I cant find the quote on the united website, everywhere else says £s not €s. I suspect it's more United revision of history.
Hit the road Malc
(80 posts) (17 voices)-
marlon
Member
Its here - makes sense as Moura fee is in € too.
http://www.manutd.com/en/Tour2012Teaser/Tour2012News/2012/Aug/sir-alex-ferguson-on-van-persie-and-lucas-moura.aspx#Posted 9 months ago # -
Damian Garside
Member
Posted by unregistered user: Damian GarsideIt’s the long-division that’s messing with his mind: converting Euros into Sterling is hard for one who has gone more than one red wine bottle too far. What we need to do is find a great CM who is also a Maths or accounting whizz: no problem selling him that
Posted 9 months ago # -
Alfonso Bedoya
Moderator
Arrrrrrrrrrrrrggghhh ffs... who gives a fuck if it's £150m, or a £100... the sentiment is still the same... sometimes I despair at some of the pedantic numpties we get here.
"Badges, to god-damned hell with badges! We have no badges. In fact, we don't need badges. I don't have to show you any stinking badges, you god-damned cabrón and ching' tu madre! Come out from that shit-hole of yours. I have to speak to you."Posted 9 months ago # -
Pikey McScum
Member
Don't be scaring them off Alf!
ffs, it doesn't seem that long ago we were moaning about the lack of new members
"Sometimes you look in a field and you see a cow and you think it's a better cow than the one you've got in your own field. It's a fact. Right? And it never really works out that way."Posted 9 months ago # -
Anantax
Member
So ManUtd is valued at 2.3 billion. Bought for 1.2 billion in 2005, thats a 2x return in 7 years. 10% pa return. Not bad but definitely not great. Return on equity is probably decent then given the high leverage
One thing is for sure...IPO shows plenty of suckers out there. I would not have bought it even at 10. We won plenty of titles in last aeven yearsand we "only" doubled...can you imagine the next 7 years with City and Chelsea competing for honors?
Posted 9 months ago # -
BiscuitBarrell
Member
Anantax said:
So ManUtd is valued at 2.3 billion. Bought for 1.2 billion in 2005, thats a 2x return in 7 years. 10% pa return. Not bad but definitely not great. Return on equity is probably decent then given the high leverageOne thing is for sure...IPO shows plenty of suckers out there. I would not have bought it even at 10. We won plenty of titles in last aeven yearsand we "only" doubled...can you imagine the next 7 years with City and Chelsea competing for honors?
I may be wrong, but $14 is the price the club have set to sell the shares at. This is not a guarantee that they will sell. Only then will the club value be known. We'll know more after trading starts. Anyone got any info from NYSE?
Posted 9 months ago # -
Damian Garside
Member Posted by unregistered user: Damian GarsideAlf, you owe it to us to write the manual for posting on Rant. So we know what not to say and how not to say it. Like last season you killed me for I suggesting it would be insanely close but that City would do it. Hey, wait a minute…
Posted 9 months ago # -
Damian Garside
Member Posted by unregistered user: Damian GarsideGiven that what is being sold, or what they are trying to sell to investors is essentially the incomparable glamour of the MANU brand, I wonder whether the price would have been higher if we were reigning champions.
Could it be that that last second goal by Aguero is costing the Glazers a huge chunk of change?
Posted 9 months ago # -
Anantax
Member BiscuitBarrell said:
I may be wrong, but $14 is the price the club have set to sell the shares at. This is not a guarantee that they will sell. Only then will the club value be known. We'll know more after trading starts. Anyone got any info from NYSE?No. 14 is essentially the price at which the order book is filled. Remember the Glazers wanted an original range of 16-20.
Of course once its traded the stock can easily go up and down but 14 is the valuation that Glazers are cashing in the current 10% they are selling now...
Posted 9 months ago # -
Anantax
Member Commenter said:
Given that what is being sold, or what they are trying to sell to investors is essentially the incomparable glamour of the MANU brand, I wonder whether the price would have been higher if we were reigning champions.Could it be that that last second goal by Aguero is costing the Glazers a huge chunk of change?
I am sure it does.
But i think what hurt them more was the- dual structure where new shareolders have pretty much zero power
- zero dividends
- lack of transparency as MANU can forgo filing quarterly reprots for next five yearsPosted 9 months ago # -
Alfonso Bedoya
Moderator Commenter said:
Alf, you owe it to us to write the manual for posting on Rant. So we know what not to say and how not to say it. Like last season you killed me for I suggesting it would be insanely close but that City would do it. Hey, wait a minute…Feel free to write whatever you like... just don't use the word "cunt".
It's not allowed here.
Posted 9 months ago # -
BiscuitBarrell
Member Anantax said:
No. 14 is essentially the price at which the order book is filled. Remember the Glazers wanted an original range of 16-20.Of course once its traded the stock can easily go up and down but 14 is the valuation that Glazers are cashing in the current 10% they are selling now...
Thanks for that. Makes more sense.
Posted 9 months ago #
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