Glazer Family Consider Selling? (Source unverified)

The wage bill is looking pretty healthy next season for the Glazers:

We've wiped 900k off our wages already with departures on free transfers. If I'm not mistaken, the first team players are also taking a 25% pay cut due to missing out on top 4. That equates to £53,716,000 less on wages this upcoming season.

Pogba £15m
Cavani £10m
Mata £8m
Matic £6m
Lingard £4m
and
- 25% of remaining salaries £53,716,000

= £96,716,000 less on wages this season versus last season as things stand.

Nearly £100m a year saved. Glazernomics in full swing.
 
MUFC OK said:
The wage bill is looking pretty healthy next season for the Glazers:

We've wiped 900k off our wages already with departures on free transfers. If I'm not mistaken, the first team players are also taking a 25% pay cut due to missing out on top 4. That equates to £53,716,000 less on wages this upcoming season.

Pogba £15m
Cavani £10m
Mata £8m
Matic £6m
Lingard £4m
and
- 25% of remaining salaries £53,716,000

= £96,716,000 less on wages this season versus last season as things stand.

Nearly £100m a year saved. Glazernomics in full swing.
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Would you prefer they keep these players then? Pretty sure if I bothered going through you're comments you've complained (like most all of us) about players being overpaid for under performing too.

FDJ wages will be pretty hefty no doubt, he is on approx 350k per week at Barca, you can expect he'll earn a bit less here but imagine it'll be approx 250K at least. Pretty sure there will be other arrivals also, so transfer fees, wages, sign on fees, agent fees etc etc
 
Keefy18 said:
Would you prefer they keep these players then? Pretty sure if I bothered going through you're comments you've complained (like most all of us) about players being overpaid for under performing too.

FDJ wages will be pretty hefty no doubt, he is on approx 350k per week at Barca, you can expect he'll earn a bit less here but imagine it'll be approx 250K at least. Pretty sure there will be other arrivals also, so transfer fees, wages, sign on fees, agent fees etc etc
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No but players earning that much should be contributing to the team. The point is we wont bring quality replacements (these players were supposed to atteast be valuable squad members).
 
MUFC OK said:
No but players earning that much should be contributing to the team. The point is we wont bring quality replacements (these players were supposed to atteast be valuable squad members).
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Well that sure as hell isn't on the Glazers. It's the managers job to get these players contributing isn't it?

The structure in place at the club you could blame on them sure, their hires.
 
They aren’t selling. They’re clearly in it for the long-haul and there’s not a chance they would sell when we’re at a low point (especially off the back of a big restructure to get us back to the top). If they move us on, it’ll be when we’re at our most valuable.
 
Zen86 said:
They aren’t selling. They’re clearly in it for the long-haul and there’s not a chance they would sell when we’re at a low point (especially off the back of a big restructure to get us back to the top). If they move us on, it’ll be when we’re at our most valuable.
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Yep.

Only other way they'd move on is full scale riot type protests at Old Trafford most weekends, still it'd be unlikely.

All very pointless discussion in reality.
 
Keefy18 said:
Well that sure as hell isn't on the Glazers. It's the managers job to get these players contributing isn't it?

The structure in place at the club you could blame on them sure, their hires.
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Sure it is if they don't buy replacements. They save themselves nearly £100m in wages instead of signing players with that money that could help the team. Obviously Pogba, Cavani, Mata, Matic didnt play well last season but now that money is off the books it should be reinvested.
 
Zen86 said:
They aren’t selling. They’re clearly in it for the long-haul and there’s not a chance they would sell when we’re at a low point (especially off the back of a big restructure to get us back to the top). If they move us on, it’ll be when we’re at our most valuable.
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Do you think that's the genuine aim? If so, why have we failed to recruit best in class to every position bar manager?
 
No news to anyone here, but it's pretty clear that the Glazer business strategy is to be content with CL qualification, nothing more at least from a football-success perspective. The additional cash it would take to go from top four to top of the pack would not be offset by the additional revenue associated with being top of the pack, so from the Glazers' point of view, why bother?

