United Thread | 2024/25

[TinFoilHat]

Watching them get relegated and go bankrupt would be much more fun

I can't see the PL allowing it.

The dippers were going bankrupt and they bent over backwards not to deduct points and extend deadlines to allow the FSG crooks to take it over.

I can see Masters allowing them the same treatment.

 

[RodneyRodney]

I want them bleeding, hurting, observing their demise knowing there is nothing they can do to stop it. I want them selling off their assets, becoming forgotten and disregarded as a new generation of football fans, who have never heard of the "Busby Babes", and terms like "The United Way" and "Fergie" never even enters into their lexicon. I want their future to be bouncing up down and down the divisions, watching their 'fanbase' dwindle, becoming nothing more than what Leeds Lincoln City are now. A fitting end to a horrible club.

 

[RodneyRodney]

I have just watched a programme on Netflix about bin Laden and one of the top CIA people said that she was sorry, in a way, that he was killed. She wanted him to grow old in obscurity knowing that nobody cared about him, a lonely old man. This is what I want for the rags. Down in the third division of the football knowing that they are no longer relevant.

I don't want them having that much success.

 

[Mad Eyed Screamer]

It would appear to make sense to the Glazers, their original calculation when they bought Untied was that the revenue was more than enough to service the debt so the borrowing made sense. Maybe that's coming unstuck but who knows the real figures, I suspect that the next year is going to be very very difficult for Untied.

It made perfect sense - as long as the club was top of the tree or thereabouts each season domestically and in Europe.
If City players hadn’t turned up with hangovers at the cup final last year, this would have been their second successive season not even playing on a Thursday night.

 

[blue b4 the moon]

I was listening to the radio today. Jamie Jackson was comparing United to Spinal Tap now playing to selective audiences with Ratface playing the Derek Smalls role!

Someone mentioned Spinal Tap in relation to the rags a day or so ago in here.

Seems 'Manchester's football correspondent' is still lurking on here as that link is well above his skillset.

Fuck off Paradise, you wank stained wet wipe.

 

[RadcliffeRick]

Someone mentioned Spinal Tap in relation to the rags a day or so ago in here.

Seems 'Manchester's football correspondent' is still lurking on here as that link is well above his skillset.

Fuck off Paradise, you wank stained wet wipe.

Paradise or parasite?

 

[halfcenturyup]

I have just watched a programme on Netflix about bin Laden and one of the top CIA people said that she was sorry, in a way, that he was killed. She wanted him to grow old in obscurity knowing that nobody cared about him, a lonely old man. This is what I want for the rags. Down in the third division of the football knowing that they are no longer relevant.

Personally, I'd send the SAS in to demolish the place. Or the Luftwaffe.

 

[RodneyRodney]

Personally, I'd send the SAS in to demolish the place. Or the Luftwaffe.

No need. Agents Glazer, Berrada and Amorim are doing excellent work. Leave them to finish their assignment.

 

[Gingers Dad]

I was listening to the radio today. Jamie Jackson was comparing United to Spinal Tap now playing to selective audiences with Ratface playing the Derek Smalls role!

Did he mention how his Ole Solskjaer book sales were going?

 

[KS55]

I think Forbes uses a measure called 'Enterprise Value', which is simply market capitalisation plus net debt. It's a measure of how the business is funded but the weakness is that it doesn't separate leveraged debt, which doesn't produce a return on investment, from debt taken on to finance things that should generate a return, such as plant & machinery, property, other companies you buy, etc.

If you make widgets and your production is close to capacity, meaning you're turning orders away, or are in danger of having to do that, it probably makes sense to buy another widget-making machine or set up a new plant altogether. You'll probably borrow money to do that but if you've done your sums right it'll produce additional revenue that'll at least cover the cost.

Debt like the Glazer's loaded onto united, which is a dead-weight and costs them money, doesn't itself produce a return. It does for the Glazers but not for united. It hasn't been invested in the team or any other revenue-generating asset. But using EV means that their debt increases their value. It doesn't make sense.

