Welcome to my blog. Many of you we’ll have likely come here via my twitter page @wewantglazerout and this blog will hopefully provide yourself with information and more detail about what’s going down in the world of Manchester United, Malcolm Glazer and the supporters fight of removing the cancer of our club. I am known as ‘the tweeting carrington resident in one or two places, or the big red from South Manchester for those that know me.
For those who don’t know, Manchester United Were Brought By A Man Called Malcolm Glazer in 2005 under a heavy amount of protests. Afew years before the protests worked and the Government stopped the owner of Sky called Rupert Murdoch buying the club before Glazer came along. The first time it wasn’t about debt and until 2005 no one really knew what was too come. Manchester United Are Now In Over £700m Of Debt Thanks To Malcolm Glazer. Around £520m on the club and around another £220m and rising in their personal PIK debts. Alot of people believe the PIK debts are the Glazers debts. Well in 2010 this changed. The Bank debt the club was originally brought with was converted into bonds. This is still debt and the club still owes this money. The issue is the bank rules on what the Glazers could take out has been relaxed. The Glazers plan was to use Manchester Uniteds accounts which currently have £160m in, to pay part of this debt off but this has been delayed after the protests and to avoid any more fan backlashes. The bond rules state they could take out around £70m and use this to pay down the PIK debt. This has not yet happened. A meeting was reported on the bloomberg website between the Glazers and the 10 or so holders of the PIK debt last week which showed the only reason they weren’t going to use the clubs cash was because of a fan backlash.
First post and too much to blog about, first thing is Wayne Rooney, I’ll keep this short because we’ve heard enough about him. Some of us reds hate him and some will still love him but he either got away with it or something had been set up. Fergie didn’t let Beckham, Ruud, Stam or Keane get away with it, theres no reason why he’d let Wayne and his agent the hoover man get away with it. When I say set up, Fergie and Rooney planned this to make it known to the Glazers ‘I am this club and we can hold you to ransom.’ or it was a private plan to get funding. Why else would it be public? Fergie gets a proper transfer fund, Gill gets a story to prolong his job and Rooney gets his lifes biggest pay off. Everyones happy apart from the Glazers. They now have to watch part of their fund towards debt go towards a player and if they have allowed Fergie to spend big, its gonna be big bucks not being paid on debt. I am not the only one to have come up with that conclusion. One or two scousers I’ve spoken to agree.
David Gill, what can we say about the Man. To most hes known as Judas Gill but I’ve come up with a new one The Manchester United Information Minster. Have a watch…. The Iraqi Information Minister
For those that don’t know he doesn’t think debt is a problem at Manchester United and he thinks United can challenge Manchester City interms of money power. City are owned by a billionaire oil tycoon and have spent over £400m so far just on players. They spent £22m on Lescott and deal for Tevez could be reportedly worth £41m by the end of it. Tevez might be hated now but at the time fans were singing his name and asking for Fergie to sign him up. Why didn’t he sign, money. United just could not compete and I believe they didn’t want to be held ransom next to what City could offer. If United ever go in for a top player City will be watching and waiting to do the same thing. The Debt and City Money Bags. Were not talking about winning things simply about signing players and United were held back by Chelsea and now City. Back when Roman took over, we were in for Duff, Essien and Mikel. Mikel was a clear sign of how money and agents twist todays game. We got priced out of Duff and then Essien. Its something David Gill won’t admit because the money hes paid. Funny that. Won’t admit theres a problem with money because hes paid too much money.
Am not really a fan of FC United, my team is United and only United but I do keep an eye out too see just what they are up to. I think the best things they bring to the table is to show that fan ownership of a club is perfectly viable and the stadium development they have planned is fantastic for the City and Local Area it will stand on. I was reading they have raised just over £300k of £500k needed for donations back on the 21st Of Sempetber the day their share sheme was launched which aims to raise a total of £1.5m. If you are an FC United supporter no doubt you’ll have put paid in but if you haven’t done I’d recommend you do so. This share offer closes on the 30th of November 2010 so do it now for success. Its possible that the ground could be built for the start of 2011 if all goes well but as FC United say it can only work if enough fans put in. Link below…. Copy and paste.
The other big news story is that FC United have entered the FA Cup in the first round after beating Barrow 1:0 and will now play away against Rochdale at 3pm on the 6th Of November. This is a big if but if they do beat Rochdale to enter the second round, then beat their second round opposition, it gets tasty against the really big boys with the a possible draw against Manchester United. As I say its a massive if, but what a story that could be.
Final piece of the first blog which cannot be missed is the enemy. Liverpool, City and Leeds. Leeds got beat tonight you’ll all be pleased to know. 4:0 at home against Cardiff which leaves them 16th in the Championship. I’d say its safe to say we won’t be playing them anytime soon, shame. City well they were back to their best this weekend after Arsenal put them back in their place after a 3:0 which I can say rather enjoyed after last weeks ‘Rooney is signing for City’ Couple of pictures of idiot city fans on twitter that most of you should have seen and Liverpool, yes they won but they are still down in 18th place. They play Bolton and then Chelsea next so that could be interesting. To any City fans reading this. 35 years in February.
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