Is it too much to hope for a Gordon Gecko style liquidation?
Blue horseshoe loves Anacott Steel.
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I would assume it’s pretty fucked up because none of this will cut into the finance fair play stuff.
This is turn over off the pitch, feels a bit Hicks and Gillet.
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Banter aside, the comparison to what FSG accomplished in the first few years of owning LFC to what is happening at ManU is quite striking. I simply don’t recall anything like the petty cost-cutting as the finances were turned around. FSG came in with a clear capital plan, not necessarily to the satisfaction of every fan, but deployed the capital needed to cover a difficult transition without the sort of performative silliness seen at ManU.
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The Glazers have sucked out something like £800 million from ManU. They could have rebuilt OT for that.
FSG put some debt on the stadium to help rebuild, but I think every pence generated has been reinvested back into the club.
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The first (and primary) area FSG looked at was player contracts, and just getting us to a position ASAP where the players we had were worth what we were paying them (so guys like Joe Cole had to go)… you could argue that’s the one area the Glazers and INEOS seem to be ignoring completely in favour of penny-pinching everywhere else
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I love it when you talk dirty.
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I think the penny may have dropped there somewhat. See how eager they have been to move Antony and Rashford on this window (albeit on loan). Might also play into their decision over letting Garnacho leave if they get a good offer.
Still plenty draining the coffers there.
It is sort of beautiful to see them doing ‘Year 1’ stuff 12 years on.
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Spelling mistake there.
And also an error in the number.
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Have they been Michael Knightoned again? For real this time?
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Are they worth a £1 now?
Ratcliffe is laying as many off as possible… so when he puts his proposal together for the Government to fund a new stadium… he will have fleshed his recruitment drive numbers up so much, as in, creating jobs… albeit, they are the same jobs/positions, that he has just made redundant… but dressed up in an entire different way…!
It’s an outrageous lie to say we are breaking redundancy laws. Everyone we lose is gone and their position is not being replaced! Unfortunately the careteria staff were too expensive!
Anyway in other news we are now hiring Dining Exective’s to work in our cafete… er I mean dining facility.
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Yeah there is Probably an element of a billionaire pleading poverty seems common that those who have seen somewhat upset they have to pay a bit more.
Sir Jim is in over his head. His Ineos empire has more debt than you can shake a stick at. Little by little he is becoming a figure of hate at Man Utd. If he fanatasized about being a knight in shining armour, that has not happened. Not even close.
The Glazer’s are laughing their arses off. All the power. All the money. And they don’t even have to mess with the thing.
Sir Jim is their stooge and he is a fool.
£1.5B or whatever it was, and he has no real power, the ship is sinking, Amorim is not the elite coach they need and he is in over his head too, and Sir Jim is increasingly hated by the fans.
So what does the multi-billionaire do? He keeps going after the lowly workers, the hourly people, the ones on a modest wage. It’s a PR nightmare, and wrong-headed on any number of levels.
Catweazle divvy.
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