United thread 2013/14

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Prestwich_Blue said:
The Pink Panther said:
kippaxblue76 said:
+1
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Although Thursday night football would be a distraction from the prem, I would prefer them not to qualify for Europe at all so it totally fucks their coefficient points score, plus a real loss of revenue
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Their two biggest years for UEFA coefficient points were 2009/10 (28.5856) & 2010/11 (36.6714). That's over 65 points from a total of 122. Next year the 09/10 points drop off so if they don't get into Europe at all then they should drop into Pot 2 territory. So they'd be playing teams like Bayern, Real Madrid & Barcelona in the group stages. That would be piss funny.

If they were to repeat that the following season, they'd sink like a stone down to around 30th place or worse. That's pot 4.

Plus someone mentioned the PIK notes earlier. They're paid off but if I recall, there's a condition in the bond documents that means that bondholders can demand repayment if they fail to qualify for the CL in 2 out of 3 years.
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'twas me kind Sir, thank you for clearing that up.
 
JoeMercer'sWay said:
Prestwich_Blue said:
The Pink Panther said:
Although Thursday night football would be a distraction from the prem, I would prefer them not to qualify for Europe at all so it totally fucks their coefficient points score, plus a real loss of revenue
Click to expand...
Their two biggest years for UEFA coefficient points were 2009/10 (28.5856) & 2010/11 (36.6714). That's over 65 points from a total of 122. Next year the 09/10 points drop off so if they don't get into Europe at all then they should drop into Pot 2 territory. So they'd be playing teams like Bayern, Real Madrid & Barcelona in the group stages. That would be piss funny.

If they were to repeat that the following season, they'd sink like a stone down to around 30th place or worse. That's pot 4.

Plus someone mentioned the PIK notes earlier. They're paid off but if I recall, there's a condition in the bond documents that means that bondholders can demand repayment if they fail to qualify for the CL in 2 out of 3 years.
Click to expand...

If they're paid off then the condition is irrelevant?
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Two different things Ben.

The PIK notes were very high interest instruments used to finance the takeover that were about to get even more high interest due to breaches of T&C's. This would have resulted in gross debt climbing to over £1bn and utterly ruining them.

Sadly that didn't happen as somehow (presumably by borrowing every dollar they possibly could) the Glazers paid these off privately. No one is really sure though how they did this and what it cost them.

In 2010 they issued £500m of bonds designed to replace bank borrowing. These are due for repayment in 2017 but they've already paid some off via the share issue. It's these that had that condition in.
 
Decided to draw a picture of Pele celebrating United's loss.

28s27ue.png
 
Prestwich_Blue said:
JoeMercer'sWay said:
Prestwich_Blue said:
Their two biggest years for UEFA coefficient points were 2009/10 (28.5856) & 2010/11 (36.6714). That's over 65 points from a total of 122. Next year the 09/10 points drop off so if they don't get into Europe at all then they should drop into Pot 2 territory. So they'd be playing teams like Bayern, Real Madrid & Barcelona in the group stages. That would be piss funny.

If they were to repeat that the following season, they'd sink like a stone down to around 30th place or worse. That's pot 4.

Plus someone mentioned the PIK notes earlier. They're paid off but if I recall, there's a condition in the bond documents that means that bondholders can demand repayment if they fail to qualify for the CL in 2 out of 3 years.
Click to expand...

If they're paid off then the condition is irrelevant?
Click to expand...
Two different things Ben.

The PIK notes were very high interest instruments used to finance the takeover that were about to get even more high interest due to breaches of T&C's. This would have resulted in gross debt climbing to over £1bn and utterly ruining them.

Sadly that didn't happen as somehow (presumably by borrowing every dollar they possibly could) the Glazers paid these off privately. No one is really sure though how they did this and what it cost them.

In 2010 they issued £500m of bonds designed to replace bank borrowing. These are due for repayment in 2017 but they've already paid some off via the share issue. It's these that had that condition in.
Click to expand...

Yeah I realised I was being dopey, Colin.
 
Just saw this. Is this one of those parody sites like The Onion?

<a class="postlink" href="http://www.teamtalk.com/news/2483/9057431/Woodward-favours-United-B-side" onclick="window.open(this.href);return false;">http://www.teamtalk.com/news/2483/90574 ... ted-B-side</a>

Woodward favours United 'B' side

Wednesday 04-December-2013 18:56

For some years now, United and many of their fellow Premier League big-hitters have concluded the present set-up does not create a competitive environment for players outside the first team.
Even a change from the old reserve sides to the present Under-21 set-up, with the potential for utilising over-age players, has done little to address the problem.
And Woodward thinks the Spanish system, where Real Madrid and Barcelona operate second teams below La Liga level, is an idea worth looking at.
"If we could have a 'B' team playing it would solve a lot of the issues," Woodward told fanzine United We Stand.
"The reserves do deliver some of the objectives, the system just isn't as good as it could be.
"Barcelona and Real Madrid have a competitive edge with their system. Ajax have got it. A team in the division below went bust a year ago. Ajax stepped in and now they are developing their players that way.
"You can look at different models and what Spurs have done with Swindon. You can look at rotating players in the first team.
"There is no clear and obvious answer. If you buy a top 18 year old, they could go straight in with the first team. Or they could go into the squad at number 25 or 26."
The clear issues are the traditional loyalties within the English football system and how fans of a club like Bury, for instance, would take to being reduced to the status of a feeder club.
It is certainly hard to see such a structure being implemented in England, even if Woodward's observations are shared by others at the top end of the game.
At the moment, though, he has enough on his plate at United, given they went into Wednesday's fixture with Everton in an unaccustomed eighth position.
Some feel the Red Devils may even struggle to qualify for next season's Champions League.
However, Woodward remains relaxed about that prospect, insisting United were strong enough to ride out such short-term financial strife.
"If you fight hard and just fail, people will still watch you on television, still turn up and buy shirts," he said.
"There's still a lot of affinity with the club and interest. The reality is that you can't always win.
"Take Liverpool. They still sell an incredible number of shirts and have the second biggest shirt deal in the Premier League.
"They have one of the biggest technical partner deals - and they haven't won the league since 1990. And you can put the last bit underlined and in capitals.
"If we have a bad year we have the financial strength to change the team. We have so much deeper financial strength that instead of selling three players and buying three, we can do five."
And that financial strength also means the naming rights to Old Trafford will never be sold.
"It's important that Old Trafford is Old Trafford," he said. "The Glazers are actually very traditional in their views.
"People have asked us the question, asked us if we would consider (selling the naming rights). We won't."
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Love the focus on selling shirts. The cafe seems apoplectic over this. :)
 
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