Vital Football

Latest Manchester United News

United - Red Knights on Hold!

United - Red Knights on Hold!

Any aspirations the 'Red Knights` group had of buying the club from the Glazer family has been put on hold.

With the Glazer family announcing, last week, that the club was not for sale, a statement has been issued implying the 'Red Knights` have not given up their quest and their ambition remains to pursue its efforts,

"To try and help bring ownership of Manchester United to its supporters and under a structure with materially less debt."

"As we have maintained however since news of our ambitions first emerged in March, we will only attempt to purchase the club at a sensible price, consistent with the long term interests of the club."

"Persistent speculation in the media inflated valuation aspirations has made our goals less attainable, as potential investors have strongly reinforced our views that we should not move forward at a price uneconomic for the future of the club."


So, nothing changes in the immediate future then as the Glazer family continue t hold the brand name they craved!

Vital Man United on: facebook

Vital Man United on: twitter

Join Vital Man United

It's easy to REGISTER HERE, simply click the link and enjoy getting involved!

Win FREE pizza with Vital Football!
Select your team and get 50% off if they score twice.
www.papajohns.co.uk/football



Click here to join in the debate on the club forum.

Writer:Red Boy
Date:Wednesday June 2 2010
Time: 5:23PM

Comments

0
I understand why they didnt want to let super rich foreign investors in on the deal - but the bid was doomed as soon as they started talking about maintaining some of the debt. The only positive we can draw is that the glazers insistence that we're in a good enough financial position to deal with the debt is more credible. When the recent accounts were released any signs of weakness would have indicated that the glazers might be susceptible to a bid. Instead, they showed decent growth and I think that is what finally put the red knights off.
tuscan3000
02/06/2010 17:31:00
0
The debt part of any deal will be the clincher, i hope we don't have a case of musical chairs with groups only looking to dip into our profits and not making it debt free.
elvido
02/06/2010 17:46:00
0
Sir Matt must be turning in his grave!
merlin
02/06/2010 19:23:00
0
Just keep qualifying for the Champion's League and you'll stay afloat. Otherwise, you can bend over, put your head between your knees and kiss your collective bottoms goodbye.
fifthcolumnblue
02/06/2010 19:33:00
0
No worries, fcb, couple of titles more and that should take of that! We are not exactly l'fool!!
elvido
02/06/2010 20:28:00
0
Sorry, we are not interested in giving you the title back... for the next 10 years!! lol :)
JT_daniel
03/06/2010 06:01:00
0
JT, we are okay with the two for you, three for us arrangement too with a European cup in between (for us that is)..... :P
elvido
03/06/2010 07:22:00
0
We dont expect you to give it to us - we'll take it from you whether you like it or not.
tuscan3000
03/06/2010 11:50:00
0
I was never too sure about the redknights anyway.
TheFamousNo7
03/06/2010 12:41:00
0
lol elvido.. :) And Tuscan, I admire your confidence but I assure you, we'll not explode like Liverpool to hand you the title on a platter. Expect a strong defence to the title, a succesful defence.
JT_daniel
04/06/2010 14:04:00
Page 1/2
  1. 1
  2. 2

Login to post a comment

Recent Manchester United Articles

Rashford Pens New United Deal

The inference has been in the air for the past few days that Marcus Rashford was close to signing a new deal at Manchester United.

Pay The Money, Go Get Him!

A couple of days ago we ran an article that suggested Manchester United were showing an interest in the Atletico Madrid midfielder Saul Niguez.

Mourinho Wants West Ham Teenager

But it could be quite a chase!

United Scouts Watching Pickford in Toulon

It`s something we`ve mentioned before but it seems to be a piece of speculation that has legs to it.

Archived Vital United Articles

Vital United articles from

Site Journalists

Red Boy
Editor email
Profile
Charlie Bacchus
no email
Profile

Current Poll (see more polls)

Is Mourinho the Right Man for Manchester United?
Suggested By: Red Boy
Yes!81%
No!6%
Time will tell!13%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
C Leicester City 38 23 12 3 81 32
2 Arsenal 38 20 11 7 71 29
3 Spurs 38 19 13 6 70 34
4 Man City 38 19 9 10 66 30
5 Man Utd 38 19 9 10 66 14
6 Southampton 38 18 9 11 63 18
7 West Ham 38 16 14 8 62 14
8 Liverpool 38 16 12 10 60 13
9 Stoke 38 14 9 15 51 -14
10 Chelsea 38 12 14 12 50 6
11 Everton 38 11 14 13 47 4
12 Swansea 38 12 11 15 47 -10
13 Watford 38 12 9 17 45 -10
14 WBA 38 10 13 15 43 -14
15 Crystal Palace 38 11 9 18 42 -12
16 AFC Bournemouth 38 11 9 18 42 -22
17 Sunderland 38 9 12 17 39 -14
R Newcastle 38 9 10 19 37 -21
R Norwich 38 9 7 22 34 -28
R Aston Villa 38 3 8 27 17 -49
Latest F1 News
Latest Vital Boxing News

Recent Manchester United Results (view all)

Manchester United Fixtures (view all)

Vital Members League Table

RankNamePoints
1.TheFamousNo71
2.dmukusi1
3.Cathal P Forde1