The Coach Posted April 20, 2021 Report Share Posted April 20, 2021 Manchester United now leaving Link to comment Share on other sites More sharing options...
One Team Posted April 20, 2021 Report Share Posted April 20, 2021 Rumours Man Utd chairman has resigned. Link to comment Share on other sites More sharing options...
Davefevs Posted April 20, 2021 Report Share Posted April 20, 2021 14 minutes ago, Coppello said: This is fantastic and it shows that the voices of fans can still be heard. Those leading the project are going to lose a lot of money. As someone mentioned, surely the position of all owners and Chief Executives are pretty much untenable. They’ve shown their hand and it’s clear that they care little about the views of fans. And players too? Link to comment Share on other sites More sharing options...
LondonBristolian Posted April 20, 2021 Report Share Posted April 20, 2021 1 minute ago, Davefevs said: And players too? Yeah - sounds like Chelsea players are a huge part of this. Link to comment Share on other sites More sharing options...
Harry Posted April 20, 2021 Report Share Posted April 20, 2021 26 minutes ago, Olé said: The loan IS the funding, which will be covered by securing TV and sponsorship contracts (which don't yet exist, because the league doesn't yet either). JP Morgan have agreed to put up the lending to be paid back over 23 years, with the league paying €264m a year which includes about 2-3% interest. The league has created a new company in Spain that the clubs jointly own, which is liable for the debt but will own the future media/sponsorship rights. A private banking / asset management firm in Spain used by Florentino Pérez appears to be coordinating this all for the league: http://keycapital.com/en/ There doesn't need to be "someone" (i.e. a private equity investor) as JP Morgan provides debt (lower cost funding), guaranteed on future TV rights etc. Contrast if there were some private investors (which I think is what you're asking), they'd effectively own a big share of the league and extract that profit. I guess what I’m trying to get at is that JP Morgan wouldn’t have put up the loan without some kind of business plan as to how the money was going to come back. So there must be at least the semblance of an initial agreement with a tv/streaming company and some kind of projected numbers. So I’m trying to work out who/what is going to pay the billions. Some have suggested Amazon streaming or Netflix type service. I’d been keen to know which companies were dumb enough to say they’ll help launch this. It’s obviously not Sky or Bein. I haven’t heard anything from BT Sport? Just thinking that whoever it is, perhaps fans would like to voice their displeasure toward those particular co’s. The promise of the money being repaid to JP must’ve been in some kind of business plan somewhere. Who is it? What tv channel? Who was gonna host the shows? Who was gonna commentate? All of them need calling out and told what we think about them. Link to comment Share on other sites More sharing options...
Bris Red Posted April 20, 2021 Report Share Posted April 20, 2021 Woodward has resigned from United by all accounts.. Link to comment Share on other sites More sharing options...
LondonBristolian Posted April 20, 2021 Report Share Posted April 20, 2021 43 minutes ago, Super said: United wont be going anywhere considering the involvment of Woodward and Glazer. Ridiculous how this has escalated within three quarters of an hour... Link to comment Share on other sites More sharing options...
The Coach Posted April 20, 2021 Report Share Posted April 20, 2021 4 minutes ago, One Team said: Rumours Man Utd chairman has resigned. Woodward has resigned I am hearing Link to comment Share on other sites More sharing options...
WessexPest Posted April 20, 2021 Report Share Posted April 20, 2021 Glad it’s all falling apart, but the greedy clubs who signed up to this should not be let off the hook. The various football authorities need to absolutely hammer them, otherwise something like this will inevitably be attempted again in the future. Remember when Barca didn’t have a shirt sponsor because “no company could pay us enough to sully our shirts”? They quickly clicked through the gears and whored themselves out didn’t they. Scummy clubs, every single one of them. Link to comment Share on other sites More sharing options...
Loderingo Posted April 20, 2021 Report Share Posted April 20, 2021 I am enjoying this so much. Link to comment Share on other sites More sharing options...
One Team Posted April 20, 2021 Report Share Posted April 20, 2021 Once this has fallen apart I hope we don’t let any of these clubs forget it. I hope we get one of them in the cup next year that’s for sure! Link to comment Share on other sites More sharing options...
ExiledAjax Posted April 20, 2021 Report Share Posted April 20, 2021 Can we get their U23 teams out of the EFL Trophy whilst we're at it? Link to comment Share on other sites More sharing options...
