When will Sheikh Mansour start taking dividends/cash?

[Woody135]

Could be wrong but we dont have reserves on balance sheet to distribute dividends anyway. He gets cash by selling minority holdings and hence gets the cash from external investors not the club itself. No indication of him taking cash from the club and see no reason for that to change. Drop in the ocean to his wider investment portfolio

 

[mac]

He has the right to if he ever wanted and the company warranted it.

 

[Prestwich_Blue]

With Silver lake being an investment firm, i understand that their investment has gone up in terms of equity growth, but would expect some kind of dividend to be paid to them as a return on investment. Otherwise they get nothing for their investment until they sell their stake?

Silver Lake's investment wasn't dealt with correctly in the accounts originally. It was initially treated as an equity investment, where they buy shares at a given price and receive any dividends paid to other shareholders. As with any shares, the value can increase or decrease.

We don't pay any dividends, as all spare cash is reinvested in the squad, but Silver Lake's investment was (or has been converted to) preference shares, on which they receive a set amount of interest I believe.

Hopefully, at some point united will go into administration, the share price will collapse completely and Sheikh Mansour will take them over for £1. Then he can take dividends out of them that will make the ones taken by the Glazers look like small change.

 

[117 M34]

Silver Lake's investment wasn't dealt with correctly in the accounts originally. It was initially treated as an equity investment, where they buy shares at a given price and receive any dividends paid to other shareholders. As with any shares, the value can increase or decrease.

We don't pay any dividends, as all spare cash is reinvested in the squad, but Silver Lake's investment was (or has been converted to) preference shares, on which they receive a set amount of interest I believe.

Hopefully, at some point united will go into administration, the share price will collapse completely and Sheikh Mansour will take them over for £1. Then he can take dividends out of them that will make the ones taken by the Glazers look like small change.

If the glazers ever need a few billion quid, would it be possible for them to 'remortgage' united and put the debt onto the club as they did with the initial takeover?
Just thinking of a dream scenario.

 

[Prestwich_Blue]

If the glazers ever need a few billion quid, would it be possible for them to 'remortgage' united and put the debt onto the club as they did with the initial takeover?
Just thinking of a dream scenario.

Absolutely it would. But given the state they're in, who would lend them the money?

 

[Grassland Blue]

Probably end of August just before the start of his kids new school year. Uniforms from C&A are quite pricey plus Star Wars lunch boxes and assorted pens etc... from Woolworths are a further unwelcome expense.

Woolworths you say?
The last Woolies I saw was in Berlin.
Perhaps you mean Wilkos?

 

[r.soleofsalford]

The Glazers have taken out another £11m in dividends, so my question is, when will HRH want to start taking cash out?
He bought City and invested into it, as he has the CFG group, but he hasn't actually taken any cash yet
The agreement with China Media Capital was that the funds they bought into the club with was reinvested in China, so he didn't actually receive any money

HRH doesn’t need the money so while the value of his holding in Manchester City keeps rising I think he’ll be more than happy to sit and watch his asset grow.

 

[remember arthur mann]

I think the Sheik has decided to wait until the Arena has opened and take it in kind....

 

[hilts]

Woolworths you say?
The last Woolies I saw was in Berlin.
Perhaps you mean Wilkos?

I lost track of pretty much everything in the 80’s

 

[BrianW]

Probably about the time when he gets bored.