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 UNITED's debts situation.. is it getting out of hand? 
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Post Re: UNITED's debts situation.. is it getting out of hand?
Loque wrote:
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Two Asian billionaires were keen to make a £1billion bid for Manchester United, according to reports.

Sky Sports News reports that the pair were prepared to pay the massive sum, but were told the Glazer family was unwilling to sell.

It is understood the deal was brokered by super-agent Pini Zahavi in October last year.

Zahavi represents Manchester United defender Rio Ferdinand and has close links with the club.

But the billionaires, who have not been named but are 'huge Manchester United supporters', were told the Glazers 'were not willing to hear offers'.

It is believed the potential investors provided proof of funds in a Swiss bank account.

The investors have no involvement with the 'Red Knights' consortium who revealed their own takeover plans last week.

Zahavi was involved in Roman Abramovich's surprise takeover at Chelsea in 2003.


siapekah mereka?


orang


26 thUTCp 2008
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Post Re: UNITED's debts situation.. is it getting out of hand?
nazq wrote:
Loque wrote:
Quote:
Two Asian billionaires were keen to make a £1billion bid for Manchester United, according to reports.

Sky Sports News reports that the pair were prepared to pay the massive sum, but were told the Glazer family was unwilling to sell.

It is understood the deal was brokered by super-agent Pini Zahavi in October last year.

Zahavi represents Manchester United defender Rio Ferdinand and has close links with the club.

But the billionaires, who have not been named but are 'huge Manchester United supporters', were told the Glazers 'were not willing to hear offers'.

It is believed the potential investors provided proof of funds in a Swiss bank account.

The investors have no involvement with the 'Red Knights' consortium who revealed their own takeover plans last week.

Zahavi was involved in Roman Abramovich's surprise takeover at Chelsea in 2003.


siapekah mereka?


orang

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nazq... :facepalm:


26 thUTCp 2008
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Post Re: UNITED's debts situation.. is it getting out of hand?
Fasha wrote:
king wrote:
Loque wrote:
king wrote:
imo.....
- will the club b privately owned or put back on the plc?
d days of plc r gone whn it comes 2 big clubs...fans wont hv any say

- will it be a democratically elected president (a la real n barca)?
if having this kinda political circus is wat needed 2 wrestle those 2 financially then why not....v cudnt b in a more pathetic state (financially) then v r rite nw

plc is not based on fans la, unless the fans are shareholders

nway, i read that red knights claim that they have already collected 60 people who are interested in pooling their money. can u imagine 60 decision maker? how are we gonna make a decision? -.-'


wat i meant was fans wont b holding any shares like they used 2 pre glaziers era...60 normal fans who just want d best 4 d club...its gonna b tough...its better they narrow down 2 those 'wealthy' fans only


do u want the club to function like Real Madrid?


i 1 d club 2 hv d buying power of real mdrid


26 thUTCp 2008
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Post Re: UNITED's debts situation.. is it getting out of hand?
Loque wrote:
king wrote:
wat i meant was fans wont b holding any shares like they used 2 pre glaziers era...60 normal fans who just want d best 4 d club...its gonna b tough...its better they narrow down 2 those 'wealthy' fans only

aku x bape phm ayat ko ni. yg fans ko refer ni, red knights tu ke? coz 60 org yg aku ckp kt ats, ni red knights la. n sumenye wealthy...


owh...60 org 2 sumenye red knights ek...ak igt kn trmsk org bese2 yg gj cukp mkn je tp memg fan sjati...klu yg bese2 simpn je r duit yg x se bpe 2...


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Post Re: UNITED's debts situation.. is it getting out of hand?
king wrote:
Loque wrote:
king wrote:
wat i meant was fans wont b holding any shares like they used 2 pre glaziers era...60 normal fans who just want d best 4 d club...its gonna b tough...its better they narrow down 2 those 'wealthy' fans only

aku x bape phm ayat ko ni. yg fans ko refer ni, red knights tu ke? coz 60 org yg aku ckp kt ats, ni red knights la. n sumenye wealthy...


owh...60 org 2 sumenye red knights ek...ak igt kn trmsk org bese2 yg gj cukp mkn je tp memg fan sjati...klu yg bese2 simpn je r duit yg x se bpe 2...

the numbers ranges from 40 to 60 people...


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Post Re: UNITED's debts situation.. is it getting out of hand?
brite baek utk anda sume!

Quote:
Dream on United fans, Glazers don't have to sell

CHICAGO (Reuters) - Manchester United fans hoping another group can buy the Premier League champions from the Glazers can stop dreaming, said analysts and bankers.

They stressed the American family does not need to sell one of the world's most valuable sports clubs despite heavy debts.

As the Glazers' spokesman told Reuters on Wednesday: "Manchester United is not for sale."

Fans and a group of investors called the 'Red Knights' who are pushing for a change in ownership are, they said, forgetting one thing -- despite debts of 716.5 million pounds ($1.07 billion) the Glazer family does not need to sell the club.

"It's a group of fans," one U.S. banker, who asked not to be identified, said of the Red Knights group that includes former English Football League chairman Keith Harris.

