It depends, if they sell their shares they get the money. Or they could issue new shares that go to the club.This unfortunately
Glazers looking to sell off a minority share & bring in a new Investor
- Thread starter UnitedSofa
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We won't want to spend because they want to sell, its not typically our issue because they had no intention to sell previously
They're never going to get us to be worth more, only less. Logically it's the perfect time to sell.
If I'm correct this is how they bought the club themselves, gradually buying more and more shares until one day buying the club out. I think its probably the beginning of the end of the Glazers ownership at the club, however they'll probably leave the club in a mess and try to keep cash reserves as high as possible in the next couple of years to bump up the price. United are in for a very difficult period on the pitch, but it is for the best in order for these folk to leave.
They can't pocket the money if the terms of the sale state that most of the money coming in has to be reinvested. Absolutely no investor is going to give them a billion and say thank you very much for letting me be part of this shit show.
I think its about 69 %
I hope it's a "come and get me" ploy and they'll sell up. It could be argued they've plundered United as much as possible, the goose is starting to hiss, economic headwinds look huge and it's time to offload.
Why would any investor give Glazers their money in order for some investment that may or may never come? Out of the goodness of their own heart? What's in it for them? They'll have zero control over the club or the creative decisions.
I am not so sure. 7M for a backup keeper, Pulisic on loan and lots of briefs to the media of how we were in for every midfielder in the world but somehow every deal fell though because it was too hot or too cold but never just right.
This seems like a cover story? Or at the least a minority that will then take total control. Something is definitely going on.
That's what I'm saying, they wouldn't do that. If you owned the club and you were open to selling me a stake for $1b, I'd insist that the money be invested in the project and not that you could pocket it otherwise I'd walk away from the deal, any investor coming in would do the same. They would be buying in on the premise things will improve and their investment would go up, not that the Glazers would be able to go and buy a new yacht.
I don't think anyone takes the deal unless there's an agreement in place they will be able to buy more of the club over the next 3 to 5 years.
Can't help but feel a tinge of excitement at that. But going to choose to remain skeptical until it all plays, or not.
say if the fans stop going to matches, sponsors distancing from us and the team doesn't get make it to Europe. Basically club not able to pay interest as there revenue has drop. What happens then? Does the bank take over the club or go after the owners for repayment??
Fail to see how this is a PR move, the vultures are circling and they are giving fans belief cracks are showing. They cant improve us, everyone can see it
They will point to all the success under Fergie and breaking new record income figures etc.
As for fans, they will always be sh*t!
Yeah, the bank would own the club. And typically, would sell the club (property) for the amount that they are owed.
I think you could build a very convincing case that Man United is one of the few gold standard investments in worldwide sports.
Not really, no. Certainly not in relation to this and general running of the club etc.
Also, being in that world doesn't mean a lot. I wouldn't trust 75% of people in financial services to know what they are doing. I have extensive experience to suggest most don't.
I wouldn't believe anything coming out of the Glazer camp. What business person would invest money so that the Glazers can keep sucking money out of the club. I'm sure no reputable person would consider doing business with those bloodsuckers
They sell something they never really bought
Nah I'll speak for the majority and a majority are clueless muppets.
The most stupid person in the room usually thinks they are the smartest. This thread and site is full of them.
By god it’s depressing being a United supporter these days.
I posted this earlier in another thread but I'll post it here for those that missed it. Here's why I believe there's legs to this story.
I actively trade the stock market on a daily basis, about 2 days ago there was some insane and sustained volume on options on the Man Utd stock. Specifically call options (you buy contracts worth 100 shares each and you state a price you think the stock is going to and by which date, high risk, high reward, they expire worthless if it doesn't happen).
To put in perspective how much this is abnormal for the Man Utd stock, trading volume was up 3500% on the stock from your average day.
The call options are for the price to hit $14 within the next 31 days. There has been a large amount of money placed on this happening.
Fast forward two days later and Musk makes a joke about *buying Manchester United and Bloomberg (responsible for all serious market news and data) publish a story about Glazers looking to sell a stake.
There's one of two things at play here, Musk has taken part in some clear market manipulation (which he's been found guilty for a few times) and this is a planned joke on the market in general. When something like this happens it attracts day traders to jump in which creates more volume, it happens to a lot of random stocks, see GME, AMC and BBBY for examples.
