They're not getting 70m for naming rights. The 70m are for shirt + training shirt + naming rights. In other words, not a huge jump from the 65m they were previously getting for shirt + training shirt.
Club ownership | Senior management team talk
- Thread starter golden_blunder
- Start date
We need a documentary made about the Glazers and how they have caused this mess.
Something that would get proper attention to show those leeches for what they are.
Something that would get proper attention to show those leeches for what they are.
Did I read somewhere that the club owns quite a bit of land (other than immediately by the ground), around Manchester Airport? If that's correct, does it have much value?
I see Liverpool have frozen ticket prices for next season, over to you Jim.
Yeh right
probably just to rub it in while they win the league
Would it be better for the club, yes. Would it help Ratcliffe to take control of the club from the Glazers? No.
The club would be saving money, but he would solve one of the Glazer's challenges and make it easier for them to stick around for longer.
With the debt still in place and the pending stadium revival project INEOS can leverage all this to say that the Glazers need to either invest their own funds, or sell off majority ownership to INEOS. Since the club will not be able to take on more debt to fund the stadium since they won't be able to service it. If he already fixed the debt so that the club pays almost no interest to service the existing debt, the Glazers could use their majority to force the club to take on new debt to fund the new stadium. Which should be easier to service than the current debt since the new stadium will lead to increased revenue.
Leaving the door open for the Glazers to stick around for another 10 years+.
Instead with the current debt still looming the Glazers need to find a way to fund the new stadium, or allow INEOS to do it in return for selling their equity. Yes, this summer the 18month moratorium on selling their shares to others than INEOS will be up, but this was likely just a period to give INEOS time to properly assess the club, make changes and use their resources/contacts to plan the future of the club (with stadium plans etc) without having to worry about Glazers trying to get into bed with others, but also showing that the situation is stable to externals like the government they were seeking partnership from.
Even after the 18month is up I believe INEOS will have the right to match offers, which makes it less attractive for others to bid for the club unless it's clear that INEOS no longer wants to take over majority.
I personally believe we will see INEOS begin getting majority control once the plans for the stadium revival is set in stone, but until then they can't speak publicly about these plans.
Theyve got to pull the trigger. Question is whether is stupid to bring in another manager mid season.
They might be better off finding a caretaker 3 months to steady the ship till end of the season.
They might be better off finding a caretaker 3 months to steady the ship till end of the season.
Our owner DGAF.
Can't get this picture out of my head.
I know that, why I said they can sponsor the pants
Tuchel --> Nagelsmann timeline was actually perfect. You get Tuchel and behind his back start talking with Nagelsmann. Why long term planning has to include just one manager? But this is something Madrid woiuld done, we do it diferently.
That said, I liked Amorim appointment. But I think we missed the trick.
Apologies for posting in here as well as the ticket thread, but I thought the owners had decreed that any available tickets for the rest of the season, bought officially through the club , were £66? You can currently buy tickets all over OT for Ipswich at ‘normal’ prices…?
Freaks.
Yep. I don’t believe there was ever any genuine interest from the Middle East. The whole shoddy process was always about getting the best price from Jim who had made his overtures apparent well before.
The Glazers were happy for him to front up the club, so they could disappear into the background and continue taking their dividends without getting the day-to-day flack that comes with actually running a club and owning the responsibility.
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Are you serious? They already look like donkeys, sacking the manager after appointing him few weeks ago on the back of just renewing the contract of the previous manager is one of the most idiotic footballing decisions ever made by any club in history. They will be the laughing stock of every club.
They just remined me of Hamburg SV in their last years when they tried to be smart and made stupid decision after the other and topped it with paying money on "young football talents" that never reached their potential resulting in the catastrophe of the club falling into 3rd tier football.
HSV never dropped to third tier. Since getting relegated they always were a top team in the 2nd Bundesliga, and always barely missed promotion. Now they are the longest continuous member in that league (after being the last founding member of the Bundesliga that was never relegated - they were the Dinosaur of the first league now they are the same in the second).
There are comparisons, but I would rather think of Schalke who are in deeper financial trouble than HSV.
There are similarities between United and both these clubs (Schalke for the financial problems) and ( HSV for their mismanagement with the coaching staffs and investment in wrong young talents approach that failed miserably).
Is there any truth in the rumour that Ronaldo is looking to front a Saudi bid for the club?
