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Manyoo trying to get the debt down


ladyram

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[url=http://Manchester%20United%20has%20applied%20to%20list%20on%20the%20US%20stock%20market%20in%20a%20share%20sale%20aimed%20at%20raising%20$100m%20(�64m'>http://Manchester%20United%20has%20applied%20to%20list%20on%20the%20US%20stock%20market%20in%20a%20share%20sale%20aimed%20at%20raising%20$100m%20(�64m).%20%20In%20documents%20filed%20with%20the%20Securities%20and%20Exchange%20Commission,%20the%20Premier%20League%20giant%20said%20it%20was%20listing%20on%20the%20New%20York%20Stock%20Exchange.%20%20The%20club%20had%20earlier%20explored%20the%20possibility%20of%20a%20$1bn%20flotation%20on%20the%20Singapore%20stock%20market.%20%20United,%20among%20the%20best-supported%20clubs%20in%20the%20world,%20said%20it%20would%20use%20money%20from%20the%20listing%20to%20repay%20debt.%20%20The%20club%20has%20been%20controlled%20since%202005%20by%20the%20Glazer%20family,%20the%20billionaire%20US%20sports%20investors%20who%20also%20own%20the%20Tampa%20Bay%20Buccaneers%20American%20football%20franchise.%20%20But%20the%20club%20has%20in%20recent%20years%20been%20weighed%20down%20with%20heavy%20debts%20despite%20its%20huge%20global%20fan%20base%20and%20promotional%20and%20marketing%20efforts.%20%20%22We%20intend%20to%20use%20all%20of%20our%20net%20proceeds%20from%20this%20offering%20to%20reduce%20our%20indebtedness,]http://Manchester Un... $100m (£64m).

[url=http://Manchester%20United%20has%20applied%20to%20list%20on%20the%20US%20stock%20market%20in%20a%20share%20sale%20aimed%20at%20raising%20$100m%20(�64m'>http://Manchester%20United%20has%20applied%20to%20list%20on%20the%20US%20stock%20market%20in%20a%20share%20sale%20aimed%20at%20raising%20$100m%20(�64m).%20%20In%20documents%20filed%20with%20the%20Securities%20and%20Exchange%20Commission,%20the%20Premier%20League%20giant%20said%20it%20was%20listing%20on%20the%20New%20York%20Stock%20Exchange.%20%20The%20club%20had%20earlier%20explored%20the%20possibility%20of%20a%20$1bn%20flotation%20on%20the%20Singapore%20stock%20market.%20%20United,%20among%20the%20best-supported%20clubs%20in%20the%20world,%20said%20it%20would%20use%20money%20from%20the%20listing%20to%20repay%20debt.%20%20The%20club%20has%20been%20controlled%20since%202005%20by%20the%20Glazer%20family,%20the%20billionaire%20US%20sports%20investors%20who%20also%20own%20the%20Tampa%20Bay%20Buccaneers%20American%20football%20franchise.%20%20But%20the%20club%20has%20in%20recent%20years%20been%20weighed%20down%20with%20heavy%20debts%20despite%20its%20huge%20global%20fan%20base%20and%20promotional%20and%20marketing%20efforts.%20%20%22We%20intend%20to%20use%20all%20of%20our%20net%20proceeds%20from%20this%20offering%20to%20reduce%20our%20indebtedness,]In documents filed with the Securities and Exchange Commission, the Premier League giant said it was listing on the New York Stock Exchange. The club had earlier explored the possibility of a $1bn flotation on the Singapore stock market.

[url=http://Manchester%20United%20has%20applied%20to%20list%20on%20the%20US%20stock%20market%20in%20a%20share%20sale%20aimed%20at%20raising%20$100m%20(�64m'>http://Manchester%20United%20has%20applied%20to%20list%20on%20the%20US%20stock%20market%20in%20a%20share%20sale%20aimed%20at%20raising%20$100m%20(�64m).%20%20In%20documents%20filed%20with%20the%20Securities%20and%20Exchange%20Commission,%20the%20Premier%20League%20giant%20said%20it%20was%20listing%20on%20the%20New%20York%20Stock%20Exchange.%20%20The%20club%20had%20earlier%20explored%20the%20possibility%20of%20a%20$1bn%20flotation%20on%20the%20Singapore%20stock%20market.%20%20United,%20among%20the%20best-supported%20clubs%20in%20the%20world,%20said%20it%20would%20use%20money%20from%20the%20listing%20to%20repay%20debt.%20%20The%20club%20has%20been%20controlled%20since%202005%20by%20the%20Glazer%20family,%20the%20billionaire%20US%20sports%20investors%20who%20also%20own%20the%20Tampa%20Bay%20Buccaneers%20American%20football%20franchise.%20%20But%20the%20club%20has%20in%20recent%20years%20been%20weighed%20down%20with%20heavy%20debts%20despite%20its%20huge%20global%20fan%20base%20and%20promotional%20and%20marketing%20efforts.%20%20%22We%20intend%20to%20use%20all%20of%20our%20net%20proceeds%20from%20this%20offering%20to%20reduce%20our%20indebtedness,]United, among the best-supported clubs in the world, said it would use money from the listing to repay debt. The club has been controlled since 2005 by the Glazer family, the billionaire US sports investors who also own the Tampa Bay Buccaneers American football franchise.

