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Old 19-11-2013, 06:03 PM
irk
 
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Quote:
Originally Posted by jem
there was an existential threat simply due to the existence of debt and the possibility of not hitting targets. I would argue that the threat of reduced spending was a reality, rather than a possibility.

whether you think their model is right depends on whether you include expecting other people to pay off the debt for them or any moral position. plus, moyes and his staff represent a massive risk according to your philosophy. glad to have you on board.
 
Old 19-11-2013, 06:33 PM
jem
 
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I would consider robbo and keano "not really making a case for themselves" to be a bit of an understatement.

the m.o.n.-keano dream team
 
Old 19-11-2013, 06:58 PM
red in cumbria
 
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Quote:
Originally Posted by TripDownMiseryLane
Two grammar securitate agents on my case:shakehead:

Defending the indefensible Atticus? thought that was what you do for a living Expect it from the memory man of cumbria, that post was about two years ago.....
Wasn't actually referring to you specifically there, tbf.

There are certain posters on here who do it all the fucking time
 
Old 19-11-2013, 08:38 PM
Charlestown Rouge
 
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Quote:
Originally Posted by Charlestown Rouge
I'm not sure what you do professionally but more or less every finance professional accepts that this was a high risk, high reward strategy at a very bullish period for majorly indebted buyouts just three years before world wide financial meltdown - as you've acknowledged, the fact it hinged on the health and well being of a man in his late 60s made it even more precarious.
Quote:
Originally Posted by Tumescent Throb
the problem with this line about finance professionals at the time and still today is that most of these people knew fuck all about football and everything they know now is thanks to watching this takeover
So why are you so different? Do indulge us.
 
Old 19-11-2013, 08:44 PM
ralph
 
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Quote:
Originally Posted by irk
 
Old 19-11-2013, 08:56 PM
Mad Jack
 
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Let me start off by saying that we have had a lot of success in the past 8 years in spite of the Glazers and not because of them. Although I hate the current regime I find it difficult to blame the Glazers. Somehow our country allows foreign businessmen buy one of our sporting clubs purely on a debt. Whilst I'm not totally wet behind the ears in business I do feel that such popular pastimes such as elite football clubs, being our national sport and with the following that generates, should not be available for foreign ownership. And certainly not own the ownership done so via a loan.
How a national businessman did not spot this opportunity is beyond me. Where were the Red Knights when the Glazers were snapping up all our shares? It was hardly done secretly.
It is beyond frustrating how a club the size of ours no longer competes with the elite of Europe in the transfer market due to huge loan repayments and managerial fees. But the truth is the Glazers will be going nowhere. And why should they? If I was on as much a lucrative deal as they are it would take a mind blowing bid to get rid of me as well.
 
Old 19-11-2013, 09:28 PM
jem
 
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Quote:
Originally Posted by Charlestown Rouge
So why are you so different? Do indulge us.
isn't it enough that you're right without inflicting his response on the rest of us?

I even let the bit about bankers who are football sages slide.
 
Old 19-11-2013, 10:37 PM
My Name is Keith
 
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Quote:
Originally Posted by Ethers
So Throb was right all along, again?

Well fancy that...
Not only that, it's the implication that everyone else was wrong. There are plenty of us who thought the glazer takeover would damage rather than cripple the club and I would argue that we were right.

It was a huge gamble to load the club with previously unimaginable debt and that debt has clearly had an impact on how the club had operated. Give me the same period without the debt and we would be a better club now.

Were the doomsayers that said that this was the end of the club right? No.
Is the club better for the glazer takeover? Is it fuck.
 
Old 19-11-2013, 10:38 PM
A stalker on the internet aka thrush
 
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9 pages on this shit.

Ronaldo, Tevez out

Valencia, Obertan, Owen in

Nothing else needs to be said.
 
Old 19-11-2013, 11:02 PM
jem
 
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Quote:
Originally Posted by My Name is Keith
Not only that, it's the implication that everyone else was wrong. There are plenty of us who thought the glazer takeover would damage rather than cripple the club and I would argue that we were right.

It was a huge gamble to load the club with previously unimaginable debt and that debt has clearly had an impact on how the club had operated. Give me the same period without the debt and we would be a better club now.

Were the doomsayers that said that this was the end of the club right? No.
Is the club better for the glazer takeover? Is it fuck.
I hope you're embarrassed about your recent throb love-in.
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