Glazer family to make $150 million in Manchester United stock sale

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The family of late Manchester United owner Malcolm Glazer is set to make a lot of money by selling off more shares of the Premier League club, while a club document warns that the Red Devils new deal with adidas would lose value if the club misses the Champions League in successive seasons.

The BBC is reporting that the Glazers will open up another five percent of the club on the New York Stock Exchange. The sales would net them an expected $150 million, meaning 15 percent of the club would be publicly-owned.

[ MORE: United inks massive post-Nike deal with adidas ]

The family would still own over 80 percent of the club after the sale of eight million shares.

From the BBC:

Manchester United’s US owners are set to pocket about $150m (£88.7m) by selling more of their shares in the club on the New York Stock Exchange.

The deal comes two months after Malcolm Glazer died. His six grown children control the club.

The latest share sale was announced on a day when United shares closed at $19.31 apiece.

Cue the family lambasting from England and abroad, as this news comes on the heels of a club prospectus warning against missing UEFA Champions League football in the future:

“Because of the prestige associated with participating in the European competitions, particularly the Champions League, failure to qualify for any European competition, particularly for consecutive seasons, would negatively affect our ability to attract and retain talented players and coaching staff, as well as supporters, sponsors and other commercial partners.

‘Failure to participate in the Champions League for two or more consecutive seasons would also reduce annual payments under the recently announced agreement with adidas by 30 per cent of the applicable payment for the year in which the second or other consecutive season of non-participation falls.”

From Sky Sports:

 

 

FIFA fines Qatar after players’ political support for Emir

Photo by Philipp Schmidli/Getty Images
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ZURICH (AP) FIFA has fined Qatar’s soccer federation after national team players breached rules against political statements by displaying T-shirts of the country’s Emir at a World Cup qualifier.

FIFA says its disciplinary panel imposed a 50,000 Swiss francs ($51,800) fine and reprimanded Qatar, the 2022 World Cup host.

[ MORE: Nainggolan staying at Roma ]

The incident happened in Doha on June 13, amid a dispute with regional rivals Saudi Arabia, Bahrain and the United Arab Emirates.

Qatar’s players warmed up for a 3-2 win over South Korea wearing white T-shirts with an image of Emir Sheikh Tamim bin Hamad Al-Thani to show their support for him.

FIFA says the charges related to “displaying a political image” and “political displays” by spectators.

Report: USMNT’s Arriola drawing transfer interest abroad, in MLS

AP Photo/LM Otero
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Paul Arriola’s motor was constantly running as the United States men’s national team claimed its sixth Gold Cup title, and it could drive him all the way from Club Tijuana to Europe or a prime spot on an MLS roster.

There’s a snag, though.

[ MORE: Everton wins Europa opener ]

Arriola is reportedly wanted by Real Salt Lake and clubs in both the Netherlands and Portugal, but the LA Galaxy has what Goal.com describes a “dubious homegrown player” claim on Arriola, who participated in a minimal of practices with the Galaxy when he was younger.

As you’ll see below, there isn’t much “homegrown” about it and, to its critics, it is peak MLS monopolized tomfoolery. Here’s how Goal describes it:

“He was already a U.S. youth national team player when he traveled the 120 miles from Chula Vista to take part in a handful of training sessions with the LA Galaxy academy and eventually the Galaxy first team.

“The Galaxy are believed to hold a homegrown player claim on Arriola, and would have the right of first refusal on making Arriola an offer if he comes to MLS. The Galaxy’s current salary-cap situation might not allow them to make a serious bid for Arriola.”

But… here’s how the Galaxy described his choosing to sign for TJ instead of a pro deal from LA in 2013:

“It’s a little disappointing,” Galaxy technical director Jovan Kirovski told MLSsoccer.com by phone on Friday. “He went through our system, we offered him a contract and he decided to move on and go somewhere else. But that’s going to happen. It’s something that has happened before, and it’s something that will happen again.”

Arriola’s response in the same article? “I thank the Galaxy for giving me a wonderful opportunity to train with their first team and be a part of their first team which really taught me a lot.” That doesn’t read as much like he “went through their system.” He played in at least one U-18 game, debuting in October 2012, did more training with TJ in December 2012, and signed for the Mexican side in May 2013.

Should that qualify him as Homegrown?

https://www.transfermarkt.com/paul-arriola/leistungsdaten/spieler/189876

Did Arriola spent significant time with LA, or is it possible the Galaxy might reap rewards from having an already established youth national teamer to practice when he was a kid? Whether you’re okay with that or not, consider that it encourages clubs to pilfer rights without actually registering or training the player.

Not to mention there is no guarantee that playing in the Netherlands or Portugal will be better for his development than MLS. Benfica or Ajax and potential action in European tournaments? Maybe. NAC Breda or Tondela? Maybe not.

Nevermind the quagmire that is American youth soccer clubs’ not earning money from transfer fees, the Arriola drama seems baseless. We don’t know the Galaxy will hold the player hostage, but they would actually be depriving MLS of a talent, as LA would theoretically get nothing should TJ sell him to a European club.

In any event, check out Arriola’s use chart from Tijuana and you’ll see why he’s valued by Bruce Arena as well as his suitors. He’s a Swiss Army Knife. Here’s hoping Tinseltown doesn’t stop him from a proper next step (assuming he’s ready to leave Liga MX).