Just a guesstimate from my side based on the Chelsea sale. A lot will depend on individual TV/streaming rights in the future. 4.5 is too cheap.
Glazer Family Consider Selling? (Source unverified)
- Thread starter BenitoSTARR
- Start date
Thats the Glazers finally selling up
Football clubs don't generate much profit, relatively speaking. The costs involved are huge.
The Glazers' endgame has always been - or so most think - to sell the club. It's just a question of when.
They won’t sell it at a low price. Wait until we pick up then sell it would be my guess
This seems likely. One thing that will be of note to them is the weakness of the pound and the British economy. That might lead them to think that the value of the club will be dragged down in dollar value. Secondly the investment required to actually win anything is still much greater than they are prepared to make and this will eventually become obvious unless Ten Hag outperforms to Klopp levels. In financial terms the next ten years should logically be dominated by City and Newcastle oil money, with the American owned clubs fighting it out for third and fourth on the basis of who is the best run (spoilers: it's not us).
That said I don't see those issues quite coming to a head yet. There's more blood to be sucked from the carcass still.
i don’t think most agree on that at all to be honest. There’s certainly an element of the fan base who have convinced themselves for years that every significant or insignificant change or development off the field must be a precursor to them selling but nothing beyond that.
Having an asset worth billions is more valuable to a businessman than selling up. They’re not like us. They’re rich already. They’re not going to sell up and spend the next 20 years looking at their yacht. They’re business people and businesses people seldom sell asset they own worth billions. They’re not lottery winners obviously going to give up working at the factory and go on a cruise.
Quite apart from the fact they know close to nobody can afford us. Having an asset nobody can afford with a plan of selling up is a fecking stupid plan if it ever was one to begin with.
Last edited:
Probably send shivers down the spine of many United fans with this post.
But my guess is that they'll see us as that generational asset, they purchased us without the banks money and getting the club to pay it back for them, and we're giving them £20m a year for the hassle - their kids kids will be making money out of this club.
On a side note, still can't stop feeling sick that they were somehow allowed to "buy" the club the way they did and have essentially neutered us.
When the big guns report it then would make me sit up and take notice, however think we are some years off that happening
Yeah, who knows.
As others have said, the value of United isn't constant. Another decade of underwhelming football/results won't be without consequences.
There are multiple Glazer siblings. Some may favour selling their shares more than others.
Not happening but it'd be funny if the supposed great businessmen were also proven to follow the principle of buy high, sell low.
Surely the logical time to sell is after a decent season?
Probably bullshit but I'm not sure on this Ratcliffe guy either, the silver lining is obviously him being an United fan, but he sure seems stingy if I'm being honest.
Could be a disaster in disguise.
Could be a disaster in disguise.
Wouldn't be surprised. The club will require a lot of investment in the recent future on players and the stadium, all without any guarantees of returning to the top. There's a high risk of recession and it's not really a good time to put a lot of money into the club. So it'd make a lot of sense for them to cash in now.
He just lost about $4BN from TESLA stock price collapse..and i think there is a lot more pain to come. ALL stocks are way over priced. So a 70% correction can happen
I doubt in the current state of world affairs anyt big deals will be done anytime soon.
Glazers could lose about $2bn+ in the next few months. Serves them right Should have sold 2 year ago
Again it alright the Glazers saying "we want out" BUT they need a buyer. As a busienss and in the current state of affairs they will struggle. We could end up another US Hedge Fund B*S type owner.
when will that be? Good chance we wont make top 4 next season either
Why would that mean they're thinking about selling? Whatever paltry amount they put in at the start has been recouped and then some. If they sell at any point they'll get billions of free money.
They'll never sell their cash cow. Especially while the super League is still a possibility. It might sound mental but £4billion is nothing compared to what the club would be worth if that happens. And that's the price that's been quoted, who on earth can pay that?
Yes but he claimed to be abducted by aliens or somethingMichael KnightonI remember him doing kick ups on the pitch back in the 90’s after it was announced he’d bought the club then turned out he had no cash. Did he buy Carlisle in the end..?
If only but we know it is false, we are stuck with owners that are so out of touch of the fast changing modern world/football, look at how long it took them to catch up with capitalising on social media compared to other top European sides and then throw in the football aspect where we have been 2 steps behind these same clubs for the past 5 -10 years.
Exactly. Everyone misses the point with the dividends they take out. That isn’t why they still own the club. They will sell the club when they feel its value has peaked or when they’re offered a hugely inflated fee. The fact Chelsea has just gone for what it’s gone for with lots of competition tells me investors out there seem to think football is nowhere near peaking so unless they’re offered 6bn plus it isn’t happening.
