Club Sale | It’s done!

Status
Not open for further replies.
crossy1686 said:
Okay, so how do they profit from that other than selling the club? It's just a number on paper until they cash in.

Also, it will half the second they say they're staying. The stock price is irrelevant to them.
Click to expand...
We’re on a run of agreeing with each other crossy.

I don’t see how anyone can see them staying, the stock price leapt when the mentioned a sale. Should they u-turn the price plummets & they don’t actually see any cash.

Even if an investor were to come in & say give the club £2billion, surely they’re not going to be ok with the Glazers taking dividends again, that money would have to be used on the club; facilities, playing staff etc.

I’ve absolutely no intel on this but I feel like the news will just drop suddenly one day about the sale.
 
AFC NimbleThumb said:
We’re on a run of agreeing with each other crossy.

I don’t see how anyone can see them staying, the stock price leapt when the mentioned a sale. Should they u-turn the price plummets & they don’t actually see any cash.

Even if an investor were to come in & say give the club £2billion, surely they’re not going to be ok with the Glazers taking dividends again, that money would have to be used on the club; facilities, playing staff etc.

I’ve absolutely no intel on this but I feel like the news will just drop suddenly one day about the sale.
Click to expand...
We certainly are mate!

Exactly, I can't see them staying at this point unless they have some sort of ace up their sleeve in the form of a reformed league/super league again which would drastically increase revenue. From this point onwards, you can only see scenario's where they stand to lose more than they gain by not selling.
 
Still seems painfully obvious Qatar will be our new owners sooner rather than later, just waiting for the notification to randomly appear on my phone, it’s ended up being a painfully tedious situation to follow closely.
 
M16Red said:
Hate saying this.... but I think the sale was used to push up the stock price.

Early Nov: £12.84 after the news broke £22 and now £23

I just hope they do sell, before ETH gets pissed at the lack backing.
Click to expand...

I'm not a business person but I think one (or more) of the business minded people on here have said that releasing news that you're selling in an attempt to drive up the stock price is illegal?
 
M16Red said:
Hate saying this.... but I think the sale was used to push up the stock price.

Early Nov: £12.84 after the news broke £22 and now £23

I just hope they do sell, before ETH gets pissed at the lack backing.
Click to expand...
That's illegal - it's market manipulation.

Some of the shite spouted in here on a daily basis is quite something.

Can we stop using our anxieties and neurosis as a basis for pointless conspiracy theories? It's depressing now.
 
seeing what Washington Commanders went for, would be very surprised if Glazers will settle for anything below $6B USD. My guess is they'll want that headline number & "adjust" other details.
 
Mr. Robot said:
That's illegal - it's market manipulation.

Some of the shite spouted in here on a daily basis is quite something.

Can we stop using our anxieties and neurosis as a basis for pointless conspiracy theories? It's depressing now.
Click to expand...

I'm not anxious or depressed - if fact I'm really happy, a bit hungover.

How is market manipulation?

They said they wish to sell, no one has reached their valuation. They have a right to sell shares or even seek better liquidity.
 
M16Red said:
I'm not anxious or depressed - if fact I'm really happy, a bit hungover.

How is market manipulation?

They said they wish to sell, no one has reached their valuation. They have a right to sell shares or even seek better liquidity.
Click to expand...

Exactly. I don’t support the Glazers in any way but they even said they were exploring all possible avenues, including full sale.
 
dpansheth said:
seeing what Washington Commanders went for, would be very surprised if Glazers will settle for anything below $6B USD. My guess is they'll want that headline number & "adjust" other details.
Click to expand...

Not a direct comparison though. The NFL is a cartel with no promotion or relegation and a hard salary cap limiting the players share of the pot to roughly 50% of team revenue. It is a license to print money once you are bought in with very little risk involved. PL clubs, even ones with our history, operate on far tighter margins and are inherently much more risky due to the league format and the lack of guaranteed entry to elite competitions. It is why American owners are so desperate for something like the Super League and the best reason to block new American ownership of clubs over any other group that I know of.
 
Mr. Robot said:
That's illegal - it's market manipulation.

Some of the shite spouted in here on a daily basis is quite something.

Can we stop using our anxieties and neurosis as a basis for pointless conspiracy theories? It's depressing now.
Click to expand...

Yeah, it's ridiculous, the stock price has never been high enough to justify 6bn, so they're not trying to drive it up for that purpose, there's no financial institution in the world stupid enough to see stock price rises based on the current owners fecking off, then loaning those current owners money based on the inflated stock price, it would be absolutely ridiculous
 
Ottawa MLS Fan said:
Exactly. I don’t support the Glazers in any way but they even said they were exploring all possible avenues, including full sale.
Click to expand...
The general consensus seems that they don’t want to appear ‘desperate’.

They’re like “Yeah we might sell, but make it worthwhile for us”.

It’s negotiation tactics. Exactly what benefit is owning Utd to the Glazers now? They can’t really take dividends any longer and it’s an asset which is losing money now.
 
Gandalf said:
Not a direct comparison though. The NFL is a cartel with no promotion or relegation and a hard salary cap limiting the players share of the pot to roughly 50% of team revenue. It is a license to print money once you are bought in with very little risk involved. PL clubs, even ones with our history, operate on far tighter margins and are inherently much more risky due to the league format and the lack of guaranteed entry to elite competitions. It is why American owners are so desperate for something like the Super League and the best reason to block new American ownership of clubs over any other group that I know of.
Click to expand...

