roaminblue
Well-Known Member
- Joined
- 27 Apr 2008
- Messages
- 2,991
laserblue said:Marvin said:Man Utd don't lose anything if their own valuation falls, it's the shareholders who lose money and then it's only a paper loss which could disappear if the price goes back up. Man Utd's share price matters to the Glazers, and the club, if they issue more shares to raise money.whicko said:Manchester Evening News reporting the scum have lost quarter of billion on the stock market this year, the Glazers are brilliant.
Which is what the Glazers indicated they wanted to do in a submission to the SEC in October. They wanted to float another $400 million dollars' worth of shares but that idea will have to be shitcanned as long as the share price continues in the doldrums.
It could actually make them a more attractive possibility for a take over, should the glazers want to sell. I haven't done any extensive reading into their debt woes, but in any sort of equity linked deal, the lower share price would be attractive provided the valuation multiples stay strong.
But as I said, I'm guessing, haven't and have no desire to go reading through their figures