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US tour indicates the Glazers are going nowhere


If you happen to wake up each morning – as I do, hoping against hope that a surprise headline may appear stating that Qatar Holdings has announced confirmation of its purchase of Manchester United from the Glaziers, you can now forget that slim possibility completely, at least in the short term. When Sir Alex Ferguson revealed details of the second successive pre season tour of the United States in July, he was indirectly making it clear that there’s definitely no change of ownership in the wind.

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Glazers losses! Do we want them to go broke?


The immediate thought to reports that the Glazer family has lost millions from Manchester United was – Good, I hope they go broke and be forced to sell. That may admittedly be a knee jerk reaction which will have be reconsidered in time. BBC Sport has reported that “Manchester United’s parent company made a loss of £108.9m in 2009-10 according to newly released financial results. Red Football Joint Venture is the Glazer family parent company that owns the Old Trafford club. Its loss, for the year to July 2010, includes one off costs from setting up a £526m bond scheme last January to replace outstanding debts of £509m.”

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Investors decide: Glazers WILL sell United to Qatar


It’s only a matter of time according to savvy investors. Manchester United’s £250m of 8.75 percent notes due 2017 have gained 5.59 pence since February 8 amid media speculation that the club is in talks with Qatar Holding for a sale. The Arabian Business.com website reported today that “Bonds of Manchester United rose to a record high amid speculation the 18 time English soccer champion may be sold to the Qatari royal family.”

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