Could Utd be sold soon?
- Thread starter wolvored
- Start date
Actually might stop following football if the Saudis purchase the club.
Not sure how we can kick homophobia out of the beautiful game when our owners run a regime that punishes those who are gay.
Not sure how we can kick homophobia out of the beautiful game when our owners run a regime that punishes those who are gay.
United and Barca still form part of the old school historic elite. the very fact historic clubs who are richer than most of their domestic rivals exist forces teams to seek alternative means of competing and winning. the argument seems to be - 'let all the small clubs stay where they are, and let us keep winning. its ok, they're 'proper' clubs after all, that's respectable'. which is a stupid argument.
I'm not talking about the Saudi's, I'm talking about foreign investment generally.
'relied on' was probably the wrong phrase - but the fact we could spend more than if not all clubs in England until the oil money came in certainly helped us stay at the top. Fergie and the class of 92 helped of course too.
Let's face it, if we are ever sold it will be to shysters. Manchester United or any other football club are not a target for philanthropists.
I'm not too well informed about world politics but isn't Qatar equally homophobic?
Yeah but the Saudi regime is one of the biggest shysters out there. I'm a Muslim with many relatives living in Saudi and its one of the worst places in the world for women and homosexuals.
I wouldn't be happy with them either.
Playing devil's advocate here, but are Manchester United not the richest club on the planet who pay the highest wages in the PL ? How would being even richer be such a substantial benefit when you can pretty much afford any player anyway ?
At 4Billion, there arent many folks out there who are acceptable -- Bill Gates, Warren Buffet or Jeff Bezos are the only ones I can think of. They dont seem to spend money on sports unlike a Paul Allen.
So IF the Saudis did indeed buy Utd and the team next year was something like as follows:
De Gea,Dalot,Bailly,Alderweireld,Shaw,Verratti,Rakitic,Pogba,Hazard,Bale,Mbappe for example, we would still be up in arms about Saudi ownership....Football and Politics really dont mix!
De Gea,Dalot,Bailly,Alderweireld,Shaw,Verratti,Rakitic,Pogba,Hazard,Bale,Mbappe for example, we would still be up in arms about Saudi ownership....Football and Politics really dont mix!
No you won't.
You'll watch every match with great anticipation as you wait to see how our latest Galactico performs... just like the rest of us.
And if Mbappe, Messi or whoever we buy fail to score a hat-trick, you'll be moaning just like the other people on this forum.
You're quite correct. United already have one of the most expensive squads ever assembled and the second biggest wage bill in the world. Our revenues exceed those of any other club.
It's not a lack of money that's preventing United from competing at the highest level, it's a lack of competence.
There's very little upside to prospective Saudi ownership, just a whole lot of negatives.
Bring in the biggest revenue's don't actually meant there are the richest, we still have budgets to keep to, where PSG or city don't have a budget to a degree as there owners can spend what they like.
Because the Glazers do not let us spend all the profit we make. They're lining their own pockets for years and also spending our money on servicing the debt they bought on the club when buying it with a loan.
I shall defend the Saudi overlords....as long as they provide us with the funds to buy the best (and most expensive) players in the World.
This.
every year we lose 100-150 m pounds to the Glazers (pay the their debt and the profit they take)
imagine having this extra 100-150 m per year
We sure don't need extra money, but we need to get rid of the leeches who are sucking the blood of our club.
More than just the playing side of the business, Old Trafford can do with more than just a lick of paint. We are falling way behind with our stadium facilities. The extra income could be used there.
So much morality here. Is money which is currently in club 100% clean? For example young kids worked for one dollar, 12 hours per day in bad conditions for adidas. Who knows what is happening with our other sponsors? GM sacked lots of workers in last few years while giving to us 50 mil per year. We can raise the stakes here and say that it is not moral to spend 10,20,100 mil for a player while people are starving in the world, in England, in Manchester.
