RedDevilUnited369
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- Aug 26, 2015
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The standards are on the floor.
I no longer recognise my club.
Who are we now?
We have a billionaire family and another billionaire owner and we’re in the mud.
I’m disgusted.
I think the 'playing with fire' most people refer to is the making of bad football decisions though, not 'Charlie from the ticket office taking the piss with his free lunch order'.
Out of interest, would you still be supporting cutting staff and making these hard decisions in the short term if it was the Glazers in charge, or is your tolerance of them / view they are necessary pain dependent on the fact that it's someone new (and hopefully competent) leading them?
I know you never specifically said that these cuts would make us successful, that's why I mentioned that it's faith - you believe that these cuts are necessary to give us the chance to be successful on the pitch in the future.Fair enough, neither of us know what Ineos would have done if United were rich & successful. If you think they'd have done the same thing if we were, that's up to you.
United's accounts & financial difficulties are a matter of public record. This is pretty much the one thing that isn't open to debate. The exact extent of risk is hard to know, but £370M of losses in 5 years is dire.
"These cuts will make us successful in the future". Never said that. Its not that simple. The success (or indeed failure) of strategic plans like this is measured over years, not months, and that's the timeframe I think Ineos should be judged over. The cuts they're making will save money while also lowering short term productivity and morale. That makes the "now" worse, but gives them more flexibility and control in the future. If they can utilise that flexibility well, it opens the door to a level of success that they didn't have, in which case the cuts are net positive. But if they spunk it all on crap, then we're probably worse off than before. Since we have no idea what they're going to do with that added capacity, we can't really say whether "it will make us more successful in the future". It opens the door to success, but time will tell if they can push through.
Ok, let me rephrase: would you still be supporting cutting staff and making these hard decisions in the short term if it was JUST the Glazers in charge, or is your tolerance of the approach / view that it is necessary pain dependent on the fact that it's someone new (and hopefully competent) leading them?Yes, but you have to realise that footballing decisions have impact on other areas, especially if you are a football club.
The Glazers are in charge though.
Yep, I am pretty much done with this club. Have supported since I could barely walk, first match saw Gordon Hill in full flow. Lots of bad days before Fergie, but always hope. Now it feels utterly destroyed, the soul has gone. Glazers have sucked the corpse dry and Radcliffe is kicking the corpse.The standards are on the floor.
I no longer recognise my club.
Who are we now?
We have a billionaire family and another billionaire owner and we’re in the mud.
I’m disgusted.
Joel would be the most palatable insult that you'd get!The fans would kill the club faster than a sport washing oil regime. Too much petty squabbling and infighting - like calling each other ‘Joel’ for example.
Ok, let me rephrase: would you still be supporting cutting staff and making these hard decisions in the short term if it was JUST the Glazers in charge, or is your tolerance of the approach / view that it is necessary pain dependent on the fact that it's someone new (and hopefully competent) leading them?
Without trying to sound like I'm condoning or defending these decisions.
Do all the other big clubs provide all these free meals and travel etc.. ?
I'm just wondering if United were over generous for all these years. Take clubs out of it, do all large companies provide free meals etc for their employees?
It still sucks to take pleasures away and cutting so many jobs. The question is were all these jobs actually needed. I wonder what the workforce is like in numbers for the likes of City, Madrid, Barca etc..
Just a food for thought
It is definitely a nice perk.For free meals, it's pretty normal for sports teams that do in-house catering.
The rationale is fairly obvious: if you are hiring chefs and nutritionists to make the healthy stuff that you need your first team players to eat during the day, it doesn't cost much more to ask them to increase the volumes and give your other staff a nice perk. I have a friend who does specific personal training for professional sports clubs and if he's down in Brighton, he'll get a free lunch in the canteen with the players and the coaches and staff.
It's also common in the catering world, although each place there varies. Some restaurants give their staff a free meal, some from a specific smaller menu, some just a discount if they eat at work etc.
The 'HR theory' is that you increase staff welfare by making sure your staff are healthy and well fed, develop more camaraderie by everyone eating together and socialising, minimise the time and disruption of them going away and getting lunch each day, attract better quality staff and have better retention by offering a free meal as a perk, etc. Whether that is worth the extra cost is obviously open to debate and depends on the organisation.
In terms of numbers, I think United has a lot of staff but I believe I read that we have less than Liverpool after the first round of redundancies. Obviously you'd probably expect us to have more staff than any other team given we are largest and likely have a bigger ticket office, marketing department etc.
Indeed. And Bayern, Madrid, Barcelona. The traditional elite clubs of Europe in terms of revenue. The next cut would see the club have fewer staff than Chelsea, Spurs, and petro fueled PSG. It's not about correcting for inefficiency or normalization.For free meals, it's pretty normal for sports teams that do in-house catering.
