only 18K season tickets sold

[Skashion]

They're not. If they sell to a decent owner who clears the debt to get back to being a profit making club, they'll be back to where they were before the Glazers.

they will have to make a lot of bloody profit to warent paying off that kind of debt,i'm sure by now many top investors have looked at them only to back off

You've put your finger on the button there. It's rate of return which is the problem for them, not someone having the money or it not making financial sense. It could make financial sense and there are more than enough people who have the money but could they get a return from another investment, yes, they could. However, if someone wants to make a return whilst also being able to say that they own the biggest football club in the world and exploit their mega-brand, they are definitely not fucked.<br /><br />-- Fri Jul 09, 2010 6:09 pm --<br /><br />

No there's not.

name likely names

Don't have to. You said there isn't people with the money, look at Forbes to see how many people there are with over £1.7 billion in wealth. Aside from that, I could name owners of other football clubs with billionaire owners, like Mittal and Ecclestone.

 

[Blue Mooner]

If it made financial sense to anyone and they had the money they would have done it by now.

United have had their most successful period in recent times winning three prems on the trot and they still only made a profit of £60 million there or thereabouts.

£670 million (which is what the Glazers borrowed to buy the club in the first place) would only pay off the debts and that would leave the Glazers nothing from their investment so they would want AT LEAST another £400 million to sell because as it is at the moment their fans are paying off the debt year by year so that over time the debt would be paid off,and the Glazers would sell and walk away with £1billion all funded by the thick rag tw*ts

IF and that is a big IF you have a billion burning a hole in your pocket (There aren't many individuals with that kind of cash in the bank) you would then need to find money to buy players year on year which would eat into your profits.

If you invest £1billion in a savings account at 5% ( and realistically I think you could get more) you would get £50 million in interest alone. It was only the sale of Christiano Ronaldo that stopped them LOSING £40 million. Admittedly with a cash buyer the debt's would be cleared but United only made £40 million last year £10 million LESS than they could make in a straightforward savings account and that is after one of their most successful periods winning the Champions league and Premiership 3 times !!!! Plus that doesn't even take into account significant investment in players which they would need to make year on year and that there not currently doing

It just doesn't make ANY financial sense to any investor, plus just WHO is out there other than a financial institution with that sort of money, that is also an avid Man Un*ted fan ?
You'd need to be to even think about it !

Lets face it are 34 years of suffering has been rewarded by Sheikh Mansour and the rags are on the slide !!! I'm lovin it !<br /><br />-- Fri Jul 09, 2010 6:26 pm --<br /><br />

they will have to make a lot of bloody profit to warent paying off that kind of debt,i'm sure by now many top investors have looked at them only to back off

You've put your finger on the button there. It's rate of return which is the problem for them, not someone having the money or it not making financial sense. It could make financial sense and there are more than enough people who have the money but could they get a return from another investment, yes, they could. However, if someone wants to make a return whilst also being able to say that they own the biggest football club in the world and exploit their mega-brand, they are definitely not fucked.

-- Fri Jul 09, 2010 6:09 pm --

name likely names

Don't have to. You said there isn't people with the money, look at Forbes to see how many people there are with over £1.7 billion in wealth. Aside from that, I could name owners of other football clubs with billionaire owners, like Mittal and Ecclestone.

£1.7 billion in wealth. not in cash that is a BIG difference. That money could be tied up in property, businesses, long term investment funds. To buy the club you would need the money In the bank and readily available.

 

[Skashion]

£1.7 billion in wealth. not in cash that is a BIG difference. That money could be tied up in property, businesses, long term investment funds. To buy the club you would need the money In the bank and readily available.

Can people not sell assets and businesses anymore? Even if we assume a higher figure, say £10 billion in wealth to have £1.7 billion available in cash in a reasonable period of time, there are still about fifty people, excluding sovereign wealth, that are reckoned to have £10 billion in personal wealth - much less a combination of investors.

 

[u2fme2]

l hope they sell more tickets. we dont wont glazzers to sell do we??

 

[Bluemoonbaldboy]

l hope they sell more tickets. we dont wont glazzers to sell do we??

As people have said not selling as many season tickets might not be such a bad thing for them as there will be more tickets available for casual fans. They will get more money that way as would you prefer a season ticket at say £35 a game or a person buying at £45 a game....even if the swamp doesn't totally sell out every match revenues will probably be slightly higher so the protestors are wasting theIr time

 

[Skashion]

l hope they sell more tickets. we dont wont glazzers to sell do we??

As people have said not selling as many season tickets might not be such a bad thing for them as there will be more tickets available for casual fans. They will get more money that way as would you prefer a season ticket at say £35 a game or a person buying at £45 a game....even if the swamp doesn't totally sell out every match revenues will probably be slightly higher so the protestors are wasting theIr time

From what someone said the other day, rag season tickets cost the same as normal tickets minus a booking fee. However, rag season ticket holders have to buy cup tickets as well, and we know the swamp isn't filled for cup matches. The difference might not be all that significant but I expect they'd still make more money from season ticket holders than casual fans - assuming there as many casual fans as the rags tell us there are.

 

[AIQ88]

As people have said not selling as many season tickets might not be such a bad thing for them as there will be more tickets available for casual fans. They will get more money that way as would you prefer a season ticket at say £35 a game or a person buying at £45 a game....even if the swamp doesn't totally sell out every match revenues will probably be slightly higher so the protestors are wasting theIr time

From what someone said the other day, rag season tickets cost the same as normal tickets minus a booking fee. However, rag season ticket holders have to buy cup tickets as well, and we know the swamp isn't filled for cup matches. The difference might not be all that significant but I expect they'd still make more money from season ticket holders than casual fans - assuming there as many casual fans as the rags tell us there are.

If they have a bad season like Liverpools last year none of the plastics will be going there.

 

[Corky]

I think this is just the figure for hotel and irish tour sales.

 

[SWSB]

it could be the number of prawn sarnies eaten at a match at OT.

 

[Pam]

Not necessarily a good thing, could force the Glazer's to sell.

Who's going to buy a billion quid's worth of debt. Not the Knights Who Say Nee, that is for sure.