i thought the Quatar statements were they would indeed clear the debt
Club Sale | It’s done!
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You misunderstood my post. I'm an american, I'm from Chile. USA is not a name, it's a definition. United States of America is a definition of what they are, therefore they have no name as a country.
Yeah it's inside the M60 and all. Oldham is a distinct town with its own identity. Failsworth is a suburb of Manchester.
So not London then?
I am almost positive we will learn about a third party going in with a bid soon enough.
Why?
City are in danger of relegation because of it.
We already have the revenues to compete with anyone were it not for the debt repayments.
So why would anyone risk their £5 billion asset by doing the same thing for absolutely no reason?
Plenty to criticise the Qatari bid for without this stuff.
absolutely. In 2019 they committed to 3bn in investments, https://www.ineos.com/inch-magazine/articles/issue-15/investment/
Put simply, no-one needs to worry about our financial stability if INEOS were to win the bidding, although I just can’t see Qatar not outbidding them.
They will do whatever is necessary in terms of PR (like PSG do for instance) to appease those concerns. Real change will never happen unless the Qatari people are ready to take arms basically and that's never gonna happen
INEOS is debt funded by US investors. The debt won’t be on United names, also it can’t legally be on United’s name.
They said nothing about that.
Obviously we do not know what happens, but it is weird to expect a company getting a debt at 5% interest rate to pay a debt that was taken at 1-2% interest rates. It is the exact opposites of what companies do.
Which is why I think that the only ones who would clear the debt are those that buy the club without needing to take a debt to do so (in this case it is Qatar, hypothetically it could have been some mega corporations like Apple/Amazon or some ultra rich guy like Bezos). Someone that needs to take a debt to buy the club with these interest payments is unlikely to clear the club’s existing debt.
It’s probably because everyone cooks the books. Football as an industry is ridiculous. The fact that it’s being owned by mega corporations or ridiculously rich people and is actively used as a medium to drive one sided agendas is very telling.
i get why people are concerned about Qatar and Saudi - I personally think Clubs that mean so much for the people who support them shouldn’t be state owned. And football clubs mean a lot to the average fanbase.
the discussion then becomes theoretical and im not trying to raise the banner of communism in Old Trafford i just want to experience the joy of winning the premier league.
No need to call out people. Anyone can have reservations about this.
Great post. What we can do is say no to Quatar. Never. Good article by B Ronay in the Guardian. Look what they have made of PSG. No to state ownership
I like making up reasons to disagree with someone, so I have to applaud you for that one. Beautiful work.
"Completely debt-free" is an ambiguous statement these days.
Yeah everyone I know from Failsworth classes themselves from Manchester. Everyone from Oldham doesn't identify as a Manc.
Qatar have already stated they will completely wipe clean the existing debts, it will be a debt free takeover.
We most certainly have to boost our revenues. City and Liverpool have both caught up and spending is linked to FFP.
Definitely not.
Who would believe that?
City’s isn’t legitimate though?
It’s actually funny out of all the mental gymnastics people have done to view Ratcliff bid in the best way. None have assumed the most obvious one for the Qatar bid 1) they will just pay it off either instantly or over time from their own money.
It’s not really far fetched to think that.
Because they only other state owned team (Newcastle are too fresh) have done it. It's the only example they have so I won't condemn posters for thinking Qatari ownership might do it.
I don't think they will. They've no need
I’ve heard Ratcliffe is an alien linked to the high altitude objects over the US and is going to use OT and the 5G network to summon the mothership. Probably.
Exactly. You know when your in Oldham. The place is a dump.
It's really not that deep plus it was a tongue in cheek comment, calm the feck down.
I don’t want a PSG vibe either. No to state ownership. End of.
Sports washing, as I understand the term, is describing a PR exercise to change the image of a country in the minds of the population in general, it isn't meant as a description of increasing political influence. I hate to break it to you, but Qatar, Abu Dhabi and Saudi Arabia already have plenty of influence in the corridors of western governments, they have personal relationships with our leaders and already own or have large stakes in assets in most western countries.
I mention soft power as owning United will further entrench their influence and possibly increase it around the world.
Because you don’t know what you don’t know until you have a reason to know.
What is a PSG vibe?
Should you be aware of any foundation in the world
?Not to mention the yonner accent they've all got there.
Fair enough. I don’t want it either, but it’s inevitable.
Is there a human being alive that doesn't believe the Glazers will just take whichever number is bigger?
Any chance fans in OT could have some sway?
Any chance fans in OT could have some sway?
It's time for the Glazer's to do the decent thing and accept the bid that leaves the club debt free.
They should then take the money and go and buy Liverpool, hire Ed Woodward again and grind that club into the dirt for a decade or so.
They need to buy Liverpool with leveraged debt, get Phil Jones transferred in on a 7 year contract and ensure that Ed Woodward brings back talent like Sinama-Pongolle (#pongolleback).
They also need to ensure they destabilise the manager by releasing stories of dressing room unrest and disatisfaction with his training methods.
They should then take the money and go and buy Liverpool, hire Ed Woodward again and grind that club into the dirt for a decade or so.
They need to buy Liverpool with leveraged debt, get Phil Jones transferred in on a 7 year contract and ensure that Ed Woodward brings back talent like Sinama-Pongolle (#pongolleback).
They also need to ensure they destabilise the manager by releasing stories of dressing room unrest and disatisfaction with his training methods.
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Is there no way in your mind possible buying one of biggest sporting clubs in the world and what all comes with that could lead to real change in anyway?
Look I duno, but pretending these things don't happen just because they own us isn't the correct way to go about it either.
Exactly, I hear sport washing. Yet Qatar, UAE are places where many people from around the world choose to go live.
This thread has taken a turn for the worse. Now we're having a pop at Oldham. And yeah the accent is bloody awful.
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