19 Aug 2022 01:13:22
I don't understand why Glazers are so desperate to keep hold of manchester united.

They are hated by almost all the man united fans. They don't really get to keep a lot of profit as well. I mean 12 million a year in dividend is nothing compared to the net worth of the football club. I am sure they will get much more in return if they invest in other businesses.

They need to keep shelling out lot of money to build the team and build the stadium.

It is not a comfortable business to run. Selling would give them lot of money and potentially lot of investment opportunity if they decide to do something. And the best part, they won't be so hated figure anymore.

Unless there is a lot of things i am missing. I don't really understand it.

1.) 19 Aug 2022
19 Aug 2022 04:14:48
Why would you sell your cash cow?
Also if the share prices go up I assume they benefit as well.

2.) 19 Aug 2022
19 Aug 2022 05:47:17
The cash is not technically coming is it? The way things are going the share prices can only go down.

{Ed014's Note - the way you’re describing it who would want to buy it?

Isn’t it just a huge gamble paying out a large fee to buy it, followed by large sums of investment hoping that the whole thing can be turned around and the club start winning things.

The odds on you doing a Leeds or returning to past glories must be pretty similar?

3.) 19 Aug 2022
19 Aug 2022 06:27:56
Srestha, is that a joke! They don’t have to put their hand in their pocket for anything, never have never will! If they spend money on stadium or a player it’s certainly not money out of their pocket .

4.) 19 Aug 2022
19 Aug 2022 08:41:11
Just a view. The glazers don’t have any need to live off income from united lol. They are a very wealthy family with massive real estate holdings and lots of other stuff.

They don’t look at mu as a holding to help pay the bills. They are 4x to 6x on an investment that if you go by the trend what major sports franchises are trending and going for will continue to appreciate.

It will take a serious number to get them to sell. Patient capital works that way. We are up there with the cowboys. Real madrid, yankees, lakers as far as a brand but with bigger global reach.

5.) 19 Aug 2022
19 Aug 2022 07:01:19
Ed!

There are plenty of people who want to buy the club. There definitely are people who want to buy it not to make it money earning machine but to create a legacy with it. Abramovich did it, the city owners as well. They may surely reap benefit as well.

It is a large gamble but you need to be confident to hire right people for right position and get the best out of the club. The glazers look hugely incompetent on that regard and are clueless.


Chris!
Not a joke. The are not spending any money from their own pocket which might be good for them but the amount of hate they are receiving from all over the place is not a good thing for them as well.
Things can only get worse from here as the protest is gathering momentum and people are not resting. They bought the club for 600mil with furthr 500m debt. Selling now would gave them huge profit and give them peace of mind from constant negativity and hate and lot of threats as well.

{Ed014's Note - wanting to buy a club and actually doing it are two very different things mate.