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rook

I read the Glazers 15 year history of Manchester United

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We call them stupid assholes and every other name in the book but they know how to make money.

Despite all the early high interest financing and leveraging they did to acquire the team, they made a shitload of money.

Even though I suspect the money they did not spend from 2006 to 2010 on the Buccaneers helped with the high interest debt,

they essentially leveraged the future of the Manchester United club. They sold a lot of corporate sponsorships and bunch of side

deals that the debt is not really a problem. They are not selling Manchester United unless you paid Billions above the value and they may not sell even then.

The price they would sell it for would have to be done by a nation state with oil like Saudi Arabia or Jeff Bezos. No one else would have the capital.

The only good news which I am not sure is good news ifs they are starting to focus on increasing the value of the Bucs franchise. All the moves in

the offseason indicate. It could be a blessing and a curse. The article is in the Athletic. I subscribe to it.

 

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2 hours ago, bucs63 said:

Tarddad made money off slum tenaments. Tardlets followed the process with the Bucs. No doubt they know how to make bank for themselves though. 

Tarddad did know winning. He doesn't stroke out, Gruden doesn't get fired. No chance the old man would have done that. He might have been a scum but he told Rich McKay's Marvin Lewis idea was shite and hired Gruden, winning a Super Bowl. 

 

His fucktard sons can eat decayed horsemeat.

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32 minutes ago, Tundra said:

Tarddad did know winning. He doesn't stroke out, Gruden doesn't get fired. No chance the old man would have done that. He might have been a scum but he told Rich McKay's Marvin Lewis idea was shite and hired Gruden, winning a Super Bowl.

Malcolm didn't suck. Probably why Fuckening smited him with such a strong blow.

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This was Joel Glazer's baby although Malcolm was probably involved in the lreeraged buyout. The Glazers do not have the wealth of many of the NFL owners, the oil rich states, and the world wide wealth of the big money in the Orient, the Bezos and billionaires like Bloomberg or Buffet. They bought Manchester U with a fraction of their own money and basically financed the deal with debt that was at a credit card rate. The people who financed the Glazers deal made a fortune. The Glazers still have 630 million pounds or Euros of debt but the book value if 3.7 billion pounds or Euros. They won't sell for less than 5 billion and may demand 7 billion. They have preferred shares that give 78% of the team.stock. Their is no chance of a hostile take over without make them incredibly wealthy. It was an insane and genius way to finance the deal that ironically occurred in an economy far more regulated than the United States. Someone with more money could have done this easily without crazy financing and would have made even more money than the Glazers.

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19 hours ago, rook said:

This was Joel Glazer's baby although Malcolm was probably involved in the lreeraged buyout. The Glazers do not have the wealth of many of the NFL owners, the oil rich states, and the world wide wealth of the big money in the Orient, the Bezos and billionaires like Bloomberg or Buffet. They bought Manchester U with a fraction of their own money and basically financed the deal with debt that was at a credit card rate. The people who financed the Glazers deal made a fortune. The Glazers still have 630 million pounds or Euros of debt but the book value if 3.7 billion pounds or Euros. They won't sell for less than 5 billion and may demand 7 billion. They have preferred shares that give 78% of the team.stock. Their is no chance of a hostile take over without make them incredibly wealthy. It was an insane and genius way to finance the deal that ironically occurred in an economy far more regulated than the United States. Someone with more money could have done this easily without crazy financing and would have made even more money than the Glazers.

That was the way some made a lot of money in the real estate bubble in the 2000s. Before the crash. Gamble that the embedded appreciation value covers the debt.  A high risk play, lots of people got burned doing that. But not these fucksticks. And we suffered for it. Fargin iceholes. 

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The real estate bubble in Florida and A Fish called Wand movie a was the Glazers way of making Manchester United. A Fish called Wanda??

