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	<title>Comments on: TRANSCRIPT: Ferguson&#8217;s Interview On Loyal Players, The Debt and The Agony Of Leaving</title>
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	<link>http://therepublikofmancunia.com/transcript-fergusons-interview-on-loyal-players-the-debt-and-the-agony-of-leaving/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=transcript-fergusons-interview-on-loyal-players-the-debt-and-the-agony-of-leaving</link>
	<description>a Manchester United blog</description>
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		<title>By: andersred</title>
		<link>http://therepublikofmancunia.com/transcript-fergusons-interview-on-loyal-players-the-debt-and-the-agony-of-leaving/#comment-192831</link>
		<dc:creator>andersred</dc:creator>
		<pubDate>Fri, 30 Jul 2010 11:27:27 +0000</pubDate>
		<guid isPermaLink="false">http://therepublikofmancunia.com/?p=20949#comment-192831</guid>
		<description>@Wakey

Care to substantiate any of that crap about me? It would be great if I was making a single penny out of any of this, but sadly I&#039;m not.
As for being an attention whore, I&#039;m sorry you think that, but the two main pieces of work I&#039;ve done; the first full analysis of the bond issue in January and the First Allied work got attention because people thought they were interesting. That&#039;s why they got coverage in the broadsheets and on TV and radio. Now journalists ask me for my views on things and I tell them. No doubt you would do the same if they called you.

Andy</description>
		<content:encoded><![CDATA[<p>@Wakey</p>
<p>Care to substantiate any of that crap about me? It would be great if I was making a single penny out of any of this, but sadly I&#8217;m not.<br />
As for being an attention whore, I&#8217;m sorry you think that, but the two main pieces of work I&#8217;ve done; the first full analysis of the bond issue in January and the First Allied work got attention because people thought they were interesting. That&#8217;s why they got coverage in the broadsheets and on TV and radio. Now journalists ask me for my views on things and I tell them. No doubt you would do the same if they called you.</p>
<p>Andy</p>
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		<title>By: Eight08</title>
		<link>http://therepublikofmancunia.com/transcript-fergusons-interview-on-loyal-players-the-debt-and-the-agony-of-leaving/#comment-192805</link>
		<dc:creator>Eight08</dc:creator>
		<pubDate>Fri, 30 Jul 2010 09:30:05 +0000</pubDate>
		<guid isPermaLink="false">http://therepublikofmancunia.com/?p=20949#comment-192805</guid>
		<description>A brain against more than 50,000 fans at Old Trafford. Dear me, well done.</description>
		<content:encoded><![CDATA[<p>A brain against more than 50,000 fans at Old Trafford. Dear me, well done.</p>
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		<title>By: Wakey</title>
		<link>http://therepublikofmancunia.com/transcript-fergusons-interview-on-loyal-players-the-debt-and-the-agony-of-leaving/#comment-192698</link>
		<dc:creator>Wakey</dc:creator>
		<pubDate>Thu, 29 Jul 2010 20:10:30 +0000</pubDate>
		<guid isPermaLink="false">http://therepublikofmancunia.com/?p=20949#comment-192698</guid>
		<description>@Eight08

No i&#039;m just someone with a brain who isn&#039;t living in a dream world but lives in the real world,

Sadly too many football fans are like you and they live in some fantasy land that isn&#039;t realistic or consistent with the way business works</description>
		<content:encoded><![CDATA[<p>@Eight08</p>
<p>No i&#8217;m just someone with a brain who isn&#8217;t living in a dream world but lives in the real world,</p>
<p>Sadly too many football fans are like you and they live in some fantasy land that isn&#8217;t realistic or consistent with the way business works</p>
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		<title>By: Eight08</title>
		<link>http://therepublikofmancunia.com/transcript-fergusons-interview-on-loyal-players-the-debt-and-the-agony-of-leaving/#comment-192609</link>
		<dc:creator>Eight08</dc:creator>
		<pubDate>Thu, 29 Jul 2010 14:57:14 +0000</pubDate>
		<guid isPermaLink="false">http://therepublikofmancunia.com/?p=20949#comment-192609</guid>
		<description>Are you David Gill in disguise?</description>
		<content:encoded><![CDATA[<p>Are you David Gill in disguise?</p>
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		<title>By: Wakey</title>
		<link>http://therepublikofmancunia.com/transcript-fergusons-interview-on-loyal-players-the-debt-and-the-agony-of-leaving/#comment-192544</link>
		<dc:creator>Wakey</dc:creator>
		<pubDate>Thu, 29 Jul 2010 12:39:38 +0000</pubDate>
		<guid isPermaLink="false">http://therepublikofmancunia.com/?p=20949#comment-192544</guid>
		<description>@Eight08

Lets explain it again, Perhaps this time you will get it into your small brain. The debt is £509million. If you really want to skew it you can include the PIK&#039;s which pushes it to about £730mill but these shouldn&#039;t be included as they aren&#039;t club debts. Thats a fair bit below 1bn.

