by smithy » Mon Jun 07, 2010 6:13 pm
by devilsadvocate » Tue Jun 08, 2010 12:06 am
smithy wrote:They point to the £80m sale of star striker Cristiano Ronaldo last year and note that he has not been replaced by a player of similar quality. Yet ticket prices have gone up by more than a third.
by johntheclaret » Thu Jun 10, 2010 6:02 pm
by devilsadvocate » Thu Jun 10, 2010 6:12 pm
johntheclaret wrote:I watched the BBC Panorama programme
Man U are in deep doodoo. The Glazers business empire in the states is run on smoke and mirrors with liabilities out weighing assets. Whilst this in itself might not be a disaster, thier shopping mall business is crumbling with empty malls and no retailers seemingly interested.
One mall they showed had only 4 retailers in a complex designed for more than 40. Three malls have gone bust already
With debts mounting in the US and high interest loans about to kick in at Man U, I can't see a way out of it for the club. Sure it generates whopping cash but with crippling interest payments, it is only going to get worse.
I think the problem is that the Glazers can't afford to off load the club and the longer they hang on to it the bigger the debt and the less likely a buyer could be found. Lets say in two years time the debt exceeds a billion. A buyer would have to invest at least that much plus maybe 200m to get the club back on it's feet. That's an awful lot of spondula
by JK » Thu Jun 10, 2010 10:08 pm
by devilsadvocate » Thu Jun 10, 2010 10:38 pm
Constance_Perm wrote:Not sure which thread to put this in ... Would the Man U situation potentially cause further damage to the already distressed state of LFC ... I mean surely any potential buyers (whether by virtue of pure business, or by virtue of ego) looking to get involved with an EPL "heavyweight" club, would walk straight past Liverpool for Man U due to the difference in their stage of establishment (stadium, global appeal, general revenue etc)?
by JK » Thu Jun 10, 2010 10:58 pm
devilsadvocate wrote:Constance_Perm wrote:Not sure which thread to put this in ... Would the Man U situation potentially cause further damage to the already distressed state of LFC ... I mean surely any potential buyers (whether by virtue of pure business, or by virtue of ego) looking to get involved with an EPL "heavyweight" club, would walk straight past Liverpool for Man U due to the difference in their stage of establishment (stadium, global appeal, general revenue etc)?
But not if they're going to have to pay a billion quid for Man U.
Apparently, the seppos are valuing Liverpool at 800m, which is just stupidly ridiculous. It's worth about half that at best.
So say a buyer is on the prowl, if they have to choose between Liverpool at say 350-400m or Utd at 800m-1b, I think the Reds are a more attractive option. The 400-600m difference in asking price buys a new stadium and a few decent players to play in it.
The problem though is the debts that are attached to each club. Buy the club, the debt is chucked in free. So that does further complicate matters.
by smithy » Thu Jun 10, 2010 11:42 pm
by johntheclaret » Tue Jul 13, 2010 8:02 am
by Swooper16 » Wed Jul 21, 2010 11:31 am
by johntheclaret » Thu Jul 22, 2010 6:39 am
by johntheclaret » Sat Jul 24, 2010 8:55 pm
by RoosterMarty » Sun Jul 25, 2010 2:31 pm
by johntheclaret » Mon Jul 26, 2010 8:24 am
RoosterMarty wrote:Excellent news! Nice to put the rumours of a move to Spain to rest.
by RoosterMarty » Mon Jul 26, 2010 8:59 am
by Swooper16 » Mon Jul 26, 2010 12:03 pm
johntheclaret wrote:RoosterMarty wrote:Excellent news! Nice to put the rumours of a move to Spain to rest.
Will Fergie still be interested in Gary Cahill? Ferdinand hasn't recovered from a spate of injuries ???
by devilsadvocate » Wed Jul 28, 2010 10:05 pm
by johntheclaret » Sun Aug 01, 2010 12:57 am
by johntheclaret » Sat Aug 07, 2010 9:11 am
by RoosterMarty » Mon Aug 09, 2010 9:07 am
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