Manchester United Rumours Archive October 12 2010

12 Oct 2010 23:17:20
Manchester United Rumours
Look at all this Fergie bashing/defending.

I, personally, believe he should go soon. He's going senile and will probably enter his last decade next year.
Man Utd will obviously collapse after that, but it's worth a shot.

And also all this "Glazers are smart businessmen" "SAF gets £50m transfer fund in January" "We have very little debt", yep, I heard similar stuff from Leeds fans a few years ago.
If the Glazers are so smart, why did they get Utd in £1bn debt? And that talk about £160m in the bank, laughable. Don't you think that would've been used to clear some of the debt?

ReD jOn

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Well then what's the point huh were all doomed & might as well back it all in now, do you have an idea who should replace SAF then? Keep in mind the job he's done and doing right now that his successor will also have to do to maintain the high level he set for MUFC since he's been here? Actually the 1 person who ticks all boxes to replace SAF is currently unavailable and doing work in Madrid so yeah.

Ok where have you got this 1bn debt from? Its 220M in PIK which are for Glazers own personally debt, that's not attached to any debt of MUFC, and then there's the 500M for MUFC own debt which if you want add up is 720M?

And yes there really is 165M in bank that can be used for transfer money; the figures were released to the public less then a week ago?

They are paying the debt though? Well sort of they pulled out a 500M Bond Issue. In which 40M a year has to go towards paying off, luckily enough for us the money MUFC makes can pay that off every year, that's the case right now anyway.

The difference with Leeds & us is, we are successful on pitch to be successfully off the pitch, which didn't happen for Leeds as they put all their eggs in 1 basket in hope of UCL football every year and it didn't happen. So they couldn't cover the costs. For us we generate alot of money from other resources & not just UCL money, so we can cover up a loss because we generate more money then we lose.

MUFC is a business as well a football club, the Glazers know that, for MUFC to be good off pitch it has to be done right on the pitch, other companies pump money into the club as the MUFC Brand is such a vast one its opens up new doors for them & in turn gets us more money for "other uses", if we lose stability on pitch then investors and companies lose faith in you hence why they don't want to stick around.

So when SAF last month was saying when VDS, Giggs, Neville & Scholes retire and he has to replace them with good quality players he's not lying, SAF, Gill & Glazers know that. Those guys are a rare find of talent, and need to replace them with talent equal to or near their level for big money from other clubs. You can't expect to lose those guys & not replace them and think the team will be fine on pitch as well it doesn't work like that. That's why there 165M in the bank & hasn't been taken out to pay off either debt. Its there for players to be replaced when the time nears.

If Glazers were to say no money to replace these guys & club stands still then that's when to really worry, because alot of money will disappear rather quickly from club, and result in companies saying I don't want to put my money into your company, as can't be good enough on pitch so why should I trust you? And you lose big & bigger income money.

Its why I said few weeks ago that I think SAF will buy big to replace the players, as it will maintain a good level for MUFC on pitch so money investors & co. Can put money into club for its successfulness off the pitch. Glazers need MUFC to be good on pitch for the future more so now because of the bond issue.

As much as MUFC fans hate the Glazers, and lets be clear about this I don't like them either, there idea of putting a club into debt to make money is nothing I like but its a business model that many companies do I believe in America. But the Glazers can't expect MUFC to stand still as they'll stop getting the money they do now by doing so. So MUFC have to compete on all fronts on the pitch to be available to move on off pitch and the cycle continues.

The bad is that we lost 83.6M, not a small number by any means, and 67m of that 83.6M is due to one off payments & the debt related to the bond scheme/issue. The other 16.6M may be due to player transfers, I am unsure though.

The fact is Man Utd at the moment can continue as it is and still grow worldwide and by doing so can gain more exposure and more money into the club, in which insures we can maintain the current good level on the pitch. If we can gain more money this season in cup comps' and winning league title we can gain more money next year and if we continue to do that over next few seasons we will gain even more money (through sponsor money, winners money, new investors) then we lose as proven by latest batch of financial reports. Then as far as Glazers will see it its smart business, no company is immune to losing money no matter how small or large. The challenge is in making more profit then you lose and that's what we do as we're lucky enough to have success on the pitch like we have done which is down to SAF & co. What a shock *shakes heads*.

The debate others will say is this summer saw us stand still and it is time to worry but I don't think that is the case. The team had important players injured and/or out of form and that can stop at any time, its only the middle of Oct' as well. So there is still lots of time for the club to win the league or to win something this season, so not's all panic stations on the pitch at least for now anyway.

12 Oct 2010 22:06:37
Manchester United Rumours
Affelay. . Afflay. we shud go for him. .

12 Oct 2010 22:04:12
Manchester United Rumours
12 Oct 2010 21:52:02
Manchester United Rumours
If the Glazers are so smart, why did they get Utd in £1bn debt? And that talk about £160m in the bank, laughable. Don't you think that would've been used to clear some of the debt?

ReD jOn

1bn?? u must know more about the club than anyone else in the world no 1 else thinks its 1billion

12 Oct 2010 19:45:09
Manchester United Rumours
In response to Red Eric (embarrasing)

If you are a true United fan and remember the ignominy of the 70's and early 80's you will pray that SAF stays until he is 90. Sure he's made some strange decisions over the years and we all occasionally question or even disagree with his decision making, but absolutely no true United fan would disagree that he is the most successful manager we or any other club has ever had. I can only assume that you are either twelve years old or a bitter rival fan.

12 Oct 2010 14:44:56
Manchester United Rumours
Manchester United Rumours
Look guys we need Sir Alex out now!

He is destroying the club and I don't trust him at a team when we need to rebuild the squad. His decisions selections and transfer dealings are idiotic, his legacy is at risk GO NOW BEFORE YOU RUIN US. I for one will never forgive him for blowing it in Rome.

*You're obviously an idiot.*

12 Oct 2010 00:05:26
Manchester United Rumours
Question for Editor, who would you prefer? NESV or Peter Lim? NESV worth around £2bn between all of the investors or Lim worth $1.6bn (£1bn). {ed's note - NESV seem to be the better bidders, Peter Lim I don't trust at all, even forgetting the fact he is a United fan, he doesn't seem to have the correct motives and is a publicity seeker in my opinion.}

Similar to Huang ed? He was just trying to get known was he not? {ed's note - not quite, Lim has the money and would have bought the club if NESV hadn't won the decision. I just think his talk now is pure publicity seeking.}