FSG do have the money, they just choose not to spend it like water, (or oil) and when they spend big they spend big, last year they gave a baseball player a 6 year $140 million contract, they're offering something bigger for someone else this year
Club Sale | It’s done!
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That's not a lot in baseball though. In any case it's not money they are putting in. It's the club's money putting back into club no?
It is when you've gotten a dozen guys on contracts like that, and the club doesn't really have that kind of money, they get their income from TV, and guess who owns the TV station, yep, FSG, and of course the rest comes from over-priced merchandise and extortionate priced drinks and food at the games -whilst it's not directly the same there's a lot of overlap
Yeah, that is where I would draw the line for sure. There are skeletons and then there are skeletons.
Imagine if you are related to the journalist who MBS had murdered and chopped up in pieces, and then see how he (he is the Saudi state) gets to buy and own the biggest sports brand in the world. For me it’s a complete mystery that the Saudi’s could buy Newcastle. At the same time, it’s sanctimonious to some degrees since we all probably live in countries that also does business with the Saudi’s.
What would drawing a line mean for me? I certainly wouldn’t mind seeing protests. Seeing like the Must come out and say that they will try to stop it.
This will take a while, everyones rumours have gone cold
I was here…on page 100 of this historical thread!
#GlazersOut
#GlazersOut
Gotta love the people who think a multi-billion pound take over of a football club or any business could be done in a couple of weeks, just because rumours have gone quiet or we don't hear much. Can't compare it to Chelsea as Roman was under severe pressure to get a quick sale as the club could have went under because of his sanctions.
The Glazer's aren't in any mad rush and these things generally take months to sort out.
The Glazer's aren't in any mad rush and these things generally take months to sort out.
I mean he's not wrong. It's funny if they think they are going to listen to fan demands after spending billions. We'd be lucky if they even do anything with the stadium.
Yeah, that fan made himself look silly, he may just be a redcafe poster. As I've mentioned regularly in this thread leveraged buyouts are still allowed in football. Not sure where all this none sense that rules have changed has come from.
If endless money is your goal, Dubai isn't the one. They have no oil, no gas, they're bank rolled by Abu Dhabi.
Sadly, I’d agree with you. His argument wasn’t well thought through at all.
fans on the board wtf 
I hate when I agree with Simon. But he's right. Fans are fans, we love the game and we pony up the bucks and sit in the seats and the ones who forget that and think they are special get replaced by the next fan who will gladly replace them.
Nothing wrong with fans organizing what they want for the betterment of the club, but acting like they're some sort of union is a joke. Get over yourselves.
Re: the new owners I'm going to be pissed beyond belief if EtH is replaced because I think this guy is going to be elite with some real financial backing. Read somewhere that the middle-east ownership groups favor big name managers. But if they replace him I'll piss and moan about it then root my ass off the first game under the new manager.
Ah, that rare moment when Simon Jordan is right about something or rather he gives the opinion the caftards like.
The moment they don't though, he'll be a clown again. Epic hypocrisy yet again.
The moment they don't though, he'll be a clown again. Epic hypocrisy yet again.
There’s no need to read anything surely? A simple look at the clubs they own will show one has Eddie Howe in charge and another Cristophe Galtier.
Not sweating it just yet since it's so early in the process. But you sure did a fine job looking that up. Providing a great service there keep it up.
Its the respective right brain v left brain clashing. On the emotional side ie the fans have elevated themselves to a level where they think they are entitled to the running of the club. At £6billion? It's all pure numbers.
In fact, it's been skewing that way since the PL was formed some 30+ years ago. It was a commercial venture ever since and yet recent fans seem to think emotionally about club ownership.
They need to get real and just either accept that it's pure commercialised entertainment or find £6billion of spare change and make it into some philanthropic venture.
Otherwise, get off that entitled soapbox and wake up to the real world.
In fact, it's been skewing that way since the PL was formed some 30+ years ago. It was a commercial venture ever since and yet recent fans seem to think emotionally about club ownership.
They need to get real and just either accept that it's pure commercialised entertainment or find £6billion of spare change and make it into some philanthropic venture.
Otherwise, get off that entitled soapbox and wake up to the real world.
Owners should engage with their fans, yes. But for them to think that they should have a say in how it should be run or be sitting on the board is ridiculous.
If the supporters group want a genuine say on how the club should be run, then they need to have a whip round together, and purchase the club.
If the supporters group want a genuine say on how the club should be run, then they need to have a whip round together, and purchase the club.
Even more so if the lack of capability for the club to compete. All the best young players in the upcoming window Mbappe, Bellingham and perhaps Gvardiol and United are not in the mix for one of them. It's not about the money spent but also how the Glazers have shaped the hierarchy throughout the years. Woodward to Murtough (jury still out), lack of investment in the infrastructure, terrible management decisions like keeping Solskjaer beyond the Europa League final. Another 10 years of Glazer economics and the club will 100% turn into a top 10 team.
