I'm going to only address one point. What ridiculous control Mbappé has? What has he controlled since he joined PSG? None of the things that Mbappé allegedly wants or wanted happened, none.
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I'm going to only address one point. What ridiculous control Mbappé has? What has he controlled since he joined PSG? None of the things that Mbappé allegedly wants or wanted happened, none.
As far as I know, the club’s debt was refinanced at around 2012 or so, and back then the interest rates were around 1%. I do not see why we would have taken a debt 5 times higher than whatever the market rate was.
Bear in mind that not all the payments were interest payments. The debt was also going down, in fact it went significantly down from refinancing until covid (when they took another debt to be able to pay the operation costs).
Regardless of what is their revenue, they won’t be able to take debt with smaller interest rates than what the banks themselves get from the central bank. If the fed have interest rate at 4.5% or whatever it is now, no US bank is gonna give a debt to someone for less than that. If the interest rates go lower, sure, the debt can get restructured. But no one knows when will that happen albeit many hope it will happen by the end of next year.
No we didn't and obviously we still went on to win things after he left. It really allowed Rooney to shine and I suppose with hindsight we failed to realise his peak would be quite shortlived. Speaking of Rooney, might be a stretch to blame the Glazers on him wanting to leave but surely whether it was money or ambition, he did want to leave us at one point. Does that not point towards a club that was extremely badly run?
This is moving fast. I like it!!!!
Oil me up baby. The funny thing is the those who are for ‘making Manchester great again’ should be all for the Qatar model. But I’m not getting that temperature for some odd reason.
Oil me up baby. The funny thing is the those who are for ‘making Manchester great again’ should be all for the Qatar model. But I’m not getting that temperature for some odd reason.
Given he has an existing relationship with qatar, I'd guess they will wheel out beckham as their football ambassador at some point during the bid process.
Someone isn't bidding £4.5b+, debt free, without a hell of a lot more money backing them.
Nobody believes here that its not QIA. And yes they also don’t like he is from Qatar because according to redcafe even if his personal wealth is being used (which they don’t believe), it is still earned through Qatar government connections
Again quite funny that PSGs poor season is down to their appointment of the ‘hipster’ director many of us wanted in Ralf Rangnick!!
But let’s not talk about that.
Yeah. If you read Mike Keegans stuff that should give you an idea of their plans for Manchester. An airport terminal near OT, 5 star hotels, a monorail etc. it sounds pretty spectacular.
Apologies for misunderstanding your view on Ronaldo. I don't think there are many who think the Glazers have run the club well.
Good point. i had forgotten their LGBT ambasssador!
Why would a known United fan undermine ETH it’s already been reported by Keegan that they would back ETH and wouldn’t recklessly spend.
I swear people are just wilfully ignorant and ignoring what’s in front of them in this thread for the local Manc, not you specifically but just seems bizarre.
In case anyone else missed it (from Keegan)
Qatar bid:
- Private bid from QIB CEO
- Also a royal family member
- Promised to BACK ETH
- Not spend recklessly and implement a sporting strategy
- Has personal, banking and family wealth
- Has been a lifelong United fan
- Studied and grew up in the UK
- 39 years old (grew up with class of 92)
- Nine Two Foundation would Own United
- Management and hierarchy is not that of PSG
- Even if links can’t be run by the same people
- Had commuted to investment in the women’s team
- Rebuild/new stadium
- Youth at the centre of the strategy
- Redevelop the area
Other notes to consider :
- PSG part of the QIA / QSI has run many pro LGBT+ campaigns
- Qatar have large investments in Barclays and Sainsburys , your weekly shop funds Qatar more than wholesale large investment to MUFC
Some extremely selective thinking going on in here.
SJR may be a good owner but there are enough red flags to suggest it’s not enough wealth to get us to where we want to be as a club and compete with the rest.
