Manchester United Rumours Archive October 18 2010

18 Oct 2010 23:26:23
Manchester United Rumours
GK DeGea - 11 million 20yr old long future
DEF Dier - 5 million 16yr old huge potential
DEF Cahill - 12 million 24yr old improving all the time
CDM Javi Martinez - 9 million new Alonso
CAM Honda - 18 million 24yr old gifted player and huge merchandise machine - glazer's very happy
CF Lukaku - 13 million - massive talent

near 70 million spent but honda believed to be able too recoup over half in merc sales

@YAWN! Come on fella, Liverpool are not going on a massive spending spree and neither will United be, Spurs have already had a 17.5m offer for Lakaku turned down therefore nothing under 20m is going to get this player. Javi Martinez is nothing like Alonso and would cost double the 9m you are claiming.

Truth is United will probably bring in 3-4 players and around 5 will leave. The 3-4 players will be two unknowns and a couple 10m players.

18 Oct 2010 22:39:11
Manchester United Rumours
Can't see Rooney going to Madrid in January though it would at least offer the possibility of a swap + cash deal for Benzema. Any cash gained from that could be used to get Schneider or Defour.

But I would be much happier if he stays.

Next few days will be very interesting though.

YOU ARE JOKING AREN'T YOU MATE? THIS MESS IS GOING TO DRAG ON TIL JANUARY 31ST. EVEN IF ROONEY SIGNS A NEW DEAL TOMORROW THE PAPERS WILL STILL SAY HES GOING TO CITY IN JANUARY.

18 Oct 2010 17:10:21
Manchester United Rumours
"Let's talk hypothetically for a moment. Stop second guessing whether or not Rooney's going to and let's talk about possible replacements if he does. I'd like to get opinions from everyone on which player(s) can fill the Rooney void. Would also like to get the opinion of the Editors. Thanks.

* * * * * * * * * * * * * * * * * * * * * * *

My pick :
(thomas meuller + holtby)

bring in the germans.

what do u think ed?

PrISm {ed's note - I am not sure they would be much of a replacement for Rooney, excellent players though they are.}

18 Oct 2010 14:04:17
Manchester United Rumours
"Wrong! there is no mention of the PIKs in any of the bond issue, i should know as i have read it. However there is a clause saying they can take out dividends out of the United revenue to pay towards parent company debts, which would count as the PIKs."

Please read my posts before replying. I have also read the Bond prospectus. I said there was a mechanism for the Glazers to take money out to pay the PIKs, not that the Bond issue mentioned the PIKs directly.

"Wrong again! The PIKs are not secured against Manchester United or Manchester United's assets, they are secured against the parent company. So if the Glazers went tits up we would be accountable for the 521.7m and that is it."

The PIKs are secured against the Glazers' share in the holding company, whose primary asset is the football club it wholly owns. The club would be liable for the debt. Having said that, I don't think it will come to that anyway - the club is generating enough cash to pay off the debt eventually - it just might mean a decade without much investment anywhere else in the club.

DarkLard08

18 Oct 2010 14:02:42
Manchester United Rumours
I don't read the papers you MANC FOOL as they are full of sh*t.

My evidence is SSN, BBC, Sky News, ESPN etc. Have you not got a TV?

LONG LIVE THE GLAZERS!

Blair Mayne YNWA

AND WHERE DO YOU THINK THEY GET THERE RUMOURS FROM? THAT'S RIGHT, FROM NEWSPAPER STORIES. IF YOU WATCH IT ON SKY SPORTS THEY WILL SAY AT THE START OF SPEAKING "REPORTS SUGGEST" OR "NEWSPAPERS ARE REPORTING" OR THEY WILL NAME THE PAPER DIRECTLY.

BBC ARE THE SAME, THEY ARE ONLY REGURGITATING NEWSPAPER STORIES.

ESPN ARE ALEAYS USING QUOTES FROM THE NEWSPAPERS.

