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Latest Takeover Rumour. The Moores / Noell one

Are you For or Against the idea of the possible Moores / Noell takeover ?

  • Total voters
    731
  • Poll closed .
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ijjysmith said:
It's a Baseball thing mate.

Basically a team (Oakland Athletics...but crap and poor like Everton) changed their entire approach to the game using stats rather than star players and the like and went on a massive like 18 game winning steak or something.

Then they went crap again.

There's a great movie with Brad Pitt all about it pal. Watch it. It's good.
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Yes mate ive seen that movie...Im just wondering do some automatically think that if we are being sold to the Yanks they'll go Moneyball on us? A bit ridiculous if thats so.
 
The Esk said:
Of course the current Board have leveraged off the assets the club once owned. Everything the club has owned has either been sold, out-sourced or used as security against debt - this Board are experts at the leverage game.

The danger is that new owners leverage their purchase against future income, thereby denying the club the opportunity to invest all its income in the development of the squad, stadium, academy and commercial activities.

United have succeeded despite their debt - they've spent over £700 million on debt repayments but still owe £411 million. How much more success would they have had as a club (and added to their net asset value) had they not had such a debt burden.

Perish the thought that Everton end up even in a "light" version of United's business model.
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Well, playing devil's advocate here, if the new owners were able to approach anything like the increase in commercial income that United have, I'd be happy for them to siphon a bit off to compensate them for the purchase. United basically have unlimited money, and most of that is the deals they've negotiated since the Glazers came on board. I don't think lack of money is the reason they are way off what they used to be, no amount of money will let you avoid the consequences of poor decision making when it comes to personnel.
 
mlyons said:
You could also argue that United wouldn't have seen the explosive growth in commercial revenue they've had since the Glazers took over if they hadn't had such business-savvy owners.
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You could argue that but it would be wrong to credit the Glazers. The credit goes almost entirely to David Gill who was appointed by Jim O'Neil when McManus and Magnier were the largest shareholders. His commercial acumen combined with Ferguson's achievements on the pitch created the value in Manchester United not the ownership structure.

Indeed the ownership structure caused United several problems over the years where they nearly were in breach of several lending covenants.

I have no doubt that Manchester United and their fans have paid an enormous price for the Glazer's ownership. Their continued success was despite the Glazers, not because of.

With regards to Everton, I do not see a David Gill or Sir Alex to ensure something similar should any acquisition be similarly leveraged.
 

The Esk said:
You could argue that but it would be wrong to credit the Glazers. The credit goes almost entirely to David Gill who was appointed by Jim O'Neil when McManus and Magnier were the largest shareholders. His commercial acumen combined with Ferguson's achievements on the pitch created the value in Manchester United not the ownership structure.

Indeed the ownership structure caused United several problems over the years where they nearly were in breach of several lending covenants.

I have no doubt that Manchester United and their fans have paid an enormous price for the Glazer's ownership. Their continued success was despite the Glazers, not because of.

With regards to Everton, I do not see a David Gill or Sir Alex to ensure something similar should any acquisition be similarly leveraged.
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But we have Robert Elstone... surely thats be... no i can't even begin to talk through my backside.
 
markmarkmark said:
Are we being taken over or not? 225 pages of hot air by the looks of it.
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Tough to say mate, however they do have 6 weeks exclusive access to look over the books so it's a bit silly to expect everything to happen at once. If something happens it will hopefully be good for the club but until then, we just have to wait and see. Not worth worrying about until it's done and dusted and we have their proposal in front of us.
 
Kiwi said:
Tough to say mate, however they do have 6 weeks exclusive access to look over the books so it's a bit silly to expect everything to happen at once. If something happens it will hopefully be good for the club but until then, we just have to wait and see. Not worth worrying about until it's done and dusted and we have their proposal in front of us.
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Do the 6 weeks not end this week?
 

kithnou said:
Pretty sure I read in here before Christmas about that. Or am I thinking something else?
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Idk. But we're about a month on from the start date of the thread which was opened when the news broke, so if the news and exclusivity were at similar times, they still have a week and a bit to go of that period.
 

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