Club ownership | Senior management team talk

£1bn spent on interest payments and still owing £1bn. I try to detach myself form it all but I feel like crying.
Its a disgrace. And my question is, having no clue about economics: Why it was "New owner of the club, after paying 5 fecking billions to Glazers, needs to pay another additional 1bil to clear the clubs debt"??? Why its not "I give you feckin Glazers 4bilion, and 1bil on top to clear the debt." I dont get it. FA needs to act otherwise this ponytail cnut will be able to completely ruin this historical football club.
 
Its a disgrace. And my question is, having no clue about economics: Why it was "New owner of the club, after paying 5 fecking billions to Glazers, needs to pay another additional 1bil to clear the clubs debt"??? Why its not "I give you feckin Glazers 4bilion, and 1bil on top to clear the debt." I dont get it. FA needs to act otherwise this ponytail cnut will be able to completely ruin this historical football club.
Because they value the club without debt at 6 billion.
 
I wonder if the email itself will leak! All jokes aside if there are multiple leaks of business information or information treated as in confidence then there should be repercussions just as in any other business.

Modern age of social media and how fast information travels this is extremely difficult to manage.
 
Manchester United staff threatened with sack if they leak information

Good.

Siht-stirrers deserve the clip, especially those on the payroll.
Let me spell out.
Glazers = Emperor Palpatine
INEOS = Darth Vador
That’s the evil empire. Led by the (Glazers) emperor who stays away, with INEOS being muscle doing the dirty work and the face people see and attribute to everything.

Qatar: Actual dictatorship.

The analogy between Ineos and Vader doesn't hold. Vader is a formidable asset.

Best Ineos analogy is the Labour Party under Starmer. Both dithering about the decade-plus of mismanagement they've had to deal with. Both face hostile press. Both underwhelming and likely replaced with something to the right of...
 
We’ve paid out a billion since they took over. Sure we’ve spent more on transfers, but do you honestly think we’d be in this position if that billion didn’t get taken out of the club?

It's possible to be at the top with huge financial losses - it's not possible to be at the top with losses on buying bad players. So of course it's not sustainable in the long run - but if our 1 billion spent on bad players had been spent on good players - we would not be where we are today
 
So you think at Manutd they have a majority ? 28% is Majority?

At least I know where you stand...

Have they won stuff in those? Yes...
Everyone knows they have a rather odd setup at United where they have responsibility for the running of the club despite being minority owners, that isn't the case at Mercedes

It was so obvious I didn't think it worth posting out
 
Good.

Siht-stirrers deserve the clip, especially those on the payroll.


Qatar: Actual dictatorship.

The analogy between Ineos and Vader doesn't hold. Vader is a formidable asset.

Best Ineos analogy is the Labour Party under Starmer. Both dithering about the decade-plus of mismanagement they've had to deal with. Both face hostile press. Both underwhelming and likely replaced with something to the right of...

The bootlicking is strong in this one
 
The bootlicking is strong in this one

This mindset is ridiculous.

Any slither of support for the club is seen as bootlicking & we should all be against the big bad club that is Manchester United. The Manchester United that we all love and support!

But oh no! You raised a viewpoint that is different to mine so you MUST be a bootlicker!!

All for one and one for all! Let’s fight this evil club and tear it down!! Rah rah rah!! *raises fist* - Let’s destroy the club we know and love!

No wonder the club is toxic from top to bottom.
 
Wonder how many would have predicted that the club would become more toxic after the takeover
If I leaked company information I would be sacked from my job as would pretty much anyone else in their job, why should a football club be any different?
 
This mindset is ridiculous.

Any slither of support for the club is seen as bootlicking & we should all be against the big bad club that is Manchester United. The Manchester United that we all love and support!

But oh no! You raised a viewpoint that is different to mine so you MUST be a bootlicker!!

All for one and one for all! Let’s fight this evil club and tear it down!! Rah rah rah!! *raises fist* - Let’s destroy the club we know and love!

No wonder the club is toxic from top to bottom.

Yup.
 
Just a nice bit of irony with how that notice ended up leaking to the press :lol:

Sums it up for us really right now
 
Quite frankly it's getting increasingly difficult to really care about United. It's nothing but bad news and misery, on top of dreadful football that is about as exciting as watching the antiques roadshow. All we have to look forward to is the day when the Glazers walk away, and that will only happen when the club is a smouldering ruin with nothing left to plunder
 
Quite frankly it's getting increasingly difficult to really care about United. It's nothing but bad news and misery, on top of dreadful football that is about as exciting as watching the antiques roadshow. All we have to look forward to is the day when the Glazers walk away, and that will only happen when the club is a smouldering ruin with nothing left to plunder

Then we’d start on the INEOS out train, by the looks of it, they could potentially be just as bad?
 
It's possible to be at the top with huge financial losses - it's not possible to be at the top with losses on buying bad players. So of course it's not sustainable in the long run - but if our 1 billion spent on bad players had been spent on good players - we would not be where we are today
I’m not even sure what point you’re making vs my post. It’s no surprise that owners who have completely mismanaged the financial side of the business, have also mismanaged the football side of the business.

