Why would they need to do that now? Surely they just bid for the Glazer's shares and sort the res out separately as its mostly irrelevant due to how little voting power they hold.
Club Sale | It’s done!
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@Ed where did you leave the warchest?
There will be exclusive negotiations with a party of their choice. If they don’t bid enough, they can move on to the other
We're still skint in the summer if Qatar is the one they accept the bid from. The FA will investigate it and it'll take fecking ages
No one knows here, but IF it's INEOS' bid that gets accepted, the likely scenario is them taking on United's debt, and the Glazers would stay as minority stakeholders with no control over the football club.
We should be all hoping that the change of ownership happens quickly or we could be a bit of trouble in the summer. Fingers crossed.
I know that I meant between now and the next 7-10 days
Anything that equals those fecking leeches remaining at Utd is a failure and should be boycotted.
Remember when it was claimed sources at Raine said the bids had gone in when no bids had gone in and everyone had to walk that back a few hours later?
So Jim lost but wanted everyone to know his valuation was the highest? Fair play
Well that's the end of our hopes of ever seriously challenging City in the future. A Qatari takeover was our only shot.
I think FFP regulations would make it impossible for us to spend big this summer no matter who owns us, unless we generate a significant amount of funds from sales.
Somenone correct me if I'm remembering this incorrectly.
Yeah, I don't see Qatar coming this far to be embarrassed.
"I understand that you would like to up your bid to 7 billion but unfortunately its come a day too late so we've decided to go with the 5 billion bid"
The Glazers clearly don't want to let go of 100% of the club. That's what it comes down to.
If Qatar were desperate for the club they could have blown everyone, including Sir Jim, out of the water. They haven't done clearly.
If Qatar were desperate for the club they could have blown everyone, including Sir Jim, out of the water. They haven't done clearly.
I think they’ll still be talking to the parties and asking if they’ll go further if they get exclusive negotiations
Glazers will already know who has bid more, and that’s all they care about. In reality, it would take them 2 seconds to decide who wins. They’ll take 10 days to keep dialogue open before they make that decision
In my opinion
Seems plausible
I don’t get the over-the-top reactions here.
the core of this is Glazers will be removed from decision making and the debt they have us assigned and repaying.
If it is Ineos that win, they may choose to pay out no dividends at all - so if Glazers have minor shares, the only way they can get money is to sell their shares.
Glazers won’t have seat at the table so nothing needs to be ran by them.
club will not be in debt, yes Ineos will take out a loan but the loan will not be covered by the club but Ineos itself.
Qatar is a cleaner straight up bid and likely better for the overall redevelopment of the areas surrounding Old Trafford etc. But I don’t see Ineos/Jim Ratcliffe as a horrific at all, Glazers be gone and football at the focus again. Signing players is all the same, we need to generate our own money to buy the players - Qatar/Ineos would be working from the same finances - the differences would boil down to future sponsorships etc I suppose.
the main thing here is the Glazers as decision makers and debt on the clubs shoulders is gone.
the core of this is Glazers will be removed from decision making and the debt they have us assigned and repaying.
If it is Ineos that win, they may choose to pay out no dividends at all - so if Glazers have minor shares, the only way they can get money is to sell their shares.
Glazers won’t have seat at the table so nothing needs to be ran by them.
club will not be in debt, yes Ineos will take out a loan but the loan will not be covered by the club but Ineos itself.
Qatar is a cleaner straight up bid and likely better for the overall redevelopment of the areas surrounding Old Trafford etc. But I don’t see Ineos/Jim Ratcliffe as a horrific at all, Glazers be gone and football at the focus again. Signing players is all the same, we need to generate our own money to buy the players - Qatar/Ineos would be working from the same finances - the differences would boil down to future sponsorships etc I suppose.
the main thing here is the Glazers as decision makers and debt on the clubs shoulders is gone.
They want 100% of the club so it’s not irrelevant. The Glazers part of the shares will be handled first as that’s the part that gives them control. The others will be negotiated later (not long after) but is usually straightforward in M&As.
