What return does the Skeikh expect?

while we're on the subject of money and returns; there but for the grace of Allah etc: <a class="postlink" href="http://www.redandwhitekop.com/forum/index.php?topic=257942.0" onclick="window.open(this.href);return false;">http://www.redandwhitekop.com/forum/ind ... c=257942.0</a>
 
more trouble in paradise;

£40m-plus to spend at Manchester United but Sir Alex Ferguson can’t break bank to wage war

Manchester United's attempts to regain the Barclays Premier League title from Chelsea will not tempt the deposed champions to break their wage structure, it emerged last night.

United manager Sir Alex Ferguson has been told by the club's owners he can spend as much as he thinks is appropriate on transfer fees this summer but has been warned that the club will not pay inflated wages.

Aware that Chelsea and, in particular, neighbours Manchester City are happy to throw huge salaries at the world's best players, United have taken an in-depth look at their own policy.

It is understood that although United are aware it could cost them players, as it did when Karim Benzema moved to Real Madrid from Lyon last summer, Ferguson, chief executive David Gill and the Glazer family will stick to the methods they believe have contributed to their success over the years.

Rio Ferdinand and Ryan Giggs are among United's top earners with wages in excess of £100,000 a week. That figure is likely to be exceeded when Wayne Rooney renegotiates his contract at the end of the summer.

However, these figures pale in comparison with Emmanuel Adebayor's £190,000 a week at City and the £150,000 Chelsea pay John Terry and Frank Lampard. City also offered Chelsea skipper Terry more than £200,000 a week to join them last summer.

According to Old Trafford sources, the club lost Benzema to Madrid last summer when the France striker demanded 'stupid money', even though United had agreed a £30million transfer fee with Lyon.

This could happen again this summer but United remain sanguine and confident that a policy aimed at keeping the club's dressing room strong will not backfire.
New deal: Wayne Rooney (centre) will renegotiate his United contract this summer

With much attention still being directed at the stewardship of the Glazer family, sceptical United fans will no doubt feel the Glazers' financial restrictions are stopping the club from being competitive in the transfer market.

Nevertheless, the owners' message is that the manager will be given the £40m that remains unspent following last summer's £80m sale of Cristiano Ronaldo and more if he wants it.

So far, the feeling is that Ferguson, rightly or wrongly, will not make stellar signings as he looks to make up ground on Chelsea. Having already recruited Fulham defender Chris Smalling and Mexican striker Javier Hernandez since Christmas, United have now added six players - Michael Owen, Gabriel Obertan, Mame Biram Diouf and Antonio Valencia were brought in last summer - since Ronaldo was sold a year ago.
On his way: Fulham's Chris Smalling will join United in the next few weeks

On his way: Fulham's Chris Smalling (left) will join United in the next few weeks

Ferguson has suggested that two more will arrive in the coming weeks, one of whom is sure to be a goalkeeper, but it appears that United fans keen for a really big arrival may have to wait a while longer.

Yesterday the Red Knights group currently looking to put together a £1.2billion buy-out package released a statement saying they will not attempt to pay over the odds for the club.

This came on the back of leaks from the Glazer camp last week that the family had already turned down £1.5bn from a consortium in the Far East.

A spokesman for the Red Knights group said last night: 'We have had productive conversations with potential investors in recent weeks which have reinforced our belief that it is wrong to offer above fair value, particularly given the urgent need for the club to reduce debt; and that fair value is likely to be reducing over time given the headwinds facing the game of football. Accordingly, we will continue to build support in a measured way and will give a further update in due course.'

It is understood that the Glazers remain determined not to sell United and it was even suggested last night that they would be happy to receive a Red Knights offer just so that they could turn it down.
 
Kinky by name said:
while we're on the subject of money and returns; there but for the grace of Allah etc: <a class="postlink" href="http://www.redandwhitekop.com/forum/index.php?topic=257942.0" onclick="window.open(this.href);return false;">http://www.redandwhitekop.com/forum/ind ... c=257942.0</a>

Damn that was grim reading

As to why Sheikh Mansour bought us well I expect there were several reasons most of which have been articulated here. Raising the Abu Dhabi profile no question. The Premier League is beamed around the world and along with F1 is a cost effective way to promote the Abu Dhabi brand to every worldwide market. They chose City primarily I think because of location and the opportunity to redevelop the area around a pre-existing stadium. I also understand he is a football fan and has invested heavily in the local team so their is an element of personal pleasure.

Making money out of City is not on the agenda. Even if we do become self-sufficient it will still be small change from their perspective although the investment in the area around the stadium may produce a more meaningful income stream.
 
I have said it before and no doubt I will say it again soon..

City is a project that might be Sheikh Mansours responsability but it´s a much to big media thing for him to go ahead with without the blessing of the rest of the Al-Nahyan family who we might consider stakeholders if not actual shareholders.

That really makes the idea of a financial return somewhat academic as we are suddenly talking about a family with assets in the region of 2 trillion pounds (IMF estimate).
Yes, the oil will run out one day but Abu Dhabi holds about 20% of the worlds known reserves, and have not really begun exploring their huge gas-fields yet.
Nevertheless Abu Dhabi is investing abroad, but it´s a two way investment policy..thru ADIA they are targetting reliable income, thru the other SWF's they are making strategic investments in particular in sectors that they see as vital to Abu Dhabis future,
Finally we get to what I call glamour investments..the fun stuff like F1 and yes City. Will it yield a return?
Yes, they are certain of that..but not in a financial sense really.
 
Looks like a plaything.

Football looks very unprofitable in the future with skyrocketing player salaries and the debt models teams are adopting.

This venture can't possibly be profitable in the next 5 years.

Don't despair, though. These are the type of people who think nothing of throwing around hundreds of millions on breeding horses. Maybe soccer will someday become a national pride issue in the UAE.
 
S04 said:
I have said it before and no doubt I will say it again soon..

City is a project that might be Sheikh Mansours responsability but it´s a much to big media thing for him to go ahead with without the blessing of the rest of the Al-Nahyan family who we might consider stakeholders if not actual shareholders.

That really makes the idea of a financial return somewhat academic as we are suddenly talking about a family with assets in the region of 2 trillion pounds (IMF estimate).
Yes, the oil will run out one day but Abu Dhabi holds about 20% of the worlds known reserves, and have not really begun exploring their huge gas-fields yet.
Nevertheless Abu Dhabi is investing abroad, but it´s a two way investment policy..thru ADIA they are targetting reliable income, thru the other SWF's they are making strategic investments in particular in sectors that they see as vital to Abu Dhabis future,
Finally we get to what I call glamour investments..the fun stuff like F1 and yes City. Will it yield a return?
Yes, they are certain of that..but not in a financial sense really.

I bow to your superior knowledge on this.

What do you think of the idea of the Universities having a tie-up with the UAE?

An investment in new technologies and a swanky new campus perhaps?
 
They are big on education and technology..It´s the crown prince himself that have made sure that it´s on the agenda.

UAE might end up as a high-tech country in the middle-east eventually.
 
Prestige and a big coupe for Abu Dhabi if we break into the CL, thats why i am so disappointed. The owners did everything asked of them, the dim shit players and management let them down.
 
Bonol said:
Prestige and a big coupe for Abu Dhabi if we break into the CL, thats why i am so disappointed. The owners did everything asked of them, the dim shit players and management let them down.

What? Frank threw in a Audi TT for the Sheikh as part of the deal? Should have held out for better in my opinion
 

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