WHEN ROONEY SAYS HE WANTS TO LEAVE THEN YOU BELIEVE IT, IF THE ONLY EVIDENCE THAT PAPERS & TV HAVE IS THEY BELIEVE HE WANTS TO LEAVE JUST BECAUSE HES CALLED OFF CONTRACT TALKS, THEN THAT IS LAZY JOURNALISM BECAUSE ITS FAR MORE LIKELY THAT HIS AGENT IS JUST DOING HIS JOB,

GETTING HIM A HUGE FINAL CONTRACT.

18 Oct 2010 13:50:28
Manchester United Rumours
ROONEY HAS NOT SAID HE WANTS TO LEAVE, IN FACT HE HAS SAID ON MANY OCCASIONS THAT HE WANTS TO END HIS CAREER AT UNITED. MANCHESTER UNITED ARE SAYING THAT HES STAYING PUT SO WHAT IS YOUR EVIDENCE? THE PAPERS?
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I don't read the papers you MANC FOOL as they are full of sh*t.

My evidence is SSN, BBC, Sky News, ESPN etc. Have you not got a TV?

LONG LIVE THE GLAZERS!

Blair Mayne YNWA

18 Oct 2010 13:49:52
Manchester United Rumours
There is a mechanism in the Bond Issue for the Glazers to take £70m out of the club to pay off elements of the PIK debt which they didn't activate last year but I would fully expect them to activate this year. There are also allowances for a further £60m or so in loans.

I really get bored with people saying the PIKs aren't United's debt. If anybody here honestly believes they won't be paid off using United's cash, then they are naive in the extreme. If the worst came to the worst and the Glazer's didn't repay them, the creditors would be able to take the money out of United anyway because that's who the debt is secured against.

As I've pointed out previously, by 2017 it will have cost United around £1 billion to service the Glazers' debt.

There is also a clause in the Bond Issue that allows United to borrow up to £75m more to cover operating costs. I guess that will have to be activated next summer to help rebuilding of the squad - so we'll then be £600m + the PIKs in debt.

DarkLard08

Darks if you read what i said then you have just repeated what i have said, i will correct you on a few things though,

""There is a mechanism in the Bond Issue for the Glazers to take £70m out of the club to pay off elements of the PIK debt""

Wrong! there is no mention of the PIKs in any of the bond issue, i should know as i have read it. However there is a clause saying they can take out dividends out of the United revenue to pay towards parent company debts, which would count as the PIKs.

""If the worst came to the worst and the Glazer's didn't repay them, the creditors would be able to take the money out of United anyway because that's who the debt is secured against.""

Wrong again! The PIKs are not secured against Manchester United or Manchester United's assets, they are secured against the parent company. So if the Glazers went tits up we would be accountable for the 521.7m and that is it.

Although you have made a couple mistakes, i agree that it still means the same, the Glazers WILL take out dividends to pay towards the PIKs, that is inevitable even though Gill & the Glazers have denied they will.

18 Oct 2010 12:54:02
Manchester United Rumours
18 Oct 2010 12:21:33

You hit the nail on the head, we didn't have money issues when we sold Beckham , Stam and co. We stood behind the manager through all that even when it was unbelievable. He replaced Stam with Blanc for goodness sake.
The difference now is money , which Rooney will bring in a lot of , not 12 or 20M but probably 50 or 60.
The PIK debt is rising with no way to repay it outside Utd's cash (next years dividend?) and if you missed it we made a nice loss when we didn't sell a major player like we did the previous year.
Mulder

NONE OF THE PAPERS ARE SAYING THAT THE GLAZERS ARE TRYING TO SELL ROONEY, THE PAPERS ARE SAYING THAT UNITED ARE TRYING TO GET ROONEY TO SIGN A NEW DEAL BUT HES CALLED OFF THE CONTRACT TALKS.

