This is what worries me big time. Say what you want about Arnold but at least he stays out of the football matters and leaves those decisions to the people qualified to make them.
Club Sale | It’s done!
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In the latest episode of the United Hour Podcast, Nik (@Rood) and Imran (@Annihilate Now!) look forward to a new life under Ruben Amorim. What system will we be playing? What players will impress? and how will it all go? We also say goodbye to Ruud Van Nistelrooy and review United's 3-0 win at home against Leicester City.
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Inject it. Murtough should go quickly after.
Why? The upward trejectory isn't only due to ETH. It's a team effort
I’m speaking about the media. People marched against the war which is always good and always happens…. funnily enough probably even when a war would be justified (very very rarely)
Also how is ETH’s proposed salary cap going to fly with the people who negotiated the Mbappe contract?
Yep. All it takes is a few bad results and then it all depends on the new owners and the new guys they appoint.
A lot of people here are always overjoyed by the mere thought of changing managers. Because you know look at Chelsea, Madrid or Bayern. Well, Chelsea in the past mostly had an owner/board who knew what they were doing. Madrid and Bayern still have them.
If you don’t have this well working structure, then just changing managers will do more harm than good.
Also no clue what PSG have achieved. Yes they regularly win the French league by being I don’t know how much richer than any other team in that league. Impressive stuff.
That's why if the new owners are sensible, they can come in and have a look around and assess the situation first. If they are United fans first and foremost they will know there has been some restructuring and is starting to bear fruits.
Anyway I don't think there is an alternative. The 2000s and early 2010s saw a lot of American investment into English football that was purely PR and profits for their businesses. You never hear from the Glazers and even in their NFL franchise they aren't vocal. They don't care about the club because they don't care for the sport. The club can be relegated and they'll still have big money streams based on history and branding. I do believe Middle Eastern businessmen do have an interest in the sport as an extension of business since they don't really have a long sporting history so it goes hand in hand to make their own nations bigger and better in the football world. Doesn't make the negatives any less bad but it is what is because unfortunately they're the only ones who can afford it.
Paddock passes for F1 races.
I guess we'll have to see but too much player power would be incredibly dangerous that's for sure. On the other hand: Would we keep that hard salary cap if e.g. Rashford decided he wants more?
Yeah, you make good points. It's business to business like you say and the way I look at it is that good PR here makes the point for good management. Then, for that level of business, buying a football club for 5 to 6 billions make sense? I don't think so. So it must be some sort of PR thing. There are many, many ways to invest that level of money for much better profit.
To summaries, it just does not make sense to me to buy the club from purely a profit point of view given the price and future investment needed. It just doesn't; otherwise the Glazers would not sell to begin with. So it must be much more then cost vs profit/debt over a period of time. There must be other benefits. For the middle east it's sports washing (for Quatar is more then that imo) and for INEOS it must be a PR badge like the F1 Mercedes team. If that is so, then you do not get a publicly loved entity for good will just to cripple it in debt and make all emotionally involved with said entity hate your soul.
Giddy over oil money, no. Giddy over the prospect of the club being run without shackles and allowed to reach its full potential, yes.
Lets not forget how haphazard the transfer window was. We were twaddling our thumbs then we got spanked and went mental.
Not getting a striker, the Ronaldo circus, absurd amount for Antony. It was a weird window.
A proper footballing structure and a long term strategy is desperately needed and I’m all for it.
ETH is winning despite the folks upstairs and not because of them.
Oh, yeah, indeed. EtH coaches the players, identified the right transfers (plus a world class player every Tom, Dick and Harry knows about) and Murtough flew to Torino and Barcelona and closed jack shit.
The only distinguishable excellence at this club in the last 10 years can be traced to our new manager. The rest can jog on. This can also be seen in articles like the one at the start of last summer where EtH binned off all their scouting suggestions.
Qatar would be gas.
Don't think anyone is real giddy about any of the proposed new owners. Just giddy that the Glazers will (hopefully) be history
This may have been how it looked but it definitely wasn’t the case
A footballing structure has been put in place and the jigsaw pieces are coming into place quite nicely
EtH is winning as well as the people upstairs, it’s a team effort he ain’t doing it all by himself for fecks sakes
Oh great, the “local fan” babble.
Because the funds weren’t available. Only after the defeat to Brentford was the budget doubled. That’s on the Glazers.
Lack of fan interaction from the new owners is something that I wouldn't welcome here. How's the relationship between the Qatari's and PSG fans?
This genuinely sounds like it’s a done deal and he’s already planning with a huge budget
They're Jewish.
Buccaneers are very active with the LGBTQ community as well as have the first openly gay player in the NFL. If memory serves, the family has specifically endorsed the LGBTQ cause.
But they are reclusive as feck.
