Club Sale | It’s done!

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It's all a bit depressing, isn't it? I can't see anyone who has the means to buy us being a desirable owner.
 
Infra-red said:
  • Raine are aiming for a sale in the first quarter of 2023 at a price between £6bn and £7bn (but this is probably bluster - realistic timeline is likely to be much longer and realistic price somewhat lower)
  • Amazon rumoured to have some interest, but failed BSkyB bid in 1999 might scare away media companies
  • Apple not interested at all
  • Clothing company Zara not interested at all
  • Serious offers to Raine are yet to materialise
  • It is not thought that any nation states will come forward with an offer. The view in Qatar is that Premier League clubs are now too expensive and most of their value has already been extracted. Dubai are focussed on tourism (and Al Maktoum is a Liverpool fan), Bahrain are focussed on F1 and their economy is struggling, Kuwait and Oman don't have any interest
  • US-based consortium is reckoned to be the most likely potential investors, possibly acquiring a minority stake at the club initially if the outright price is too high
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Sounds about right, and not very exciting to be honest, especially if a US based consortium are front runners
 
miked99 said:
It's all a bit depressing, isn't it? I can't see anyone who has the means to buy us being a desirable owner.
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Everyone will have issues with owners. I still remember the issues we had with Martin Edwards. Other than Roman Abramovich and Sheikh Mansour, I am not sure which fans of any club are particularly happy with their owners. I am sure fans will complain even with a consortium consisting of Jesus, Mohammad, Buddha and Gandhi.
 
hobbers said:
Raine want to keep genuine bidders out of public discourse because they'll all be thundercunts who United fans would end up protesting against like Chelsea fans did with Ricketts.
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What was the objection to Ricketts? I remember the controversy but not what it was about.

If he's one of Raine's contacts it goes to reason that he'll likely be contacted about United. And we generally end up with the worst things
 
hobbers said:
Raine want to keep genuine bidders out of public discourse because they'll all be thundercunts who United fans would end up protesting against like Chelsea fans did with Ricketts.
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Yeah that's definitely it :lol:
 
Infra-red said:
  • Raine are aiming for a sale in the first quarter of 2023 at a price between £6bn and £7bn (but this is probably bluster - realistic timeline is likely to be much longer and realistic price somewhat lower)
  • Amazon rumoured to have some interest, but failed BSkyB bid in 1999 might scare away media companies
  • Apple not interested at all
  • Clothing company Zara not interested at all
  • Serious offers to Raine are yet to materialise
  • It is not thought that any nation states will come forward with an offer. The view in Qatar is that Premier League clubs are now too expensive and most of their value has already been extracted. Dubai are focussed on tourism (and Al Maktoum is a Liverpool fan), Bahrain are focussed on F1 and their economy is struggling, Kuwait and Oman don't have any interest
  • US-based consortium is reckoned to be the most likely potential investors, possibly acquiring a minority stake at the club initially if the outright price is too high
Click to expand...

Sounds quite right albeit depressing. The least exciting option is the most likely one. A Yank consortium will bleed us dry.
 
hobbers said:
Raine want to keep genuine bidders out of public discourse because they'll all be thundercunts who United fans would end up protesting against like Chelsea fans did with Ricketts.
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Indeed. They tried to shove, let's put it mildly, a questionable American family for the Chelsea sale and their fans said no way.

United fans again have no voice in this and are completely blind to what's happening, Glazer rat style.

And for anyone that wants to cry how the Glazers own United and can do what they like with it because it's their business, why do all these major companies and brands always go on about stakeholders? Because they know their decisions affect more than just shareholders and employees and they need to pretend to care. The problem is that they are doing just that - pretending.
 
Godfather said:
Sounds quite right albeit depressing. The least exciting option is the most likely one. A Yank consortium will bleed us dry.
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Explain how they can spend 5 billion buying the asset to “bleed us dry”? Anyone spending that money will want to grow the asset value - they aren’t buying it for 20m annual dividends or asset stripping.
 
