Just over 5bn to the Glazers for their shares plus the debt plus the remaining shares is a huge bid isn’t it? It must value the club at 6.5bn plus?
Club Sale | It’s done!
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Good to know? What's your source?There is zero chance of it been Monday
Or you're just guessing?
This is a rhetorical question.
It's all part of the authentic Manchester experience anyway.
Yes I would imagine the swap from B to A would be taken out, unless it was a100% Glazer buyout.
They won't be paying any tax, they put the club in the cayman islands
Is there any confirmation on whether SJR's bid is for 50% or more?
Wasn't that to do with share issues? I mean, the club surely pays UK corpo tax?
Chuck another 5 bill in buy City, combine the teams and were on a winner
So it's £5b for 69%?
As I understand it’s both. The option is included if the Glazers decide not to sell entirely, but the offer is primarily for a full sale.
If you mix red and blue what do you get? Purple? No tanks.
Anything less than a full sale would still result in glazers ceding control. It wouldn't be the end of the world.Swear to fecking god I'll scream if we end up with a de facto Ratcliff/Glazer partnership.
Qatari's seem to be the only show in town regards a full sale
Yes
We should flood the official United Instagram page with glazers out, to get the message that we don't want them to stay.
Apparently so, though who knows how accurate these journalists actually are. If true its an incredibly high bid, if he's also paying the debt, and would be so foolish to turn down
No deadline for minority owners so ya it is a zero chance
There are no minority bids.
That's a bloody insane amount.
Ya know, after 17 years I think they might already be in on that particular secret.
That would be a ecumenical matter
Just accept Qatar bid and feck off from the club ye parasites. Gonna be a horrendous few years under the control of those dicks.
For the whole of the club. Kaveh said so but hr might be clueless.
Just over £5bn as reported is probably about $6.3bn. 31% floated shares come to around $1.95bn leaving each Glazer with an average of $720m. Probably not as much as they’ve hoped for but more than a fair price given that their father got the whole of the club for less than that.
It is absolutely ludicrous, and even if super league happened and we somehow became the most dominant team in England, I'd be absolutely shocked if Joel and avi were able to sell a 20% stake for more than £1.4bn in the future to anyone, which is the amount they'd be turning down to stay
Thats not right
He's right in terms of if 100% of the club is worth 6bn dollars, then 31% is worth 1.95, but that totally disregards the huge premium going yo the Glazers, because those shares are needwd for control
Soaring like an albatross directly into a power line
It disregards the difference between class A and B shares. The A shares are worth much less.
Current market value of the remaining 31% is like 900 million
This is approaching the end game, in the Glazers world, cash is king, especially a colossal figure of several billion dollars.
I’ve seen it quoted as £6b numerous times but who the feck knows really with the amount of times these journo’s feck up the currencies involved.
The heartache if they go with Sir Jim and we reminisce about this very day thinking about Jassim completely overhauling Old Trafford and Carrington and taking us back to the top, all the while the roof still leaks with Jim is trying to scrounge a few more quid to patch it up again as we languish in midtable
There's no way you don't realize how fecking embarrassing this comment is. Shut the feck up, jesus...
Yeah of course, most people seem to be ignoring that what's really important is control of the club, they're being offered an enormous premium for that, if they stay as minority investors their shares immediately become less valuable than when they were needed for control of the club
I know, I know, jog their memory just to make them forget about that Radcliff idea of keeping some.
INEOS will though. They would be handling the PR side if they win the bid
I saw a financial expert on a podcast earlier describe the Ratcliffe offer involving the Glazers as a hail-mary attempt to outmaneuver Qatar as he knows he can't compete straight up.
Think that's about right.
Think that's about right.
The moment they choose to sell all class B shares automatically convert to class A shares. I’m working off the assumption that the other shareholders will raise a stink if they got less than the Glazers, but if the shares are to be bought at the current price/market cap then that’s about $1bn subtracted from the offer, then you give Raine they commission and what not and each of the Glazer walk away with about $900m.
Yeah if jassim's offer is 7bn dollars for the whole club that's an awful lot, too ,uch to turn down. If that's just for the Glazers shares then it would be beyond ridiculous, there's no way to turn that down
hail-satan more like
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