Andy_Cole
Full Member
Think I missed 2000. 3000 here we go!
2100 guys. Another 900 for 30003000 pages here we go!
Think I missed 2000. 3000 here we go!
2100 guys. Another 900 for 30003000 pages here we go!
And a 100 more then until we hit 4,0003000 pages here we go!
The most dangerous part is that 3/4 of that debt is on players that will need to be replaced and that have already been replaced with players that will need replacing soon. Take Fred for example, suppose we were still paying for his fee and have spent 55m to replace him with Mount who if things don't turn up soon will also need to be upgraded on by a more expensive player.Yep I thought the same as Hellier, Raine and the Glazers really expected more bidders and they are finding it every increasingly difficult to squeeze more out of the bids, the dangerous part is financial.
Yes the club has new improved sponsorship deals however it reported a record revenue last financial year and still made a loss. Servicing the debt with increasing interest rates is eventually going to hurt the club. The club still has over £300m plus of amortised debt just for transfers which could be anything from £50-60m per year for the next 4-6 years, imagine paying that plus £30-40m of interest just to service the legacy debt and then you have a wage bill of £300m per year that’s £400m of costs without transfers, rates, bills, training ground improvements, hotel and travel expenses.
If man United got a bigger fine for FFP like £10m because the Glazers do not and will not ever invest a penny of their money, if they are even here next summer, with the current FSP reducing to 80% of turnover and the dire finances of the club, I doubt the club will be able to spend more than £50m next summer.
The most dangerous part is that 3/4 of that debt is on players that will need to be replaced and that have already been replaced with players that will need replacing soon. Take Fred for example, suppose we were still paying for his fee and have spent 55m to replace him with Mount who if things don't turn up soon will also need to be upgraded on by a more expensive player.
Its a dangerous cycle of incompetence thats made their position untenable. Its also easy to see through the brinkmanship.
It’s my pleasure and I try and post less frequently now, but in bursts, I do think we are coming to some type of conclusion, however that could still be 6-9 months not 1-2 like some people think. My bet would be that something might already be happening between SJ and the Glazers as the Qatar team have gone very quiet, and normally after 8-9 months, they would gracefully pull out if they thought they could not conclude the deal.
I hope your right and I’m wrong, however the Glazers will try everything in their power to drag this out for as long as it takes to get a £6 billion bid or as close to it as possible, currently the rumoured bid from SJ is £5.1-5.2 billion to buy the Glazers shares.Could you give us some additional thoughts about why you think it’s 6-9 months to we get a conclusion?
My bet would be that we might get some development before Christmas.
I tend to usually hear this from fans of other clubs. It seems like they intentionally miss the point...reminiscent of Souness and Carragher insisting on throwing the transfer budget at Neville any time he would criticize the Glazers.If you believe some people all we need to do is keep changing managers and it will all work itself out, cause “glazers don’t pick the tactics”
This is one of the most sensible comments on this thread, fans just don’t realise how much damage for future Transfer markets has been caused by the sheer incompetence of the fools who signed of on the last 10 years of player transfers especially with huge overvaluing of distinctly average players then amortising the cost of that transfer fee.The most dangerous part is that 3/4 of that debt is on players that will need to be replaced and that have already been replaced with players that will need replacing soon. Take Fred for example, suppose we were still paying for his fee and have spent 55m to replace him with Mount who if things don't turn up soon will also need to be upgraded on by a more expensive player.
Its a dangerous cycle of incompetence thats made their position untenable. Its also easy to see through the brinkmanship.
We are between a rock and a hard place at the moment, we don't want to lose games but by doing so it slowly eases the Glazers grip on the club, so short term pain equals long term gain, there will be a 100 percent upturn on the pitch though am sure when they finally leave.
I hope your right and I’m wrong, however the Glazers will try everything in their power to drag this out for as long as it takes to get a £6 billion bid or as close to it as possible, currently the rumoured bid from SJ is £5.1-5.2 billion to buy the Glazers shares.
As things become more difficult on and off the pitch, Raine might try and act as intermediary and send a message to 92 Foundation that they are very close but the Glazers will only sell for £5.6 or £5.7 billion?
