Literally only two articles below this one....
Comment deleted by Article Creator
comment by PhilspursFGR (U3278)
posted 20 minutes ago
Literally only two articles below this one....
----------------------------------------------------------------------
I did not see that. But this one is a much more complete discussion of the issues and their details, including Levy's outrageous salary and bonuses!
Season ticket price hike brings club extra 3 million
Business man and all round despicable human levy gets 3 million bonus
Hhhhhmmmmmmmm
Can someone with a bit more nous on this subject explain to me why we're looking for investors? If the ultimate goal is to remain sustainable then what on earth is new investment being sought for? How much of it can actually be used? I find it really odd.
christ, here come the conspiracy theorists.
comment by fridgeboy (U1053)
posted 3 hours, 11 minutes ago
Can someone with a bit more nous on this subject explain to me why we're looking for investors? If the ultimate goal is to remain sustainable then what on earth is new investment being sought for? How much of it can actually be used? I find it really odd.
----------------------------------------------------------------------
Probably Levy trying to buy more time, nothing will likely happen and we`ll all be here in 5 years time having the same discussions having won feck all.
comment by ●Billy The Spur● LEVY OUT- ENIC OUT! (U3924)
posted 1 minute ago
comment by fridgeboy (U1053)
posted 3 hours, 11 minutes ago
Can someone with a bit more nous on this subject explain to me why we're looking for investors? If the ultimate goal is to remain sustainable then what on earth is new investment being sought for? How much of it can actually be used? I find it really odd.
----------------------------------------------------------------------
Probably Levy trying to buy more time, nothing will likely happen and we`ll all be here in 5 years time having the same discussions having won feck all.
----------------------------------------------------------------------
If ENIC are deciding to sell some of their shares in the short term, you would hope the new investor will be allowed to pump in funds to help with the first team recruitment, funds to service our debt, which would release more funds for the first team and probably from Levy's POV, provide loans to build the other real estate around the ground. And of course give ENIC a return on their initial investment. Levy annoucing Roshchilds yday could be a way of starting an auction, similar to Utd with the Sheikh and Sir Jim. I was thinking yday he might have someone lined up but he would want max value so an auction would make more sense.
In longer term, it would give the new investor an opportinity to buy a majority shareholding IF ENIC ever decided to sell.
That's my hunch anyway
News just in that Premier League clubs are considering abolishing the points deduction thing claiming that PSR isn't working. This is so feckin typical. The big boys don't like it so they'll scrap it. What a joke. They can't be trusted to make their own rules. It's completely absurd.
https://www.dailymail.co.uk/sport/football/article-13271249/Premier-League-eyeing-ABOLISHING-points-deductions-introducing-NBA-style-luxury-tax-fears-stars-leave-rules-restrict-pay-Everton-Nottingham-Forest-lost-points.html
Introducing a luxury tax will do nothing to stop the likes of City and Newcastle dominating. They don't care about the money. Feck me. This is such a feckin joke.
Depends our much tax they have pay. The taxed money would be distrubuted between the clubs who play within the rules.
We've been linked with investors for a while.
comment by Bãleș left boot (U22081)
posted 34 minutes ago
We've been linked with investors for a while.
----------------------------------------------------------------------
Why though? What difference does a cash injection make in an age where you have to be self-sustainable. I don't know why ENIC would need to sell to investors if that investment can't be legally used.
As I understand it, owners can offset spending by buying owner's shares. That's what the article's saying init?
But yeah, they can't just come in and chuck money at transfers
comment by Bãleș left boot (U22081)
posted 11 minutes ago
As I understand it, owners can offset spending by buying owner's shares. That's what the article's saying init?
----------------------------------------------------------------------
So this is more about ENIC getting money back for spending last summer or this coming summer. Still find it baffling if it's investor money.
comment by Bãleș left boot (U22081)
posted 18 minutes ago
But yeah, they can't just come in and chuck money at transfers
----------------------------------------------------------------------
Sir Jim has made £300m available for united as part of his deal over the course of two years. In theory this can be used to sign players, write off losses for PSR or used for capital to build a new stadium.
Yeah that's right. He bought $300m in additional shares
The main beneficiary of any investment will always be ENIC.
Not sure if the $300m for liquidity is addional to the $1.3b paid to the Glazers.
That's how it reads to me
Sir Jim will provide a $300 million fund intended to enable future investment into the Club’s infrastructure at Old Trafford, comprising $200 million paid upon the closing of the transaction and a further $100 million by the end of 2024. Trawlers Limited will be issued additional Class A and Class B shares at $33.00 in respect of such investment.
https://www.nbcsports.com/soccer/news/reports-sir-jim-ratcliffes-25-percent-manchester-united-deal-to-be-confirmed#:~:text=Manchester%20United%20plc%20(NYSE%3A%20MANU,%24300%20million%20intended%20to%20enable
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So The Time Has Finally Come!
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posted on 4/4/24
Literally only two articles below this one....
posted on 4/4/24
Comment deleted by Article Creator
posted on 4/4/24
comment by PhilspursFGR (U3278)
posted 20 minutes ago
Literally only two articles below this one....