The rationale is fairly obvious: if you are hiring chefs and nutritionists to make the healthy stuff that you need your first team players to eat during the day, it doesn't cost much more to ask them to increase the volumes and give your other staff a nice perk. I have a friend who does specific personal training for professional sports clubs and if he's down in Brighton, he'll get a free lunch in the canteen with the players and the coaches and staff.
It's also common in the catering world, although each place there varies. Some restaurants give their staff a free meal, some from a specific smaller menu, some just a discount if they eat at work etc.
The 'HR theory' is that you increase staff welfare by making sure your staff are healthy and well fed, develop more camaraderie by everyone eating together and socialising, minimise the time and disruption of them going away and getting lunch each day, attract better quality staff and have better retention by offering a free meal as a perk, etc. Whether that is worth the extra cost is obviously open to debate and depends on the organisation.
In terms of numbers, I think United has a lot of staff but I believe I read that we have less than Liverpool after the first round of redundancies. Obviously you'd probably expect us to have more staff than any other team given we are largest and likely have a bigger ticket office, marketing department etc.
It is definitely a nice perk.
I have a mate that works at a hardware store and they have a cafe, each staff member have a 20% discount and one free meal a week. It's a completely lower scale of operation compared to a large football club but just for the sake of culture and perks in a company I bring that up.
Yes I understand the theory. It does suck to have a nice perk like that then it's taken away. Being a common folk and seeing how bad the players are playing must be frustrating for them after having perks taken away.
I know United have markets pretty much all over the world but maybe their workforce was simply too big.
Again, it's not me trying to defend INEOS. They are being the bad guys by having to do all these cuts. My point is maybe the club were over generous (which isn't a bad thing) compared to culture of other clubs/companies.
The finances seem a whole mess.
I certainly do. You only have to look on here to see the wide and varied opinions about every little thing. Fans are overly emotional creatures.You can't honestly believe that can you? The Fans would appoint a board, not all vote on everything themselves.
I was only having a light joke. Tell Avram that he looks like a rat.
I certainly do. You only have to look on here to see the wide and varied opinions about every little thing. Fans are overly emotional creatures.
I wouldn’t even trust the fans to appoint a board successfully without fall out and recrimination.
Exception that proves the rule, plus United fans are a unique breed.Look at Bayern.
Even if they manage to appoint a board it would take a couple of losses and it'll be sack the board, repeat and rinseI certainly do. You only have to look on here to see the wide and varied opinions about every little thing. Fans are overly emotional creatures.
I wouldn’t even trust the fans to appoint a board successfully without fall out and recrimination.
I'm 30 and I was very young opening my business which will be 10 years this year. It's a food business.I worked in companies who offered that service and I assure you that its a tedious to manage but highly important perk. You only notice how important it is when you tweak around it. For example there was a time when the canteen was going to be refurbished. The organization gave a fair allowance in exchange with the idea of phasing the canteen out (there was issues with the contractor) if the scheme proved to be popular among the employees. Turned out that it wasn't the case as the HR department was bombarded by a horde of people constantly asking when the canteen is going to reopen again, whose going to take the tender etc. HR also pushed for a healthy eating day once a week with a bigger choice of salads etc instead of hot meals. Once again they were inundated by complaints as people working outside or doing physical work (ex maintenance people etc) who weren't happy with the change at all.
The company introduced a 'theme day' (ex international culinary once a week) on a Friday. Anyone who works in the sector knows that its a day were people tend to do a Luke Shaw on it so to speak. The rate of sick leave plummeted because of it. Because of that success a cake and coffee day was introduced on a Monday as well with equal results.
Exactly! It would be a proper shitshow!Even if they manage to appoint a board it would take a couple of losses and it'll be sack the board, repeat and rinse
Actually the won't, part of the Ratcliffe deal was there would be no dividends for at least 3 yearsAll these cuts, will still amount to less savings than what the glazers will take out of the club in dividends at the end of the financial year.
They will have structured it as repayments of shareholder loans, which isn’t a dividend but achieves the same outcome.Actually the won't, part of the Ratcliffe deal was there would be no dividends for at least 3 years
No dividends this year- part of the Ineos investment terms involve the Glazers agreeing to not take any dividends for 3 years. Poor guys. And people say they don't make any sacrifices for Man Utd.All these cuts, will still amount to less savings than what the glazers will take out of the club in dividends at the end of the financial year.
No dividends then overpays them on the share valueActually the won't, part of the Ratcliffe deal was there would be no dividends for at least 3 years
The Glazers contractually cannot take dividends for 3 years. That takes us to 2027 when the Glazer debt becomes repayable and will likely need to be refinanced. Given our financial predicament and much higher interest rates the money likely won’t be available for dividends at that point either.All these cuts, will still amount to less savings than what the glazers will take out of the club in dividends at the end of the financial year.
Yes exactly, a culture was created and now it’s been torn to shredsFor free meals, it's pretty normal for sports teams that do in-house catering.
