ManU Debts out of control! gonna be like Leeds?
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News on UK business world reports that football club ManU debts are spiralling out of control & all revenues are used to pay their debts interests!
http://sg.sports.yahoo.com/070909/1/4b49a.html
Looks like another Leeds in the making!
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Oh no! No wonder some United players are pondering a move to some other top clubs earlier this season! -
serious? oh god oh god!
Man utd to be champion this season again! -
Originally posted by ronaldog:
Maybe it's time they consider the Chinese or Dubai Co offer??
News on UK business world reports that football club ManU debts are spiralling out of control & all revenues are used to pay their debts interests!
http://sg.sports.yahoo.com/070909/1/4b49a.html
[b] Looks like another Leeds in the making! [/b]
And..... maybe become "Man yoou" or "Mani yoo-Uri" -
Yeah! Champions Of Debts .....alrite!Originally posted by chillz88:serious? oh god oh god!
Man utd to be champion this season again!
Nobody can fight one leh! -
heard that ex-Mrs Roman is buying MUFC.
since she got half of what Mr Roman got. why not.. -
Didn't a few Man Utd supporters here (zocoss? Ice fatb!tch?) said that they wish Roman Abromvich buys ManU & makes them the 2nd club to the Blues?
Hmmm..... time to go find that thread & stick it here......
In the meantime, here's e real report!
http://www.newsoftheworld.co.uk/0909_man_united_debt.shtml -
Yes yes! And Chelsea will be relegated!Originally posted by gangsterkillar:Yeah! Champions Of Debts .....alrite!
Nobody can fight one leh!
man Utd wipe out their debt by conquering England And Europe. -
I see a few nicks very dedicated to news about Man U.
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lol, cos they are bad losers .. still sour about Man Utd winning the league last season ..
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ManU unlike leeds will have invester awaiting the momment Glazers family decide to sell it off so we would see another Leeds in making..
and BTW Ice.. no Ex Mrs Roman didn't got 1/2 of Mr Roman's money, think its just around 30million pound or thereabout, but i could be wrong!! -
Originally posted by innosaint:
second club to the Blues? how to? you're not even allow to own more then a team from the same continent let alone same country!!!
[b]Didn't a few Man Utd supporters here (zocoss? Ice fatb!tch?) said that they wish Roman Abromvich buys ManU & makes them the 2nd club to the Blues?
Hmmm..... time to go find that thread & stick it here......
In the meantime, here's e real report!
http://www.newsoftheworld.co.uk/0909_man_united_debt.shtml[/b]
and oh, who doesn't want Roman's money? -
Originally posted by innosaint:
oh, it becoming personal... well, people who sling sh*t, are sh*theads themselves.
[b]Didn't a few Man Utd supporters here (zocoss? Ice fatb!tch?) said that they wish Roman Abromvich buys ManU & makes them the 2nd club to the Blues?
Hmmm..... time to go find that thread & stick it here......
In the meantime, here's e real report!
http://www.newsoftheworld.co.uk/0909_man_united_debt.shtml[/b] -
why worry, their "fans" can pay!
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Originally posted by innosaint:
Please lah, i didn't want to get involve but since i came across this meaningless thread and some clone "quoted" me on something i didn't say or wouldn't want, i have to make it clear...
[b]Didn't a few Man Utd supporters here (zocoss? Ice fatb!tch?) said that they wish Roman Abromvich buys ManU & makes them the 2nd club to the Blues?
Hmmm..... time to go find that thread & stick it here......
In the meantime, here's e real report!
http://www.newsoftheworld.co.uk/0909_man_united_debt.shtml[/b]
Personally, i am happy with the way the Glazer family are running Man utd. Since they came, Man utd have became Champions in the EPL despite the hundred of millions Roman pour into chelsea but more importantly, they don't interfere with the football matters... They leave that to the Managements.
And for this, i am pleased with the Glazer family ownership. But should they decide to sell it one day... I am sure they will probably sell it for more than the $790 million they bought it for... Actually the $600 million debt isn't really a big deal cos Man utd as a club is making lots of money every year... Arsenal are own by multiple owners... If the Glazer family wanted to reduce that amount, they can easily sell 40% of their share to someone else and reduce that sum greatly but they have chose to to continue to keep 100% of Man utd cos the know they will make more in time to come...
So Mr Clone (ronaldog, ultimate_s&l, gangsterkillar, innosaint, Jose23)... Or whoever you are... Please don't waste time trying to flame others in here. -
its no surprise the glazers are paying a lot of interest to the banks. they arent very rich themselves. i bet they bought club with a lot of loans.Originally posted by zocoss:Please lah, i didn't want to get involve but since i came across this meaningless thread and some clone "quoted" me on something i didn't say or wouldn't want, i have to make it clear...
