law74 said:
I have heard and read many Blues come out with this, but I do not understand why they think that any person that is a hard enough nosed businessman to have accumulated enough wealth to be able to finance the purchase of the rags would be interested, where would they increase the incoming revenue to pay the debts never mind the investment needed to keep a squad of over the hill has beens at the top table?
THEY ARE DOOMED.
TICK TOCK
We are doomed, that is for sure, but just a couple of points on this. Firstly, there's no incentive for the Glazers to sell, they took out considerable personal loans which they intend to use furture earnings of the club to pay off -starting with 70m of the bond money. They were unable to do this under the terms of the previous financial agreement. If they sold now, they'd get approximately what they owe, so there's no value in it for them. While they still own the club, they can keep siphoning money off for their own gains - which is what they are in it for.
In terms of someone (or a consortium) wanting to own the club, I'm sure there would be takers. Bear in mind if you are buying it lock stock and barrel, i.e paying a billion, thus clearing the debts, you're instantly making a profit. United is one of the very few clubs in the world that runs at a profit - at least it would be if it wasn't paying interest on loans, but the kind of people that would be able to buy United for that kind of money wouldn't be in profit, it would be a status symbol.
BTW, I can't reply to PM's under this user name - I assume I need a certain number of posts