Manchester United Superthread 2014 mod warning #8081

Aidric · 28-05-2014 10:36PM

Mitch Connor wrote: »

Will be interesting to see if the glazer kids desperate to sell will more easily sway the others, who are a little more reluctant right now, now the father is gone.

how naive

Technophobe · 28-05-2014 10:51PM

Will I Amnt wrote: »

Not sure why you are rolling your eyes, it was fairly obvious he made a mistake.

Yes and I asked him. Not you:)

glued · 28-05-2014 11:18PM

TheDoc wrote: »

Sport really is irrelevant here. Sad to hear the news.

Helped forge the club into a behomoth of international recognition and still provided the manager resources.

The payoff from the clever risks and expansion will be reaped for decades.

That is quite the butchering of history. Obviously it's very sad that Malcolm Glazer has passed away but I would have rather particular disdain for the man and his wholly abusive use of leverage to take the club over. Manchester United is a cash asset for the Glazers. Let's not forget that Mr. Glazer's family own 90% of the club. They have invested nothing, taken zero risk and yet they reap all the rewards. The manner in which this man took over the club was a disgrace. All the loans he used to buy the club were secured against the club. They have been terrible owners and without them we could have possibly won another European title had we not had such burdensome debt over our heads.

Clever? Yes. Good owners? Most certainly not. Good owners don't spend relatively fúck all in comparison and then raise the prices of season tickets.

LostBoy101 · 28-05-2014 11:34PM

glued wrote: »

That is quite the butchering of history. Obviously it's very sad that Malcolm Glazer has passed away but I would have rather particular disdain for the man and his wholly abusive use of leverage to take the club over. Manchester United is a cash asset for the Glazers. Let's not forget that Mr. Glazer's family own 90% of the club. They have invested nothing, taken zero risk and yet they reap all the rewards. The manner in which this man took over the club was a disgrace. All the loans he used to buy the club were secured against the club. They have been terrible owners and without them we could have possibly won another European title had we not had such burdensome debt over our heads.

Clever? Yes. Good owners? Most certainly not. Good owners don't spend relatively fúck all in comparison and then raise the prices of season tickets.

Agreed, I despise him for this reason and I see the rest of the Glazer family acting the same way.

Vic Vinegar · 28-05-2014 11:36PM

Aidric wrote: »

how naive

How so?

Ed The Equalizer · 28-05-2014 11:41PM

Cool video from the new sponsors...

kryogen · 28-05-2014 11:42PM

Bombleswizzum wrote: »

How so?

Probably to think that Malcolm had much say/control/interest in the actual running of the club the last while, pretty much since he bought it in fairness. It was made pretty clear at the time the family would control it, he would be appointing his sons/daughter to positions at the club to run it. It was always Brian and Joel you would see

Cantona's Collars · 29-05-2014 12:02AM

Anybody want a job at United?

http://www.thepfa.com/thepfa/jobs/regional-and-european-recruitment-officer

Rayne Wooney · 29-05-2014 12:15AM

Anybody selling a UEFA A badge cheap?

NeVeR · 29-05-2014 06:57AM

Mitch Connor · 29-05-2014 07:20AM

kryogen wrote: »

Probably to think that Malcolm had much say/control/interest in the actual running of the club the last while, pretty much since he bought it in fairness. It was made pretty clear at the time the family would control it, he would be appointing his sons/daughter to positions at the club to run it. It was always Brian and Joel you would see

But I never said Malcolm was involved in day to day running.

It is, however, possible that Malcolm retained some influence over the business dealings of his kids - and that if he was against the selling of United that it would strengthen the position of the kids that don't want to sell over the ones that do.

kryogen · 29-05-2014 07:23AM

I was explaining what the other chap meant, imo anyway.

As to the kids, where have you seen a divide? Which kids want to sell?

Mitch Connor · 29-05-2014 07:29AM

kryogen wrote: »

I was explaining what the other chap meant, imo anyway.

As to the kids, where have you seen a divide? Which kids want to sell?

Just what I read in the fanzines - obviously I don't have an inside track on it.

Apparently Darcy wants to sell, badly, and at least one of the others is with her on that. The others, apparently, just don't want to sell quite yet. Another track of the story is that there was supposed to be another stock float this year (to raise money for the kids, not the club) as an appeasement for the ones that want to sell, but that has been shelved as the stock market conditions aren't right, apparently.

homerjay2005 · 29-05-2014 07:31AM

Rayne Wooney wrote: »

Anybody selling a UEFA A badge cheap?

Roundy may not need his anymore...

wonder where that set play book went to?

kryogen · 29-05-2014 07:45AM

Probably in the bin as a new dossier with situational stuff would have been prepared for the next game and would not have used the same info as that one

Leftist · 29-05-2014 07:49AM

TheDoc wrote: »

Sport really is irrelevant here. Sad to hear the news.