[url=http://Manchester%20United%20has%20applied%20to%20list%20on%20the%20US%20stock%20market%20in%20a%20share%20sale%20aimed%20at%20raising%20$100m%20(�64m'>http://Manchester%20United%20has%20applied%20to%20list%20on%20the%20US%20stock%20market%20in%20a%20share%20sale%20aimed%20at%20raising%20$100m%20(�64m).%20%20In%20documents%20filed%20with%20the%20Securities%20and%20Exchange%20Commission,%20the%20Premier%20League%20giant%20said%20it%20was%20listing%20on%20the%20New%20York%20Stock%20Exchange.%20%20The%20club%20had%20earlier%20explored%20the%20possibility%20of%20a%20$1bn%20flotation%20on%20the%20Singapore%20stock%20market.%20%20United,%20among%20the%20best-supported%20clubs%20in%20the%20world,%20said%20it%20would%20use%20money%20from%20the%20listing%20to%20repay%20debt.%20%20The%20club%20has%20been%20controlled%20since%202005%20by%20the%20Glazer%20family,%20the%20billionaire%20US%20sports%20investors%20who%20also%20own%20the%20Tampa%20Bay%20Buccaneers%20American%20football%20franchise.%20%20But%20the%20club%20has%20in%20recent%20years%20been%20weighed%20down%20with%20heavy%20debts%20despite%20its%20huge%20global%20fan%20base%20and%20promotional%20and%20marketing%20efforts.%20%20%22We%20intend%20to%20use%20all%20of%20our%20net%20proceeds%20from%20this%20offering%20to%20reduce%20our%20indebtedness,]But the club has in recent years been weighed down with heavy debts despite its huge global fan base and promotional and marketing efforts. "We intend to use all of our net proceeds from this offering to reduce our indebtedness," the prospectus filed with the SEC said.

[url=http://Manchester%20United%20has%20applied%20to%20list%20on%20the%20US%20stock%20market%20in%20a%20share%20sale%20aimed%20at%20raising%20$100m%20(�64m'>http://Manchester%20United%20has%20applied%20to%20list%20on%20the%20US%20stock%20market%20in%20a%20share%20sale%20aimed%20at%20raising%20$100m%20(�64m).%20%20In%20documents%20filed%20with%20the%20Securities%20and%20Exchange%20Commission,%20the%20Premier%20League%20giant%20said%20it%20was%20listing%20on%20the%20New%20York%20Stock%20Exchange.%20%20The%20club%20had%20earlier%20explored%20the%20possibility%20of%20a%20$1bn%20flotation%20on%20the%20Singapore%20stock%20market.%20%20United,%20among%20the%20best-supported%20clubs%20in%20the%20world,%20said%20it%20would%20use%20money%20from%20the%20listing%20to%20repay%20debt.%20%20The%20club%20has%20been%20controlled%20since%202005%20by%20the%20Glazer%20family,%20the%20billionaire%20US%20sports%20investors%20who%20also%20own%20the%20Tampa%20Bay%20Buccaneers%20American%20football%20franchise.%20%20But%20the%20club%20has%20in%20recent%20years%20been%20weighed%20down%20with%20heavy%20debts%20despite%20its%20huge%20global%20fan%20base%20and%20promotional%20and%20marketing%20efforts.%20%20%22We%20intend%20to%20use%20all%20of%20our%20net%20proceeds%20from%20this%20offering%20to%20reduce%20our%20indebtedness,]In September United received approval for a share sale in Singapore, but the process was delayed because of volatility in the stock markets. Several high-profile flotations have been pulled in recent months as investor appetite has been dampened by the European debt crisis and worries that Asian economies are slowing.

If they do raise the money, the debt will still stand at over £300 million. A mind boggling amount of money to owe.

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Is anyone out there old enough to remember when football was a game to be enjoyed for its own sake. The players were ordinary working folk who played for the companionship, friendly rivalry and to bring a breath of fresh air to themselves and others. After the match both sides would go to the local hostelry together or possibly to the village hall where their families would have clubbed together for a bring and share supper.

I recall being told by men even older than me of times when club managers would gather round the pit head to ask emerging miners if they could turn up to play later on that saturday.

Derby County is one of the founder memebers of the league. Newton Heath became Manchester United, From the above info I am glad that the Rams have kept that little bit closer to the true roots of the modern game.

If the picture I'm describing sounds like a scene out of Mrs Miniver I don't care. That picture of English life personified what is so great about us and it certainly was not financially centred in greed and selfishness.

The great Gordon Banks describes in his autobiog going to play in first division matches on the same bus as the supporters had caught and enjoying banter with them. I remember meeting the Derby greats in a local cafe called the Salad Bowl in Derby in 1973.

To quote the question so often asked of Georgie Best.. Where did it all go wrong?

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