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Author Singapore sugar daddy
Tommy L
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Registered: 21st Aug 06
Location: Northampton Drives: Audi wagon
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18th Aug 11 at 11:07   View User's Profile U2U Member Reply With Quote
Man Utd to sell off significant stake in club in Singapore to partly pay off £515m debts, BBC learns
mwg
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Registered: 19th Feb 04
Location: South Lakes
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18th Aug 11 at 11:14   View User's Profile U2U Member Reply With Quote
Using it to pay off who ever they got the loan from to pay back that chunk of money at the end of last year I bet
Robbo
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Registered: 6th Aug 02
Location: London
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18th Aug 11 at 11:32   View User's Profile U2U Member Reply With Quote
samew as before basically, just shifting those loans around and getting bigger each time
chrisritch
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Registered: 2nd Sep 08
Location: Northants Drives: V40
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18th Aug 11 at 11:34   View User's Profile U2U Member Reply With Quote
The cost of winning things
mwg
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Registered: 19th Feb 04
Location: South Lakes
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18th Aug 11 at 11:47   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by chrisritch
The cost of winning things


The debt didn't come from player transfers Its the cost of some Americans buying you in a manner that means they don't have to put their own money in.

Although you could argue our most successful spell has been under the Glazers ownership which in turn means having the debt!

[Edited on 18-08-2011 by mwg]
Hammer
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Registered: 11th Feb 04
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18th Aug 11 at 11:57   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by chrisritch
The cost of winning things


Would you rather support a successful football team or a successful business?
Nath
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Registered: 3rd Apr 02
Location: MK
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18th Aug 11 at 12:09   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Hammer
quote:
Originally posted by chrisritch
The cost of winning things


Would you rather support a successful football team or a successful business?


Neither in his case.
Ben J
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Registered: 31st Jan 05
Location: Cheshire
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18th Aug 11 at 12:14   View User's Profile U2U Member Reply With Quote
Lol. Even Arsenal have succeeded in one of the two!!!

Liverpool lol

But they are going to win the Prem this year tho of course.


Joking aside - I do think Liverpool will win a cup this season.
Tom
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Registered: 3rd Apr 02
Location: Wirral, Merseyside
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18th Aug 11 at 12:44   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Nath
quote:
Originally posted by Hammer
quote:
Originally posted by chrisritch
The cost of winning things


Would you rather support a successful football team or a successful business?


Neither in his case.


Or yours
Nath
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Registered: 3rd Apr 02
Location: MK
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18th Aug 11 at 12:47   View User's Profile U2U Member Reply With Quote
Poor form. I was expecting better banter tbh.
Tom
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Registered: 3rd Apr 02
Location: Wirral, Merseyside
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18th Aug 11 at 12:55   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Nath
Poor form. I was expecting better banter tbh.


I thought you set the benchmark very low tbh, didn't want to embarass you.
Nath
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Registered: 3rd Apr 02
Location: MK
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18th Aug 11 at 12:56   View User's Profile U2U Member Reply With Quote
Yeah, ok then.
Tom
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Registered: 3rd Apr 02
Location: Wirral, Merseyside
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18th Aug 11 at 12:57   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Nath
Yeah, ok then.


Stepped it up now though.
Nath
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Registered: 3rd Apr 02
Location: MK
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18th Aug 11 at 12:58   View User's Profile U2U Member Reply With Quote
Yeah, ok then.
mwg
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Registered: 19th Feb 04
Location: South Lakes
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18th Aug 11 at 13:17   View User's Profile U2U Member Reply With Quote
Think you need to have a fight
Nath
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Registered: 3rd Apr 02
Location: MK
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18th Aug 11 at 15:28   View User's Profile U2U Member Reply With Quote
Bit extreme
mwg
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Registered: 19th Feb 04
Location: South Lakes
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18th Aug 11 at 15:31   View User's Profile U2U Member Reply With Quote
Thats how Jose rolls these days
Nath
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Registered: 3rd Apr 02
Location: MK
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18th Aug 11 at 15:32   View User's Profile U2U Member Reply With Quote
Jose
JonnyJ
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Registered: 23rd Sep 05
Location: Scotchland
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18th Aug 11 at 15:45   View User's Profile U2U Member Reply With Quote
See Jose failed again last night
mwg
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Registered: 19th Feb 04
Location: South Lakes
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18th Aug 11 at 15:49   View User's Profile U2U Member Reply With Quote
All a small part of a wider plan to de-stabilise Barcelona. Not quite sure how yet but we will find out in good time
mwg
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Registered: 19th Feb 04
Location: South Lakes
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16th Sep 11 at 11:11   View User's Profile U2U Member Reply With Quote
http://www.bbc.co.uk/news/business-14945421

25% share for £635m means the club is valued club at £2.5 billion
Marc
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Registered: 11th Aug 02
Location: York
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16th Sep 11 at 12:32   View User's Profile U2U Member Reply With Quote
Wouldn't be in this predicament if they had let me keep my shares
sc0ott
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Registered: 16th Feb 09
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16th Sep 11 at 12:40   View User's Profile U2U Member Reply With Quote
Rangers are in the same position.
Rob_Quads
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Registered: 29th Mar 01
Location: southampton
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16th Sep 11 at 14:23   View User's Profile U2U Member Reply With Quote
Does the parent company only own the Football club or does it own other assets as well?
strick206
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Registered: 12th Apr 07
Location: Wigan Drives:Integra DC5
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17th Sep 11 at 19:31   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by mwg
http://www.bbc.co.uk/news/business-14945421

25% share for £635m means the club is valued club at £2.5 billion


It's a ridiculous amount of money that 25% may go for, that must surely go a long way to clearing some of the debts,

Step number one to being bought out tbh

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