Green And Gold Till The Club Is Sold..!

[fredrian.seven]

Rooney Dijadikan 'Alat' untuk Tekan Glazer
Rossi Finza Noor - detiksport
Kamis, 21/10/2010 00:36 WIB

Manchester - Kabar bakal dilepasnya Wayne Rooney membuat kelompok suporter fanatik Manchester United, Red Knights, ikut berkomentar. Mereka menggunakan kabar ini untuk menekan Keluarga Glazer selaku pemilik kub.

Bukan rahasia apabila Red Knights telah beberapa kali berusaha menawar United untuk dijual kepada mereka. Namun, sejauh ini usaha mereka selalu mentok. Keluarga Glazer selalu mengatakan not for sale atas status 'Setan Merah'.

Maka, kala kabar Rooney bakal hengkang mencuat, Red Knights kembali bereaksi. Mereka menyebut, inilah saatnya Glazer menjual klub. Apalagi, tanpa Rooney, harga United mestinya lebih murah.

Tahun 2005, Glazer membeli Red Devils dengan harga 790 juta poundsterling dan Red Knights sempat menawar dengan harga 1 miliar pounds.

"Kami senang melihat harganya kini memihak kami. Seperti keyakinan kami bahwa nilai klub kurang dari 1 miliar pounds," ujar salah seorang anggota Red Knights kepada Sky Sports.

Di tangan Glazer, utang MU membumbung tinggi, dan kabar terakhir menyebut utang itu mencapai angka US$ 832 juta (Rp 7,563 T). Masalah utang ini juga yang membuat Glazer ditekan untuk segera melepaskan kepemilikannya.

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Kesempatan... kesempatan...

[otonk reddevilz]

Beritanya udah lama sih..sorry kalo repost.silahkan di remove mod..
weekend ini akan ada gerakan long march LUHG

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"United Against Glazer" march on 30th October
Monday, 18 October 2010
Too often football supporters in England believe they are powerless against the financial exploitation of our game and our clubs.

I do not believe this. In fact I believe that pressure is mounting on the Glazers and other carpetbaggers looking to personally profit at the expense of fans. I also believe that the Glazers have only delayed taking their £95m dividend "entitlement" because of their fears about how supporters would react....

Ticket sales are weak, the waiting list is gone, Gill et al fear more supporters making the tough decision to abandon their season tickets in the future. We know from sources inside the club that during the height of the green and gold campaign the hierachy were extremely worried about damage to the "brand" in the eyes of potential sponsors (note, not the club, the "brand").

Keeping this pressure up is important, so I would encourage all United supporters who can attend to join the:



"UNITED AGAINST GLAZER - MARCH TO OLD TRAFFORD"

On 30th October (before the Spurs match) from 3.30pm

Whether you have given up your ticket or still go to games, turn out and show the world what United supporters think of our owners. As the organisers say:

"There are only two sides to this fight"

Details are available at http://www.unitedagainstglazer.org.uk/

Rute Long March

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Ada yang mau ikut..

from http://andersred.blogspot.com/2010/1...h-on-30th.html

[fredrian.seven]

Foto-foto long march LUHG kemaren...

Aku copy sebagian aja coz masih agak banyak. Lengkapnya di...

http://www.stretfordendarising.com/forum/viewtopic.php?f=1&t=1038

[f3bry]

Sepertinya keluarga Glazer mulai merasakan dampak besarnya beban Bunga yg mereka harus tanggung saat membeli UNITED. Laporan keuangan UNITED terbaru menyebutkan tahun ini mereka(dan juga UNITED) harus menanggung setidaknya £40 juta untuk membayar beban bunga pinjaman, baik itu kepada pihak bank maupun beban bunga surat berharga....

The telegraph
Glazers family set to pay off £220m in high-interest loans borrowed to fund purchase of Manchester United

?
By Paul Kelso, Chief Sports Reporter

Last Updated: 11:58PM GMT 15/11/2010

The Glazer family, who own Manchester United, are set to pay off £220million of their high-interest PIK loans.

The Glazer family is understood to be preparing to pay off around £220 million in high-interest 'payment-in-kind’ loans borrowed to fund the purchase of Manchester United.