The problem with that strategy -- no surprise to anyone here -- is that other clubs have gained ground on us in the chase for perennial top four qualification. We know about Spurs and Arsenal, but Leicester City and West Ham are breathing down our necks. And Villa and Newcastle have the resources to soon muscle out of even guaranteed top six status. We have the Glazers to thank for this, not because they weren't willing to invest what was documented recently to me in a thread about a month ago to be about 1.2BP in net spend on transfers and a very robust wage bill over the last decade, but because we chased big name players who didn't fit a strategy for football success. In fact, there has been no long-term strategy beginning with Moyes. We hired a panic merchant in Gollum, then a boring-as-feck manager in Van Gaal, then a miserable shitbag in Mourinho, and then a mate in Ole. I hope we got it right this time with ten Hag, but it's going to take more than managerial wizardry by ten Hag to unplug the stoppage on the toilet that has become Manchester United.
 
Coops73 said:
To be fair I know feck all about the bloke, apart from he makes electric cars, is trying to fly to the moon, has bought twitter and is minted.

Why the feck he’d be interested in united is beyond me but what do I know, people clutching at straws by the sounds of things.

Them weird looking septics ain’t selling us anytime soon in my humble opinion.
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He's not bought twitter. At this point he's just pretending to buy it.
 
MUFC OK said:
Do you think that's the genuine aim? If so, why have we failed to recruit best in class to every position bar manager?
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Who is the best in class for every position? We’ve undergone a big restructure and it’s more likely to be for genuine improvement than it is a facade for appeasing the masses.
 
Zen86 said:
Who is the best in class for every position? We’ve undergone a big restructure and it’s more likely to be for genuine improvement than it is a facade for appeasing the masses.
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Best in class DoF, technical directors etc. People with a track record of delivering success in those roles. We’ve mainly promoted from within apart thy O’Boyle guy who was at Liverpool before they were decent.

Why would the bolded part be the case with these owners?
 
MUFC OK said:
Sure it is if they don't buy replacements. They save themselves nearly £100m in wages instead of signing players with that money that could help the team. Obviously Pogba, Cavani, Mata, Matic didnt play well last season but now that money is off the books it should be reinvested.
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Again, you haven't a clue what you're talking about.

You're posting sentiments like they are actually pocketing the 100m, they aren't. They get dividends.... that's it. The dividends are approx 24-26m per annum. Meaning pretty much most of our first team players earn more than the owners of the club per year.

And no it isn't on the board on how a player performs for god sake. Is it Romans fault Lukaku showed his true colors finally and sulked all season? Such ridiculous sentiments.

I've come across some LUHG idiotic sentiments in my time and yours are some of the most ridiculous.
 
Keefy18 said:
Again, you haven't a clue what you're talking about.

You're posting sentiments like they are actually pocketing the 100m, they aren't. They get dividends.... that's it. The dividends are approx 24-26m per annum. Meaning pretty much most of our first team players earn more than the owners of the club per year.

And no it isn't on the board on how a player performs for god sake. Is it Romans fault Lukaku showed his true colors finally and sulked all season? Such ridiculous sentiments.

I've come across some LUHG idiotic sentiments in my time and yours are some of the most ridiculous.
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I didn’t mean they are literally taking 100m out now you Neanderthal.

You must be pretty idiotic yourself if you think it’s acceptable to wipe 900k off the wage budget and

No worries though, I assume you’re still choosing to believe that this is a new dawn.
 
Keefy18 said:
Again, you haven't a clue what you're talking about.

You're posting sentiments like they are actually pocketing the 100m, they aren't. They get dividends.... that's it. The dividends are approx 24-26m per annum. Meaning pretty much most of our first team players earn more than the owners of the club per year.

And no it isn't on the board on how a player performs for god sake. Is it Romans fault Lukaku showed his true colors finally and sulked all season? Such ridiculous sentiments.

I've come across some LUHG idiotic sentiments in my time and yours are some of the most ridiculous.
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Post your qualifications or stop spouting nonsense.

