Once he owns more than 75%
he will delist them and shift the debt onto their balance sheet.
Effectively Man Yoo are paying for him to give the current shareholders a nice big pay day!
OTBC
Posted By: SimonOTBC on May 13th 2005 at 16:13:04
Message Thread
- Man U debt after Glazer deal goes through... (Other Football) - Ashton4England, May 13, 15:53:27
- I must be a bit thick (Other Football) - Winged Eel Creosote, May 13, 16:06:40
- Because Glazer is borrowing that much to buy them! (n/m) (Other Football) - KFOTW, May 13, 16:07:57
- Right - you've lost me already (Other Football) - Winged Eel Creosote, May 13, 16:11:36
- is the logic that.... (Other Football) - Tricky Hawes, May 13, 16:13:12
- Once Glazer gets 75% he passes the loan to Man U (n/m) (Other Football) - canary_wharf, May 13, 16:15:57
- Yeah but (Other Football) - Winged Eel Creosote, May 13, 16:17:22
- nah all sorts of crazy financing options (Other Football) - camcan, May 13, 16:29:07
- I sort of understand what you say (Other Football) - Winged Eel Creosote, May 13, 16:32:48
- think there's still a crazy belief that there's money in football (Other Football) - camcan, May 13, 16:37:56
- I sort of understand what you say (Other Football) - Winged Eel Creosote, May 13, 16:32:48
- It's like when one company takes over another... (Other Football) - pkdo75, May 13, 16:22:09
- It's not him personally... (Other Football) - SimonOTBC, May 13, 16:23:42
- He owns an NFL team doesn't he?? (n/m) (Other Football) - SimonOTBC, May 13, 16:18:57
- Which was my original point (Other Football) - Winged Eel Creosote, May 13, 16:21:48
- nah all sorts of crazy financing options (Other Football) - camcan, May 13, 16:29:07
- Yeah.... (Other Football) - SimonOTBC, May 13, 16:16:58
- Yeah but (Other Football) - Winged Eel Creosote, May 13, 16:17:22
- Once Glazer gets 75% he passes the loan to Man U (n/m) (Other Football) - canary_wharf, May 13, 16:15:57
- Once he owns more than 75% (Other Football) - SimonOTBC, May 13, 16:13:04
- And that's legal is it? (Other Football) - Winged Eel Creosote, May 13, 16:16:08
- this is business so if its dodgy its usually legal (n/m) (Other Football) - mr carra, May 13, 16:21:12
- I guess he borrowed it against some other asset... (Other Football) - SimonOTBC, May 13, 16:18:38
- Except that (Other Football) - Winged Eel Creosote, May 13, 16:23:01
- Yeah it would........ (Other Football) - SimonOTBC, May 13, 16:25:34
- Except that (Other Football) - Winged Eel Creosote, May 13, 16:23:01
- And that's legal is it? (Other Football) - Winged Eel Creosote, May 13, 16:16:08
- is the logic that.... (Other Football) - Tricky Hawes, May 13, 16:13:12
- Right - you've lost me already (Other Football) - Winged Eel Creosote, May 13, 16:11:36
- Because Glazer is borrowing that much to buy them! (n/m) (Other Football) - KFOTW, May 13, 16:07:57
- I was going to say I'd love to see them wind up like Leeds ... (Other Football) - Ottosson Foxtrot, May 13, 15:57:19
- can't wait (n/m) (Other Football) - Gus Poyet 26, May 13, 15:55:09
- WOW (Other Football) - Muz, May 13, 15:54:59
- All those 20k "fans" who wont be buying a season ticket next season! lol (n/m) (Other Football) - Ashton4England, May 13, 15:57:51
- I must be a bit thick (Other Football) - Winged Eel Creosote, May 13, 16:06:40
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