Manchester United lowers stock float value
http://www.bbc.co.uk/news/business-19201427
Manure Shares
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superfrank
- Posts: 2762
- Joined: Fri Aug 14, 2009 8:28 pm
Last edited by superfrank on Tue Aug 21, 2012 2:59 pm, edited 1 time in total.
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superfrank
- Posts: 2762
- Joined: Fri Aug 14, 2009 8:28 pm
Manchester United: George Soros invests in football club
http://www.bbc.co.uk/news/business-19328750
Soros must be losing it!
http://www.bbc.co.uk/news/business-19328750
Soros must be losing it!
Maybe you know more than Soros. Or maybe... 
Jeff
Jeff
superfrank wrote:Manchester United: George Soros invests in football club
http://www.bbc.co.uk/news/business-19328750
Soros must be losing it!
Did you see the prospectus?
A summary, we want to list to get rid of some debt, Oh but we way £76m and all the voting rights. Shareholders get a very minority holding with little in the way of voting rights. It looked a very bad deal to me. I dont' trust the Glazers.
A summary, we want to list to get rid of some debt, Oh but we way £76m and all the voting rights. Shareholders get a very minority holding with little in the way of voting rights. It looked a very bad deal to me. I dont' trust the Glazers.
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superfrank
- Posts: 2762
- Joined: Fri Aug 14, 2009 8:28 pm
yeah i saw that. i suspect that they only managed to succeed with the IPO because of the upcoming TV deal which gives clubs a 70% increase (which no doubt will go in wages to foreign superstars while Roy Hodgson has 20 top-flight players to choose from).
i wish Man U and the other greedy sods had left and formed the European Super League. maybe we could have had a proper ENGLISH top-flight then.
i wish Man U and the other greedy sods had left and formed the European Super League. maybe we could have had a proper ENGLISH top-flight then.