BUTOR Posted April 20, 2021 Report Share Posted April 20, 2021 3 minutes ago, WessexPest said: Glad it’s all falling apart, but the greedy clubs who signed up to this should not be let off the hook. The various football authorities need to absolutely hammer them, otherwise something like this will inevitably be attempted again in the future. Remember when Barca didn’t have a shirt sponsor because “no company could pay us enough to sully our shirts”? They quickly clicked through the gears and whored themselves out didn’t they. Scummy clubs, every single one of them. Is it falling apart? Link to comment Share on other sites More sharing options...
LondonBristolian Posted April 20, 2021 Report Share Posted April 20, 2021 Just now, Bouncearoundtheground said: Is it falling apart? Looks like five out of 12 clubs have pulled out or are about to do so... Link to comment Share on other sites More sharing options...
Super Posted April 20, 2021 Report Share Posted April 20, 2021 Dead in the water. Hilarious. Link to comment Share on other sites More sharing options...
RUSSEL85 Posted April 20, 2021 Report Share Posted April 20, 2021 Hearing Liverpool out too! Link to comment Share on other sites More sharing options...
cityexile Posted April 20, 2021 Report Share Posted April 20, 2021 Andrea Agnelli resigns as President of Juventus. Its quite stunning how this is all imploding. Link to comment Share on other sites More sharing options...
LondonBristolian Posted April 20, 2021 Report Share Posted April 20, 2021 Massively enjoying the fact that Liverpool, who make a big show of their principles, and Arsenal and Spurs, who never win anything, are the last remaining bastions of the supposed “elite” and have been caught out by Chelsea and Man City developing a set of principles before they did... Link to comment Share on other sites More sharing options...
Gazred Posted April 20, 2021 Report Share Posted April 20, 2021 Not totally read up on it but do we now push to get something like the German ownership model set up to prevent anything like this (and crappy owners) ever happening again? Link to comment Share on other sites More sharing options...
Super Posted April 20, 2021 Report Share Posted April 20, 2021 enjoying the Super League’s new knockout format.... Link to comment Share on other sites More sharing options...
Crackers Corner Posted April 20, 2021 Report Share Posted April 20, 2021 Could the 6th richest club step in now to save the esl? Link to comment Share on other sites More sharing options...
Super Posted April 20, 2021 Report Share Posted April 20, 2021 Just now, LondonBristolian said: Massively enjoying the fact that Liverpool, who make a big show of their principles, and Arsenal and Spurs, who never win anything, are the last remaining bastions of the supposed “elite” and have been caught out by Chelsea and Man City developing a set of principles before they did... They are all as bad as each other tbh. Link to comment Share on other sites More sharing options...
E.G.Red Posted April 20, 2021 Report Share Posted April 20, 2021 12 minutes ago, Redpool said: Woodward has resigned I am hearing At end of 2021 (not sure if that is Season or year) Link to comment Share on other sites More sharing options...
downendcity Posted April 20, 2021 Report Share Posted April 20, 2021 1 minute ago, E.G.Red said: At end of 2021 (not sure if that is Season or year) No, it’s just after twenty past eight this evening! Link to comment Share on other sites More sharing options...
LondonBristolian Posted April 20, 2021 Report Share Posted April 20, 2021 4 minutes ago, Super said: They are all as bad as each other tbh. Well, yeah, but at least Chelsea and Man City don't make a pretence of having principles and being more fan-orientated than other clubs... Link to comment Share on other sites More sharing options...
LondonBristolian Posted April 20, 2021 Report Share Posted April 20, 2021 Rumours mounting that Arsenal plan to remain as the sole remaining member so they can actually win a trophy... Link to comment Share on other sites More sharing options...
RUSSEL85 Posted April 20, 2021 Report Share Posted April 20, 2021 1 minute ago, LondonBristolian said: Rumours mounting that Arsenal plan to remain as the sole remaining member so they can actually win a trophy... Still come 2nd Link to comment Share on other sites More sharing options...
The Coach Posted April 20, 2021 Report Share Posted April 20, 2021 ALL 6 Premier League clubs have now reportedly LEFT the Super League. Link to comment Share on other sites More sharing options...
LondonBristolian Posted April 20, 2021 Report Share Posted April 20, 2021 This is a great Tweet. I think people assume people in positions of power and authority are acting with far more certainty and calculation than is really the case... Link to comment Share on other sites More sharing options...
BigTone Posted April 20, 2021 Report Share Posted April 20, 2021 So on to tonight's game folks. Top of the ESL highflyers Real Madrid A are up against Real Madrid B who remain rock bottom of the 2 team table. This is the 92nd time that they have met this season but this promises to be a close one. Madrid A are managed by that manager of perfection Vince McMahon while Hoo Flung Dung tries to rally his Madrid B troops. Link to comment Share on other sites More sharing options...
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