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The old Man Utd Thread

ThePixelbarks

By ThePixelbarks
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fatbob

fatbob

Posted
Posted

Those two previous examples are classics, but on the whole Addidas make bloody 'orrible kits IMO, and all of them have stupid stripes on the shoulders too, Nike are far superior for me.

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Liamness

Liamness

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Maybe, liked me, you held out hope that if the Glazers did not sell, their American properties could be sold to pay off the debt instead. That is an outside possibility now. One of the MUST guys (an analyst in the city, with the help of the Guardian and BBC Panorama) has gone into their US finances, and come up with a less than rosy picture there too. They have the look of a dynasty in crisis, fucked from all angles but completely burying their heads in the sand about it.

http://www.guardian.co.uk/football/2010/ju...d-fortunes-wane

The issue is that we are one of the few businesses they have that are still making money; that is, before you add the yearly interest. Indeed, they will probably hold onto us for dear life, as the withdrawals they have been making from us are funding lifestyles befitting of far more successful businessmen. At least we know they're not going to be laughing all the way to the bank once they finally sell up, right? I, at least, take some comfort in that.

I forgot to add the big figure... so I'll do it know. The family are, in total, about £1.1bn in debt. That's probably just about what the club's worth.

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bowser123

bowser123

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Posted

Not being funny dude as it's good that this shit is making prime time, national TV but it's hardly news.

Remember that "andersred" blog site I've linked too and quoted many, many times? He's the MUST dude from the Panaroma show and broke this story ages ago on his site.

Like I say it's great that it's making TV, less so that it appears to be new news to you with that avatar and all. Makes me fear that G+G is little more than a fashion statement to many, and that ultimately sod all will change.

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Liamness

Liamness

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It would appear that before it was just a hunch, and now he has his facts and figures together, hence the BBC and Guardian being able to report on it. He's certainly talking about it on his blog as if it's news, but maybe that's just for the benefit of 'hangers on' like me. :P

It's hardly news that the Glazers are leveraged to the hilt though, I'd agree with that. It's just that making it official should give prospective buyers a much stronger hand, knowing that they must sell at some point.

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phresh

phresh

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Why would they sell their most succesfull business though? Unless they want to get out of the UK the 'best' option for them would be to sell some of their US ventures. It's not like they are actually losing money at United either, we earn enough to service the debt and pay them 'fees' on top of that.

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Liamness

Liamness

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In the current climate, their US assets probably wouldn't sell for much. They took out mortgages when times were good, and according to that (excellent) blog, the values will have dropped to the point where a lot of their empire is in negative equity. I suppose if they still have all the bond money left, and they sold literally everything they have in the US, they could possibly have the cash to own the club outright. Nonetheless, they will probably still have to sell the club once those bonds mature, so I'm not sure what the point of all that would be. The club (or more accurately, its parent company) isn't making money either; unless we plan to sell a Ronaldo every year, we will be making the slow slide into negative equity as well.

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Liamness

Liamness

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So Valencia, Nani and Obertan are the big hopes to continue to support Rooney from the wings. TBH Tosic wasn't going to get more than a couple of games a season with them in the way. Seemed to do a decent job for Köln though, hope we got a fair fee for him.

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AlwaysBeClosing

AlwaysBeClosing

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Tosic sold!

http://news.bbc.co.uk/sport1/hi/football/t...utd/8742422.stm

Bit of a shame he never lived up to his potential.

Really annoyed by that news, simply because he didn't get the games - when he did he showed himself to be agile and strong despite his height, and scored a couple for the reserves that anyone would be proud of. Massive shame.

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redbloodcell

redbloodcell

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What do we think the odds of getting Joe Cole are? I'd really like to see someone like him in the team and you can't argue when he's available on a free.

I think you guys are the front runners for him myself. Fergie is an admirer of his, you've got Carrick and Rio from West Ham there already and I expect he'd love the chance to take on an important role in a team.

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Trigg

Trigg

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Really annoyed by that news, simply because he didn't get the games - when he did he showed himself to be agile and strong despite his height, and scored a couple for the reserves that anyone would be proud of. Massive shame.

He never really excelled in the reserves so it was always going to be difficult for him to get a chance in the first team. Good luck to the lad.

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phresh

phresh

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Shame as he looked tidy but I do think Ferguson wants to bring Cleverly through next season and he would probably occupy the first team position that Tosic would. I think it's also a case of not taking up the 17 (I think) non-homegrown squad spots with 3rd choice players.

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Liamness

Liamness

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I don't think we're really in trouble on that front, really. When does the UEFA version of that come into effect? Just looking at the Champions league final, there weren't too many Germans and pretty much no Italians on the field.

*edit*

According to Wikipedia, the only Italian on the field at any point in the game was Materazzi, who came on at 90+2 mins to time waste.

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phresh

phresh

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I had a look through the squad list a while back and although it's not like we are going to have to start panic buying homegrown players (by the UEFA definition) there isn't a lot of space in the squad for players that don't qualify, doubly so when Giggs, Scholes and Neville will probably retire at the end of next season.

Regards Inter Milan you only need 8 homegrown players, a quick look on wikipedia shows they have 5 Italian and I imagine quite a few of the south americans player qualify.

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Naysonymous

Naysonymous

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I had a look through the squad list a while back and although it's not like we are going to have to start panic buying homegrown players (by the UEFA definition) there isn't a lot of space in the squad for players that don't qualify, doubly so when Giggs, Scholes and Neville will probably retire at the end of next season.

Regards Inter Milan you only need 8 homegrown players, a quick look on wikipedia shows they have 5 Italian and I imagine quite a few of the south americans player qualify.

The homegrown player rule has been scrapped. It would have never made it through the first court hearing if they had persisted with it anyway as it violates European employment law (including the Bosman ruling.)

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phresh

phresh

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Homegrown is the wrong term sorry, it's whatever rule that UEFA implement in the CL (and I assume other competitions) that is being brought into the PL next season.

Just because it's illegal doesn't mean they can't be brought in either, it just means the clubs have to agree to it.

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Naysonymous

Naysonymous

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The 6+5 rule? It's been scrapped. Even if the clubs agree to it, it just takes one player to take the whole thing to court and have it deemed illegal. Thinking the rule can stick because the clubs agree to it is a bit like thinking that if every football club agreed not to employ black people or ginger people then it would stick. It's illegal, there are laws which exist to protect people against it and it will be beaten in court if it is ever tested. The three foreigners rule had to be scrapped because it was illegal following Bosman (thankfully Liverpool sold us Steve Staunton and Ray Houghton and Dean Saunders before the rule was scrapped) and this is the same. It's unenforcible because it's illegal to discriminate against somebody who is a citizen of the EU on the grounds of where they were born.

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phresh

phresh

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The rule where you have to have 8 'homegrown' players in your squad but they only have to have been here for 3 years and born before a certain date etc. I know all about the failed more extreme version but it's no more illegal than the current version in terms of restricting squads by age/county of origin. It's just what the clubs agree too, you only have to look at how salary caps have been introduced in other sports to know that being in the EU doesn't suddenly make it impossible.

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Naysonymous

Naysonymous

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Posted

Ah. We are talking about different things. I was referring to this which is the 6+5 rule which was quietly scrapped this week while the world was busy complaining about vuvuzelas and boring opening games. If the eight homegrown players thing is a means of helping Premier League clubs prepare for the 6+5 rule then I wouldnt be surprised if it was quietly dropped too.

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