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Gold Trafford see's the Edwardian Era close
Former Member
Posts: 1,876,323 The Mix Honorary Guru
Manchester United have today announced that non-executive chairman, Martin Edwards has sold the majority of hos stake in the club.
Unknown Scottish Mining Millionaire Harry Dobson is believed to have snapped up the shares.
But what does this mean for the club and the fans?
Edwards has been hinting towards this since the monopolies and mergers commision rejected bskyb's take over. Indeed, Mr Edwards already gave up the Chief Executive role now occupied by Peter Kenyon.
However, the move has sent shockwaves to fan groups, particularly Shareholder's United who insist the club not be managed as a PLC. This move follows JP McManus and J Magnier gathering off a 8.6% share in the club. So just who is really incharge? what will happen to the club policies?
If Manchester United's Investors are looking for profit over on field success, future moves competing for the best players are likely to be negliable and high profile assetts such as David Beckham may be cashed in. However, until investors signal their intentions, speculation will be rife.
United in good hands or trouble at the top?
What do you think?
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spanish girl Webcams
Unknown Scottish Mining Millionaire Harry Dobson is believed to have snapped up the shares.
But what does this mean for the club and the fans?
Edwards has been hinting towards this since the monopolies and mergers commision rejected bskyb's take over. Indeed, Mr Edwards already gave up the Chief Executive role now occupied by Peter Kenyon.
However, the move has sent shockwaves to fan groups, particularly Shareholder's United who insist the club not be managed as a PLC. This move follows JP McManus and J Magnier gathering off a 8.6% share in the club. So just who is really incharge? what will happen to the club policies?
If Manchester United's Investors are looking for profit over on field success, future moves competing for the best players are likely to be negliable and high profile assetts such as David Beckham may be cashed in. However, until investors signal their intentions, speculation will be rife.
United in good hands or trouble at the top?
What do you think?
________
spanish girl Webcams
Post edited by JustV on
0
Comments
Man utd were there in the 60s relegated in the 70s (Cant be sure when) rose in the 80s Kings of the 90s.
Lets look at probably one of the biggest fallers of recent years.
Nottingham Forest. Under Brian Clough they were kings of europe before they were relegated. Now they are under control of administrators.
Are Man Utd at the start of a low period? If so how low can they go?
I dont think we'll get any richer. The whole of football is gonna get poorer, unless you're Real Madrid of course. I don't like the idea of the club been taken over by people who live in Jersey and have never been to the theatre of dreams.
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Lyiza
Who are millions in debt... <IMG SRC="rolleyes.gif" border="0" ALT="icon">
<STRONG>
As a United fan I don't care where the owners live, so long as they do the right thing for the club. Somepeople though ^^^^^ seem to think that as long as they live locally and visit OT then I doesn't matter what they do to the club.
I am also happy to see the club richer because this means better players and more domainance.
As a football fan, I recognise that this wouldn't be a good thing. To have one club totally dominant would make our league no better than the SPL, and we can all see where that is headed...
Madrid are backed by the Royal family in Spain. Debt means nothing to them, they will never go under unless the whole of football does.
The people who have invested in Manchester United recently have no interest in football. They see manchester united as "the best quality stock in an out-of-favour sector". Ie, they want money. This means the club may opt out of competing for the best players and may cash in on assetts for the good of shareholders.
Manchester United stock has suffered an alarming drop. From being valued at over a billion in 2000, to 362million in 2002. United arnt as rich as people think, but Peter Kenyon is an astute business man who knows what he's doing. I hope the power stays with him and not the Jockeys club.
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