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Club Come here to laugh at United

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I have to say the Glazers have fucked that club in the ass so hard they’re never going to walk without a limp again.

It’s one of the greatest corporate hijackings of our lifetime. Pure capitalist brutality at its finest.
I am astonished by this graph. This just the interest.


View: https://x.com/KieranMaguire/status/1892185766794612762/photo/1

You're right, they raised the money to buy it and perversely make the club pay it back. No need to worry about hedging or mitigating risk because the club will pay.

It is just about extracting value.
 
It’s probably been posted on here somewhere but read on a tweet on redcafe that Ineos were attempting to negotiate an early exit from their sponsorship deal with us?

They fucked or what? 😬😆
INEOS as a whole are doing well, but some prats of it aren't doing so well as I understand it.

And Rathcliffe is trying to get out of any "unnessecary" investments that he has now that he is at United. He apparently just stopped paying their sponsorship to the New Zealand rugby team. Like, not even cancel, just stopped paying it and now they are being sued for breach of contract.
 
I am astonished by this graph. This just the interest.


View: https://x.com/KieranMaguire/status/1892185766794612762/photo/1

You're right, they raised the money to buy it and perversely make the club pay it back. No need to worry about hedging or mitigating risk because the club will pay.

It is just about extracting value.


I was at a company who had to process the original Bond so it could be traded in the market for which they used to cover the debt. From memory it was several tranches and the first tranche was the high interest debt so you couldn’t pay lower interest until the principle of the first tranche was done. Looked terrible at the time, the Bond prospectus had a picture of Wayne Rooney as the cover.

I do wonder why they haven’t refinanced it with new debt with a better structure. Just bleeding the club dry.
 

I am not joking, well it had 3 players, I forget the other 2 just Rooney as the main centre player. My colleague was a passionate United fan who knew the damage it would do and he was the one doing most of the work. He just wanted to burn it.

Just think about a bond for someone to buy Spurs for say £2bn of debt (which is probably the money equivalent now) on the club and you are the guy who has to do a load of work to make it happen which will then destroy your club.
 
Just think about a bond for someone to buy Spurs for say £2bn of debt (which is probably the money equivalent now) on the club and you are the guy who has to do a load of work to make it happen which will then destroy your club.
Yeah, itd be horrible

If I had to chose someone to go on the prospectus cover it would prob be some classy eye candy like Ginola, although Mrs Perryman Mrs Perryman might have her own suggestion
 
Yeah, itd be horrible

If I had to chose someone to go on the prospectus cover it would prob be some classy eye candy like Ginola, although Mrs Perryman Mrs Perryman might have her own suggestion
What's wrong with Mrs Perryman Mrs Perryman herself thank you very much.
 
I am astonished by this graph. This just the interest.


View: https://x.com/KieranMaguire/status/1892185766794612762/photo/1

You're right, they raised the money to buy it and perversely make the club pay it back. No need to worry about hedging or mitigating risk because the club will pay.

It is just about extracting value.

Nice work. Rinse the club for 20 years. Then sell a minority stake to some fucking mug and cede control of football affairs to him. Now you have a lightning rod to take all the hits while you continue to juice the club quietly.

It’s fucking beautiful..what the Mafia used to do very well.

the sopranos smoke GIF
 
Nice work. Rinse the club for 20 years. Then sell a minority stake to some fucking mug and cede control of football affairs to him. Now you have a lightning rod to take all the hits while you continue to juice the club quietly.

It’s fucking beautiful..what the Mafia used to do very well.

the sopranos smoke GIF

Levy tried something similar. He created a whole role in the board to run the football operation called the Chief Football Officer to deflect.

Sadly he hired a mythical creature called Scott Munn, ghostly sighting of this phantom have been reported in the early hours at Lilywhite House but no-one can confirm or deny his existence.
 
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