Could we have continued winning things with the debt as it is, yeah sure. But we never stood as chance with owners that were happy to suck the club dry.
 
I was gutted when Ratcliffe didn't buy Chelsea. Could never believe he'd become owner of United.

And for what it's worth, I'd be gutted if we were bought by the Qataris too.

Anyway, hopefully we can win some fecking games (unlikely).
 
Everyone knows they have a rather odd setup at United where they have responsibility for the running of the club despite being minority owners, that isn't the case at Mercedes

It was so obvious I didn't think it worth posting out

Yes, I get it now... from your post I understand you want the Glazers to remain because of their sporting achievements at other ventures.
 
If I leaked company information I would be sacked from my job as would pretty much anyone else in their job, why should a football club be any different?
Point is that this only happens because it's an incredibly toxic work environment where people feel this information should be brought to light rather than them just going around cutting everyone and no complaints
 
Point is that this only happens because it's an incredibly toxic work environment where people feel this information should be brought to light rather than them just going around cutting everyone and no complaints
Toxic work enviroments are only one reason why people leak information,whatever the reason at best if you are caught doing it you'll get your knuckles rapped or lose your job
 
Point is that this only happens because it's an incredibly toxic work environment where people feel this information should be brought to light rather than them just going around cutting everyone and no complaints

Redundancy as shit as it is happens in multiple organisations every year, the company I used to work for despite having record revenue and profit the year before laid off 40% of their workforce and sent the jobs offshore, that place was not a toxic workplace these things happen, I decided to leave anyway but that would have been X2 I've been made redundant the only reason it's in the news is because it's United
 
Redundancy as shit as it is happens in multiple organisations every year, the company I used to work for despite having record revenue and profit the year before laid off 40% of their workforce and sent the jobs offshore, that place was not a toxic workplace these things happen, I decided to leave anyway but that would have been X2 I've been made redundant the only reason it's in the news is because it's United

Exactly. They happen even more when a new owner / minority owner comes in, they are more likely to shake things up.

In every workplace I have been, when a new MD or owner comes in, the first thing they do is look at overheads at the organisation. They also said they are doing a review of the club.

I know people are upset but some of our staff are incompetent. I always give the caterer's as an example... we had a 1 out of 5. We need a clear out top to bottom and that's what we are doing.
 
Exactly. They happen even more when a new owner / minority owner comes in, they are more likely to shake things up.

In every workplace I have been, when a new MD or owner comes in, the first thing they do is look at overheads at the organisation. They also said they are doing a review of the club.

I know people are upset but some of our staff are incompetent. I always give the caterer's as an example... we had a 1 out of 5. We need a clear out top to bottom and that's what we are doing.
I don't think that's what people are upset about though (at least not in isolation). It's a combination of the comically excessive penny pinching at the ground level and the wasteful spending on poor footballing decisions.
 
This mindset is ridiculous.

Any slither of support for the club is seen as bootlicking & we should all be against the big bad club that is Manchester United. The Manchester United that we all love and support!

But oh no! You raised a viewpoint that is different to mine so you MUST be a bootlicker!!

All for one and one for all! Let’s fight this evil club and tear it down!! Rah rah rah!! *raises fist* - Let’s destroy the club we know and love!

No wonder the club is toxic from top to bottom.

Nonsense. Some of us love the club, not the owners
 
Exactly. They happen even more when a new owner / minority owner comes in, they are more likely to shake things up.

In every workplace I have been, when a new MD or owner comes in, the first thing they do is look at overheads at the organisation. They also said they are doing a review of the club.

I know people are upset but some of our staff are incompetent. I always give the caterer's as an example... we had a 1 out of 5. We need a clear out top to bottom and that's what we are doing.

We are talking a man who says he dislikes “people who get the bus” and put it front and centre of the INEOS mission statement - a company that have been embroiled in battles with unions for years for the poor treatment of staff, pay freezes, miserly changes to pensions… the list goes on.

This is not just a shake up, this is a man imposing his own stingy business ideologies on a football club, carrying out short term decisions for which it could potentially take a years to see the full consequences of, for example cutting back our scouting department.

Meanwhile they are haemorrhaging millions in the first season of control at an astonishing rate on bad footballing decisions.
 
I honestly think we are finished as a top club. It breaks my heart to say it, but we are finished. The Glazer vampires are finally sucking the last bit of life force out of the club.

I wonder if we have lost a generation of fans
 
Because they value the club without debt at 6 billion.
Shouldn’t the clubs value be decided by a financial institution independent of the Glazers though?
They should cut the asking price considerably seeing as their (assets) OT and Carrington are going to need to be rebuilt.
 
Shouldn’t the clubs value be decided by a financial institution independent of the Glazers though?
They should cut the asking price considerably seeing as their (assets) OT and Carrington are going to need to be rebuilt.
The value of anything is what someone is prepared to pay for it

If you think your house is worth 200K would you sell it for 120K because a bank told you in their opinion that is what it's worth?