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#496 |
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Registered User
Join Date: 06 2003
Location: England
Fave Players: Keano (ret), Rooney, Maldini
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In other news, Garforth Town in the English non-league made 2 important signings today, ex Utd star Lee Sharpe
and Brazil legend Socrates he's 50 years old now and is nearly twice as old as the manager what i want to know is, with Leonardo's scouting network covering Brazil, how did Milan let this talent pass by ![]()
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'Well, Clive, it's all about the two Ms - movement and positioning.' - Big Ron |
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#497 | |
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Registered User
Join Date: 03 2004
Location: Indonesia
Fave Players: Andriy Shevchenko, Eric Cantona
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about Socrates.. ![]() few years ago my local football team also signed Argentinian legend Mario Kempes. ![]()
__________________
Don't Drink and Drive...
![]() Smoke and Fly!!! |
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#498 | ||
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Registered User
Join Date: 06 2003
Location: England
Fave Players: Keano (ret), Rooney, Maldini
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a poacher like Ruud or Pippo is extremely useful to all teams..Quote:
maybe he was there for the weather that certainly cant be the case with Socrates as its cold and raining (again) here ![]()
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'Well, Clive, it's all about the two Ms - movement and positioning.' - Big Ron |
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#499 | ||
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Registered User
Join Date: 03 2004
Location: Indonesia
Fave Players: Andriy Shevchenko, Eric Cantona
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__________________
Don't Drink and Drive...
![]() Smoke and Fly!!! |
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#500 | ||||
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Registered User
Join Date: 07 2002
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His passing isn't bad, but it isn't fantastic either. Quote:
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Goes to show what happens when you piss away your chance at Old Trafford. Lee Sharpe was a very very good player. Sadly, he only wanted to play left-midfield and preferred acid house to playing for Utd. ![]() Wes Brown, take note. |
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#501 | |
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Registered User
Join Date: 06 2003
Location: England
Fave Players: Keano (ret), Rooney, Maldini
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they want Pele too !
__________________
'Well, Clive, it's all about the two Ms - movement and positioning.' - Big Ron |
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#502 | |||
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Registered User
Join Date: 06 2003
Location: England
Fave Players: Keano (ret), Rooney, Maldini
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I think negotiations with Wes Brown have been reopened so hopefully he'll have signed up within a week or 2...
__________________
'Well, Clive, it's all about the two Ms - movement and positioning.' - Big Ron |
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#503 |
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Registered User
Join Date: 03 2004
Location: Indonesia
Fave Players: Andriy Shevchenko, Eric Cantona
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any progress about the goalkeeper hunting?
I've heard that Toldo from 'FC Perdente' wants to move to Arse.. ![]()
__________________
Don't Drink and Drive...
![]() Smoke and Fly!!! |
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#504 | |
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BANNED
Join Date: 10 2003
Location: Memel, Lithuania
Fave Players: Costacurta Giggs & Rui Costa
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form one arse to another...hahahahahahaa*** Glazer seeking £500m debt to clinch Man Utd By Andrew Cave, Associate City Editor (Filed: 27/10/2004) Malcolm Glazer, the American sports tycoon stalking Manchester United, is planning to raise £500m of debt to finance a takeover that analysts say could risk the club going into bankruptcy, according to documents seen by The Telegraph. Talks between United and Mr Glazer were terminated on Monday with the Premiership club saying it was uncomfortable that the American's plans involved loading up the debt-free club with significant borrowings. Manchester United fans protest about the proposed take-over by US sports tycoon Malcolm Glazer However, Mr Glazer has built a 28pc stake in United and is still understood to be considering his next move. The documents detail funding plans drawn up with the help of investment bankers at JP Morgan. However, a spokesman for Mr Glazer said: "None of this is true. This has not come from anyone with any insight into the Glazer camp." According to the documents the plans involve a takeover of United at 310p a share, valuing the company at £815m. Advisory fees would bring Mr Glazer's total cost of the takeover to £850m. The documents reveal that JP Morgan and other debt advisers put together a £500m bridge financing. That would later be refinanced through an issue of high-yield bonds estimated at about £150m, a similar amount of senior debt through a syndicated loan and a sale and leaseback of United's Old Trafford stadium to raise about £175m. Mr Glazer's plans also envisage a £15m improvement in sponsorship revenues per season through selling the naming rights to the stadium. Clinching deals with the club's existing sponsors for example could lead to a Nike Old Trafford or a Vodafone Theatre of Dreams. Mr Glazer is also planning to limit Sir Alex Ferguson's spending on players to £10m a season and to raise ticket prices aggressively to improve revenue. Analysts said last night that even if Mr Glazer is successful in raising his planned debt, he would still have a funding gap of about £135m in order to meet the £850m cost of the deal. His existing stake in United is worth about £240m, but a large amount of the money used to fund his stock purchases is understood to have come from a loan from Germany's Commerzbank. One banker who analysed the documents said: "The company would initially have £500m of debt in place post transaction that they would hope to reduce quickly through refinancing in the capital markets. "Through implementing aggressive sponsorship and revenue enhancing strategies, it would aim to reduce the burden to £290m within about a year. "The refinancing of the debt could well be achievable but my concerns are in the ability to increase earnings and generate additional cash through a sale and leaseback." Noting that sources close to Mr Glazer have said that a sale and leaseback is not being considered, he added: "If one piece of the jigsaw does not fit at this early stage then the debt will very quickly become crippling. "The debt struggles to be repaid even in the aggressive scenario that has been outlined, meaning that if one part of the plan falls through, the club could end up bankrupt." The financial plan also assumes that United's performances on the pitch match the club's record over the past decade. "By any stretch of the imagination, that is a huge ask, even for a club of Man United's stature," the banker added. |
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#505 |
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Registered User
Join Date: 07 2002
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Glazer has to be mad if he is considering such a move.
