Says “get the feck out” but acts indignant and clutches pearls at what’s said to him. Sounds about right.
Club Sale | It’s done!
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Says “get the feck out” but acts indignant and clutches pearls at what’s said to him. Sounds about right.
What makes you think that, all signs from Labour include they will be cosying up to the Davos set. Not just Starmer either.
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Its quite galling to think they bought United with a £550m loan and 18 years later it still stands at £535m.
In 18 years they have paid a capital amount of £15m, I've not checked the profit & loss figures but I wonder how much interest they have paid on that loan in 18 years ?
In theory, they have purchased United without spending a pound and then United have fronted up their interest charges as well.
And now they want to sell for £5b plus ... amazing bit of business by them to be fair.
In 18 years they have paid a capital amount of £15m, I've not checked the profit & loss figures but I wonder how much interest they have paid on that loan in 18 years ?
In theory, they have purchased United without spending a pound and then United have fronted up their interest charges as well.
And now they want to sell for £5b plus ... amazing bit of business by them to be fair.
Do you not care who owns your football club?
Cue the "it's not my money" daft reasoning
I think your post is the naive one.
Russian money actually had a far greater influence on the Conservative party and that didn't stop them banishing RA when it became the politically expedient thing to do. The idea that ME money 'owns' the Labour party and will always protect ME states from sanctions is ridiculous tbh.
So Labour are going to add all Saudi, UAE and Qatari royal family members onto the list - stop selling them weapons cancelling billion pound contracts, refuse to buy oil and gas from them causing energy markets and inflation to go off the charts and a huge recession, seize 3/4s of London and Newcastle/City in assets which will make all foreign investors think twice about investing in the U.K. regardless of nationality - and tell them we don’t want the Middle East opening up to the west, we don’t want your money or your energy supplies - run off into the arms of Russia and China - and they’re going to do this alone as a total outlier to Western Europe and the US…weirdly enough these decisions aren’t made on the basis of who people think should own football clubs.
I never said any of that. I just said it's more likely that Labour will take a stand against human rights abusers than the Tories. Which is obviously true.
Doesn't mean they will. But it could happen in the future, you'd be naive to think it can't.
Yes please! Can’t be having important news coming out on April fools day tomorrow can we?! What a potential fake news shitshow that is!!
“Don’t tell him Pike!”
Well, we should all remember the apparent messages between the Crown Prince and Boris, telling him to ensure the premier league corrected their decision on the non-state owned/funded Newcastle deal. Which he also allegedly did by sending his old buddy from Barclays down to put pressure on the PL to make it happen.
If it comes down to it, I suspect that similar might happen with Utd. It would be pretty much unstoppable because there's just so much more going on beyond the much simpler business of who owns a football club.
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They made no promises. Kept their cards close to their chest and barely said anything to anyone.
I'm looking forward to the Qatari bid being successful, not only for the benefits it may bring to the team, but also because it will frighten the FA to death. It will mean that they actually have to be seen to punish City for repeated breaches of the rules; if not, they merely set a template for us and Newcastle to follow the same business practices as them.
The smart thing to do tbf.
The media are always desperate for some kind of pledge or target so they can hang it around your neck and frame every move you make in relation to it.
Tbf if you are a billionaire, the chances are, you are detached from reality -- they dont live like common people.
I doubt they are though. Their net worth is 3.9b and they are 6 Glazers
The bucs are worth 3.6 billion. Surely they have other assets?
Besides how accurate are those Forbes estimates?
Alright Jarvis Cocker from 90’s Brit pop band Pulp, calm down!
Why couldn't Elliot Group simply purchase the shares of the Glazers who want out, then separately fund the new infrastructure? The latter should be relatively straightforward to do through a partial contribution of straight investment as proportionate with their shareholding %, then partially as a loan to the remaining Glazers. Elliot Group aren't exactly lacking in their own resources.
Been saying since the announcement.. They will play their own game, and the first chance they get to not sell, they will lean toward that.
Over evaluate ... blame interested parties for not paying their price... play the card "we have no option but to look for investment / not sell, due to valuation not being met"
investment works perfect for them. It always have.. they take care of some of the issues with the club that they are unwilling to pay for themselves, all whilst keeping their cash cow.
I didnt celebrate the day of the announcement and wont until we see an official statement saying they are 100% gone..
