United thread 2012/13 (inc merged IPO thread)

[Prestwich_Blue]

Re: United thread 2012/13.

Just heard they've put off a decision on the IPO after a discussion between their bankers and the club board. They were hoping to launch it in the next few days but may not do it now for another month.

If they leave it any longer than that, then they'll have to pull it completely as it would mean they'd then have to reveal their full 2012 results which would kill it stone dead as they will be awful (by their standards) and no one would touch it with a barge pole after that.

Not only is the clock going tick-tock but the hour's about to strike.

 

[waspish]

United thread 2012/13.

Just heard they've put off a decision on the IPO after a discussion between their bankers and the club board. They were hoping to launch it in the next few days but may not do it now for another month.

If they leave it any longer than that, then they'll have to pull it completely as it would mean they'd then have to reveal their full 2012 results which would kill it stone dead as they will be awful (by their standards) and no one would touch it with a barge pole after that.

Not only is the clock going tick-tock but the hour's about to strike.

Good to hear...

So all these players they are supposed to buying probably was are ploy or a bluff to the world that hey we still can compete for the best players..

 

[Prestwich_Blue]

Re: United thread 2012/13.

Just heard they've put off a decision on the IPO after a discussion between their bankers and the club board. They were hoping to launch it in the next few days but may not do it now for another month.

If they leave it any longer than that, then they'll have to pull it completely as it would mean they'd then have to reveal their full 2012 results which would kill it stone dead as they will be awful (by their standards) and no one would touch it with a barge pole after that.

Not only is the clock going tick-tock but the hour's about to strike.

Good to hear...

So all these players they are supposed to buying probably was are ploy or a bluff to the world that hey we still can compete for the best players..

Possibly or it could be a last desperate gamble to splurge a load of money, in much the same way as Liverpool did in the last season and a half to try to get back their top four place. In their case it would be to stop their slide and ensure they qualify for the later stages of the CL.

 

[bluevengence]

Re: United thread 2012/13.

LUVERLY....


[bigimg]http://laurajul.dk/wp-content/uploads/2012/07/Gif-Clock.gif[/bigimg]

 

[laserblue]

Re: United thread 2012/13.

Just heard they've put off a decision on the IPO after a discussion between their bankers and the club board. They were hoping to launch it in the next few days but may not do it now for another month.

If they leave it any longer than that, then they'll have to pull it completely as it would mean they'd then have to reveal their full 2012 results which would kill it stone dead as they will be awful (by their standards) and no one would touch it with a barge pole after that.

Not only is the clock going tick-tock but the hour's about to strike.

you've just made my day pb. cheers!

 

[mindmyp's_n_q's]

Re: United thread 2012/13.

<a class="postlink" href="http://www.ifre.com/equities-manchester-united-puts-off-decision-on-ipo-launch/21031766.article" onclick="window.open(this.href);return false;">http://www.ifre.com/equities-manchester ... 66.article</a>

Manchester United has pushed off launching its US$300m IPO, after having previously contemplated doing so as early as this evening or tomorrow morning. The decision followed a conference call between company officials and the lead underwriting banks on the offering.

A follow-up call is scheduled for later this week to reevaluate conditions, according to a source close to the situation.

Jefferies is lead-left bookrunner among a syndicate that also includes Credit Suisse, JP Morgan, Bank of America Merrill Lynch and Deutsche Bank.

Recent market volatility factored into the decision on timing. The DJIA fell 0.8% today to 12,617.32, extending the benchmark index’s losses to three consecutive days and following similar sell-offs across Europe and Asia.

The global sell-off is relevant because of the nature of Manchester United’s sports franchise, and because the lead banks are contemplating a global roadshow that encompasses Asia and Europe as well as the US.

If the banks do not launch marketing of the offering in the near term, they are expected to push off a decision until after the US Labor Day holiday on September 3.

The offering is expected to value Manchester United at roughly US$3bn. That view is supported by the soccer club’s multiple revenue streams and the recent purchase of the Los Angeles Dodgers baseball club for US$2.15bn.

 

[Super David Silva 21]

Re: United thread 2012/13.

There's a Veseli in the United line up, that the muppet who use to be with us????

 

[The Pink Panther]

Re: United thread 2012/13.

Just heard they've put off a decision on the IPO after a discussion between their bankers and the club board. They were hoping to launch it in the next few days but may not do it now for another month.

If they leave it any longer than that, then they'll have to pull it completely as it would mean they'd then have to reveal their full 2012 results which would kill it stone dead as they will be awful (by their standards) and no one would touch it with a barge pole after that.

Not only is the clock going tick-tock but the hour's about to strike.

Good to hear...

So all these players they are supposed to buying probably was are ploy or a bluff to the world that hey we still can compete for the best players..

Possibly or it could be a last desperate gamble to splurge a load of money, in much the same way as Liverpool did in the last season and a half to try to get back their top four place. In their case it would be to stop their slide and ensure they qualify for the later stages of the CL.

But qualifying for the latter stages (quarter final) would only add £10m.
If they bought three players at £15m each, they'd be paying £10m a season to the selling clubs, plus the wages of the players (at £100k per week, over £15m PA)
I think it's a load of old bollocks that they're looking to sign players, especially RVP.
He doesn't fit into the "young" bracket that baconface keeps harping on about and he's going to be top dollar
They papered over the cracks bringing Scholes back last season. This one could be extremely telling

 

[Prestwich_Blue]

Re: United thread 2012/13.

Good to hear...

So all these players they are supposed to buying probably was are ploy or a bluff to the world that hey we still can compete for the best players..

Possibly or it could be a last desperate gamble to splurge a load of money, in much the same way as Liverpool did in the last season and a half to try to get back their top four place. In their case it would be to stop their slide and ensure they qualify for the later stages of the CL.

But qualifying for the latter stages (quarter final) would only add £10m.

More than that. They lost £14m in Media money alone compared to 2011 plus there's revenue from 4 games at premium prices they missed out on as well, which is probably another £20m. And there will be lost revenue from commercial opportunities and merchandise. Probably lost near to 15% of 2011's turnover from that alone.

 

[gordondaviesmoustache]

Re: United thread 2012/13.

http://www.ifre.com/equities-manchester-united-puts-off-decision-on-ipo-launch/21031766.article

Manchester United has pushed off launching its US$300m IPO, after having previously contemplated doing so as early as this evening or tomorrow morning. The decision followed a conference call between company officials and the lead underwriting banks on the offering.

A follow-up call is scheduled for later this week to reevaluate conditions, according to a source close to the situation.

Jefferies is lead-left bookrunner among a syndicate that also includes Credit Suisse, JP Morgan, Bank of America Merrill Lynch and Deutsche Bank.

Recent market volatility factored into the decision on timing. The DJIA fell 0.8% today to 12,617.32, extending the benchmark index’s losses to three consecutive days and following similar sell-offs across Europe and Asia.

The global sell-off is relevant because of the nature of Manchester United’s sports franchise, and because the lead banks are contemplating a global roadshow that encompasses Asia and Europe as well as the US.

If the banks do not launch marketing of the offering in the near term, they are expected to push off a decision until after the US Labor Day holiday on September 3.

The offering is expected to value Manchester United at roughly US$3bn. That view is supported by the soccer club’s multiple revenue streams and the recent purchase of the Los Angeles Dodgers baseball club for US$2.15bn.

That article was clearly influenced considerably by united's PR dept.