Quarterly Quarrel - The Financial Discussion Part 5

Discussion in 'Manchester United' started by Ruud v.Nistelrooy 10, Mar 11, 2014.

  1. J'can

    J'can Member+

    Jul 3, 2007
    Club:
    Manchester United FC
    I am not indulging anything . People are idiots
     
  2. JamesA

    JamesA Member+

    Dec 7, 2004
    Victoria
    Club:
    Manchester United FC
    No worse than humans.
     
    J'can repped this.
  3. SF19

    SF19 Member+

    Jun 8, 2013
    How enlightening.
     
    Ruud v.Nistelrooy 10 repped this.
  4. Ruud v.Nistelrooy 10

    Staff Member

    Jamaica
    Jun 4, 2006
    Antilla
    Club:
    Manchester United FC
    Nat'l Team:
    Jamaica
    well i thought about that and it is the narrative that is pushed in the media so it could be easy to adopt.

    but then i thought about it some more. look how the US treats black folk and other minorities, likewise the English as the worst colonisers no less. so are Ratcliffe or one of these minority stake consortiums really any better if we apply that rationale all round?

    or put it this way - who is your ideal owner then? or at least one you can stomach? this Finnish person that has emerged as an investor?
     
    SF19 repped this.
  5. JayBoy

    JayBoy Member

    Jan 13, 2008
    Lewisham, S. London
    Club:
    Manchester United FC
    Nat'l Team:
    England
    The fact that £5.5b isn't enough for the Glazers to sell the goose that's laid them golden eggs for 18 years, despite their mismanagement, is incredibly greedy. I hope the fans cancel their season tickets in protest if they remain in charge.

    Better? Clearer?
     
    SF19 repped this.
  6. SF19

    SF19 Member+

    Jun 8, 2013
    I think they do sell when it becomes clear they can't get better than those on the table. It just needs time for them to really see that, which why I figured it may take more than a year. I can't see them keeping hold with some minority investor saving the day. I think it's naive on their part to believe ten Hag stays long term with them. Same goes for FSG. Both he and Klopp will end up leaving if they don't feel the owners are making the necessary investments.

    If Qatar doesn't get United, why not buy a club like Leeds? They might be able to sign Haaland too if they did and poach ten Hag or Klopp. If I were in their shoes, I'd tell that to the Glazers.

    Ratcliffe doesn't need to buy United at that price. He can buy Oldham. He can buy a club in a lower division and relocate to Manchester if he really wants. It might not be Manchester United, but it might become the club of the people of Manchester.
     
  7. The Jitty Slitter

    The Jitty Slitter Moderator
    Staff Member

    Bayern München
    Germany
    Jul 23, 2004
    Fascist Hellscape
    Club:
    FC Sankt Pauli
    Nat'l Team:
    Belgium
    To my mind the valuation is way too high.

    Boehly paid way too much for Chelsea in a frothy deal - and now we are way out of the ZIRP environment where you could get loads of financing at close to 0%

    How could a buyer make any kind of return at $6bn compared to other things they can do with the money?

    It only makes sense if you see it as a platform for some other kind of vertical integration of brands like has happened at city

    Personally I wonder if this ends up more like Barca where bits of the club get sold off to private equity
     
  8. J'can

    J'can Member+

    Jul 3, 2007
    Club:
    Manchester United FC
    Anyone watch the interview with Zillacus on the United Stand with Beth? He had some good points I would love to see if they could be developed. Won't say much now until more of you have watched...
     
  9. MizzouMUFC

    MizzouMUFC Member+

    Apr 10, 2010
    Places
    Club:
    Manchester United FC
    Apparently, the outlet that reported the Todd Boehly agreement with Chelsea are saying the 2nd Qatari bid is worth 6 bil, which is the Glazers evaluation. Will be interesting to see what happens from here and if they’re actually serious about selling.
     
  10. Ruud v.Nistelrooy 10

    Staff Member

    Jamaica
    Jun 4, 2006
    Antilla
    Club:
    Manchester United FC
    Nat'l Team:
    Jamaica
  11. JamesA

    JamesA Member+

    Dec 7, 2004
    Victoria
    Club:
    Manchester United FC
    This is a vanity purchase. Absolutely. An asset like United rarely comes onto the market.

