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Premier League 2019/20


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2 hours ago, Socialist_Owl said:

Hillsborough is beautiful.  Blaspheme against the grand old dame will not be tolerated.

 

Ironically it's probably the best view of the ground inside, because you can't see the PRESTO STAND and get to look at the Kop instead. 

 

Just the concourses and entrances that are a bit reminiscent of a gulag. 

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41 minutes ago, WalthamOwl said:

Wolves looked very impressive tonight. A couple of seasons ago I thought we where very similar to them, foreign owner, Portuguese manager, Portuguese players. Oh what could have been. 

Difference is their owners surrounded themselves with football people.

 

Ours did, decided he knew it all, got rid of them, surrounded himself with parasites and the rest is history. 

 

In 2016/2017 we went to Wolves and took them apart 2-0. Next season they got promoted, albeit after spending a small fortune.

 

Still...

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1 hour ago, alanharper said:

 

Yeah right. As if Liverpool won't get a late winner... 

 

 

You, sir, are a Prophet among men lol

 

 

Good game that.

 

Wolves are so impressive and show no fear regardless of opposition.

 

Traore (sp) has been transformed this season. A real handful

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54 minutes ago, SiJ said:

Difference is their owners surrounded themselves with football people.

 

Ours did, decided he knew it all, got rid of them, surrounded himself with parasites and the rest is history. 

 

In 2016/2017 we went to Wolves and took them apart 2-0. Next season they got promoted, albeit after spending a small fortune.

 

Still...


We spent a fair bit of money ourselves but they seemed to spend it on players that improved them, we just wasted the majority and are still saddled with that now. If only DC kept people on to advise and help run the club. Really is crazy that he thought he could do it without help from football people. 

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Guest Bulgaria
11 hours ago, Birley Owl 1867 said:

No, the club just spend what they earn on prize money and sponsorship deals.

What they earn..... 

 

So that goes to the owners, who then buys loads of players.

 

Thanks for clearing that up.

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8 minutes ago, Bulgaria said:

What they earn..... 

 

So that goes to the owners, who then buys loads of players.

 

Thanks for clearing that up.

The Glazers have relocated Manchester United’s company registration from Sir Matt Busby Way in Old Trafford to the Cayman Islands tax haven, and floated on the New York Stock Exchange in 2012, and the club has paid a dividend, most of it to the Glazers, for the last four years. The latest, declared in the United 2018-19 accounts filed last month, was £23m, of which the five Glazer brothers and their sister Darcie Glazer Kassewitz shared approximately £18m.

Henry and his FSG co-investors Tom Werner and Mike Gordon – who is credited with steering the revival since he took personal responsibility for Liverpool in 2012 – have never taken a salary from the club. All six Glazers are directors, and on the payroll. At United, the struggles to replace Ferguson and modernise the operations contrast with the clinical thought and detail applied to the Glazers’ financial engineering.

Woodward, who worked on the United acquisition for the Glazers and their late father Malcolm while at the bank JP Morgan, came up with the £275m “payment in kind” hedge fund loans at an initial 14.25% interest, to bridge the gap with a £265m bank loan and £270m the family itself put in. When the debts were refinanced a year later, the hedge fund debts had escalated by £79.1m, which included a £13.2m charge for “early redemption”.

Documents in 2010 setting out another refinancing of debt, which had swollen to £700m, revealed the Glazers had, since 2006, been paid £10m in “management and administration fees” and Kassewitz and each of her five brothers had borrowed £1.66m, £10m in total, from the club.

When the Glazers decided to register United in the Cayman Islands and float them in 2012, they split the club into two sets of shares, A and B. They hold all the B shares, which are not listed on the stock exchange but do accrue dividend payments and have 10 times the voting rights of the A shares. Ultimately the Glazers’ route to a fabulously profitable sale is to convert the B shares into A, which are publicly traded and bought by investors such as the banks whose executives hold those awkward public investor calls with Woodward every quarter.

United’s annual report notes that a company registered overseas does not have to follow the standard corporate governance standards of the New York stock exchange.

“Accordingly, we follow certain corporate governance practices of our home country, the Cayman Islands,” the report states. “Specifically, we do not have a board of directors composed of a majority of independent directors, or a remuneration committee … composed entirely of independent directors.”

The purpose of independent, or non-executive, directors is to apply objective scrutiny of how a company is being run and hold its executives to account. United’s board includes Woodward, Richard Arnold, the well-regarded group managing director, the chief financial officer Cliff Baty, three independents, Kassewitz and all five of her brothers. Joel and Avi are acknowledged to be the only two of the Glazers involved in the day‑to‑day running of the club. They, with one of the independents, Robert Leitão of the bankers Rothschild, sit on the remuneration committee which decides the pay of the directors. The total paid to the board and executive management in 2018-19 was £10.7m, which the accounts do not break down individually. Woodward is paid by a subsidiary company, Manchester United Football Club Ltd; his salary in 2017-18, the most recently published, was £4.152m.

The Glazers have made more than £200m selling slices of their shareholdings to investors, and one day, surely, the persistent speculation about a sale will culminate in them cashing out, perhaps as suddenly as they bought United, largely unwelcomed, in 2005.

 

 

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15 hours ago, SiJ said:

Difference is their owners surrounded themselves with football people.

 

Ours did, decided he knew it all, got rid of them, surrounded himself with parasites and the rest is history. 

 

In 2016/2017 we went to Wolves and took them apart 2-0. Next season they got promoted, albeit after spending a small fortune.

 

Still...


I’ll always remember that game as it holds a fond memory to me and my partner, and I remember driving home listening to the game thinking wow Wednesday are really on the way back and I’ve got a girlfriend. Miracles do happen.  Sadly wolves then showed us what you should actually do when you get big investment 

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16 hours ago, WalthamOwl said:

Traore really does look quality. In the past I thought he was full of pace but a bit of a headless chicken. Looks brilliant this season though. 

 

Apparently, him and Jimenez are the best combo for goals in the PL at 8. Would think De Bruyne & Aguero can't be far behind.

 

I'd have thought Jimenez was good at cricket too..............  it's a Disney thing. :biggrin:

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1 hour ago, The only way is S6 said:

 

Apparently, him and Jimenez are the best combo for goals in the PL at 8. Would think De Bruyne & Aguero can't be far behind.

 

I'd have thought Jimenez was good at cricket too..............  it's a Disney thing:biggrin:

 

 

You should be sent to see Thumper for that one

 

:image:

  • Haha 1
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On 19/01/2020 at 21:40, 0wl18 said:

Haaland scored a 20 minute hat trick off of the bench yesterday. Think they’ll be kicking themselves considering he’d have cost just 20m.


another 2 goals for him last night. He’s scored 5 goals in less than 90 mins of play in the 2 games. He really does look a talent. 

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