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  • 2 May 2012 7:35 PM

    Re: Glaziers leeching reaches half a billion!

    weareno1:
    iam_kramer:
    saw this earlier, it's quite sick when you see it in a figure. it has gone to the debt though... probably
    think most of it has. as far as i am concerned, there is no excuse for not investing in quality this summer

    bit of a paradox, we need to pay off the debt but we need the revenue coming in of a team that's winning things and money is needed to maintain such a team. we'll see in the summer, i think we need reinforcements.

    Reply
  • 2 May 2012 7:16 PM

    Re: Glaziers leeching reaches half a billion!

    What you're failing to point out is the other side of this, you're posting bad things about the Glazers and believe me there are many but our debt is not actually United's debt it's on a holding company, it is their debt, you're also failing to mention we have £120 Million in cash in the bank for transfers, you're also failing to mention, we had over £80 Million to spend last summer but Ferguson got who he wanted and told them to pay the rest off on the debt, what you're also failing to mention as well! is the fact that the Glazers have boosted our worldwide revenue by nearly 40% over the last 5 years, made us more investable as a business, boosted us to 2.2 Billion net worth and are going to float 600 Million on the stock market to completely clear the debt and give us 300 million to play with that the FFP have no say over as we earnt it fair and square, in 3/4 years time we will be a massive spending powerhouse and if you do not believe that, look at two sides to the story (there was a fantastic post on here a month or so ago about this exact post).

    Not saying the Glazers are amazing, because they are not, they are business men and they have made us a more profitable business and a much better investing oppertunity, look at the deals from DHL (all down to the Glazers) the new Nike deal which is going to be worth a tonne of money (all down to the glazers) etc. Like I say, the whole Glazer thing is massively blown out of proportion by the media saying we're in massive debt, Barca and Real are in much more debt than us and financially, we're one of the most profitable football clubs in the world, we spend hardly anything every transfer window because we bring in players to nurture and have a massive sell on fee, that's what we always do, if Ferguson wants money, he gets money, the Glazers have money to pump in if needs be, look at the Tampa Bay Bucs, the Glazers investment into them just got a massive revenue boost to get expensive players, if we want to, we will buy high profile players but if you're asking for £40 million for a 28 year old (Sneijder) or £50 Million for a 27 year old (Modric), 80 Million for an unproven player (hulk) is there really any value in the market? It's over inflated and we find deals, if we buy a £7 million player and he turns out to be a flop, fine, if we buy a £40 Million player and he turns out to be a flop, who are we going to be more bothered about?

    Get real, as soon as the debt is cleared by this floatation which WILL happen, we'll be a massive spending powerhouse and we'll be able to lure players again, plus we have a strict wage structure in place so we never go into liquidation if investors back out, at present, if Abramovich backs out of Chelsea or Shake Rattle and Roll backs out of City, they would be in the conference league in 4 seasons, 85% of Chelsea's profits go on Wages, 115% of Citys profits go on Wages, 35% of our profits go on wages... See what i'm getting at, if we buy players who are demanding £200,000 a week and we buy 3 players all high profile doing that, we would be in trouble.. Personally, I like our way better.
    Come Rain or Shine I'm A Red Til I Die
    Reply
  • 2 May 2012 7:00 PM

    Re: Glaziers leeching reaches half a billion!

    mark.k.:
    With any other manager, United would have been mid table this season. (look at Liverpool)
    You know...this is one of the things that really worries me about United's current situation. People keep saying that they don't want to go down the City/Chelsea route - it seems mainly because of the many changes in manager etc. We have no way of knowing what the Glaziers would have done if it was someone other an SAF. We might be on our fifth or sixth manager and spiraling down the table.

    In my opinion with the Glaziers still in charge without the massive knowledge and standing that sir Alex has will be absolutely disasterous...ten fold what it is now.

    Reply
  • 2 May 2012 6:41 PM

    Re: Glaziers leeching reaches half a billion!

    Gavin2011:
    Stunaldo:
    LMAO you lot moan if the debt rises, and you moan if we don't sign players... You see whats wrong with that?
    Is that not the point though? the debt comes from non footballing things.
    Dw. I couldn't see any sense in his post either.
    Ronny come home
    Reply
  • 2 May 2012 6:28 PM

    Re: Glaziers leeching reaches half a billion!

    What you're failing to point out is the other side of this, you're posting bad things about the Glazers and believe me there are many but our debt is not actually United's debt it's on a holding company, it is their debt, you're also failing to mention we have £120 Million in cash in the bank for transfers, you're also failing to mention, we had over £80 Million to spend last summer but Ferguson got who he wanted and told them to pay the rest off on the debt, what you're also failing to mention as well! is the fact that the Glazers have boosted our worldwide revenue by nearly 40% over the last 5 years, made us more investable as a business, boosted us to 2.2 Billion net worth and are going to float 600 Million on the stock market to completely clear the debt and give us 300 million to play with that the FFP have no say over as we earnt it fair and square, in 3/4 years time we will be a massive spending powerhouse and if you do not believe that, look at two sides to the story (there was a fantastic post on here a month or so ago about this exact post).

