If Utd dropped out of the top 4 then maybe that would be a blessing in disguise in the decision to sell the club, but overall, there is absolutely no logic in the Glazers remaining any longer in any capacity, the numbers no longer add up as a viable business.
Club Sale | It’s done!
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Yeah like the yankee leeches they are
The new information would presumably be something a long the lines of "the other guy has bid just as much as you and neither of you have bid enough to make us sell, so you need to up your bid if you want to beat him and persuade us."
It might not work, of course, in which case the Glazers have probably lost any chance of a full sale and will presumably then be forced to make a deal with the devil (Elliott Management).
Where you getting that confidence from?
Wouldn’t work for me and I’m in M&A. They need to get around the table and discuss where the differences are and why. Glazers will want Raine to do that for them though, as they are cowards. If I were Qatar or INEOS I’d demand at least two of the Glazer’s were present to see how they react. Wouldn’t want to negotiate just with a middle-man.
My worst damn nightmare is them walking away
1000000% club will be sold. If anyone is willing to take the bet, name your price.
I would IF only I could afford
Fair. I don’t understand how anyone could have such certainty about them *staying*
They only know greed. They would only be staying bc of pride/ego, as the best option in terms of greed is to sell now. The greedy rats are selling.
My personal favorite was when he reported Mourinho's job was safe at United just a few hours before he got sacked.
A couple of months ago he was reporting that the Emir of Qatar was personally buying United. "Clueless" does not even begin to cover it when Jackson is involved.
All logical reasoning suggests the Glazers will definitely sell.
The problem is that the Glazers do not possess this particular type of reasoning.
The problem is that the Glazers do not possess this particular type of reasoning.
Yup.
These are the people that left a hapless Ed Woodward run the show for a decade while burning through wads of cash and allowed Solskjaer to be in charge for 3 years.
They are very capable of acting against their own interests. They can't do anything in the next couple of months that can beat that in terms of irrationality.
Not meaning to defend Jackson, but everyone was reporting that, weren't they? And well, the Emir is bidding (effectively).
After the interest of the lifelong Manchester United fan Emir was reported and all of the stories came out about Qatar not being allowed to own both PSG and United, then a couple of days later the soft deadline saw a bid from another Qatari lifelong Manchester United fan, this one a guy that few had heard of, through a foundation that no one had heard of, which is funded by a secret list of contributors.
The Glazers probably won't ever agree to face to face meetings because as you say they're probably cowards. They don't want to get bent over by proper business men. They're just a bunch of useless feckwits that got lucky their Father was a good businessman who spotted a business he could exploit. A business which they have subsequently ran into the ground through sheer incompetence and disinterest.
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tbf unless you know their precise financial situation there is no way we would know that they will for sure sell up. Suggestions that they can't afford to stay are bollocks. Just last summer who would have thought that Barca had so many levers to pull? The Glazers won the Tampa Buccs -- worth $3.6Billion too. They are hardly desperate for cash.
There are plenty of options for the Glazers.
Yeah their options outside of Ratcliffe/Jassim are the stuff of nightmares
Couple of things:
1) Barca pulled levers by sacrificing long term income streams for a short term infusion of cash. This was always a bad, shortsighted idea and it already looks like it's backfired since they'll probably have to sell players before they can buy this summer. I don't think the Glazers would consider doing what Barcelona did at all (I'm not sure if they'd even be allowed to given the Prem has stronger revenue sharing rules than LA Liga).
2) The Bucs may be worth a lot of money but that's not the same as cash in the bank. Selling a big sports team and converting that value to cash takes a long time, and if you're short of liquid money today owning a football team doesn't really help.
While I agree with your points, the fact remains that we don't know their financial situation. And I don't know the PL rules on revenues' future value being sold etc like Barca. There are many ways to skin the cat.
The perception that they are 'dragging' the process out in some eyes could actually mean that they aren't in dire straits financially. (I don't think the process has been 'dragged out'.)
thats not what i said. Never said anything about not being able to afford it. I said their model is greed, not pride or ego. They will sell, bc the alternatives likely make them less money, and pose far greater risk.
Here we go, as usual ABU out in force.
For reference they were fined 1.4m, UK banks have been fined multiple above this, Barclays alone 26m.
2020 fines | FCA
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They haven’t bought us and you’re already defensive. If they were fined by the BoE, that’s absolutely relevant.
