FlawlessThaw
most 'know it all' poster
- Joined
- Oct 26, 2005
- Messages
- 29,688
I did have an inkling Sir Jim could end up teaming up with the Glazers, it's part of the reason why Qatar is the preferred option. We want those leeches out of the club.
Shut your racist ass.
He’ll take heat for this for sure, but if it gets him through the door he won’t care much. He can then work on turfing them out from within. It would only be a temporary situation.
Isn’t he obligated to make a takeover offer if he amassed a certain share percentage like MG did? Playing then at their own game!
This is true, but if they are out of control they would fade away I think.This would mean we can’t put this shot show behind us
Bet the cnut keeps the debt and does nothing about the stadium situation.Now he's in bed with both Goldman Sachs and the Glazers? What a guy
Interesting. Where does it say the debt isn’t paid off and the glazers still have a controlling stake?The Glazer shit show. So Glazers stay on and debt isn’t paid off.
Great stuff. More protests and complete mistrust of the Board now, everything is contaminated by association. It’s Glazers out, not Glazers minority shareholders
I don't know if they can or they can't, but the Glazers hanging around with a non controlling stake would be the same as them fecking off as far as I'm concerned.Why? When they can just pay them an extra billion to feck off?
This. I expect Qatar to offer something similar, knowing they'll probably lose to SJR if they don't.The Glazers would have a non controlling stake according to what's being reported. So I fully expect the Qatar group to also go down the same route if it comes down to it.
The way I interpret it is that Ineos would pay about £2.5bn now for a controlling stake. Then buy the remaining 20% off the Glazers once the capital investment is doneWho's going to pay £5bn+ and let the Glazers have a say in the business? Money talks, no way the Glazers stay.
Its going to be a disaster of epic proportions and the fact that this Jim guy thinks its a good idea signals his competency & intention (lack of) to run the club well.
It actually shows Qatar's strength where Jassim had to pander to the Glazer's preference, as INEOS couldn't match Qatar's full take over bid.Likely an attempt to smoke out mega money from Qatar. However, as long as the chuckle brothers are not in control of the club, I will take it. Especially if the alternative is them staying in control.
They'd still have voting rights and they'd still receive a dividend. I'm not sure we can afford to do that with Sir Jim refusing to remove the debt that's currently on the club and not yet mentioned how he's going to pay off the new debt he's collecting from buying the club.I don't know if they can or they can't, but the Glazers hanging around with a non controlling stake would be the same as them fecking off as far as I'm concerned.
I doubt people were ready to accept the reality back then mateI suggested this was a likely outcome a couple months ago and was ripped up and down for it.
But the way SJR kissed the glazers ass last summer should have had people considering it.I doubt people were ready to accept the reality back then mate
It actually shows Qatar's strength where Jassim had to pander to the Glazer's preference, as INEOS couldn't match Qatar's full take over bid.
I'm not an expert on board governance by any means, but my understanding is if INEOS has 51% of the voting rights, the Glazers might as well not even have a say. I don't think the dividend policy would remain in place either, at least not until our finances are under control.They'd still have voting rights and they'd still receive a dividend. I'm not sure we can afford to do that with Sir Jim refusing to remove the debt that's currently on the club and not yet mentioned how he's going to pay off the new debt he's collecting from buying the club.
This is a clever move. He’s always said he would be willing buy a stake with a view to a full takeover down the line. The controlling stake is key.
Don’t know if this is his Ace or his Joker but it’s an interesting move all the same.
Not necessarily. Usmanov did not sit silently even though Kroenke had a controlling stake at Arsenal. He became an activist shareholder and kept blocking privatisation of Arsenal and stirring up conflict. How is that good for the club?This is true, but if they are out of control they would fade away I think.
Yeah that Radcliffe is a proper egit!Jim Radcliffe can piss off for himself. A rat
Keegan is stating again - as he has all the way through - that they are only interested in 100%. What this does do is make their bid very interesting…how high will they go? The Elliot stuff has always seemed unviable to me but this is a genuinely attractive option that will suit all Glazers.The Glazers would have a non controlling stake according to what's being reported. So I fully expect the Qatar group to also go down the same route if it comes down to it.
Oh right? Fair enough.I'm pretty sure that was a London Stock Exchange thing.
Like I said in one of my my previous posts, I expect the Qatari group to go down the same route and offer the Glazers a non controlling stake if it comes down to it.They'd still have voting rights and they'd still receive a dividend. I'm not sure we can afford to do that with Sir Jim refusing to remove the debt that's currently on the club and not yet mentioned how he's going to pay off the new debt he's collecting from buying the club.
The 6 Glazers have between 10-14% each if I remember correctly.Wouldn’t the board vote on dividends, so if Ratcliffe is true to his word, what the Glazers want is irrelevant. They are just gambling on their share value increasing. I assume they currently have more than 10% shares in the club so they’ll both take a big chunk of change in the sale and become passengers on their remaining 10% until they’re bought out fully.
IIRC, Kroenke had the largest stake but not a majority. So nobody had 51% of voting rights. Significantly different situation.Not necessarily. Usmanov did not sit silently even though Kroenke had a controlling stake at Arsenal. He became an activist shareholder and kept blocking privatisation of Arsenal and stirring up conflict. How is that good for the club?
Can easily see the same happen with us if this deal were to go through. Additionally, how are they going to raise funds for the stadium redevelopment without clearing the debt? The club’s current debt position makes it difficult to take on any significant amount of more debt.
That’s billionaire p.o.s to you!Ratcliffe is a piece of shit.
Bring in the Qataris.
There’s no question any more, this is Jimmy boy’s account.
Probably by the Xenophobes hereI suggested this was a likely outcome a couple months ago and was ripped up and down for it.
I wouldn't be suprised if the Qatar group ups their offer considerably..Keegan is stating again - as he has all the way through - that they are only interested in 100%. What this does do is make their bid very interesting…how high will they go? The Elliot stuff has always seemed unviable to me but this is a genuinely attractive option that will suit all Glazers.
I did have an inkling Sir Jim could end up teaming up with the Glazers, it's part of the reason why Qatar is the preferred option. We want those leeches out of the club.
Finding excuses for modern day slavery is fine, like we have seen dozens of posters do that in the last few months. Staying level headed about this news is where you draw the line.
I'd certainly question some of Jim's morals, but it's hardly racist to question Qatar's morals with their atrocious human rights record.Shut your racist ass.
Kroenke had increased his stake to 67% with Usmanov left with 30% in 2011. Even though Kroenke had the control of the board from then, things did not become smooth till he acquired the remaining stale in 2018.IIRC, Kroenke had the largest stake but not a majority. So nobody had 51% of voting rights. Significantly different situation.