Personally, i am happy with the way the Glazer family are running Man utd. Since they came, Man utd have became Champions in the EPL despite the hundred of millions Roman pour into chelsea but more importantly, they don't interfere with the football matters... They leave that to the Managements.
And for this, i am pleased with the Glazer family ownership. But should they decide to sell it one day... I am sure they will probably sell it for more than the $790 million they bought it for... Actually the $600 million debt isn't really a big deal cos Man utd as a club is making lots of money every year... Arsenal are own by multiple owners... If the Glazer family wanted to reduce that amount, they can easily sell 40% of their share to someone else and reduce that sum greatly but they have chose to to continue to keep 100% of Man utd cos the know they will make more in time to come...
So Mr Clone (ronaldog, ultimate_s&l, gangsterkillar, innosaint, Jose23)... Or whoever you are... Please don't waste time trying to flame others in here. -
if you dont know anything, please dont comment.Originally posted by dragg:its no surprise the glazers are paying a lot of interest to the banks. they arent very rich themselves. i bet they bought club with a lot of loans. -
typical for ManU fans outside Manchester with no real chances of being their season ticket holder to be supportive of Glazer families' involvement in ManU, Glazer families are known to purchase sports clubs make them big then suck out everything from it before selling it away to who ever that can offer good money to them, not fans of football or club just a typical money minded businessman who is only interested in making money. (so i don't see how a football fan like you would be supportive of him, unless you're like what i said on the opening sentence, as for Roman, he might have been alittle too generous with his purchases but at least he is more interested in the football aspect then Glazer families is.Originally posted by zocoss:Please lah, i didn't want to get involve but since i came across this meaningless thread and some clone "quoted" me on something i didn't say or wouldn't want, i have to make it clear...
Personally, i am happy with the way the Glazer family are running Man utd. Since they came, Man utd have became Champions in the EPL despite the hundred of millions Roman pour into chelsea but more importantly, they don't interfere with the football matters... They leave that to the Managements.
And for this, i am pleased with the Glazer family ownership. But should they decide to sell it one day... I am sure they will probably sell it for more than the $790 million they bought it for... Actually the $600 million debt isn't really a big deal cos Man utd as a club is making lots of money every year... Arsenal are own by multiple owners... If the Glazer family wanted to reduce that amount, they can easily sell 40% of their share to someone else and reduce that sum greatly but they have chose to to continue to keep 100% of Man utd cos the know they will make more in time to come...
So Mr Clone (ronaldog, ultimate_s&l, gangsterkillar, innosaint, Jose23)... Or whoever you are... Please don't waste time trying to flame others in here.
600 millions isn't really a big deal??? you gotta be kidding!!! with the interests added in i seriously can't see them fullfilling the loan before they decided to sell away the club.
and also, ManU winning of EPL imho got nothing to do with Glazer families, so please don't credit them for something they didn't do!!! -
Say what you may, the fact that they were willing to risk $790 million of their wealth on a football club few years back was already a good start i would say. Nobody in their right mind was going to take such a risk during those times... When you consider that Liverpool a club as big was sold for about $200m exclude their new stadium. Even with their new stadium, it came up to around $450 - $500 million only and it happen just this year when tv money was just about to roll in. So you could see how big a risk they took.Originally posted by Saltiga:typical for ManU fans outside Manchester with no real chances of being their season ticket holder to be supportive of Glazer families' involvement in ManU, Glazer families are known to purchase sports clubs make them big then suck out everything from it before selling it away to who ever that can offer good money to them, not fans of football or club just a typical money minded businessman who is only interested in making money. (so i don't see how a football fan like you would be supportive of him, unless you're like what i said on the opening sentence, as for Roman, he might have been alittle too generous with his purchases but at least he is more interested in the football aspect then Glazer families is.
600 millions isn't really a big deal??? you gotta be kidding!!! with the interests added in i seriously can't see them fullfilling the loan before they decided to sell away the club.
and also, ManU winning of EPL imho got nothing to do with Glazer families, so please don't credit them for something they didn't do!!!
To be very honest, everyone does it for the money... Even for those who may also love the sport. And believe it or not, even for someone as rich as Roman! Peter Kenyon, their chief executive is working very hard everyday so that they can be profitable as well. And he has also openly came out and said according to their estimation, they will break even by 2009 and probably make it a profitable club after that...