There is one comparable. Fed Ex Field was supposed to be torn down in 2022. Daniel sold so he would not be involved financially for the rebuild.
 
Zaphod2319 said:
There is one comparable. Fed Ex Field was supposed to be torn down in 2022. Daniel sold so he would not be involved financially for the rebuild.
Click to expand...
Yeah but to be fair the usual tactic for building a stadium in the US is for the owner to go to the local government officials and say "spend taxpayers' money on a new shiny stadium for me or I'll feck the team off to Utah."

I actually wouldn't be surprised if the Glazers thought they could do the same when they "bought" us.
 
Mr Pigeon said:
Yeah but to be fair the usual tactic for building a stadium in the US is for the owner to go to the local government officials and say "spend taxpayers' money on a new shiny stadium for me or I'll feck the team off to Utah."

I actually wouldn't be surprised if the Glazers thought they could do the same when they "bought" us.
Click to expand...

Another good point....
 
Accusing them of market manipulation is one thing, proving it is another.

Nothing to stop them from declaring it's now not for sale.
 
Zaphod2319 said:
There is one comparable. Fed Ex Field was supposed to be torn down in 2022. Daniel sold so he would not be involved financially for the rebuild.
Click to expand...

No, he sold because he has been involved in multiple scandals and has been pushed aside by the other owners. The last big case is about systemic sexual harassment within the organization and also the suspicion that the Commanders hid ticket revenues from the NFL and defrauded season ticket holders.
 
Mr Pigeon said:
Yeah but to be fair the usual tactic for building a stadium in the US is for the owner to go to the local government officials and say "spend taxpayers' money on a new shiny stadium for me or I'll feck the team off to Utah."

I actually wouldn't be surprised if the Glazers thought they could do the same when they "bought" us.
Click to expand...

Well Joel did refer to us as a 'franchise' in one of his early comments to the British press. You might be right.
 
Marcelinho87 said:
Accusing them of market manipulation is one thing, proving it is another.

Nothing to stop them from declaring it's now not for sale.
Click to expand...

In what way would it benefit them to pay raine to do this, to piss off the al thani family, piss off Ratcliffe, and enrage the fans. The stock price rose with people expecting a sale, if they stay it'll fall back to thr same level
 
jm99 said:
In what way would it benefit them to pay raine to do this, to piss off the al thani family, piss off Ratcliffe, and enrage the fans. The stock price rose with people expecting a sale, if they stay it'll fall back to thr same level
Click to expand...

For shits and giggles?
 
Moriarty said:
Well Joel did refer to us as a 'franchise' in one of his early comments to the British press. You might be right.
Click to expand...
Mr Pigeon said:
First time for everything!
Click to expand...
They should buy an MLS franchise. Manchester United (New Hampshire) FC creates itself! NH doesn’t have an MLS franchise and they’ve could have local(ish) rivalries with New England Revolution and the NY clubs. Take the United vs City rivalry stateside!
 
Plant0x84 said:
They should buy an MLS franchise. Manchester United (New Hampshire) FC creates itself! NH doesn’t have an MLS franchise and they’ve could have local(ish) rivalries with New England Revolution and the NY clubs. Take the United vs City rivalry stateside!
Click to expand...

Manchester California would be another. It's a tiny place on the coast north of SF. I passed through once and stopped for some coffee. I asked the server i United were at home that weekend and she looked at me as if I'd just stepped off a spacecraft.
 
Regarding the comparison with the Washington Commanders, I would guess the $6bn is for 100% of the franchise? Not 69%? In which case offers rumoured to be over £5bn for us are much higher in real terms.
 
jm99 said:
In what way would it benefit them to pay raine to do this, to piss off the al thani family, piss off Ratcliffe, and enrage the fans. The stock price rose with people expecting a sale, if they stay it'll fall back to thr same level
Click to expand...

Not what I am saying, I think they intend to sell.

Just stating that to do them, anyone for that matter for manipulation isn't easy to prove.
 
Everyone discussing Ratcliffe or Qatar when the real fight was between Elliott and Carlyle... :lol:

Would be typical of the Glazers. I doubt they ever had any intention to leave and minority investment was always their preferred outcome.
 
A minority stake only has two outcomes.
  • The Glazers use some of their equity to invest in the club. (Will never happen).
  • The Glazers borrow against the inflated value of the club. (Our cashflow can barely handle it and the fans won’t allow another match played at that stadium).
it’s for these reasons, I have always been convinced this will be a full sale. I have seen nothing to change my mind.
 
Adisa said:
A minority stake only has two outcomes.
  • The Glazers use some of their equity to invest in the club. (Will never happen).
  • The Glazers borrow against the inflated value of the club. (Our cashflow can barely handle it and the fans won’t allow another match played at that stadium).
it’s for these reasons, I have always been convinced this will be a full sale. I have seen nothing to change my mind.
Click to expand...
It could give the Glazers a temporary timeline to get the club to a potential higher value now that we seem to recover. They further inflate the club, cover the cracks, and hope to sell it for more than what they are offered now with the help of the US investment firms
 
Adisa said:
A minority stake only has two outcomes.
  • The Glazers use some of their equity to invest in the club. (Will never happen).
  • The Glazers borrow against the inflated value of the club. (Our cashflow can barely handle it and the fans won’t allow another match played at that stadium).
it’s for these reasons, I have always been convinced this will be a full sale. I have seen nothing to change my mind.
Click to expand...
Is it a minority stake if the Glazers are taking a loan though?
 
Status
Not open for further replies.