jimmygrimblesboots
Well-Known Member
aguero93:20 said:cibaman said:M18CTID said:Not only that, it would probably cost something in the region of 1.5 to 2 billion to prise the club away from the Glazers. As much of a cash cow as United is I don't think there would be too many people willing to fork out that amount of money. It's also worth noting that any prospective buyer would also have to take on the £360 million or so of debt as well.
Personally, while I believe the Glazers will sell up eventually I don't think that it will happen in the immediate future unless an offer comes in that is too good to turn down.
Also, a new buyer doesn't necessarily mean that all their problems will go away - they could even end up with worse owners than the Glazers. After all, the Glazers owe United fans nothing after years of abuse and probably won't be arsed who they sell to as long as they get their cash. Of course, the most hilarious scenario is if someone comes in and purchases United in the same way the Glazers did, and loading a mountain of new debt onto the club in the process meaning they have to go through the rigmarole of the last 10 years all over again!
They wouldnt take on the debt "as well", it would be factored into the price, as would any other liability that a new owner takes on.
Clearly the Glazers are only in it for the money. In order to get a return on their investment they have to sell or start taking dividends out of the club. I would quite like to see the reaction if they started paying themselves a dividend.
There must be a dwindling number of cash investors who could pay £1-2b without needing a return on their investment. The likelihood is that there will always be some financing costs that will have first call on their cashflow.
There's about 300 individuals with a big enough net worth to buy the club without major financing, about 120 have the liquidity to buy it outright without any financing or need for return on investment.
Lets hope one of the 300 is a city supporter , he can put a closed for business sign outside and sell the makeshift meccano stadium for scrap , he would probably get a couple of quid for the players as well.