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if the glazers decide not to sell it's because they think that longer term the club is going to be worth even more. they absolutely won't give a shit about any short term fluctuations in the price of the common stock. |
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Take Darcy Glazer, who is apparently the one who wants to sell. According to the Athletic. next to Joel Glazer she owns the most shares in the company. (Class A & B) Let's say, Darcie Glazer's currently has £392,000,000 worth of MANU stock at current price. If it drops down to the share price under Ralph Rangnick it's worth around £231,000,000. That's close to having your wealth cut in half. I am of course engaging in speculation. The Glazer's may choose minority investment, but the siblings and the hedge funds will get to sell their shares out on a high if Qatar wins on a full sale. They risk watching their wealth piddle away, if the share price plummets under minority investment, and erodes away because they can't compete with super wealth clubs. |
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How the £#%&! would he know? |
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Potential American investment? Cardiff have experienced extreme highs and lows since Tan arrived in 2010, with Premier League promotions and relegations interspersed with rebrands, acrimonious managerial departures and countless other controversies. Dalman says Cardiff's Malaysian owner remains committed to the club but the chairman remains open to the idea of additional investment. "I've been meeting a lot with US private equity funds and the valuation of football clubs is going through the roof. Americans are determined to come into this market quite heavily," said Dalman. "I spoke to the owners of Leeds when we were there, and Championship clubs are valued at three times their revenue, give or take. "Manchester United are going to announce their sale at £7.2bn-7.3bn, which is roughly 10 times their revenue. "Two or three years ago, we might have been talking about selling Cardiff for about £20m or £30m but now you're going to have to look at £90m or £100m. Valuations [of Championship clubs] have all stretched. |
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