Do not forget whoever doesn’t get us likely goes for Spurs or Liverpool.
well we paid 18.2m in interest alone in 2022 (the year upto March 22), so it seems some of the debt was not at a low fixed rate
and we added something stupid like 300m last year, so suffice to say that wasn't at a low interest rate either
but anyway, you're right obviously that they won't renegotiate those early fixed rates. But anything new that needs to be negotiated, they'll get a better rate under Ineos than United. Eventually, I would bet that all the United debt would get paid off or moved over, as it's in the interests of their business to do so.
What madness is this?
Weren’t we buying awful payment in kind loans at one point?
They were at over 16% interest so I’d be blown away if they somehow got that down to 1%.
https://www.independent.co.uk/sport...ited-glazers-debt-explained-b2145746.html?amp
I’d imagine with the wealth of the Qatar bid and INEOS, they’ll get better terms even in the current climate than what the Glazers received in 2015.
The image of ETH in one of those skinpy negliges is one of the few positives in all this.
These people are rarely direct but from I understand is that they are pissed off for not being involved and there are issues with their hotel business. All I can say is that United had become too corporate since the Glazers came in. In the past fans could approach players and ask for a signature. These days it's almost impossible for a player to visit a supporter club and you will be lucky if he actually signs anything at all. Every thing has a price tag with these American bastards
Honestly people are full of shit. They create circus themselves, their own way of judging things is extremely short termist and they don't apply their logic consistently. PSG is no more of a circus than the other big clubs, like pretty much everyone else PSG have made mistakes some big others negligeable, big players have a voice everywhere and finally managers are sacked everywhere by everyone at a fairly high clip.
If I was to judge QSI ownership of PSG, I would say that they are average, I wouldn't claim that they are bound to success or failure.
100x this. We cannot afford to lose the Qatar investment because they will move on to another club sharpish. They’ve now set their sights on a PL investment. It’d a bit like me earlier this week - my mate got a Steam Deck and was raving about it so the seed was planted. I couldn’t stop thinking about getting a Steam Deck. I needed it!
I bought a Steam Deck
Honestly, this is complete bollocks. PSG being a circus of a club is not some conspiracy theory.
Congratulations on your new kettle.
What happens with the current debt? Haven't read through it all
Why is that relevant to a different set of people running a different club under a different investment arm?
Ratcliffe investment will bring manchester united back to manchester. It won't bring him for tax purposes though
I don't doubt there are numerous horrible wall street bids already in
He just asked how PSG are run differently to other clubs and I bit
Gas*
Thanks! Think it's important most of the debt is gone when the Glazer's leave
40 year old owning Manchester United,.seems suspicious but we need the right owners immediately.
An owner who can let the club flourish for just 10.years.
We should be suspicious of all potential owners but our next owners is beyond our decision.
Let's cross fingers we get good owners for once.
An owner who can let the club flourish for just 10.years.
We should be suspicious of all potential owners but our next owners is beyond our decision.
Let's cross fingers we get good owners for once.
Answer the question what control does Mbappé have? And is PSG different to pretty much any other big club, they haven't had more managers than the likes of Bayern, Juventus, Barcelona or Real Madrid, big players don't have more or less power.
I don't mind the idea of calling any big club a circus, my question is how is PSG somehow different? And what is the ridiculous amount of control that Mbappé possesses?
I think your kidding yourself if you believe there won't be a few ME sponsors on our books should the Qatar bid be successful.
I don't feel the need for an owner who will spend his own money (at least on players). Under decent ownership we can do that ourselves. Thats all we need.
As for greenwashing, I do not believe that is the goal of the deal. Also, while the Glazers were tucked away in Tampa, away from the English media and fans, if Ratcliffe was to be the owner of a wobbling or an ambitionless United, he will be affected by it more.
Seems like a deal like that will be a challenge for him to win. I don't see him doing it just so United will be a top 4 club.
If psg is such a circus act then why Nice not exploiting the situation to at least win something? I think I'd rather stick to the guys who make costly mistakes like signing Neymar and Donnarumna then the one whose mistakes include Barkley, Ramsey and Pepe
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