In a letter to the holders of the loans, Joel Glazer is understood to have committed to pay off the loans on Nov 22. It is unclear how the Glazers have raised the funds to pay off the loans but according to Bloomberg, which revealed the loan repayment last night, club funds will not be used.

In a document known as a voluntary free-payment notice issued to the holders of the loans Manchester United’s holding company Red Football Joint Venture Limited commit to “repay 100 per cent from the outstanding loan on Nov 22”.

“I can’t speak for any other club but the United fans should not be concerned,” United chief executive David Gill said last night.

“We have a long-term financing structure in place, excellent revenues that are growing, we are controlling our costs and we can afford the interest on our long-term finance.”

The repayment of the loans in full raises the possibility that the Glazers may have sold a stake in the club to ease the debt burden.

Alternatively they could have refinanced the loans or sold other family assets to raise the money.

United are due to publish their results for the last quarter to bond holders today and they are likely to be asked to address the issue in a conference calls with investors.

There have been suggestions in recent weeks that the Glazers were troubled by the implications of the sale of Liverpool for a valuation of just £300million.

Even allowing for the distressed nature of the Liverpool sale to NESV the sale indicated that United may be less worth than the £1 billion plus valuation the family have always put on it.

In that context selling a minority stake to ease the PIK burden while retaining control might appear an attractive option.

The payment-in-kind loans, which have been accruing interest at up to 16.5 per cent since the Glazers bought the club in 2005, have been one of the principal causes of concern among supporters opposed to the Americans’ ownership of United.

There has been long-standing concern among supporters that the Glazers would raid the club’s reserves to pay off the PIK loans.

Under the terms of a bond issue that refinanced around £500?million of bank debts secured against the club at the time of the Glazer takeover, the family were permitted to take out up to £100?million as a dividend in the first year of the bond.

Announcing the club’s annual financial results last month the club revealed that the Glazers had taken no such dividend and that the club had cash reserves of around £150million.

Despite concern that those reserves would be raided to ease the PIK burden the Glazers appear to have found other resources to pay off the debts. It is unclear how the Glazers have funded the repayment of the PIK loans.

By paying off the most expensive debt incurred during the takeover the Glazers will hope to change the terms of the debate over their model and the viability of the club going forward.

Last month United reported losses of £83.6 million, with more than £40 million attributable to interest payments on the £500 million bond issue, and accrued interest on the PIK loans

Okey saya melihat kalau memang benar ini terwujud, UNITED akan mendapatkan tambahan dana lewat penghematan beban bunga yg harus dibayar. itu artinya pada transfer window januari SAF akan mendapatkan kucuran dana segar untuk belanja pemain

Akan tetapi disisi yg lain, kita msh belunm mengetahui dari mana pastinya Glazer mendapat dana begitu besar untuk membayar hutangnya,,,, Yaaa saya berharap dana itu bukan dari penjualan salah satu Bintang Manchester UNITED ataupun asset2 berharga club yg lain seperti OLD TRafford

[fredrian.seven]

Known unknowns and unknown unknowns
Monday, 15 November 2010 - andersred.blogspot

This evening Bloomberg's Tariq Panja has broken a story that Red Football Joint Venture Ltd (the parent company that issued the famous Payment In Kind loans) is to redeem all £220m of the PIKs on 22nd November. Perhaps more importantly, Bloomberg report that none of the funds to redeem the PIKs will come from Manchester United.

As has been well documented, under the terms of the bond issue, the Glazers can take £95m from the club whenever they wish. The fact that they are NOT using this dividend entitlement to repay the PIKs raises the obvious question; where is this money coming from?

There seem to me to be three main possibilities (and probably a few dozen less likely ones):

1. Refinancing
The PIKs are being refinanced with a new form of debt, secured (as the PIKs are) on RFJV's shares in Red Football Ltd. If this was the case, it would be reasonable to suppose that the interest rate on this new debt was lower than the 16.25% currently being paid on the PIKs. The question would remain as to how this debt would be repaid in the long-term and whether the burden of this repayment would fall on the football club.

2. Sale of an equity stake
The Glazers have sold a stake in Red Football Limited to a third party outside investor and are using all or some of the proceeds to repay the PIKs. The consequences of this would obviously be hugely uncertain. Who could this investor be? What stake would they own? How would their ownership impact the running of the club?