Helped forge the club into a behomoth of international recognition and still provided the manager resources.

The payoff from the clever risks and expansion will be reaped for decades.

wow.

kstand · 29-05-2014 08:18AM

"Since being owned by the Glazers, United have spent almost £700m on interest payments and financial costs connected to the debt – a figure which exceeds the money pumped into Manchester City by Sheikh Mansour bin Zayed al Nahyan for new players."

Source:
http://www.independent.ie/sport/soccer/premier-league/glazer-death-unlikely-to-affect-united-plans-for-200m-spree-30313689.html

I see the morons on Red Café tripping over one another to offer condolences to the family of a man they never met or people they know nothing about. I'm not celebrating his passing by the way, far from it.

newballsplease · 29-05-2014 08:36AM

irishfeen wrote: »

Yes they have - running a ticker across MUTV wishing the family the best in their difficult time for about 45 min now.

Nothing on the twitter page.

Mitch Connor · 29-05-2014 08:41AM

newballsplease wrote: »

Nothing on the twitter page.

In fairness, it was probably well past the fellas bed time by the time it was announced.

homerjay2005 · 29-05-2014 08:47AM

kstand wrote: »

"Since being owned by the Glazers, United have spent almost £700m on interest payments and financial costs connected to the debt – a figure which exceeds the money pumped into Manchester City by Sheikh Mansour bin Zayed al Nahyan for new players."

700m is less than 2 years turn over, they are in their 10th year....our turnover is doubled since 2005 when they took over.

its all relative of course to the TV money, but in terms of a business the club is in a much better position than when they took over.

£2.6billion in revenue since 2005 season makes the interest payments relative especially when you consider that dividends would probably be topping £30million or £40million a year anyway if we were remaining in the previous ownership, though i am open to correction here.

newballsplease · 29-05-2014 08:52AM

Mitch Connor wrote: »

In fairness, it was probably well past the fellas bed time by the time it was announced.

Or facebook ! Still seems they put up news about past players anniversrys etc but nothing about the owner.

MagicIRL · 29-05-2014 08:53AM

De Gea: I'm trying to get Fabregas to join Manchester United

The Barcelona midfielder snubbed a move to Old Trafford last summer but the Spain goalkeeper has not given up hope of convincing the 27-year-old to make the switch to England
Manchester United goalkeeper David de Gea has revealed that he is attempting to convince Barcelona midfielder Cesc Fabregas to join him at Old Trafford.

Fabregas's future at Camp Nou is uncertain following a difficult 2013-14 campaign for the Catalan club, with new boss Luis Enrique refusing to confirm the Spain international will definitely stay put for next season.

United openly pursued Fabregas last summer only for the former Arsenal star to reject a move to England but with the 27-year-old a potential target for new manager Louis van Gaal, De Gea insists he is trying to get him to join him in the Premier League.

When asked about Fabregas, De Gea told La Sexta: "I've tried to convince Cesc to join United but it's difficult. He feels great at Barca, it's his home."

Former Atletico Madrid goalkeeper De Gea could win his first cap for Spain in their World Cup warm-up fixture against Bolivia on Friday and insists he cannot wait to be given the chance to make his first appearance for his country.

"We don't know who's going to play against Bolivia, but we have to be ready in case we get the nod," he said. "I'm raring to make my debut. There's a lot of competition in goal, but I'm enjoying myself and pushing myself to the max in training.

"There's a lot of speculation about who will go to Brazil and who won't. A few players are carrying fitness issues and we just have to wait for the gaffer to make his decision: it's as simple as that."

Vicente del Bosque has delayed announcing his final 23-man squad for the tournament in Brazil partly due injury concerns around Chelsea-bound Diego Costa and De Gea agrees that the Atletico striker should be given us much time as possible to recover.

"Of course we should wait for Costa, he's a top player. I played alongside him for several years at Atleti and he's really blossomed this year. We have to wait and see how he progresses and hopefully he'll be 100%."

http://www.goal.com/en-gb/news/2892/transfer-zone/2014/05/29/4847136/de-gea-im-trying-to-get-fabregas-to-join-manchester-united?CMPID=FBUK_140529_DeGeaFabregas

homerjay2005 · 29-05-2014 08:56AM

would be excellent to see DDG get his debut before the World Cup. i assume the Real players will have a week or two off, so its an ideal chance for him now to stake a claim.

newballsplease · 29-05-2014 08:59AM

Id say Fabregas is saying likewise to DDG !!

ericzeking · 29-05-2014 09:07AM

Walking through hotel lobby there yesterday and there was a copy of AS (in Spain)...the front page was claiming United offered del Bosque the managers job in April...I googled and translated the headline and the article is saying the shortlist was del bosque, simeone and lvg...that del bosque was first choice but he rejected and re-signed with Spain for the Euros as he doesn't want to work abroad again.