Nine two foundation might try to call their bluff and say their current bid is based on a successful team who finished 3rd in the PL, in other words they are barely justifying their current offer, let alone increase it, this back and forth could take us right up to Xmas 23, then finally a breakthrough, mid January a verbal agreement, the contract is finally agreed in February, then pre contract due diligence may take us Up to end of March and then in early April fit and propers Directors test passed with the contract finally being signed, which would represent a Mid to late April completion of 2024 which is 6/7 months the only way this happens before Xmas 2024 is that the price and M&A deal has already been agreed and due to strict NDA’s nothing has been reported yet.
Remember this is only to take control of the club, it could take 3-4 months from this date for SJ/92 Foundation to buy the remaining 31% of the club and delist from NYSE.
Remember just because SJ and 92 Foundation have the money, it’s currently in American banks making them 5-6% of interest so they will do the deal and make the payments when they feel it is the right time, don’t be surprised if SJ advisors tell him and his foundation to make the payments as slowly as possible just to get some sort of payback on the Glazers indecision during the bidding process.
If nothing happens in October(as Bloomberg journalist and Neil Curtis from The Sun have suggested), I'll lose my faith in the takeover completely. I'm already close to resignation, surrendering on that front and accept the eternal mediocrity and failure.
In a sense perhaps our not so great start to the season has the silver lining that the Glazers may rethink 'everything going in the right direction and the club is on it's way back to the top and will be even more valuable' that we saw proposed as part of their thinking at the end of last season
To quote honourary Glazer, Ed Woodward: "Playing performance doesn't really have a meaningful impact on what we can do on the commercial side of the business."I keep thinking this start will cause them to rethink valuation,then I remember what utter greedy leeches they are and likely won't make difference.
Nice are top of Ligue 1
Presume this is your way of trying to say look Ratcliffe isn't so bad as an owner
It’s like saying the Tampa Bay Buccaneers won the Super Bowl recently so the Glazers mustn’t be that bad.
Yep I thought the same as Hellier, Raine and the Glazers really expected more bidders and they are finding it every increasingly difficult to squeeze more out of the bids, the dangerous part is financial.
Yes the club has new improved sponsorship deals however it reported a record revenue last financial year and still made a loss. Servicing the debt with increasing interest rates is eventually going to hurt the club. The club still has over £300m plus of amortised debt just for transfers which could be anything from £50-60m per year for the next 4-6 years, imagine paying that plus £30-40m of interest just to service the legacy debt and then you have a wage bill of £300m per year that’s £400m of costs without transfers, rates, bills, training ground improvements, hotel and travel expenses.
If man United got a bigger fine for FFP like £10m because the Glazers do not and will not ever invest a penny of their money, if they are even here next summer, with the current FSP reducing to 80% of turnover and the dire finances of the club, I doubt the club will be able to spend more than £50m next summer.
Presume this is your way of trying to say look Ratcliffe isn't so bad as an owner
Why do you say Jassim is out?Seems to me that Jassim is out. It is all about Glazers trying to negotiate best conditions with Sir Jim about them staying in the club. Only matter of time for Jim and Glazers to struck a deal.
He's not out.Why do you say Jassim is out?
I see these posts all the time. I then scroll up and see no update. So they’re based on nothing. I find it strange to draw this conclusion.Seems to me that Jassim is out. It is all about Glazers trying to negotiate best conditions with Sir Jim about them staying in the club. Only matter of time for Jim and Glazers to struck a deal.
That's my understanding as well, I'm just wondering why the other poster doesn't see it that wayHe's not out.
The most recent reports say both bidders are still waiting on the Glazers.
Why do you say Jassim is out?
There is a tweet where Glazers are trying to get voting rights from Jim if they accept his offer.I see these posts all the time. I then scroll up and see no update. So they’re based on nothing. I find it strange to draw this conclusion.
That's my understanding as well, I'm just wondering why the other poster doesn't see it that way
Aye it’s feels like we should just be posting any important tweets now. Everything has already been said about 100 times now.I’m actually suprised people are still posting in this thread. Seems like a pipe dream now.
I think this thread should be locked until some serious, important and reliable news come about the (possible)sale. There is just nothing to talk about that hasn't been said already and it's tedious seeing the same comments, arguments over and over again.Aye it’s feels like we should just be posting any important tweets now. Everything has already been said about 100 times now.
Knowing our luck anyways as soon as Qatar buy us oil will go to zero and everyone will use renewables instead
I think football would be the least of our worries if oil suddenly went to zeroKnowing our luck anyways as soon as Qatar buy us oil will go to zero and everyone will use renewables instead
Brexit Jim and…bike man (nearly forgot) doing alright now?Nice are top of Ligue 1