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- Dec 5, 2018
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Everyone of you who wants Oilchester United and Oil Trafford please just go and support City or Newcastle.
Everyone of you who wants Oilchester United and Oil Trafford please just go and support City or Newcastle.
Yeah…Jassim, as a longstanding and devoted United fan, wouldn’t dream of buying Liverpool.So we still have all fans despising Glaziers, SJR fans giving it to SJ fans whilst soon Liverpool will be giving it to both when Qatar move their interest to them. Have I missed anything ?
It wasn’t rhetorical, I assumed that much was obvious and I just hoped for a bit of detail in the answer.
Where does Ratcliffe/INEOS see profit in this club?
- United have been haemorrhaging money for the last decade.
- Dividends are minuscule compared to the required investment.
- The club needs about £1.5bn spending on infrastructure.
- Football wise we are eons behind our competition and need major investment in the squad.
- We have a huge amount of debt already.
- Debt is really fecking expensive right now
And Liverpool isn’t for sale.Yeah…Jassim, as a longstanding and devoted United fan, wouldn’t dream of buying Liverpool.
I haven’t seen any posts saying he would run the club as a non-profit, no. However he chooses to finance the debt, he can still earn plenty of money from owning the club.
This was literally the post after you said you haven't seen anyone suggest Ratcliffe is not looking to make money out of this.It’s been posted many times, including footage of the man himself (admittedly talking about Chelsea but it’s relevant).
He doesn’t want to make money from an investment in a football club, he’s looking to build a legacy for himself. It’s a challenge of running the club really well, putting the club back at the top of European football and winning the biggest prizes. It’s a sporting project he is interested in, not a business venture. The return is how he is remembered in the future.
You haven't seen people suggest that his goal wasn't to make money out of United, that he had no intention to take dividends and would finance the debt himself through INEOS? That's a core point used in favor of INEOS.
If we judge by the last 18 years… no, no they cannotCan these useless pricks just make a decision?
Who gives a shit. Let him make some money. As long as he doesn't bleed us dry like the Glazers are doing. At first it was about getting rid of them, now all of sudden people want to sell the soul of our club just for the most money.This was literally the post after you said you haven't seen anyone suggest Ratcliffe is not looking to make money out of this.
You think banks don't give out loans for debt laden or overpriced assets? Was that a serious statement?People say he'll finance the debt through Ineos is because that's all he can do unless he pays cash, the football club cannot pay even pay just the interest themselves based on the figures quoted and then revenue and operating costs currently at the club unless you think his intention is to fold the club completely, saying these things isn't a guess it's based on facts that are readily available to anyone I mean the club have made losses for x3 straight years but yeah they'll be able to finance multiple billions in loans, I am sure all the banks are clamouring to make this deal.
I mean this is just common sense, but I am not sure this thread is the place for common sense.
Sell the soul of the club. That's a statement which I just cannot understand. When we went public, did we sell the soul for capitalism?Who gives a shit. Let him make some money. As long as he doesn't bleed us dry like the Glazers are doing. At first it was about getting rid of them, now all of sudden people want to sell the soul of our club just for the most money.
We don't want that. We want Gaschester and Gas Trafford.Everyone of you who wants Oilchester United and Oil Trafford please just go and support City or Newcastle.
Can you list all the trophies City won without corruption and outright cheating?
Are bragging rights that important to you?
People say he'll finance the debt through Ineos is because that's all he can do unless he pays cash, the football club cannot pay even just the interest themselves based on the figures quoted and then revenue and operating costs currently at the club unless you think his intention is to fold the club completely, saying these things isn't a guess it's based on facts that are readily available to anyone I mean the club have made losses for x3 straight years but yeah they'll be able to finance multiple billions in loans, I am sure all the banks are clamouring to make this deal.
I mean this is just common sense, but I am not sure this thread is the place for common sense.
Less than the Glazers let's keep them
What else do you call itPeople are being greedy money whores.Sell the soul of the club. That's a statement which I just cannot understand. When we went public, did we sell the soul for capitalism?
I'd rather watch us in the Championship then being gifted success. Just sopport City mate, seriously.I'd rather have trophies and medals then have united at 8th place while sitting on the moral high ground. That's how football works. Which is why Pep is considered the best manager at the moment while ole can't even find a pub team to manage
Potentially as an appreciating assetSo you are saying that Ineos are going to pay without ever taking any revenue away from Manchester United?
Why? - We still have FFP to adhere to so its not like Jassim can spunk half a billion on players. However, what they can do is improve, redevelop or build a new staduim, provide a World Class training complex and improve the locality and infrastucture around the stadium. This isnt money going into the pockets of the parasites, its money being ploughed into the Club and Manchester. I really dont understand what is so wrong with that?Everyone of you who wants Oilchester United and Oil Trafford please just go and support City or Newcastle.
Will we be sponsored by Ineos?
Potentially as an appreciating asset
What else do you call itPeople are being greedy money whores.
I'd rather watch us in the Championship then being gifted success. Just sopport City mate, seriously.
