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  • 23 Nov 2009 1:22 PM

    Re: Has UTD run out of financial grunt

    some of the comments are absurd, if you expect to get 80m from the sale of a player, then obviously when you go shopping around prices will be inflated. IF we wanted to avoid this, business should have been done before the 80m sale. HOWEVER with new players on the scene, city, chelski, plus government funded RM, we should be going for younger players.

    Reply
  • 23 Nov 2009 4:36 AM

    Re: Has UTD run out of financial grunt

    The keyword for SAF speech is, VALUE FOR MONEY.

    Romours that some clubs offer 85million Euro to Bayern Munich for Frank Ribery. That's world record after Ronaldo's.

    The market is inflated. That's fact.

    Whenever MU interest in someone, his value will shoot up because they club want to hold ransom against us.

    A youngster maybe worth 3million, will cost 8million if MU enter the bid.

    This all will increase the financial burden to MU.

    We need to buy, but only for the value for money one.

    Obertan seem to be promising and cost little. Key is, he keep Nani out of the bench. Do you know Nani cost us how much?

     

    Keyword, value for money. I don't think Frank Ribery worth more than 35million Euro, let alone 85.

    Reply
  • 23 Nov 2009 3:34 AM

    Re: Has UTD run out of financial grunt

    chris_ie:
    Just because we have the money doesnt mean we dont have to use it wisely. If he goes out and spends £30m on a player who doesnt turn out too good people will complain we spent too much.

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    Point well made

    Do you know the difference between education and experience Education is when you read the fine print experience is what you get when you do not
    Reply
  • 23 Nov 2009 3:31 AM

    Re: Has UTD run out of financial grunt

    It could be true. Economy is down, less people are spending into our coffers. Its only logical that our club start spending wisely and necessary. I believe for every obstacle we face, there's always a bright side to it. Firstly, we get to save more money even though it benefits the Glaziers but it places our club in better financial position. Secondly, we have one of the best youth players in the world. We've invested a lot in them, so this is the time to give them the opportunity to get exposure. Buying players for success is only going to inhibit the progress of pogba, obertan, tosic, fabio, de laet, etc. Thirdly, the prices are very inflated. We've spent 30 mil on Berba and that is considered very expensive. Man City and Real has already inflated the market, we don't want to make it any worse. Paying 35 mil for Benzema is already over his market value. Fourthly, spending on the tsf market does not necessarily translate into success. Man City hasn't really perform well judging on the amounts they spent. They couldn't even beat an already crippled Liverpool. 20 mil pounds spent on average defender Julian Lescott who can't even get a regular place in the England squad is rubbish.

    In conclusion, through frugality, both the club and the Glaziers would benefit. On the other hand, I hope we are not as frugal as Arsenal, and may once in a while splash in the transfer market to look for talented players.

    Reply
  • 23 Nov 2009 1:15 AM

    Re: Has UTD run out of financial grunt

    Just because we have the money doesnt mean we dont have to use it wisely. If he goes out and spends £30m on a player who doesnt turn out too good people will complain we spent too much.

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  • 23 Nov 2009 12:32 AM

    Re: Has UTD run out of financial grunt

    I believe you make a very good point there and by looking at this it would put Gill as one of the main people to shoulder much of the blame for the current financial problems

    Skys offer was accepted by the club but, I found this online have a look ( it seems the club recomended we sell to them aswell )

     Rupert Murdoch tried his luck and seemed to have got his way when the club recommended that shareholders accept BSkyB’s offer. But, after the deal had been referred to the Monopolies and Mergers Commission, the Department of Trade and Industry blocked it.

    Reply
  • 23 Nov 2009 12:22 AM

    Re: Has UTD run out of financial grunt

    4-4-2:
    a PLC or owned by a truly wealthy person or consortium who does not need to borrow money in order to aquire us
     

    You would be suprised at how many wealthy people borrow lots of money, banks and financial institutions love lending money to those who can afford to pay it back.

    4-4-2:
    and they must have a love of football first and business second

    Funny thing about alot of people who get really rich, they do so by loving the businesses they are in.

    but overall yeah I am not  a big fan of the deal and the way the Glazers financed the deal, but nothing much we can do about it now.

     

     

     

    Do you know the difference between education and experience Education is when you read the fine print experience is what you get when you do not
    Reply
  • 23 Nov 2009 12:15 AM

    Re: Has UTD run out of financial grunt

     Because when we where a PLC ( public limited company) and we were  owned by many shareholders the Glaziers started buying up pockets of shares. When they aquired 29.91 % ( i think ) then they had to make a formal offer to buy the club... It was Gill who advised the share holders that the Glaziers were the best opiton at that time. I believe that if Gill had really done his homework and done a long term projection as to what £700m of debt would mean to the club he would have told the shareholders to reject the Glaziers offer to buy up the shares.

    I think but am not sure that as a PLC we were some £300 million in debt. A small and manageable ammount by comparision .

    Also as a PLC we always had shareholders to go to raise funds... now we must go cap in hand to the Glaziers.