Yes, Saudi regime is bad and it is something which we can't understand but if western democratic countries can accept their money and oil, then why we fans are so bothered with that?
Yes, Saudi regime is bad and it is something which we can't understand but if western democratic countries can accept their money and oil, then why we fans are so bothered with that?
Footballing terms = brilliant
Everything else = pretty fecked up
Everything else = pretty fecked up
Ta da!
And the Saudi Telecom has apparently been our longest sponsors and United are already in SA helping them with some sports stuff. Wait till you hear all the excuses these moralistic people make on why they pick and choose whn their morals kick in?!
You cannot just go around making up numbers to suit your agenda. You have literally plucked those figures out of your imagination.
We pay £24m a year to service the debt.
We paid £18m in dividends to the Glazers last year.
That is £42m on Glazer debt and dividends, from a revenue of £590m. Those are the actual figures.
I never thought I'd see the day that I would be on here defending the utterly detestable Glazer family, but that is what being linked to a Saudi takeover has driven me to.
Maybe we could but we actually didn't, we spent more on certain signings yes (wages not so much). But Arsenal and Liverpool regularly out spent United in transfer windows. And taking the 90's as a whole Newcastle were actually the biggest spenders spending over £100m and won feck all. As you rightly say Ferguson and an excellent academy were the main driving forces behind Uniteds success in the 90's not money.
No idea if your figures are correct. But paying off the debt isn't necessarily a good thing. If United had zero debt we would be paying a lot more in Tax than we currently do, so not all the funds currently going on debt repayments would be available to spend.
I get what you are saying, here. That's on Woodward (he isn't too great on getting transfer business done).
But if the Saudis are serious, then trust me, they will push this deal through fast - with or without Woodward.
My gut feeling though is that the club won't be sold just yet. I'm not sure if the same will hold true in a few years time, though.
The total number of citizens that voted amounts for almost 70%. That's pretty good percentage of turn out, and after elections the winner is government to all people, whether they voted for them or not. And you are missing the point, regardless of the party, the warring policy has been the same for a long time. Wasn't Blair from the labour? Yeah, the guy was a fecking pacifist wasn't he?
That's absolutely true, it's your right, but that also doesn't contradict with what I said. The Saudis have been around for a long time, not much has changed in US and UK's policy towards them as we can see. How many elections have happened through that time? I mean, if the British people were so appalled surely their elected representatives would have done something about that? You could be part of the minority that actually give a heck, but most don't really care.
You are right, they actually did, which I'm shocked, I didn't expect even those 12 lines of text. They were probably aired somewhere between weather and sports. My mistake though, I'm probably in the wrong to put BBC in the same bracket as CNN.
Amortization ....................................................... (138,380)
can you explain amortization from the annual report?
https://ir.manutd.com/~/media/Files/M/Manutd-IR/documents/2018-mu-plc-form-20-f.pdf
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This is not a political discussion about Saudi Arabia. Keep it on topic about the football aspects of this discussion or this thread will be closed.
It was the same under Blair and Labour. I remember reading he got 49%of the vote in one general election but only 40% voted in the country. You are always run by a minority govt.
Glazer PR machine in process?
There is a lot of frustration amongst our fan base at the moment, especially targeted at Woodward and the Glazers.
Not 100% a serious thought I’ve had to be honest, but I wouldn’t rule out them leaking news like this to make themselves seem better.
Better of two evils.
Spot on.
FROM A FOOTBALL PERSPECTIVE, we should all hope this deal goes ahead as Utd will go from being a huge club to an absolute colossus!
As a club this would be great for us and would ensure our place at the top table. That’s all I really care about.
You'll find an explanation here as to what amortization is as it pertains to football clubs (about half way down the page in the "net spend" section):
https://www.theguardian.com/football/the-set-pieces-blog/2016/aug/24/transfer-window-market-myths
What are you on about?
Seems like this is a clear case of much ado about nothing...