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Unread 06-02-2023, 07:24 PM
92ToBury
 
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Quote:
Originally Posted by Lok
I think we'll struggle as well. The ESL was panned in such a way that it's hard to see it taking off again within the next few decades. How does a new owner see a meaningful return on their investment?

If a state doesn't come in and buy them/us, who will? Ineos obviously expressed an interest but it's hard to see them actually ponying up for us when the Glazers want £6b for a 'business' that needs around £1b spent on stadium, training facilities etc...

We are possibly the biggest sporting brand in the world but how much can that really make us worth when operational costs are contiuning to spiral out of control and there's no end in sight as states will continue to plough money into our rivals.

Doom.
Glazers will have to accept £4bn (boohoo, not bad considering they've invested none of their own money in the club though).

Back at the end of the 80s, I think there were only us and the two Glasgow clubs in the UK who were turning a profit. With the commercial channels we have and support we do, the club is sustainable to save sportwashing levels of investment in the team. It's one thing that makes us more appealing than most clubs.
 
Unread 06-02-2023, 08:22 PM
Lok
 
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Quote:
Originally Posted by 92ToBury
Glazers will have to accept £4bn (boohoo, not bad considering they've invested none of their own money in the club though).

Back at the end of the 80s, I think there were only us and the two Glasgow clubs in the UK who were turning a profit. With the commercial channels we have and support we do, the club is sustainable to save sportwashing levels of investment in the team. It's one thing that makes us more appealing than most clubs.
The profits (EBIDTA) are about £120m a season. Our assets are crumbling. The playing staff are a huge expense and it will continue to grow at beyond inflation.

We're not worth close to £4b to any normal investor.

Whoever buys us will be doing so for the prestige or for whitewashing. That really limits the pool.
 
Unread 06-02-2023, 08:54 PM
92ToBury
 
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Quote:
Originally Posted by Lok
The profits (EBIDTA) are about £120m a season. Our assets are crumbling. The playing staff are a huge expense and it will continue to grow at beyond inflation.

We're not worth close to £4b to any normal investor.

Whoever buys us will be doing so for the prestige or for whitewashing. That really limits the pool.
The profits change significantly if you take the Glazers and their debt off the books - no interest payments or director fees makes a massive difference.

It's like a house with shit furniture and decor - strip it back to basics and use a bit of imagination. 100k capacity stadium starts repaying your investment in both senses (income and book value) and you build from there. Seriously hope they get low-balled though as they don't deserve a dollar.
 
Unread 06-02-2023, 09:10 PM
Lok
 
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Quote:
Originally Posted by 92ToBury
The profits change significantly if you take the Glazers and their debt off the books - no interest payments or director fees makes a massive difference.

It's like a house with shit furniture and decor - strip it back to basics and use a bit of imagination. 100k capacity stadium starts repaying your investment in both senses (income and book value) and you build from there. Seriously hope they get low-balled though as they don't deserve a dollar.
Those profits were ebidta so are before loans.

The club will never make anyone a significant return in their investment at £4-6b.

A 100k stadium would cost well North of £1b. The whole thing makes no financial sense.
 
Unread 06-02-2023, 09:13 PM
redhegemony
 
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There's simple things Utd could improve on. Match day catering is pretty basic and they could serve lots more people. Better turnstiles would get people in more quickly to eat and drink.
 
Unread 06-02-2023, 09:16 PM
Sapien
 
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Quote:
Originally Posted by Lok
Those profits were ebidta so are before loans.

The club will never make anyone a significant return in their investment at £4-6b.

A 100k stadium would cost well North of £1b. The whole thing makes no financial sense.
Agree with this. It's just the wrong price unless you're not viewing it as a financial asset.
 
Unread 20-02-2023, 05:47 PM
Arabian Red
 
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FSG announce the club is no longer for sale.


Close the thread
 
Unread 20-02-2023, 05:58 PM
dunk
 
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Like Gylfi Sigurdsson ‘retiring’.
 
Unread 20-02-2023, 06:26 PM
GBMUFC2020
 
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Quote:
Originally Posted by redhegemony
There's simple things Utd could improve on. Match day catering is pretty basic and they could serve lots more people. Better turnstiles would get people in more quickly to eat and drink.
Add 3/4 hotels with top end restaraunts and a courier service into Manchester and things would look a lot different with a successful team to watch.
 
Unread 20-02-2023, 06:40 PM
Jethro
 
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Quote:
Originally Posted by Arabian Red
FSG announce the club is no longer for sale.


Close the thread
Anyone going to Liverpool away needs to take a few John Henry masks.
 
Unread 20-02-2023, 06:41 PM
Patty_b
 
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On hiatus until their next cycle when they look unbeatable again.
 
Unread 20-02-2023, 08:07 PM
Pop
 
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Just need a Kloop meltdown and a finish outside the top 4 to send the seethe through the roof now.
 
Unread 20-02-2023, 09:08 PM
AK14
 
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Quote:
Originally Posted by Pop


Just need a Kloop meltdown and a finish outside the top 4 to send the seethe through the roof now.
If they finish outside the top four I think it could finish any ideas they had if a rebuild, which they desperately need. Sadly I think Newcastle will drop out and they’ll be the ones to capitalise.
 
Unread 20-02-2023, 10:12 PM
Sparky***
 
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Quote:
Originally Posted by AK14
If they finish outside the top four I think it could finish any ideas they had if a rebuild, which they desperately need. Sadly I think Newcastle will drop out and they’ll be the ones to capitalise.
They won't finish outside top 4. They'll somehow find some form from nowhere, last 10 games of the season and string about 9 wins together. They always £#%&!ing do
 
Unread 20-02-2023, 10:26 PM
Chris Quayd
 
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Quote:
Originally Posted by Sparky***
They won't finish outside top 4. They'll somehow find some form from nowhere, last 10 games of the season and string about 9 wins together. They always £#%&!ing do
Kane will walk to OT if spurs don’t qualify for the Champions League
 
Unread 21-02-2023, 12:13 AM
atticusgrinch
 
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Quote:
Originally Posted by Sparky***
They won't finish outside top 4. They'll somehow find some form from nowhere, last 10 games of the season and string about 9 wins together. They always £#%&!ing do
At least we won't be rolling out the red carpet for the £#%&!ers this season.
 
Unread 21-02-2023, 12:51 AM
Fat Al
 
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Quote:
Originally Posted by atticusgrinch
At least we won't be rolling out the red carpet for the £#%&!ers this season.
We need to £#%&!ing smash them Sunday week. Hurt them badly. I want the Merseyside Samaritans switchboard to go into meltdown. We owe them that.
 
Unread 21-02-2023, 01:15 AM
atticusgrinch
 
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Quote:
Originally Posted by Fat Al
We need to £#%&!ing smash them Sunday week. Hurt them badly. I want the Merseyside Samaritans switchboard to go into meltdown. We owe them that.
I'm still fuming about that capitulation at their place that season. They nearly won the £#%&!er the season after as well.
 
Unread 21-02-2023, 01:17 AM
Selhurst Samurai
 
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Quote:
Originally Posted by Sparky***
They won't finish outside top 4. They'll somehow find some form from nowhere, last 10 games of the season and string about 9 wins together. They always £#%&!ing do
 
Unread 21-02-2023, 09:00 AM
magic_cantona
 
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They're £#%&!ing garbage but I'm nervy as £#%&! about them doing us.

Carragher on commentary, cheering "TRENT!" on and grunting while Salah gets in 1 on 1. We should smash them. Should.
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