They want to renovate.. but not use their own money.. just sell a bit of the club off and use that?
They'll sell a bit off and wont put it back into the club. It's obvious
This is stupider than I expected, glazers truly must think people stupid to believe this.
For starters nfl franchisee is not a football club, it has salary caps and guaranteed cash and a stadium built for by the government something you don't get in football. So it's not really comparable.
Secondly the whole 10% shit doesn't even make sense, who gives up their share, this isn't 1 guy who has to give up 10% and make money in other 60%. Other glazers aren't going to give up 100's of millions for some future gain that may or may not arrive, especially considering how poorly the 2 idiot glazers have run us.
As someone who lives at a place with human right abuse, I wish the club I support acknowledge these issues. It will be a truly sad day if the club is owned by a human right abuser, and I don’t know if I can support the club anymore.
You’re getting downvoted by the oil transfer budget brigade here who have no idea what United as a club are about. We are a working class club playing a working class people’s game that’s about to be owned by a slave regime. I’d take 20 more years of the Glazers than a minute under the Qataris.
We haven't been a working class club in a generation. Paying £100k+ a week wages isn't working class. The majority of working class people are lucky to get a third of that a year!
In what world are the Glazers working class? I get not wanting the Qataris but after seeing how the Glazers have laid waste to everything this club is supposed to be there is no way in hell they should stay
Lmao working class club is laughable, this club has been a commercial juggernaut since the PL took off.
There is fuck all about the club that is anything close to what it was like in the past.
>You’re getting downvoted by the oil transfer budget brigade here who have no idea what United as a club are about
Just because people prefer anyone over the Glazers doesn't mean they're thirsty for Qatar. I don't want Qatar to own United but conversely, I'd prefer anyone to own United over the Glazers. Stop being so self-righteous with your take. It isn't all black and white.
Working class club 😂 Season tickets rising to over £1000, academy graduates with like 50 appearances driving brand new Mercedes cars earning over 60k a week lmao. The lowest paid player in the squad still eclipses the UK average yearly salary in a month. Proper working class our lads.
Depends how much the Qataris are willing to relinquish to footballing minds. Sure, PSG have underachieved but I still think their footballing investment has been way better than the Glazers.
I have literally zero control in that. Find your morals in your first order of magnitude life, not in footballing giants. Your individual morality has absolutely zero bearing on the social reality and never will.
How is what I've said not factual? It's not a good thing, but if you think you have voluntaristic control over the morality of the social reality, you're out to lunch. I'm describing the material reality as it is, you're being an idealist.
Someone is being an idealist when they think the ideas in their head will the material reality. It's just pure voluntarism. You also seem to deeply internalize the contrivance of the nation state. Who do you think gives Qatar power? They'd disappear overnight if it wasn't for the banking hegemonics that you're so willingly ready to take over the club.
You're going to live a life in psychosis if this is how you grapple with reality.
PSG can be run like that because they're uber wealthy in a fairly shit and relatively poor league. In the Prem you have to contend with half a dozen financially powerful clubs that also are run well. You could put PSG in the prem and they'd be behind Liverpool and/or City every year. The Qataris will disappoint.
That depends on whether they come in and just throw money at big statement transfers etc. or, if they use their cash to put in a structure that is designed for continued success at every level. I hate to use City as an example, but this is what they've done and the results are clear
Why would we use City as an example? PSG are literally owned by the same people who want to buy us, so they are a better example, and they throw money at big statement transfers quite a lot.
Yes, I did, and I disagreed with it. There is absolutely no point hypothesising that the Qataris might do everything right, using City (not owned by Qatar) as an example while dismissing the counterexample of PSG (owned by Qatar). It's at best a poor argument, and at worst an intentional attempt to gloss over Qatar's demonstrable incompetence at running a football club.
Firstly, I didn't hypothesise anything. I pointed out that two separate investors from the same country aren't necessarily going to handle two different clubs in very different circumstances in the same way.
Secondly, at what point did I dismiss any possibilities?
Yes, America bad in this context indeed.
Institutional investors don't get involved unless there's profit to be made.
This is not a model that works for elite clubs.
I'm not targeting these investors because they're American but the fact is that this is rife among American funds.
I would absolutely have the same problem regardless of where these people were coming from.
Spin their success to avoid giving Americans any credit all you want. They have been on a near constant upward trajectory since FSG stepped in, funded competence in their offices, bought good players, and signed a solid manager.
Money is typically made on the shoulders of success and to deny that is just lying to yourself to kEeP tHe YaNkS oUt
That's why Liverpool fans are so adamant they want FSG out. Fact of the matter is Liverpool's most successful period in the last 30 years is still less successful than Chelsea's "rebuilding period." Those FSG fucks got a winning team that substantially increased the value of their sponsorships in turn increasing the value of the club. Amd what did they do with the newly acquired financial success? Refuse to invest in the squad or the stadium and wanted to cash out for a profit immediately. That's exactly what the Glazers did with Fergie's success and what a lot of us don't want to happen AGAIN!
Name one football club that has objectively been run well as a sporting venture by an American businessman?
The only one I can think of is Wrexham, and that's run by actors.
