UpWithRivers
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- Dec 30, 2013
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If they think its worth 6 and they are being offered 4 for example then why would they sell?
It's hardly worth 6 though, that's the point. Club are bleeding money, in huge debt and sponsors want nothing to do with them. It's hardly a position of power from the top. United could be worth that, the squad, the stadium and facilities ect. It's nonsensical to demand 6 billion when they can't afford to run us now, not in line with reality.If they think its worth 6 and they are being offered 4 for example then why would they sell?
You don't go this far into a process unless you've made your mind up.
If matters don't change with either a change of direction from the Glazers or new ownership we could see a repeat of protests leading to likely match postponements. This could then put the club in hot water with the FA. Sponsors could start bailing out.
Changes are a must.
If they think its worth 6 and they are being offered 4 for example then why would they sell?
But they aren't backing out and shutting the whole thing down, most likely they would be raising capital to pay off the debt. They would obviously make the PR look really good instead of just "no deal!".They'd also suffer from huge reputation damage if they decide to simply back out for no good reason. So yeah I agree.
Tbh I put that down to covid. It’s only work due to a lack of security(I’m not even sure it was planned).Impossible to see something like that again on a normal match day(Any attempts would lead to club bans and arrests).If matters don't change with either a change of direction from the Glazers or new ownership we could see a repeat of protests leading to likely match postponements. This could then put the club in hot water with the FA. Sponsors could start bailing out.
Changes are a must.
They own (or at least used to) a lot of commercial real estate as well as the NFL franchiseI don’t believe so but they have their NFL franchise.
If they were to stay at United though they’d need to obtain investment and then put back in. Why would they do this?
The Glazer's aren't in debt, the club is, I'm sure they are quite capable of sorting the stadium out, but they don't want to, that's quite different to saying they can't afford toI don't see how they can stay. They can't afford to sort the stadium out for one, that's a huge expense and they're already hundreds of millions in debt.
The old saying is anything is only worth what someone will pay for it. It really doesnt matter what the Glazer's think, they have also starved the club of infrastructure investment and thats going to be a huge factor in what someone will pay. They also bought their stake for minimal personal cost due to the leveraged model. The current structure cannot take any more debt and I dont see how the Glazers put more capital into the club as things stand. If they sell some of their shares the proceeds go to them. Or they could have a rights issue that they are possibly a new investor takes part in to bring new funds into the club. That makes it really hard to see a route where they dont sell.If you look at their financial situation, they have to sell. They have to…it’s not really a question of want. They are over leveraged. If they sit on their debt service for even another year it could be a disaster for them financially. If they sell for even in the 4’s they make a massive profit. There is a possible scenario I guess where they could have investors take out their debt for a minority share, but even that is just a band aide…but with banks seemingly headed for a protracted period of uncertainty I don’t think it’s a given they can sell down the road for much more anyway. They really just need to sell and I believed they know it, as do the bidders. This seemingly back and forth position on their end is all the public theater of negotiation…
Get a loan and put it on the club. They’re not paying the debt we already have with it being factored on top of the price so why not do it again?I don't see how they can stay. They can't afford to sort the stadium out for one, that's a huge expense and they're already hundreds of millions in debt.
They can't get another loan using the club as collateral, that option has reached it's limit, that's one of the big factors in possibly sellingGet a loan and put it on the club. They’re not paying the debt we already have with it being factored on top of the price so why not do it again?
They won’t leave until it’s a shell of a club, they’re asset stripping future revenue for themselves.
They have plenty looking for minority investment. I’m sure they can use that capitol some sort of way. I’m probably wrong but this suddenly doesn’t smell right to meThey can't get another loan using the club as collateral, that option has reached it's limit, that's one of the big factors in possibly selling
They can't get another loan using the club as collateral, that option has reached it's limit, that's one of the big factors in possibly selling
They have had fan backlash since day 1. They won’t care!If they think they can realistically stay then they are somehow completely ignorant of the fan backlash that awaits. Especially if we have a poor transfer window.
NoEven with the progress being made under Ten Hag? If you guys win the Europa, finish strong in the league and he gets to spend another 200 million this summer, would fans really protest?
Of course I understand why people would still protest but would the on-pitch improvement curb some of the anger?
The old saying is anything is only worth what someone will pay for it. It really doesnt matter what the Glazer's think, they have also starved the club of infrastructure investment and thats going to be a huge factor in what someone will pay. They also bought their stake for minimal personal cost due to the leveraged model. The current structure cannot take any more debt and I dont see how the Glazers put more capital into the club as things stand. If they sell some of their shares the proceeds go to them. Or they could have a rights issue that they are possibly a new investor takes part in to bring new funds into the club. That makes it really hard to see a route where they dont sell.
They did actually explore selling a minority stake and still are. It won't be easy. Problem they'll run into is finding a private non-bank buyer ready to pay the amount it would take to help their financial situation but also passive enough to let them keep significant ownership. How much 'minority' stake is my one billion going to net me? One that doesn't need significant dividend returns anytime soon. They've reached the end of the line where they can't manage any more debt. They aren't actually selling because they want to. The sale is almost entirely necessitated by money.They have plenty looking for minority investment. I’m sure they can use that capitol some sort of way. I’m probably wrong but this suddenly doesn’t smell right to me
They did actually explore selling a minority stake and still are. It won't be easy. Problem they'll run into is finding a private non-bank buyer ready to pay the amount it would take to help their financial situation but also passive enough to let them keep significant ownership. How much 'minority' stake is my one billion going to net me? One that doesn't need significant dividend returns anytime soon. They've reached the end of the line where they can't manage any more debt. They aren't actually selling because they want to. The sale is almost entirely necessitated by money.
They have plenty looking for minority investment. I’m sure they can use that capitol some sort of way. I’m probably wrong but this suddenly doesn’t smell right to me
Fan fallout. What would that include exactly? A few hashtags?
They've survived the Liverpool protest in 2021 and the initial outrage in 2005 which involved effigies of them hanging over the Stretford End.
They don’t give 2 fecks about usIf they think they can realistically stay then they are somehow completely ignorant of the fan backlash that awaits. Especially if we have a poor transfer window.