    UTD should be one of two things ...... a PLC or owned by a truly wealthy person or consortium who does not need to borrow money in order to aquire us.... and they must have a love of football first and business second.....

    This is my thoughts and opinions they may be wrong so I will stand corected by someone with more information.... thanks.

    BTW was it Gill who rejected SKYS offer to buy UTD ?

    Reply
  • 23 Nov 2009 12:11 AM

    Re: Has UTD run out of financial grunt

    BetterRedThanDead:

    Okay AF has said he will not enter into an inflated market, or is this just an excuse because of limited funds?

    While AF is looking after the Glazer's money what about the spending power of Chelski and City, the sooner City get rid of Hughes the sooner they will realise the potential of their team, there must be a hefty compensation clause in Hughes contract for him to survive this long. The danger is we will be left behind. People won't care Chelski or City bought the title, that will be forgotten the only thing people will remember is the name of the team on the cup.

    Look at Liverpool last year they pushed hard for the title and almost did it, this year they are mid table, financial constraints and forced liquidation of players and no substantial investment has meant they are in decline, is the same thing happening to UTD, the latest financial stats on UTD show the Glazer's have reduced their debt by a whopping 6% how did they do that? Simple prize money and the sale of Ronaldo leaving AF with crumbs, this is the truth there is no money for AF, now the rumour mill has started about Rooney going to Spain just like Ronaldo, a steady drip drip of rumour to get the fans used to the idea.

    No Sir Alex said the targets he is after are available for around £50 million each. No point any club trying to compete with Real, City and Chelsea by paying crazy prices. I for one would not harm the long term health of the club for 1 player who is massively over priced. United have a budget and once the new rules come in about clubs only being able to spend so much of the money they generate City & Chelski will be out of the running for the big deals and United will be big players in the transfer market. Shame some fans want a star player at all costs. The team is doing very well and is being run within the financial limits the dedt imposes. Please don't post rubbish about Sir Alex looking after the Glazers money, as if anything it's the fans money as the Glazers put nothing into the club and are paid to run the club and the fans money is all that is coming in from seats, TV revenues & shirt sales.
    Also please feel free to show where the Glazers have reduced the debt? Maybe the Ronaldo money? Or perhaps another ill informed rant by you?
    Oh and Rooney has no desire to play abroard, he wants to be near his family and roots, so speculation about him has NO solid basis.

    Reply
  • 23 Nov 2009 12:00 AM

    Re: Has UTD run out of financial grunt

    4-4-2:

    Who do I blame ? Gill.... pure and simple.... If you want to know why then ask.

    why?

    the only reason I am asking is I am interested into why you blame David Gill and am intrigued as to if I will agree with you or not

    Reply
  • 22 Nov 2009 11:54 PM

    Re: Has UTD run out of financial grunt

     Who am I to disagree ?..........I cannot believe that if SAF was told he had £ X millions to spend he would have said to his paymasters...... No thank you players are too expensive at the moment I would rather wait and see.....

    Do not give me the stock answer about value for money because I recall SAF setting the spending records on the likes of Rio and Berba... so why all of a sudden would he get a moral spending conscience.

    The truth of the matter in my opinion is he did not have the money to spend...................

    Who do I blame ? Gill.... pure and simple.... If you want to know why then ask.

    Reply
  • 22 Nov 2009 11:50 PM

    Re: Has UTD run out of financial grunt

     To a certain extent we can never compete against privately financed clubs in terms of spending power, however it would be fair to say that were we not making massive debt repayments we would have significantly greater funds at our disposal.

    There is only so much you can do with money, look at Man City or Real Madrid, or even Chelsea. Man City are still highly unimpressive, Real are no better than last season and Chelsea have not had that much success for the money they have spent, look at any of those three teams and ask truthfully how many of their players are better than ours ? 

    Liverpool never bought wisely and haven't had strength in depth, they only lost out last season because Torres and Gerrard were injured. same reason they are failing this season, we have several players of quality and a great youth talent availableto cover every position, some might not be good enough to win us the league but better than Liverpool are doing for sure!

    Reply
  • 22 Nov 2009 11:40 PM

    Has UTD run out of financial grunt

    Okay AF has said he will not enter into an inflated market, or is this just an excuse because of limited funds?

    While AF is looking after the Glazer's money what about the spending power of Chelski and City, the sooner City get rid of Hughes the sooner they will realise the potential of their team, there must be a hefty compensation clause in Hughes contract for him to survive this long. The danger is we will be left behind. People won't care Chelski or City bought the title, that will be forgotten the only thing people will remember is the name of the team on the cup.

    Look at Liverpool last year they pushed hard for the title and almost did it, this year they are mid table, financial constraints and forced liquidation of players and no substantial investment has meant they are in decline, is the same thing happening to UTD, the latest financial stats on UTD show the Glazer's have reduced their debt by a whopping 6% how did they do that? Simple prize money and the sale of Ronaldo leaving AF with crumbs, this is the truth there is no money for AF, now the rumour mill has started about Rooney going to Spain just like Ronaldo, a steady drip drip of rumour to get the fans used to the idea.

    Conquer all before
    Reply
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