United thread 2013/14

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oh dear me


[youtube]http://www.youtube.com/watch?v=CtCM-crUGVM&feature=youtube_gdata_player[/youtube]
 
Thanks PB. It does make total sense the Glazers would look to pay off the debt with the clubs income before they sell, therefore maximizing the potential income from the sale to them.

So selling it before that point would take a very large offer way above market value which is unlikely .
 
Chipmeister said:
Thanks PB. It does make total sense the Glazers would look to pay off the debt with the clubs income before they sell, therefore maximizing the potential income from the sale to them.

So selling it before that point would take a very large offer way above market value which is unlikely .
Certainly at the moment I'd say.
 
The other point that's worth making is that this is terra incognita for the Glazers.

Hitherto they've had a simple, but highly effective strategy. Upon acquiring the club they remained convinced that commercial revenue at united had a lot more scope for growth, not a view that was widely held within the club at the time. They have been proved conspicuously correct in that view. They allied that with a realisation that a well oiled pr arm to any sporting brand is the key to the hearts and minds of feeble minded armchair supporters. It has to be said that the grip that united's pr machine has over the media, most especially the written press, is an astonishing, and to some extent, enduring achievement. Both these factors have enabled the club to increase revenue, raise its global profile, manage the media and continue to mould an image for the club that suits the Glazer's ends.

This, however, has all been done whilst Ferguson and Gill were at the helm. Two giants within football with the wherewithal to be able to deliver the goods. There was also the benefit on the pitch that was derived from earlier investment in the playing staff - Vidic, Ferdinand, Rooney, Evra, Giggs, Scholes, Carrick have all been at united for an unusually long time. This mainstay of the squad are, with one exception, in the twilight of their careers, but unlike on previous occasions with no comparable young talent to take their place. Add into the mix FFP, which as cleverly posted a little earlier, could be the elephant trap set for us, that, in fact, horribly shackles them.

They've got their work cut out just to stay with the main pack imo. Are they just a family of chancers who saw an opportunity and rode on the coat-tails of growth that was going to happen anyway, especially with that management in situ, or, are they brilliant visionaries who've masterminded the growth of this sporting brand for the last deade to their significant collective enrichment.

I suspect we're about to find out what they're really made of.
 
gordondaviesmoustache said:
The other point that's worth making is that this is terra incognita for the Glazers.

Hitherto they've had a simple, but highly effective strategy. Upon acquiring the club they remained convinced that commercial revenue at united had a lot more scope for growth, not a view that was widely held within the club at the time. They have been proved conspicuously correct in that view. They allied that with a realisation that a well oiled pr arm to any sporting brand is the key to the hearts and minds of feeble minded armchair supporters. It has to be said that the grip that united's pr machine has over the media, most especially the written press, is an astonishing, and to some extent, enduring achievement. Both these factors have enabled the club to increase revenue, raise its global profile, manage the media and continue to mould an image for the club that suits the Glazer's ends.

This, however, has all been done whilst Ferguson and Gill were at the helm. Two giants within football with the wherewithal to be able to deliver the goods. There was also the benefit on the pitch that was derived from earlier investment in the playing staff - Vidic, Ferdinand, Rooney, Evra, Giggs, Scholes, Carrick have all been at united for an unusually long time. This mainstay of the squad are, with one exception, in the twilight of their careers, but unlike on previous occasions with no comparable young talent to take their place. Add into the mix FFP, which as cleverly posted a little earlier, could be the elephant trap set for us, that, in fact, horribly shackles them.

They've got their work cut out just to stay with the main pack imo. Are they just a family of chancers who saw an opportunity and rode on the coat-tails of growth that was going to happen anyway, especially with that management in situ, or, are they brilliant visionaries who've masterminded the growth of this sporting brand for the last deade to their significant collective enrichment.

I suspect we're about to find out what they're really made of.
I'll point to their NFL team and say the former gdm, they ran that franchise into the ground trying to make as much money out of it as possible, think arsenal (at times) while paying off the emirates on koke ;)
 
Prestwich_Blue said:
So what happens if they don't make £65m or more in a full year? In theory, they would have to repay any borrowings under the revolving credit facility and not be able to use it any more. But there's an exemption from that, which they can use only if they don't qualify for the CL in two, non-consecutive seasons. So if they don't qualify this season, 2014/15 will almost certainly see them miss the £65m figure (by a long way). But that would be OK as they have the exemption they could use. However, if they miss it for a second consecutive season, they can't do that so potentially one of their key sources of operating cashflow would be closed off to them. Then it could be panic time for Uncle Malc and the boys.

I didn't realise they had a year's grace, that takes some pressure off them then.

At a guess I would have thought that means no chance of Jan signings and see how it goes, and if it goes badly they will have to spend whatever it takes in the summer to get a good enough squad to make top 4 next season. It's a gamble whatever they do, but a bigger gamble if they wait till the summer.

The 'non-consecutive seasons' isn't so much a get out of jail card as an extend your bail card.
 
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