Why Man Utd are for sale
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- Опубліковано 31 гру 2022
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Manchester United are for sale. After years of conflict between supporters and owners, the Glazer Family, who have held majority control of the club since 2005, are searching for a buyer.
But why now, and what will happen next? How much are Manchester United worth? Who could afford to buy United?
Laurie Whitwell and Dan Sheldon explain, Craig Silcock illustrates.
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#MUFC #ManUnited - Спорт
Liverpool can consider themselves lucky the Glazers didn’t go after them in the end. They’re the worst thing that could have happened to United ever. As a football fan (and even as a Spurs fan) this genuinely hurts. Glazers out!
Go City!!!
We had hicks n Gillette… who managed to be worse
@@adiabeticturtle2463 They were really bad but not around for that long.
As a Liverpool fan I've been saying for years that we should support the movement to get the Glazers out. I couldn't care less about United self-destructing, if anything it's hilarious watching them suffer, it's the fact a foreign owner has been allowed to come in and do it. If it can happen to them it can happen to any of us. There should be legal requirements in place to stop would-be buyers from ruining/using our clubs the way the Glazers have ruined United and how Mike Ashley used Newcastle, either you treat our clubs with care and respect or stay away from English football
@@darthpepe2994 Thanks for your support! Good to see fans from other teams can look at this for what it really is.
I think the main stumbling block for any potential buyer is the need for massive infrastructure investment. I found when I went to Old Trafford 20 years ago it felt like a tired worn out stadium. Also Carrington apparently needs a chunk of money put into it to modernise. It looks like the purchasing of Liverpool would be the better investment for many/if not all potential buyers. I'd be surprised if Man Utd was sold for £4b+ and I wouldn't be surprised if the sale of the club takes a lot longer than anticipated.
I believe you're 100% spot on. The money needed to revamp and modernise the stadium, facilities and other key parts (junior academy) is much too high.
They've set a price and will work from there.
If Old Trafford was tired 20 years ago with the redevelopments alongside it being the best stadium in the country then maybe the severity is more concerning than originally expected
@@no.fourteen9316 I was there when the new three tier main stand was "new". Found the interior of the stands/food sections grubby with mice running about, and it smelt off - like rusty metal. Didn't part of the roof leak recently, causing a cascade of water to fall onto the stands recently?
the one thing that united has that liverpool doesn't quite have in the same level is the only thing the glazers did, which is the MASSIVE brand strength it has in Asia's new markets (India, China, so on)
@@leo1fun while true what has that branding in the Asian and Middle eastern markets actually acheived apart from football tourism ?
They hardly saw a bigger slice of the pie in terms of TV deals (rights sold by the Premier League as a whole) and appearance fee aside the tours wont generate that much extra revenue for the club (£15 million for a pre-season tour would probably equate to if the Premier League had given them an extra 6 home games in the season).
While lack of champions league football has made it more difficult to attract high calibre players, at the same time the scouting and recruitment teams have made some terrible decisions which cant help the club finances that much (buying players for high transfer fees, and then selling them at a loss 6-12 months later)
It annoys me greatly that owners can run a club so poorly for a decade plus, leave them in ruins and uncompetitive and still walk away with billions in profit.
That’s capitalism
@Moon Shine lmao this is mostly European
@@holliefitzzz brainless
there should have been a law against leveraged buyouts.
@@moonshine8255this is European. Almost all american sports teams are profitable even if they are horrible at winning
The main reason which you missed. Utds debs are unhinged, that means that as interest rates increase the amount they have to pay each year goes up. It has gone up from £20m a year to £124m a year (just for the interest) in the last quarterly accounts. Debt has also increased.
They need to sell. As the fed has raised interest rates again since those accounts were published.
How do they have pay 124m in interest when their total debts are “only” 500m? Interest rates aren’t that high
Lol the pro war and WEF people are not going to like you exposing the fed lmao.
On a lighter note, Let's see how stubborn the glazers can be to hold on to an asset depreciating that fast.
It has been heartbreaking to see their mistreatment of such a giant of football club. The only hopes I have for the new owners is that they are rich enough to invest in the infustructure and to back the current manager as he builds his incredible project.
'Project Big Picture' is literally what Madrid and Barca did to La Liga.. They dominate all the revenue and tv shares in spain then buy potential players from inferior clubs.
