United thread 2012/13 (inc merged IPO thread)

[gordondaviesmoustache]

Re: United thread 2012/13.

Anyone surprised? Hahahahaha.

Must be talking about when he lost to Edinburgh City in the Scottish Youth Cup in 1959.

Fixed

 

[BertTrautmann'sParachute]

Re: United thread 2012/13.

Anyone surprised? Hahahahaha.

Must be talking about when he started primary school.

Fixed

Fixed

 

[Blootoof]

Re: United thread 2012/13.

Anyone surprised? Hahahahaha.

That would explain why his nose has very recently started to look ever so slightly off-white.

Recently? This is how they found his desk when he left Aberdeen

 

[JM Mcr]

Re: United thread 2012/13.

I've still got a nasty feeling there are enough people out there who will be willing to take up this IPO to a larege enough degree that gets them out of the shit.

Hope I'm wrong, just got a feeling though.

If they truly want the glazers out then no they wont..

But this is scum fans we are talking here.

This IPO is surely aimed at institutional, rather than individual investors...no real voting rights, no dividends so only incentive to buy is possibility of making a profit on future sale of shares. On that basis I don't really see how relevant the comment about "scum fans" is.

With regards to the initial statement above, I agree that there may well be enough interest in the IPO to get the Glazers out of a bind. I'm no financial expert but surely anything that substantially reduces the current debt, and interest payments, even if not fully clearing them, substantially strengthens the Glazers position. Both the swiss rambler and andersred seem to think the IPO appears to be a good thing financially for Utd. Even taking account of last seasons European failure, Utd should post very healthy income figures for the year, commercial income being up on the previous year in the March 2012 accounts. That's not to say Utd's year end income won't be down overall but they should still have a pretty impressive income, and can presumably also point to the forthcoming increase in tv revenues.

I guess much will depend on the Glazers valuation but, assuming they give a realistic valuation, the IPO may well succeed. I hope I'm wrong as I'm sure the Glazers will only sell up once they think they've maximised their (??!! ) investment. If the flotation fails, leading to increasing interest payments/financial charges, it may hopefully encourage them to offload the club.

 

[taconinja]

Re: United thread 2012/13.

The Glazers haven't even guaranteed that dividends will be paid on these shares. You would basically be buying them on the hope that someday the Glazers would allow them to pay out.

 

[JM Mcr]

Re: United thread 2012/13.

The Glazers haven't even guaranteed that dividends will be paid on these shares. You would basically be buying them on the hope that someday the Glazers would allow them to pay out.

You'd be buying them in the hope that the value of the club increases so you can sell on at a profit. Apparently it's not uncommon in the states for dividends not to be paid. End of the day there'd be little point the Glazers removing crippling interest payments to replace them with dividends (apart from the fact that, as the largest shareholder they'll profit personally from any dividend). I think the success of the IPO depends on them valuing the club realistically and being able to convince potential investors they can continue to grow the "company" in the manner they have since their leveraged buyout...

Remember when football used to just be about football!!

 

[gordondaviesmoustache]

Re: United thread 2012/13.

The Glazers haven't even guaranteed that dividends will be paid on these shares. You would basically be buying them on the hope that someday the Glazers would allow them to pay out.

You'd be buying them in the hope that the value of the club increases so you can sell on at a profit. Apparently it's not uncommon in the states for dividends not to be paid. End of the day there'd be little point the Glazers removing crippling interest payments to replace them with dividends (apart from the fact that, as the largest shareholder they'll profit personally from any dividend). I think the success of the IPO depends on them valuing the club realistically and being able to convince potential investors they can continue to grow the "company" in the manner they have since their leveraged buyout...

Remember when football used to just be about football!!

Ah yes, a simpler, nobler time before naked greed consumed the game.....

 

[Lucky13]

Re: United thread 2012/13.

The Glazers haven't even guaranteed that dividends will be paid on these shares. You would basically be buying them on the hope that someday the Glazers would allow them to pay out.

You'd be buying them in the hope that the value of the club increases so you can sell on at a profit. Apparently it's not uncommon in the states for dividends not to be paid. End of the day there'd be little point the Glazers removing crippling interest payments to replace them with dividends (apart from the fact that, as the largest shareholder they'll profit personally from any dividend). I think the success of the IPO depends on them valuing the club realistically and being able to convince potential investors they can continue to grow the "company" in the manner they have since their leveraged buyout...

Remember when football used to just be about football!!

Halcyon days indeed.

Youth team corruption.

The investigation also exposed how Manchester United had a secret fund for bribing parents of young players the club wished to recruit. In one case in the early 1960s it was alleged that a bribe of £5,000 was paid to the parents of Peter Lorimer, a promising young player whom the club had wanted to recruit.

 

[JM Mcr]

Re: United thread 2012/13.

Ah yes, the esteemed Mr Edwards.....corrupt money grabbing bastard that he, and his son, was, he pales into insignificance compared to the leeches that currently own the club. I'm sure Uncle Malc also wouldn't be adverse to flogging contaminated meat to Manchester's schools if he thought there was a decent enough return in it for him.

It was a shame tho that Louis Edwards untimely heart attack prevented justice being served...


-- Fri Jul 13, 2012 6:44 am --

As for halcyon days, I'd settle for us once again being able to include the words football club on our crest :-(

 

[City Raider]

United thread 2012/13.

Anyone surprised? Hahahahaha.

A combination of the drink, his age and the pressure is going to lead to another Clough situation here - the bloke is slowly going to lose his marbles in front of the watching world