I trust you, mainly because I like what you said, stranger.
Club Sale | It’s done!
- Thread starter JB08
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One thing I don't quite get is that if it's incredibly obvious to you then what is the point of them pretending? Because I can't help but think anything people here are spotting would be rather obvious to the bidders also.
Yeah, I don’t disagree. But meant that going to 30 it’s done. The close will come fast when the needle starts moving.
What you say is obviously true and has been ever since the superleague plan failed. But this is a muppet thread so you can't expect logic to hold much sway. We will have Qatari owners at some point soon. The rest is noise.
It will be. Qatar has already leaked their offer was final. The delay will be caused by any number of bickerings and marginal gougings. For example I imagine minimising the tax situation is a whole other negotiation. Double taxation in UK and US can occur when you get it wrong.
Some folks enjoy the anxiety, I think. Football fans (United fans in particular) are used to the melodrama and volatility of transfer sagas and some have grown accustomed to it.
Glazers are selling, the question is how much and to whom.
Put a stop limit at 20/18 just to be safe and I’d just wait it out then
Shares now just under $24 at $23.89 let’s see if this goes to $25 we should maybe get excited again maybe but then again maybe not?
Still think that if Qatar win it will fly past $30 in a matter of moments. Too quick to buy more at a reasonable price anyway.
It is obvious to them...but there is a great deal of posturing in any negotiation. One as public as this includes an incredible amount of posturing. It's the only way you can really create leverage. The Glazers HAVE to try and at least posture towards staying otherwise they have very little leverage. So they at least are trying. I doubt, however, that the bidders have ever actually bought it.
Interesting that it's trending up without any real news
I think this is a very smart point. The super league was the final nail in the coffin for the Glazers and likely their Hail Mary effort to try and keep the club. This isn't an elective sale by them...
There’s my $24 alert
Probably the stronger than expected performance
It's a green day in the markets, so there's a bit of macro momentum
I think this is just a reaction to todays financial update and bullish prediction for annual revenue.
I get that but that has no real bearing on either Jassim or Ratcliffe
Indeed
It dropped like a stone on release of the financials
There is also the risk of unintending consequences. If the Glazers over-signal in such a way that INEOS feels embarrassed or that there is no chance and publicly withdraws its offer to save face then there's nothing to stop Qatar pulling a reverse auction. They have to keep the jeapardy alive till the very end. Maybe I'm just rephrasing your point...
The Glazer purchase of the club was itself an unintended consequence of SAF's row over Rock of Gibraltor. Weird stuff can happen.
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What time is the NYSE conference?
If they really start to fly the shares will likely be suspended. They will probably be temporarily suspended anyway when an announcement is due.
Sounds like typical Man United negotiation this.30 is fine
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This. There's plenty of real things to complain about with the Glazers, but the length of the sale isn't one of them. It's a multi billion dollar deal, worse case it could literally take years. Last year, Microsoft bought ZeniMax for $7.5 billion. They announced it was happening at the beginning of March, and finalized nearly 7 months later. Chances are they were working on it prior to the announcement, and that didn't include multiple bidders.
I can't wait for this all to be done, but checking for updates every 5 minutes is just a path to despair.
Oh ok. Strange then, not even absurd volumes like during the Reuters reports.
That was before the market opened wasn’t it. About 7 a.m EST?
The market doesn’t mean anything guys. It’s gone up and down, around and back again since we heard they’re selling what feels like years ago now.
Don’t read too much into it.
Don’t read too much into it.
A few nobodies on Twitter believe an announcement is about to hit, hence the price movement
It needs to break approx 30 for it to actually signal a major development.
Surely financial reports like today often lead to stock changes
Not gonna spike 35% in a day. Not even sure that would be allowed on NYSE.
Hahahahha, me too mae.
For those pesky scousers trying to Rob the CL badges to put on their shirts.
I’d say $28+ would probably suggest something ?
Market cap approaching $4bn
Don't sadden me please
The BBC economics editor said you know a deal is done when it hits 30
24 is a long way off, it was higher than this a week ago
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