Thanks.

 

[blue b4 the moon]

Paradise or parasite?

He could be both.

I'm assuming you know the Paradise link it being his pseudonym when writing books.

 

[jacko74]

No need. Agents Glazer, Berrada and Amorim are doing excellent work. Leave them to finish their assignment.

I do genuinely wonder if Scruffy Jim and Amorim are secretly trying to run the club down, both on and off the pitch, to put pressure on the Glazers?

 

[Mazzarelli's Swiss Cheese]

I do genuinely wonder if Scruffy Jim and Amorim are secretly trying to run the club down, both on and off the pitch, to put pressure on the Glazers?

If the tramp has an eye on increasing his stake then it would make sense to drive the share price down...

 

[bernard o'silver]

I was listening to the radio today. Jamie Jackson was comparing United to Spinal Tap now playing to selective audiences with Ratface playing the Derek Smalls role!

 

[havefaith]

3 years ago and as relevant today as it was then and hopefully even moreso in 30 years :-)

 

[moomey]

I think Forbes uses a measure called 'Enterprise Value', which is simply market capitalisation plus net debt. It's a measure of how the business is funded but the weakness is that it doesn't separate leveraged debt, which doesn't produce a return on investment, from debt taken on to finance things that should generate a return, such as plant & machinery, property, other companies you buy, etc.

If you make widgets and your production is close to capacity, meaning you're turning orders away, or are in danger of having to do that, it probably makes sense to buy another widget-making machine or set up a new plant altogether. You'll probably borrow money to do that but if you've done your sums right it'll produce additional revenue that'll at least cover the cost.

Debt like the Glazer's loaded onto united, which is a dead-weight and costs them money, doesn't itself produce a return. It does for the Glazers but not for united. It hasn't been invested in the team or any other revenue-generating asset. But using EV means that their debt increases their value. It doesn't make sense.

Morning Colin - I maybe wrong but in my experience EV is fixed and any increase in debt just diminishes the value of the equity? Am I misunderstanding my corporate finance experience? Your reading suggests the value of the equity is fixed as the shares are public. Surely they would drop if they for example took on another half a billion without as you say a plan to invest it?

 

[give it to gordon]

How can they be 2nd? is the debt not taken into account

Interesting isn't it.
Rags statium is falling down
Statium food rating 2 star because of mice everywhere.
Making redundancies left right and center.
Over paying on average players.
Paying huge interest rates on their 1.1 billion debt.
Over seas fan base getting smaller.

Some how rated as the second most valuable club lol

 

[Gareth Barry Conlon]

Morning Colin - I maybe wrong but in my experience EV is fixed and any increase in debt just diminishes the value of the equity? Am I misunderstanding my corporate finance experience? Your reading suggests the value of the equity is fixed as the shares are public. Surely they would drop if they for example took on another half a billion without as you say a plan to invest it?

There's all sorts of ways of calculating returns. The market value is not of interest to owners once shares are issued so calculations based on market value of equity are only really for investors looking at their current holdings.

The shares as valued on the balance sheet is fixed and more relevant to the full picture.

 

[Really_here]

Man Utd identify Fernandes replacement if skipper makes £100m Saudi transfer

Al-Hilal are hoping to tempt Bruno Fernandes to make the move to Saudi Arabia and Manchester United are interested in Pedro Goncalves as a potential replacement for their captain

www.mirror.co.uk

Ten Bob brought in his former players and look what happened, is Amorim gong down the same path?

 

[blue b4 the moon]

Man Utd identify Fernandes replacement if skipper makes £100m Saudi transfer

Al-Hilal are hoping to tempt Bruno Fernandes to make the move to Saudi Arabia and Manchester United are interested in Pedro Goncalves as a potential replacement for their captain

www.mirror.co.uk

Ten Bob brought in his former players and look what happened, is Amorim gong down the same path?

It seems so, if only that had a DOF to control him.