Club Sale | It’s done!

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Nick7 said:
Christ above not everything in life is a binary choice. The Glazers having no control over the club is better than them having control. Them being gone altogether being better than that doesn’t lessen them not having control being a whole fecking load better than it is today.
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You’re right, this isn’t ‘binary’ because there are more than 2 options.

There are seemingly 4, feel free to add the other ones you’re aware of.

Option 1 - SJR buy out Glazers shares outright [looking unlikely]
Option 2 - SJR buy controlling stake & Glazers stay on in limited capacity
Option 3 - Qatar buy outright
Option 4 - Both bids rejected & Glazers refinance

I’m saying I’d rather options 1 or 3. Feel free to tell me how option 2 is ‘infinitely better’ than options 1 or 3 instead of stating the obvious. 2 is better than the current state of affairs but it’s not the ‘infinitely better’ option in any shape or form.
 
AFC NimbleThumb said:
You’re right, this isn’t ‘binary’ because there are more than 2 options.

There are seemingly 4, feel free to add the other ones you’re aware of.

Option 1 - SJR buy out Glazers shares outright [looking unlikely]
Option 2 - SJR buy controlling stake & Glazers stay on in limited capacity
Option 3 - Qatar buy outright
Option 4 - Both bids rejected & Glazers refinance

I’m saying I’d rather options 1 or 3. Feel free to tell me how option 2 is ‘infinitely better’ than options 1 or 3 instead of stating the obvious. 2 is better than the current state of affairs but it’s not the ‘infinitely better’ option in any shape or form.
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I don't think the Glazers can refinance. It will be one of the first 3 options.
 
AFC NimbleThumb said:
You’re right, this isn’t ‘binary’ because there are more than 2 options.

There are seemingly 4, feel free to add the other ones you’re aware of.

Option 1 - SJR buy out Glazers shares outright [looking unlikely]
Option 2 - SJR buy controlling stake & Glazers stay on in limited capacity
Option 3 - Qatar buy outright
Option 4 - Both bids rejected & Glazers refinance

I’m saying I’d rather options 1 or 3. Feel free to tell me how option 2 is ‘infinitely better’ than options 1 or 3 instead of stating the obvious. 2 is better than the current state of affairs but it’s not the ‘infinitely better’ option in any shape or form.
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The post wasn’t about option 2 being better than 1 or 3. It was about the glazers being out of control of the club being infinitely better than them still in control.
 
Can someone explain to me why Sheikh Jassim claiming he will spend billions on the training ground/stadium is relevant to the bid?

From a fans perspective it's obviously great but if you're the Glazers, you don't care what happens when you're gone. The only thing that matters is how much money you can get to hand over the keys, right?

Is it just a blatant attempt to get the fan base behind the Qatar bid? If that the case it's like holding a red rag to a bull, you don't try to humiliate the people you're buying the club from. It won't help Sheikh Jassims bid.
 
Nori- said:
Can someone explain to me why Sheikh Jassim claiming he will spend billions on the training ground/stadium is relevant to the bid?

From a fan perspective it's obviously great but if you're one of the Glazers, you don't care what happens when you're gone. The only thing that matters is how much money you get to hand over the key, right?

Is it just a blatant attempt to get the fan base behind the Qatar bid? If that the case, it's like holding a red rag to a bull, you don't try to humiliate the people you're buying the club from. It won't help Sheikh Jassims bid.
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It's not it just seems like PR
 
Mickeza said:
Okay. Back in the real world the glazers not owning the club is infinitely better than the glazers owning the club - the rest is just noise.
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Back to the real world, the Glazers will still own 18% in your ‘infinitely better’ proposition, they just won’t have a controlling share but will benefit from any potential upturns. Yes, let’s continue to work in the interests of them.
 
Widow said:
He has, it's been shown on here multiple times. I agree with the rest.
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He's said to be worth less than 2bn. The money isn't coming from his own bank account. Come on surely you don't believe it is.

This is a state bid and has been dressed up as something else. It's so so obvious
 
What I find curious is what's the end game for Joel and Avram if they want to keep a minority stake in the club.

Assuming they still keep 18% class B shares with Ineos having at least 51% class B shares, then Ineos can call the shots depending on the makeup of the Board. In that case, the value of the class B shares held by the two brothers would not be much more than the class A shares since it won't bring with it any key decision driving power. Moreover, with new investment in the club and rights issues, their holding will be diluted further.

