United Thread - 2022/23

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KS55 said:
Ratcliffe is a well known rag, a Mancunian.
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1. Are these lot literally building a second squad of random midfielders? WTF

2. There's an interesting narrative developing among their fans being heavily pushed that "they haven't spent a dime", that they "haven't spent anything". Whether true or not technically about whether Glazers are spending out of pocket, well first is it a bad thing to reinvest profits??? And second, they know full well they demand and feel entitled to the very best players, a bit rich of them to pretend that the 2nd rate galactico model isn't exactly what they are demanding. Also doesn't matter where the money comes from--the club has still spent around ~1bn. Are they saying they should've spent that AND additional money?
 
superwatsonwatson said:
He is reportedly worth over £20billion. He also reportedly saved £4billion in tax by moving to Monaco in the last few years. If these figures are correct, and you are 69 years old, would you worry about spending £5/6 billion on a toy? You never know, he may get bored in a couple of years and sell.
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If I was worth £20bn I'd absolutely be worried about spending £5/6bn on a failing institution that needs a lot a lot a lot of investment.

I'd also be thinking, £20bn. Fuck it, this is pretty good.
 
domalino said:
His move from the UK to Monaco alone was estimated to save him £4Bn in personal taxes.

His net worth fluctuates a lot based on Ineos' perceived value, it was $30Bn 18 months ago, and he made a £4.25Bn bid for Chelsea so safe to say he has the cash.
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He doesn't have £4bn in cash to spend. If he bids it will be raised cash, investment funds and borrowings.

Same as the new Chelsea owner, his bid came through all sorts of various investors and hardly any of his own cash, if at all.

In any case the latest reports are the Glazers are selling a minority stake to a private equity fund. That fund will be full of investors who want a return on their money - so that's more money going out of the club.
 
If they had won their first two games there would be no talk of a take over , they were all convinced that Peps cone boy would have them top of the league , all the Glazers are doing is selling shares to prop up the bank balance to buy even more donkeys and give the stadium a lick of paint. Sell 20% and swell the coffers and it’s as simple as that , Radcliffe is just throwing his hat in the ring to garner support. Shares will get sold to Apollo keeping the club 100% American owned , beautiful , absolutely beautiful!
 
Blue Mist said:
Plus he is a billionaire, they don't tend to give their money away.
How does he get a return for his 5 billion pound investment to buy the club and the one billion to rebuild the swamp.
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I think you are right. He tends to buy undervalued businesses . Without that I don't think he would be up fir it
 
moomba said:
If I was worth £20bn I'd absolutely be worried about spending £5/6bn on a failing institution that needs a lot a lot a lot of investment.

I'd also be thinking, £20bn. Fuck it, this is pretty good.
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That's not really how it will work though. Billionaires don't spend their own money, they borrow it. And they certainly don't put the liability on themselves if they can avoid it. So ironically, switching one owner for another and imagining that the club will suddenly have no debt is likely fanciful. Which doesn't mean it wouldn't be an improvement. Any owner who simply doesn't take loads of money out of the club would allow them to spend money improving their facilities. That's where he would potentially have to put a bit of money in, but we're talking more like £1bn of his own cash, not £5bn. Money for transfers has never been a problem, despite what those whining babies would have you believe, they just need a management structure that knows how to spend it.

And it's worth mentioning that if you spend £5bn on a football club, you've still got an asset worth £5bn that you can sell. And unless they get relegated or something (we can hope) it will probably go up in value just because the Premier League continues to do so. The Glazers have mismanaged the club for 20 years and in that time, the club has increased in value from around £800m to £5bn.
 
Surely their new manager is not involved in all these rumoured transfers, they are just dumping players on him.

If he is any good at all ETH would know the players who suite his style of football, and the Scum D of F would try to obtain their services.

They really are an uutter shambles and long may it continue.
 
TonyM said:
My fear with them getting new ownership is that the new guys would have the sense to copy our model of executive management.

Hopefully they continue in their haphazard ways for many years more.
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News of Sir Jim Radcliffe today is not good, hopefully the raggys will perform a miracle on Monday night and this will go quite , the Glaziers must stay.
 
Another out of town rag making noise, tried to buy chelsea as what their fans percieve as a publicity stunt with no real intent.

Tax dodger who promoted brexit then fucked off to live in Monaco to escape any negative financial fallout from it.

He may have been a fan when he was a kid growing up in Oldham, but it will be pure business and money making the reason he wants them.

I think the rags are getting giddy, but early days and all talk atm, plus no saying this would.change them from beomg the mid table bag of shite they are.
 
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