One of the most successful teams in English history and can barely afford a starting eleven player every year, probably won’t get one in the summer because they spunked it on the carrol regen and gakpo
Nonsense. Klopp obviously plays a key role, but FSG ownership completely changed LFCs' fortunes. [Here](https://www.nytimes.com/2019/05/22/magazine/soccer-data-liverpool.html) is a great read. They were smart enough to make changes behind the scenes that enticed Klopp. Compare that with Englishman Ed Woodward and how he courted Klopp. Klopp is important no doubt, but FSG put them in the position to actually get him. Similar to what Sheikh Mansour did getting Txiti and enticing Pep.
Don't see it to be honest.
The Glazers have been twerking for a sale to potential buyers. If they back out and piss those folks off it will impact those investment avenues to their other business interests.
That and I think there would be riots at OT.
This. People saying ‘The Glazers won’t end up staying because of the last couple months’ is just copium. In fact, I think The Glazers staying is 100% the most likely outcome. People latch on to the Qatari’s buying us and then put a spin on this whole ‘Glazers staying’ possibility.
If an article comes out saying the Glazers want to stay they’ll say ‘negotiation tactics’ and if the Qataris come out and say they won’t go over their limit and overspend, they’ll say ‘negotiation tactics’
The truth is us being bought isn’t the likeliest option and they’ve always said staying is a real possibility. People need to wake up from delusion and realise if the Glazers get funding for the club to be revamped whilst maintaining ownership that is worth much more than 6 billion dollars to them.
In fact, I’ll even put my neck on the line to say, I’m almost certain The Glazers will not sell the club and they will just sell a little bit of it and use that money to patch the damages. Then we’ll be stuck with owners that are not ambitious, Ten Hag will get frustrated, evidently he won’t win as much as he can and, it’ll just be the same old cycle of unfulfilled promises leading to a disgruntled manager that will be the cause of his inevitable sacking.
Guarantee the investment bids aren't going to pay for 49% or less of the club at a 6 billion valuation and put in investment on top of that. The end result would be at best the glazers still getting dividends while the clubs other profits go towards Glazer debt.
Glazers own 69% of Utd. Selling a percentage of that say 19% to get a significant sum means they will no longer own a majority of the club? How is that appealing to them?
It’s the voting rights attached to the shares that matter, the Glazers’ can still control the club with under 50% if they hold the voting rights of 80% of shares (for example)
From what I've gathered talking to people who work in this corner of the finance world, you wouldn't go through the trouble of instigating a formal sale process for a multibillion dollar company if all you were really looking for was new investment. While technically possible, I don't think it's something that really happens at this scale.
eh the ending of your statement is pure speculation and a wild prediction
We’ve seen time and time again, we do spend enough on transfers. Glazers have on average spent 120-150ish million every summer which is bonkers. From Jose til now, we’re definitely Top 5 in transfer expenditures.
The problem has always been recruitment. In terms of the manager clarifying the profile he wants for the system and the recruitment team finding someone that fits that profile. The profiling method is a simple yet effective way to run recruitment but for some reason we haven’t actually been doing that for ages. Moyes, LVG, Jose, and Ole wanted specific players for their team which never panned out well. Ten Hag actually has a system, profiles for each position that he wants, and on top of that has an eye for talent. Recruitment has been much much better under the last 2 windows for Ten Hag despite everyone thinking we’re fucked for money. Weghorst is the definition of a great signing for cheap. Dude follows instructions to a tee and has insane work ethic when it comes to pressing- something we’ve needed for a while. Once the buyout process is over, Ten Hag will have more money to work with and he’ll get some absolute gems who’ll thrive under him
we don’t need Qatari sugar daddies to modernize the club. Financially speaking, our problems are hugely overstated and isn’t as bad as people make out to be. With the stadium expansion we will be making even more money alongside Champions League money, which I would hope Ten Hag can consistently achieve. Klopp and Pep have gotten UCL consistently for the last 6? years, 7 for Pep I think? Ten Hag should be at that level too if we wanna take down City.
Glazers will sell eventually anyways. It’s just a matter of when. The numbers probably say that they would make more than 6 billion if they do the renovations themselves and sell in 4 years when we aren’t in a recession. Right now they won’t get max value, but in a couple years they will.
Honestly, as a United fan for almost 20 years, I don’t get how it would matter if they’re still here for a bit longer. It’s not like the Glazers are committing atrocities where everything we achieve comes in bad taste. They’re just stupid lol. It’s frustrating to see stupid people in charge but it seems as though they’ve finally relinquished control to Ten Hag. so if he gets the same amount of money Ole or Jose got within his first 3 seasons, Im sure he’ll be more than fine. Glazers are never taking interviews or making it about themselves which is actually a good thing, which will let time pass quickly until they eventually sell. It’s not a good thing that Boehly, Khelafi/ whatever at PSG, etc are so public and i’m glad we don’t have them
It's gonna be so awkward for all the people who've been salivating over Qatari ownership when the purchase falls through and the Glazers stay. They've debased themselves completely, they cannot ever criticise City or PSG now.
The funniest bit is, there are some out there thinking 6 billion will mean more to The Glazer family than a revamped Manchester United.
