United thread 2017/18

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FogBlueInSanFran said:
Like all sports team owners with an economic incentive they are in this more for the capital gain on the sale than the cash flow. How much equity did they put up to buy the club, and how much would they get if they sold and the new owners assumed/paid down the debt on the club? My point is that equity value is, in my opinion, only going down from here because the club's brand recognition is still sky high while the pitch performance -- what over the long run drives value -- has declined and in the face of, ahem, us (and others) may decline further. Buy low, sell high.
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They just won a glorious treble! ;)
 
Mad Eyed Screamer said:
I'm not sure they can afford to sell up / or it is financially wise to sell up..... if they sell how much profit will they make and how much debt do they have to pay off? Where as simply keeping the club, the debts are being looked after (or moved around to another debtor) and the profits creamed off by the family each season.
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Agree I think 4 billion would do it though would anyone pay that.
 
"If we had only turned those home draws into wins". How many times did you hear that from Utd fans last season? Well there was a reason you couldn't score goals last season, you had no creative players in your team and your manager does not have an attacking instinct in his body.

City were the inverse of Utd. We had forwards and attacking midfielders like Silva, and De Bruyne but no defence.

So with a week to go before the season, where are we?

Utd have a net spend of £150m and have reinforced the spine of their team with a central defender, defensive midfielder (yes I know it is hard to believe) and Lukaku. Lukaku will score goals, but he will struggle to open up packed defences. Utd are the same animal they were last season. They are going to be hard to beat, but they have emphatically not added to their attacking options.

City have a similar net spend of £140m but City have bought a keeper, 3 full backs, and one of the best players we saw at the Etihad last season in Bernado Silva. In one window we have more or less addressed the major weakness in our squad. Central defence is an achilles heel perhaps but Stones may grow to fill that. City have been transformed. The gap between City and Utd has grown substantially. This season I expect City to compete for all the titles whilst Utd will remain a Cup side who are difficult to beat. I think Jose will be out of a job in 12 months time.
 
Marvin said:
"If we had only turned those home draws into wins". How many times did you hear that from Utd fans last season? Well there was a reason you couldn't score goals last season, you had no creative players in your team and your manager does not have an attacking instinct in his body.

City were the inverse of Utd. We had forwards and attacking midfielders like Silva, and De Bruyne but no defence.

So with a week to go before the season, where are we?

Utd have a net spend of £150m and have reinforced the spine of their team with a central defender, defensive midfielder (yes I know it is hard to believe) and Lukaku. Lukaku will score goals, but he will struggle to open up packed defences. Utd are the same animal they were last season. They are going to be hard to beat, but they have emphatically not added to their attacking options.

City have a similar net spend of £140m but City have bought a keeper, 3 full backs, and one of the best players we saw at the Etihad last season in Bernado Silva. In one window we have more or less addressed the major weakness in our squad. Central defence is an achilles heel perhaps but Stones may grow to fill that. City have been transformed. The gap between City and Utd has grown substantially. This season I expect City to compete for all the titles whilst Utd will remain a Cup side who are difficult to beat. I think Jose will be out of a job in 12 months time.
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Well said Marvin

Agree that united will just be compact and hard to beat because that is maureens style. Lukaku will score goals, but his attitude and loss of form through the season is a worry for them, because it happened at everton.

Howver look at their defence and it is still average at best, i saw some of the highlights from one of their pre season games, and they were being ripped apart and cut through very easily.

Bring on the season : )
 
laserblue said:
They don't like it up 'em sir!
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The strange thing is. That moment created a sense of Fucking wow. As fans and as players there was a certain apathy IMO after that event. "How can we top that moment" or "I swear you will never see anything like like this ever again" (the former me)

I feel as fans and as a club we sometimes don't appreciate what we have (hindsight). However that moment created a dream but then apathy followed. Maybe it's just me but I did feel that at times. Now I am excited again with the youth and pace of this team
 
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Marvin said:
"If we had only turned those home draws into wins". How many times did you hear that from Utd fans last season? Well there was a reason you couldn't score goals last season, you had no creative players in your team and your manager does not have an attacking instinct in his body.

City were the inverse of Utd. We had forwards and attacking midfielders like Silva, and De Bruyne but no defence.

So with a week to go before the season, where are we?

Utd have a net spend of £150m and have reinforced the spine of their team with a central defender, defensive midfielder (yes I know it is hard to believe) and Lukaku. Lukaku will score goals, but he will struggle to open up packed defences. Utd are the same animal they were last season. They are going to be hard to beat, but they have emphatically not added to their attacking options.

City have a similar net spend of £140m but City have bought a keeper, 3 full backs, and one of the best players we saw at the Etihad last season in Bernado Silva. In one window we have more or less addressed the major weakness in our squad. Central defence is an achilles heel perhaps but Stones WILL grow to fill that. City have been transformed. The gap between City and Utd has grown substantially. This season I expect City to compete for all the titles whilst Utd will remain a Cup side who are difficult to beat. I think Jose will be out of a job in 12 months time.
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Altered for accuracy.
 
FogBlueInSanFran said:
It would be very smart of the Glazers to consider. They know the jig is up and the era of dominance is over. The possibility of a long-term run as also-rans is distinct.
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I suspect that united has been propping up their other business interests for some time, so extracting themselves might not be as simplistic as you suggest.
 
gordondaviesmoustache said:
I suspect that united has been propping up their other business interests for some time, so extracting themselves might not be as simplistic as you suggest.
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Agree is isn't simplistic -- just depends on the size of the windfall.

The Glazers are in for about 800MM GBP (equity stake at cost). How much could they sell for? And what are the tax implications? Those would be the most important questions.

From a timing perspective, though, I think a lot points to them selling. Malcolm's gone; the dividends Utd pays to the kids are relatively minuscule in the scheme of things; the retail business in the US is collapsing; football club valuations are very high; the cost of maintaining Utd as a powerhouse has taken a huge step up; Ron Baron (largest owner of the publicly-traded non-voting shares) is almost certainly pushing the family if past is prologue (and as an aside -- I know the Baron Capital guys some; they are clients of mine); the Chinese oligarchy continues to look to park capital outside the nation; as noted, the brand itself is still hugely popular (especially there) while the on-the-pitch performance isn't what it used to be and won't be IMO.
 
Christ, I hope to fuck the Chinese don't buy them. Imagine the buying power of that lot without debt.
 
Last comment (I'm supposed to be working FFS :)) -- the stories I've read seem confused as to whether:

(1) the Chinese have approached the Glazer family to buy some of their 80% ownership stake, or
(2) a large block of the publicly-traded shares (an 8% stake allegedly, which would be 40% of the public float, or it could be the papers have it wrong and it's 8% of the public float, or a 2% stake in Utd overall) was on the desk at a broker and Chinese fund was interested. Recall those public shares have no voting rights (cheeky Glazers).

If the latter -- no big deal, and the story is a zero -- just a public shareholder looking to get out.
 
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