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50+1 Petition

Sign?

  • Yes

    Votes: 15 45.5%

  • No

    Votes: 12 36.4%

  • Cheese on toast

    Votes: 6 18.2%
  • Total voters
    33
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trueblue84 said:
As I mentioned in another thread, how do the fans raise the money? They'd need £1bn+ to buy 51% of utd.

Even we would need to raise north of £150m.
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I believe the theory is that the shares are given for free. However the valuation of a club is purely in the shares of the 'owner' still. The fans share have no value as it were. But they have a ruling vote.
 
Tramps_mate said:
I believe the theory is that the shares are given for free. However the valuation of a club is purely in the shares of the 'owner' still. The fans share have no value as it were. But they have a ruling vote.
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Utd are a plc. What would happen to them when you go to the stock exchange and tell them their shares are now worthless, as a fan group can veto anything you try to do?

I'm not against fan ownership, I just think it is not based in reality. I know other countries have it, but that wasn't introduced when the club's were worth several billion pounds.

The sad fact is these clubs sold their souls years ago and we were all happy to go along with it. Don't punish the players or fans? We all lost that right with our complicity.
 
trueblue84 said:
As I mentioned in another thread, how do the fans raise the money? They'd need £1bn+ to buy 51% of utd.

Even we would need to raise north of £150m.
Click to expand...
There are ways of doing without making them buying their way in. For example;

Make it compulsory that a fan representative sits on the board with a veto.

That representative must be voted in annually by the various supporters clubs.

Only problem with that is, it's no longer 50+1.
 

trueblue84 said:
Utd are a plc. What would happen to them when you go to the stock exchange and tell them their shares are now worthless, as a fan group can veto anything you try to do?

I'm not against fan ownership, I just think it is not based in reality. I know other countries have it, but that wasn't introduced when the club's were worth several billion pounds.
Click to expand...
I thought the Glazers delisted it when they took the majority?

Upon reading, it was delisted in 2005, but return to the NYSE in 2012, however Glazers still own majority.
 
Quite happy with our ownership structure tbh and that too of utd/Arsenal who are happy to take money out of those clubs.

All it needs is firm governance to stop them from being greedy beeps. They already have the lions share of the income, don't spend so much/stockpile players and they'll be ok. If someone like City come along and they can't compete - sell up or get more investors onboard. Simples.
 

number4. said:
It's A solution (a very good one IMHO) but not the only route, what works in Germany (resulting in Bayern p*ssing the league every year because they are richest btw) might not apply here
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Bayern or not peeing the league just because they are the richest.

I have gone through this somewhere else on here but Bayern are dominant in Germany because they are a tremendously well run club and always have been who managed to keep a steady keel whilst the other German clubs over spent and almost went bust in the mid to late 90's.

Think about the big German clubs, Dortmund, VFB Stuttgart, Kaiserslautern, Moenchengladbach, Hamburg, Fortuna Dusseldorff, Eintracht Frankfurt, Koln etc, they all had financial issues that lead to the 50+1 rule and they are at various stages of returning back to where they were (with a few falling off completely).
 
Papa Shango said:
Bayern or not peeing the league just because they are the richest.

I have gone through this somewhere else on here but Bayern are dominant in Germany because they are a tremendously well run club and always have been who managed to keep a steady keel whilst the other German clubs over spent and almost went bust in the mid to late 90's.

Think about the big German clubs, Dortmund, VFB Stuttgart, Kaiserslautern, Moenchengladbach, Hamburg, Fortuna Dusseldorff, Eintracht Frankfurt, Koln etc, they all had financial issues that lead to the 50+1 rule and they are at various stages of returning back to where they were (with a few falling off completely).
Click to expand...

They are walking the league because they have the biggest income which allows them to buy the best players from their competitors every year

Appreciate there is a bit of chicken and egg about it
 
trueblue84 said:
Utd are a plc. What would happen to them when you go to the stock exchange and tell them their shares are now worthless, as a fan group can veto anything you try to do?

I'm not against fan ownership, I just think it is not based in reality. I know other countries have it, but that wasn't introduced when the club's were worth several billion pounds.

The sad fact is these clubs sold their souls years ago and we were all happy to go along with it. Don't punish the players or fans? We all lost that right with our complicity.
Click to expand...
If the share price is the only thing stopping this then let’s just get on with it. You invest. You take risk. Regulation is a part of that risk. Who cares what happens to the share price.
 

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