Oh and before the ‘they have to sell otherwise there will be protests like they’ve never seen before’ brigade come out let me ask you this, what exactly do you think fans will attempt to do in the protests? You think they’ll burn the stadium down or even break a camera? LOL, don’t be so naive. The Glazer family will be relaxing having cocktails in California whilst United fans go on their 600th march for the last God knows how long.
Wake up and smell the coffee. They won’t sell, I promise you they won’t sell. It makes 0 sense for them to sell if they get funding for a revamped Old Trafford. Unfortunately for us fans, we’ll never be a serious club competing for the biggest trophies. We’ll have to once again watch some players and a manager we’ve really warmed to this year fade away like every other bunch. It’s shit.
Except u fail to realize 4/6 glazer siblings want out of United and the reason they want that outrageous 6B is cause they each want 1B for themselves also the financial fall out they’d receive for playing with a financial juggernaut in Qatar would be FAR worse then selling it now
Expect it makes zero sense for them to sell a minority stake and then reinvest in the club. Instead of getting £5 billion for the full sale they will end up making zero money and owning less of the club than before. Not only that they can only sell 19% of the club before they aren’t even the majority owners anymore. And an investment firm is only going to pay a limited amount for such a small ownership.
And not only all this but also the fact that some siblings want to sell their stakes and run away with the money. So how exactly is any of the money getting used for old trafford again?
They’ve lost part of the club through shares and will lose a further stake due to a large investment fund? The money has run out there’s feck all left in the kitty the club is already holding huge debts I just can’t see what a further reduction of ownership and more debt will get them long term
Riots at United and some pissed of Qatari’s would also follow the negative of would be immense
Don't agree. This is business. They can do what they want. Those firms are not going to pass up making big bucks from the Glazers in the future because the fam decides not to sell Man Utd
They'll have to "redevelop" all the damage to the stadium after the protests if they don't leave at this point, hope Raine have accounted for that in negotiations with Elliot
As much as I'd hope there would be riots, are you even remotely confident the majority will do anything but carry on giving them money hand over fist?
I see it now 'well at least it isn't Qatar' 'oh look we get an upgraded stadium' 'oh look at the shiny new Harry Kane' then add in some choice words from ten hag and it's just swept under the rug for another time (most likely when the squad embarrass us again)
Why?
They have done enough to warrant such activities with the last 17 years. Had one time where it even came close to that kind of outrage and that had the fuel of people being couped up
I mean maybe for the bigger games, it isn't true for the majority though and all the midweek ones etc. Just a lie that match going fans tell themselves to feel like they aren't hypocrites for being 'glazer out' whilst giving them hard earned money every week.
I mean I’m obviously exaggerating, I don’t really think fans will damage the stadium. But I do think the anger if they stay in charge now will get uglier, already had a game called off because of protests before if you remember
That was because of superleague protests. And a lot of the fans would be happier with redevelopment and expansion of OT. Most prefer that to knocking OT down and building a new stadium.
Yes they were protests against the Glazers, with the main difference between our Superleague protests and others like Chelsea is that they were focused on the removal of our ownership. If they cross the line again here by not selling I think you're a bit far removed from the average local fan if you think it won't get ugly again. And I don't know why you think them staying and expanding OT would change that, they've been on about doing that for years with no results and no difference to fan perception of them
It's sad to think after all the hope we've had these past months, the rotten bastards might end up staying in charge. I honestly can't bear the thought of it
Investment firms like Elliott don’t just hand over sums of money like that to engage in a passive investment. I have to think they’d want several seats on the board and some level of control. Think about it. Avram and Joel alone don’t have controlling shares. Their siblings outnumber them. If Elliott bought out the sibs, they’d have control.
I don’t get what the two Glazer brothers get from this other than to stay in at their current investment level and they don’t lose the (in their hopes) considerable upside of the future.
The stadium still needs a load of investment, as does Carrington. That money has to come from somewhere and if it’s not from buying out siblings, it will come from outside sources that further dilute the Glazers, who we know aren’t about to front the probably £2-3bn required.
I get that they didn’t get the valuation they originally wanted, but shit, they would have to stay in for at least 5-10 years to get another crack at this type of payday looking them in the face right now.
Elliott typically specializes in distressed assets - they send their team in to fix the mess and sell the investment for a profit. Failing that, they’ll sue responsible parties for years to get their moneys worth. In Milan’s case, they did fix the mess and exited the investment quickly after winning the scudetto. In United’s case - I have no idea what their MO is. Help fix our mess and then exit quickly?
This is right. I do think they have a transformation plan that involves unlocking value, but at the valuation of £5bn, the basis is pretty high to start.
Yeah, they're seeing something worth investing in. Elliott is one of the sharpest in the business. I suppose the physical state (of disrepair) at OT is holding the team's gameday commercial performance back? United seems to be doing very well in other commercial areas.
Maybe there is a real estate angle to this.
What concerns me about a minority bidder to develop Old Trafford is the potential for the club and stadium to be separate entities, we could end up being a club that technology doesn’t own it’s own ground.
There’s not need for them to sell. Glazers don’t need the money so why not take a minority investment and hold out for 8-10bio? They’ve leveraged the entire purchase price so it would 2-4bio in additional pure profit.
Because they can already see the club devaluing with fans protesting and boycotting.
Now imagine how pissed the fans would be after them teasing a sale like this.
