How about a Scholes / Owen dynamic-duo?
Sir Jim Ratcliffe: I want to buy Manchester United | Will make a bid for the club [Telegraph]
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95% of football clubs are bad to average investments if you're chasing after investment returns/profits.
If you're looking too boost your image or gain popularity however, it can be very effective.
From financial perspective I'm sure Sir Jim can easily put his money in promising startups/businesses in order to gain more money. So if he's to purchase the club there should be something beyond money. Maybe he is secretly a Ronaldo fan and wants to keep and build a new swimming pool for him?
If you're looking too boost your image or gain popularity however, it can be very effective.
From financial perspective I'm sure Sir Jim can easily put his money in promising startups/businesses in order to gain more money. So if he's to purchase the club there should be something beyond money. Maybe he is secretly a Ronaldo fan and wants to keep and build a new swimming pool for him?
I see it as he's not coming in to make a spaff load of money, but more as a sporting/vanity project. There are far better investments he could make that don't involve a football club.
Think of it more as the Bill and Melinda Gates Foundation, except he's not fighting poverty or disease, but those scouse pricks.
Seconded, the clicks would be infinite, let Roy Keane manage the club's Instagram.
I hope by good journos you don't mean Brexit FC of Stone, Mitten and Whitwell who are all peddling club propaganda to keep access.
We don’t really need him to put money in that’s the thing.. to not be strickened by the interest payments on the debt and the dividends we pay year on year would be massive in itself.
But he would be the fourth richest in the league behind City, Chelsea and obviously Newcastle.. and an apparent childhood fan of United so I could imagine him investing into the club yeah.
Which makes me think/hope the Glazers are looking for a full sale rather than a minority stake, I know feck all about twitter and Musk but why would he say he’s bought it and IF he has been approached why would he of all people only want a minority stake?
What a time to be alive. Make it happen Jim.
"Couldnt take the strain"
Have we been bought yet ?
Have we been bought yet ?
Are you asking why business people try to make money?
I can’t imagine he doesn’t want to make money, unless that part comes when he looks to sell in the future.
Would keep everyone on their toes.
Monday feels like it could be a huge day.
The fact that a potential buyer with real funds has declared an interest is huge.
The Glazers are rocked at the moment.
With the talk of selling off part of the club, with Elon Musks tweet, and the disgruntled fan base, it’s all positive news for us fans.
But now we need to do our bit. We need to stick the knife deeper into them.
Fans already bombed Apollo last night and I can see it continuing.
All the different UTD groups, with protestors really need to gather and make a March on the stadium on Monday.
UTD v Liverpool is still one of the biggest games in world football and getting that cancelled at this moment in time could be a defining moment for our club
The fact that a potential buyer with real funds has declared an interest is huge.
The Glazers are rocked at the moment.
With the talk of selling off part of the club, with Elon Musks tweet, and the disgruntled fan base, it’s all positive news for us fans.
But now we need to do our bit. We need to stick the knife deeper into them.
Fans already bombed Apollo last night and I can see it continuing.
All the different UTD groups, with protestors really need to gather and make a March on the stadium on Monday.
UTD v Liverpool is still one of the biggest games in world football and getting that cancelled at this moment in time could be a defining moment for our club
The club itself is rich enough to spend like a rich club without an owner injecting anything whatsoever. Ultimately as long as the debt is gone, particularly with the rising interest rates, and money isn't being taken out of the club then the club generates enough to spent fortunes anyway.
Suggests make us a ridiculous offer we can't refuse. Depends just how much scumbag the glazers can be screwing our future, they know the investment route will be unpopular
Yeah it's odd how a number of the more local journalists have the best access to people at the club isn't it? Can't imagine how or why that might be.
Mitten is and has been very critical of the club, Whitwell has written some pretty damning articles as well.
1) Sell shares to private equity firm.
2) Pocket all the money.
3) Sit on golden throne and watch United crumble into administration.
4) Sell off all land that the club owns.
Or
1) Sell to Ratcliffe.
2) Pocket all the money.
3) Don't be complete and total bastards.
2) Pocket all the money.
3) Sit on golden throne and watch United crumble into administration.
