Absurdly rich cnutsThey are cnuts but our cnuts? No?
Club Sale | It’s done!
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Our Absurdly rich cnuts
Yeah, some people like superficial, artificial shit and paying a shitload more for stuff they could get in dozens of other places in a nicer setting and for cheaper.
Oil is going to be history. Electric is the future.
Only 4% of their income is oil.
State ownership of the club isn't the same as the club being based in that state. Which makes that a pretty braindead comparison.
But if we imagine a make-believe scenario where Manchester United was bought by this Tory-led UK state, they wouldn't even need to make those changes for me to stop supporting the club.
For sure, and we saw that the Saudi’s made a bid for Chelsea.
Raine can of course sound the market with some main interested parties beforehand and know that some have an intention to make an offer and that some don’t. But 10bn can be afforded by quiet many different constellations and it’s impossible to know how many could join up for this bid.
The Chinese for example owns a significant part of City.
I don't understand why people can't make a distinction between sovereign funds/State backed wealth, and individual companies or conglomerates based in a country. It's really not very difficult.
Excellent. Hope he moves quick so that we can call up the PLA to take the Kop when we go to Anfield next.
Oil contributes to 30% of their country's GDP
He hired his brother for one when he tooko er th club. No experience in running a club.
Needless to say he notched it up and eventually left the club.
They have not invested in the team. They have only ever spent money generated by the club, an investment would mean they introduced their own money.
Graeme Souness has often made this statement about the Glazers and it’s just false.
As most of us know, that mufcmpb account is absolutely awful. In fact if you click the profile on that tweet theres nothing about it at all.
I think it will be a US consortium of some kind.
I think it will be a US consortium of some kind.
That worries me.
No one foster's a Hobbit.
From the above article: "Those with digital expertise, such as Facebook and Amazon, are seen as credible suitors. However, sovereign states are also likely to be interested. Dubai is yet to follow Abu Dhabi (Manchester City), Qatar (Paris Saint-Germain) and Saudi Arabia (Newcastle United) and is viewed as a serious contender. Ownership of PSG is unlikely to be an obstacle for Qatar, currently hosting the World Cup, according to sources in Doha."
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UAE is a federal country, each Emirate is effectively its own state. Dubai has very little oil hence it is far more diversified than Abu Dhabi, but for that reason so has less wealth than its neighbour
Now it turns out that every billionaire that can buy United, is going to be worse than the Glazers. Happy that the club is not run by fans, you would destroy it in a second.
the norwegians love utd dont they. why cant their state / soverign oil fund buy it. the could have ole back as club rep or something?
Fully agree fan ownership would not work, fans disagree with each other on so many level.
Yes yes but you're missing the point. They could've just you know KEPT the money earned and not invested in the team at all.
Whether or not it's THEIR money, money has been spent on the team instead of 100M a year (from transfers) going into their pockets.
I don't know why people can't see this.
I’m inclined to not believe this reporting seeing as Facebook isn’t even the name of the company
When Glazers took over we were top of the world and the brand couldnt fail. Our image has taken a battering, the only way to revive it is to be successful again.
Yeah sounds like that doesn't it
Just assuming for the moment that this is true (big assumption) - where would Amazon stand from a broadcasting point of view?
There’d be a conflict for them as a broadcaster if they (or Bezos personally even) owned one of the teams in the league, surely?
Isn’t this what stopped Murdoch back in the day?
Fair enough on the not winning the division thing but you are slightly off on Pat Bowlen ownership time frame. He stepped down in 2014 and they had just got to the SB the year earlier. Got their asses kicked but won it all in 2015. Then the problems started.
I just want someone like him that has a deep desire to win, is willing to spend the money it takes to do that but knows when to step back and let the management team do their thing.
Actually, I just want United back to competing for trophies every year, so whatever leads to that works for me - really hope it isn’t oil money though, makes it harder to be proud of how it all gets done.
We understand this, but the point is that they have spent enough to keep the club profitable through transfers, whilst systematically failing to invest in the infrastructure and facilities.
Yes the Glazers could have bled the club dry and not allowed any expenditure over net sales (akin to Ashley at Newcastle) but they are shrewd enough to have marketed the club well and spent enough to keep us competitive. They have spent and recruited poorly (or people have on their behalf) which is a different issue, but now the lack of expenditure in other areas is catching up and cannot continue to be put off, so the question is actually invest or sell, make a massive profit and let somebody else invest.
The other point is that if Utds profits had not been spent servicing debts that the Glazers have levied against the club, we would either have much more in the bank now, or would have been able to spend much more on players than we have.
When we talk about bad owners, on the face the Glazers could be worse, but objectively they purchased the club using a mortgage and then have levied debt, after debt against the club, whilst letting the bricks and mortar crumble, rather than thinking about how they could have been worse, understand how much Utd have paid servicing debts which they never needed, and how much better the club would be had this not been the case.
Bilbo did. Just saying.
There’s a huge difference between running Nice and running Manchester United mind. One, even during the worst of times, can attract big name managers, huge up and coming managers, top players, people who are desperate to be a DoF here etc.
Not quite sure how well someone does at Nice can be applied here.
The Glazers turned up and leveraged the clubs assets to take out a loan to buy the club, they are parasites in every sense of the word. Imagine me turning up to your house and telling you that it's now mine, and as a deposit on the mortgage I gave them your bank details. You haven't got a say in it, it's mine now. There's a reason why bogus deals like the Glazer one can no long happen in this country.
They have provided nothing of value yet taken millions out of the club. It's obscene. That people should be grateful that the club hasn't been asset stripped is a really low bar to set.
They didn’t really have a choice mind, United needs to remain either competitive or extremely well marketed (big name transfers, Ronaldo, Di Maria, Pogba, Varane, Cavani) else they would very quickly lose their profitability.
There was no option for them to just keep the transfer money and pocket it. It’s kinda like saying a cooperation could’ve saved 20m /year in advertising/marketing and just pocketed those 20mil.
This is a myth. Firstly as far as I know we have spent less than City. But much more importantly the money has been spent with a commercial agenda in mind and that's why the money exists. To put it another way there is a reason we paid Ronaldo half a million a week, and it wasn't football. If we want to compete with CIty we need the same kind of morally bankrupt plutocratic owners or some third option beside American sports franchise parasites.
He did and look how that turned out.
I think it went quite well, didn't it?
Absolutely. This is the way things are going these days. People will only be happy if the club is sold to UNICEF. Even then, they'll find something.
And I would say that you are completely off the mark. The Bowlen family sold the franchise this summer, Bowlen wasn't directly involved since around 2010 and he has little to do with the last SuperBowl, Elway was the one in charge at the time. But anyway he was generally a good owner but not the best, that award likely goes to the Rooney family.
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