Debt in business isn&#039;t unusual or infact a bad thing. Its usually a lot more cost effective and profitable to run with some debt, the £509mill is slightly on the upper end of the acceptable level of debt but its serviable without any problem. I would actually rather we were operating with a managed debt that allows the club to maximise profits than to operate without debt and waste money. I know when you are told as a normal person about debt being bad its hard to understand how in business it can be a good thing but as long as its servicable then it is

On the transfers you always have to take comments with a pinch of salt as its about negotiating tactics especially in  today&#039;s inflated world. If you should that you are desperate for a certain player then you may as well birn 10mill. And its about finding players than ENHANCE the squad, how many players seriously are out there that you can say with certaintly would add to the squad. How many of those are available and are so  at realsitic fees? There isn&#039;t many as you can see by the fact the only club really buying players is city and they are just buying up avergae players for world class fees. I would also add that when SAF talks about Andersons and Hargreaves being left out of the squad it doesn&#039;t show a manager who thinks he is done in the market, rather one who is being smart and playing down the speculation rather than encouraging the likes of city to steal any potential target.

As for 20mill, we have generally spent more than that most seasons. I&#039;m not concerned if we do only spend 20mill however, we aren&#039;t city, real or chelsea buying for the sake of it and any fan who thinks this is how we should operate should just piss off and support one of these soulless teams. United always been about building the best squad not the best collection of individials and they shouldn&#039;t be spending money on anyone but those they feel are or could be the right player for the squad. If that means putting 30mill+ bids in for Benzema or Villa or 7mill bids for Hernandex then it doesn&#039;t matter.

On Ticket prices, if we lived in cloud cookoo land where everything was perfect then ticket prices are too high BUT seriously what exactly did the Glazers do. They took a look at our rivals and did exactly what all the shareholders had been demanding the PLC did for the previous 10 years and actually bring prices inline with both their rivals and other entertainment areas. The season tickets were underpriced significantly and they were risen to around the price of Liverpools tickets and closer to the likes of Arsenal, Chelsea and Spurs (Even when applying the North/South cost difference United tickets are a lot lower and in actually terms massivly lower). They also brought them inline with the costs of going to a concert or a show. I mean seriously here you are wanting united to blow silly money on players who are worth a fraction of the fees and wages and then you bitch about tickets being priced at the GOING RATE FOR ENTERTAINMENT. Do you want United run into the ground like Barca and Real when we live in a country where the club would get NO help from the Banks or local and national government if they did. If you do then you are a bigger idiot than I thought. 