How's that ABU? If we'd had proper governance in the past the Glazers wouldn't have been able to buy the club and we wouldn't have been in this mess.
This is a hit job, which bank hasn’t been fined?
Compare 1.5m fine to those fines on here!
https://www.skillcast.com/blog/20-biggest-fca-fines?hs_amp=true
We as a club should not deal with any bank from that list from now on as principle.
Compare 1.5m fine to those fines on here!
https://www.skillcast.com/blog/20-biggest-fca-fines?hs_amp=true
We as a club should not deal with any bank from that list from now on as principle.
Because the operations of the QIB have nothing to do with us being taken over and if this is being used as stick to beat them over the head with, perhaps the UK should focus on our own affairs first.
2020 fines | FCA
The whataboutism on this page whenever negative news comes up about the crooks from Qatar is astounding.
Jassim has been chairman of the QIB since 2006? When he was what 24-25?
I'm sure he was the best candidate for the job.
It's like reading bluemoon.
Then they will feel at home in the UK
https://www.forbes.com/sites/jwebb/...ondon-as-the-the-most-corrupt-place-on-earth/
If I asked what is the most corrupt place on Earth, you might say it’s Afghanistan, maybe Greece, Nigeria, the south of Italy,” he said at the Hay Festival. “I would say it is the UK
Haven’t they got a point though?
I'm pretty comfortable the Glazers will sell.
They have an asset that needs significant investment.
Raine group will already have a nice big bill for them.
Value will depend on success in a league that has City and Newcastle running on petrodollars and Chelsea making it rain. Also knowing there are another two significant players looking to buy a football club (INEOS & Qatar).
If those two bought, say, Liverpool and Spurs, we'd be favourites to miss out on European football.
Then what happens to our value?
They have an asset that needs significant investment.
Raine group will already have a nice big bill for them.
Value will depend on success in a league that has City and Newcastle running on petrodollars and Chelsea making it rain. Also knowing there are another two significant players looking to buy a football club (INEOS & Qatar).
If those two bought, say, Liverpool and Spurs, we'd be favourites to miss out on European football.
Then what happens to our value?
What about Ism is valid when you have proof and it effects the future of the club.
This is potentially the difference between a debt laden bid from SJR or the Glazers staying.
Pick your poison.
I think this probably makes Ratcliffe second favorite now (Elliott management + Glazers staying still most likely)
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Never could I have guessed that from your 100 meltdowns on the last 5 pages.
I really heavily doubt that the Prem would block any move made for us by Sheikh Jassim. I imagine he would, with some merit, argue that there are plenty of other recent takeovers that shouldn't have been sanctioned if this were to be the case.
I doubt it too but, while many are seduced by the idea of a debt free future, we shouldn't be blind to the possibilities of trouble further down the line. It does seem prudent to question whether the Qatar bid offers the stability that most seem to feel it does.
This is definitely not ABU. Is everything negative about United ABU?
Nothing to see here, if Qatar want Utd they will eventually own Utd, everything else is just smoke, mirrors, and noise.
I was concerned about what Elliot’s plans were so went looking for some info on what they did at Milan. It actually makes for some interesting reading.
Elliot at Milan
Assuming the article is truly representative of what they did and not some paid shill puff piece , they’re not quite the vulture capitalists I’d imagined they are, there are quite a few articles by Milan fans saying the same thing as the one above. They made their money there by smartly improving the club rather than just asset stripping.
I’d still 100% rather we got rid of the Glazers, but if we’re stuck with them, having Elliot involved with a significant shareholding to hold them to account will probably be an improvement as they seem to actually have a clue in what they’re doing.
Elliot at Milan
Assuming the article is truly representative of what they did and not some paid shill puff piece , they’re not quite the vulture capitalists I’d imagined they are, there are quite a few articles by Milan fans saying the same thing as the one above. They made their money there by smartly improving the club rather than just asset stripping.
I’d still 100% rather we got rid of the Glazers, but if we’re stuck with them, having Elliot involved with a significant shareholding to hold them to account will probably be an improvement as they seem to actually have a clue in what they’re doing.
Oh, I absolutely am not opposed to due diligence being done. As others have pointed out, had it been done 18 years ago I suspect we might never have had the Glazers leeching off of us in the first place.
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