Glazer's Plans

From redish...

Quote:

---

Despite the spin being put on the sales figures from Old Trafford it appears that there has been a sizeable number of fans refusing to renew. The club were looking to release an extra three thousand books to cover the stadium expansion taking season ticket and LMTB sales to over 45000. The best the club can now hope for is 2500 down on that target.

The article in the Times laughably tries to claim that only 120 fans have refused to renew and that the club have some 2000 books still to process, in this figure will be all those fans who have received begging emails and telephone calls after the renewal deadline has passed.

A spokesman for the anti-Glazer coalition told Red Issue this morning:

‘It would be wrong to claim that missing the pre-season sales target figure by two to three thousand is a critical blow to Glazer’s plans but if this can be built on during the season his expectation that fans will turn up and pay up regardless will be severely rocked. Many more fans have sold their books on to friends and others have decided to give it one more year to see how Glazer’s plans for the club develop. His bankers and financiers will be carefully watching developments and we intend to step up the pressure on Glazer’s sponsors and business partners.’

---

Game is up now with Glazer having 97.5% of the shares. By my calculations means only something like 20m worth of shares at best are in independent hands. Alongside record season ticket sales doesn't seem to be much opposition.

Public company was the cause of Manchesters success & may be the cause of its preceived failure.

Quote:

---

Originally Posted by pete

Alongside record season ticket sales doesn't seem to be much opposition.

---

As per above, Season Ticket and LMTB sales are 2500-3000 down on expectations. Not a huge amount, but kinda debuncts the myth that there's 1000's waiting for every seat no matter what the cost/who's in charge

Quote:

---

Originally Posted by pete

Public company was the cause of Manchesters success & may be the cause of its preceived failure.

---

It wasn't the cause of the success. United's on field success happened with the advent of the Premier League, huge TV deals etc, which made the plc a success. That could've been done as a Private Company or a Members Club...

FC United of Manchester it is....

Quote:

---

STEERING GROUP ANNOUNCE NAME OF NEW FOOTBALL CLUB
by editor on 14-06-2005 at 12:37


The Steering group set up to lay the foundations of the new football club for disenfranchised Manchester United supporters today announces the name of that club as voted by it’s founder members.

A spokesman said:

"Over the last few days those who have pledged money and help to the new club have been voting on a range of names. The name of the club, as decreed via a democratic vote is 'Football Club United of Manchester.”


"The number of people who have pledged support for Football Club United of Manchester is already in excess of 2600 and is growing daily.”


"The club will now apply to a league for admittance for season 2005/06. The steering group will be presenting its case, which includes a comprehensive business plan and full structure of the club, to officials from Moore & Co Solicitors North West Counties Football League on Wednesday ahead of the league's AGM this weekend"


"The venture is quickly gathering momentum as will become more and more evident to our supporters. We will be announcing further developments in the coming days. We are optimistic of a successful outcome"

---

I don't get this over reaction. An american takes over the club, you know nothing of him or his plans at all, the only thng you know is he took a nothing team and won the superbowl with them, and you're off forming your own club.

Shareholders united seemed to me at least to be attention seekers after their five minutes of fame.

Man U became a PLC and DID get a lot of money and success on the back of that, other factors helped but that was a big issue. You can't whinge now, where were shareholders united in 1991? That's when they should have been protested, I may have listened to what they had of said if they were.

Not surprised coming from a shels fan, who obviously don't give a fook who runs their club.

IMUSA and Shareholders United hardly fly by nights, and just shows a complete lack of knowledge.

Of course becoming a plc is garanteed to make money - just ask Spurs, Millwall etc... :rolleyes:

Quote:

---

Originally Posted by Macy

It's good news imo. More he does in this vain, the more fans will fook it off, the quicker he won't be able to service the debt, and the quicker he'll be gone from the club.

There's only one United - and it's FC United.

---

it seems the fans will accept it. theyre expecting record season ticket sales of 42500 this year:D

Quote:

---

Originally Posted by anto eile

theyre expecting record season ticket sales of 42500 this year:D

---

Christ, does no one read - they were expecting to sell 45000....

Quote:

---

Originally Posted by Macy

IMUSA and Shareholders United hardly fly by nights, and just shows a complete lack of knowledge.

---

Where was their campaign and FC United when man U became a PLC?

i only said theyre expecting to sell record season tickets,whether its 45000 or 42500-its still record sales. had the ticket sales actually dropped on last year to say 35000 then it would be interesting.fact is, season ticket sales are up again at manchester

but that is because they are realising more. they maybe could have sold circa 50,000 last season, but will sell max 45,000 this year. we'll never know this because last year they only realised 40k tickets

Quote:

---

Originally Posted by Slash/ED

Where was their campaign and FC United when man U became a PLC?

---

Shareholders United have been campaigning for many years to get fans to buy shares to block this type of deal.

One of the early things IMUSA did was start a share club to enable fans to but up small amounts of shares in blocks (this reducing broker fees).

Both organisations successfully combined to see off the Murdoch bid.

IMUSA is 10 years old, and has fought the plc over many aspects that they've tried to do to "maximise profit"/ gentrify OT.