I didn't see him talk about them 'really' pocketing the money, it's all about saving the money to pay off a debt they used to buy our club. No other PL club does what they do, NONE (at least that's still in the league). If you look at Liverpool, they're basically reinvesting their profits from success in growing the value of the asset, as they will eventually sell up and make bank like that.

The Glazers are running us like a typical private equity company. Asset stripping or rather lack of investment until the asset is worth a lot less. Then they'll sell the club when it has no decent stadium in need of renovation and is still saddled with debt.

If they actually took a loan to invest in our future as a busines or even buy better players, so we could earn more CL revenue, it would be OK. But they're not and your arguments make 0 sense. I swear, some on here talk like they're the wolf of fecking wolf street or a Glazer stooge. Not sure which is worse.
 
Rightnr said:
Post your qualifications or stop spouting nonsense.
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I do work in Finance but... The club do it for us all in their quarterly, bi-annual and annual financials with are there for all the public to review.

Rightnr said:
I didn't see him talk about them 'really' pocketing the money, it's all about saving the money to pay off a debt they used to buy our club. No other PL club does what they do, NONE (at least that's still in the league). If you look at Liverpool, they're basically reinvesting their profits from success in growing the value of the asset, as they will eventually sell up and make bank like that.
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A debt that hasn't been paid off, righteo.

I'm not saying I agree with it, but there's layers being added to extend the truth of the matter. I'd gladly be rid of them if and this is the key thing, IF there was a realistic alternative.
 
MUFC OK said:
Best in class DoF, technical directors etc. People with a track record of delivering success in those roles. We’ve mainly promoted from within apart thy O’Boyle guy who was at Liverpool before they were decent.

Why would the bolded part be the case with these owners?
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Because more success = more money.

As for best in class DoF etc, it’s not that simple. Who exactly are those best in class DoF, those world renowned superstars with proven track records everywhere they’ve been? Assuming there are some, who’s to say that they would actually want to join? It’s also worth noting that we’re not City or PSG with a bottomless pit of cash where we can just cherry pick from all the other top clubs.
 
MUFC OK said:
The wage bill is looking pretty healthy next season for the Glazers:

We've wiped 900k off our wages already with departures on free transfers. If I'm not mistaken, the first team players are also taking a 25% pay cut due to missing out on top 4. That equates to £53,716,000 less on wages this upcoming season.

Pogba £15m
Cavani £10m
Mata £8m
Matic £6m
Lingard £4m
and
- 25% of remaining salaries £53,716,000

= £96,716,000 less on wages this season versus last season as things stand.

Nearly £100m a year saved. Glazernomics in full swing.
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There might be another three of four departures also. Am I the only one that thinks this 100m pa saving is good news?

I think it sets up ETH nicely and should allow for a at least four signings this summer. Obviously need to hurry the feck on in that regard.
 
Elcabron said:
There might be another three of four departures also. Am I the only one that thinks this 100m pa saving is good news?

I think it sets up ETH nicely and should allow for a at least four signings this summer. Obviously need to hurry the feck on in that regard.
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Where are those signings then
 
MUFC OK said:
I didn’t mean they are literally taking 100m out now you Neanderthal.
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Well that's how it was worded, there was a strong implication that's what the Glazers get.

MUFC OK said:
You must be pretty idiotic yourself if you think it’s acceptable to wipe 900k off the wage budget and

No worries though, I assume you’re still choosing to believe that this is a new dawn.
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What's idiotic about having a sustainable wage bill?

Would you like us to go the way of Barca and 1.3b in debt and the cusp of administration?

Funny thing is I absolutely don't think its a new dawn at all, I've left plenty of sentiments to this effect in recent weeks, months.

I genuinely fear for ETH already, I think he'll be sacked probably after 2 years.
 
clarkydaz said:
Most interesting thing he said there was that major sponsors now want a change in ownership
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As in the ones who already sponsor the clubs or the ones who are in bed with potential new owners so they can get their foot in the door first?
 
