Thursday 23 June 2011
10d the BIG Question...
When the Glazer family bought the majority of shares in Manchester United they chose to take Machester United plc off the stock market and changed its legal structure to a private limited company (ltd). This meant that only people the Glazers invited to buy shares in Manchester United could do so whereas when the football club was a public limited company anybody could buy shares. The key shareholders in Manchester United are Malcolm Glazer and his sons. Question: Why do you think the Glazers chose to take Man Utd off the stock market and run it as a private limited company instead of as a public limited company?
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So they can earn more money and so they can have responsible people owning shares in Man Utd
ReplyDeleteso they can conrol the sharess so they dont loose it, because it could of had intrest form others, which could of braught the marjority shares, and then they would loose it.
ReplyDeleteSo no one else can not buy into the business, meaning they will make more money.
ReplyDeleteThe Glazers chose to take Man Utd off the stock market and run it as a private limited company instead of a public limited company because in the long run, their family would benefit most because they would get the money.
ReplyDeletebecause they knew that anyone could come in and buys shares into the company, which then meant they wouldnt have a overall say and they may want to keep the company to gain more money.
ReplyDeletebecause they wanted to keep the company and not let loads of people come in and buy shares to their business. so by changing the company to private limited company they now have an overall say about the business.
ReplyDeletemason king
The glazer family did this because so they have control over the company because they control who is a shareholder in the company so they make sure they still have the majority of the company still.
ReplyDeleteCraig Hudson
so they will get more money , and it wont be shared between diffrent buyers in the company
ReplyDeleteAs a public limited company they are subject to hostile takeovers, which is how they took over contrl of the company. Whereas by going to a private limited company they are able to prevent this, as only people they invite can take shares from the company, meaning they are more stable, and safe from the threats that are in place by being a PLC.
ReplyDeleteThey took it off the market beacuse they knew that they could get bought out and they did not want to be bought out as they wanted to keep Manchester United as they knew it would be a profitable businesses and that they could make money
ReplyDeleteBillySmith and my good friend harry
because as manchester united is such a big successive club everyone will try to buy shares, but now as its a private limited company no one can do it except the people they choose they stay completly incontrol of the shares.
ReplyDeletealfie(got a brand new bowlcut)borszcz :]
They changed it so that random people can't just decide to buy small shares and so that they can keep the business private and to themselves. SO tehy have a better overall decision
ReplyDeletethey chose to run it as a private limited company and not a public limited company because then they can control the shares.
ReplyDeleteas they only invite people to buy shares they have a lower risk of a hostile takeover because only people they say can buy shares in their company on the other hand if invited shareholders buy the mority of shares they still could be taken.
ReplyDeleteHannah Cole
i think that they chose to take Manchester United off of the stock market, so they could stop anybody buying shares in the club. where as now the are a Private limited company, they can choose who buys shares in the club. at their discretion.
ReplyDeleteEd
Because people are invited to be shareholders, they are not as vulnerable to a hostile takeover because they choose who owns shares in the club. However, if shareholders decide combine shares they could still take them over.
ReplyDeleteI think that the glazer family company choose to take man u off the stock market because they didnt want anyone else buying shares in the club. But now they could choose who bought shares at the club.
ReplyDeletejoe alfie has a dodgy barnet blight
because although it must have cost a lot of money, in the long run the Glazers will make a lot more money because know one is buying shares from manchester united that they dont want.
ReplyDeleteand they could just let rich people invest into manchester untied which will insure that the Glazers are making as much profit and making manchester untied grow to thre highest potential.
smitch
I think the glazer family chose to take it off the stcok market as they had plenty of money and didnt need anybody buying shares off then, and maybe the shares will go up in price and then the glazer family could see their shares and make a profit.
ReplyDeleteIan Burden
I think that the glazer family company choose to take man u off the stock market because they didnt want anyone else buying shares in the club. But now they could choose who bought shares at the club.
ReplyDeletejoe alfie has a nice haircut blight