Glazer Has Control Of ManU
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Sublime




Posts: 8615

PostPosted: Thu, 12th May 2005 22:38    Post subject: Glazer Has Control Of ManU
hmmmm 790.3million £ for 28.7% of manu. damn i didnt think it was a £3billion+ club Surprised anyway kinda sucks but it all depends on what he does with his 56.9%. he still needs to buy another 18% at 3 quid each so he's going to be down even more. I think some people are blowing it all outta proportion, tycoons want to make more money not burn their money into the ground. As long as he doesn't bottom feed the club then it will be ok Smile


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Saner




Posts: 6871
Location: Uk
PostPosted: Thu, 12th May 2005 22:41    Post subject:
he dosent have control til he has 100% but he is now the majority shareholder

He cant transfer his debt untill he has 75%

so buy shares in shareholders united, he cant take control (or more importantly transfer his debt) until he owns 75% +, so shareholders united needs to own 25% +

Stop him from transfering his debt and its little diffrent


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I saw things like that in here and in other "woman problems" topics so...... Am I the only one that thinks some authorities needs to be alerted about Saner and him possibly being a rapist and/or kidnapper ?Smile

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Last edited by Saner on Thu, 12th May 2005 22:45; edited 1 time in total
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skidrow
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Posts: 8691

PostPosted: Thu, 12th May 2005 22:44    Post subject:
2nd chelsea Laughing


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Sublime




Posts: 8615

PostPosted: Thu, 12th May 2005 22:51    Post subject:
i just said that Rolling Eyes he needs to buy 75% for 100% ownership but even if that offer gets refused i think he still will have his majority stake.


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CobbMk2




Posts: 1111

PostPosted: Fri, 13th May 2005 18:09    Post subject:
Not good for Man Utd. The club is currently not in any debt. For Glazer to pay back the debts he's incurred in buying Utd he'll have to do stuff like increase ticket prices.

It was different for Chelsea. Roman turned up with a suitcase full of money.
As for Glazer, he's using money lenders.

But when all's said and done, at the end of the day Very Happy, he's a business man, so I'm sure Utd will do OK.
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m2rock




Posts: 1357

PostPosted: Fri, 13th May 2005 18:21    Post subject:
Hahaha oh hope he gets 90 percent and force buys the remaining 10 and puts on debt onto the team and messes up and makes it into a leeds. hahahahahaa
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CobbMk2




Posts: 1111

PostPosted: Fri, 13th May 2005 18:23    Post subject:
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nouseforaname
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Posts: 21306
Location: Toronto, Canada
PostPosted: Fri, 13th May 2005 18:46    Post subject:
@cobb Laughing

So does ManU play yank ball now? Wink


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CobbMk2




Posts: 1111

PostPosted: Fri, 13th May 2005 20:36    Post subject:
Yep, coz Glazer now owns 75%.
Be interesting to see how good they are next season.
What if they get relegated Shocked Laughing
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Sublime




Posts: 8615

PostPosted: Fri, 13th May 2005 21:28    Post subject:
tbh i do think he may be geniuinely a fan of man united. Sure he's racked up 300million quid debts but i dont think he'll cut the spending to 20million this year but then again he wont be giving out shed loads.


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m2rock




Posts: 1357

PostPosted: Sat, 14th May 2005 00:14    Post subject:
It was 100 million quid for the next 5 year. Utd has a rather good squad now and 20 million quid per summer isnot little if you take into account that Arsenal will be only spending 5 this ummer
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Sublime




Posts: 8615

PostPosted: Sat, 14th May 2005 00:24    Post subject:
yea spending 5 but will get some revenue from selling players like gilberto (if he does go). i hope united get ebu although they wont Sad he's a class player, and should be in the arsenal team even if he wont play any more.


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m2rock




Posts: 1357

PostPosted: Sat, 14th May 2005 11:48    Post subject:
Utd would get revenue if they sold a player. Edu is great, I agree. Edu is leaving on a free transfer which must be a blow to Arsenal.

The fans own around 18 percent so Glazer most likely will not own 100 percent but he has atleast 74.81 percent of the club. 0.191 percent more and he can delist the club and have a LOT of freedom how the club is run.
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St@m




Posts: 63

PostPosted: Sat, 14th May 2005 13:46    Post subject:
Cue te "you're not Man U anymore" chants!
United's 20 million is less than "mighty" Wigan have to spend this summer lol
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