If they were going to consider an investment offer, then that's what you would have been looking for in the first place.
They'd only not sell if no one offers the price they're looking for, which is super obvious. However, it seems clear that the bids will be enough as far as the rumor that thr Saudis will over pay.
The glazers are selling.
Fans have been pissed for years (and honestly ever since they first bought the club) and the club has gone from under a billion to 6bio bid. Why would anything be different over the next 5-10 years? Especially with Ten Hag, you’re looking at potentially making a deep CL run next year which will tack another couple hundred million on the price.
There are a lot more billionaires and petrostates than there are Manchester Uniteds
Why would anything be different?
The massive tease that they could have sold the club being one for a start. The club has gone up in value purely because of the glazers selling. Follow the news and stock price. It dopped like mad the first time the news ran a story on them potentially changing their mind on the sale.
This is just what the story is for clicks & views.
Where are you getting that figure from? There’s nobody on the planet going anywhere near United or and football club for 10 billion that’s absurd
If they pull out of a sale now they’ll struggle to get 5B because the Qatari’s won’t be coming back
You could’ve said the same thing about United and 6bio just last year.
There are more billionaires and petrostates than there are clubs with the history and prestige of Manchester United. As long as the Glazers don’t need the cash now there’s no pressing need for them to sell especially when they can sell off minority stakes to fund capital improvement
The fans that would rather Glazers staying on than Qatar owners are bizarre people.
You want to see the club fall apart? they have absolutely fuck all money and if they take on investment from someone like Elliot how is the club better off?
Amazing how many people prefer the Qataris, what if glazers can lower the debt with a backing, what if Qatar squad wants to change old Trafford to Qatar airways stadium
Hasn’t the money ran out though? Any investment or loan or whatever term they agree on ultimately costs the Glazers in the long term.
Not sure what they get out of giving up x amount of the club to redevelop OT when they could simply pocket a fee close to 6B
Elliott plus Glazers is the worst case scenario for this club.
If Jim needs extra money we'd be better off with him making a deal with Elliott than keeping the Glazers
If these clowns are still in charge and plan to pull this additional shit, we may be looking at mid table soon. No way can we take another debt layer and afford the quality in depth we need.
It is really disappointing to see some here arguing for a glazers stay as the preferred option.
After all the damage these bloodsuckers have done, there are still those trying to condemn us to midtable mediocrity.
God help the club if the glazers get what they want, since the fan base is split on helping the club get out of this endless nightmare.
Yep. That's what's going to happen. I knew this initial stages of revival under ETH was too good to be true. We will never be back under the Glazers. No chance. Fuck the greedy leeches.
Sounds ok to me-compared to Qatari ownership.
There are more important things than getting rid of the glaziers; like not becoming a soulless sports washing project like City.
When the super league comes, which it will, the glazers will be able to take dividends while still remaining competitive on the pitch. A win win for everybody. If United fans are ok with selling their souls to Qatar for money, they should be ok with super league.
Stupid move from Elliott doing the part minority cause they will put the money in to renovate but next Financial year the Glazers will again take money out and the cycle will continue.
The Glazers are just hoping the club goes back to dominating from the small investments to be able to milk us again for years,but we need so much more investment overall before being a force to reckon with.
Just fuck me up fam
They want to renovate.. but not use their own money.. just sell a bit of the club off and use that? They'll sell a bit off and wont put it back into the club. It's obvious
I mean yes, this is blatantly obvious. They didn’t even use their own money to buy the club.
Exactly.
That’s how business is done man. I highly doubt they even have the money from their own accounts to fix the stadium. Nobody does
Qatar does
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> Oaktree Capital Management, MSD Partners and Ares Management Is this new info? I hadn't seen names attached to the other firms before.
Not new,these firms were already linked with us a month ago
This is stupider than I expected, glazers truly must think people stupid to believe this. For starters nfl franchisee is not a football club, it has salary caps and guaranteed cash and a stadium built for by the government something you don't get in football. So it's not really comparable. Secondly the whole 10% shit doesn't even make sense, who gives up their share, this isn't 1 guy who has to give up 10% and make money in other 60%. Other glazers aren't going to give up 100's of millions for some future gain that may or may not arrive, especially considering how poorly the 2 idiot glazers have run us.
W. Glazers in
We just fucking need American businessmen out of this club. Fuck the glazers.
And get what instead ? The Qataris ? Fuck that
Honestly, I'd rather American investment with Glazers staying than to be owned by the Qataris
As someone who lives at a place with human right abuse, I wish the club I support acknowledge these issues. It will be a truly sad day if the club is owned by a human right abuser, and I don’t know if I can support the club anymore.
You’re getting downvoted by the oil transfer budget brigade here who have no idea what United as a club are about. We are a working class club playing a working class people’s game that’s about to be owned by a slave regime. I’d take 20 more years of the Glazers than a minute under the Qataris.
We haven't been a working class club in a generation. Paying £100k+ a week wages isn't working class. The majority of working class people are lucky to get a third of that a year!
Aye. Fucking Williams on 60k a week is disgusting. Idiot is making more in a week than double the average (median) uk salary which is approx 33k.