"You can't do a hostile takeover of a privately held enterprise, so what are they talking about? Why would the Glazers sell?" the banker said, calling the idea a "fantasyland."

The Glazers, who also own the Tampa Bay Buccaneers National Football League team, bought United in 2005 for about 790 million pounds despite opposition from debt-wary fans.

The Red Knights said this month they were looking into a possible bid for the Old Trafford club that Forbes magazine last year valued at $1.87 billion.

WON'T OVERPAY

The investor group, which also includes Goldman Sachs chief economist Jim O'Neill, has pledged up to 1.5 billion pounds in its bid, according to the London Times, but the Red Knights said it would not overpay.

While the Glazers have stayed mum on a possible deal, United chief executive David Gill said last week the Glazers would not bow to pressure to force them out.

A U.S. banker working on the sale of English Championship (second division) club Sheffield Wednesday agreed.

"There's nothing forcing them to entertain selling," Robert Tillis, CEO of Inner Circle Sports said of the Glazers. "They're long-term holders. They've said that pretty consistently."

Those who know the family said the speculation swirls because the Glazers are so tight-lipped, a strong family trait.

"Their history is buy and hold," said Marc Ganis, president of Chicago-based sports consulting firm Sportcorp Ltd. "Now, it may be buy and refinance and hold, and then look at refinancing again... but they retain their assets. They don't flip them.

'FORESEEABLE FUTURE'

"I have every expectation they're going to keep Manchester United not just for the foreseeable future, but perhaps into the next generation of family members," he added.

The Glazers, who have owned the Buccaneers since January 1995, launched a bond issue last month to raise 500 million pounds in a bid to realign United's debts, which Gill has called easily sustainable.

For fans thinking a local owner would fare better, Ganis and several bankers said buyers would face the same pressure because they would have to purchase the club at a higher price than the Glazers paid and probably use debt to finance a deal.

The Red Knights have said any new ownership would "put the club on sound financial footing."

Nevertheless, the Glazers have their supporters in the United States, where they led the Buccaneers to a 2003 Super Bowl championship although the NFL team has hit lean times in the last several years.

The Glazers are also appreciated for their support of charitable causes in the Tampa area, where a children's museum sporting the family name is due to open later this year.

"These are folks that have made a lot of roots in the community," said Rob Higgins, executive director of the Tampa Bay Sports Commission, which promotes amateur sports activities and received a $2 million commitment from the Glazers.

Analysts said selling United would likely be the last choice for the Glazers.

"This is a primo property," said Robert Boland, professor of sports management at New York University. "You don't want to sell them if you can (help it)."


:I


26 thUTCp 2008
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Post Re: UNITED's debts situation.. is it getting out of hand?
somehow I have a funny feeling that the players was pressuring themselves to win titles just because of these debt burden -.-'


26 thUTCp 2008
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Post Re: UNITED's debts situation.. is it getting out of hand?
ak pn da x de idea lg nk cte psl bab ni...
die glaziers die


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Post Re: UNITED's debts situation.. is it getting out of hand?
king wrote:
ak pn da x de idea lg nk cte psl bab ni...
die glaziers die

glazer wont sell, nobody can do anything about it. juz hope they will keep true to their word and try to lower the debt


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Post Re: UNITED's debts situation.. is it getting out of hand?
Loque wrote:
king wrote:
ak pn da x de idea lg nk cte psl bab ni...
die glaziers die

glazer wont sell, nobody can do anything about it. juz hope they will keep true to their word and try to lower the debt


in other words v shud just roll over n die :8


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Post Re: UNITED's debts situation.. is it getting out of hand?
king wrote:
Loque wrote:
king wrote:
ak pn da x de idea lg nk cte psl bab ni...
die glaziers die

glazer wont sell, nobody can do anything about it. juz hope they will keep true to their word and try to lower the debt


in other words v shud just roll over n die :8

we wont die. but the worst case scenario might lead us to be relegated to the 3rd division. i wonder if our million fanbase will still remain loyal


26 thUTCp 2008
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Post Re: UNITED's debts situation.. is it getting out of hand?
Loque wrote:
king wrote:
Loque wrote:
king wrote:
ak pn da x de idea lg nk cte psl bab ni...
die glaziers die

glazer wont sell, nobody can do anything about it. juz hope they will keep true to their word and try to lower the debt


in other words v shud just roll over n die :8

we wont die. but the worst case scenario might lead us to be relegated to the 3rd division. i wonder if our million fanbase will still remain loyal


oh no...;O


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Post Re: UNITED's debts situation.. is it getting out of hand?
king wrote:
oh no...;O

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Post Re: UNITED's debts situation.. is it getting out of hand?
that means only if that really occurs, the Glazers will eventually sold this club, eh?


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Post Re: UNITED's debts situation.. is it getting out of hand?
nazq wrote:
that means only if that really occurs, the Glazers will eventually sold this club, eh?

ape yg occur?

they wont sell unless its an offer they cant refuse. and based on certain report, they have already refuse up to 1.5 bil. those red knights or whoever it is must pay much higher than that....


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