Other forum meltdown watch
- Thread starter Woland
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It's never a good idea for our competitors to slag us off in public. Ask Pickford as well. We have a way of shoving that stuff back up their jacksies.
I’m not even going there.
Don't think I went there either.
I went to Salford Uni and their Castle Irwell student accommodation (now gone) overlooked the Manc training ground at the Priory. The houses with the best view used to be very popular for the girls to go and gawp at Bryan Robson.
Hey @Portley - Indulge a brother. Are they fucked or not? Forgive me I have no knowledge of 'leverage buyouts' - I know that those cats over at redcafe are having having kittens over the situation. It's funny watching them scramble around. I'd be lying if it wasn't a source of amusement. 🙂
Basically, you buy the asset (in this example the Mancs) in your name, essentially with your security of your own funds/net worth/assets behind you, but essentially, the asset itself pays the debt.
It’s like me saying to a bank I’m worth £1m, you live in a £100k house, lend me £100k to buy this guys house and he goes to pay the debt back with the money he makes (i.e rent) so essentially I’m making money from your house without having put a penny of my own money in. This is a really rough basic idea, someone else may be able to give you a better example or explain it better but it’s gist.
It’s like me saying to a bank I’m worth £1m, you live in a £100k house, lend me £100k to buy this guys house and he goes to pay the debt back with the money he makes (i.e rent) so essentially I’m making money from your house without having put a penny of my own money in. This is a really rough basic idea, someone else may be able to give you a better example or explain it better but it’s gist.
Yes, you take out a bridging loan from a bank, and use it to buy the shares in the target company and take it over. You then organise a "securitized loan" by mortgaging all the assets of the company, down to the last fucking paperclip. You pay off the original bridging loan with the proceeds of the securitized loan. You have therefore acquired the company for nothing. The snag is that the acquired company has to generate enough cash to pay the interest on the enormous loan. I reckon this is the situation in which United find themselves.
Sounds good to me.
I feel we are lucky with our owners, who haven't tried anything like that with Liverpool FC.
They weren't exactly going to try that shit after the last set of Yanks did that now were they?
Possibly not exactly the correct thread but this fact from the beeb stopped me cold
United are paying £45m up front, making Wan-Bissaka the club's fifth-biggest signing, behind Paul Pogba, Romelu Lukaku, Angel di Maria and Fred.
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United are paying £45m up front, making Wan-Bissaka the club's fifth-biggest signing, behind Paul Pogba, Romelu Lukaku, Angel di Maria and Fred.
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Our top 5 signings:
VVD
Becker
Keita
Fabinho
Salah
Do fuck off DB, this IS fucking hilarious
Given the season he had, his age and being English, I reckon the price is about right.
You are probably right that he’s a good player but he’ll sink in there just as Shaw and Martial have. And Zaha before them.
Yea I wouldn't be mocking the Wan Bissaka signing, Kyle walker went for similar a few years ago and I think he was probably older at the time.
Right back is a priority in that side amongst a handful of priorities so hopefully a marginal improvement overall at best.
£45m for a young RB who’s just completed his first full season, in a career spanning 18 months and started something like 46 games in total?
There were people hailing the fortune the spent on Luke Shaw in exactly the same way.
That’s a massive amount & risk on a young player with no real pedigree over more than 1 season, whichever way you look at it.
There were people hailing the fortune the spent on Luke Shaw in exactly the same way.
That’s a massive amount & risk on a young player with no real pedigree over more than 1 season, whichever way you look at it.
Here's hoping
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