It could happen if fans actually got together regular and consistent, but for everyone who doesn't buy a ticket, theirs two that would.

Speaking of the Glazers though. After them protests, and they promised to sit around the table and get the fans involved. Did that ever happen?
 
Igor Drefljak said:
It could happen if fans actually got together regular and consistent, but for everyone who doesn't buy a ticket, theirs two that would.

Speaking of the Glazers though. After them protests, and they promised to sit around the table and get the fans involved. Did that ever happen?
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That depends on what you wanted that to mean.
 
Giggsyking said:
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Wait isn't this the red knights clown? How is that coming along? Still prepping the bid after 13 years? Have they got to the seducing the Glazers part yet?

"Not cheeky bid but a realistic bid" yeah they're going to low ball them. They're nothing but businessmen trying to get united on the cheap.
 
Igor Drefljak said:
It could happen if fans actually got together regular and consistent, but for everyone who doesn't buy a ticket, theirs two that would.

Speaking of the Glazers though. After them protests, and they promised to sit around the table and get the fans involved. Did that ever happen?
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yes it did, multiple times.
 
I’m presuming, whomever buys us, will assume our debt? I’m not condoning Glazers but how do we know we’ll get someone who’ll know how to run this club? Glazers, at least, in a pure business sense, seem competent.
 
Igor Drefljak said:
I more meant, has anything productive come of it
I can't remember what the group wanted, wasn't it some voting rights, or something
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There was the introduction of the fan share scheme / board where fans were/are brought in on key decisions such as the old trafford revamp
 
Easiest way of getting rid Glazers...

Fans to protest so much they stop games. Like they did against Liverpool. But of course, fans will be arrested and life time bans. So easier said than done.

Or, fans get together, put their money where there mouth is and put in an offer the Glazers couldn't refuse (God Father esque).
 
Igor Drefljak said:
I more meant, has anything productive come of it
I can't remember what the group wanted, wasn't it some voting rights, or something
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There's a legal issue regarding fans buying part of the club but otherwise they've implemented a few things from it. Too lazy to look it up but it's out there.
 
As a trader/investor, it would be the worst time for Glazers to sell as the Utd stock price is the lowest it’s ever been since it floated.

Its lower than the IPO price of $14 I believe. Price is currently sat at $11.14.

So it’s certainly not the climate Glazers would want to sell in. The biggest problem we’ll have is not getting Glazers to sell, but finding a buyer with the wealth required in order to purchase us. It would require Elon Musk type of wealth to buy us for £4bn+

On top of that, us fans want owners who actually want the club to succeed on a footballing level and not just see it is as a profit making machine. Multi billionaire Man Utd fans are few and rare.
 
Major sponsors don’t give a shit who the owners are.

The same companies that will happily work with regimes accused of serious human rights abuses have suddenly become exercised because it’s been a few years since we won a trophy?

It’s not even vaguely convincing bollocks.

“Trust me some really important people agree with me and that’s why you should too”
 
Chief123 said:
As a trader/investor, it would be the worst time for Glazers to sell as the Utd stock price is the lowest it’s ever been since it floated.

Its lower than the IPO price of $14 I believe. Price is currently sat at $11.14.

So it’s certainly not the climate Glazers would want to sell in. The biggest problem we’ll have is not getting Glazers to sell, but finding a buyer with the wealth required in order to purchase us. It would require Elon Musk type of wealth to buy us for £4bn+

On top of that, us fans want owners who actually want the club to succeed on a footballing level and not just see it is as a profit making machine. Multi billionaire Man Utd fans are few and rare.
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Not really. I'm sure we can find a ton of investors willing to take the leveraged buy-out route, bringing in most of that 4b in debt owed by the club rather than equity. Oh wait...
 
Paxi said:
I’m presuming, whomever buys us, will assume our debt? I’m not condoning Glazers but how do we know we’ll get someone who’ll know how to run this club? Glazers, at least, in a pure business sense, seem competent.
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Whoever
 
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