Mickeza said:
Explain how they can spend 5 billion buying the asset to “bleed us dry”? Anyone spending that money will want to grow the asset value - they aren’t buying it for 20m annual dividends or asset stripping.
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yeah, the US consortium angle really makes no sense at this stage

I don't think anyone has made a plausible case for why this is most likely

all the reasons the Glazers are selling us can't be the same reasons another US investor is going to buy us
 
Mickeza said:
Explain how they can spend 5 billion buying the asset to “bleed us dry”? Anyone spending that money will want to grow the asset value - they aren’t buying it for 20m annual dividends or asset stripping.
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They will spend just enough to keep us competitive for the CL places and take as much dividends out as possible. Can't see any other reason for a US lead consortium to take that much money in their hands. Although I have to agree with what the poster above said. Not entirely sold for the priced mentioned we will be attractive for actually anyone at the moment.
 
sglowrider said:
Everyone will have issues with owners. I still remember the issues we had with Martin Edwards. Other than Roman Abramovich and Sheikh Mansour, I am not sure which fans of any club are particularly happy with their owners. I am sure fans will complain even with a consortium consisting of Jesus, Mohammad, Buddha and Gandhi.
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Newcastle fans seem to be happy enough with their new ownership, certainly a lot less “noise” than when they were owned by Mike Ashley. I’ve not noticed any of their fans complaining.
 
Sparky Rhiwabon said:
Newcastle fans seem to be happy enough with their new ownership, certainly a lot less “noise” than when they were owned by Mike Ashley. I’ve not noticed any of their fans complaining.
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They are probably too afraid to complain just in case..,

They also should just ban the sale of bone saws in Tyneside.
 
Sparky Rhiwabon said:
Newcastle fans seem to be happy enough with their new ownership, certainly a lot less “noise” than when they were owned by Mike Ashley. I’ve not noticed any of their fans complaining.
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Getting investment in your football team = makes it totally okay to be owned by a brutal murderer. :drool:
 
The debate of who our next owners will be is probably the reason why there is such secrecy around the deal, and rightly so.
 
LoneStar said:
I suppose it's part of the negotiation cycle from the sellers, but 7Bn seems very unrealistic. They'll like get a much lower quote, and then meet somewhere in the middle.

I'm not really in favor of a group of investors or companies like Apple/Amazon buying United. They will ultimately make it all about investment, and will want a good profit in return. The investors would be even worse, since they could just leech us out even more and then sell to someone for profit.
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Everyone is going to want a good ROI if they are to spend 6bn or more
 
Godfather said:
They will spend just enough to keep us competitive for the CL places and take as much dividends out as possible. Can't see any other reason for a US lead consortium to take that much money in their hands. Although I have to agree with what the poster above said. Not entirely sold for the priced mentioned we will be attractive for actually anyone at the moment.
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spend 5bn to scrape out maybe 20/30m divs a year?

who in their right mind would do this?
 
Tarrou said:
spend 5bn to scrape out maybe 20/30m divs a year?

who in their right mind would do this?
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Yeah it’s a waste of time to buy for the dividends. It will be owners like Chelsea who think they can monetise the brand, open up new revenue streams from streaming rights, overseas fixtures and maybe a different version of the ESL. The stadium and surrounding area has potential to increase revenue as well.

That’s why it will most likely be a consortium who can spread the risk. No state or billionaire can justify such a big investment especially when they can buy a club a lot cheaper and just do what is being done at City and Newcastle.
 
So the club is worth around £2.5b based on the market cap, but Chelsea went for a premium, meaning the club will probably sell for over £5b, or at least that what it will take for them to take a bid seriously.
 
Shakesey said:
Were slaves not sold solely by owners anyway? That's a weird dilemma. I'd much rather be sold by someone who doesn't give a toss about me.
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Well, it’s a tasteless comparison to begin with. But owned by someone who doesn’t give a damn, there is still the opportunity to create something in spite of it. If a careless owner sells you, they might sell you to anyone, to a mass murderer, to a business butcher, to a despot. They might destroy you, or even worse, make you into a tool to destroy others.
 
Tarrou said:
spend 5bn to scrape out maybe 20/30m divs a year?

who in their right mind would do this?
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That's why I thought the only real options for us might be Dubai or other state backed investors but it seems they aren't interested. A US consortium will try to make money from us as much as possible. Not sure they will be the best option with all our investments needed.
 
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