OR
A stake in Manchester United is being offered around the wealthy in America and someone with that kind of inside information is having a punt the stock going up.
In my opinion is the latter of the two.
I actively trade the stock market on a daily basis, about 2 days ago there was some insane and sustained volume on options on the Man Utd stock. Specifically call options (you buy contracts worth 100 shares each and you state a price you think the stock is going to and by which date, high risk, high reward, they expire worthless if it doesn't happen).
To put in perspective how much this is abnormal for the Man Utd stock, trading volume was up 3500% on the stock from your average day.
The call options are for the price to hit $14 within the next 31 days. There has been a large amount of money placed on this happening.
Fast forward two days later and Musk makes a joke about *buying Manchester United and Bloomberg (responsible for all serious market news and data) publish a story about Glazers looking to sell a stake.
There's one of two things at play here, Musk has taken part in some clear market manipulation (which he's been found guilty for a few times) and this is a planned joke on the market in general. When something like this happens it attracts day traders to jump in which creates more volume, it happens to a lot of random stocks, see GME, AMC and BBBY for examples.
OR
A stake in Manchester United is being offered around the wealthy in America and someone with that kind of inside information is having a punt the stock going up.
In my opinion is the latter of the two.
I'm not blaming anyone for being hopeful at all, that isn't what I said.
thanks! there is no upside to investing their own money in this competitive league or downside to just running the club to the ground. they will continue to take dividends to a point where they can't then either someone take it off their hands for a profit or if not the banks take it back and they just walk away.
Sell the lot you scumbags!
Phil brown live now
Wow.
Minority feck that
It's called dedication through the good and the bad. We can handle it.
It's a start. No one buys a minority stake without guarantee's the will one day be the majority owner, otherwise there's no point in buying in
When the roof leaks we get a report that the Glazers are looking at stadium upgrades. When we don't strengthen the team we get a report about lots of upcoming signings. When the fans protest we hear about strengthening ties with MUST. When the Glazers get told to feck off we get this shit. And twelve months later feck all changes.
But the minority bidder could be my fecking cat and I'd still be happy.
But the minority bidder could be my fecking cat and I'd still be happy.
not according to Phil Brown.
I posted this earlier in another thread but I'll post it here for those that missed it. Here's why I believe there's legs to this story.
I actively trade the stock market on a daily basis, about 2 days ago there was some insane and sustained volume on options on the Man Utd stock. Specifically call options (you buy contracts worth 100 shares each and you state a price you think the stock is going to and by which date, high risk, high reward, they expire worthless if it doesn't happen).
To put in perspective how much this is abnormal for the Man Utd stock, trading volume was up 3500% on the stock from your average day.
The call options are for the price to hit $14 within the next 31 days. There has been a large amount of money placed on this happening.
Fast forward two days later and Musk makes a joke about *buying Manchester United and Bloomberg (responsible for all serious market news and data) publish a story about Glazers looking to sell a stake.
There's one of two things at play here, Musk has taken part in some clear market manipulation (which he's been found guilty for a few times) and this is a planned joke on the market in general. When something like this happens it attracts day traders to jump in which creates more volume, it happens to a lot of random stocks, see GME, AMC and BBBY for examples.
OR
A stake in Manchester United is being offered around the wealthy in America and someone with that kind of inside information is having a punt the stock going up.
In my opinion is the latter of the two.
Christ, dare we even dream? There seems to be a lot of smoke about the place currently at the very least.
I think we as a fanbase need to hit the protesting hard as we can, make it more and more uncomfortable for the Glazers' to cling on (Sponsor unrest, bad PR etc).
I think we as a fanbase need to hit the protesting hard as we can, make it more and more uncomfortable for the Glazers' to cling on (Sponsor unrest, bad PR etc).
Is this Phil Brown worth listening to? Thanks
Quietly hoping we don’t get trounced by our greatest rivals when we know its most likely to happen….
Yep, exactly what I expected based on the stock movements in the last couple of days. If you ever want to know when something is going to happen, watch the stock. People don't usually put millions down on the off chance something happens.
I think a sale happens in the next 31 days, my hunch.
First time I'm listening what he says is making sense to a degree. Taking him at face value he is not able to say much with regards to details. in part of the chat he expects the club to be sold in the next couple of months.