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Manchester United Fan Thread - European Football (EPL, UEFA, La Liga) (21) - Nairaland

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Re: Manchester United Fan Thread by biina: 5:56pm On Jul 22, 2009
Na so una go dey talk until dem twak ur yansh cheesy
Re: Manchester United Fan Thread by yousouph(m): 8:04pm On Jul 22, 2009
Man city suppose to play a friendly match with Madrid since there is no avenue of competetive match.
Re: Manchester United Fan Thread by tysante(m): 8:20am On Jul 23, 2009
*Berba: I can do better

Dimitar Berbatov feels he has plenty more to give at United and is determined to better last season’s goal tally.

The Bulgarian netted 14 times following his deadline day move from Tottenham at the start of September as he helped the Reds to Club World Cup, Carling Cup and Barclays Premier League glory.

Berbatov is relishing the opportunity to get a full pre-season under his belt and hopes it will provide him with the perfect platform to continue his improvement.

*Owen’s seventh heaven

Michael Owen feels honoured to have been handed the No.7 shirt and insists he can handle the responsibility that comes with it.

The striker has taken over the number following Cristiano Ronaldo’s summer departure to Real Madrid and has already bagged two goals in his first two games in the famous jersey.

Owen is determined to maintain the great traditions of the shirt previously worn by the likes of Beckham, Cantona and Robson, whilst carving out his own history as a United No.7.

Get more football update from www.boxeighteen.
Re: Manchester United Fan Thread by RuuDie(m): 9:02am On Jul 23, 2009
for United life at the moment is about getting used to operating without the talents of Ronaldo and Tevez.

The departed duo were major inspirations behind United's Champions League-winning campaign two seasons ago. And while Tevez ultimately left in bad-tempered fashion, annoyed at his lack of first-team opportunities, Ronaldo was also a key figure in a third straight Premier League title last term.

However, in his 18 years as a United regular, Giggs has seen countless stars come and go. On each occasion, the Red Devils have responded in the perfect manner.

And the Welsh veteran can see no reason why it should be any different this time round.

"Since I came into the team the likes of Bryan Robson, Mark Hughes, Eric Cantona, Ruud van Nistelrooy, Roy Keane and David Beckham have left the club,'' he said.

"But that is what the manager is so good at - reshaping and re-energising the team.

"Carlos and Cristiano were great players but we move on. As players it's like ships in the night. You just get on with it.''

Giggsy baba. . . . u don yarn am finish!
Re: Manchester United Fan Thread by Naturez(m): 9:07am On Jul 23, 2009
yousouph:

Man city suppose to play  a friendly match with Madrid since there is no avenue of competetive match.

They'll don't worry and Madrid will bag them 10 goals each from a player except goalkeeper  grin
Re: Manchester United Fan Thread by MrCrackles(m): 9:10am On Jul 23, 2009
ty_sante:

*Berba: I can do better
Dimitar Berbatov feels he has plenty more to give at United and is determined to better last season’s goal tally.

Berbatov give more? shocked
I laugh in Bulgarian! grin
Re: Manchester United Fan Thread by RuuDie(m): 9:26am On Jul 23, 2009
MrCrackles:

Berbatov give more? shocked
I laugh in Bulgarian! grin


I rebuke you in Hismaraic angry angry grin
Re: Manchester United Fan Thread by tkb417(m): 10:48am On Jul 23, 2009
Nayani maintains the money won't go towards reducing the club's debt, which remains at an estimated £666m, despite an expected reduction in corporate spending in the current financial climate.

"Manchester United are so far unaffected by the downturn," he said. "It would be foolish to say there would be no impact because you never know what is going to happen down the line but our season-ticket sales stand up well, in comparison to previous years.

"I have been saying that one should expect a downturn in our corporate sales but every club is faced with that. We do have a debt to service and that debt is significant but our interest payments are £43.3m a year while our operating profit was £80m topped off by an extra £25m from transfer sales.

"We are talking about a net amount of £60m and that is cash that can be reinvested in the squad - or if you prefer doing up the toilets or new carpets.

"The point is, there is money coming into Manchester United and one thing is certain that because of globalisation and the growing middle classes in India and the Far East, the appeal of football is set to grow and we are part of that story."


Biina
Not justifying the above quotes but as a follow up on our debate the other time, as much as the debt stays staggering, it is still within a manageable space.

The debt or whatsoever from the look of things will not affect the performance on the pitch and if thts the case, then expect UTD to always be one of the most profitable sporting brands.

in that case, Banks will always be willing to refinance the loan/the loan can be conveniently repaid.