    The eventual winner will be less concerned with traditional ROI in my opinion.

    Otherwise, I don't think a sale completes.

    I'd say the Qatari bid is likely best placed fir this very reasom.
     
    Deadtigers, majspike and JayBoy repped this.
  12. Ruud v.Nistelrooy 10

    Staff Member

    Jamaica
    Jun 4, 2006
    Antilla
    Club:
    Manchester United FC
    Nat'l Team:
    Jamaica
    SF19 repped this.
  13. MizzouMUFC

    MizzouMUFC Member+

    Apr 10, 2010
    Places
    Club:
    Manchester United FC
    The Premier League just passed the most obviously biased rule set in their history. They just added strict new rules against new owners of PL teams that gives the league and other clubs the right to disqualify prospective owners based on humans rights violations, tax fraud, and various other items.

    This conveniently doesn’t apply to City or Newcastle existing ownership but is specifically put forth to block our potential new owners. League is a ********ing joke.
     
  14. JC7rox

    JC7rox Member+

    Manchester United FC, LAFC
    Jun 11, 2004
    West Coast, Cali!
    Club:
    Manchester United FC
    They also allowed this ********ery LBO in the first place despite their oversight committee or whatever. So F them.
     
  15. Sofabloke

    Sofabloke Member+

    Dec 24, 2003
    Mu
    Club:
    Manchester United FC
    Talks about the just released figures from last year and the new EPL tests mentioned above.

     
  16. Ruud v.Nistelrooy 10

    Staff Member

    Jamaica
    Jun 4, 2006
    Antilla
    Club:
    Manchester United FC
    Nat'l Team:
    Jamaica
  17. Sofabloke

    Sofabloke Member+

    Dec 24, 2003
    Mu
    Club:
    Manchester United FC
    The trajectory we have been on under the Glazers is kinda scary …

    Manchester United: Premier League club owe almost £1bn, reveal new figures

    https://www.bbc.co.uk/sport/football/65131177
     
    SF19 repped this.
  18. SF19

    SF19 Member+

    Jun 8, 2013
    That EPL announcement is interesting. Do certain people want Sir Jim to win? Maybe they'll take things a step further and push the Glazers to sell like what was done to Abramovich? There is a potential avenue for that if the FA clamps down on the kind of debts problems faced by Everton.
     
  19. MizzouMUFC

    MizzouMUFC Member+

    Apr 10, 2010
    Places
    Club:
    Manchester United FC
    I don’t think other clubs want Ratcliffe to win necessarily. I just think they want to avoid a club with our popularity and revenue getting financial backing on the scale of a Man City because it makes the harder for the rest to compete.
     
    SF19 repped this.
  20. United 16

    United 16 Member+

    Manchester United
    Mar 25, 2016
    Club:
    Manchester United FC
     
    SF19 repped this.
  21. Ruud v.Nistelrooy 10

    Staff Member

    Jamaica
    Jun 4, 2006
    Antilla
    Club:
    Manchester United FC
    Nat'l Team:
    Jamaica
  22. Sofabloke

    Sofabloke Member+

    Dec 24, 2003
    Mu
    Club:
    Manchester United FC
    Hopefully has to be nearing the end - surely even the sunk cost fallacy technique has some limits …
     
  23. MizzouMUFC

    MizzouMUFC Member+

    Apr 10, 2010
    Places
    Club:
    Manchester United FC
    So basically in a story that should surprise nobody familiar with the Glazers, they’re managing to completely ******** this up along with everything else they’ve done.
     
  24. The Jitty Slitter

    The Jitty Slitter Moderator
    Staff Member

    Bayern München
    Germany
    Jul 23, 2004
    Fascist Hellscape
    Club:
    FC Sankt Pauli
    Nat'l Team:
    Belgium
    their valuation is wildly unrealistic
     
  25. JamesA

    JamesA Member+

    Dec 7, 2004
    Victoria
    Club:
    Manchester United FC
    And yet...chances are they will get within 10% of that price when it's all said and done, if not better.

    It might be unreasonable, but I don't think it's unrealistic. This is a vanity purchase and I don't see another MUFC on the market.
     

Share This Page