If the floatation had been done in a more fan friendly way, then ultimately United wouldn't be in this position. Step forward Fartin Martin Edwards for that great decision...

Quote:

---

Originally Posted by Macy

Shareholders United have been campaigning for many years to get fans to buy shares to block this type of deal.

One of the early things IMUSA did was start a share club to enable fans to but up small amounts of shares in blocks (this reducing broker fees).

Both organisations successfully combined to see off the Murdoch bid.

IMUSA is 10 years old, and has fought the plc over many aspects that they've tried to do to "maximise profit"/ gentrify OT.

If the floatation had been done in a more fan friendly way, then ultimately United wouldn't be in this position. Step forward Fartin Martin Edwards for that great decision...

---

Indeed, so why wasn't FC United brought around then? If you want to talk about RIP Man U and all of that, it died when you floated on the stock exchange. This was merely the next logical step.

Quote:

---

Originally Posted by Slash/ED

Indeed, so why wasn't FC United brought around then? If you want to talk about RIP Man U and all of that, it died when you floated on the stock exchange. This was merely the next logical step.

---

because up until now, it was still possible that imusa and su could get enough shares eventually to control the club.

is it sooooo difficult to understand :rolleyes:

Quote:

---

Originally Posted by ColinR

because up until now, it was still possible that imusa and su could get enough shares eventually to control the club.

is it sooooo difficult to understand :rolleyes:

---

Yes, it is. It seems to be that up until now floating on the stock exchange has brought Man U success and riches and so they've been in the backround. Now it looks to be biting them on the arse in a perfectly fair, legal and moral way and they're off forming their own club. This should have been done long ago.

Quote:

---

Originally Posted by Slash/ED

Indeed, so why wasn't FC United brought around then? If you want to talk about RIP Man U and all of that, it died when you floated on the stock exchange. This was merely the next logical step.

---

In many ways Glazer is the straw that broke the camels back, but it'd be wrong to suggest that everything was rosy when it was simply a plc. Whilst it remained a plc, fans were buying up shares with the aim to have a blocking stake - obviously this bid came too soon. FC United was initially planned at the time of the Murdoch bid, it's been resurrected now.

Quote:

---

Originally Posted by Macy

In many ways Glazer is the straw that broke the camels back, but it'd be wrong to suggest that everything was rosy when it was simply a plc. Whilst it remained a plc, fans were buying up shares with the aim to have a blocking stake - obviously this bid came too soon. FC United was initially planned at the time of the Murdoch bid, it's been resurrected now.

---

Well even so, I'm clearly missing something with Glazer here. What is so bad about him that people are off forming their own clubs? All I can see is he's giving Fergusson a max od 25m to soend, when the previous board said he wouldn't get a penny as he spent the summer transfer budget on Rooney, and rumoured to be upping ticket prices, which I think he has since denied, to a level still below Chelseas.

What is so bad about Glazer? The only other thing we know about him is he took a nothing team and won the superbowl with them.

Quote:

---

Originally Posted by Slash/ED

Yes, it is. It seems to be that up until now floating on the stock exchange has brought Man U success and riches and so they've been in the backround. Now it looks to be biting them on the arse in a perfectly fair, legal and moral way and they're off forming their own club. This should have been done long ago.

---

Just because you haven't heard of the stuff that IMUSA has been doing in the background doesn't mean they haven't been doing anything. Of course Shareholders United are only going to get media coverage when there's issue's over shares.

And for the last time, success on the field brought the riches that was taken out of the club by the stock exchange, not the other way round. I repeat, how come Spurs haven't been challenging, despite being a plc for years before United, if the stock exchange is the main factor?

Quote:

---

Originally Posted by Macy

Just because you haven't heard of the stuff that IMUSA has been doing in the background doesn't mean they haven't been doing anything. Of course Shareholders United are only going to get media coverage when there's issue's over shares.

And for the last time, success on the field brought the riches that was taken out of the club by the stock exchange, not the other way round. I repeat, how come Spurs haven't been challenging, despite being a plc for years before United, if the stock exchange is the main factor?

---

It wasn't the only factor, but it undoubtabley helped. And Spurs aren't the brand name Man U are, and always were, so couldn't get the same out of floating.

Quote:

---

Originally Posted by Slash/ED

Well even so, I'm clearly missing something with Glazer here. What is so bad about him that people are off forming their own clubs? All I can see is he's giving Fergusson a max od 25m to soend, when the previous board said he wouldn't get a penny as he spent the summer transfer budget on Rooney, and rumoured to be upping ticket prices, which I think he has since denied, to a level still below Chelseas.

What is so bad about Glazer? The only other thing we know about him is he took a nothing team and won the superbowl with them.

---

I give up if people won't bother reading the thread.... :rolleyes:

25 million is a cap, not the budget.

He's saddling the club with millions of debt, that will have to be serviced. Only way to do this is to up ticket prices/ sell players/ reduce spending. He's taking money out of the club, not putting any in, and at a level the plc wouldn't dream of.

Tampa have done fook all since that win, and ask Tampa fans about how fan friendly Glazers ticketing policy is.