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actually, do we really want a group of people who helped to cause the most devastating economical downturn in history buying the club? apart from Orville, its always said "city of london bankers", well excuse me, but they are a bunch of @#%&!s and the money they are stumpng up is probably funny money earnt ripping the common man off. £#%&! off sadly though, there is no other way to get rid of the Glazers. Apart from an oil rich Sheikh |
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![]() Waynes ear's does finance.......... |
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![]() 'The senate were shocked at Bernanke's more informal approach to the current financial movements.' |
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There are some who work for banks. Jim O'Neill is an economist. Paul Marshall runs a hedge fund. Richard Hytner works for Saatchi & Saatchi and Roy Gardner still runs Centrica, as far as I know.
The people trying to put the deal together are bank types, but the bulk of the investors will be from other types of work. I asked on MUST as I wondered the same thing. |
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Looks like they mean business alright.
http://www.ft.com/cms/s/0/5b36d308-2...44feabdc0.html Two things from Tuesday's Financial Times 1 The Red Knights have approached a huge Japanese investment bank called Nomura who are experts in giving advice on how to take over the club. 2. The Red Knights have apparently had two offers of £500m each to invest in United. |
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True. There's been some hints about the group having ways and means of putting the squeeze on them. The people involved don't seem like stupid people and would know exactly how the Glazers think so it'll be interesting to see what they come up with. It's still at the start of their plan really.
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soz top red, i'll carry on ignoring the debt Quote:
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From the look of it, it was in negative equity and the Glazers will walk away debt-free, as you can probably guess would happen. Tumescent - there were 37,000 shareholders, but the running of the club was never questioned. The plc as an ownership model wasn't what I was aiming to discuss. It had its pluses and its negatives. I'm just a bit fed up with daft foundationless arguments being put up. As with any organisation, a board will be made up and it will take responsibility for the day to day running of the club. I don't understand why the number of investors is viewed as a negative. Surely the more the ownership is diluted, the less chance we have of another Glazer situation? |
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Nomura overture from Red Knights
By Roger Blitz, Leisure Industries Correspondent Published: March 8 2010 22:46 | Last updated: March 8 2010 22:46 The Red Knights have approached Nomura in a further signal of their intentions to wrest control of Manchester United football club from the Glazer family, according to people close to the situation. The Japanese investment bank was contacted on Friday by the group of financiers to see if it would act as corporate adviser, although no decision has yet been made. EDITOR’S CHOICE Rangers in takeover talks - Mar-08High Court orders Portsmouth hearing - Mar-02Editorial: Chasing mediocrity - Feb-26Premier League denies volte-face - Feb-10Portsmouth faces red card from taxman - Feb-09Crystal Palace FC goes into administration - Jan-26Guy Dawson, who joined Nomura in December after it acquired Tricorn Partners, the London-based advisory boutique he founded, advised the board of Manchester United during the Glazers’ takeover bid in 2005. Nomura and the Red Knights both declined to comment. The recruitment of Nomura would be a significant boost to the fledgling Red Knights campaign, which is being orchestrated by Jim O’Neill, Goldman Sachs’ chief economist who was a United board member until the Glazers’ £790m ($1.2bn) leveraged buy-out. The campaign is up against some formidable obstacles, not least the Glazers’ determination to hold onto the club. The Red Knights also want to put together a complex investor base, involving a large number of wealthy investors and ordinary club supporters. They have received offers of £500m from each of two individual would-be investors. However, the group is aligned with the Manchester United Supporters Trust and Mr O’Neill is keen that the fans get a stake in the club |
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