MUST buy Old Trafford

Originally Posted by Bunker Buster

Oh £#%&!...

I owe you green.

its fine, just bad rep ginners and we're even.

Originally Posted by TheKitchenSink

its fine, just bad rep ginners and we're even.

Done

Originally Posted by HERTS_RED

Means nothing, unless the club decide to sell OT at which point MUST are given first option to buy it (only OT on its own not the club as a whole)

http://www.businessofsoccer.com/2013...mmunity-value/

The club have asked the council to review so maybe there worried

It doesn't mean nothing, it means that the Glazers can't flog Old Trafford off on the quiet, lease it back and pocket the difference, with another United asset being squandered in the process.

Previously there was nothing to stop them doing this, and they specifically mentioned they would consider doing so in the 2010 bond prospectus:

The indenture governing the Notes will not prohibit us from selling certain key properties
The indenture governing the Notes will limit our ability to sell or transfer, but not prohibit us
from selling or transferring, our training ground facilities and our stadium.

http://i.dailymail.co.uk/pdf/ManUtdProspectus.pdf

The Glazers are not only appealing the decision, they employed lawyers to oppose the original request. Would they really have bothered if the whole thing was meaningless?

Originally Posted by Bunker Buster

Done

wtf

Originally Posted by TheKitchenSink

you don't think MDSESWIDTBPIHMUSLTSWCCOTVWACTITHTATGGWOIAPCAMU/OT/TMWBLITSCOPC is marketable?

Impressed Dont think it will fit on the badge though.

maybe just shorten it to MUST?

Originally Posted by Bunker Buster

There's a double GG at 'all the Glazers'

Yhbr.

Makes the chant event worse.

Originally Posted by lztom

It doesn't mean nothing, it means that the Glazers can't flog Old Trafford off on the quiet, lease it back and pocket the difference, with another United asset being squandered in the process.

Previously there was nothing to stop them doing this, and they specifically mentioned they would consider doing so in the 2010 bond prospectus:



http://i.dailymail.co.uk/pdf/ManUtdProspectus.pdf

The Glazers are not only appealing the decision, they employed lawyers to oppose the original request. Would they really have bothered if the whole thing was meaningless?

what restrictions if any are in place regarding how much the owners could value the stadium/land at?

i think this ruling is very important for United fans should the owners go bust or the company go bad. but if it stays healthy as it is right now surely there's no way enough money could be raised inside 6 months to buy it even with a first option if the asking price can be set arbitrarily?

Originally Posted by Tumescent Throb

what restrictions if any are in place regarding how much the owners could value the stadium/land at?

i think this ruling is very important for United fans should the owners go bust or the company go bad. but if it stays healthy as it is right now surely there's no way enough money could be raised inside 6 months to buy it even with a first option if the asking price can be set arbitrarily?

Yes, realistically (assuming the club hasn't fallen on truly disastrous times) there's no way the fans could raise the money, except in some hypothetical 'Red Knights' (sic) or sugar daddy situation.

The real value of the judgement is that the Glazers can't now flog off Old Trafford on the sly, lease it back and siphon the difference off into their dungeons in Delaware.