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Premier League 22/23 Thread
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<blockquote data-quote="weasel" data-source="post: 554359" data-attributes="member: 14"><p>I would be surprised if they sell for 5-6bilion. Chelsea sold for 3 billion and that was pretty much a forced sale. Utd are a bigger club so I would assume they will attract a higher price. Plus the Glazier's will want a lot of year's income upfront, and the bank they borrowed from probably have T's&C's regarding early repayment and penalties for it.</p><p> </p><p>Granted OT needs a refurb and the squad needs an overhaul but those aren't things that will affect the Glazier's asking price. They may affect what buyers are prepared to pay but Glazier's are selling a fairly unique asset. There aren't many big PL clubs that come up for sale. Limited supply makes it a sellers market.</p><p></p><p>As for Teamviewer, I have heard their shareholders weren't happy with the price they agreed for the sponsorship and the company has had a change of heart in terms of the direction they go with advertising. I suspect Utd being pish is a factor but a minor one. </p><p></p><p>I'm unsure if the Glazier's style of take over is illegal now. I don't remember the ins and outs of it, but it was a leveraged take over. The kind of thing beloved by asset strippers and Private Equity. Even if it is, you can't make laws retrospectively. That would just lead to decades of court cases and is the kind of thing that happens in back water 'banana republics'</p></blockquote><p></p>
[QUOTE="weasel, post: 554359, member: 14"] I would be surprised if they sell for 5-6bilion. Chelsea sold for 3 billion and that was pretty much a forced sale. Utd are a bigger club so I would assume they will attract a higher price. Plus the Glazier’s will want a lot of year’s income upfront, and the bank they borrowed from probably have T’s&C’s regarding early repayment and penalties for it. Granted OT needs a refurb and the squad needs an overhaul but those aren’t things that will affect the Glazier’s asking price. They may affect what buyers are prepared to pay but Glazier’s are selling a fairly unique asset. There aren’t many big PL clubs that come up for sale. Limited supply makes it a sellers market. As for Teamviewer, I have heard their shareholders weren’t happy with the price they agreed for the sponsorship and the company has had a change of heart in terms of the direction they go with advertising. I suspect Utd being pish is a factor but a minor one. I’m unsure if the Glazier’s style of take over is illegal now. I don’t remember the ins and outs of it, but it was a leveraged take over. The kind of thing beloved by asset strippers and Private Equity. Even if it is, you can’t make laws retrospectively. That would just lead to decades of court cases and is the kind of thing that happens in back water ‘banana republics’ [/QUOTE]
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