News1 min ago
Soccergate....can Someone Explain To Me.....
18 Answers
...why do they not simply organise themselves and buy their respective clubs? Then they could control them as they appear to want to do. There are gazillions of MU supporters for example they only need to buy a few shares each. Don't get me wrong I did disagree with the Yerp super league cobras but really the only reason it even came up is because so called "fans" are not interested enough to buy their club.
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Need to be careful there. Often there aer different class shares some without voting rights.
I'm not sure on the setup of Manu but I would have thought the Glaziers held more than 51% so very difficult to get a controlling interest unless they give them up. Which they wont unless someone gives them big bucks. Not the sort of thing that the fans could organise.
I'm not sure on the setup of Manu but I would have thought the Glaziers held more than 51% so very difficult to get a controlling interest unless they give them up. Which they wont unless someone gives them big bucks. Not the sort of thing that the fans could organise.
Had a look. you can only buy Class A shares that pay no dividend. Plus The Glazer clan own all the class B which have 10 times the voting rights which means even if you owned all the Class A you could never get a vote through.
Unless the Glazers sell there is nothing that can be done with a hostile takeover, and looking at the volatile history of the clubs trading I have doubts that would work without seriously damaging the club.
Unless the Glazers sell there is nothing that can be done with a hostile takeover, and looking at the volatile history of the clubs trading I have doubts that would work without seriously damaging the club.
erm they may not be for sale
certainly when the Glazers bid for Man United, the av fan in Church St Newton 'eef - had NO idea whatever what would hit them (*)
Papa glazer also cleverly used junk bonds to raise money for the buy out which was v v expensive ( lots and lots of moolah)
£500m - high rate of interest because of the risk, and no collateral.
There are still £450 m worth around
(*) fans burning green and yellow flares - the colours of the Old newton heath f c which was a railway side and turned into Man U. Pub where the article of assocition were signed is the health centre doling out vacca on Oldham Rd oppo the RBS that closed last year. (Duke of York)
Time for crowds of Abers to protest wot all dis abart den - foo! - wha' man united den etc etc
certainly when the Glazers bid for Man United, the av fan in Church St Newton 'eef - had NO idea whatever what would hit them (*)
Papa glazer also cleverly used junk bonds to raise money for the buy out which was v v expensive ( lots and lots of moolah)
£500m - high rate of interest because of the risk, and no collateral.
There are still £450 m worth around
(*) fans burning green and yellow flares - the colours of the Old newton heath f c which was a railway side and turned into Man U. Pub where the article of assocition were signed is the health centre doling out vacca on Oldham Rd oppo the RBS that closed last year. (Duke of York)
Time for crowds of Abers to protest wot all dis abart den - foo! - wha' man united den etc etc
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