TeamViewer looking to review current deal | Snapdragon/Qualcomm the new sponsor

red thru&thru said:
Not necessarily, no. Theoretically, you can't sponsor your own club.

But a lot of common sense would say new owners will take the opportunity to be creative in who is going to be the next shirt sponsors.
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Can someone explain the legal position to me.

Let's say Bill Gates wants to buy MU. Let's say MS is going to sponsor 80m for the shirt, and another 40m to rename Excel Stadium.

Is Microsoft not rich enough to sponsor 120m+ a season? It only becomes an issue, if MS can't afford 120m, but willing to pay 50m instead, while Bill subsidises the rest, as in the "case" of City.
 
Maybe a nice negotiating tool for a new buyer having their company on the shirt
 
crossy1686 said:
It’s a buy back, so they paid us for so many years, we’re going to pay them back ‘some’ money in order to end it early and get someone else in for more money. Whatever we pay them will be less than what they paid us and it’s probably in the small print as an option.
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It was a 235M deal for 5 years. I doubt they had paid everything upfront. They don't have that kind of money.
And if they were paying 47M a year, then why do we need to pay them back anything at all.
 
cyril C said:
Can someone explain the legal position to me.

Let's say Bill Gates wants to buy MU. Let's say MS is going to sponsor 80m for the shirt, and another 40m to rename Excel Stadium.

Is Microsoft not rich enough to sponsor 120m+ a season? It only becomes an issue, if MS can't afford 120m, but willing to pay 50m instead, while Bill subsidises the rest, as in the "case" of City.
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If Bill Gates still has connections to MS, then no, they couldn't sponsor the club.

No sponsors are allowed to be connected to the club owners.
 
SouthMancRed said:
I'd be surprised if they forked out the whole sum in a single payment right at the start. Surely they'd agree x no of years at £ym per year and then pay annually. I doubt a sponsor change would come mid season, although it has happened elsewhere, so it would be interesting to know exactly what the buy back actually is.
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It happened to us with Vodafone
 
red thru&thru said:
If Bill Gates still has connections to MS, then no, they couldn't sponsor the club.

No sponsors are allowed to be connected to the club owners.
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No offence, just to get the bottom of this argument.

First of all your statement doesn't make sense, because this is clearly not the case of City.

Secondly, what if the potential owner is Warren Buffet who's company own hundreds of companies. If Coca Cola for example, decides to sponsor MU, can they not afford to, or not allow to? If, for argument sake, one of his smaller company called Teamview, decide to sponsor MU, then yes you can argue where the money is coming from.
 
Old Manchester United would've already had the next sponsor lined up with companies climbing over each other to get onto the shirt.

TeamViewer was out of nowhere so it will be interesting to see who ends up doing the deal
 
I'm a little confused by the wording of this news. We're buying out TeamViewer to regain the rights? Wouldn't it be more correct to say that they're buying us out from the remainder of the contract?
 
cyril C said:
No offence, just to get the bottom of this argument.

First of all your statement doesn't make sense, because this is clearly not the case of City.

Secondly, what if the potential owner is Warren Buffet who's company own hundreds of companies. If Coca Cola for example, decides to sponsor MU, can they not afford to, or not allow to? If, for argument sake, one of his smaller company called Teamview, decide to sponsor MU, then yes you can argue where the money is coming from.
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The 2011 £400m sponsorship deal City signed with Etihad, an airline which had never turned a profit in 7 years of operation and which is owned by the Abu Dhabi government (headed by City owner Sheikh Mansour's half-brother), was not considered a "related party transaction", and was therefore allowed to stand. It is pretty easy to circumvent the rules.
 
Real Name said:
Embarrassing by the club yet again. We're the laughing stock of Europe.
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Jesus wept.

It's TeamViewer's feck up, I don't know what you expect Man Utd to in this situation.

Teamviewer: We can pay you this for shirt sponsorship, can we do it?

Man Utd: Yes, thank you for your business, happy to work with you!

6 months later

Teamviewer: Actually we cannot afford this is there anything we can do?

Man Utd: We could terminate the sponsorship and get a new sponsor instead, but Real Name on the internet would be embarrassed by our ridiculous decision to accept the highest bid, so we'll just prolong the agony and wait for you to go out of business and we will be owed lots of money.
 
mckenzie79 said:
Jesus wept.

It's TeamViewer's feck up, I don't know what you expect Man Utd to in this situation.

Teamviewer: We can pay you this for shirt sponsorship, can we do it?

Man Utd: Yes, thank you for your business, happy to work with you!

6 months later

Teamviewer: Actually we cannot afford this is there anything we can do?

Man Utd: We could terminate the sponsorship and get a new sponsor instead, but Real Name on the internet would be embarrassed by our ridiculous decision to accept the highest bid, so we'll just prolong the agony and wait for you to go out of business and we will be owed lots of money.
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People in and around the club should have known all this in advance. That's why you make character checks beforehand. Only at United do these things happen. It's not accidental.
 
Real Name said:
People in and around the club should have known all this in advance. That's why you make character checks beforehand. Only at United do these things happen. It's not accidental.
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:rolleyes: :rolleyes: :rolleyes:

I get the sense that you are projecting your own issues onto United.
 
Money is getting tight around the world. This kind of thing will happen more and more often. Not to some clubs obviously but expect more things like this.
 
Etihad have posted a profit once in their operating history either. They lose millions and millions every year apparently. Hahahaha.
 
red thru&thru said:
Your owners cannot sponsor you. However, we all know there's way around this, thanks to City and Newcastle.

But the great thing for us, we could actually get more money than anyone for these sponsorships and no one wiuld batter an eyelid, as we've constantly broken sponsorship records.

However, announcements like today, keep emphasising the fact to me, that the sale of the club is quite far down the line.
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@ShinjiNinja26 @cyril C @KiD MoYeS

Yes, I do know what City get up to. I stated it here, yesterday.

The post that you all jumped on was a direct answer to the question the poster was asking.

So, NO, you can't sponsor your own club. However, does it happen? YES it does but you can't be blatant.
 
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