Club Sale | It’s done!

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crossy1686 said:
They’ll be gone well before the window opens. No matter when new owners come in, they can’t point to the Galzers for a shit window.
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The thing is clubs start their summer plans well before the summer, not the day the window opens.

Bidding to go on until end of April meaning a sale wouldn't happen until June at the earliest. We then need to discuss how they want the club to run, so another month.

Then we start pre season in July, how can you start pre season with 0 new signings when you want the manager to integrate them?
 
romufc said:
The thing is clubs start their summer plans well before the summer, not the day the window opens.

Bidding to go on until end of April meaning a sale wouldn't happen until June at the earliest. We then need to discuss how they want the club to run, so another month.

Then we start pre season in July, how can you start pre season with 0 new signings when you want the manager to integrate them?
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Ideally yes. Our best player arrived when the season had already started. Things can move quickly. And they will
 
romufc said:
The thing is clubs start their summer plans well before the summer, not the day the window opens.

Bidding to go on until end of April meaning a sale wouldn't happen until June at the earliest. We then need to discuss how they want the club to run, so another month.

Then we start pre season in July, how can you start pre season with 0 new signings when you want the manager to integrate them?
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If you’re planning on spending close to £6b on a football club and you’re going to wait until July before you speak to the manager/recruitment team about new signings you’ve got absolutely no business getting involved in the first place.

Even if new owners come in in the middle of July, all they have to do is ask how much money do you need? To the manager and recruitment staff. They’re hardly going to be doing the buying themselves, they just need to approve the release of funds.
 
redcucumber said:
You'd imagine it'll be done within 10 weeks. Surely to feck. Would be great if the major signings could have a proper preseason unlike last summer.
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I’m not worried, even if we sign top players late in the preseason, top players will be ready to adapt and slot in to the team like Casemiro did. If we’re signing kids it will take them months to integrate anyway.
 
devilish said:
Business work in a way where an asset is bought form lets say $1, you improve it to $3 and maybe sell it to $5. What the Glazers are doing is expecting a ridiculous amount of money for something they ruined. Its basically legalized theft.
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No arguments there but the key word here is legalized. There's nothing anyone can do about it. It's their asset and short of fans causing an actual riot ( which would be spectacularly illegal) nothing is gonna stop them from squeezing every last dime from this club at their pace.
 
King7Eric said:
No arguments there but the key word here is legalized. There's nothing anyone can do about it. It's their asset and short of fans causing an actual riot ( which would be spectacularly illegal) nothing is gonna stop them from squeezing every last dime from this club at their pace.
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its also stupid. There's a reason why Raine (who knows a thing or two about football club auctions) is said to have told the Glazers to end this quickly

A- The club is in a mess. Its heavily indebted, its making losses year after year and its infrastructure is crumbling
B- Interest rates are going up and up
C- The EPL is getting more and more competitive. Everyone is expecting Newcastle and Liverpool to spend big.

So you have an asset two big bidders want and that is reflected on the price. However there's a dark side to it as well ie the Glazers can't afford Manchester United. Now what happens if one of the bidders fecks off? Neither Jim nor Qatar are idiots so expect the remaining guy to try and lowball them. Then what would happen? Would they go in bed with Elliott? Cause if that happen then expect Elliott group to literally take them to the cleaners.

This is not about buying a car from the Sultan of Brunei. The guy can afford his car collection and can easily send buyers to feck off. The Glazers need to sell and if buyers start bailing out then they are in trouble.
 
So one bidder pulls out, I wonder if that’s the Glazers strategy. Piss them all off to the point they drop out and then… no sale!
 
croadyman said:
Ugh the thought is horrendous
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The Elliot bid is not likely to happen simply because they will not want to invest billions into Utd and not want a controlling stake in the club. The Glazer own 69% meaning any percentage sold above the controlling stake ie 20% would mean the Glazer no longer have control over Utd. Even if the Glazers managed to sell less than the controlling stake do you really think they will then reinvest the money back into Utd. Also when you have 6 siblings and 4 want out the only viable option is to sell.
 