This is the reason why traditional clubs like Athletic, Atletico, and Valencia refused to sell players to them unless they had pass their prime.
Torres, D. Silva, Mata, and De Gea, Llorente were some of players who had to play abroad because in their contracts they couldn't be transfered to those 2 giants.
Atletico de Madrid gets almost as much as Real Madrid and Barcelona in TV revenue. I get the other clubs but Atletico has a huge budget and thats why they have the 9th highest payroll in Europe.
@Moon Shine In the last laliga TV money destribution Atletico was just slightly behind Real Madrid and Barcelona. The crazy thing is that Atletico Madrid has a similar player payroll to Juventus and is ahead of Liverpool, Inter, Arsenal etc but they just can’t get out of the shadows of the two other big clubs. It’s more about mentality than money at this point.
Yep, it was a very shallow attempt to rig the game so they'd win and every other PL club saw right through it
@@Kanbei11 What?
@@familiasosa6379 Get more money from TV to further price everyone but the treacherous six out of the game and all but guarantee a good finish. Like Real Madrid and Barcelona did in Spain
Hope ETH will get his deserves backing from new owner and football people in the director roles
True. I’m still sad we lost out on Gakpo, when we have been eyeing him for quite some time. There’s only so much you can do, without the backing from owners and directors. All great managers needed them.
Spend 200 million in the summer but needs more"backing"
@@BigDeyum Projects take more than one summer and a few players. Ten Hag has already lost key transfer targets both in the summer and this window due to inaction from club management, backing is more than sporadic and unwise spending.
He’s just spent 100 million on a pigeon.
Penchester urinated spent more than a half a billion and still couldn't win a trophy 🤡
I hope the new owners will bring a good CEO and a director of football with them and restructure the club. We have scouts who's been leaching on the club. Ragnick has advised the club of players that would've cost 20-30mill a year ago who are now going for 50 atleast, not even mention Gakpo. We need football people and get rid of business ppl for good.
New owners with same DOF and CEO will make no difference
Do you know that football people can't do anything without the business people? Because all things about football need a lot of money (players, stadium, infrastructure, manager, trainers, etc).
Let's hope get rich people who love football and smart enough to manage the finance. Because if not, the club will face the same problem in couple of years. No investor want to lose billions dollar without return.
Well Gakpo is a player we were going to get but Rashford proved that he was in fact still a great player and the need for a wide forward lessened dramatically so we didn't end up going for him.
@@Quazzi As a Dutchman and PSV fan, you dodged a bullet. Gakpo is unfortunately not that guy as you’ll soon realise. He’s super inflated because he was in the eredivisie.
are u not aware that UTD has been restructured and so far so good..... New Coach, New CEO, DOF AND TECHNICAL DIRECTOR.....give these guys a chance.... its their 1st season....
u should read about John Mutough and ull discover that the guy has alot of experience in football from Everton and Fulham
Hey Tifo, I recently got your book as a present for Christmas, I am an amateur player and I just wanted to say thank you! You completely changed my perspective of the game, and I have improved so much.
If you haven’t already, please buy the book it is brilliant 💛
Why would Tifo buy their own book?
Re read what you wrote XD
Ralf was the face of this revolution and CR7 has put the cherry on top during his Interview about the owners ....
So both of them are the two hero of this revolution.
Nothing of sort. Ralf is the only person that could even be considered a “hero”. What Ronaldo said in his interview was known information by most if not all supporters of the club.
Utter bull.
Wish the Glazers had tried' Project Big Picture' in 2006.
As a city fan its sad to see uniteds current state, it was such a great club
They're doing ok, as the video states the Saudis bought them not too long ago
Thank Heavens, hopefully the Red Knights and the fans can now buy the club!
Maguire hosts a podcast called 'The Price of Football' where he discusses all sorts of football finance topics. It's personally my favorite podcast
That was super interesting, thank you for sharing these!
