Manchester United Teamtalk/Transfer/Gossip 23/24 - [New Thread Available]

May head down to the protest at the weekend, hopefully it's a big turnout. Does feel like maybe just maybe this is our best ever chance to finally get rid of them.

Mitch Connor wrote: »

that is my view on it too.

They aren't in it for trophies, so if they are after profit their best angle for that now is selling now.

I also think selling in 2 years or so was on the cards if the ESL got going - see if that ESL participation could bump the market cap to 4b or 5b, and sell for a lot more than they will get now.

Don't know if it's that simple though, I'm no accountant, tax or otherwise, so maybe someone else on here can inform. What are the tax implications for them selling and realising the asset? Does it make sense for them to hold onto it and continue milking it rather than to sell?

They don't really seem to sell too much of what they acquire, maybe for tax purposes?

The Big Easy wrote: »

Don't know if it's that simple though, I'm no accountant, tax or otherwise, so maybe someone else on here can inform. What are the tax implications for them selling and realising the asset? Does it make sense for them to hold onto it and continue milking it rather than to sell?

They don't really seem to sell too much of what they acquire, maybe for tax purposes?

would have to pay capital gains tax I guess, but even if they came out with 2billion after paying that (which wouldn't be fantasy land) you are still looking at a profit that would take 100 years to make up with dividend payments.

Even a billion in profit would take 50 years, but also require zero from them.

Some of the remaining Glazers have been pushing for sale for a while - Joel and Avram were the ones holding on to United. Darcie wanted to cash out years back. Don't think the other brothers are interested in United either and wanted to cash out too.

dave_o_brien wrote: »

Again, I'm no accountant, but what would be the benefit of realising the asset? You'd end up with 2 billion in your bank account to... what? Accrue modest saving's interest?! The amount they can extract from the club for their €2Bn is probably greater and more predictable than they could bank on if they remove it and gamble on stocks or bonds.

if each of the 6 kids would to cash out and do other stuff with the 400million or something each.... it will be easier to do after selling the club than banking on the the asset to borrow against.

FourFourRED wrote: »

Open letter from Joel Glazer...

https://www.manutd.com/en/news/detail/joel-glazer-writes-open-letter-to-man-utd-supporters-april-2021?utm_campaign=ManUtd&utm_medium=post&utm_source=twitter

Well I say Joel, definitely written for him by someone else.

I'm majorly surprised he even penned his name to it.

Hope no fans buys this open letter bóllóx.

Not a fcucking ounce of sincerity in that open letter obviously written by a PR officer, and a piss poor one at that, disgusting effort. Shove and where sun don't shine comes to mind.

FourFourRED wrote: »

Open letter from Joel Glazer...

https://www.manutd.com/en/news/detail/joel-glazer-writes-open-letter-to-man-utd-supporters-april-2021?utm_campaign=ManUtd&utm_medium=post&utm_source=twitter

Well I say Joel, definitely written for him by someone else.

I have a great idea, if they want to put it right **** off from our club

****ing parasites

I want them out even more after reading that PR bullsh*t.

How stupid does he think people are? How do you rebuild trust where there was none?

You just knew he wouldn't have the bottle to show his face with a video apology.

It's obviously easier for the Liverpool fans to forgive if they are. John Henry is not in the same league of douchebag as the Glazers. And he has delivered the management structure and team to end their title odyssey.

Joel just has nothing to point to, or any redeemable features what-so-ever. Also he was vice-president of the Super League, so no doubt joint architect-in-chief of the whole sorry charade.

I ran Joel Glazers letter through the spellcheck and this is what he meant to say.

To all our crazy customers.......
Over the past few days our family has witnessed the stubbornness from you lot complaining about our greedy intentions. We've ignored all that, but.....
You made very clear your opposition to the European Super League, and although we couldn't care less, we had no choice but to cave in because Chelsea and Manchester City bottled it. Pathetic bastards!
Although our wounds are raw and I understand that it will take time before we can try with this again, I am personally fecked off with the lot of you, but we rely on your money so we have to make it seem like we're sorry. That Liverpool tosser did it earlier, so I'm reluctantly forced to do the same.
We continue to believe that Manchester United has the potential to fill our pockets more efficiently, and don't give a **** about the pyramid for the long-term. The Super League was the right way to go about it, but our greedy scheme was exposed.
The motive was to increase cashflow, but the other five teams bottled it, which leads me to having to write this suck up letter to you worthless lot, because we want you to forget about all this and continue funding our family's many materialist needs.
This is the world’s greatest football club and we've saddled it with debt, and have now run out of ideas how to fix this.
It is important for us to put that right. Any ideas?
Manchester United has a rich heritage, but these values are of negligible concern. The fact that we just shat all over your footballing traditions, shows what we really think about it, as you knew already.
The pandemic has thrown up so many unique challenges, most of all it's prevented us from separating you from your hard earned cash in return for sitting in our tatty stadium watching the team's continued ongoing inconsistency. We, however, prefer sunbathing in Florida.
We've never been bothered about communicating with you, our fans, as you know, but because you will always be a source of revenue, and you now see us for the crooks we are, we're forced to say nice things about you which we know you won't believe anyway.
In the background, you can be sure that we will be taking the necessary steps to perfect our super league plan.
Right now, our priority is to count the cost of our teams pushing for the strongest possible finish to the season, without you're money funding it.
In closing, I would like to recognize that it is your money which makes this club so great for us, and we thank you for that.
Up yours
Joel Glazer

Lithium93_ wrote: »

Kane or not, absolutely ****ing not should all be forgiven. Cut the poison out of the club once and for all.

I was being sarcastic.

Cant help bit think of Frank Kelly saying sorry when reading Glazers apology.

I'm finding it difficult to revert back to my pre Jose days of being indifferent when it comes to Spurs results.

His time at United resulted in me taking a real disliking to the guy and great pleasure is had from his failures. I probably should just let that go now, shouldn't I?

Whisht will ya!!!!

:mad:

There's also £480 million of debt the Glazers have picked onto the club, which they'll leave with the club.
There's only a few individuals who have that sort of wealth and I don't know if we want to be involved with them.
The alternative is the sort of financial institution that will probably leverage further debt onto the club and expect a healthy dividend.
Not at all confident about our immediate or medium term prospects.

A group of fans got into the training ground this morning apparently and Ole spoke to them and they left afterwards.

They asked Ole why he was able to speak out about Glazer takeover in 2005 and quiet now...

"Joel loves the club".

Get ye gone, Ole.