All our problems from the summer lead back to the Glazers. They were late on hirings too.
Does that mean to say you would be giddy about the club being owned by any owner that did not saddle the club with any debt or take out dividends/managements fees?
Judging by reports thus far, Ratcliffe appears to be offering exactly that.
Yeah, why would you have a special connection with the place you've lived your entire life?
They have reacted... incompetently which led to this scenario right here - with them selling after saddling the club with more debt and unable to go any further without investment money don't have. How is this considered good? It's one thing to react, it's another to react accordingly. Look at City owners - they don't answer to shareholders but you can't say they've ran the club bad. I'm pretty sure that Qataris at their worst are still going to be better owners than the Glazers simply on virtue of having a shitton of money
That doesn’t justify spending so much on Antony, the De Jong chase, not sorting out Ronaldo’s situation, almost getting that French kid with the unpleasant mother.
The board has been mediocre at best.
If the new owners want to appoint competent people who have experience running top football clubs how can anyone not be chuffed with that?
It really depends on how they conduct themselves.
If we're working on a net budget of 150m for transfers then out club will be sustaining itself. If we do a Chelsea and spend 600m in a year then your right.
Newcastle haven't been extravagant and if they get top 4 imo it wouldn't be a hollow achievement
"Bloomberg reports that Ratcliffe is working with Goldman Sachs and JPMorgan as he prepares for some exceptionally well-heeled competition. The banks are ready to issue bonds and loans to back Ratcliffe’s bid."
So, essentially another owner who borrows money to buy the club and then lets the club pay the mortage. Jippi. Could just keep the Glazers.
So, essentially another owner who borrows money to buy the club and then lets the club pay the mortage. Jippi. Could just keep the Glazers.
Its not good, but then again United's share price has generally traded in the same range from 2014 to the present. Therefore, whatever fan disdain there was for the Glazers, it never manifested itself into financial loss for them that would've compelled them to modify their strategy. That strategy appears to have always been to grow equity in the club and sell to the highest bidder, which is what we're seeing right now.
I’d be happy for that but I’m not so convinced about Jim. Problem is we won’t know until the new owners actually come in, by then it could be too late and we’re saddled for another decade plus.
@Damien Is there a thread or anything to just see reliable news updates (a bit like we do for transfers during the windows)? It's quite hard to follow such an active thread whilst pretending to work..
The media will be very anti the Qatari bid because they will be cut-off from the easy back channels they have had for the last few years and will just get positive news releases about investment etc from a better organised club structure.
Whilst the Glazers themselves were fairly reclusive we know that Woodward was always briefing to journalists and prepared to wash linen in public, hanging managers out to dry even if it suited his agenda. This media focus meant we chased "big name" signings to make statements rather than maybe the better, up and coming talent.
If Qatari investment makes the club wholly private again, with Credit Suisse accounts, then the media will be cut off from the usual title tattle we have had from board members and execs with an agenda. This combined with ETH's approach to keeping media at arms length, will mean that the media won't be getting easy clickbait stories and the revenue generated from stories about turmoil behind the scenes at Old Trafford.
I'm not suggesting all the problems will miraculously go away - but they will at least be kept behind closed doors.
Whilst the Glazers themselves were fairly reclusive we know that Woodward was always briefing to journalists and prepared to wash linen in public, hanging managers out to dry even if it suited his agenda. This media focus meant we chased "big name" signings to make statements rather than maybe the better, up and coming talent.
If Qatari investment makes the club wholly private again, with Credit Suisse accounts, then the media will be cut off from the usual title tattle we have had from board members and execs with an agenda. This combined with ETH's approach to keeping media at arms length, will mean that the media won't be getting easy clickbait stories and the revenue generated from stories about turmoil behind the scenes at Old Trafford.
I'm not suggesting all the problems will miraculously go away - but they will at least be kept behind closed doors.
De Jong chase was down to EtH
Not getting Rabiot was down to Arnold/Murtough not bowing to demands
What are you trying to get at here?
Arnold/EtH/Murtough are working wonders
I don't really understand what this 'soft deadline' thing is.
What is this soft deadline thing?
What is this soft deadline thing?
I'm not saying that he'll do an LBO or not, or what he'll do about the existing debt on the club's own balance sheet. But even in the case that he's just raising debt on Ineos' balance sheet, you still need investment banks to underwrite and either finance you themselves or find buyers for that debt.
I hoped Arnold the rest were given more time, I really liked what I saw and I thought they did quite well in their first season in charge, the way the quickly wrapped up the sabitzer deal after the extent of eriksen's injury became apparent was quite admirable i say.
Every sale process should have some deadline as they won't be waiting for the bids forever. However it doesn't mean that the bids submitted tomorrow or later won't be considered.
See the stickies.
You don’t think so?
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