Stookie said:
So one bidder pulls out, I wonder if that’s the Glazers strategy. Piss them all off to the point they drop out and then… no sale!
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But then why go to the trouble of putting the club up for sale in the first place? It’s literally about getting as much money as possible, when they believe they’ve maxed it out they will go.
 
Plant0x84 said:
But then why go to the trouble of putting the club up for sale in the first place? It’s literally about getting as much money as possible, when they believe they’ve maxed it out they will go.
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And it’s costing them money to hire Raine
 
Stookie said:
So one bidder pulls out, I wonder if that’s the Glazers strategy. Piss them all off to the point they drop out and then… no sale!
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A- Raine will need to be paid
B- The fans would lose it
C- The financial books had been opened for third parties to see. That mean that leaks are imminent
D- The Glazers reputation will go in the shitters
E- They made powerful people (ex the Al Thanis) very, very, angry
 
Its obvious that the Dad was the brains of the outfit as every other business they have been involved in has gone down the pan. They had shopping malls and arcades in the past which they had to take debt/remortgage on. Utd dragged them through that to the detriment where it is today. They cant survive without selling up a lot or all of their shares. With their age all got to be late 50s at least, although they look older, they will want their twilight years with the goodlife. They will be gone by end of May I think. To the buyers; whoever it is, will have some sort of interim scenario to bring in players, maybe not the Bellinghams of the world, but certainly better players than we already have.
A 100k stadium will help drastically with FFP in the future as well.
 
It has been almost 6 months since they announced the club for sale. Just get the feck out of the club already.
 
Stookie said:
So one bidder pulls out, I wonder if that’s the Glazers strategy. Piss them all off to the point they drop out and then… no sale!
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If so its a horrendous strategy and they can forget about trying to sell for a decent fee in the future. They'll already lose one very rich bidder in the Qataris, and I imagine other potential bidders would be reluctant to engage in protracted negotiations knowing the precedence the Glazers would have set. I'd imagine they'd piss of the Raine group too who would have seen the whole thing as a monumental waste of time and resources.

If they don't sell now, they might not be so fortunate in the future in selling above market value, not when you think of the financial dire straits the club will likely be in considering ballooning interest payments and the club's ailing infrastructure.
 
devilish said:
A- Raine will need to be paid
B- The fans would lose it
C- The financial books had been opened for third parties to see. That mean that leaks are imminent
D- The Glazers reputation will go in the shitters
E- They made powerful people (ex the Al Thanis) very, very, angry
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A - will probably come from the transfer kitty.
 
peridigm said:
A - will probably come from the transfer kitty.
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Possibly, but they can also forget about paying themselves dividends, and watch our financial situation spiral out of control as we struggle without CL football, causing the market value of the club to sink.
 
peridigm said:
A - will probably come from the transfer kitty.
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How is that supposed to work? Raine will be paid a percentage of the sale, it won't come from the clubs accounts and the Glazers can't just take money out of the club's accounts, it's not their personal accounts.
 
if it is down to the final 2 bids then would assume the qatar one would be the highest amount of money for them yes? At this point the sale needs to happen. If it drags into may without hitting that finalizing stage our summer window gonna be horrendous.
 
crossy1686 said:
If you’re planning on spending close to £6b on a football club and you’re going to wait until July before you speak to the manager/recruitment team about new signings you’ve got absolutely no business getting involved in the first place.

Even if new owners come in in the middle of July, all they have to do is ask how much money do you need? To the manager and recruitment staff. They’re hardly going to be doing the buying themselves, they just need to approve the release of funds.
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I am sure Arnold and murtough has had this convo of potential budgets when they met with the prospective bidders during their meetings. Those meetings aren't one-way directional.
 
crossy1686 said:
I’m not worried, even if we sign top players late in the preseason, top players will be ready to adapt and slot in to the team like Casemiro did. If we’re signing kids it will take them months to integrate anyway.
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Casemiro had to wait until McTominay's form dropped off, though. And by the time he joined we'd already lost to Brighton and Brentford. I'm not expecting anything as disastrous but it's quite easily avoidable by having a semi organised window.
 