Sure this all probably BS but looks like news is gonna be slow for a while yet.

WRT Glazer...he took a step back a good while ago so I imagine no impact to United.

Every decision the Glazers make will be financially motivated, its not like he personally was a lifelong fan who was dictating that the investment should remain.

homerjay2005 · 29-05-2014 09:09AM

ericzeking wrote: »

Walking through hotel lobby there yesterday and there was a copy of AS (in Spain)...the front page was claiming United offered del Bosque the managers job in April...I googled and translated the headline and the article is saying the shortlist was del bosque, simeone and lvg...that del bosque was first choice but he rejected and re-signed with Spain for the Euros as he doesn't want to work abroad again.

Sure this all probably BS but looks like news is gonna be slow for a while yet.

WRT Glazer...he took a step back a good while ago so I imagine no impact to United.

Every decision the Glazers make will be financially motivated, its not like he personally was a lifelong fan who was dictating that the investment should remain.

wasnt there some talk yesterday that apparently Fergie offered the Job to Ancelotti before Moyes last year?

this came from Real president.

ericzeking · 29-05-2014 09:22AM

homerjay2005 wrote: »

wasnt there some talk yesterday that apparently Fergie offered the Job to Ancelotti before Moyes last year?

this came from Real president.

The way I would see that now is they are keeping him now that he won the CL so president is just bigging himself up..."look we are keeping the coach who won la decima and who Ferguson tried to steal from us, amnt I great?"

Although I wouldn't b surprised if it happened, they seemed to get on well when CA was at Chelsea.

The football world as a whole is just one clustetf*ck of BS!!

Crimson King · 29-05-2014 09:49AM

Christ the transfer news is disheartening. So many rumours with nothing manifesting.

I am normally a 'glass is half full' kind of guy when it comes to transfers but the last few years have been so bad I was convinced Woodward wanted to make amends and have deals in place already. Not to be it seems.

RichFTW · 29-05-2014 10:01AM

homerjay2005 wrote: »

700m is less than 2 years turn over, they are in their 10th year....our turnover is doubled since 2005 when they took over.

its all relative of course to the TV money, but in terms of a business the club is in a much better position than when they took over.

£2.6billion in revenue since 2005 season makes the interest payments relative especially when you consider that dividends would probably be topping £30million or £40million a year anyway if we were remaining in the previous ownership, though i am open to correction here.

Turnover doubling has no relevance in discussing the huge debt the club was forced to take. Yes the club is performing better financially because of increasing revenue but it doesn't change the fact that a ridiculous amount of money was spent on a debt that is only there because the Glaziers took over.

The £700 million is for interest payments, not payment of the loan principle. If you want to talk relevant figures, compare the interest payments of £700 to the original price they paid for the club of £790 million. The interest payments are so high because of the increased risk the Graziers took by using the club as leverage against the loan. They have nearly spent as much on interest as the original loan cost with £350 million still left to be repaid.

I admire the Glaziers as business men as they are clearly excellent at increasing revenue streams and making crazy deals to buy football clubs and they will have made a huge profit once they sell on the shares. Doesn't change the fact that the club has been forced to spend money to finance an outsider's takeover of the club.

Anyone defending their takeover is insane IMO.

Maximus Alexander · 29-05-2014 10:06AM

RichFTW wrote: »

Turnover doubling has no relevance in discussing the huge debt the club was forced to take. Yes the club is performing better financially because of increasing revenue but it doesn't change the fact that a ridiculous amount of money was spent on a debt that is only there because the Glaziers took over.

The £700 million is for interest payments, not payment of the loan principle. If you want to talk relevant figures, compare the interest payments of £700 to the original price they paid for the club of £790 million. The interest payments are so high because of the increased risk the Graziers took by using the club as leverage against the loan. They have nearly spent as much on interest as the original loan cost with £350 million still left to be repaid.

I admire the Glaziers as business men as they are clearly excellent at increasing revenue streams and making crazy deals to buy football clubs and they will have made a huge profit once they sell on the shares. Doesn't change the fact that the club has been forced to spend money to finance an outsider's takeover of the club.

Anyone defending their takeover is insane IMO.

Is it not fair to say that over that period they have led to the club earning more than £700m over and above what it would have otherwise, thus the interest payments are moot? I mean, I don't know because I haven't pored over the finances in detail, but I understood this to be the case.

ie. You can complain over the loss of £700m to interest, but it's £700m the club wouldn't have otherwise had anyway?

Manchester United Superthread 2014 mod warning #8081

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