10 Nov 2026 14:12:52
Away from the manager saga for a minute did anyone see or hear stefan borson (financial expert) on talksport say that he's been told the club are up for sale. It's not official but that's what he's heard and the asking price is 5bn+
We can but dream because we need rid of all of them, glazers, INEOS the whole lot.
1.) 10 Nov 2026
10 Nov 2026 14:46:28
Sad thing is we may get someone in who'll clear the debt and spend money on players etc. but they're pretty much guaranteed to be as bad as the Glasers in other ways.
2.) 10 Nov 2026
10 Nov 2026 14:53:48
Can you get any worse than the glazers? And Ineos.
Any new owner that comes in will have wiped the debt that alone is more than what these leaches and rats have ever done.
3.) 10 Nov 2026
10 Nov 2026 15:11:46
New owners probably won't have any obligation to clear the debt and might be happy for it to continue to roll on as long as the revenue is there to cover it.
4.) 10 Nov 2026
10 Nov 2026 15:46:14
Saw this. Be interesting to see where it actually leads. I might be wrong, but didn't we have something similar reported a while back, with the Glazers supposedly considering a sale? Almost feels like they put these stories out there to test the water, gauge interest and see what sort of offers might be on the table, rather than any genuine intention to sell.
The £5bn+ valuation is interesting too. How does that actually break down in terms of ownership? Are we talking £5bn+ for 100% of Manchester United, or is that the figure being quoted just for the Glazers' remaining stake? Quite a difference between the two!
5.) 10 Nov 2026
10 Nov 2026 15:59:57
The club probably won't be debt free in our lifetime. We need to get comfortable with that fact. No one will pay the Glazers their 5bn, and then clear the clubs debt afterwards.
Put it this way, we are currently £1.15bn in debt. A new stadium will cost us a further £2bn, which in truth we need to build. That then puts us a a total debt of around £3bn.
Now let's say we wanted to pay that off over a 30 year period. Realistically the best interest rate we will be able to get will be around 5% (it'll likely be more than that).
%5 interest on £3bn over 30 years equals £4.5bn of interest on top of the initial £3bn, meaning we would have to pay back a total of 7.5bn over 30 years, which equates to a debt repayment fee of £250m a year.
If we are paying £250m a year to clear the debt in 30 years time that doesn't leave a lot of money left to spend on transfer fees etc. Which we will need to do to remain competitive and maximise our revenue so that we can repay the debt.
Which probably means to be able to pay off the debt and still have enough money to spend to keep us competitive that we will have to spread the debt repayment over a longer than 30 year period, probably more like 40-50 years or more.
There will be Manchester United fans who'll be born, live a full and long life and die without ever knowing the club to be debt free.
6.) 10 Nov 2026
10 Nov 2026 16:56:26
I'm pretty sure that anybody that buys the club has to clear the debt as there are some terms that say something like that.
7.) 10 Nov 2026
10 Nov 2026 17:24:49
No we don't need a new stadium.
8.) 10 Nov 2026
10 Nov 2026 18:30:46
Incorrect fallguy nobody that buys the business has to clear the debt. Unless its a heavily sponsered purchase from a state backed entity the debt will likely increase short term but will need to be paid down unlike our current arrangement.
So medium term the debt would decrease but slowly and at a higher cost than or existing payments in all liklihood
Shappy this is not a mortgage?
Finance at that level works very differently than you have laid out.
9.) 10 Nov 2026
10 Nov 2026 19:31:52
Surely the glazers have to clear their debt. They essentially mortgaged us. And have kept remortgaging it. If I sell my house for 500k and 300k left on the mortgage I have to clear it. Not make the new owner pay to the 300 k as well as my 500 k.
10.) 10 Nov 2026
10 Nov 2026 19:33:40
The glazers want the stadium to be built because it will add significant value to their asset and maximise their return if sold.
I doubt they would sell now.
11.) 10 Nov 2026
10 Nov 2026 20:29:09
The Glazers don't have to do anything. That's how ridiculous the leveraged takeover is. By the time they eventually sell, they will have made billions in profit without risking any of their own money. They are likely to leave the club in billions of debt too. And the great Ferguson called them great owners. Was that a horse?
12.) 10 Nov 2026
10 Nov 2026 20:33:24
They are selling a business not their personal home Danny.
A loan in a business can be carried forward a mortgage cannot unless in extraordinary circumstances.
13.) 10 Nov 2026
10 Nov 2026 23:02:57
If the Glazers sell, SJR has first refusal. He could out together a consortium to buy Utd. A leveraged buyout is now not possible under the rules. They wouldn't be under any obligation to clear the debt.
They could however, decide to wait until June 2029, where United can reportedly pay back the debt at no additional cost/very little cost.
The debt itself could will depend upon those financing the deal and whether they want to clear right away, to free up the clubs spending power. The interest gnaws away at the SCR. Clearing the debt, would enable United to spend more and hopefully become more competitive and win the league again, without falling further behind.
However, much would depend on who is still recruiting for the club etc, as nothing is a guarantee in football.
The Glazers are under no pressure to sell, their Teflon heads show that nothing sticks to them.
14.) 11 Nov 2026
11 Nov 2026 09:40:29
There is likley no obligation to clear the debt, however it will be taken into account in the final valuation of the club
The headline £5bn valuation might be before or after this has been taken into account, I suspect probably before.
Obviously £1bn of debt is a big amount +/- on the actual amount paid and any sensible buyer would be accounting for this. I am assuming the likelihood of a sovereign purchase is not big
The Football Board Room podcast did an interesting one on any potential sale and realistically how few people could actually buy it. It suggested that even Ineos wouldn't have the money/inclination to do a deal at a £5bn valuation.
It did suggest Spring next year could be a signifciant point in time.
15.) 11 Nov 2026
11 Nov 2026 09:52:46
Just a sidenote -I have yet to hear any so called expert from the world of business - Alan Sugar and simon jordan in particular -mouthy as he is he knows about money - who thinks a 90, 000+ seater stadium can be built in the UK in 2027 /2028 for anywhere under 3 billion.
They started building a 63000 seater 11 years a go at around 1.3 billion -completed just under 8 years ago. I tend to agree got to me 2.5-3 billion today for a 90.000 seater.