Just like i told you the other time, there must be clear repayment terms between the sponsor and the banks.

ure on ma page now?
Re: Manchester United Fan Thread by destinysgu(m): 10:59am On Jul 23, 2009
tkb417:



Biina
Not justifying the above quotes but as a follow up on our debate the other time, as much as the debt stays staggering, it is still within a manageable space.

The debt or whatsoever from the look of things will not affect the performance on the pitch and if thts the case, then expect UTD to always be one of the most profitable sporting brands.

in that case, Banks will always be willing to refinance the loan/the loan can be conveniently repaid.

Just like i told you the other time, there must be clear repayment terms between the sponsor and the banks.

ure on ma page now?


Abeg piti biina
mk una no start anoda blown-up again(storyline wanna continue)
i like drama very much grin

Biina up 2 u sha!
Re: Manchester United Fan Thread by destinysgu(m): 11:08am On Jul 23, 2009
Naturez:

They'll don't worry and Madrid will bag them 10 goals each from a player except goalkeeper grin

Haba
cuz na guguru & epa Man city go com sell 4 field abi
wen nothing no fit happen 4 futbol grin
Re: Manchester United Fan Thread by RuuDie(m): 12:00pm On Jul 23, 2009
@ great stuff tbk. . . . that boy still has a thing or two to learn about LBOs.
Re: Manchester United Fan Thread by tkb417(m): 12:29pm On Jul 23, 2009
RuuDie:

@ great stuff tbk. . . . that boy still has a thing or two to learn about LBOs.
Ruudie dont let Biina come and tear us apart o grin grin
Re: Manchester United Fan Thread by RuuDie(m): 12:50pm On Jul 23, 2009
tkb417:

Ruudie dont let Biina come and tear us apart o grin grin


grin grin grin
Re: Manchester United Fan Thread by Emperoh(m): 1:08pm On Jul 23, 2009
tkb417:

Ruudie dont let Biina come and tear us apart o grin grin

Una want start this Football finance war again? Make una no make this thread boring abeg!!
Re: Manchester United Fan Thread by tkb417(m): 1:20pm On Jul 23, 2009
Emperoh:

Una want start this Football finance war again? Make una no make this thread boring abeg!!
wetin dey vex u pally?
u never chop today grin grin grin

how runs?
Re: Manchester United Fan Thread by Emperoh(m): 1:54pm On Jul 23, 2009
tkb417:

wetin dey vex u pally?
u never chop today grin grin grin

how runs?

Ol boi nothing dey happen here na wetin they vex me!!!

As for the hunger, Jada Palace, Marcopolo, Jevinik and TFC put together won't quench it
How ur end?
Re: Manchester United Fan Thread by MrCrackles(m): 1:56pm On Jul 23, 2009
Chai. . . shocked shocked shocked
See love in Tokyo! shocked grin
Re: Manchester United Fan Thread by Phony200(m): 2:41pm On Jul 23, 2009
Lol. Emperoh, if biina come now, nah so so debt debt debt we'll talk today. News is boring, nothing is fun except maybe watching Korean girls drool over Rio. Any transfer news in OT?
Re: Manchester United Fan Thread by Emperoh(m): 4:00pm On Jul 23, 2009
Phony200:

Lol. Emperoh, if biina come now, nah so so debt debt debt we'll talk today. News is boring, nothing is fun except maybe watching Korean girls drool over Rio. Any transfer news in OT?

SAF no call you? I tell am make him call you tell you wetin im tell me!!
Anyway, im tell me say im no go buy any other player again. Say im fit manage with wetin im get.
Him say e no want be like Man City wet get 10 strikers!!!
Re: Manchester United Fan Thread by biina: 5:33pm On Jul 23, 2009
tkb417:



Biina
Not justifying the above quotes but as a follow up on our debate the other time, as much as the debt stays staggering, it is still  within a manageable space.

The debt or whatsoever from the look of things will not affect the performance on the pitch and if thts the case, then expect UTD to always be one of the most profitable sporting brands.

in that case, Banks will always be willing to refinance the loan/the loan can be conveniently repaid.

Just like i told you the other time, there must be clear repayment terms between the sponsor and the banks.

ure on ma page now?
No we are not, as you are looking at the issue from the wrong angle. I was never questioning the current brand appeal of ManU, but rather how it is managed and the susceptibility of the club to financial ruin.

As at today, the situation is still quite salvageable, but given the current direction,  three seasons without trophies and it could  spell the end for the club. Add to it the fact that SAF will retire soon and things could get really bad, really quickly.