SO IF THE PAPERS ARE NOT GOING ALONG WITH YOUR CONSPIRACY THEORIES THEN I WOULD SAY YOU ARE ON YOUR OWN FELLA, ITS MORE LIKELY THAT ROONEY WANTS TO DO SOMETHING DIFFERENT, HES BEEN AT UNITED FOR SEVEN YEARS NOW AND MAY FANCY A CHANGE, PERSONALLY I THINK HES PLAYING HARDBALL OVER A NEW CONTRACT, ITS VERY COMMON, CHIELLINI DONE IT, SNEIJDER IS CURRENTLY DOING IT.

IF ROONEY DOES WANT TO LEAVE WHICH I DOUBT, THEN IT WILL BE BECAUSE OF HIM AND SIR ALEX FALLING OUT. IF THIS WAS ALL PART OF THE PLAN FOR THE GLAZERS POCKETING 50M THEN I DOUBT IT VERY MUCH ROONEY WOULD BE REMAINING SILENT RIGHT NOW.

WHEN UNITED ANNOUNCED THEIR 83.6M LOSS, A FINANCE SPECIALIST ON SKY SPORTS NEWS SAID UNITED ARE IN A VERY HEALTHY POSITION, HE ALSO WENT ON TO SAY THAT UNITED WILL BECOME THE FIRST CLUB TO BE WORTH 2 BILLION STERLING.

NOW I MAY NOT TAKE GILLS WORD THAT WE ARE OKAY AND THAT THE 83.6M LOSS WAS A GOOD RESULT, BUT I WILL BELIEVE AN INDEPENDENT FINANCIAL ADVISER/BUSINESSMAN/SPECIALIST. OF COURSE A 83M LOSS IS NOT GOOD BUT WHAT YOU HAVE TO REALISE IS 101M OF THE LOSSES WERE "ONE OFF" PAYMENTS, PAYMENTS WHICH WE WILL NOT HAVE TO PAY NEXT YEAR.

SO IN MY OPINION:

1) ROONEY IS TRYING TO FORCE A HUGE FINAL CONTRACT.

2) OR IF HE WANT TO LEAVE THEN ITS PURELY BECAUSE OF THE ROWS HE 'APPARENTLY' BEEN HAVING WITH FERGIE.

BYE BYE MULDER.
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Two points i have to point out to you MULDER you MANC FOOL!

1) IF Shrek leave's at the end of the season you will not get 50-60 mill for him. He will be in the last year of his contract and who pay 50-60 mill with just a year left. He will probably go for 30-35 mill or 20 mill plus Benzema from Real Madrid.

2) It's not the papers saying it anymore SSN are saying it now (IF you believe them). And now SkyBet have his odds to leave at 1-6 on And the bookie's very rarely get it wrong.

So in short bye bye shrek.

LONG LIVE THE GLAZERS!

Blair Mayne YNWA

18 Oct 2010 10:06:41
Manchester United Rumours
Does anybody have a little faith that if the club's finances become unmanagable then the Glazers will take the 1.5bn offer?

I do. I don't think they would let it get to a point where the club is suffering for their debts when, in one fell swoop it can all be paid off. Just an opinion but i reckon if they can't offer the necessary funds to keep the club at the top then they will know its time to sell. Until then i am going to trust they know what they are doing!

Rooney going absolutely nowhere by the way. A new contract will be signed and this will all be forgotten. I wouldn't compare this to Stam, Beckham etc etc. This is different.

Would like to see Afellay at OT as he is quality, also a LW is needed and my bet is on Bastos.

18 Oct 2010 10:03:07
Manchester United Rumours
United should use Rooney in a swap deal and Bring Ronaldo back. . . .Wishful thinking i know. Darren Bent might not be a bad shout if Rooney is to leave, could see Berbatov and Bent linking up well. What do you think?

18 Oct 2010 06:04:07
Manchester United Rumours
Rooney has spilled the beans. no contract extension. .he wants out. .