The fact you didn’t talk about the financial problems that the glazers have put Manchester United in is criminal because the revenue is not going up but they aren’t willing to invest in the clubs infrastructure because they don’t invest there own money and the debt they put the club on just for buying the club is absolutely insane with a percentage of it being paid off as a 16 percentage interest which is absolutely ridiculous interest percentage. So they want to sell before the value drops because if you go to old Trafford or see videos you would see a stadium that 18 years ago was one of the best stadiums and then they came in and never invested in the infrastructure of it which is absolutely heartbreaking to see so now the stadium is slowly deteriorating it’s just sad, I went to old Trafford in the first game of the season and they had broke seats at the top and I was told that has been like that for a long time had they fixed it costing max 100 pounds and leading to having one extra person on every single game which would lead to small profit. You should get the small things right and then it will lead to you getting the big things right. Can’t wait to see them gone will definitely try to go to old Trafford again when they sell because the atmosphere would be insane and if the right owner buys us it will be even more electrifying. (which for me is the Manchester born Jim ratcliffe )
They've talked it about for years in several videos on this channel...
@@StriderDSC ok I just haven't seen them then just from seeing this video they seem like they are a bit clueless but thanks for telling me will definitely look into them.
You were going fairly well until you mentioned Ratcliffe
I know United fans have been screaming for years to get rid of the Glazers. Now that they are interested in selling all I will say is to be careful what you wish for. Any owner that can afford something like United will likely want to extract money from the team just like the current owners do.
This was Ronaldo's master plan all along. To buy Manchester United
He doesn't have billions lol.
@@sankujamatia525 Ronaldo, Zlatan, Mourinho, Pogba, and Lukaku will split the bill.
Nah, few years later he will buy some smaller African country, pronounce himself as king, will manage and play for their national team until he's 60. He has to do something unconventional to trump Messi.
I just want them to be owned by someone who cares about the club. Man United jerseys are not even readily available here in Florida where the Glazers are from.
Good stuff for united
I heard that Amazon is also potentially interested to buy United .
I am potentially interested in buying united, so are you lo
l
@@ulrichleukam1068shut up man
Their fans should overtake the club ownership and turn the club into fan-owned club.
Most underrated football channel
Love your england map!
why?
Best news I heard great way to start 2023 glazers won't be missed
When we expecting the Liverpool reason of sale?
Didn't Ratcliffe say since that he was focussing on Nice now since the sale announcement?
But Man United weren't officially for sale yet if i recall correctly. It was only talks of maybe. Things might change now.
Todd being reckless has scared Fenway and the Glazers. If he blows it at Chelsea no one will ever pay the sort of money they want for Liverpool or Man u. Crazy money for either when you could grow another club.
Answer to Tifo is , u can't simply give it away innit?
Can you do one of these for Liverpool?
Imo FSG wants to sell Liverpool so they can buy NFL team Washington commanders
Utd and liverpool are distressed assets after covid 19!both need massive investment and with current massive downturn wer facing fsg and glazers know they need too sell as asset is at peak price to stay afloat in other businesses as day of easy money is over
They should bite the hand off anyone who gives them 3bn; 1 will go straight into paying down debt, but that gives them 2bn to split amongst themselves.
Any owner would probably have to invest another billion over the next 3years: first team(s), academy facilities, and stadium.
Chelsea arguably had the last 2 at least in a better state at time of sale.
So asking for over 3bn is a bit of a stretch imo.
Beware of when FSG & the Glazers start buying Spanish & Italian clubs that would’ve be apposed to a continental league.
There won't be another Super League attempt the backlash was too big the first time. What we need to watch out for is a "Champions League restructuring", though thankfully that's in the hands of the utterly useless UEFA, rather than the greedy ruthless club owners. But if the big clubs start gaining more power and influence within the organisation we should be concerned then
@@darthpepe2994 You need to watch out better. There is a major Champions League restructuring announced May 2021 affecting 2024/25 onwards.
Who do you think UEFA is in the hands of? The big clubs have been extorting the UEFA with the idea of breaking away and forming a super league since the mid-90s, this isn't something brand new and out of the blue.
They've just not pushed the Overton window far enough and the public hasn't accepted it. But in a couple of years they'll achieve the same thing if they do it gradually enough.
@@andrasszabo1570 Yes but as you say; gradual. And I don't think this current restructuring will last long anyway, managers have been going mad about the number of games their players are being asked to play to the point even fans are starting to question it, yet they're still trying to push more in.