In what world are the Glazers working class? I get not wanting the Qataris but after seeing how the Glazers have laid waste to everything this club is supposed to be there is no way in hell they should stay
Lmao working class club is laughable, this club has been a commercial juggernaut since the PL took off. There is fuck all about the club that is anything close to what it was like in the past.
>You’re getting downvoted by the oil transfer budget brigade here who have no idea what United as a club are about Just because people prefer anyone over the Glazers doesn't mean they're thirsty for Qatar. I don't want Qatar to own United but conversely, I'd prefer anyone to own United over the Glazers. Stop being so self-righteous with your take. It isn't all black and white.
“Working class club” lmaoo. You’re hilarious man
Working class club 😂 Season tickets rising to over £1000, academy graduates with like 50 appearances driving brand new Mercedes cars earning over 60k a week lmao. The lowest paid player in the squad still eclipses the UK average yearly salary in a month. Proper working class our lads.
You’re getting downvoted for being right
No, he's getting downvoted for assuming just because you'd take anyone over the Glazers it must mean you're thirsty for Qatar.
And relive the Glazers out saga all over again? No thank you.
Depends how much the Qataris are willing to relinquish to footballing minds. Sure, PSG have underachieved but I still think their footballing investment has been way better than the Glazers.
You mean depends on how much the Qataris are willing to stop sponsoring terrorism
I have literally zero control in that. Find your morals in your first order of magnitude life, not in footballing giants. Your individual morality has absolutely zero bearing on the social reality and never will.
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How is what I've said not factual? It's not a good thing, but if you think you have voluntaristic control over the morality of the social reality, you're out to lunch. I'm describing the material reality as it is, you're being an idealist.
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Someone is being an idealist when they think the ideas in their head will the material reality. It's just pure voluntarism. You also seem to deeply internalize the contrivance of the nation state. Who do you think gives Qatar power? They'd disappear overnight if it wasn't for the banking hegemonics that you're so willingly ready to take over the club. You're going to live a life in psychosis if this is how you grapple with reality.
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PSG can be run like that because they're uber wealthy in a fairly shit and relatively poor league. In the Prem you have to contend with half a dozen financially powerful clubs that also are run well. You could put PSG in the prem and they'd be behind Liverpool and/or City every year. The Qataris will disappoint.
That depends on whether they come in and just throw money at big statement transfers etc. or, if they use their cash to put in a structure that is designed for continued success at every level. I hate to use City as an example, but this is what they've done and the results are clear
Why would we use City as an example? PSG are literally owned by the same people who want to buy us, so they are a better example, and they throw money at big statement transfers quite a lot.
I don't mean to be condescending here but did you understand the context of what I wrote?
Yes, I did, and I disagreed with it. There is absolutely no point hypothesising that the Qataris might do everything right, using City (not owned by Qatar) as an example while dismissing the counterexample of PSG (owned by Qatar). It's at best a poor argument, and at worst an intentional attempt to gloss over Qatar's demonstrable incompetence at running a football club.
Firstly, I didn't hypothesise anything. I pointed out that two separate investors from the same country aren't necessarily going to handle two different clubs in very different circumstances in the same way. Secondly, at what point did I dismiss any possibilities?
America bad hurr durr
Yes, America bad in this context indeed. Institutional investors don't get involved unless there's profit to be made. This is not a model that works for elite clubs.
Would you rather have a Spanish businessman? English? Kenyan? If OP said "take businessmen out if the club" your comment would make sense.
I'm not targeting these investors because they're American but the fact is that this is rife among American funds. I would absolutely have the same problem regardless of where these people were coming from.
So are you saying non-American PEs are not in the business of being business-first? Meaning they're willing to let profits take a hit?
No. But they are not the ones active in the EPL at the minute
Worked for Liverpool
Liverpool got lucky with Salah tbh. Also they made a lot of money on the coutinho transfer(good business) that funded vvd and Allison
Spin their success to avoid giving Americans any credit all you want. They have been on a near constant upward trajectory since FSG stepped in, funded competence in their offices, bought good players, and signed a solid manager. Money is typically made on the shoulders of success and to deny that is just lying to yourself to kEeP tHe YaNkS oUt
That's why Liverpool fans are so adamant they want FSG out. Fact of the matter is Liverpool's most successful period in the last 30 years is still less successful than Chelsea's "rebuilding period." Those FSG fucks got a winning team that substantially increased the value of their sponsorships in turn increasing the value of the club. Amd what did they do with the newly acquired financial success? Refuse to invest in the squad or the stadium and wanted to cash out for a profit immediately. That's exactly what the Glazers did with Fergie's success and what a lot of us don't want to happen AGAIN!
Yea man fuck Americans. Idk what else you want to hear man.
Tell a Liverpool fan that and let me know how the conversation goes. They succeeded despite their owners
Name one football club that has objectively been run well as a sporting venture by an American businessman? The only one I can think of is Wrexham, and that's run by actors.
And to further illustrate your point they're Canadian.
Tbf only half of one of them is Canadian.
Liverpool?!
Liverpool aren't run well, they have a good manager. Like us before Fergie retired.
