Tom Van Persie
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- Dec 12, 2012
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Imagine someone found a way to bottle up all those LinkedIn emoji ridden posts and then drank every drop. That’s what we have in Brailsford. Apparently Jake Humphrey was a normal guy until Brailsford breast fed him just once at a BBC Sports Personality of the Year awards after party in the early 2010s.What exactly does Dave Brailsford do?
There was a very good podcast looking into what he has done at other sporting teams and institutions from the Athletic, it was on a recent Talk of the Devils episode. Goes over the controversy of the Team Sky cycling teams and so on too.What exactly does Dave Brailsford do?
Ensures training cone placements are perfect to a specification tolerance of 1mmWhat exactly does Dave Brailsford do?
Yeah that is the pod to listen to for some good insight into Brailsford, without having to hear too much about the cycling. His strength seems to be knowing exactly what is needed and getting the best person for each specific job.There was a very good podcast looking into what he has done at other sporting teams and institutions from the Athletic, it was on a recent Talk of the Devils episode. Goes over the controversy of the Team Sky cycling teams and so on too.
Mike Phelan isn't going to have any jobs left at this rate....Ensures training cone placements are perfect to a specification tolerance of 1mm
He's only buying Class B shares from the Glazers. The deal also includes him offering to buy 25% of the Class A shares for the same price. It'll be up to the holders of those shares whether they will sell, but considering he's offering significantly over the value I expect enough of them will. He'll then have 25% of the Class B shares and 25% of the Class A shares, so 25% of all shares in total.Ratcliffe is offering to buy up Class A shares from ordinary folk like me at USD 33. Does that mean that he actually may own more than 25% of United's shares he got from the Glazers?
So with the way it's set up, any buyer of the club would have basically needed to pay double what the Glazers want to get control (since the class B shares are the main ones that count for voting power)? Any buyer of class B shares must also buy class A shares, which are sort of worthless in terms of control, effectively doubling the price of control?He's only buying Class B shares from the Glazers. The deal also includes him offering to buy 25% of the Class A shares for the same price. It'll be up to the holders of those shares whether they will sell, but considering he's offering significantly over the value I expect enough of them will. He'll then have 25% of the Class B shares and 25% of the Class A shares, so 25% of all shares in total.
That will increase to 29% of both once he invests the 300m into the club over the next 12 months and gets issued brand new shares.
I think he technically can offer to buy more than 25% of the Class A shares if he wants, but since they bring so little voting power it's unlikely he will. However I presume that any time in the future that he tries to buy more Class B shares from the Glazers he'll have to offer to buy Class A shares again as well.
I think everyone will subscribe to the tender offer, as i expect the share price to fall immediately after.It'll be up to the holders of those shares whether they will sell, but considering he's offering significantly over the value I expect enough of them will.
The last but one?I'm seeing a pattern here. We're combining elements of other clubs to create the penultimate football club.
Owner: Chelsea season ticket holder
DoF: PSG/Newcastle
CEO: City
Manager: Fat Spanish Waiter appointed soon?
What?This man completely polite four ffp situation last year and got it hopelessly wrong.
The final football club will be the ultimate and dominate the universeThe last but one?
There's only about half as many Class A shares as there are Class B, so it'll only cost 50% (48% to be exact) extra to get the same percentage of them. Obviously still a significant amount, but not double.So with the way it's set up, any buyer of the club would have basically needed to pay double what the Glazers want to get control (since the class B shares are the main ones that count for voting power)? Any buyer of class B shares must also buy class A shares, which are sort of worthless in terms of control, effectively doubling the price of control?
If so maybe it's part of the reason why such a deal was reached, where SJR only bought half the class B shares needed for control (since it ends up costing double the amount when the class A shares are factored in) but negotiated for footballing control as part of the deal (which probably cost a premium but less than buying 50% of the class B shares outright).
Does make me wonder though if SJR does plan to ever increase his stake to have full control. He probably had the means to do so. Why wait? I guess the Glazers probably would have wanted more than $33 per share if SJR would have wanted full control right away. But this deal risks someone else coming in and buying them all out for an exhorbitant sum, forcing SJR to match it or sell. The price for the rest of the class B shares needed to reach full control is probably still going to be higher than $33 per share, and anything SJR does now to improve the club is just going to drive that price up more and more.
Oops auto correct.The last but one?
Ah ok! Thanks for clarifying that up for me. I am less clueless now. Anyway, now I slightly regret only buying 2 shares. Basically I will benefit 25% profit even though I bought the shares at a high price just to enjoy the ride.He's only buying Class B shares from the Glazers. The deal also includes him offering to buy 25% of the Class A shares for the same price. It'll be up to the holders of those shares whether they will sell, but considering he's offering significantly over the value I expect enough of them will. He'll then have 25% of the Class B shares and 25% of the Class A shares, so 25% of all shares in total.
That will increase to 29% of both once he invests the 300m into the club over the next 12 months and gets issued brand new shares.
I think he technically can offer to buy more than 25% of the Class A shares if he wants, but since they bring so little voting power it's unlikely he will. However I presume that any time in the future that he tries to buy more Class B shares from the Glazers he'll have to offer to buy Class A shares again as well.
Ooh, retro!Sent from my iPhone using Tapatalk.
The funny thing is that the replies and quotes to that tweet completely sum up why we're in the current mess.This man completely polite four ffp situation last year and got it hopelessly wrong. Now when we hear the investment means it opens up ffp for us he’s still peddling this nonsense?
“Wow you guys really know what you’re doing don’t you”
Dont knock the "marginal gains" with the cone placementEnsures training cone placements are perfect to a specification tolerance of 1mm
Considering they wanted to hand over footballing control and sell the club initially, they will be gone in 2 years.Good news. Hopefully it means the Glazers are starting to check out and will be gone soon.
Polite four is Needhamese for croupiered in Lenten.
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Senior physio getting the blame for injury crisis?Tweet
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Maybe they have realised a cold sponge and a rub down with Deep Heat doesn't always work.Senior physio getting the blame for injury crisis?
Or maybe Dave wants to do something different *wink*Maybe they have realised a cold sponge and a rub down with Deep Heat doesn't always work.