All true, but can I just point out 2 things though: the stadium developments were supposed to have been baked into the original purchase - that's what the then NESV and RSB told the High Court when Hicks had his "epic swindle" Trump fit. And it really benefits nobody except FSG if we're 'worth' $1bn or $10bn if they're not going to sell us or leverage our wealth to buy players. As you say, it's good we're not in Hicks & Gillette style debt (or our owners aren't - as we saw in 2010, that actually helped to get rid of them), but I personally am getting a little fed up of FSG's main achievement is that they're not as bad as H&G: not exactly reaching for the stars, is it?
They run sports franchises. That's what they do. They bought us on the cheap have managed 'conservatively' and benefited from the current boom in football worldwide. They don't care about football, we could be playing tiddlywinks and they wouldn't even notice. It's all about the mighty $.
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We were valued at $1bn (then @ £660m) by Forbes, shortly before the 2008 Crash. I mention that because DIC came back in with one last effort to buy the club for £500m in 2009, which would still have paid off H&G's debts and left them with a joint profit of @ £40m each), but Hicks was holding out for that $1bn from before the crash. He got exactly what he deserved, the greedy, venal ****, but it's naive of us not to realise that though FSG are not shysters like them, they're still not exactly dripping with honesty in all this.
The Glazers have milked MU for billions and left them in huge debt and a crumbling stadium, BUT - they've never wanted for players and wages. And when the Glazers go, somebody will but them, build a new stadium and pay off their debt because, like us, United are a huge, worldwide brand. I'm not saying I'd have preferred the Glazers, but I would definitely prefer less parsimonious owners than we have now, and I believe the club is big enough to be more ambitious without having the bailiffs towing the car away from the drive (that never happened to me, honest
Well, Newcastle hasn't won anything since 1955 and Chelsea finished last season in the bottom half of the table!
Ok Donga, we differ on this subject, but take this as an attempt at a meaningful debate.We were valued at $1bn (then @ £660m) by Forbes, shortly before the 2008 Crash. I mention that because DIC came back in with one last effort to buy the club for £500m in 2009, which would still have paid off H&G's debts and left them with a joint profit of @ £40m each), but Hicks was holding out for that $1bn from before the crash. He got exactly what he deserved, the greedy, venal ****, but it's naive of us not to realise that though FSG are not shysters like them, they're still not exactly dripping with honesty in all this.
The Glazers have milked MU for billions and left them in huge debt and a crumbling stadium, BUT - they've never wanted for players and wages. And when the Glazers go, somebody will but them, build a new stadium and pay off their debt because, like us, United are a huge, worldwide brand. I'm not saying I'd have preferred the Glazers, but I would definitely prefer less parsimonious owners than we have now, and I believe the club is big enough to be more ambitious without having the bailiffs towing the car away from the drive (that never happened to me, honest
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