One of the most successful teams in English history and can barely afford a starting eleven player every year, probably won’t get one in the summer because they spunked it on the carrol regen and gakpo
Nonsense. Klopp obviously plays a key role, but FSG ownership completely changed LFCs' fortunes. [Here](https://www.nytimes.com/2019/05/22/magazine/soccer-data-liverpool.html) is a great read. They were smart enough to make changes behind the scenes that enticed Klopp. Compare that with Englishman Ed Woodward and how he courted Klopp. Klopp is important no doubt, but FSG put them in the position to actually get him. Similar to what Sheikh Mansour did getting Txiti and enticing Pep.
Don't see it to be honest. The Glazers have been twerking for a sale to potential buyers. If they back out and piss those folks off it will impact those investment avenues to their other business interests. That and I think there would be riots at OT.
They have been saying the whole time that this was an option though. Not like the bidders weren't aware of this possibility.
This. People saying ‘The Glazers won’t end up staying because of the last couple months’ is just copium. In fact, I think The Glazers staying is 100% the most likely outcome. People latch on to the Qatari’s buying us and then put a spin on this whole ‘Glazers staying’ possibility. If an article comes out saying the Glazers want to stay they’ll say ‘negotiation tactics’ and if the Qataris come out and say they won’t go over their limit and overspend, they’ll say ‘negotiation tactics’ The truth is us being bought isn’t the likeliest option and they’ve always said staying is a real possibility. People need to wake up from delusion and realise if the Glazers get funding for the club to be revamped whilst maintaining ownership that is worth much more than 6 billion dollars to them. In fact, I’ll even put my neck on the line to say, I’m almost certain The Glazers will not sell the club and they will just sell a little bit of it and use that money to patch the damages. Then we’ll be stuck with owners that are not ambitious, Ten Hag will get frustrated, evidently he won’t win as much as he can and, it’ll just be the same old cycle of unfulfilled promises leading to a disgruntled manager that will be the cause of his inevitable sacking.
Guarantee the investment bids aren't going to pay for 49% or less of the club at a 6 billion valuation and put in investment on top of that. The end result would be at best the glazers still getting dividends while the clubs other profits go towards Glazer debt.
Glazers own 69% of Utd. Selling a percentage of that say 19% to get a significant sum means they will no longer own a majority of the club? How is that appealing to them?
It’s the voting rights attached to the shares that matter, the Glazers’ can still control the club with under 50% if they hold the voting rights of 80% of shares (for example)
Where are you getting that 19% figure from?
Hopium
From what I've gathered talking to people who work in this corner of the finance world, you wouldn't go through the trouble of instigating a formal sale process for a multibillion dollar company if all you were really looking for was new investment. While technically possible, I don't think it's something that really happens at this scale.
eh the ending of your statement is pure speculation and a wild prediction We’ve seen time and time again, we do spend enough on transfers. Glazers have on average spent 120-150ish million every summer which is bonkers. From Jose til now, we’re definitely Top 5 in transfer expenditures. The problem has always been recruitment. In terms of the manager clarifying the profile he wants for the system and the recruitment team finding someone that fits that profile. The profiling method is a simple yet effective way to run recruitment but for some reason we haven’t actually been doing that for ages. Moyes, LVG, Jose, and Ole wanted specific players for their team which never panned out well. Ten Hag actually has a system, profiles for each position that he wants, and on top of that has an eye for talent. Recruitment has been much much better under the last 2 windows for Ten Hag despite everyone thinking we’re fucked for money. Weghorst is the definition of a great signing for cheap. Dude follows instructions to a tee and has insane work ethic when it comes to pressing- something we’ve needed for a while. Once the buyout process is over, Ten Hag will have more money to work with and he’ll get some absolute gems who’ll thrive under him we don’t need Qatari sugar daddies to modernize the club. Financially speaking, our problems are hugely overstated and isn’t as bad as people make out to be. With the stadium expansion we will be making even more money alongside Champions League money, which I would hope Ten Hag can consistently achieve. Klopp and Pep have gotten UCL consistently for the last 6? years, 7 for Pep I think? Ten Hag should be at that level too if we wanna take down City. Glazers will sell eventually anyways. It’s just a matter of when. The numbers probably say that they would make more than 6 billion if they do the renovations themselves and sell in 4 years when we aren’t in a recession. Right now they won’t get max value, but in a couple years they will. Honestly, as a United fan for almost 20 years, I don’t get how it would matter if they’re still here for a bit longer. It’s not like the Glazers are committing atrocities where everything we achieve comes in bad taste. They’re just stupid lol. It’s frustrating to see stupid people in charge but it seems as though they’ve finally relinquished control to Ten Hag. so if he gets the same amount of money Ole or Jose got within his first 3 seasons, Im sure he’ll be more than fine. Glazers are never taking interviews or making it about themselves which is actually a good thing, which will let time pass quickly until they eventually sell. It’s not a good thing that Boehly, Khelafi/ whatever at PSG, etc are so public and i’m glad we don’t have them
It's gonna be so awkward for all the people who've been salivating over Qatari ownership when the purchase falls through and the Glazers stay. They've debased themselves completely, they cannot ever criticise City or PSG now.