As a reference look at the Twitter takeover.
I don't think we have any information (other than speculation) to prove or disprove this.
Who the feck knows at this point. My understanding is that during the preferred bidder stage, you can still change the structure of the bid.
This is pure speculation from my side but the only way the Qatar business case they've apparently submitted would be relevant to the Glazers is if they're trying to maneuver Qatar into giving them a similar payment-in-kind with shares like the Ratcliffe offer.
This would mean that the promised investment won't be just an inside-looking-in-and-licking-my-lips for the Glazers but an actual incentive to want Qatar because they'll invest so much the value of their minority shares would be higher.
They are irrelevant in terms of gaining control of the club. Hence ratcliffe has not bothered to bid for them
For people who claim no problem if the Glazers stay with a minority interest, I just have one question: Do you think Ratcliffe will inject his own money into the club after his becomes the majority owner? I know the Glazers won't, and I just couldn't see how Ratcliffe will spend his own money to improve the club while it is "co-owned" with the Glazers. While at the same time the Qataris will much more likely use their own money to boost the club both because they have already said so and because they will be the sole owner.
Sure thing. Despite INEOs' words to the contrary.
"words" If you think there is something behind them then I don't know what to tell you. They had to say it seeing is how that's literally the reason people want the glazers out.
Exactly Journalists know the deadlines and who is involved because who is involved have publicly said. All this "my sources say is £5.23bn and a goat and the bid was typed in times new roman" has always been hacks desperate to be seen to be in the loop for their own clicks/reputation
We haven't had any for months. Hasn't stopped this thread and yourself has it?
Ultimately this is all on the Glazers nobody else. Fans blaming each other makes me laugh hysterically. Fans aren't in control of this one bit.
If Qatar don't bid more than Sir Jim then who's at fault there?
Of course. It not set in the stone under the laws. Everything is subject to private negotiation.
So what is clear about their intentions? You don't know and stated they clearly don't want to sell. What gives you that impression?
Ah ok, so INEOs are lying and so jeopardising their bid?
Guess your words are to be trusted though?
Their insistence on a full buyout hast been really smart or looked well thought out. They have committed £7bn towards buying the club and improving facilities so what I don't get is why they haven't focused more on getting the 69% owned by the parasites, reaffirming their control by maintaining the Class B shares and then bought the rest of the shares at convenient times over two to three years?
The world is in an economic crisis, banks are falling left, right and Centre in the US so will stocks and 31% isn't a big deal so why not just give the Glazers the 6b valuation they wanted and get control of the club then look to buy shares on the stock market when the markets will inevitably crash again? They never really thought about it or didn't want the club badly enough.
He said clearly, so no doubt about it.
You are one huge hypocrite. Literally a couple of pages back you called people who want Qatar vile plastics.
Pathetic stuff.
A hunch.
I don't think Avram and Joel want to let go. Probably wounded pride because they are so hated. The other Glazer offspring clearly don't care that much.
Great
Come on, you've been here long enough.
I took the feckin bite didn’t I?
hope all is well pal
It is not a must for it to be hosted during the summer. Its a 2022 World Cup and it would have still been 2022 World Cup event if it was played in February 2023.
A lot of FIFA members can never host it if it can only be played in the summer. Just like no West African country can host it during the summer and this conversation has been ongoing for decades.
People living in their own bubble thinking the whole world has to conform to them.
That said, if Ratcliffe is the winner. He is definitely the right guy to make it all come together and would have placed the better offer satisfactory to the owners.
If Jim gets us, I'd love for this all to be true, but I think the reason that I and others are pessimistic is that Jim hasn't committed to clearing the debt which would be the number 1 issue for a lot of us, because we really can compete off of our own revenues, if we aren't hampered by debt, jassim committed to that and investment in infrastructure and investment in the team, you'd think if Jim was determined to build a legacy, clearing the debt would immediately get loads of fans onside, it would be such an easy win to commit to clearing it, or absorbing it into INEOS
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