Manchester United Thread 25/26 - Teamtalk/Transfers/Gossip Mod Note in OP 26.09.24

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I do think there is absolutelu a narrative with some people that INEOS are worse than the Glazers. Goldbridge and his merry band of toxic influencers have certainly pushed that narrative having been 100% against INEOS from the point Qatar came in to the bidding process (and apparently hired and funded a PR firm…).

I hate Goldbridge, TUS, and everythign they represent - but they are also a touchstone for way too many United fans and there is a hatred of INEOS that puts in them in the same boat at best with the glazers, and worse by virtue of an arguement of 'they were supposed to save us'.

I don't think it a big thing HERE but i do feel there has been a sentiment of them messing up transfers worse, manager decisions worse, hirings worse and then the budget cuts and sackings. "maybe they;ll get it right but so far they're no better' would feel like a statement i can have seen on here. And yes, that isn't "worse" but for some reason I thought I would see if there was a discussion to be had…

They did a deal. To get some ownership off the glazers and take control of the running of the club..if they didn't the glazers would still have full control and the club would be in absolute crisis now..hard to imagine things being worse but it would be much worse by the sounds of things

The money they put in has reduced the requirement for borrowing on the credit facility - so that debt has been reduced and according to people who have studied the accounts the costs they have cut so far, are far greater than the interest due on the leveraged debt.

I do wish there was a clearer, more dependable path to full ownership though. I have seen people point to the funding of the stadium being a tool that can and likely will be used to leverage more equity and ownership - but i don't understand that. I assume Ineos want to gain ownership without paying a huge premium on the ordinary shares - I assume they'd prefer to buy the club without buyinig any of them tbf. How they do that I have no idea.

restructure in what way?
Why do you think the structure of the debt is poor as it is?

My hope had been that the debt would be transferred to INEOS at zero payment - with a change of ownership clause forcing a penalised repayment if the glazers sold elsewhere and a transfer to equity if/when ineos take over.

But transfering the loan to INEOS with zero payment would still result in a PSR interest payment at Market Rates, so likely wouldnt impact that side of things. Cash flow would be better though - as the interest payment (about 25m a year apparently) wouldn't actually exist.

Whatever about the debt, I don't understand how the Stadium plan goes anywhere without some change in ownership as I can't see how we fund it as is.

good man agent Moyes!

Only 2 points behind United now. Should pass them easily enough in the next couple of weeks.

What are the current terms?

Genuinely?

it would seem odd if United haven't worked to get good financing in place. Maybe there is something better that could be done but it would seem bizarre if the current rates are bad.

Ah lads I know we all talk some awful shite but breaking boards.is a new one! 😂

I know that I said "Nobody in history has ever said this".

The strange bit is why such blatant, obvious, clear hyperbole is the bit that was jumped upon?

I mean, look at it. "Nobody in history has ever said this". How is that anything else but hyperbole? How could it literally be anything else?

I wonder what he thought about Amorim calling his players the worst United squad in history, I hope he called him out for that hyperbole.

You throw out blanket statements regularly as if they are facts, you've been pulled up on it and disproven, just accept you were wrong and move on.

https://www.manchestereveningnews.co.uk/sport/football/football-news/man-united-marcus-rashford-training-29903004 2024

https://www.thetimes.com/article/how-intense-summer-training-at-nike-hq-helped-revitalised-marcus-rashford-return-to-england-squad-hqrzspzrd 2022

Rashford has done private training regularly while at Manchester United.

I think all of the private instances have been after injury, or during breaks where training at Carrington is not being done or not required - ie. doing private training when they have time off for a foreign break, especially during the International break. IIRC there were images shared of him doing training in New York prior the the Basket Ball game he went to. We've seen similar stuff when he has been in Dubai for example. There were also instances in periods of poor form where we'd hear about extra, external, training being done on his finishing.

I don't believe we have heard of him randomly doing extra training in the evenings after normal training just cause he wasn't fit - there has always been a reason (he's abroad, he's working on something specific). Neither fallling into your two categories imo.

As for this Villa one - he has been not selected to play for 6/7 weeks - he is going to be rusty regardless of the fact he was in training for United; so doing additional work to build himself back up to match levels wouldn't be outlandish imo.