The andersred blog - Page 2 - MUST - the independent Manchester United supporters' trust

TanyaT · 16th November 2010, 10:31

November 16 2010

Known unknowns and unknown unknowns
This evening Bloomberg's Tariq Panja has broken a story that Red Football Joint Venture Ltd (the parent company that issued the famous Payment In Kind loans) is to redeem all £220m of the PIKs on 22nd November. Perhaps more importantly, Bloomberg report that none of the funds to redeem the PIKs will come from Manchester United.

As has been well documented, under the terms of the bond issue, the Glazers can take £95m from the club whenever they wish. The fact that they are NOT using this dividend entitlement to repay the PIKs raises the obvious question; where is this money coming from?

.......

TanyaT · 17th November 2010, 10:32

Weds November 17 2010

Q1 results – running very hard to pay the going rate

TanyaT · 8th December 2010, 10:42

Weds December 8 2010

Where United makes its money - the definitive guide

TanyaT · 10th December 2010, 10:44

December 9th 2010

PIK repayment: The Glazers issue shares to someone (or maybe themselves)....

TanyaT · 24th December 2010, 10:33

December 23 2010

Red Football parent companies issues two new shares each: for £249m!

TanyaT · 8th January 2011, 12:52

Friday, 7 January 2011

What United spends its money on - the definitive guide

TanyaT · 21st January 2011, 10:41

Wednesday, 19 January 2011

David Gill says Manchester United can compete with City in the transfer market – but we aren’t spending

TanyaT · 22nd January 2011, 12:54

Friday, 21 January 2011

The Government and football – strong words need to be followed up with action

TanyaT · 25th January 2011, 17:06

Monday, 24 January 2011

Unintended consequences – could Financial Fair Play kill small clubs’ youth development?

TanyaT · 1st February 2011, 10:43

Monday, 31 January 2011

Football governance - learning from the Edwardians

16th November 2010, 10:31	#11
TanyaT The Forum Mistress Join Date: Mar 2003 Location: Cornwall Posts: 130,989	November 16 2010 Known unknowns and unknown unknowns This evening Bloomberg's Tariq Panja has broken a story that Red Football Joint Venture Ltd (the parent company that issued the famous Payment In Kind loans) is to redeem all £220m of the PIKs on 22nd November. Perhaps more importantly, Bloomberg report that none of the funds to redeem the PIKs will come from Manchester United. As has been well documented, under the terms of the bond issue, the Glazers can take £95m from the club whenever they wish. The fact that they are NOT using this dividend entitlement to repay the PIKs raises the obvious question; where is this money coming from? ....... __________________ Our lives begin to end the day we become silent about things that matter. Martin Luther King

17th November 2010, 10:32	#12
TanyaT The Forum Mistress Join Date: Mar 2003 Location: Cornwall Posts: 130,989	Weds November 17 2010 Q1 results – running very hard to pay the going rate __________________ Our lives begin to end the day we become silent about things that matter. Martin Luther King

8th December 2010, 10:42	#13
TanyaT The Forum Mistress Join Date: Mar 2003 Location: Cornwall Posts: 130,989	Weds December 8 2010 Where United makes its money - the definitive guide __________________ Our lives begin to end the day we become silent about things that matter. Martin Luther King

10th December 2010, 10:44	#14
TanyaT The Forum Mistress Join Date: Mar 2003 Location: Cornwall Posts: 130,989	December 9th 2010 PIK repayment: The Glazers issue shares to someone (or maybe themselves).... __________________ Our lives begin to end the day we become silent about things that matter. Martin Luther King

24th December 2010, 10:33	#15
TanyaT The Forum Mistress Join Date: Mar 2003 Location: Cornwall Posts: 130,989	December 23 2010 Red Football parent companies issues two new shares each: for £249m! __________________ Our lives begin to end the day we become silent about things that matter. Martin Luther King

8th January 2011, 12:52	#16
TanyaT The Forum Mistress Join Date: Mar 2003 Location: Cornwall Posts: 130,989	Friday, 7 January 2011 What United spends its money on - the definitive guide __________________ Our lives begin to end the day we become silent about things that matter. Martin Luther King

21st January 2011, 10:41	#17
TanyaT The Forum Mistress Join Date: Mar 2003 Location: Cornwall Posts: 130,989	Wednesday, 19 January 2011 David Gill says Manchester United can compete with City in the transfer market – but we aren’t spending __________________ Our lives begin to end the day we become silent about things that matter. Martin Luther King

22nd January 2011, 12:54	#18
TanyaT The Forum Mistress Join Date: Mar 2003 Location: Cornwall Posts: 130,989	Friday, 21 January 2011 The Government and football – strong words need to be followed up with action __________________ Our lives begin to end the day we become silent about things that matter. Martin Luther King

25th January 2011, 17:06	#19
TanyaT The Forum Mistress Join Date: Mar 2003 Location: Cornwall Posts: 130,989	Monday, 24 January 2011 Unintended consequences – could Financial Fair Play kill small clubs’ youth development? __________________ Our lives begin to end the day we become silent about things that matter. Martin Luther King

1st February 2011, 10:43	#20
TanyaT The Forum Mistress Join Date: Mar 2003 Location: Cornwall Posts: 130,989	Monday, 31 January 2011 Football governance - learning from the Edwardians __________________ Our lives begin to end the day we become silent about things that matter. Martin Luther King

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