Any notion of a breakaway European league or the big clubs gaining more power and money will be met with fierce opposition, no matter how careful and gradual they are with it. Fans have been angry about the price of football for decades now, and these greedy leeches are doing everything in their power to try and squeeze more out of it. It won't happen
@@darthpepe2994 the backlash was predominantly British, the Spanish and Italians wanted it, especially since the difference in wealth between British and Continental Clubs is only growing. And with Barça, Juventus, and Inter fans not wanting their clubs to fade in relevance nor allow the EPL to become a super league in it if it itself (arguably the EPL is a Super League) then yes, i still think a European Tier/Division will happen.
@@fernandoalvarez9613 and yet you'd need the British clubs to achieve this league. As you have acknowledged yourself the English League is the most powerful, and English fans are 100% against it. For 2 reasons; we take our football traditions seriously. Obviously more seriously than the Spanish and Italians do. And the other reason is our disdain and disgust with how our league has become as financially dominant as it has become; they're ripping us off and leeching off of our passion for our clubs. If Italian and Spanish fans want a more level playing field how about joining the English fans in demanding less money be charged to watch our teams play, instead of further destroying football just to catch up to us. I don't want to end up having to either pay £1,000 for a ticket to 1 game or £10,000 a year to watch it on TV. Why would you?
Harry Maguire alone is easily worth over £3 billion.
Well the sale seems to be dragging on for a bit which has me slightly worried the Glazers could ruin yet another window. I also worry about the potential of someone buying a minority share and keeping them in charge. Although I’m sure that would go down like a led balloon.
On the plus side, the Glazers are greedy. Which means they’re selling to the highest bidder and that could put us in range of the nation states. I think that would be perfect for us. Plus the anti-Glazer laws should work in our favour this time round 😂🤦🏾♂️.
I know that our wage bill pushes us 16% over the FFP regulations but that’s a problem we’re already starting to solve by fixing the wage bill and hopefully the new buyers come with an army of sponsors to help us circumnavigate FFP. That way we can start spending the money sooner. Things might get worse before they get better but we’re always one step closer to finally getting rid of these clowns for good! 🤡
The football equivalent of Mona Lisa ? Thats a pretty debatable statement, Real Madrid feels like a more fitting team for such statement
100% never understood this notion
United isn't top 3 in terms of what metrics are used to measure how bug a club is these days - revenue, shirt sales, European pedigree, domestic sucess, etc.
The only single metric they come 3rd in is fanbase size which means virtually nothing, just that *more* people watch their team lose week in, week out
Don't you know the universe is Anglo-centric? Lol but yeah probably have to say RM if anyone because they are realistic, pragmatic, and undeniably successful/incredible a lot of the time which is like the Mona Lisa cuz it's far from my favorite painting but it is undeniably amazing with its realism and smoothness
I feel like I have deja vu, but is this a re-upload?
Been waiting
Love United, Hate the Glazers.
De Gea loves the Glazers money
That first picture of the Glazers only shows one Glazer, Avram. The bald-headed man is not Joel Glazer, it's another board member at the club. The Athletic continually makes this mistake!
Don't think i've seen England (on it's own) on a map like that before. It looks funny, a but like a Tetris shape.
I guess i have to step in now
The fact that the Super League failed means that the Glazers are off the hook for blame. We need to remember what they tried to do and hold these gits accountable!
Aren't United in debt tho and have major renovations needed on every level of the club like training facilities and Old Trafford?
£700 million in debt aswell
Need a Liverpool one
I want to purchase it,
United went to Australia on their preseason tour. This isn’t even accurate. And Ratcliffe has already stated he is focusing on Nice.
I can't wait until they are gone but I worry the club will find itself be embroiled in other issues with new ownership
Macro economic outlook is bleak too.
Glazer's ManUtd purchase was the example of capitalism & Wall Street greed. Highly leveraged, squeezing out on regular basis and expect huge investment return when things seems to be over. Whoever take care of ManUtd next would need further significant investment in stadium, training ground, squad rebuild and a benemoth amount of debt left by Glazer themself. In no sensible way, buying ManUtd is a good investment beside "huge fanbase", which is a very vague idea & hard to quantify. What a terrible & evil way of doing business, I hope the worst for Glazers
the dollar is very strong against the pound right now
Chelsea didn’t have debt though when they were sold
Ive never been so early on a video
Same same
Very ironic that the football finance expert in a video about Man Utd is named Maguire
Didn't you already make this video?
