Club Ownership | INEOS responsible for the football side

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Apart from the money for the purchase of the club's shares and £120m cleared from revolving credit facility. Has he spent out of pocket on anything else?
I don't think he can do that easily without consulting the rat family because any money he puts up will have implications on the shareholding structure and the Glazers would want that money for themselves.

What's more exciting for me are the appointments, we are a rich club and if we play our cards right over the next two summers we will be in a much better position financially and on the pitch. So my eye is on the appointments and getting Berrada and Ashworth in were two major coups.

What I like so far is that he has assembled a really strong team and they are both interested on the football. Brailsford, Blanc, Berrada and Ashworth is like a 199 times more experienced, more focused than whatever structure Woodward had conjured up with his mates.
 

But he’s a bullshitter they keep telling me

Assuming they’re correct, am I right in thinking that’s quite significant? He was quite influential in the development of a few of those city players?

Reunited with Berrada too. Saw something in a fanzine that said INEOS are interested in a few high ranking current and ex city staff who helped them become what they are today
 
But he’s a bullshitter they keep telling me
I’d say it’s clear he has sources somewhere. His information is too consistent to be made up.
People just don’t want to believe that someone who isn’t an accredited expert might know more than them. He wound folk up making them pay for the info on patreon too, but fair play if some will support him on patreon- we’re all just trying to make ends meet after all.
I don’t think you’ll ever win that battle dude, better to smile wryly to yourself every time he is proven right. Each to their own innit! ;)
 
I hope not, I’d hope we can be more original than that!
Well Ashworth isn’t from city, so there’s something

Ultimately though isn’t it what city did in the first place themselves? They got pretty much all their key staff from Barcelona, who were the best team in the world at the time. city just happen to be the best team in the world now

If it’s true though, and with the Berrada connection, I could see United making an ambitious attempt for Arteta.
 
INEOS finding out that it's not that easy to get anything done at United.

Gonna be another long summer...I will happily be proved wrong if it turns out otherwise.
 
We’re doing something right if people are getting pissed off. No one just lets they’re best staff go without a fight
The issue is because of the Glazers incompetence and neglect, we’re having to hire all these guys in one go, which makes it easy for the target clubs to dig their heels in knowing we’re desperate.
 
Ha. I couldn’t tell you if the interest rates are high or low. But these types of credit lines are the corporate version of payday loans, so interest rates could be relatively high.
Terrible analogy. They're lines of credit, similar to the ones banks offer to their high net worth/income clients. They're variable interest loans based on the borrowing rate the bank pays plus a margin. In the case of United's revolving credit facility, I believe that margin varies between 2.5 and 3%. So if it costs the bank 3% to borrow money and they charge you 6%, that seems like a much much better deal than any pay day loan your average Joe is getting.
 
We’re doing something right if people are getting pissed off. No one just lets they’re best staff go without a fight
Agree! Genuinely haven’t had that feeling for years.

Hopefully it’ll be the same with signings once we start to get good again. Like when we were after the likes of Tevez, RvP, Rooney, Berbatov and sent their clubs and fanbases into meltdown and tears
 
Agree with him here for once


Agreed, it's bizarre. Sure it might impact their plans for next season but are we supposed to wait until their season ends? That might feck them up even more as they prepare for a season in the PL or another season in the Championship.
 
Terrible analogy. They're lines of credit, similar to the ones banks offer to their high net worth/income clients. They're variable interest loans based on the borrowing rate the bank pays plus a margin. In the case of United's revolving credit facility, I believe that margin varies between 2.5 and 3%. So if it costs the bank 3% to borrow money and they charge you 6%, that seems like a much much better deal than any pay day loan your average Joe is getting.

Obviously I wasn’t suggesting we are paying 25% interest :rolleyes:
 
INEOS finding out that it's not that easy to get anything done at United.

Gonna be another long summer...I will happily be proved wrong if it turns out otherwise.

What? Players are different to these positions, they won't have to serve gardening leave.

Omar came from City without a hitch, he joins in the summer ready to go with no problem... Only Ashworth that's been an issue so far.
 
finally getting a back room staff in the right places with football people not muppets like we've had to deal with for the past 5-10 years
 
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