The fact is that whatever our net spend has been over the last five years, it has been enough not only to increase the value of the club but also to maintain our status as one of the top clubs in Europe. Do you not think that the Glazers will try to continue to do this in the future? On what grounds?
Whatever money spent by the Glazers will have to be generated from within the framework of their business model. It is plainly obvious now that they won't be dipping into their own pockets to supplement the transfer budgets with external monies but, who would want to run like this anyway? It has been proven time and time again that it is not a recipe for long-term stability and success.
The "wild spending" of the early 90s came about due to funds coming into the club from the floatation on the stock exchange - there was nothing "plastic" about it - it was real money generated by the business plan of the time.
I was having a discussion with someone else about the cost of winning the PL versus the cost of finishing 3rd or 4th every season and the argument that the amount of extra investment required to win it is greater than the monetary returns and so finishing 3rd or 4th might be a more desirable scenario for the owners but I think it falls down on a couple of counts.
1) Attempting to spend "just enough" to finish 3rd or 4th would be a very dangerous game - what if you fall short and end up 5th? How much would THAT cost the club?
2) If clubs are required by the FFP regs to live within their means then could we not find a situation where ALL the top clubs are trying to maximise income and are so ALL trying to ensure 3rd or 4th place finishes? We can't ALL finish 3rd or 4th - someone has to win the League - even if it ends up being by default.
In short, surely the idea is to provide the manager with everything possible to ensure that we go into each season with a squad
capable of winning trophies but if we fall short and finish 2nd or even 3rd - well, no big deal from a financial point of view.
Besides - it has proven time and time again that simply spending money doesn't guarantee success and, indeed, can create its own problems and become counter-productive when it goes to extreme levels.
On the subject of ticket prices, you say:-
We simply don't know why the Glazers froze ticket prices. Could be the recession, could be the drop in demand, could have been the rumours of a boycott, could have been the protests and adverse PR, could have been the new overseas TV money coming in. Could have been a combination of all of those factors.
That's supply and demand, Ralphie. There are a multitude of factors that go towards determining the price of the tickets and those things you mention are just some of them.
My interests as a fan are to be able to go and watch the matches with my mates, many of whom now can't afford tickets. They are to experience a good atmosphere in a full stadium of happy fans. They are to see my team continue to bid for the best players on the planet, not play second fiddle to the likes of Real and City. They are to see my team financially secure. They are to see the money I put into the club being invested in the club.
Being completely callous here but who's responsibility is it to ensure that you can afford to go and watch your favourite football team? Yours or the Glazers? We've discussed this issue to death and I can't see any fairer way (to ALL fans - not just you and your mates) of ensuring that as many people as possible can get their hands on STs. The level at which you and your mates could afford to go might still be too expensive for others - should the price be dropped further to allow them to afford tickets?
And then, despite wanting to put less money into the club, you still want us to be bidding for the "best players on the planet". Where will this money come from? From other sources of income that comes into the club? Why should the Glazers do that? Why should they forego their own share in order to subsidise the transfer budget?
Would YOU do that? I mean, really, really, really? If you were in charge, would you halve ticket prices and supplement the shortfall with £50million of your OWN money? I dunno.
It has already been demonstrated that it could be argued that something along these lines is already happening as the wage bill is currently approx £20million more than matchday income (i.e. it could be argued that every penny that goes into the club from the fans is used to fund the team and then some).
What you are doing is saying that all the other money that comes into the club (TV, prize, commercial etc) is also "fans money" and should be invested in the team because... well, because you say so.
Can you not see why a club owner might not share that view?
In an alternate reality where the fans own the club then maybe this would happen, granted but that's not the way things are at the moment.
As for second fiddle to the likes of Real Madrid and Manchester City, I think you will find that we have always played second fiddle to Real Madrid in terms of transfer spend (they and other top European sides have spent far more than us for as far back as I can remember) so nothing has really changed in the real world, you just seem to be looking at the past with the rose tinted specs a bit here when we regularly had the likes of Zidane, Figo, Maradona and Platini playing for us.
I also cannot see for the life of me how Real Madrid can spend so much money on players - they are certainly not operating on a level playing field in that respect.
City are also just a ridiculous case of a team operating on a completely uneven playing field and to put them up as some kind of comparison is grossly unfair - no one in the world (whoever their owner) can really compete with City in terms of transfer kitty at the moment.