United thread 2012/13 (inc merged IPO thread)

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hutton who blue said:
Ferguson is a bully and a meticulous one. He realised he could manipulate the media to his own ends and to the benefit of the team he is managing. He has
manipulated the F.A. and it's officials to the extent whereby referees are discouraged from giving evenhanded decisions that would disadvantage his team's efforts. The attempted Van Persie transfer has extracted bullish comments. The failed Moura transfer has been treated with disrespectful derision. Manchester City winning the league in such spectacular style has upset the apple cart. His personal pride would not allow him to retire when the going was good. His personal pride may mean he retires on a damp squib or he is retired forcibly.
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pride cometh before a fall
 
the IPO has clocked in at $14 a share and raising about £150 million in total. not sure how much the club itself will make from that. not an outright failure then, but not quite the success the glazers were looking for.
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Reports are most of the investors are institutional US bodies hoping to make a quick buck on a luxury brand. Not been touched by anyone with any actual knowledge of sport or the clubs finances.

Shares sold for upto $14.50, well below the brochure list price of $16-20. Values the club at £2.2bn rather than the £3bn they were targeting.
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Update: Auction of shares ended early due to low interest and offer prices, it was supposed to end at end of trading Thursday but they called it at midday because they didnt think they would get any higher offers.
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Neither a success or failure. Gives the Glazer's more money and some extra breathing space. No dounbt more news and views will come out in the next few hours.
 
jrb said:
the IPO has clocked in at $14 a share and raising about £150 million in total. not sure how much the club itself will make from that. not an outright failure then, but not quite the success the glazers were looking for.
Click to expand...

Reports are most of the investors are institutional US bodies hoping to make a quick buck on a luxury brand. Not been touched by anyone with any actual knowledge of sport or the clubs finances.

Shares sold for upto $14.50, well below the brochure list price of $16-20. Values the club at £2.2bn rather than the £3bn they were targeting.
Click to expand...

Update: Auction of shares ended early due to low interest and offer prices, it was supposed to end at end of trading Thursday but they called it at midday because they didnt think they would get any higher offers.
Click to expand...

Neither a success or failure. Gives the Glazer's more money and some extra breathing space. No dounbt more news and views will come out in the next few hours.
Click to expand...

16.7 million shares sold at todays exchange rate values the club at £1.49 billion


The value of the club is dropping by the day,if the remaining shares only go for say $12 dollars then the arse will fall out of value even more.

Be interesting to see now if they still push for RVP,especially now they are not selling shares for anything like they expected.
 
Hey guys , i was not aware ipo sold for only one day, i thought i have seen some shares go on for 3 days before closing??
 
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