----------------------------------------------------------------------
I did not see that. But this one is a much more complete discussion of the issues and their details, including Levy's outrageous salary and bonuses!
posted on 4/4/24
Season ticket price hike brings club extra 3 million
Business man and all round despicable human levy gets 3 million bonus
Hhhhhmmmmmmmm
posted on 4/4/24
Levy out.
posted on 4/4/24
Can someone with a bit more nous on this subject explain to me why we're looking for investors? If the ultimate goal is to remain sustainable then what on earth is new investment being sought for? How much of it can actually be used? I find it really odd.
posted on 4/4/24
Rothchilds you say
posted on 4/4/24
christ, here come the conspiracy theorists.
posted on 4/4/24
comment by fridgeboy (U1053)
posted 3 hours, 11 minutes ago
Can someone with a bit more nous on this subject explain to me why we're looking for investors? If the ultimate goal is to remain sustainable then what on earth is new investment being sought for? How much of it can actually be used? I find it really odd.
----------------------------------------------------------------------
Probably Levy trying to buy more time, nothing will likely happen and we`ll all be here in 5 years time having the same discussions having won feck all.
posted on 4/4/24
comment by ●Billy The Spur● LEVY OUT- ENIC OUT! (U3924)
posted 1 minute ago
comment by fridgeboy (U1053)
posted 3 hours, 11 minutes ago
Can someone with a bit more nous on this subject explain to me why we're looking for investors? If the ultimate goal is to remain sustainable then what on earth is new investment being sought for? How much of it can actually be used? I find it really odd.
----------------------------------------------------------------------
Probably Levy trying to buy more time, nothing will likely happen and we`ll all be here in 5 years time having the same discussions having won feck all.
----------------------------------------------------------------------
If ENIC are deciding to sell some of their shares in the short term, you would hope the new investor will be allowed to pump in funds to help with the first team recruitment, funds to service our debt, which would release more funds for the first team and probably from Levy's POV, provide loans to build the other real estate around the ground. And of course give ENIC a return on their initial investment. Levy annoucing Roshchilds yday could be a way of starting an auction, similar to Utd with the Sheikh and Sir Jim. I was thinking yday he might have someone lined up but he would want max value so an auction would make more sense.
In longer term, it would give the new investor an opportinity to buy a majority shareholding IF ENIC ever decided to sell.
That's my hunch anyway
posted on 4/4/24
News just in that Premier League clubs are considering abolishing the points deduction thing claiming that PSR isn't working. This is so feckin typical. The big boys don't like it so they'll scrap it. What a joke. They can't be trusted to make their own rules. It's completely absurd.
https://www.dailymail.co.uk/sport/football/article-13271249/Premier-League-eyeing-ABOLISHING-points-deductions-introducing-NBA-style-luxury-tax-fears-stars-leave-rules-restrict-pay-Everton-Nottingham-Forest-lost-points.html
Introducing a luxury tax will do nothing to stop the likes of City and Newcastle dominating. They don't care about the money. Feck me. This is such a feckin joke.
posted on 4/4/24
Depends our much tax they have pay. The taxed money would be distrubuted between the clubs who play within the rules.
posted on 4/4/24
We've been linked with investors for a while.
posted on 4/4/24
comment by Bãleș left boot (U22081)
posted 34 minutes ago
We've been linked with investors for a while.
----------------------------------------------------------------------
Why though? What difference does a cash injection make in an age where you have to be self-sustainable. I don't know why ENIC would need to sell to investors if that investment can't be legally used.
posted on 4/4/24
As I understand it, owners can offset spending by buying owner's shares. That's what the article's saying init?
posted on 4/4/24
But yeah, they can't just come in and chuck money at transfers
posted on 4/4/24
comment by Bãleș left boot (U22081)
posted 11 minutes ago
As I understand it, owners can offset spending by buying owner's shares. That's what the article's saying init?
----------------------------------------------------------------------
So this is more about ENIC getting money back for spending last summer or this coming summer. Still find it baffling if it's investor money.
posted on 4/4/24
comment by Bãleș left boot (U22081)
posted 18 minutes ago
But yeah, they can't just come in and chuck money at transfers
----------------------------------------------------------------------
Sir Jim has made £300m available for united as part of his deal over the course of two years. In theory this can be used to sign players, write off losses for PSR or used for capital to build a new stadium.
posted on 4/4/24
Sorry $300m*
posted on 4/4/24
Yeah that's right. He bought $300m in additional shares
posted on 4/4/24
The main beneficiary of any investment will always be ENIC.
Not sure if the $300m for liquidity is addional to the $1.3b paid to the Glazers.
posted on 4/4/24
That's how it reads to me
Sir Jim will provide a $300 million fund intended to enable future investment into the Club’s infrastructure at Old Trafford, comprising $200 million paid upon the closing of the transaction and a further $100 million by the end of 2024. Trawlers Limited will be issued additional Class A and Class B shares at $33.00 in respect of such investment.
https://www.nbcsports.com/soccer/news/reports-sir-jim-ratcliffes-25-percent-manchester-united-deal-to-be-confirmed#:~:text=Manchester%20United%20plc%20(NYSE%3A%20MANU,%24300%20million%20intended%20to%20enable
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