    Not saying the Glazers are amazing, because they are not, they are business men and they have made us a more profitable business and a much better investing oppertunity, look at the deals from DHL (all down to the Glazers) the new Nike deal which is going to be worth a tonne of money (all down to the glazers) etc. Like I say, the whole Glazer thing is massively blown out of proportion by the media saying we're in massive debt, Barca and Real are in much more debt than us and financially, we're one of the most profitable football clubs in the world, we spend hardly anything every transfer window because we bring in players to nurture and have a massive sell on fee, that's what we always do, if Ferguson wants money, he gets money, the Glazers have money to pump in if needs be, look at the Tampa Bay Bucs, the Glazers investment into them just got a massive revenue boost to get expensive players, if we want to, we will buy high profile players but if you're asking for £40 million for a 28 year old (Sneijder) or £50 Million for a 27 year old (Modric), 80 Million for an unproven player (hulk) is there really any value in the market? It's over inflated and we find deals, if we buy a £7 million player and he turns out to be a flop, fine, if we buy a £40 Million player and he turns out to be a flop, who are we going to be more bothered about?

    Get real, as soon as the debt is cleared by this floatation which WILL happen, we'll be a massive spending powerhouse and we'll be able to lure players again, plus we have a strict wage structure in place so we never go into liquidation if investors back out, at present, if Abramovich backs out of Chelsea or Shake Rattle and Roll backs out of City, they would be in the conference league in 4 seasons, 85% of Chelsea's profits go on Wages, 115% of Citys profits go on Wages, 35% of our profits go on wages... See what i'm getting at, if we buy players who are demanding £200,000 a week and we buy 3 players all high profile doing that, we would be in trouble.. Personally, I like our way better.
    Come Rain or Shine I'm A Red Til I Die
    Reply
  • 2 May 2012 5:53 PM

    Re: Glaziers leeching reaches half a billion!

    yeah great situation we're in ..... the 750 million pound debt is slowly coming down .. in about 5 yrs it will b gone ... most of uniteds profits during the glazier ownership have gone to pay off the debt they put on our club. they then sell the club and will probably walk away with over a billion pounds profit for which is basically a ten yr business deal and then the really worrying thing... they sell it to one of their mates who does the same thing they did... borrow the money from the bank and then for the next ten years after that uniteds profits go to paying off that loan aswell.
    Reply
  • 2 May 2012 5:43 PM

    Re: Glaziers leeching reaches half a billion!

    Stunaldo:
    LMAO you lot moan if the debt rises, and you moan if we don't sign players... You see whats wrong with that?
    Is that not the point though? the debt comes from non footballing things.
    At my signal unleash Rafael
    Reply
  • 2 May 2012 5:37 PM

    Re: Glaziers leeching reaches half a billion!

    LMAO you lot moan if the debt rises, and you moan if we don't sign players... You see whats wrong with that?
    Reply
  • 2 May 2012 5:33 PM

    Re: Glaziers leeching reaches half a billion!

    With any other manager, United would have been mid table this season. (look at Liverpool)
    Hindsight is 20 20
    Reply
  • 2 May 2012 5:14 PM

    Re: Glaziers leeching reaches half a billion!

    iam_kramer:
    saw this earlier, it's quite sick when you see it in a figure. it has gone to the debt though... probably
    think most of it has. as far as i am concerned, there is no excuse for not investing in quality this summer
    Reply
  • 2 May 2012 3:32 PM

    Re: Glaziers leeching reaches half a billion!

    saw this earlier, it's quite sick when you see it in a figure. it has gone to the debt though... probably
    Reply
  • 2 May 2012 3:27 PM

    Glaziers leeching reaches half a billion!

    Here we go...another summer and all hopes of big signings start once more. I know that a lot of you will already know this, but this link is for those that don't know the extent of what they have done to our great club. If you are bored with 'another' Glaziers post, or already know this then I APOLOGIZE and please stop reading.

    If you have not read this, or think they are great for the club...just give it a read. www.guardian.co.uk/sport/...sport.../manchester-united-glazers-debt The club has done a brilliant job of cementing the 'no value...no better than what we have' nonsense ito the mindset of most United supporters. I honestly belive that SAF is the only thing keeping us where we are.

    Our play this season has been dire at times, and if Scholes had not come out of retirement the title would have been lost some time ago.

    The lack of investment in the team is now coming home to roost. The debt and the Glaziers wallets come first..the team...transfers and suporters come a very poor second.

    Reply
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