JPRouve said:
How is that supposed to work? Raine will be paid a percentage of the sale, it won't come from the clubs accounts and the Glazers can't just take money out of the club's accounts, it's not their personal accounts.
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I'd assume he means if this whole thing is a ruse and the Glazers don't actually intend to sell. They will still have to pay raine for their services, I'm certain an institution like that will not have put months of work in for free for no renumeration in the event of no sale
 
Infra-red said:
Indeed. The way to win the fans over won't be with shiny new toys we can't afford in the summer. It will be by clearing the outstanding debt and drawing up plans for redevelopment/refurbishment at Old Trafford and Carrington - that will show that any new owner means business and is in it for the long haul.
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This FFP is strictly not true, United could easily afford Bellingham and Kane for £250m if they could amortise their values over 5 years. Especially if we sell players like M Greenwood, D Henderson, S Mctominay as all three represent pure profit in so much as we never paid anything for them, this is why Chelsea will have a mass sale of Mount, Hudson Odoi, C Gallagher. If we got £90m for the three listed they would mean that even after buying Bellingham and Kane, we show a positive on transfers of £40m not a minus of £160m. The reality is the club has no money, no direction, s…owners who won’t leave that’s the truth of it !

New owners and the sky’s the limit and pretty quickly too as we don’t need years of fake advertising to inflate our yearly turnover ?
 
They're selling, it's obvious. But people are impatient and rightly so - we've had to endure the Glazer's ownership since 2005.

But it will get done - they're not stupid. They're holding out for the best price, which I would also do in their situation. They don't care about United, they care about money and will get the biggest payout possible.
 
For obvious reasons there hasn’t been much to comment on this topic the last couple of weeks but maybe it’s time again with a few bullet points so some of our resident café members can relax a little bit before the final stages of the bidding process.

1. The Glazer will sell all their remaining MUFC shares before this is over.

Probably to the most attractive offer and I suspect that to come from the Nine Two Foundation. The reason for that is off course their superior financial recourses and especially the ability to buy the club with their own cash. State funded bid or not but with so much wealth it gives them the muscles to outbid any opponent if they really want to own one of the most prestigious sport clubs in the world.

2. I still think without one second of hesitation that the people from Qatar will be our best long term owner if we want to compete with Madrid, City, Newcastle and Co. I have the outmost respect for those who’re reluctant of being owned by a state and those who come from the HBTQ community but for me personally I don’t see this as a problem. United is located Great Britain and is followed by millions of supporters word wide and these reasons alone will make every new owner respectful against everyone connected to United.

3. The Glazers has nothing to win with delaying the selling process. Actually the longer this goes on the more risk they take. SJR has limited resources because he has to loan from high interest rate companies and that means that he can’t raise his bid too high. I suspect that everything above £5.5B is unknown territory for him. Since December 2022 the interest rates has increased with a couple of %. That’s why his initial valuation probably has changed and that’s why I think the NTF has this bidding war in their own hand.

I respect those who think differently and believe in other scenarios but with experience and age I feel rather comfortable with my prediction. But as always time will tell but until we know more maybe we can enjoy some good football. EtH has my full confidence.
 
Honestly I don't understand the angst and I don't understand how sport journalists can seriously sell the idea that less than 5 months is too long. Outside of an owner being forced to sell quickly, I don't remember any process that were quicker than 5 months between owners announcing that they wish to sell to the actual sale.

As an example the Carolina Panthers were sold after roughly 6 months, for the Denver Broncos it took roughly 8 months, for the Timberwolves it took nearly 11 months. All of these are cheaper than United and the respective leagues are involved in facilitating sales.
 
Plant0x84 said:
Yep, that’ll do it! Good old MUST! :rolleyes:
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It's not their fault that the owners don't give a shit about any of us.

Any decent owner would respond to that statement, or at least take note of it. Glazers wouldn't care if we all died so long as it didn't affect their wallets.

EDIT: "us" means all followers/fans of United - anyone who spends money following the club - i'm not with MUST
 
JPRouve said:
I don't understand how sport journalists can seriously sell the idea that less than 5 months is too long. Outside of an owner being forced to sell quickly
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That’s the problem right there. We are being compared to the expedited sale of Chelsea and obviously the circumstances couldn’t be more different. A lot of folk will be disappointed when our new owners don’t come in, sack the entire hierarchy and spend £600m on transfers. :rolleyes:
 
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