So who is leading the race to be the new owner?
People call them greedy
But these are just business men
If I have a company, what’s wrong in chasing more money
5 times revenue is more than fair. Most companies go for 5 times net profit.
Revenue is more than net profit, so your statement makes zero sense unless it's sarcastic.
@@MrSiddharthaSaha yeah you can have like 200M of revenue and still have no net profit at all.
@@MrSiddharthaSaha Well said, the average is 5/6 x operating Profit after add backs called Ebitda exercise however with some companies that goes out of the window if wanted by rich deep pockets.
3:50 how is maguire worth 4 billion??
Can you make a video why Chelsea signed so many useless players over the summer and then sacked Tuchel
Remember the name Vivek Ranadive.
About time!
Glazers out!
Glazers should have saved the Tampa Bay Mutiny
Both Liverpool and United are selling after chelsea was sold for 4 billion so the owners know they should get more
No mention of the fact that the business is sustained by debt and that the cost of borrowing is currently increasing?
Debt on the club is from the original purchase of club, with the exception of the last transfer window.
United is the only football club to pay out dividends to it's owners (about 33m a year) which could have been put into paying down debt.
Presumably next owner will be more typical, not take dividends and maybe even [holds breath] invest their own money in the club, again like typical owners.
I mean if it's not fan owned there should be at least some silver lining to private ownership
@@ronanfitzpatrick1261 it was my understanding that the club has steadily taken on more debt over time. Perhaps this was feasible in a low-interest environment when the business was growing, both of which seem to have come to an end for the timebeing. I suspect this is a major factor behind the Glazers' decision to sell.
I'm a United fan and I hope we end up with owners that make a net contribution to the club's finances rather than taking money out. But if we get another group who view it as a business then that won't be the case.
@@davec3974 No, it's more that the debt has been growing from what I've read, rather than additional loans for new stuff. Could be wrong but I think that's the situation based on what journalists & financial analysts have said in the past.
Last window was noticeable as transfer required a loan
@@ronanfitzpatrick1261 okay, got it. Then I suppose the plausibility of my theory depends on whether the interest on the loan used to purchase the club is fixed or variable. That said, high interest will also limit their ability to renovate / expand Old Trafford through debt, and such works are becoming increasingly essential. So I think it may be a factor to some degree.
Perhaps whoever buys this club can renovate it and buy some updated gym equipments
The premier league is gonna be named the habibi league soon enough
Man Utd requires investment in infrastructure which would mean the owners would have to pay from their own pocket, so they're selling up.
I would love Kuwait buying Man Utd. And Dubai buying another Prem league club.
The 4 horse oil race would be amazing
Said Maguire 😂😂
Have they considered just selling the naming rights for Harry McGuire's forehead?
The channel should have put double quotations on"for sale" cus there is no news on this happenstance.
The glazers announced the club was for sale themselves.
@@danielberry4765 not saying that's a lie. Just that there are no developments.
If the Super League went ahead they would not sell.
They want a guaranteed money maker because they can't genuinely run a competitive business.
Americans
Perhaps Kuwait might have a go at United.
Exactly my thought, which ridiculously rich gulf club doesn't own a trophy club yet? Kuwait, Bahrain, Oman?
@@afanasymarinov2236 Oman is not as rich as the others.
No chance for asian ownership? Rich singaporean or Hong Kong, or a consortium out of the east? Considering the popularity of United over there, and the rising middle class in the countries?
I'd much prefer that than it to be owned by a regime tbh. Don't know of many Asian billionaire United fans but only takes one I suppose
Last Asian tycoon to do that was former Thai PM . He bought Man City
Actually, Arab countries are in Asia.
Asian investors (outside Arabs) have more interested in technology, healthcare and financial than sports.
@@marcelanoryadi9110 that's true. Thai ex PM. But when he lose power in his country, he lose his money too
@@marcelanoryadi9110 How about the Leicester owner? A concortium headed by someone of his ilk, in that he is loved by most leicester fans would be a good deal.
Tata group from India should buy it
lol. It will be worse than Glazers
"The mona lisa of football clubs..."