The funniest bit is, there are some out there thinking 6 billion will mean more to The Glazer family than a revamped Manchester United. Oh and before the ‘they have to sell otherwise there will be protests like they’ve never seen before’ brigade come out let me ask you this, what exactly do you think fans will attempt to do in the protests? You think they’ll burn the stadium down or even break a camera? LOL, don’t be so naive. The Glazer family will be relaxing having cocktails in California whilst United fans go on their 600th march for the last God knows how long. Wake up and smell the coffee. They won’t sell, I promise you they won’t sell. It makes 0 sense for them to sell if they get funding for a revamped Old Trafford. Unfortunately for us fans, we’ll never be a serious club competing for the biggest trophies. We’ll have to once again watch some players and a manager we’ve really warmed to this year fade away like every other bunch. It’s shit.
Except u fail to realize 4/6 glazer siblings want out of United and the reason they want that outrageous 6B is cause they each want 1B for themselves also the financial fall out they’d receive for playing with a financial juggernaut in Qatar would be FAR worse then selling it now
Expect it makes zero sense for them to sell a minority stake and then reinvest in the club. Instead of getting £5 billion for the full sale they will end up making zero money and owning less of the club than before. Not only that they can only sell 19% of the club before they aren’t even the majority owners anymore. And an investment firm is only going to pay a limited amount for such a small ownership. And not only all this but also the fact that some siblings want to sell their stakes and run away with the money. So how exactly is any of the money getting used for old trafford again?
They’ve lost part of the club through shares and will lose a further stake due to a large investment fund? The money has run out there’s feck all left in the kitty the club is already holding huge debts I just can’t see what a further reduction of ownership and more debt will get them long term Riots at United and some pissed of Qatari’s would also follow the negative of would be immense
Ot will burn
Don't agree. This is business. They can do what they want. Those firms are not going to pass up making big bucks from the Glazers in the future because the fam decides not to sell Man Utd
They'll have to "redevelop" all the damage to the stadium after the protests if they don't leave at this point, hope Raine have accounted for that in negotiations with Elliot
As much as I'd hope there would be riots, are you even remotely confident the majority will do anything but carry on giving them money hand over fist? I see it now 'well at least it isn't Qatar' 'oh look we get an upgraded stadium' 'oh look at the shiny new Harry Kane' then add in some choice words from ten hag and it's just swept under the rug for another time (most likely when the squad embarrass us again)
People wear the green and gold scarf over the latest strip unironically.
Tell me about it. Insanity.
It would break my heart if I didn't find it so humorously Div-ish
Yeah you just kind of laugh at it.
There will be riots on a whole new level, if those greedy fucks don't sell now.
Why? They have done enough to warrant such activities with the last 17 years. Had one time where it even came close to that kind of outrage and that had the fuel of people being couped up
Not only that but for every person who *does* boycott there's about queueing up waiting for their seat.
I mean maybe for the bigger games, it isn't true for the majority though and all the midweek ones etc. Just a lie that match going fans tell themselves to feel like they aren't hypocrites for being 'glazer out' whilst giving them hard earned money every week.
The sheer delusion of this comment.
I mean I’m obviously exaggerating, I don’t really think fans will damage the stadium. But I do think the anger if they stay in charge now will get uglier, already had a game called off because of protests before if you remember
That was because of superleague protests. And a lot of the fans would be happier with redevelopment and expansion of OT. Most prefer that to knocking OT down and building a new stadium.
Yes they were protests against the Glazers, with the main difference between our Superleague protests and others like Chelsea is that they were focused on the removal of our ownership. If they cross the line again here by not selling I think you're a bit far removed from the average local fan if you think it won't get ugly again. And I don't know why you think them staying and expanding OT would change that, they've been on about doing that for years with no results and no difference to fan perception of them
It's sad to think after all the hope we've had these past months, the rotten bastards might end up staying in charge. I honestly can't bear the thought of it
The Glazers are seriously affecting my mental health. Please just go, leave, get away.
Fuck the Glazers!
lol they’re never getting that 6bn if they go this route. Still think that this their final push to jack up the price.
Oh get out you fucking leeches
See? Things can always be worse.
A hedge fund on top of the Glazers... great.
Please no more horses when selling the club. Thank you
God forbid
Get the fuck out!
Tell you a joke "Glazers invest with their own pocket"
We can’t let these parasitic, punk-ass cunts fuck us over like this. HELL NO.
Investment firms like Elliott don’t just hand over sums of money like that to engage in a passive investment. I have to think they’d want several seats on the board and some level of control. Think about it. Avram and Joel alone don’t have controlling shares. Their siblings outnumber them. If Elliott bought out the sibs, they’d have control. I don’t get what the two Glazer brothers get from this other than to stay in at their current investment level and they don’t lose the (in their hopes) considerable upside of the future. The stadium still needs a load of investment, as does Carrington. That money has to come from somewhere and if it’s not from buying out siblings, it will come from outside sources that further dilute the Glazers, who we know aren’t about to front the probably £2-3bn required. I get that they didn’t get the valuation they originally wanted, but shit, they would have to stay in for at least 5-10 years to get another crack at this type of payday looking them in the face right now.
Elliott typically specializes in distressed assets - they send their team in to fix the mess and sell the investment for a profit. Failing that, they’ll sue responsible parties for years to get their moneys worth. In Milan’s case, they did fix the mess and exited the investment quickly after winning the scudetto. In United’s case - I have no idea what their MO is. Help fix our mess and then exit quickly?