It is a shame that it does push some supporters away as it moves the prices outside what they can afford but sadly  that&#039;s sport these days. TBH I think a lot of season ticket holders complaints however come from the fact it seems so much in one sum but when broken down by match on match the prices just aren&#039;t higher than  equivalentent entainment types and a bit of forward planning with budgets would mean a lot of those who say they can&#039;t anymore afford it probally could</description>
		<content:encoded><![CDATA[<p>@Eight08</p>
<p>Lets explain it again, Perhaps this time you will get it into your small brain. The debt is £509million. If you really want to skew it you can include the PIK&#8217;s which pushes it to about £730mill but these shouldn&#8217;t be included as they aren&#8217;t club debts. Thats a fair bit below 1bn.</p>
<p>Debt in business isn&#8217;t unusual or infact a bad thing. Its usually a lot more cost effective and profitable to run with some debt, the £509mill is slightly on the upper end of the acceptable level of debt but its serviable without any problem. I would actually rather we were operating with a managed debt that allows the club to maximise profits than to operate without debt and waste money. I know when you are told as a normal person about debt being bad its hard to understand how in business it can be a good thing but as long as its servicable then it is</p>
<p>On the transfers you always have to take comments with a pinch of salt as its about negotiating tactics especially in  today&#8217;s inflated world. If you should that you are desperate for a certain player then you may as well birn 10mill. And its about finding players than ENHANCE the squad, how many players seriously are out there that you can say with certaintly would add to the squad. How many of those are available and are so  at realsitic fees? There isn&#8217;t many as you can see by the fact the only club really buying players is city and they are just buying up avergae players for world class fees. I would also add that when SAF talks about Andersons and Hargreaves being left out of the squad it doesn&#8217;t show a manager who thinks he is done in the market, rather one who is being smart and playing down the speculation rather than encouraging the likes of city to steal any potential target.</p>
<p>As for 20mill, we have generally spent more than that most seasons. I&#8217;m not concerned if we do only spend 20mill however, we aren&#8217;t city, real or chelsea buying for the sake of it and any fan who thinks this is how we should operate should just piss off and support one of these soulless teams. United always been about building the best squad not the best collection of individials and they shouldn&#8217;t be spending money on anyone but those they feel are or could be the right player for the squad. If that means putting 30mill+ bids in for Benzema or Villa or 7mill bids for Hernandex then it doesn&#8217;t matter.</p>
<p>On Ticket prices, if we lived in cloud cookoo land where everything was perfect then ticket prices are too high BUT seriously what exactly did the Glazers do. They took a look at our rivals and did exactly what all the shareholders had been demanding the PLC did for the previous 10 years and actually bring prices inline with both their rivals and other entertainment areas. The season tickets were underpriced significantly and they were risen to around the price of Liverpools tickets and closer to the likes of Arsenal, Chelsea and Spurs (Even when applying the North/South cost difference United tickets are a lot lower and in actually terms massivly lower). They also brought them inline with the costs of going to a concert or a show. I mean seriously here you are wanting united to blow silly money on players who are worth a fraction of the fees and wages and then you bitch about tickets being priced at the GOING RATE FOR ENTERTAINMENT. Do you want United run into the ground like Barca and Real when we live in a country where the club would get NO help from the Banks or local and national government if they did. If you do then you are a bigger idiot than I thought. </p>
<p>It is a shame that it does push some supporters away as it moves the prices outside what they can afford but sadly  that&#8217;s sport these days. TBH I think a lot of season ticket holders complaints however come from the fact it seems so much in one sum but when broken down by match on match the prices just aren&#8217;t higher than  equivalentent entainment types and a bit of forward planning with budgets would mean a lot of those who say they can&#8217;t anymore afford it probally could</p>
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		<title>By: Wakey</title>
		<link>http://therepublikofmancunia.com/transcript-fergusons-interview-on-loyal-players-the-debt-and-the-agony-of-leaving/#comment-192542</link>
		<dc:creator>Wakey</dc:creator>
		<pubDate>Thu, 29 Jul 2010 12:35:36 +0000</pubDate>
		<guid isPermaLink="false">http://therepublikofmancunia.com/?p=20949#comment-192542</guid>
		<description>@RedScot 

First of all I have given you plenty proof on many things, you just refuse to accept any facts whatsoever.

On proving people are attention whores all you can do is show their actions which I have done for Harris and on Andy Green (Seriously stop treating him as the gospel, learn something about finance and the real world and then go and read his blog from post 1 again. You will see what I mean about him becoming an attention whore. The more fame and money he has made out of his stance the more one sided and extreame he has become as it maximises his exposure in the media AND exposure for his blog. As I said when he started I didn&#039;t usually agreee with his interpretation but he did atleast try and give people most of the facts to make up their own mind. Now he force feeds people sound bites for the media to enhance his own profile. Anyone can see this just by reading his blog)</description>
		<content:encoded><![CDATA[<p>@RedScot </p>
<p>First of all I have given you plenty proof on many things, you just refuse to accept any facts whatsoever.</p>
<p>On proving people are attention whores all you can do is show their actions which I have done for Harris and on Andy Green (Seriously stop treating him as the gospel, learn something about finance and the real world and then go and read his blog from post 1 again. You will see what I mean about him becoming an attention whore. The more fame and money he has made out of his stance the more one sided and extreame he has become as it maximises his exposure in the media AND exposure for his blog. As I said when he started I didn&#8217;t usually agreee with his interpretation but he did atleast try and give people most of the facts to make up their own mind. Now he force feeds people sound bites for the media to enhance his own profile. Anyone can see this just by reading his blog)</p>
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		<title>By: einsi01</title>
		<link>http://therepublikofmancunia.com/transcript-fergusons-interview-on-loyal-players-the-debt-and-the-agony-of-leaving/#comment-192497</link>
		<dc:creator>einsi01</dc:creator>
		<pubDate>Thu, 29 Jul 2010 10:52:47 +0000</pubDate>
		<guid isPermaLink="false">http://therepublikofmancunia.com/?p=20949#comment-192497</guid>
		<description>@frank: You say that the blue bastards „don‘t need to know about value since they don‘t owe hundreds of millions.“