There is nothing wrong with clubs wanting to make money, its a way of life... Football and the EPL is going into a new dimension... Fans should stop living in the 70s or 80s anymore and hope that their season ticket prices isn't going to go up... Football has changed. In the past, probably there was only an owner, a manager and a few others in between... Present day, there are so much manpower needed... Apart from the owner, they have CEO to Chairman to Director of Football and finally to Manager... Chelsea alone have all these... But we are still not counting the others that work below the managers... and finally the present day players salaries... You ask yourself, are they still the same as those in the 70s, 80s or even the 90s?
Present day fans have high demands, the standard of living has also increase, so do they still expect to pay yesteryears prices?
And i find your statement "Glazer families are known to purchase sports clubs make them big then suck out everything from it before selling it away to who ever that can offer good money to them" really strange cos all i know is the only sport club/franchise they have bought is the Tampa Bay Buccaneers in 1995. And to date, they still own it... But more importantly, they have taken the once perennial losers The Tampa Bay Buccaneers to their first Super Bowl victory in 2002.
I personally felt that Malcolm Glazer purchased of Man utd was one of the best thing that has happened to them after a year or two where some major share holders / directors were finding fault with its manager Fergie after a personally disagreement with him. They were putting their personally interest ahead of the club causing all sorts of problems for the team. The club was never their main priority... They just wanted to pressure its manager to drop he lawsuit against them. The club suffer as a result.
Since the Glazer family took over, Man united has become what it used to be, United. Their non-interference with the football matters is something that i respect them for. They leave that area to the people who knows how to run it rather than tell the team manager to add one of his friend or own people into the team like what we see happening over at Man City...
And i am not kidding... 600 million really isn't really a big deal when you consider the size of Man utd and the profit they bring in yearly... Their yearly profits are more than enough to service their yearly loan repayments... The Glazer family don't even need to take out their own money cos the loans are stretch out over a period of years... Present day $600 million would probably mean lesser in value in 5 to 10 yrs time. But the club continue to grow in value by the year. And in years to come when they have completed their repayment to the banks and own it fully... You can imagine how much it will be.
As for the title... I know the players did the job, the manager deserve the credit but the owners also played an important role by not disrupting the team, giving it every support it needed and not cashing in on Ronaldo's new skyrocket value in Jan... It was really very easy to let him go and make a huge profit but instead they were willing to break their pay limit to keep him. Even for this season... Do you seriously think that without their approval we would see Fergie bring in Nani, Anderson, Tevez and Hargreaves for an almost combine fee of $60m? If they were seriously in need for the money to pay off the loan... Then one third of that amount will do, the rest they can use to clear part of their current loan.
As for some of those disgruntled fans who are against the Glazer family... All i can say is some of them were formerly minority share holders who had their shares bought off them. They are probably still unhappy. But business is business... But if we were to look more into it... Man utd still have one of the cheapest tickets at $40 compare to Arsenal $60, Chelsea $50+ and maybe even Spurs... So what are the season ticket holders complaining about? Shouldn't Arsenal fans be even more unhappy? -
those clones did not hurl any vulgarities this time, pls don't start it.
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Malcolm Glazer & family are estimated by Forbes to have a Net Worth of $2.0 billion.Originally posted by dragg:its no surprise the glazers are paying a lot of interest to the banks. they arent very rich themselves. i bet they bought club with a lot of loans. -
welcome to sports hey clones post at football forum leh. i will edit sui sui for you
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wow, wasn't expecting such a lenghty reply but guess you've probably just broke the sports folder's record for longest post.Originally posted by zocoss:Say what you may, the fact that they were willing to risk $790 million of their wealth on a football club few years back was already a good start i would say. ...
790million is a risk or not a risk? may i ask you? you started off saying they took a risk with the investment while reverting back to say that its no big deal with such a sum given that ManU is such a profitable company, so its a risk or no a risk?
everyone is in for the money no doubt but the direct investment from Roman cannot be spoken with the same breath as Glazer, if media reports are anything to base on Glazer families hardly took out a cent from their own pocket for those purchases made by the club all those are self generating funds and budgets from past years.
Man City's case is of polictical issue so lets not touch on it.
about Tampa Bay? Check the season tickets price before and after 2002 to get the pic!
Manchester, Liverpool or Newcastle can never to compare with London and i bet you're not going to buy a property in Jurong base on price from of a property town do you? -
this is a good arguement on facts and opinions.longest postings i have ever seen in sports too, I hope those clones don't come in and disturb.. interesting..
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The real Manchester United fans are at United FC.
The others that are still here are those that cream in their own pants when the news confirmed the signing of Nani and Hargreaves without questioning where the money was coming from.