Comments on: Man Utd’s huge debts a major worry for fans http://www.thesportreview.com/tsr/2010/01/manchester-united-debt-worry/ Independent Sports News and Opinion Wed, 08 Feb 2012 13:29:01 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Manchester Utd debt — Our bond is our word? « Sports Fans Bloggers http://www.thesportreview.com/tsr/2010/01/manchester-united-debt-worry/comment-page-1/#comment-6331 Manchester Utd debt — Our bond is our word? « Sports Fans Bloggers Mon, 18 Jan 2010 20:47:22 +0000 http://www.thesportreview.com/tsr/?p=10216#comment-6331 [...] Man Utd’s huge debts a major worry for fans [...] [...] Man Utd’s huge debts a major worry for fans [...]

]]> By: Tommy Crean http://www.thesportreview.com/tsr/2010/01/manchester-united-debt-worry/comment-page-1/#comment-6324 Tommy Crean Mon, 18 Jan 2010 14:10:15 +0000 http://www.thesportreview.com/tsr/?p=10216#comment-6324 As an Arsenal fan I hope we don't get taken over. We don't want you Stan. As an Arsenal fan I hope we don’t get taken over. We don’t want you Stan.

]]> By: Rhys http://www.thesportreview.com/tsr/2010/01/manchester-united-debt-worry/comment-page-1/#comment-6315 Rhys Sun, 17 Jan 2010 15:40:17 +0000 http://www.thesportreview.com/tsr/?p=10216#comment-6315 Thanks for the comments. I think you're right about arsenal, it would be a shame for them to lose that individuality. Thanks for the comments. I think you’re right about arsenal, it would be a shame for them to lose that individuality.

]]> By: HeComesFromSerbia http://www.thesportreview.com/tsr/2010/01/manchester-united-debt-worry/comment-page-1/#comment-6270 HeComesFromSerbia Fri, 15 Jan 2010 09:50:23 +0000 http://www.thesportreview.com/tsr/?p=10216#comment-6270 My dad is a UTD season-ticket holder. we've seen year-on-year increases time and time again. its so simple and easy to see; more and more people are jus not going to renew their season tkts. i agree with you rhys, UTD probably could sell-out to capacity EVERY week- they just need to make it more affordable. I envy Arsenal for their business model. ie let the fans have a say and some of them still have the luxury of being shareholders in their club. (although even they could eventually be taken over....Kroenke? Usmanov? Fiszman?) Football has been poisoned by businessmen. Is there a way back to the 'good old days'? "Our lives begin to end the day we become silent about things that matter." Martin Luther King My dad is a UTD season-ticket holder. we’ve seen year-on-year increases time and time again. its so simple and easy to see; more and more people are jus not going to renew their season tkts. i agree with you rhys, UTD probably could sell-out to capacity EVERY week- they just need to make it more affordable.

I envy Arsenal for their business model. ie let the fans have a say and some of them still have the luxury of being shareholders in their club. (although even they could eventually be taken over….Kroenke? Usmanov? Fiszman?)

Football has been poisoned by businessmen. Is there a way back to the ‘good old days’?

“Our lives begin to end the day we become silent about things that matter.” Martin Luther King

]]> By: Paul http://www.thesportreview.com/tsr/2010/01/manchester-united-debt-worry/comment-page-1/#comment-6240 Paul Wed, 13 Jan 2010 17:40:55 +0000 http://www.thesportreview.com/tsr/?p=10216#comment-6240 "many sceptics claiming that the plan was simply redistributing the already gargantuan levels of debt." Which is exactly what they've been doing, desperately so, since the day they took over - the ground expansion that began 2 months after their takeover initially had cash set aside for it, until they plundered that and put that expansion on credit too. “many sceptics claiming that the plan was simply redistributing the already gargantuan levels of debt.”

Which is exactly what they’ve been doing, desperately so, since the day they took over – the ground expansion that began 2 months after their takeover initially had cash set aside for it, until they plundered that and put that expansion on credit too.

]]> By: Rhys http://www.thesportreview.com/tsr/2010/01/manchester-united-debt-worry/comment-page-1/#comment-6232 Rhys Wed, 13 Jan 2010 10:38:47 +0000 http://www.thesportreview.com/tsr/?p=10216#comment-6232 Yeah, the ticketing situation is a funny one. Yes, the recession hasnt helped but the truth is they could expand the stadium to over 100,000 and sell it out most weeks if the price of a ticket was reasonable. The general sale tickets are usually snapped up when available but it's the number of season ticket holders who are giving them up which should be most concerning but of course they're not interested! As you say, as long as they are performing on the balance sheet... Yeah, the ticketing situation is a funny one. Yes, the recession hasnt helped but the truth is they could expand the stadium to over 100,000 and sell it out most weeks if the price of a ticket was reasonable. The general sale tickets are usually snapped up when available but it’s the number of season ticket holders who are giving them up which should be most concerning but of course they’re not interested!
As you say, as long as they are performing on the balance sheet…

]]> By: Thomas Crean http://www.thesportreview.com/tsr/2010/01/manchester-united-debt-worry/comment-page-1/#comment-6222 Thomas Crean Wed, 13 Jan 2010 08:26:56 +0000 http://www.thesportreview.com/tsr/?p=10216#comment-6222 I agree completely Rhys, I am sick to the teeth of fans being fleeced by these foreign owners who have only a slight interest in how well the team performs on the field. The Glazers aren't football diehards but businessmen; their only concern is how well the team performs on the balance sheet. It is an utter disgrace that they were allowed to borrow to fund their acquisition by terms of a 9-figure loan. I would also blame the economic environment for the drop in demand for tickets. A huge mistake to expand the stadium if visitors begin to fall below the full capacity mark in the long term. I agree completely Rhys, I am sick to the teeth of fans being fleeced by these foreign owners who have only a slight interest in how well the team performs on the field. The Glazers aren’t football diehards but businessmen; their only concern is how well the team performs on the balance sheet. It is an utter disgrace that they were allowed to borrow to fund their acquisition by terms of a 9-figure loan.

I would also blame the economic environment for the drop in demand for tickets. A huge mistake to expand the stadium if visitors begin to fall below the full capacity mark in the long term.

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