do you honestly believe its the end of manchester united if the glaziers go bankrupt ?
think about it its the glaziers debts .. not uniteds .. worse case scenario.. we do a leeds but without the religation … and i’m sure there are plenty of potential investors who would love to get their hands on englands biggest money spinners in the world of football.. we just have to hope the highest bidder is the right bidder… and the glaziers aint on the phone to bates to ask him how he did it .. lol..
Posted March 6th, 2010 in How To Go Bankrupt. Tagged: bates, debts, glaziers, highest bidder, investors, leeds, money spinners, world of football, worse case scenario.
not going to happen.
The whole footy bubble may burst and shrink but united will unfortunately still be there in the top echelon
March 6th, 2010 at 7:03 pmno, utd will always be a top club
March 6th, 2010 at 7:03 pmas soon as man utd go on the table as for sale they will be purchased with a couple of weeks
as most astute business people realises that man utd is of of the world biggest names in the world of sport
Man Utd will survive
March 6th, 2010 at 7:03 pmi hope not!….my windows are in dire need of replacement…lmao
March 6th, 2010 at 7:03 pmIf United were unable to pay off the loan (at maximum it’ll be £1.4billion if things REALLY go south) and unless United’s assets don’t reach that amount it means is that United will, aswe saw with Woolworths, be dissolved as a PLC.
United went bankrupt in 1902 as Newton Heath and had to start again.
If the Glazers go bankrupt but Utd CAN pay the debt off, new owners will be drafted in and they’ll have to start all over again and as a result will probably go 7 years as a midtable side.
Don’ forget points deductions of 30 points or more apply to clubs going into administration.
March 6th, 2010 at 7:03 pmDeano check the figures the £500 million is levied against Man utd (Not the Bonds) The PIK`s are levied on the Glaziers assets. what are they paying off with the new £500 million Bond issue the Debt levied against the Glaziers. due too go up to 16.25% this year. the Bond effectively levies £500 million against the Ground and Training complex.
March 6th, 2010 at 7:03 pmNo like a bad smell utd will go on and linger around for a long time yet
March 6th, 2010 at 7:03 pmmibbies aye mibbies naw ??? but you dont have "the establishment " looking after you like the Glasgow Rangers
March 6th, 2010 at 7:03 pmIm no expert but is most the debt not secured on the club?
March 6th, 2010 at 7:03 pmDon’t worry bud. They drew up a prospectus for potential investors. So I think doing Leeds is not even an option. You guys are just that huge.
March 6th, 2010 at 7:03 pmThe football bubble will burst if United go under within the next few year’s, no matter if your a united supporter or not, it’ll take the heart and soul away if you need a sheik or a Russian to bail out clubs, it’ll defiantly be the end of the premiership, that goes for liverpool as well. Leagues no matter how big or small they are need team’s with History behind them no just money.
March 6th, 2010 at 7:03 pmNo it’s not.
March 6th, 2010 at 7:03 pm