Join the Green & Gold Revolution!!

I have no problems with the sentiments but to think that supporter ownership is realistic is a bit naive
 
Meh, it would be funnier to see a bunch of Utd fans all pour in a few thousand, buy the club, be unable to invest and eventually screw it up massively due to 50k people not being able to manage collectively in any decent way. Than of course see them massively in debt, two american's making a killing, and Utd still winning a lot of crap all the time.
 
jakeke said:
Is it only me who is finding this all laughable and cringeworthy
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Nope i find it hilarious to say the least...cant see Utd being financially viable if this group ie the red knights get to buy out the club....but if it causes them to self destruct then thats not such a bad thing:p
 
Spawn said:
Nope i find it hilarious to say the least...cant see Utd being financially viable if this group ie the red knights get to buy out the club....but if it causes them to self destruct then thats not such a bad thing:p
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I took Beerbaron to mean he thinks they'll implode as they are now, which is certainly a possibility, but it would be FAR more fun if they imploded with the fans in change mismanaging things badly, because they'd have no one to blame for it at all.
 
drunkenmaster said:
I took Beerbaron to mean he thinks they'll implode as they are now, which is certainly a possibility, but it would be FAR more fun if they imploded with the fans in change mismanaging things badly, because they'd have no one to blame for it at all.
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Of course it would be much more fun to see a group of supporters run Utd into the ground...i dont get it though, the owners are making sure they are successful and winning things but a select group want to buy the club and give them less chance of winning things:confused:...cant see the logic in that in all honesty...sure id hate to have them in charge of Arsenal and thank god we havent but u would think the supporters would be more supportive of them lol.

K1LLSW1TCH said:
Why can't Mike Ashley buy them ffs?
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LOL now that would be hilarious beyond all doubt:p...better still why cant they have dodgy 'arry redknapp in charge...he would systematically destroy Utd from within with his dodgy dealings;):p

Saying its being reported in some papers that it will take in excess of £1.5bn to even get the Glazers to consider or mull over the idea of selling the club to this group.
 
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When they say supporter ownership they don't mean the MUST members- the 'Red Knight' group (and I find that term a bit cringey) are a group of businessmen with an actual interest in United.

The business model seems to be a return to the PLC days, albeit not listed on the stockmarkets.
 
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Yeah they don't mean fans who go to the games, they mean businessmen who have £1billion to spare and like Man Utd enough to throw some money at it. There aren't many people on the earth who fit that bill unfortunately and the ones who do have the money would much rather buy the likes of Man City/Chelsea as there is little/no previous debt.

Man Utd might struggle to find truly good owners.
 
surely to a brand new investor, the debt is actually immaterial anyway

The value of any company is (reasonably) easy to work out from the company accounts - but reportedly Utd could cost anything upto £1.5bn

Whether the company is in debt or not, as the Glazers own 100% of it, the whole amount paid by Red Knights would go to the Glazers via paying off the debts so they just walk away with £700m (or whatever the debt is worked out at/negotiated at ) less than the amount of the deal

Obviously they will want /insist on more than the £300m (or there abouts)cash they originally put in in 2005

edit they could easily walk away with double their money


Spawn said:
Of course it would be much more fun to see a group of supporters run Utd into the ground...i dont get it though, the owners are making sure they are successful and winning things but a select group want to buy the club and give them less chance of winning things:confused:...cant see the logic in that in all honesty...sure id hate to have them in charge of Arsenal and thank god we havent but u would think the supporters would be more supportive of them lol.

.
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Understandably, coming from a non supporter , maybe you are only considering the here and now, which is exactly what the Glazers have done - supporters of the club can see the future being a black hole how its currently being run with no investment in the team and all the people we have relied upon (like Giggs, Scholes, Neville and VDS) all about to retire in the next year or two at best.

Getting that kind of quality again could easily cost £100m without thinking about Vidic /Rio/ OShea/ partner for Rio etc etc etc even if you then say get decent player and a (cheap) youngster - it will easily be that amount of money.

The glazers (as part of the bond issue) also want to take out £400m or more over the next 7 years from the club itself, (Thats more than the whole value of Arsenal isnt it (-: ) - in all seriousness no club can afford that happen however top /reward heavy the EPL is.

I totally get the ...issue ....with too many "owners" not agreeing and therefore not getting anything done, but hopefully with REAL supporters (not people in it to take masses of money out) in charge this wont happen
 
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Why are man utd fans buying Norwich City scarfs and still attending Man Utd games? I know Carrow Road is full each week even in Division 2 but come'on.
 
FrankJH said:
surely to a brand new investor, the debt is actually immaterial anyway

The value of any company is (reasonably) easy to work out from the company accounts - but reportedly Utd could cost anything upto £1.5bn

Whether the company is in debt or not, as the Glazers own 100% of it, the whole amount paid by Red Knights would go to the Glazers via paying off the debts so they just walk away with £700m (or whatever the debt is worked out at/negotiated at ) less than the amount of the deal
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It's not that simple, it's the club that is in debt not the Galzers they will want a massive sum of money for the club and will expect to sell the debt with the club so the new owners take it on. The potential buy out has nothing to do with repaying the money as that is owed by the club to the banks.

The way the Glazers are running the club is very clever as they are consistently taking money out and pocketing it whilst loading the business with debts that they are not responsible for.

I find the whole green and gold thing a bit cringe worthy though especially as it spreads from the hardcore fan base into the arm chair and glory supporters up and down the country. I'm surprised the club shop hasn't started stocking them to cash in and definately wouldn't be surprised to see a green and gold away shirt next season, it would be a quality micky take from the managment!
 
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thing is.. the club cannot get any more sucessful than it has been 3 league titles, 1 european cup, final next season... korean player, brazilians etc plus the 'face' of english football in Wayne Rooney...

and we are STILL in huge debt. we have plataued. there is no way other than down from here.

no big club has ever sustained more than 10-20 years of dominance i dont know if it is even possible to carry on as we are for 5 more years.

so if our profit is to small and our debt is too large - talking about man utd as a business hopw can it ever recoup and pay off that debt to get rid of the interest burden?

it cant, it wont, its not possible.
 
Real Madrid have dominated pretty much for 100 years or so, it can be done! (I realise this sounds quite stupid given last nights game)
 
exactly...

i mean we have seen eras.. the 50's/60s real madrid... early 70s - Ajax, the 80's liverpool, the 90's Milan, the fragmentation of the 00's

sure real are still a big team - not saying that UTD would do a N' Forest however - but that any revenue streams that are open have already been hit up to the maximum - i.e we have peaked - we can get no better....there is nothing else to compete for or win that would provide substantial gains over what we currently earn?

therefore if we are losing money now (but as a business making a modest profit) nothing will actually turn that around...?
 
Nickg said:
thing is.. the club cannot get any more sucessful than it has been 3 league titles, 1 european cup, final next season... korean player, brazilians etc plus the 'face' of english football in Wayne Rooney...

and we are STILL in huge debt. we have plataued. there is no way other than down from here.

no big club has ever sustained more than 10-20 years of dominance i dont know if it is even possible to carry on as we are for 5 more years.

so if our profit is to small and our debt is too large - talking about man utd as a business hopw can it ever recoup and pay off that debt to get rid of the interest burden?

it cant, it wont, its not possible.
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There's no intention to repay the debt as far as I can see, just a case of managing it and keeping the team successful until they can sell the club for the biggest profit possible.
 
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