Quarterly Quarrel - The Financial Discussion Part 5

Sports teams are never a good investment anyway. They're a vanity project. You buy them and run them because you either love the team or you value the attention or status it gives you.

 

This is just not true.

 

Jamie Carragher & Gary Neville rate all of Manchester United’s major signings since 2013! 👀📝 pic.twitter.com/6shVT2a5LM

— Sky Sports Premier League (@SkySportsPL) August 15, 2022

 

Fergie papered over the cracks. He left at the right time where one could say this. But it started even when he was in charge.

“There’s no value in the market.”

 

Nothing we didn’t already know here, but all the detail.

After Manchester United’s awful start to the season, the focus has once again turned to the Glazers. This thread will look at some of the reasons why the club’s fans might be unhappy with their owners – from a financial perspective #MUFC

— Swiss Ramble (@SwissRamble) August 16, 2022

 

Bants United

Also, I’m buying Manchester United ur welcome

— Elon Musk (@elonmusk) August 17, 2022

 

Elon Musk has (jokingly?) said he is buying Manchester United.

But $MANU is traded. Here's where it gets weird.$MANU gets 0 options activity. Two days ago, someone did 450k, sustained volume, in $14 calls expiring 31 days, 3500% increase in volume.

Planned joke on markets? pic.twitter.com/oYX4iLRyaq

— unusual_whales (@unusual_whales) August 17, 2022

Can anyone explain this like they're talking to a five year old?

 

Rep for using oranges

 

How credible is this source?

Manchester United for sale?

- at least three consortiums are readying for formal bid (not Musk)

- belief is Glazers would sell for $6bn

- United no comment on speculation

- three main factors influencing Glazers positionhttps://t.co/m35LGDq59e

— Miguel Delaney (@MiguelDelaney) August 17, 2022

 

Do you like pina coladas and getting caught in the rain
if you're not into yoga and have half a brain

Sadly, i'm not fond of pina coladas, I don't like getting caught in the rain, and I'm sort of into yoga. Thus I have no brain, but that could be owing to my copious amounts of alcohol consumption, but even I know this sale might just happen, no muppeting about.

 

We need massive protests, stop buying merchandise subscriptions etc and empty OT.

 

Ineos billionaire owner Sir Jim Ratcliffe confirms interest in buying Manchester United - open to talks with Glazers about taking a stake with a view to full control https://t.co/oPu2x8absi

— Matt Dickinson (@DickinsonTimes) August 17, 2022

shit just got real

 

Ratcliffe is the only real chance we have right now to getting the Glazers out. The consortiums are all bullshit. There would be a ton of owners if Glazers publicly put club for sale but they wont do that.

If this Ratcliffe news proves to be true, MUST and all the supporters groups need to protest the Glazers like ********ing crazy in the next few weeks. Give the Glazers more motivation to cut ties and get out. If theres a glimmer of hope, they need to push hard.

 

I heard an American consortium is buying that minority stake, but Ratcliffe would like to buy the club if it's for sale.

Gotta say, Knighton is doing a good thing:

https://www.youtube.com/shorts/s5TtxL1XixU

 

I wish these guys had been so aggressive and eager in 2005. The writing was on the wall with these guys from the jump. How they were allowed to buy the club I never understood.

 

Knighton is a clown. He just wants some attention.

 

^ Attention for what? To encourage the sale of Man U? What's clownish about that?

 

Do some research on Knighton, his history with United, and his history running football clubs and get back with me.

 

I think you misunderstand. It's not his intention to buy the club. He simply wants to get the ball rolling and encourage a group of billionaires to make a hostile bid. He's even said he would be happy to see Ratcliffe buy the club without any involvement from him. He's just a fan who wants the best for his club.

https://www.mirror.co.uk/sport/football/news/michael-knighton-wiki-manutd-takeover-27703242

I don't think any of us can disagree with that. And frankly, no one else is really trying as he hard as he is to make it happen.

 

Says Sir Jim won't join a hostile bid, but has been talking to the Glazers. It's possible Sir Jim might take a minority stake, but Knighton thinks he would only agree to a deal if there's a timeframe that allows Sir Jim to take full ownership eventually.

 

Knighton is a liar. He was lying back in the 80s when he said he had enough money to buy United and he’s lying now when he says his consortium has enough (which he’s just admitted). His constant call outs to Ratcliffe were because he knows he needs him to have enough cash. The only reason he’s pivoting now and backing Ratcliffe solo (and not as a member of his consortium) is because he knows Ratcliffe has no interest in joining and because the public backlash has been high.

Again, if you don’t know about Knighton do some googling on his failed United takeover in the 80s and his time as owner of Carlisle. Hes just not someone that should be taken seriously, which is why I say he’s just doing this to get attention.

 

Knighton’s talk of a hostile bid is nonsense. You can’t have a real hostile bid/takeover when all the voting power is with the Glazers.

 

Exactly. Hostile bid is when someone attempts to buy majority shares to take over ownership of a company. The public shares are all Class A, whereas the Class B shares (majority owned by Glazers) aren’t public and can’t be bought against the Glazers will. And at United, B shares hold all the voting power.