3. Sale of other assets
The Glazers have secured significant sums from another source, perhaps by selling assets. I find this incredibly unlikely as the only asset valuable enough is the Tampa Bay Buccaneers. The fact that redemption notices for the PIKs have already been issued suggests the funding is already in place which does not tally with a sale of the NFL franchise.

As someone who has repeatedly and vehemently stated that the club's money would be used to repay the PIKs, I can only eat humble pie at this point. Another source has clearly been found and that means I was wrong. I do believe however that until we have concrete answers about the source of this £220m it is best to reserve judgement about what this means for United.

Tomorrow (Tuesday 16th November) Red Football Limited announces its results for the three months to September 30th. These results may cast more light on what is going on, but there is a good chance that no further information will be forthcoming as the PIKs are held by the parent company that is not reporting its figures. I will be blogging about the figures tomorrow.

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Dari blog andersred... Jadi darimana uang yang akan digunakan buat bayar utang? Jangan-jangan gali lobang tutup lobang . Ngutang dari yang laen buat mbayar utang yang ada.

[yoshiharu_kubo10]

@ fredrian.seven: ga apa-apa gali lobang tutup lobang, bro...supaya tambah serius kita dukungnya...karena mirip dengan negeri kita tercinta......hmmmph...

...

[fredrian.seven]

Udah lama nggak ada berita di thread ini... mo di update dikit. Mungkin nggak terkait langsung sama green and gold tapi berhubungan langsung sama "sold". Aku pribadi berharap transfer ini bakal segera terwujud. Moga glazer mau ngejual apalagi setelah ada berita pemasukan merchandise United sangat terpukul karena aksi LUHG.

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Qatari royal family will ride anti-Glazer wave to force through takeover of Manchester United
By Ian Ladyman - 24th February 2011

The Glazer family would have us believe that their years of ownership at Manchester United have been defined by trophies. Eight have arrived since the Americans bought the club in 2005. United supporters, however, would talk more in terms of parsimony, secrecy and silence.

As the Qatar royal family prepare to test the strength of the Glazers' resolve with a fresh bid of £1.5billion for the club, it would appear that they are being driven by a different agenda; by one thing the Americans never even considered. A desire to be popular.

United's followers detest the aggressive way in which the Americans took the club into private ownership. They detest the debt. They detest the jacked-up ticket prices.

Just as much, though, the rank and file of Old Trafford loathe the Glazers for their failure to acknowledge they even exist; for the fact they have always seen United followers as a simple source of cash. This refusal to communicate has alienated United followers as much as anything.

In Qatar, we are told, things would be done differently. The Glazers never needed popularity. They needed an investment vehicle and a way to make money. If they sell to Qatar, the return on their investment will be enormous.

To the Emirate states, however, popularity is everything. Dubai, Abu Dhabi and Qatar all have European Tour golf events. The first two have Formula One circuits and Qatar is about to build one.

Qatar have secured a World Cup, a shirt deal with Barcelona and persuaded United manager Sir Alex Ferguson and Barcelona coach Pep Guardiola to endorse them as a serious base for sport.

If Qatar manage to obtain the world's most famous football club then one thing is for sure. It won't be done quietly. Indications are that the ruling Al Thani family would embrace the green and gold campaign that so illuminated the anti-Glazer feeling last season.

They would involve their supporters. It's an easy PR card to play, of course. Actually involving the self-styled 'Red Knights' in a takeover would appear to make little sense. Qatar certainly don't need the financial aid and it would only complicate matters.

But tacitly acknowledging their existence and giving a nod towards the 'Love United Hate Glazer' factions will only deepen any goodwill that may be extended to them if a bid comes to fruition.

United supporters, of course, are confused. Despite the noises coming out of the city, United continue to publicly deny that their owners would sell. They could not be more emphatic.

However, there is one simple fact to consider. If the Glazers are contemplating a sale, chief executive David Gill and his colleagues at Old Trafford would be among the last to know.

Gill has done his best to keep the club functioning during the chaotic years of Glazer. He and manager Sir Alex Ferguson have done a remarkably efficient job.

While the balance sheet has looked a mess, the trophy room has continued to fill up. The Glazers, though, are unlikely to let Gill into the loop until the moments before a sale is concluded. Why would they?

