brother, I hope these replies paint a picture of how crazy that sounds, because it is the reason why I asked you what I asked you:
Club Sale | It’s done!
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brother, I hope these replies paint a picture of how crazy that sounds, because it is the reason why I asked you what I asked you:
By the way 2 billions isn't actually top of the line and isn't for a +75k stadium. As an example the SoFi stadium which is often considered as the top of the line stadium in the world, it costs 4-5 billions dollars.
No that would be categorically impossible.
We already have £500m debt. £300m owed in future transfer fees. A new stadium would cost £2-3bn. An overhaul of OT probably approaching £1bn.
Either a new owner finances it, or a new owner borrows money from ie Goldmann Sachs to do it, a la Spurs. The Glazers don't want to, and wouldn't be able to, raise the finances for it.
He is correct about this, it would. It seems a bit crazy to take a position that you can't agree with someone about one thing if you disagree about something else.
We absolutely cannot do that. The club will have to take on a new debt of upwards of 2bn Euro to build a new stadium on it's own, probably even more. Even just a renovation of the existing one could easily cost anywhere between 300M to 800M Euro, depending on the scope. Real Madrid spent almost a billion. And remember - Ratcliffe isn't clearing the already withstanding debt.
We can't build a new stadium without bankrupting the club.
Yeah, Spurs' stadium sits like 65K IIRC and it reportedly cost upwards of a £1B, so to have people in this thread suggesting United can build a new stadium with the club's revenue is wild. In the same season, we signed Wout Weghorst as a loanee because the purse only had moths and flies. Crazy
Well that's an ad hominem, people's hypocrisy does not diminish the validity of their argument. Was I against the World Cup for valid reasons? Yes. Did I still watch it? Yes. Do I think Man United being owned by the Qataris is problematic again for valid reasons? Yes. Will I still watch them and support them? Yes.
Why wouldn’t it exist? Will it pretend to give money away to charity?
Ack, thanks, the Caf UI won't let me quote people for some reason but you're right. I thought that the Spurs stadium cost 1bn? I was using that as the baseline.
https://www.forbes.com/sites/zakgar...will-be-the-last-of-its-kind/?sh=6d73eeb9b5bf
I was assuming our existing 1bn in debt gets wiped away and we take another 1bn loan for the stadium.
I think people think we are making billions of profit a year.
We have the good turnover but our wage is one of the highest in the league.
Imagine the club couldn't afford money, people blaming the Glazers for not spending, they didn't take dividend this January, yet the same fans are saying we can afford to compete and build a stadium with the clubs money?
Also fans need to realise this is not 2008, transfer fees were not the same then, other clubs did not have the money. We could go to other PL clubs and pick up the best young talents for 30/40m and bully teams, now we are looking at 100m. We couldn't even attract Haaland and Jude Bellingham to the club. People need to wake up, the PL 10th place club is spending money, relegation clubs are spending 100m a season.
At best it's just another in a long line of English football travesties relating to club ownership. And unlike all the other ones it'd be good for United.
Think he went Quatar for the world cup aswell
Football clubs are such shitty businesses, jfc.
Can a company with 17bn in assets and the following forecasts afford United?
Clearly.
The poster you quoted wanted to include years including the pandemic and a large 3bn investment commitment from INEOS to paint a picture of them having much lower profits. In realty, between 2021 - 2025 alone they forecast profits of 7.5 bn.
So erm, yeah, clearly they can afford the club, they wouldn’t be bidding otherwise.
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Exactly and that is what's annoying to a lot of us. Then you get accused of whataboutism and what not but it just reeks of hypocrisy when it's an issue now only
Why?
Delaney is
Putting the “aggressive” into “passive aggressive”
He says so in the article.
Literally nobody said that. Hilarious when people invent some nonsense in their heads and then get angry about it
For me, it's like voting Tory. You know exactly the pain and misery caused by these people but because it benefits you, you don't give a feck about the consequences.Literally nobody said that. Hilarious when people invent some nonsense in their heads and then get angry about it
We shouldn't allow ourselves become the vessel of an oppressive regime, even if that means we aren't the best or the richest team around.
They could afford to buy 70%, albeit with a large loan. Would they be prepared to also take out another large loan for refurbishment / new stadium? Plus, I'm sure I read somewhere, they've already got loan commitments of something like £8 bn.
This - United need to build something like the SoFi stadium - Glazers have got the fans used to fresh paint over rusty metal. Ratcliffe might renovate a stand. But we should be planning on rebuilding on the Old Trafford site something with the scale and ambition (if not necessarily the same design ethos) as the So Fi stadium
Must be true, then.
It's implied by favouring a Qatari take over.
No it's not.
Jim or money
No worries brother. Pledge your sword to Al Thani and we won’t have to worry about these calculations.
I don't disagree but that's not what I replied to. I replied to your invented quote presented as fact.
The other half is Russian retirement fund. Funny how us being owned by non blood sucking owners has created a mass hysteria that it is going to ruin football. Funny how non of this was happening while the Russian bought Chelsea, Glazers saddled us with debt, City being bought by a state and Newcastle by a state that chops people up and transport them away in duffle bags.
Apparently this time it's different.
Surely it's debt or money?
Surely it’s a more nuanced conversation than that, no?
I don’t believe you are this stupid. Don’t reply to my posts anymore.
Football is literally the embodiment of capitalistic ideals, l i t e r a l l y.
Maybe we should allow a consortium lead by a Russian Oligarch and a Saudi investor to take over instead. A bit like what happened at the Independent.
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In response in Delaneys article.
The biggest outrage was how the Premier League allowed Manchester Utd, arguably the biggest footballing institute in British and world football to be put in such a vulnerable state by a leveraged buyout that would have put nearly every other club in World football out of business. Where was the outrage then?
And where was the same outrage when City, Chelsea and now Newcastle go about their business in buying their way to success with state money?
Its not Manchester Utd who are complicit in what's happening to the former beautiful game as some would try and make you believe.
Its the Premier League and UK media who sold their soul to the devil who are guilty as sin.
Reap what you sow!
The biggest outrage was how the Premier League allowed Manchester Utd, arguably the biggest footballing institute in British and world football to be put in such a vulnerable state by a leveraged buyout that would have put nearly every other club in World football out of business. Where was the outrage then?
And where was the same outrage when City, Chelsea and now Newcastle go about their business in buying their way to success with state money?
Its not Manchester Utd who are complicit in what's happening to the former beautiful game as some would try and make you believe.
Its the Premier League and UK media who sold their soul to the devil who are guilty as sin.
Reap what you sow!
Not for me, no.
Like I said, you know the pain and misery caused. You have to draw the line somewhere.
I should have been clearer.
Delaney works for a news paper who is largely owned by Evgeny Lebedev (41%) ie a Russian oligarch and Sultan Muhammad Abuljadayel (30%) ie a Saudi investor
https://dohanews.co/qatar-joins-143-un-votes-rejecting-russias-annexation-of-ukrainian-territories/
https://www.cnbc.com/2023/01/17/qat...e-and-forget-for-russia-foreign-minister.html
https://en.wikipedia.org/wiki/Qatar–Saudi_Arabia_diplomatic_conflict
Independent indeed.
Labelling him a clown is a massive understatement then.
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