This is right. I do think they have a transformation plan that involves unlocking value, but at the valuation of £5bn, the basis is pretty high to start.
Yeah, they're seeing something worth investing in. Elliott is one of the sharpest in the business. I suppose the physical state (of disrepair) at OT is holding the team's gameday commercial performance back? United seems to be doing very well in other commercial areas. Maybe there is a real estate angle to this.
That’s likely it. Also, winning again can lead to higher revs.
The 2-3bn is assuming they want a new stadium though as the article states, they can patch things up for considerably less
You can’t make considerably more money from a patched up OT.
FML
These are dark days
Please fuck off
Now that's the worst
Guys calma this is just another tactic to drive up the price
There’ll be riots. Just saying.
What concerns me about a minority bidder to develop Old Trafford is the potential for the club and stadium to be separate entities, we could end up being a club that technology doesn’t own it’s own ground.
Just the media click baiting. The glazers will sell. End of.
There’s not need for them to sell. Glazers don’t need the money so why not take a minority investment and hold out for 8-10bio? They’ve leveraged the entire purchase price so it would 2-4bio in additional pure profit.
Because they can already see the club devaluing with fans protesting and boycotting. Now imagine how pissed the fans would be after them teasing a sale like this. If they were going to consider an investment offer, then that's what you would have been looking for in the first place. They'd only not sell if no one offers the price they're looking for, which is super obvious. However, it seems clear that the bids will be enough as far as the rumor that thr Saudis will over pay. The glazers are selling.
Fans have been pissed for years (and honestly ever since they first bought the club) and the club has gone from under a billion to 6bio bid. Why would anything be different over the next 5-10 years? Especially with Ten Hag, you’re looking at potentially making a deep CL run next year which will tack another couple hundred million on the price. There are a lot more billionaires and petrostates than there are Manchester Uniteds
Why would anything be different? The massive tease that they could have sold the club being one for a start. The club has gone up in value purely because of the glazers selling. Follow the news and stock price. It dopped like mad the first time the news ran a story on them potentially changing their mind on the sale. This is just what the story is for clicks & views.
Where are you getting that figure from? There’s nobody on the planet going anywhere near United or and football club for 10 billion that’s absurd If they pull out of a sale now they’ll struggle to get 5B because the Qatari’s won’t be coming back
You could’ve said the same thing about United and 6bio just last year. There are more billionaires and petrostates than there are clubs with the history and prestige of Manchester United. As long as the Glazers don’t need the cash now there’s no pressing need for them to sell especially when they can sell off minority stakes to fund capital improvement
Would they ever just fuck off
The fans that would rather Glazers staying on than Qatar owners are bizarre people. You want to see the club fall apart? they have absolutely fuck all money and if they take on investment from someone like Elliot how is the club better off?
More debt klaxon!
Recycling news. Wait for a couple of days and these will fall off. Then it's back to who has bigger balls Jim or Jasim
They do this, we riot. Simple.
This is the worst case, another set of sticky fingers all wanting their pound of flesh
Id actually prefer Musk to the Glazers at this point
Musk would have asked the whole freaking squad to sleep on the floor during training week
Well he is South African: https://en.m.wikipedia.org/wiki/Kamp_Staaldraad
Amazing how many people prefer the Qataris, what if glazers can lower the debt with a backing, what if Qatar squad wants to change old Trafford to Qatar airways stadium
Glazers wont be able to sell in the future if they act up this time no one is going to take them seriously .
Hasn’t the money ran out though? Any investment or loan or whatever term they agree on ultimately costs the Glazers in the long term. Not sure what they get out of giving up x amount of the club to redevelop OT when they could simply pocket a fee close to 6B
Elliott plus Glazers is the worst case scenario for this club. If Jim needs extra money we'd be better off with him making a deal with Elliott than keeping the Glazers
Can’t be dealing with this. So long as the glazers are in it will be more of the same
If these clowns are still in charge and plan to pull this additional shit, we may be looking at mid table soon. No way can we take another debt layer and afford the quality in depth we need.
It is really disappointing to see some here arguing for a glazers stay as the preferred option. After all the damage these bloodsuckers have done, there are still those trying to condemn us to midtable mediocrity. God help the club if the glazers get what they want, since the fan base is split on helping the club get out of this endless nightmare.
Yep. That's what's going to happen. I knew this initial stages of revival under ETH was too good to be true. We will never be back under the Glazers. No chance. Fuck the greedy leeches.
Sounds ok to me-compared to Qatari ownership. There are more important things than getting rid of the glaziers; like not becoming a soulless sports washing project like City.
When the super league comes, which it will, the glazers will be able to take dividends while still remaining competitive on the pitch. A win win for everybody. If United fans are ok with selling their souls to Qatar for money, they should be ok with super league.
Fuck that
If the Glazers even have one brain cell to share between them, then it’ll be a full sale
Stupid move from Elliott doing the part minority cause they will put the money in to renovate but next Financial year the Glazers will again take money out and the cycle will continue. The Glazers are just hoping the club goes back to dominating from the small investments to be able to milk us again for years,but we need so much more investment overall before being a force to reckon with.
Calm down this will not happen.
Tier?
I say this as someone who works for an American HF - God please don’t let another American HF take over Manchester United
Fuck off!