More like The Alley of Broken Dreams
People still saying Liverpool or Chelsea are big clubs, look at Man Utd they are a gaint in marketing and value. Almost double the cost!
Both have been more successful than Man U in the last few years. They are investments on the rise unlike Man U who have declined since Fergie.
@@mnm1273 Fan base and name reputation matters in business. Look at when 3 teams on tour, Man Utd getting the most visitors too over the years, results dont matter much these days. Value of the club (also history) is still there. If Real Madrid win nothing for 10 years, they are still freaking big and valuable.
@@iam_nick So Man U is slightly more valuable than Chelsea and on the same scale as Liverpool. Because success matters in cultivating your glory hunter fanbase but you had a lot a while ago. That's my point.
"The Glazers were left wondering where the growth would come from".
It's a football club, mate. Invest in the team and the coach, improve the stadium, play good football and win things.
If Americans can't understand this, they should stay out of our game.
FC United of Manchester, formed as a protest of this sale, outlive the Glazers owning United
Football will slowly become the mean of corporate rivalry.
Can someone explain why the fans even want the glazers out? They’ve been spending 100 of millions of pounds EVERY season. What do they want, a BILLION?
Not the brightest are you Mitchell
As they are leeches that don't care about the club
But 12 yrs old Ronaldo fanboys will tell you it was because of his interview. lmao. 😭😭😭
??
12yo missed out his heydays.
To my observation, it's mostly some crazy Arabs or Pakistanis who acted like little boys on the whole Messi/Ronaldo, Barca/Real thing. Not even Spaniards, Argentinians or Portuguese people.
As an American I would prefer that United are acquired by one of England's oligarchs.
or maybe arab owner to buy man united
@@hugoumero9723 That would be the worst possible option.
My outside bet is Disney. Bob Iger likes an accusation & think of the content / story telling that could come out of United.
It's fine for Chelsea, Man City and Newcastle to be owned by middle eastern states because they were never institutions with the pedigree of a Man Utd, Liverpool or Arsenal. These clubs are a part of England's history and should ideally be owned by an Englishman and represent the country's culture and fabric. Judging by my experience of British people, the owners may be slightly inept or lack the ruthlessness of a Qatar but a country should hold onto it's greatest institutions.
Ratcliffe naaah we need oil money
I strongly believe it will be Arab owners the glazers at the moment are in the Middle East it’s not possible they will have 0 interest I get a feeling it will be rich owners coming
Why can you not raise ticket prices? I mean EVERYTHING in the world is becoming more expensive, I'd honestly be surprised if the prizes of tickets didn't raise...Sure nobody wants that but I am positive supports understand...
Because income from ticket is not enough. Pandemic make every club running without income. Even the club with good balance, have to dig their own wallet. If they don't have money, they have to takes loan and it makes them in deep debts
If you think fans would “understand” ticket price increases because of inflation under the Glazers you are not keeping up.
I guess if the video was called why man United shouldn’t be for sale it be 20 seconds
What would be the cost of expanding OT and bringing it up to modern standards?
Are we talking about renovating it as is or upgrading the seating capacity as well?
@@changereception7750 Renovation and expansion.
@@paulpalmer6636 i think from memory they needed 250 million pounds 3 years ago. I'd assume that figure would be more now. It would have renovated and expanded stadium to 82,000 seats.
@@paulpalmer6636 the 250m pounds is an old estimate for a revamp, a recent article suggests Old Trafford needs a rebuild and would cost 1.5b pounds to be on par with the best stadiums in the country/ world.
Are they for sale though?
That's just one option.
Let's not get optimistic just yet.
The glazers announced the club is for sale. 😂
Lemme seeeee greed, greed, and I think greed has something to do with it
Why Spurs aren't for sale?
If this is a serious question, it's because their ownership of their shiny new stadium is a massive driver of revenue, and current ownership would be insane to hand that off to anybody else.
@@sportsjefe absolutely hate enic and levy. Absolute cvnts. And yeah that was a joke. These parasites are never leaving
They just build a new stadium
England for sale to the oilers. Gotta love it.
What the heck?
Manchester United up for sale?
What is going to happen if they loose more than they make each year?
"Why Man Utd are for sale"
Because it doesn't do to be against your own town? Also: place-names should be capitalised!
Because the fans deserves it