Why did the Glazers buy ManU? They didnt buy it cos they were looking for a toy (like Mansour) or cos they are football fans (like Roman). They bought it cos they wanted to make money from it.
So first step was to aggressively acquire the club via an LBO valued at over £828 million with loans of about £556 million (most secured against the club). To ensure smooth operation, they took the club private.

The general idea is simple, you service the loans as much as you can, while recouping their initial investment and getting some profit along with it. But since their priority is to make money, they are willing to let the club take on more debt just to ensure that they get their money out of the system. Evidence of this is that despite high income levels to the club (from success on the pitch), the debt levels are increasing. The worst of the debt is likely the PIK loans which is not serviced at all but rolled over into equity in the club. As at june 2008 the loan was at £699 (25% increase from the initial debt and an increase of £33 million after the refinancing). The required  interest payments are more staggering £68.8 million. All this after record incomes from winning the UCL and premiership resulting in £66 million operating profit for that year.

This is not totally bad, if the club is successful on the pitch, but we all know that football success is cyclic. ManU will likely be in a lull for the next few years and their income, particularly UCL will drop considerably (doubt they will be playing in the UCL finals in the next few years). The Glazers might slow down but will likely not change their plans, and thus manU will continue to taken on increasing debts. At the point that they cannot get more out of united, they will cut their losses and leave.

On the upside, they have money from the sale of Ronaldo and the new sponsorship deal, but those are not enough to stop the hemorrhaging from the debts and can only postpone the evil day. The glazers will be willing to make transfer funds available to SAF as long as it maintains success on the pitch, and there is room to take on more debt. But buying players is close to playing the lottery as almost every big club has had its fair share of failed signings.

As to that banks would keep giving out loans, that is a point in time question. The banks will give them loans if they think that the loans will be serviceable, and that is not difficult given that someone will usually get a huge bonus from such deals. But the problem stems from the unserviced loans which are spiraling and not from a new loan. If the current debt levels become too high, no bank will grant them a loan.

As to an Arab buyout, I doubt it will ever happen to manU or any of the big clubs. Such is reserved for medium clubs like Chelsea, Villa, Everton, Man City and co. Otherwise, where were the money bags when ManU was on the open market or wasn't manU available before Roman went after chelsea? The likes of ManU are too big to be acquired as toys. rather its cheaper to buy and turn around the medium clubs which usually costs less than £200 million

If the Glazer ever do decide to leave, it would be because ManU is no longer a profitable venture, and it will likely spell the end of a great club.
Re: Manchester United Fan Thread by tysante(m): 5:53am On Jul 24, 2009
*Owen’s made for United

Sir Alex Ferguson’s capture of one-time Kop idol Michael Owen from Newcastle represents a colossal coup for the Old Trafford boss.

So says Phil Chisnall, the last man to move directly between the two footballing superpowers of the north-west, when United transferred the creative inside-forward to Liverpool for £25,000 in the spring of 1964.

Nearly half a century on from that deal, displaying a unique qualification to comment on Owen switch allegiances, Chisnall is unequivocal: “It’s a brilliant piece of business. Michael’s had his injury problems, but he didn’t become a bad player during his time at St James’ Park. If you’d put George Best into that Newcastle team he’d have struggled!
Re: Manchester United Fan Thread by Borat1: 10:18am On Jul 24, 2009
Biina shut up already with your ramblings on debt this - debt that! You're boring the Bleep outta me men! This is akin to spamming. wtf!
Re: Manchester United Fan Thread by tkb417(m): 1:18pm On Jul 24, 2009
Biina. Bin madly busy to respond to u o but lets do a quick one
As at today, the situation is still quite salvageable, but given the current direction,  three seasons without trophies and it could  spell the end for the club. Add to it the fact that SAF will retire soon and things could get really bad, really quickly.
This is a faulty assumption. Three seasons without a trophy and UTD will be in ruin? grin
Its a joke innt?
UTD will not be in ruins if they go trophyless for some seasons cos the brand appeal and all tht have made UTD a darling club wouldnt necessarly be eroded cos of some dull moments
However, UTD cannot go three seasons without a major trophy
impossible

