UK time is: 20:15:08
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Glaziers To Sell Stake In Utd ?

Glaziers to sell stake in United to raise funds for wiping out debt.

Rumour has it that the Glaziers will sell between 15% and 25% of their shares to raise the funds to pay off some of the debts incurred when they bought the club.

United is valued by them at 1.7 billion, which is a huge markup on the 800 million they bought the club for back in 2005.

IF this comes off and the club is seen as debt free - then what spending power will we have in the transfer market?

Mounting specualtion is that the club will be listed on the Hong Kong Stock Exchange increasing the value of the club.

I have mixed views about this rumour - it could be a very good situation for us to be in - but in all honesty would another takeover occur?

Our recent spending spree supposedly financed by the Qatari Royal Family, has seen us buy in some very good youngsters - ones for the near future, but I still feel we need a 'marquee' signing.

Considering the Blue half of Manchester being owned by very rich Arabs, how would we feel about a possibilty of the Qatari Royal Family owning the shares the Glaziers are supposedly going to sell?

Maybe a complete takeover is on the cards, and the Glaziers are just trying to be shrewd and get a much for themselves from the club as possible?

Written by Niteworlok




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



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

The Journalist

Writer: Niteworlok Mail feedback, articles or suggestions

Date:Wednesday August 10 2011

Time: 8:58AM

Your Comments (oldest first)

Change to most recent first
It would indeed be very good for United, Glazer would not only be able to make a huge profit, but also pay off the heavy interest bearing debt. It also much more likely that a 25% share is easier to sell that the entire club. A sale would benefit all parties. However a shareholder would expect a return either in dividends or as in increase in sharevalue.
nordkap
Report Abuse
10/08/2011 10:59:00

Very clever bit of business by the Glazers. They get to keep their stranglehold on the club firmly in place and clear the debt. The only cause for concern I have is if the Glazers did choose to sell who would they sell to?
TheFamousNo7
Report Abuse
10/08/2011 12:06:00

Still not heard an update on this - anyone else heard anything??
niteworlok
Report Abuse
12/08/2011 12:20:00

No sorry. I would still like to know whether the PIK loans were ever truly paid off or not.
TheFamousNo7
Report Abuse
12/08/2011 12:54:00

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Manchester United Articles

Evans and Cisse Charged by the FA (Thursday March 5 2015)

Young on his Late Winner (Thursday March 5 2015)

A Small Tactical Change? (Wednesday March 4 2015)

On Schedule Dutch Star Declares (Wednesday March 4 2015)

Archived Manchester United Articles

List All Vital United Articles
Have your say
Click here to suggest an article
Click here to suggest a poll
ScoopDragon Premier League Network Sites

Vital Members League (view all)

League Table (view table)

Team P W D L GD Pts
1. Chelsea 27 19 6 2 35 63
2. Man City 28 17 7 4 32 58
3. Arsenal 28 16 6 6 23 54
4. Man Utd 28 15 8 5 21 53
5. Liverpool 28 15 6 7 12 51
6. Southampton 28 15 4 9 19 49
7. Spurs 27 14 5 8 6 47

Breaking League News

Danilo Only Has Eyes for Real Madrid!
Man Utd : 05/03/2015 18:45:00
Trio Selected for Brazilian Internationals
Chelsea : 05/03/2015 17:55:01
Evans and Cisse Charged by the FA
Man Utd : 05/03/2015 17:41:01
Young on his Late Winner
Man Utd : 05/03/2015 17:33:01
Van Gaal - Best Performance of the Season!
Man Utd : 05/03/2015 17:28:01

Current Site Poll (view all polls)

MOTM v Newcastle?
Suggested By:  Red Boy
De Gea 60%
Valencia 0%
Smalling 0%
Evans 0%
Rojo 0%
Herrera 0%
Blind 0%
Di Maria 10%
Fellaini 10%
Young 0%
Rooney 20%
Januzaj 0%
Mata 0%
Carrick 0%