Wouldn't surprise me if Ronaldo bought a stake in the club. Bet he's a billionaire and will be going down the Beckham post-playing career route rather than coaching or punditry.
Ineos have been a total disaster. They have made decisions that would have got us relegated if it weren’t for Leicester and Southampton being so shit.
Jim Ratclife should be getting a lot more criticism from the press for all this shite, he is getting away with this very lightly
Jim Ratclife should be getting a lot more criticism from the press for all this shite, he is getting away with this very lightly
Didn’t he say not long ago he’ll be an owner of a club when he retires? Rather than take up the coaching route he wants to own a club.
I doubt it.
Saudis already have real estate in Newcastle, so there'd be a conflict of interest, even if the bidders were 'private'.
Ronaldo turning us into his own vanity project would be highly, em, amusing?
Not a bad comparison, considering, but we aren't there yet.
The BL is practically a dead league, anyway. Bayern usually dominate the trophies whereas red bull and other monstrosities horde the European places.
More leeway in the EPL but, well, we've got quite a job on, don't we?
God hope not.
He’ll end up calling the new stadium Suiiiiiii or something crap like that.
The further away he is from MUFC the better.
He really isn't.
In fact 'Brexit Jim' gets worse coverage than the primary cause: The Glazers.
(Edit: He deserves negative criticism but we deserve a wider perspective, just)
Right, so you think our freefall is because of INEOS? Nothing to do with the mismanagement of the club for the last 10 odd years?
Instead, blame the ones that been at the club for 1 year.
Is it a mere coincidence that the only time we're very loosely flirting with relegation happened year 1 with Ineos?
Possibly worse based on what exactly?
Or, is it possible that the only reason INEOS are here, is because the financial situation at the club had become so dire, that the Glazers finally decided to sell off a portion of the club?
We have been on a downward spiral for years now.. we had relegation level performances for about 5 years now.
Just because we got points luckily last season, doesn't mean we were a title winning team under Glazers gone to Relegation in 1 year.
So you think INEOS have said... players.... dont play as well and lets get relegated?
It's more as if United jumped from a skyscraper and INEOS where waiting at half height and thought it would be a good solution to just jump along. They could have attached a bungee rope or taken a parachute, but didn't
The financial troubles have little to do with our current standing, considering we were happy to spend in summer. It will be the cause of our future troubles, mind
If United weren’t financially hamstrung then I suggest we wouldn’t be desperately pushing out high earning players, seeking value in Arsenal youth players in the January window, and having to prioritise the sale of academy players just to stay afloat.
That's all true, but January has really been the first time this actually came into play
please let it be true. Sell Newcastle too, just for more spice
Wish someone had the money for a better offer
What i don’t understand is why we are riddled with their debt. Why is it allowed to sit their getting bigger and bigger, even when they’ve received a huge sum from Sir Jim/Ineos?
Is there an article I could read to explain (like is that just business) or a resident expert here? I don’t understand what football governing bodies do if they allow that shit.
Really fecks me off reading all the criticism the club and new owners get when it’s those rats still under the surface profiting. No doubt Ineos haven’t been perfect either but they’re trying their best to reverse a monumental financial burden.
Is there an article I could read to explain (like is that just business) or a resident expert here? I don’t understand what football governing bodies do if they allow that shit.
Really fecks me off reading all the criticism the club and new owners get when it’s those rats still under the surface profiting. No doubt Ineos haven’t been perfect either but they’re trying their best to reverse a monumental financial burden.
Assuming it's cos they put the debt on the club. It's not their debt. It's the clubs.
That's how they bought the club, they borrowed the money and placed the debt on the club, at the time there were no rules in place to stop a 'leveraged buyout', as far as I know it had never been done before to buy a football club in the UK, this practice was banned so it can't be done now
They have made big mistakes since taking over. If they hadn't we would probably be in the top 6 teams now.
Not sacking ETH after the fa final.
Backing him with 200m.
Sacking Asworth just after spending a fortune to hire him.
Sacking ETH after offering him a new contract and buying crap players for him.
Forcing Amorim to come now instead of the summer and in that process spending another small fortune.
Not listening to Ashworth who new this squad is wrong for Amorims system.
Bringing Amorim now knowing they can't bring in players for him in January.
Not leaving Ruud as an interim until summer.
All the above have contributed to us beeing 15th with zero progress.
INEOS are rubbish.
Not to mention they are the reason the Glazers are still here despite putting the club up for sale.