I understand the skeptical elements about a middle eastern owner but it's at a point where you have to wonder if any consortium / private investment firm are even capable of doing anything worse than the Glazers. Hopefully this is the absolute last we see of them with some significant developments to follow on the next few months.
I don't think they ever did want Newcastle. The stories were always that the Saudis wanted United. The Newcastle purchase always seemed to just be because they couldn't find another club to buy. I would not be surprised if this ends up happening somehow
Well, athletic read the caf and probably stole my speculation
Page 100!
Of course, they never wanted the Bar Codes. Most Saudis have never wondered beyond Central London, never mind beyond the M25. Why would they?
I bet 99% of them couldn't find Newcastle even if you put a
I’m pretty sure I remember reading reports that they wanted a club that would be cheaper, so they could sink a lot more money into developing it rather than the initial purchase price. With that in mind, Newcastle was the perfect club for them. It was cheap yet extremely big and well supported and thirsty for some competent ownership and management after years of Mike Ashley, Steve Bruce and Joe Kinnear.
Any form of fan ownership, especially at United would be a bigger shitshow than the Glazers. Absolute disaster waiting to happen.
Imagine running online polls for strategic decisions!! Or discussing tactical decisions openly!
Wasn’t that a government recommendation that’s being brought in after the SL fiasco?fans on the board wtf
Fan representatives on the board isn't all terrible. Fan ownership is, thoughfans on the board wtf
okay but what sane business person would agree to that?
A smart one.
Get them in to keep the fans on side & then take on their views and dismiss their views
All good thinking you’re “on the board” when in reality, you might as well be pissing in the wind.
Being on the board is all well and good, it’s having an owner who will listen to you, thats the hardest and biggest hurdle
what? No, that isn’t how a BoD works
you’d be giving away power which could cost you a lot of money
Who needs fans on the board when you've got football luminaries like Edward Glazer, Kevin Glazer, Joel Glazer, Bryan Glazer, and Avram Glazer in the mix.
So Beckham is in Qatar.
https://www.gloucestershirelive.co....id-beckham-inspires-england-world-7898284.amp
I see two possible reason for this:
(a) He is there to negotiate with a consortium to buy United.
(b) He is the official Ambassador of the World Cup and it wouldn’t at all be strange if he was there in any event as a rich famous former player.
I also think that it is plausible that people from the Qatar Investment Fund is in Qatar. So he could be discussing with them, or someone else, or not at all.
https://www.gloucestershirelive.co....id-beckham-inspires-england-world-7898284.amp
I see two possible reason for this:
(a) He is there to negotiate with a consortium to buy United.
(b) He is the official Ambassador of the World Cup and it wouldn’t at all be strange if he was there in any event as a rich famous former player.
I also think that it is plausible that people from the Qatar Investment Fund is in Qatar. So he could be discussing with them, or someone else, or not at all.
A board makes decision by majority vote, and it’s not unusual with employee board representatives.
Some background, don’t know if they exist in England:
https://en.m.wikipedia.org/wiki/Worker_representation_on_corporate_boards_of_directors
So it’s not the oddest idea from my POV. Do I think it would impact things? Nah. Clearly any owner would control the majority. And I mean SAF is on the board right now (I think).
To have a real impact, you must be able to impact the owner. Most issues are money issues.
they are not employees though?
a BoD exists to serve the best interests of the company and it's shareholders, so a board that exists only to serve the owner is pretty dysfunctional and not operating correctly
if, as was suggested, the fan is given the seat only to eventually just dismiss their views, that means the rest of the board are basically just proxies to agree with the owner
that is why you need a broad range of inputs, one or two finance people, a marketing person, one from ops etc.. as well as some NEDs to get some outside perspective/experience away from the cliques within the company.. that way decisions are discussed and debated in an efficient manner and good decisions are made
having one fan on there would disrupt the balance completely... you'd honestly have to be a total idiot to agree to this (as an owner)
That's a very simple view. In terms of feck you money, Dubai got that in abundance - not just as much as KSA PIF and Abu Dhabi. They have for years been working on diversifying their sources income to be able stand on their own and not be dependant on Abu Dhabi's oil income and oil in general (less than 1% stems from oil). They have built up the city as a major tourist and financial hub and are investing heavily in sustainable energy and technology. Obviously with both the financial and tourist markets being those who have been hit the hardest from COVID and global recession, their financial status and future feels more unsecure than their neighbour's energy-funded status. However, they are still a very wealthy Emirate on paper (but have a lot of loans tied up to their income) and their ICD fund is worth way more than what's ever needed to run a successful football club.
It's literally this one.
He's getting paid tens of millions to promote Qatar World Cup, of course he's in Qatar during the World Cup.
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