Sorry for the confusion I was replying to the person talking about our new owner buying Mbappe & Bellingham
Club Sale | It’s done!
- Thread starter JB08
- Start date
- Status
Sorry for the confusion I was replying to the person talking about our new owner buying Mbappe & Bellingham
Yeah infrastructure is an absolute mess
They don’t but they do have a surplus of cash they’ve been actively trying to get off the balance sheet
presumably a decent chunk of that cash is in the uk and ‘stuck’ there unless they pay tax on it
I doubt the story is true because they are a tech company, but it isn’t impossible that they could be looking at it either..
and certainly macrumours saying it isn’t true is virtually meaningless, I think we can all agree on that
apple would be a bad one I think, great on paper but the reality would be different.
United would just become a cash cow for multiple shareholders across apple then imo.
United would just become a cash cow for multiple shareholders across apple then imo.
Wouldn't surprise me if they (PIF) palm off Newcastle to one of the Saudi 'private' companies and bid for United as the flagship.
He talks a whole bunch of shite that lad. No-one knows, it’ll be the highest bidder, simple as that.
You’re not serious, we can only have 5 subs a game.
According to Spanish reports, Zara guy wasn't ever interested. Not sure that an 86-year-old being in charge would have done much for future stability (I hope that doesn't sound ageist). Also, as stupid as it sounds, not sure he is actually rich enough plus it's no that long ago that Zara was reportedly closing loads of it shops...
I'm presuming the story has gone through a Google-type translation mangler...
https://www.cope.es/deportes/futbol...do-comprar-manchester-united-20221124_2417063
https://www.theguardian.com/busines...se-up-to-1200-fashion-stores-around-the-world
I'm presuming the story has gone through a Google-type translation mangler...
https://www.cope.es/deportes/futbol...do-comprar-manchester-united-20221124_2417063
https://www.theguardian.com/busines...se-up-to-1200-fashion-stores-around-the-world
That has crossed my mind as well and it wouldn't be a huge surprise.
A VR platform to watch the match pitch side would be insanely good!
That wouldn’t surprise me. One things for sure, if the owners of Newcastle hadn’t bought them yet and they had both clubs on the table right now, they wouldn’t think twice about buying United.
In addition to him being a well-known Deportivo fan, so you would think that he would rather sunk his cash into making that club great again if he's after a legacy move.
United at £6bn valuation plus the needed investment to catch up and mordenize infrastructure wouldn't make sense for a US for profit investor. Even if they wiped off the debt and allowed us to spend 200m a season they would still need to invest upwards of a billion for infrastructure and with how the competition is going for CL places it would take decades for them to grow the club's valuation to levels that would begin to match the outlay.
Jim O'Neill who led the failed Red Knights takeover is saying that no sensible/rational person will buy the club due to the price being out of reach for normal human beings or even normal wealthy human beings.
Yep, why state ownership is the only thing that makes sense and will allow you to keep you with city and newcastle in the long term.
Good watch.
We are simply too big for a salvage, repair and grow job hell I doubt even someone trying to do it with a Spurs or Arsenal would succeed. If the Glazers want out at a valuation above £4bn then our destiny lies in being a sports washing project or an Abramovich type owner. US investors or the likes of Radcliffe could turn out to be worse without the Ferguson factor that Glazers rode their luck on.
I think once the Glazers do end up selling the club and leave the building, then the true horrors of their ownership will be revealed via the press/media.
A NDA will be agreed
Painting one of the worlds most profitable, marketable and lucrative sports enterprises as some kind of junk bond that only state owned conglomerates could possibly be interested in seems like starting from a position of wanting state ownership and working backwards to try and convince themselves and others that it must be inevitable
Any discussion that denies businessesmen will see Manchester United as a vehicle through which to make a shit ton of money is delusional
Any discussion that denies businessesmen will see Manchester United as a vehicle through which to make a shit ton of money is delusional
Well it's definitely not the case. There are some obvious BS rumours like the Apple one but I am sure there are plenty of consortiums and rich people who would be interested. The issue is that most of those will absolutely look at us completely from a business point of view, and while maybe they wouldn't riddle us with debt, expecting them to constantly spend their money on the club is very naive, they will absolutely want to get something back from their investment. The ones who would not care that much about the money are the ones that would use us as a machine to create some fake image of them or their state.
But this ignores the simple fact that their money can easily be returned on massively just by being successful. Manchester United is an absolute juggernaut financially and with the right investment can become significantly more valuable in a reasonably short time
We spent nearly 200 million this summer and were still nowhere near enough for Erik to have his ideal squad realised, then there is infrastructure expenditure on top after clearing all the debt from previous ownership, clearly deep pockets of cash are immediately needed, I am not sure how that can be waved away.
The debt isn't really an issue. It's unusual for a football club but it's not unusual in business. What investors or buyers will look for is growth potential . TV rights, sponsorship, marketing and commercial opportunities etc.
The price isn't by itself necessarily off-putting as its something that baring a catastrophe, will be recouped back and more later on down the line when they decide to sell themselves
Look at the Glazers. £25m a year is decent but it's not mega money. But they've got a £6bn asset. £6bn today with £75m profits and in 10 years maybe asset is worth £15bn
There's not going to be a focus on immediate turnover or even contemporary issues and challenges.