The Glazers sold the Manchester United name sponsorships just like the character of Kevin Kline sold advertising sponsoring the zoo. They realized the Man U name was under sold from a marketing aspect. They used a combination of the cash they were making with the Bucs and the hundreds of millions from increased sponsorship sales. Instead of cheesy signs on the animal cages in the Fish called Wanda movie, they were selling naming and sponsorship rights of Manchester United. Unlike the NFL, there is no territorial rights limit of 75 miles. They had a worldwide soccer team they could market almost anywhere.

Did the Bucs suffer as a result? Yes not as much as you would think. The money they were taking away from the Bucs was peanuts compared to the sponsorships. The Bucs revenue was a reserve which they likely used during the Great Recession in 2008-2010. It probably led to Gruden's firing in 2008 and the rebuild with Morris in 2009. I think they would have preferred the 2007 season as a model of winning the division and making the playoffs with a home game. After 2008 season's narrow miss, they went for the full rebuild. They were hoping for a 2005 and 2007 run on the cheap but still make the playoffs with a home playoff game. This rebuild approach never succeeded. By 2012 and full worldwide economic recovery, the Bucs were not needed any more as a revenue back stop. I think the Bucs would like to win but the Glazers under the Glazer off spring only know how to make money rather than win.

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6 hours ago, rook said:

The real estate bubble in Florida and A Fish called Wand movie a was the Glazers way of making Manchester United. A Fish called Wanda??

The Glazers sold the Manchester United name sponsorships just like the character of Kevin Kline sold advertising sponsoring the zoo. They realized the Man U name was under sold from a marketing aspect. They used a combination of the cash they were making with the Bucs and the hundreds of millions from increased sponsorship sales. Instead of cheesy signs on the animal cages in the Fish called Wanda movie, they were selling naming and sponsorship rights of Manchester United. Unlike the NFL, there is no territorial rights limit of 75 miles. They had a worldwide soccer team they could market almost anywhere.

Did the Bucs suffer as a result? Yes not as much as you would think. The money they were taking away from the Bucs was peanuts compared to the sponsorships. The Bucs revenue was a reserve which they likely used during the Great Recession in 2008-2010. It probably led to Gruden's firing in 2008 and the rebuild with Morris in 2009. I think they would have preferred the 2007 season as a model of winning the division and making the playoffs with a home game. After 2008 season's narrow miss, they went for the full rebuild. They were hoping for a 2005 and 2007 run on the cheap but still make the playoffs with a home playoff game. This rebuild approach never succeeded. By 2012 and full worldwide economic recovery, the Bucs were not needed any more as a revenue back stop. I think the Bucs would like to win but the Glazers under the Glazer off spring only know how to make money rather than win.

Fuckem. Hatem. The Glazer triptards I mean. 

 

Six of the most hated club owners in Premier League history

 

Imbecillen. Booben.

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BTW, right concept wrong movie. It is a Fierce Creatures. Key cast members were the same including Kevin Kline, John Cleese, Jaimie Lee Curtis and Michael Palin. It is that film has the cheesy sponsorships for the zoo,

It did have Carey Lovell. The other picture is Carey Lovell and Cleese's daughter.

https://www.imdb.com/title/tt0119115/mediaviewer/rm3196870144

https://www.imdb.com/title/tt0119115/mediaviewer/rm1384930816

.

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It's really hard to tell what the Glazers financials are or ever were.  My guess is that their other financial interests/revenue crashed with the crash, so they ended up in a very tight situation for 5 years or so.  They milked the Bucs to help pay down the Man U debt, but might have done the same to the Bucs anyway.  And they aren't exactly pouring money into the Bucs right now.  They brought in a good coach and paid for Brady, but teams have to spend the salary camp money in the NFL regardless.

 

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8 hours ago, Bucaroo Bonzai said:

It's really hard to tell what the Glazers financials are or ever were.  My guess is that their other financial interests/revenue crashed with the crash, so they ended up in a very tight situation for 5 years or so.  They milked the Bucs to help pay down the Man U debt, but might have done the same to the Bucs anyway.  And they aren't exactly pouring money into the Bucs right now.  They brought in a good coach and paid for Brady, but teams have to spend the salary camp money in the NFL regardless.

 

Damn it’s good to have you back posting. 

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