They rode straight over his toes on the way into Old Trafford and they will, in all probability, do so on the way out. The Glazers have been in this for the money from the outset.

Given the hostility that has come their way every time their private jet from Florida has touched down in Manchester, it is hard to imagine that they have enjoyed their ownership very much.

It is not hate and threats and bile that will drive the Americans out of Stretford, though. They have long since disregarded that. No, it is money. In Qatar, there is plenty of that. It depends now on just how much they are prepared to offer.

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Qatari royal family in £1.5bn bid to buy Manchester United from the Glazers
By Rob Davies - 23rd February 2011

The royal family of Qatar is preparing a fresh £1.5billion bid for Manchester United after the Glazers rejected an earlier offer.

A source close to the oil-rich emirate’s ruling Al Thani family confirmed that it tried to tempt the Glazers earlier this month with an offer of just over £1bn.

The bid was turned down by the Americans, who are holding out for closer to £1.8bn.

But the Al Thanis are on the verge of raising the stakes, partly motivated by rivalry with the Abu Dhabi royal family, whose wealth has transformed United’s arch-rivals Manchester City into title contenders.

Going head to head on the pitch would give the Al Thanis the opportunity to get one over on their Gulf neighbours, with the Manchester football scene offering a high-profile battleground.

Qatar is also keen to portray itself as a football-loving nation, after critics said it did not deserve to win the right to host the 2022 World Cup, because of its lack of football history.

United strenuously deny that they have received any bid from Qatar Holdings, a division of the Qatar Investment Authority, which identifies ways to make a return on the country’s oil billions.

But the source indicated the offer could be made privately, or through a separate vehicle owned by the Al Thanis.

The revived takeover talk comes with the club preparing to unveil their financial results
for the three months to the end of 2010 on Friday.

The financial presentation is expected to include a written statement by the Glazers of
their commitment to continued ownership of United.

While Qatar’s preference is a lone bid, it is also considering a Plan B that would see it go into partnership with the Red Knights, a group of wealthy United fans who put a £1bn bid for the club on ice last year.

The collective of City financiers and wealthy fans have made clear their determination to wrest control of the club from the Glazers, but do not have the funds to match the
Americans’ price tag.

A partnership would combine the billions of oil-rich Qatar with the groundswell of popular backing that the Red Knights could attract from fans.

[rondwisan]

masalahnya, news di atas seakan udah dicounter juga dengan news berikut ...
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Glazers set to confirm commitment
Soccernet, Harry Harris - February 23, 2011



Manchester United's latest financial figures will be released within days with the Glazer family expected to issue a statement ruling out any sale of the club.

The release of the figures will place greater scrutiny on the rising wage bill, and include details of a potential drop in shirt sales as a consequence of the fans' anti-Glazer protest.

It seems certain that there will be further speculation about a United takeover by Qatar Holdings, even though it has been strenuously denied that any talks have taken place over a £1.6 billion deal. The Glazers are determined to put the story to bed with a definitive statement on their position at the club in the quarterly accounts.

Results for the financial quarter ending Dec 31, 2010, will be posted, possibly on Friday, with a statement to bond holders from the USA-based owners aimed at preventing the value of the bond growing due to constant links with a big money takeover. The club's high-yield bonds have risen to record levels due to the takeover speculation.

The Glazers issued a similar statement in their quarterly accounts last May, prompted by the ill-fated Red Knights' interest in the club.

Manchester United confirmed to ESPNsoccernet that their next quarterly accounts are due out "at the end of the week or the beginning of the following week", but the club have refused to discuss the impact of Wayne Rooney's massive hike in salary and the effect it will have on those figures.

The rising wage bill and the need for Sir Alex to invest big in the transfer market may yet persuade the Glazer family to eventually consider a £1.6 billion-plus offer to sell the club.

A Manchester United spokesman said: "At the end of each quarter the figures are presented to the bond holders within 60 days, so these figures will be available before the end of February. There will be no comment on any of the figures until then."

Rooney now has a basic wage of £160,000-a-week, which would rise to close to £200,000-a-week in the latter stages of his new deal. On top of that he earns bonuses for United's success and for goals and appearances.

