UK time is: 00:01:05
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

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
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
Still not heard an update on this - anyone else heard anything??
niteworlok
No sorry. I would still like to know whether the PIK loans were ever truly paid off or not.
TheFamousNo7
 

Have Your Say

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

Recent Manchester United Articles

Punching Above Their Weight! (Thursday July 24 2014)

Seven-Up for United! (Thursday July 24 2014)

Nani Could be Heading Where? (Wednesday July 23 2014)

Hummels deal Dead in the Water? (Wednesday July 23 2014)

Spending Big? (Wednesday July 23 2014)

Hummels Coming? (Tuesday July 22 2014)

Evra Says Thanks! (Tuesday July 22 2014)

Vermaelen Update! (Tuesday July 22 2014)

Evra Signs for Juventus! (Monday July 21 2014)

Defender Signing Imminent! (Monday July 21 2014)

Archived Manchester United Articles

List All Vital United Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. TheFamousNo7 101
2. Kanchelskis 53
3. MotorMad 23
4. nordkap 4

League Results (view all)

Latest Results

League Table (view table)

Team P W D L GD Pts
8. Leicester City 0 0 0 0 0 0
9. Liverpool 0 0 0 0 0 0
10. Man City 0 0 0 0 0 0
11. Man Utd 0 0 0 0 0 0
12. Newcastle 0 0 0 0 0 0
13. Q.P.R. 0 0 0 0 0 0
14. Southampton 0 0 0 0 0 0

Breaking League News

Forthcoming Friendly Cup Chosen For TV
Newcastle : 24/07/2014 22:48:00
Mbiwa Still Linked With Loan Move
Newcastle : 24/07/2014 22:26:00
The Black Cats looking at Patrick van Aanholt!
Chelsea : 24/07/2014 21:39:00
How Swansea City's Squad Is Shaping Up
Swansea : 24/07/2014 21:23:00
Pozuelo Joins Rayo Vallecano
Swansea : 24/07/2014 21:02:00

Current Site Poll (view all polls)

With Holland Out, Who Will Win the World Cup?
Suggested By:  Red Boy
Argentina! 18%
Germany! 82%