The rationale is fairly obvious: if you are hiring chefs and nutritionists to make the healthy stuff that you need your first team players to eat during the day, it doesn't cost much more to ask them to increase the volumes and give your other staff a nice perk. I have a friend who does specific personal training for professional sports clubs and if he's down in Brighton, he'll get a free lunch in the canteen with the players and the coaches and staff.
It's also common in the catering world, although each place there varies. Some restaurants give their staff a free meal, some from a specific smaller menu, some just a discount if they eat at work etc.
The 'HR theory' is that you increase staff welfare by making sure your staff are healthy and well fed, develop more camaraderie by everyone eating together and socialising, minimise the time and disruption of them going away and getting lunch each day, attract better quality staff and have better retention by offering a free meal as a perk, etc. Whether that is worth the extra cost is obviously open to debate and depends on the organisation.
In terms of numbers, I think United has a lot of staff but I believe I read that we have less than Liverpool after the first round of redundancies. Obviously you'd probably expect us to have more staff than any other team given we are largest and likely have a bigger ticket office, marketing department etc.
I worked all sort of work from office work to physical work. The latter requires far more protein then the former. I had a colleague who nearly fainted 6 stories up because he insisted on a purely salad diet. I am sure that there's a way to work it out but it's far from easy.I'm 30 and I was very young opening my business which will be 10 years this year. It's a food business.
I don't have any experience working within a company culture as most of my working life so far has pretty much been working for me. That's why I might sound silly asking these questions.
Any lads doing psychical work want a good feed. I have a fast food takeaway and anytime tradesmen etc.. come in, it's a really big feed they'll get.
It's also because it's comforting to them after a hard days work. A lot see healthy eating as a chore. It's just not what they want after physical labour.
It's interesting how many times the company tried to change the eating culture.
Perhaps a perk like this at United wasn't really worth cutting for the sake of morale etc..
I completely understand that. It makes sense. That worker in particular, of course if he had a better diet that wouldn't have happened but the point is they need a good feed and if they do hard work and long hours, it goes back to my point of comfort food also.I worked all sort of work from office work to physical work. The latter requires far more protein then the former. I had a colleague who nearly fainted 6 stories up because he insisted on a purely salad diet. I am sure that there's a way to work it out but it's far from easy.
I also noticed how diverse a workplace can be. You have people (mostly foreigners) who came to a country to make as much money as possible (probably to afford opening a business home). These people tend to be insanely hardworking, they'll take every shift (including the worst shifts) and tend not to have many if any friends. By giving them a free cooked meal whom he can eat among colleagues/ their only friends you'll ensure their loyalty and it will act as an incentive for them to work more. I worked with people who popped into work almost every day because of it.
I'm sure it's been pointed out many times already, but can you imagine what state the ownership under the Glazers would be looking like now, if INEOS hadn't come in?
Quite likely they would have stuck with Erik after the FA Cup final win and signed the same players he wanted.
Just feels like INEOS have become a distraction to deflect the attention and anger away from th Glazers. Perhaps they would have done some shady deal with a US investment fund for extra funds, but at least all our frustration could be concentrated on the sole cause of our demise.
If the Glazers sold the club for £4 billion (which is a more realistic price), they would earn more in interest by just shoving it in a bank than they get paid in dividends. Don't know why they're still hanging around, stinking the place out.The Glazers contractually cannot take dividends for 3 years. That takes us to 2027 when the Glazer debt becomes repayable and will likely need to be refinanced. Given our financial predicament and much higher interest rates the money likely won’t be available for dividends at that point either.
Unless they are willing to give up equity, the Glazers days of creaming riches off this club are all but over.
It’s got to be said but the Glazers have performed an absolute business masterclass in many ways. The leveraged buyout, the dividends and pumping up sponsors, even inheriting Fergie and some success initially, and now get paid handsomely to have somebody step in to take the blame.
Fans need to wake up and get off INEOS back because it should come as no surprise that they’ve actually run us into the ground and somebody else has luckily stepped in to at least try to do something about it. I can’t listen to anymore people say Ratcliffe doesn’t want best for the club because it’s the only reason I can see why he’s got involved with this mess. Business wise it’s just throwing away money and time right now.
The club was heading towards the abyss financially and It almost certainly would have meant investment loans from the US. The Glazers may be terrible owners, but they can read a balance sheet. They knew that they had no other option.I'm sure it's been pointed out many times already, but can you imagine what state the ownership under the Glazers would be looking like now, if INEOS hadn't come in?
Quite likely they would have stuck with Erik after the FA Cup final win and signed the same players he wanted.
Just feels like INEOS have become a distraction to deflect the attention and anger away from th Glazers. Perhaps they would have done some shady deal with a US investment fund for extra funds, but at least all our frustration could be concentrated on the sole cause of our demise.