The latest results will be yet another indicator of the Glazer's debt rating, always a subject to raise the temperature among the fan base.

[fredrian.seven]

Wkwkwkw.... Ya moga aja glazer mau ngejual Sam.

Yang pasti musim panas ini United (seharusnya) sibuk dengan bursa transfer. Banyak posisi yang musti diperkuat. Blom lagi nego gaji beberapa pemaen seperti rio (yang sebelum rooney perpanjang kontrak merupakan pemaen dengan gaji tertinggi di United). glazer (seharusnya) butuh banyak biaya buat itu.

[bishop]

Manchester United have risked straining relations with discontented fans still further by taking the extraordinary step of suing one supporter over action he took to oppose the Glazer family’s ownership of the Old Trafford club.

Lawyers acting on behalf of the Premier League leaders have filed a writ at the High Court accusing Thomas McKenna of damaging United’s business by posting the names and addresses of 400 of its corporate clients on the internet.

United’s case states that Mr McKenna, of Greater Manchester, published the list in a campaign to stop companies renewing their membership in an attempt to put pressure on the unpopular Glazers, who took over at Old Trafford in 2005, to sell their stakes in the club.

Despite a high-profile inquiry by United, revealed by Telegraph Sport last year, the club admitted in the High Court writ that they had not identified who supplied Mr McKenna with his information.

However they are pursuing 44-year-old Mr McKenna for “losses and damages” they claim the club suffered as a result of its client information appearing on the website wewantglazerout.com, the public face of anti-Glazer group United Supporters for Change.

The writ also details that Mr McKenna was arrested by Greater Manchester Police in August last year in connection with the incident. Data relating to Manchester United’s client list was allegedly found in his possession. Telegraph Sport understands the police are not pursuing their enquiries.

However, it is not certain what United can achieve through their court action as it can be difficult to value the type of information that was leaked and therefore calculate what damage was caused. There is no value set on how much the club expects to recover if its claim is successful.

Johnno Spence, a sports marketing expert at JSC Sports, said: “It is hard to see how you can put a value on information a researcher could pick up by spending a Saturday afternoon at Old Trafford. If this information was worth hundreds of pounds I would be surprised. There is no great secret about who buys corporate boxes.”

Despite this, United are asking the courts to order an “enquiry as to the damages (including additional statutory damages) for infringement of its database”, as well as requesting that Mr McKenna deliver up or destroy all the related information he has in his possession. The club are also asking for an injunction preventing him from repeating his actions.

In April last year, the website wewantglazerout.com published the list of 400 United corporate clients. The move came as a separate body, a group of bankers collectively known as the Red Knights, was trying to put together a bid to buy the club.

A press release published on the website together with the list claimed: “With the assistance of senior employees of MUFC who oppose the Glazer family’s asset stripping of our club, we are today publishing an edited list of the more than 400 companies which have hospitality facilities at the club.”

United denied the information could have come from a senior executive, but admitted they had not identified the source of the leak.

Though United are currently leading the Premier League and seem set to clinch a record 19th title, the Glazers continue to endure fervent opposition from a significant portion of supporters and the suggestion that the club are suing one fan for publishing information on the internet is unlikely to bolster the owners’ popularity.

Red Football Joint Venture, the holding company through which the Glazer family own United, announced earlier this week that it had made a £108.9 million loss for the year ended June 30, 2010.

That figure included an £83 million loan from the club itself - revealed in October last year – as well as more than £3 million in interest fees for a PIK loan, paid off last year.

That such losses should be possible despite season-ticket prices increasing some 42 per cent since the family bought the club continues to raise doubts over United’s long-term viability. Fans are concerned the club may yet need to sell more playing assets to balance the books after both Cristiano Ronaldo and Carlos Tévez left Old Trafford in 2009.

David Gill, the club’s chief executive – who opposed the Glazer takeover, suggesting that the vast debts the family’s bid would incur were “the road to ruin” – has denied that selling players, including Wayne Rooney, would ever be necessary.

Mr McKenna declined to comment. A spokesman for Manchester United said: “We take data security very seriously therefore we saw this as something important to pursue. We believe this was an attack on private property and significant personal distress.”
Manchester United risk antagonising fans even further by suing anti-Glazer supporter