Surely if the Glazers were going to stay, they'd have accepted Elliots proposal and ended things now? I just don't understand how people can be certain they're staying when we're going to a third round of bidding. The Glazers are just hoping to squeeze every last penny out of the new future owners. Wouldn't surprise me if they get an offer of around 5.5bn next round and decide to take it.
Club Sale | It’s done!
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The only bright side in this delay thing is that it basically confirmed that they aren't staying.
Definitely looks like the brothers are playing the long game and no doubt against their legal teams best advice. They’ll either hit the jackpot or create an even bigger mess.
Yup i agree. Theres no sense in a third round of bidding as i imagine Elliot won't increase their offer for a minority stake, and still, what purpose would it serve anyway, as the money they get will just go to buying out the other siblings, leaving the other 2 in an even worse situation. I think they know that theres no way they can continue, and they're just trying to milk the buyers big time now.
There is no guarantee the bidders will put improved bids. So all this extra time the Glazers waiting will be for nothing.
Yes. This move will definitely move the needle. If you want the asset, you have to enter the last round.
So, this isn't getting done before July earliest, if at all. This is our summer transfer window fecked before it's began.
Why?
Is there anything to be said for saying another mass?
I don't get the thinking behind this, surely if we have a scenario where we have a price agreed but everything is likely too late in terms of window, then Raine would probably act as middle man (at a fee) to accomodate transfers. When it comes to the rich and powerful spending their money, obstacles like time don't usually get in the way.
As Ben Jacobs has said, on the Friday they literally may decide on one group and say "you have won the bidding process, let's proceed". If that is the case, things could move rapidly as most of the due diligence etc will have been conducted, Qatar had a heavy financial team attend so you'd imagine details of financing, payment structures etc will have been discussed so I'm quite confident once a party has been decided, it moves quick.
The club has money to spend this summer, regardless of whether a takeover has happened or not. In fact, thanks to FSR (replacement for FFP), the monetary amount may be very similar either way.
The uncertainty isn't great, but the club will be planning in the background for no takeover and the continuation of the status quo, with targets picked and pursued accordingly. We know that most of the preliminary transfer work (identifying players, gauging interest from agents etc) is done by the end of April anyway. This coming transfer window is also of secondary importance to the actual takeover, which is the big prize.
Even if the sale isn’t finalised before summer the club can still buy and sell players. They’ll just need authorisation from the incoming owners. So Murtough will just be doing his sales pitches to different shirts. It shouldn’t really impact.
Didn't City have the added attraction that Robinho thought he was coming to us?
Yes he did haha. Also, they announced the takeover on the final day of the transfer window, the same day that Robinho was signed, so was all done in a day.
The offers on the table now won’t be on the table in 1-2 years. There’s very few/nobody else paying over 5B for United if those 2 walk we’re fecked.
I think if they go to a third round and then say “ah were not actually selling”, Qatar will do a Khashoggi on the Glazers, so it would all work out mint for you lot anyway…
You're a braver man than me using the name Ruy López in a footie forum. I wanted to, then feared a "Who does he play for?" commentThere isnt many bidders who can afford that, the ones who can afford the current price are already in the bidding process.
You lose credibility when you put bidders through a process to say.. oh we are not selling anymore then 2 years later come back and start the process again.
I doubt they will get the same price ever again.
Why?
Bidders do not like to be messed about. All the potential bidders will have spend millions of £ to get to the point to bid, if the Glazers now say, oh this was a joke, we did this to see who is interested and what price we could get, it would leave a bad taste from potential bidders.
Secondly, say the Glazers in 2 years say they want to sell, who is to say they will not do the same and mess around the potential buyers again?
I hear you, but perhaps there are other bidders who would compete. Surely we have no clue what the club could be worth in 2 years time?
It would also be illegal with it being blatant market manipulation
Not only bidders but state backed ones too.
Regardless of the evidence of who is backing the Qatar bid, the Glazers would do well to avoid not only pissing off a potential buyer but a whole country in the process... I am sure they are aware of this though.
Qatar could be a very good business prospect outside of football for the Glazers if they play this right.
Yeah, in that sense, you dont know but we are at a point where there are alot of things need to happen at the club.
Rising interest rates = higher interest payments
Infrastructure upgrades = Glazers will need investment which means giving out share of the club.
Stadium upgrades, player recruitment.
At the moment, we are at a point where our finances are not making a good read. I dont think the Glazers can continue the way they have been for another 2 years without any sort of investment.
Simon Stone continues to add nothing to the story
Bit of a gamble isn't it?
If they stay, there will be no capital investment. So that outlay of work already apparently worth circa £2bn will cost even more then and be even further behind our rivals (Everton and Liverpool will have huge upgrades by then).
De Gea, Varane, Casemiro, Eriksen, Fernandes etc (many key players) will all need replacing by then. Another huge outlay for the 2025 bidders to make United competitive again.
INEOS already went for Chelsea, Qatar have interest in PL investment United or not. If both are turned away now, likelihood is both will buy into other PL clubs. This means that there's likely 2 more clubs who will be building better squads than us and serious competition to the top 4, and that they won't be returning as bidders for United in 2025.
The debts of.. £800m?... will all be bigger then and probably have surpassed £1bn
They'll have been told all this by their advisors. Bigger debts, worse squad, bigger capital investment required, bigger debts, more PL competition, the current serious bidders won't return.. This is all before we even think about what the fan backlash would be.
Make no mistake, their ultimate goal is to squeeze as much money out of United as they possibly can, whether all at once or over time. If they don't sell now for a World Record fee, there is absolutely no guarantee they are getting more down the road and are risking the possibility they could get much less.
According to the Dictionary
What does being a Leach mean?
a person who clings to another for personal gain, especially without giving anything in return, and usually with the implication or effect of exhausting the other's resources; parasite.
Perfectly sums them up.
What does being a Leach mean?
a person who clings to another for personal gain, especially without giving anything in return, and usually with the implication or effect of exhausting the other's resources; parasite.
Perfectly sums them up.
Telegraph article says Jassim was invited by Raine overnight to proceed to the next stage. Similar expected to happen for Ratcliffe.
Maybe no one will bid (up their bid). What then? Do they accept one of the previous bids or just walk?
If I was the owner I wouldn’t be selling
But yeah I get what you mean.. just seems a really weird way of doing it. Can imagine it’s only going to annoy the people who are supposedly willing paying billions for the club.
Walk probably and re open it all again in 6 months would be a guess.
That would be such a massive kick in our collective bollocks that It's probably what will happen. I hate the leeches so much.
Their fortune has been built by their father. I'm sure the Glazer siblings can be perfectly foolish.
Written by Simon Chatbot
Even with billions of losses at stake and reasonable advisors armed with logic?
I just think they know exactly how enthusiastic these bidders are and it's the obvious move to continue driving that competition. The Raine Group will be reading the room on this. It's not something they can keep extending, but while they can it makes sense.
It's time to squeeze out every penny from the bids, and even when they get to a preferred bidder they'll squeak a bit more out would be my guess. That's all it's about, I don't think they care about timeframes, within reason. It's the same logic that has been shown throughout their time at United. Bleed the process dry.
It's time to squeeze out every penny from the bids, and even when they get to a preferred bidder they'll squeak a bit more out would be my guess. That's all it's about, I don't think they care about timeframes, within reason. It's the same logic that has been shown throughout their time at United. Bleed the process dry.
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