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Most liked posts in thread: European Super league

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  1. Faithful Bantam

    Faithful Bantam Squad Player

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    Good on em, making a stand for what they believe in.
     
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    #203 Faithful Bantam, May 2, 2021
  2. Storck

    Storck Regular Starter

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    might arrange for a midweek lunchtime kick off and hope they are at work
     
    #204 Storck, May 2, 2021
  3. Nottsy

    Nottsy Squad Player

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    All for what the Man United fans did yesterday. Well done to them.
     
    #209 Nottsy, May 3, 2021
  4. Nottsy

    Nottsy Squad Player

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    Nice to see you’re still toeing the line Tony. Nothing will ever change.
     
    #211 Nottsy, May 3, 2021
  5. Stafford Bantam

    Stafford Bantam Captain
    Moderator P.L.22/23 Entrant P.L.23/24 Entrant Supporter P.L. 20/21 Top 30

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    What is it with Manchester United fans and flares?
    [​IMG]
     
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    #213 Stafford Bantam, May 3, 2021
  6. Nottsy

    Nottsy Squad Player

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    Yeh yeh yeh, peaceful protest, strongly worded emails, getting angry on Facebook, doing it the right way, blah blah blah. feck that, you want change, fight for it.
     
    #214 Nottsy, May 3, 2021
  7. SimonW

    SimonW Administrator
    Admin Moderator Qatar 2022 Entrant P.L. 20/21 Entrant P.L.23/24 Entrant P.L. 18/19 Entrant

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    [​IMG]

    See this highlights my problem with the crap MUST have managed to spout.
    • Somehow they have come to the figure £118million in 2009 in interests when the highest was sin the first year at £60mill (with tax shield in real term £47mill) By 2009 they had already refinanced multiple times. In 2009it was £33mill (or £26m in real terms). They are clearly throwing in non-cash elements into the debt servicing costs and calling it interests
    • They have pushed this idea that somehow the company is due share money, not the shareholders. They also ignore that from the initial float the Glazer gave the club £100mill of it when they didn't have to.
    • They include director and consulting fee's as an unusual cost when every club has those as they are standard business costs for the directors of the service render
    • They bring up the Ronaldo fee being used to pay down the debt but they didn't pay any of the debt down for FOUR SEASONS after the sale and the Cash in the bank just kept rising when interests rates were basically zero so it was actually losing value (was £150mill in the bank when some of the debt was paid down in 12/13). United tried buying players but they largely choose other countries, mainly the Spanish clubs. Fergie seemed to be the one who preferred to not go for a big name if they weren't his first choice. The season they did pay some of it down was the season we signed RvP (And the season before they spent a lot of DDG) and even then the cash in bank was MORE than the Ronaldo money. I'll give them Obertan was rubbish but Valencia was an immense player for us who went on to win United Player of the year, the players player twice and included in the PFA Team of the year. If he had gone to Real who where supposedly his other option everyone would have been complaining we didn't get him.
    • They have confused people about Director Loans. When a business has cash in bank they will sometimes give out loans at a rate lower than what the people getting the loan could get on the open market but higher than the bank interest rate which is then paid back by the directors. It's win/win for both parties, the club make money just sitting there work and the director gets to use the loan to make more money at a lower interest rate. Special dividends are different to that and are not linked to the loan, sure you could make the argument it was used to give them the money to repay it but seeing as special dividends go to all shareholders and the director loan was given to Darcie not the Glazers as a whole that hardly makes sense. Also, special dividends are actually paid most years and many companies pay them (United as a PLC did too) and just means its a dividend paid off-cycle, usually halfway through the financial year. Without it most likely the EOY dividend would be higher
    • Also implying that somehow United are the only club to pay a dividend seems disingenuous. They may not call it a dividend mainly because most of them aren't publically listed but they are getting payments still on top of director fees and consultancy fees. I believe Kronke at Arsenal gets a bonus linked to the financial success of Arsenal
     
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    #217 SimonW, May 3, 2021
  8. Faithful Bantam

    Faithful Bantam Squad Player

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    That would appear to be very much the minority view amongst United fans Simon. Certainly those I know despise the Glazers with a passion and can speak much more articulately than I could. The likes of Nevill don't seem to be the sort who'd be easily led by something a supporters association would say.
     
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    #218 Faithful Bantam, May 3, 2021
  9. Storck

    Storck Regular Starter

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    the fact that it is all agreed and voluntary etc says to me that they realised they hadn’t actually broken any rules. Will be interesting to see how they deal with the other three.

    These 9 have also signed an understanding that if they agree to anything similar then the ‘punishment’ is £90m. So at least next time they know what the cost is, so they will be able to work out if it is worth it
     
    #227 Storck, May 8, 2021
  10. Storck

    Storck Regular Starter

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    I wouldn’t have an issue with it looking like that if there was a way to move upwards without waiting for another English team to come bottom of the league above
     
    #229 Storck, May 8, 2021
  11. Boston-Sox

    Boston-Sox Emergency Backup

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    Ashamed my club ( Liverpool ) where involved in this
    Peaceful protests and boycott of games is one way to show the club we don't want this
    It is just Greed
    Disgusted with owners
    :mad:
     
    #230 Boston-Sox, May 11, 2021
  12. Storck

    Storck Regular Starter

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    Apparently Juventus have been threatened with expulsion from Serie A. If that happened I could see it getting messy very quickly with court cases
     
    #231 Storck, May 11, 2021
  13. Storck

    Storck Regular Starter

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    #232 Storck, May 25, 2021
  14. Storck

    Storck Regular Starter

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    And now apparently the three clubs have won the first part of the legal battle in the courts which could also mean UEFA having to remove the sanctions on the others, which presumably would mean Premier League would have to do same too.

    https://www.bbc.co.uk/sport/football/58032324
     
    #233 Storck, Jul 30, 2021
  15. Interested Bystander

    Interested Bystander Important Player
    Qatar 2022 Entrant P.L.22/23 Entrant P.L.23/24 Entrant Supporter Euro 2020

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    Possibly but a key passage in that reads "We remain confident in the success of a project that will be always compliant with European Union laws."
     
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    #234 Interested Bystander, Jul 30, 2021
  16. TheNorf

    TheNorf Fringe Player

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    We are no longer subject to European Union competition law, our current laws might be very similar but the government seemed eager to intervene when the European Super League breakaway was attempted, surely the next logical step is to put pressure on them to change our own laws to prevent a breakaway from happening. Real, Barca & Juve won't want to form a European Super League without the Premier League clubs involved. The whole reason they want the breakaway is because of the power of the Premier League and because they worry they can't compete.

    We need to put the Premier League teams in a position where they legally can't breakaway, whilst thwarting Real, Barca and Juventus' attempts to form a rival competition.
     
    #236 TheNorf, Jul 30, 2021
  17. Storck

    Storck Regular Starter

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    Yes things could change to stop it in the future but all the agreed punishments will probably have to be removed and any fines returned.
     
    #237 Storck, Jul 30, 2021
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