The general idea is simple, you service the loans as much as you can, while recouping their initial investment and getting some profit along with it. But since their priority is to make money, they are willing to let the club take on more debt just to ensure that they get their money out of the system. Evidence of this is that despite high income levels to the club (from success on the pitch), the debt levels are increasing. The worst of the debt is likely the PIK loans which is not serviced at all but rolled over into equity in the club. As at june 2008 the loan was at £699 (25% increase from the initial debt and an increase of £33 million after the refinancing). The required  interest payments are more staggering £68.8 million. All this after record incomes from winning the UCL and premiership resulting in £66 million operating profit for that year.
frst off, ur accountng of UTDs proceeds from the recent victories could be faulty. When is the year end of UTD? the monetary gains ure talking about came about in may, just some 2 months ago. its very possible, the proceeds from the UCl and co are not accounted for yet in the report u saw
also, forget the cashflows involved in the repayment schedule, m very sure the repayment plans are hinged on some bankable/liquid receivables from UTD.
Proceeds from gate takings, sales of players, endorsements, tv rights, monetary gains from tourneys (variable) et al are good enuff to service the loans ure talking about. Any of these can be used as a major repayment tool conveniently for donkey years

This is not totally bad, if the club is successful on the pitch, but we all know that football success is cyclic. ManU will likely be in a lull for the next few years and their income, particularly UCL will drop considerably (doubt they will be playing in the UCL finals in the next few years). The Glazers might slow down but will likely not change their plans, and thus manU will continue to taken on increasing debts. At the point that they cannot get more out of united, they will cut their losses and leave.
are you a prophet? 3 epl titles in a trot, 2 ucl finals in a trot and suddenly UTD will start falling like a pack of cards?
if these are the kind of assumptions you use for ur models, ol boi, den go sack u soon grin grin grin

As to that banks would keep giving out loans, that is a point in time question. The banks will give them loans if they think that the loans will be serviceable, and that is not difficult given that someone will usually get a huge bonus from such deals. But the problem stems from the unserviced loans which are spiraling and not from a new loan. If the current debt levels become too high, no bank will grant them a loan.
show me a credible link that talks about the unserviceable part

As to an Arab buyout, I doubt it will ever happen to manU or any of the big clubs. Such is reserved for medium clubs like Chelsea, Villa, Everton, Man City and co. Otherwise, where were the money bags when ManU was on the open market or wasn't manU available before Roman went after chelsea? The likes of ManU are too big to be acquired as toys. rather its cheaper to buy and turn around the medium clubs which usually costs less than £200 million

The Glazers bought Manchester UTD!!!
so what are you sayng? they bought UTD from the open market

If the Glazer ever do decide to leave, it would be because ManU is no longer a profitable venture, and it will likely spell the end of a great club.
just like that? grin grin grin
this is not Leeds not Villa, Manchester UTD is wht we are talking about
the biggest football brand in the world grin grin

Now, that ur conclusion can only be due to one thing
alcohol grin
Re: Manchester United Fan Thread by Phony200(m): 2:04pm On Jul 24, 2009
Gary Neville is injured again. He's been sent back home from Asia. I really do hope he's fit on time for next season's start. Any which way, Rafael Da Silva is proving to be a good replacement on the Right flank as well as Mr, Everywhere Oshea.
Re: Manchester United Fan Thread by Phony200(m): 2:05pm On Jul 24, 2009
Blame it on the A-A-A-Alcohol. Why do I get a feeling we've not heard the last of this debt matter?
Tkb,
6 players have been identified by Goal.com as key to a Post-Ronaldo Man Utd. They are
Wayne Rooney, Berbatov, Carrick, Hargo and M. Owen. How come everyone thinks Nani can't step up? I however know next season has to be a team effort. Who else apart from these 6 can we point as key and why?
Re: Manchester United Fan Thread by Phony200(m): 2:07pm On Jul 24, 2009
Who's following the match wt FC Seoul?
Re: Manchester United Fan Thread by Phony200(m): 2:07pm On Jul 24, 2009
Latest results from Asia. Fc Seoul 2 - 3 Man Utd. Still trying to find more information.
Re: Manchester United Fan Thread by codedguy1(m): 2:21pm On Jul 24, 2009
@ phony200

You have posted the same thing about four times, Do we blame this on the A-A-A-A Alcohol grin grin grin
Re: Manchester United Fan Thread by Phony200(m): 2:24pm On Jul 24, 2009
I'm travelling between states. Blame MTN, smiley
Re: Manchester United Fan Thread by codedguy1(m): 2:30pm On Jul 24, 2009
Phony200:

I'm travelling between states. Blame MTN, smiley

ok, i understand, its not easy drinking and travelling grin grin
Re: Manchester United Fan Thread by tkb417(m): 2:32pm On Jul 24, 2009
Phony grin grin

This is supposed to be Nanis season. If he misses this opportunity, we'll ship hm straight to Budapest grin
Re: Manchester United Fan Thread by RuuDie(m): 2:34pm On Jul 24, 2009
@ biina,

what are you saying? the glazers will forget that they have debts to settle

man, lets not take panadol ontop their headache abegi. . . . .

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