4) Sell off all land that the club owns.
Or
1) Sell to Ratcliffe.
2) Pocket all the money.
3) Don't be complete and total bastards.
Surely if the ambition is a new (overhaul) stadium and training complex, it would still require a significant outside injection of cash or player purchase power would be affected, right?
ApollOld Trafford it is then
Yeah there would have to be other investors
Right but you're basically agreeing with my point though...they have made £244m from 'running the club', over 17 years which is certainly not to be sniffed at but it's all relative....their multi-billionaires and this is a multi-billion dollar asset. They could have made £244m from sticking £80/90m in a bog-standard index fund in 2005. It's small potatoes in that context - bear in-mind those numbers are split between the various family members.
The majority of the money they have made so far has come from selling shares...which was exactly my point....i.e. selling the club is (and has always been) the most profitable outcome for them unless a major new revenue stream (i.e. the ESL) can be discovered and realised
Preach it. Selling is the way they make money with the asset, unless something like the ESL happens
He’s right, though. Glazers Out.
It's the equivalent of putting it in the press that some other club is in for our transfer targets, just at a bigger level. After the reaction to the news, these Apollo guys are probably already having second thoughts.
Not the thread for it but we don't need a rocket scientist but a person with knowledge and ability to get things done in the football world.
As to the opinion of those 'respected' journalists, it's not worth a dime because of course they'll say that about the hand that feeds them.
A horse kicked him.
For the people fearing some form of asset stripping. I know very little about these things, but how would this make sense? Isn't this usually done with failing companies and assets? Stripping a football club would only lead to an overproportional loss of value, wouldn't it?
You're being a bit vague here - what do you mean by "get things done"? And what in regards to Fletcher's remit do you think he's not qualified or underperforming in?
One example of such a journalist is Henry Winter, who wasn't briefed by Fletcher or anything. Just gave an anecdote about how he spent time talking to Fletcher after bumping into him after a match during lockdown, so they spoke at some more length about facets of the game and broader club operations. This was prior to Fletcher's role being announced and Winter never knew of it. Winter said Fletcher came across very glued on and knew what he was talking about.
Its just a nugget, a small example of how maybe Fletcher shouldn't be beaten with a stick. Its not substantial, but it is substantially more than what others go by when just writing him off.
This Monday is the most important day in the history of the club. We have to all be out in force. Either we make it happen or it doesn't happen.
This. God I hope the fans will make it very clear what they think of the Apollo plans and how much they want the club to be sold to Ratcliffe.
- They bought the club when the "asset" was worth £790 million. Through no action of their own football club values have multiplied.
- Since 2016 they’ve taken out £166 million in dividend payments.
- In the last 10 years, no other Premier league owners have taken more funds from their club than the Glazers.
- Plus the club had paid the Glazer interest payments of £743 million since the takeover.
I think they are doing alright. I hope you are right though, and they sell.
Pretty sure the government won’t allow this after the conditions for Chelsea’s sale.
£166m over 6 years for that kind of asset is absolutely nothing. They'd be way better off selling and reinvesting
Personally he is ahead of that Chelsea owner and Ineos are ahead of their investment group aren't they? He'd be behind 2 oil state clubs and that's it.
Manchester United PLC is registered in the Cayman Islands though so I'm not sure what authority our government even has in that situation.
The family is collectively worth a few B so 166m to them is pocket change, it's like a really poor rate savers account.
You know which one these morons will do. Our death warrant was signed the day they took over.
I remember buying 1 share through must at the time in support of the movement against them. feck all that did.
If you can fight a war over the Falklands, you can surely ride to battle for Manchester United
ApollOld Trafford it is then
New Disney Triffid
If you intend to pay for it up front, yeah, and obviously there is the possibility that a seriously wealthy owner would put those funds up by way of interest free loan as we've seen at other clubs which would be great. Equally, if you're mortgaging the cost then it's different but shouldn't impact the club significantly, because at the moment the club is already losing circa £40-42m a year in dividends and interest payments, so you could theoretically replace those payments with mortgage type payments but actually have something to show for it (for context IIRC Spurs repayments were scheduled to be around £35-37m after building their stadium).