First of all: all clubs sooner than later have to consider value in market. Look at Chelsea. Abramovich first approached the Prem by oozing cash to Chelsea. You can argue that it worked but it didn’t take us (United, since I’m not sure where you come from) long to knock them down again. If the theory about “cash equals success” is true, then Chelsea would be dominant. But that’s not the case, is it? Chelsea has stopped their mindless spending and is starting to realize that success is built on other factors. The money has to be there yes, but they are meaningless if they don’t correlate to other things. 

Secondly: When players sign for “the club of the hour” like Real Madrid, they tend to lose value as soon as the statement has been released, much like a new car driven from the lot. They are now part of group were talent is equal to theirs, and hence are no longer the wonder kid of the team. One would think that a “galácticos” of 11 would sum up as something unbeatable. But that rarely happens and instead of having excellent men of 11, you got good men of 11.

And this is where the blue bastards come in. They signed Bridge, Lescott, and  Santa Cruz, way over the odds last year, players that made no impact at all last season. They furthermore got Bellamy and Adebayor which I would bet good money are leaving the club. The everlasting Wright-Phillips is also been shown the door. And the bidding-price for these players? Next to nothing. They have limited their change to sign for good clubs and have put their own career in jeopardy. Good player all of a sudden became merely an average one. And you think that this will not be a factor, Frank?   
 Last year their record-breaking expensive squad was in the common City-fan’s mind good enough to break for honors. It didn’t go as planned, otherwise they wouldn’t be selling them. The blue bastards are still paying over the odds in their recent signings. Some people never learn, do they?

Frank, this has everything to with value. But the blue bastard’s problem is much bigger than all this. They just got so small mentality.</description>
		<content:encoded><![CDATA[<p>@frank: You say that the blue bastards „don‘t need to know about value since they don‘t owe hundreds of millions.“</p>
<p>First of all: all clubs sooner than later have to consider value in market. Look at Chelsea. Abramovich first approached the Prem by oozing cash to Chelsea. You can argue that it worked but it didn’t take us (United, since I’m not sure where you come from) long to knock them down again. If the theory about “cash equals success” is true, then Chelsea would be dominant. But that’s not the case, is it? Chelsea has stopped their mindless spending and is starting to realize that success is built on other factors. The money has to be there yes, but they are meaningless if they don’t correlate to other things. </p>
<p>Secondly: When players sign for “the club of the hour” like Real Madrid, they tend to lose value as soon as the statement has been released, much like a new car driven from the lot. They are now part of group were talent is equal to theirs, and hence are no longer the wonder kid of the team. One would think that a “galácticos” of 11 would sum up as something unbeatable. But that rarely happens and instead of having excellent men of 11, you got good men of 11.</p>
<p>And this is where the blue bastards come in. They signed Bridge, Lescott, and  Santa Cruz, way over the odds last year, players that made no impact at all last season. They furthermore got Bellamy and Adebayor which I would bet good money are leaving the club. The everlasting Wright-Phillips is also been shown the door. And the bidding-price for these players? Next to nothing. They have limited their change to sign for good clubs and have put their own career in jeopardy. Good player all of a sudden became merely an average one. And you think that this will not be a factor, Frank?<br />
 Last year their record-breaking expensive squad was in the common City-fan’s mind good enough to break for honors. It didn’t go as planned, otherwise they wouldn’t be selling them. The blue bastards are still paying over the odds in their recent signings. Some people never learn, do they?</p>
<p>Frank, this has everything to with value. But the blue bastard’s problem is much bigger than all this. They just got so small mentality.</p>
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		<title>By: Costas</title>
		<link>http://therepublikofmancunia.com/transcript-fergusons-interview-on-loyal-players-the-debt-and-the-agony-of-leaving/#comment-192473</link>
		<dc:creator>Costas</dc:creator>
		<pubDate>Thu, 29 Jul 2010 09:21:14 +0000</pubDate>
		<guid isPermaLink="false">http://therepublikofmancunia.com/?p=20949#comment-192473</guid>
		<description>@Red Devil