Nobody would be willing to risk a 500 million pound debt on a football club. Besides I don't think that the strategies mentioned for raising the money to pay off the debt are that attractive. It will still take him at least a decade to be fully free of debt and have significant profits rolling in again. And considering a lot of the merchandising and televison revenue is linked with performances on the pitch and the subsequent popularity of the club overseas, that is a huge risk. For someone like Malcolm Glazer ("impatient for profits" businessman) I don't think that would be possible. I think he is trying to drive up the share price with his insistence on taking the club over. As soon as it goes up to a very high rate, he'll sell. Because with continually rising share prices, the value of the club will increase further making it that much harder for his banks to finance the deal (remember, he has to purchase the rest of the shares at a price not less than that he paid per share when he crosses the 30% mark). I think he'd have crossed the 30% threshold much earlier if he wanted to take the club over. But, you never know. ![]() If he does succeed in taking over, be prepared to say goodbye to Old Trafford and Carrington, and say hello to the newly rented JP Morgan and Chase Stadium. OH!!!!!!!!! MY HEART!!!!!!! ![]() Last edited by Rapierist; 29-10-2004 at 09:21. |
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#506 | |||
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Registered User
Join Date: 06 2003
Location: England
Fave Players: Keano (ret), Rooney, Maldini
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![]() Howard played well against Crewe and Carroll has kept cleansheet after cleansheet, he really couldnt have done more to show he is capable. As they are both in their mid 20s its not like they are going to retire any time soon Quote:
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I'd been expecting that for a while but it doesnt quite clear the problem as who would he sell them to? The next guy to try could be even worse, maybe Bill Gates will decide he wants an expensive toy and change us into Microsoft United.....
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'Well, Clive, it's all about the two Ms - movement and positioning.' - Big Ron |
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#507 | |
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Registered User
Join Date: 03 2004
Location: Indonesia
Fave Players: Andriy Shevchenko, Eric Cantona
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![]() hmm.. 2 hours to go for Portsmouth - United. live on TV.. then Sampdoria- Milan... then Barca game.. omg.. this night I'll be very close to my TV. ![]()
__________________
Don't Drink and Drive...
![]() Smoke and Fly!!! |
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#508 |
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BANNED
Join Date: 10 2003
Location: Memel, Lithuania
Fave Players: Costacurta Giggs & Rui Costa
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lucky you Argo... for me this eve will be ''history books reading nite''....... again and again........
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#509 | ||
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Registered User
Join Date: 06 2003
Location: England
Fave Players: Keano (ret), Rooney, Maldini
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Carroll hasnt done anything to lose his place and if we keep cleansheets then we dont need to change anything. Another keeper was linked yesterday too Iker Casillas for £14m and £100k a week wages they'll write anything to sell papers.....Quote:
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'Well, Clive, it's all about the two Ms - movement and positioning.' - Big Ron |
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#510 |
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Registered User
Join Date: 10 2001
Location: Sweden
Fave Players: AC MILAN+many others
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Portsmouth 2 - 0 Manchester U.
![]() 54' [1 - 0] D. Unsworth (pen.) 72' [2 - 0] A. Yakubu 10 min. left ... ![]()
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TOGETHER FOREVER |
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