The Glazers are so shit and slowly reactive that hopefully this is all about an offer made 4 years ago and they are now getting around to it.
You can really tell who has followed this club longer than 5 minutes with the name " Michael Knighton" being taken as credible.
Think I'll hold until @Vidyoyo gets @horsechoker's confirmation upon receiving ultimate confirmation from @choccy77
The club may be worth that much but wasn't their investment in it puny considering a lot of is the club's own debt?
Jim Ratcliffe, he just had a 4.25b bid rejected for Chelsea. That is my hope to finally rid us of the Glazers.
Non-story. Why wouldn't they sell for the right price?
They might but businessmen don’t usually go around selling their assets. I think people view this as what they would do themselves, which presumably say “feck me if I sell this I’m minted” and bugger off to a beach until they died.
Ownership of sports teams is the established core of their business for almost 30 years. If they wanted to cash in and make more money than they invested and more money than they could spend then they’ve had ample opportunities to do that. There’s never been a shred of evidence they’ve ever been interested in cashing in even when the club was affordedable to more than about 6 people
I saw this thread title and my heart skipped a beat, then I saw the tweet from the highly reputable and well know “The transfer exchange” and thought feck it I better get that dogshit out of the garden.
Chelsea sale was 2.5b wasn’t it? The added figures are on pledged investment.
The small amount they put in of their own money has been recouped and then some by their yearly dividends. They're in for free at this stage and it's all profit now.
It's the hope that kills you
Please god, make it so
Please god, make it so
This would be the key. They are going to see the sale price of Chelsea, they MAKE money primarily from their teams now unlike a lot of these owner groups, and they have to wonder if they have serious concern they are destroying a brand they want to make money from. If there are people whispering numbers like 6,7,8 billion or more in their ear … I could definitely see them at least putting out feelers.
- Joined
- Sep 1, 2015
- Messages
- 18,328
- Supports
️
Don’t say that they’ll never sell!
Absolute bullshit. Regardless of the stock price, they still get their dividend as they are the shareholders of the class A shares. The stock price could go to 0 and they'd still get £20m a season, there's no incentive for them to sell at all.
The stock also hit this price during the pandemic and recovered fine. It's not a stock you would ever want to buy or trade anyway, it doesn't do anything except go sideways.
The stock also hit this price during the pandemic and recovered fine. It's not a stock you would ever want to buy or trade anyway, it doesn't do anything except go sideways.
Dodgy source aside, Surely they are always considering selling. That's what owning shares in something entails. You need a buyer with a decent offer too though.
How on earth is £20m a year better than £4.5bn in one go without the hustle of running a football club where investment is demanded each time the team has a bad result?
No. Now would absolutely be the time to look into it if you were considering. A lot of groups want in on major club ownership. You had tons of groups that just at least went into the process of putting finance plans together, etc.
Add in to that the fact that the Chelsea number is floating around in everyone’s mind.
With that backdrop consider this: Forbes had the entire fortune if the glazer family at 4.7 billion in 2015; MOST of that coming from valuations of sporting assets. They don’t have a fortune outside of their teams per se.
Then consider the fiasco of the Super league stuff, having to keep a Goliath of an organization the caliber of United afloat during all the Covid stuff, the general uncertainty and in Europe, and the fact that they truly believed fans would eventually come around and embrace them.
Everything and every step at United has been tough for the Glazers, they have been a disaster, and a really shiny golden parachute could be dangling in front of them. It has to be tempting.
Last edited:
Has anyone alerted MUST and the "Red Knights"?
I'm sure Duncan D***o would love to be in on it, you know purely for the benefit of United of course.
I'm sure Duncan D***o would love to be in on it, you know purely for the benefit of United of course.
Because they bought it 2005 for £790m, it's worth roughly £4.5b now, which they'd get significantly less during a sale, and if they hold for another 10 years it could be worth over £6b while recouping £20m a season between now and then. Football as a sport hasn't finished growing in a commercial sense.
The reality of the situation we should also be aware of is that anyone with any business sense will not spend billions on a football club that doesn't pay out a big dividend or returns the initial outlay and then some over the next 10 years. In summary, United are unsellable at the current valuation due to lack of interest anyway.
You don’t lose anything when a valuation of a share drops, unless it goes below what you paid for it. You don’t lose or gain anything until you sell, as you never actually have the cash until then. Not sure what you mean by all stocks are overvalued? That’s a complete falsehood.
I very much doubt the Glazers will sell right now, they’ll wait until conditions are right, as they’ve nothing to lose, club pays their loan and they get dividends