Sound.Well I want united to be successful. You'd rather want it in the championship. Why should I be the one switching support? And don't worry ineos have ample experience in getting clubs relegated. So you might get your wish.
This was literally the post after you said you haven't seen anyone suggest Ratcliffe is not looking to make money out of this.
For what it's worth, trying to own a successful asset which will increase in value is a smart business move and one that should not be a cause for concern. People are worried about what would Ineos consider success? Is top 4 and going deep in some domestic cup competition or the second rate European one going to be fine like with the Glazers? That has still allowed the club to grow in value over the years.
All these questions are more valid for Ineos than SJ (assuming it is a State backed bid).
I get you want Ineos to win the bid to buy us, but it's not really a great idea to ask people to support other clubs based on their opinions on who will be a better owner.What else do you call itPeople are being greedy money whores.
I'd rather watch us in the Championship then being gifted success. Just sopport City mate, seriously.
Sound.
This is wrong btw and if you listened to Ratcliffe's interviews in the last year you'd see that.Are those rhetorical questions? Why does any non nation state buy a football club? Because they think they can make money out of it.
I can't argue with that.Probably say that about every mainstream newspaper in the country to be honest.
My bad. I underestimated how completely people (on both sides) have lost their minds in this thread.
And I don’t get your concerns. There’s no way to run a club where you just qualify for the CL every season and go deep in cup competitions without ever winning anything. If a club gets enough money spent to regularly achieve the above then they will compete for the league title if/when they get the right manager/sign the right players. That’s the really difficult part. As I pointed out yesterday, our horrific decade was not down to lack of spending. Our net spend has been higher than City’s.
I can't argue with that.
You would think in the present level of technology our information would be top notch.
I believe we are currently more misinformed than we ever have been.
Sheikh GasjimIt's actually gas money
I disagree. Arsenal were a perennial top 4 side for the last part of Wenger's reign and they constantly added decent enough players to get that spot, barely ever challenging in the PL or CL. Sure they won an FA cup or two, but that is the whole question. Would that be enough and you surely cannot say that Arsenal too haven't grown in value (like most clubs due to to the insane TV revenue and money in PL right now).My bad. I underestimated how completely people (on both sides) have lost their minds in this thread.
And I don’t get your concerns. There’s no way to run a club where you just qualify for the CL every season and go deep in cup competitions without ever winning anything. If a club gets enough money spent to regularly achieve the above then they will compete for the league title if/when they get the right manager/sign the right players. That’s the really difficult part. As I pointed out yesterday, our horrific decade was not down to lack of spending. Our net spend has been higher than City’s.
«The company insists there are no financial risks. Ineos does not expect to make money from sport. People close to him say Sir Jim is chasing emotional returns over financial ones. It is a luxury that few sporting outfits can afford.»
https://www.ft.com/content/31b5e7e0-5c76-11ea-b0ab-339c2307bcd4
This article is way before they considered investing in Man Utd. I really dont think anyone investing £5-6 bill do so because they expect to make money on that investment. Atleast not in the form of dividends.
Not only the ABU's - the Premier League and the FA will dread Qatar money behind us, especially if the FA bottle the enquiry into City's transgressions. If nothing is done against City, United with a free rein to copy City's business practices will blow most people out of the league.Also note that most Abus agree with you. They would rather see us owned by ineos then by Qatar. So if you leave then you will find yourself in far better company then I do
This was literally the post after you said you haven't seen anyone suggest Ratcliffe is not looking to make money out of this.
For what it's worth, trying to own a successful asset which will increase in value is a smart business move and one that should not be a cause for concern. People are worried about what would Ineos consider success? Is top 4 and going deep in some domestic cup competition or the second rate European one going to be fine like with the Glazers? That has still allowed the club to grow in value over the years.
All these questions are more valid for Ineos than SJ (assuming it is a State backed bid).
We are ambitious and highly competitive and would want to invest in Manchester United to make them the No. 1 club in the world once again. We want a Manchester United anchored in its proud history and roots in the northwest of England, clearly focusing on winning the Champions League."
Fixed that for you.I'd rather have cheat to win trophies and medals like City rather then have united not cheat and potentially be 8th. That's how I want football to work and if you disagree with cheating you are just taking the moral high ground. Now I'm going to bring up Pep and Ole to deflect from me defending City's cheating.
When has a businessman ever lied about his true intentions about profiteering in public, right? Considering how clubs are treated like hallowed institutions by their fans, why would any businessman who isn't certified insane, ever say that they want to buy a club to make money off of it and that's the end game for them.This is wrong btw and if you listened to Ratcliffe's interviews in the last year you'd see that.
He makes buckets of cash from INEOS and if he wanted to make more, he'd focus his investment in that area and he says as much in the interview. He's very clear that he makes his money from INEOS and laughed at the idea his motive behind buying a football club would be financial profit.
Obviously he'd try to increase the value of the club and raise revenues because that's the route to sporting success due to FFP anyway, so it's a bit of a moot point regardless.