He never disappoints, does he?</description>
		<content:encoded><![CDATA[<p>@Red Devil</p>
<p>He never disappoints, does he?</p>
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		<title>By: RedAlert260599</title>
		<link>http://therepublikofmancunia.com/transcript-fergusons-interview-on-loyal-players-the-debt-and-the-agony-of-leaving/#comment-192471</link>
		<dc:creator>RedAlert260599</dc:creator>
		<pubDate>Thu, 29 Jul 2010 09:19:28 +0000</pubDate>
		<guid isPermaLink="false">http://therepublikofmancunia.com/?p=20949#comment-192471</guid>
		<description>Fergie - you&#039;re a lying old bstd! There I&#039;ve dared to say it. He&#039;s lining his pockets and leaving a great legacy - for his kids and grandkids. Yes, he&#039;s done fantastic bringing us all the trophies over all these years, he&#039;s a great manager. But he&#039;s trying to fool us into believing all this debt doesn&#039;t matter. It does. 
When he retires and puts his feet up with all his millions, who&#039;ll be here to pick up the pieces?
There&#039;s so many short-sighted fans who only look at the trophies.
For me, by supporting the Glazers, his legacy is tainted.</description>
		<content:encoded><![CDATA[<p>Fergie &#8211; you&#8217;re a lying old bstd! There I&#8217;ve dared to say it. He&#8217;s lining his pockets and leaving a great legacy &#8211; for his kids and grandkids. Yes, he&#8217;s done fantastic bringing us all the trophies over all these years, he&#8217;s a great manager. But he&#8217;s trying to fool us into believing all this debt doesn&#8217;t matter. It does.<br />
When he retires and puts his feet up with all his millions, who&#8217;ll be here to pick up the pieces?<br />
There&#8217;s so many short-sighted fans who only look at the trophies.<br />
For me, by supporting the Glazers, his legacy is tainted.</p>
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		<title>By: Eight08</title>
		<link>http://therepublikofmancunia.com/transcript-fergusons-interview-on-loyal-players-the-debt-and-the-agony-of-leaving/#comment-192469</link>
		<dc:creator>Eight08</dc:creator>
		<pubDate>Thu, 29 Jul 2010 09:13:16 +0000</pubDate>
		<guid isPermaLink="false">http://therepublikofmancunia.com/?p=20949#comment-192469</guid>
		<description>Listening MUST and tabloids? I&#039;m not against Fergie. I&#039;m against his words, which are saying the Glazers have been good owners? how? You explain that to me. Over 1 billion in debt for fuck&#039;s sake! 

And if you expect me to believe United have money to spend, you&#039;re out of your head! I clearly remember him stating that there are little tweeks here and there and Will make a few signings (after signing Smalling and Hernandez) . A month later He said one more signing, now he&#039;s saying no more signing... surely something is up? 


The Glazers have been shit owners! Are you telling me you&#039;re happy with the Ticket prices? Thanks to that no good local fans can go nowadays and it&#039;s filled with daytrippers... Are you telling me you&#039;re happy with Debt? Are you telling me you&#039;re happy with United spending around 20 Million every summer transfer window? HOW THE FUCK CAN SOMEONE BACK THE GLAZERS!?</description>
		<content:encoded><![CDATA[<p>Listening MUST and tabloids? I&#8217;m not against Fergie. I&#8217;m against his words, which are saying the Glazers have been good owners? how? You explain that to me. Over 1 billion in debt for fuck&#8217;s sake! </p>
<p>And if you expect me to believe United have money to spend, you&#8217;re out of your head! I clearly remember him stating that there are little tweeks here and there and Will make a few signings (after signing Smalling and Hernandez) . A month later He said one more signing, now he&#8217;s saying no more signing&#8230; surely something is up? </p>
<p>The Glazers have been shit owners! Are you telling me you&#8217;re happy with the Ticket prices? Thanks to that no good local fans can go nowadays and it&#8217;s filled with daytrippers&#8230; Are you telling me you&#8217;re happy with Debt? Are you telling me you&#8217;re happy with United spending around 20 Million every summer transfer window? HOW THE FUCK CAN SOMEONE BACK THE GLAZERS!?</p>
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