Clubs without our resources fund big capital stadia-based projects all the time without state money. It will be a definite consideration for a buyer but we are the most lucrative business in our field. If we're not an attractive proposition nobody is.
This assumption that it will be someone who won't see us as an enterprise to profit from iis, to be generous, fairly wishful.
The worlds biggest economy is going into a recession. Interest rates are going up and inflation is high. Borrowing costs have gone up. Cheap debt no longer exists. If any billionaire wants to leverage cheap debt they will no doubt saddle the club with the interest payments.
Hence state ownership, who dont have to borrow from external parties would be able to leverage the buyout cheaply (overall costs of the deal) compared to a billionaire.
No billionaire puts his own money in without a plan to get it out. Were it not for sanctions against russia abramovich would have got his £2billion loan to chelsea back.
Call it as it is, Sports washing. But its the only way to break city dominance and newcastles inevitable rise alongside them.
Hence state ownership, who dont have to borrow from external parties would be able to leverage the buyout cheaply (overall costs of the deal) compared to a billionaire.
No billionaire puts his own money in without a plan to get it out. Were it not for sanctions against russia abramovich would have got his £2billion loan to chelsea back.
Call it as it is, Sports washing. But its the only way to break city dominance and newcastles inevitable rise alongside them.
This is certainly the case. Lots of fans also attempting to convince themselves that we’ve (or football) peaked. I wish I had a thousand quid for everytime I’ve heard that.
Just look at what the Glazer family will ultimately earn after 17 years of Manchester United ownership. It’s a quite frankly ludicrous sum of money.
Buy United, run it well, maximise profits, think non-linear with what can done with a football club & content and feck me, you’ll make billions & billions even if you never take out a dividend.
Nothing is to be gained to own the longest yacht or the biggest plane. You are underestimating the vanity of the rich.
And that kind of person doesn't exist on planet Earth. Anyone will want to profit in one way or another. But some will want it to be monetary, others will want to use us as a propaganda machine pretty much.
If our owner is the former, we will be at a risk again to have the Glazers Mk 2 on board. After some initial spending to appease the fans, we will most likely end up where we are now pretty much because nobody will put their money for forever. As you said, they will want profits. So even if they don't take dividends like the Glazers did, they certainly won't give their money either which is fine in a way, we generate money so we don't need a sugar daddy but it will definitely make competing difficult.
If we get the latter as owner, a lot of people will have moral issues with it and it's understandable, however I think it's obvious that it would guarantee a better future for the club. Lack of investment should not be an issue anymore as we would basically be a face of some murderous regime and each one of them will want to do better than their neighbours.
In general I think we are a very attractive proposition, we should see a bidding war in the near future and the actual price we sell for might surprise a few.
I would have taken your posts seriously, however, you were the one who kept banging on about how multi-billion dollar deals aren't done through the media, etc, etc. Even though it was proven to you that it does happen. Now United are going through the same route, as well as LFC. Nothing new or groundbreaking.
So, it's fair to say, you haven't much idea of how things are done. Hard to take your posts seriously.
What on Earth does this have to do with his post?
Just reads like a bizarre attack on a different opinion because you don’t like the clearly valid one you quoted
Makes it even more bizarre the point you’re making about “sales through the media” when yourself posted the following the other day:
I don't see how business-men can make a shit tonne of money from United
the oil-bubble has put paid to that notion
hence why we're being sold
If you believe the Glazers are about to make a £6bn profit from the club how on earth can you question if businessmen can make a lot of money from us?
The current business-men owners look set to make billions.
Actually, in normal circumstances even Roman would’ve made around a billion on his Chelsea ownership and they needed so much more investment than we ever would.
they bought before the oil bubble, and are selling at the top
surely you can see this?
I can't see past the ME. It'll be the Saudis, Dubai or Qataris.
They bought after Roman in fairness.
If you think United and football won’t continue to increase in value, I think you’re off your head.
Then I'd rather not break City dominance or Newcastle uprise.
We've called City supporters out for winning the lottery, buying titles, only supporting City Post takeover etc, we'd be doing just the same should we be taken over by a Saudi/Dubai owner.
The worst thing is, the PL & FA would likely be a massive advocate for Saudi/Dubai to takeover United and Liverpool, as it'll make their product more competitive, meaning its more marketable. It would literally be the Super League.
business investors are looking for multiples
the Glazers got a 15/20x or something
any new investor has close to zero chance of making that back, and will steer clear
they'll need invest in the infrastructure, the squad, and compete for new players with multiple nation states
if you think a real business-man will look at this and see it as a good investment you're off your head
We would be on a level playing field, we can`t be expected to compete against UAE and Saudi money whilst still needing to invest on the stadium etc be real football has changed. Even during Fergie's time we were accused of spending the most money and we did break transfer records in the process. If people feel they no longer want to watch Utd if we are bought by these owners then that`s there choice, i will always support Utd regardless who owns and it would be nice to win the major trophies again.
- Status