If they do decide to stay.. it will be utter chaos at OT next season.. Im praying it doesnt come to that, but it doesnt look good at all
Over evaluate ... blame interested parties for not paying their price... play the card "we have no option but to look for investment / not sell, due to valuation not being met"
investment works perfect for them. It always have.. they take care of some of the issues with the club that they are unwilling to pay for themselves, all whilst keeping their cash cow.
I didnt celebrate the day of the announcement and wont until we see an official statement saying they are 100% gone..
If they do decide to stay.. it will be utter chaos at OT next season.. Im praying it doesnt come to that, but it doesnt look good at all
How to become a millionaire?
Start off as a billionaire and pay off Man Utd’s debt.
The Glazers have completely ravaged the team. We are in serious trouble if this takeover doesn’t go through. People don’t realise this but we aren’t really far from bankruptcy.
Start off as a billionaire and pay off Man Utd’s debt.
The Glazers have completely ravaged the team. We are in serious trouble if this takeover doesn’t go through. People don’t realise this but we aren’t really far from bankruptcy.
This. Both Tories and if Labour get in, will have to dance to their tune. In fact they will embrace more spending, if it helps us move forward.
Fair enough
On thing confuses me is that the parasites are looking to walk away and leave the eye watering debt they have accumulated behind them, still on the club.
Surely any bidder / interested party would just say "if thats the case, deduct £980b (or whatever its at now) off the final price and we're sorted"? and that can take care of the debt problem.
Im no financial expert, but surely when buying, inheriting this amount of debt surely has a massive sway on how much you would pay
Surely any bidder / interested party would just say "if thats the case, deduct £980b (or whatever its at now) off the final price and we're sorted"? and that can take care of the debt problem.
Im no financial expert, but surely when buying, inheriting this amount of debt surely has a massive sway on how much you would pay
Elliott group would then be the biggest shareholder with about 46% of the share and the 2 parasites left with 23%. Dont think the leeches would agree to this, if they intend to hang on. They wouldnt have any say on matters and no more dividends, which would kill them.
Different era. All was done in boardrooms and behind closed doors. Also shares had not yet been floated, so it was a different situation. Public and fan sentiment is arguably more of a factor today.
I have no idea why people believed him anyway. Imagine a serious Qatari journalist tweeting “we feasting soon”
Yeah but the Glazers are asking for an inflated price more than the club is realistically worth to begin with. Almost certainly to account for the large amount of debt they saddled the club with that they don't actually want to pay.
Don't the Glazers employ that Class A/Class B shares system, whereby the Class B shares hold all the voting power? So in theory, they could hold onto power by converting the sold shares to Class A, or - more likely - allow Elliot Group to purchase a limited % of the siblings' shares before providing funding to Avram/Joel to purchase the remainder from their siblings.
I think if Elliott were funding the purchase of the other 4 siblings then they would want the same shares and voting power they had. So the class B shares would be what they want. They are not going to buy 66% of the leeches voting power and not be in control in that scenario.
I’ve got full confidence absolutely nothing has happened of note since page 900. I’m simply here for page 1000. Waiting in the wings.
The thing here is that Manchester United fans actually seem remarkably placid about this whole situation.
Contrast this for instance with the attitude of the Newcastle United fans during that 2020-2021 period where Newcastle United's takeover by PIF was being blocked by the Premier League. In response, Newcastle United's fans organised multiple pressure movements, including a fan-funded legal challenge to the Premier League for alleged anti-competitive behaviour, mass email campaigns to their MPs, sustained harassment of the Premier League's sponsors, in-person protests at the Premier League headquarters in London. All of which were actually pretty successful towards putting pressure on the Premier League to eventually approve their takeover.
Point being, Elliot Group would likely be highly sensitive to similar pressure tactics from fans, yet I can't see any such attempts being made by fans to utilise their potential influence.
I'm not so sure, Elliot Group originally just wanted to provide funding for third party buyers rather than purchase any shares themselves.
They only seem to have made an offer for a minority stake after further follow up discussions with the Glazers. If the rates for lending were favourable then why wouldn't they take advantage?
Apparently that was all inconsequential to Saudi Arabia finally being allowed to buy Newcasltle. Reportedly all it took was a text from MBS to Boris and Bojo leaned on the Premier League to push through the takeover and approve it.
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