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Day: July 31, 2012

Another Twist In The Manchester United IPO Saga

The problem with a fundamental breakdown in trust is that whatever the motives may be for any of the parties concerned, they will be viewed with suspicion by those on the other side. Even with our most level of heads on, however, it is difficult not to view the timing of the resubmission of Manchester Uniteds proposed Initial Public Offering (IPO) with at least one eyebrow raised, and coming, as it does, the day after the announcement of a lucrative shirt sponsorship deal with the Chevrolet car company. The Glazer Family might well have the very best interests of Manchester United Football Club in mind in their new proposal – which, we understand, will imminently be going to the New York Stock Exchange – but even if we are as generous as we can conceivably be towards them, it is difficult to see what the massive benefit to the club would be, whilst the benefit to the owners themselves seems as clear as day. We’re not at this stage going to go through the details of the revised IPO here – our suggestion would be to visit the website of Andersred for more detail on the subject – but it is, for those amongst us that haven’t been paying a great deal of attention to this story, instructive to give a brief outline of what has been going on...

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The 2012 Olympics Games: Womens & Mens Football – Group Matches, Round Two

Re-write the football coaching manuals, the Olympic football tournament suggests. Power leads to glory… not all that tiki-taka nonsense. The United States womens’ march to Gold, and the Spanish men’s march to…the airport were the key features of a mostly exciting round of Olympic football matches. If the women took the first round plaudits, the men’s took the second. And the medal prospects of both Team GB’s look a lot healthier than they did. If the gymnasts could do it… Women The United States appear to be on a marketing exercise with the kits they have already worn. Their alternative blue kit against France forced Les Bleus to change their shirts. And any Hamilton Academicals fans at Hampden on Saturday might have felt somewhat disorientated by the sight of red and white hoops pouring forward. Opponents Colombia looked overwhelmed early on. And after ten minutes, the odds on this match being the Group G encounter to finish 5-0 would have been short. However, Colombia were more spirited and organised than in their first match, and held on to the slimmest mathematical hope of a quarter-final place by restricting ‘USWNT’ to 3-0. They used a combination of grit, luck and the crossbar which the States’ Abby Wambach thumped in the style of her surname with one long-range effort. Wambach’s powerful all-round game, Megan Rapinoe’s industry and Alex Morgan’s pace did...

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