Would they risk devaluing their holding by reducing their stake to basically a non-decision making one, as some are suggesting they will do? They may not be the best businessmen but surely they aren't that stupid.

The only way I see them benefitting from it is if further down the road, Ineos sells their shares and the Glazers tag along with that sale to a bidder who wants 100% of Man Utd. I don't see any other value in this for them to retain a stake without control where their shares won't have much value unless Ineos somehow manages to bring the stock price of United 5x from its current point.
 
Allowing myself too get my hopes up that we won't have Qatar owners and Sir Jim will win the bidding.

Please don't let me down
 
Nori- said:
Can someone explain to me why Sheikh Jassim claiming he will spend billions on the training ground/stadium is relevant to the bid?

From a fans perspective it's obviously great but if you're the Glazers, you don't care what happens when you're gone. The only thing that matters is how much money you can get to hand over the keys, right?

Is it just a blatant attempt to get the fan base behind the Qatar bid? If that the case it's like holding a red rag to a bull, you don't try to humiliate the people you're buying the club from. It won't help Sheikh Jassims bid.
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What I find strange is that he is willing to invest so much on the stadium etc but not to up the bid. He might as well restructure the bid
 
devilish said:
I apologise for my past comment. United are quite important for me I having slept for quite some time and have some health issues at the moment. Yet that is not an excuse for what I said which was OTT.

Anyway I don't want to sabotage the thread any further. I hope that whoever owns the club treats it good.
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Best wishes devilish.
 
devilish said:
What I find strange is that he is willing to invest so much on the stadium etc but not to up the bid. He might as well restructure the bid
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James Ducker in the last hour has said it IS in addition to the bid and that Qatar are baffled why people think otherwise
 
peridigm said:
Is SJR going to pile more dept on the club to renovate Carrington and OT? Sounds like it if he’s willing to go a little higher than Jassim for the initial purchase, not to mention he’s also open to the Glazer’s remaining with a portion of the ownership. I’d say he is the bad option. You can‘t blame Jassim if the Glazer’s don’t sell to him outright. He wants 100% and nothing to do with them which is the best option. He knows how much money has to be invested to pay off the dept plus the upgrades to everything else including the surrounding communities. Maybe something has to be compromised in his plan if he has to increase the initial bid to buyout the Glazers completely. Renovate OT instead of rebuild? Lower investment into Carrington or the surrounding communities? Not spend as much in the transfer market or pay of the debt? :nervous:
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Why can’t you blame Jassim? Why are you angry at SJR if Qatar didn’t bid enough to get the deal done? Glazers are all about money, if Qatar had bid enough they would have won, but apparently they didn’t. Be angry at Qatar.

I didn’t like both bidders but I’m kind of happy we will not be state owned. Yes I know, everybody is saying Jassim is just a normal private person with a lot of money and no backing of Qatar.
 
Berbaclass said:
It's not infinitely better when there is an offer on the table that takes the Glazers out of the equation entirely
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No. That has zero relevance. We’re comparing the current situation with potential outcome A - potential outcome B doesn’t change the fact that being owned by INEOS is infinitely better than being owned by the Glazers.
 
croadyman said:
Ugh you obviously enjoy being just top 4
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What a really silly comment.

How did Liverpool win the league and get over 95pts twice without oil money then?

You don't need to be sportswashers to win. You need a top manager and have top people behind the scenes running things, something Liverpool have.
 
devilish said:
Thanks mate and all those who wished me well. That is nor an excuse to what I said though. I sincerely apologise to all.
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We all make mistakes. Sleep deprivation is very serious and can mess with our heads. Get well soon.

And I agree with you, let’s hope we get a good owner this time :)
 
Mickeza said:
No. That has zero relevance. We’re comparing the current situation with potential outcome A - potential outcome B doesn’t change the fact that being owned by INEOS is infinitely better than being owned by the Glazers.
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Yes, yes it does.
 
Nou_Camp99 said:
What a really silly comment.

How did Liverpool win the league and get over 95pts twice without oil money then?

You don't need to be sportswashers to win. You need a top manager and have top people behind the scenes running things, something Liverpool have.
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What these posts fail to understand is that you need lightning in the bottle for it to be successful. Qatar would allow us to actually challenge City year in year out rather than waiting for a golden team/manager combo. Not really interested in 1 title every 10 years or so.
 
devilish said:
I apologise for my past comment. United are quite important for me I having slept for quite some time and have some health issues at the moment. Yet that is not an excuse for what I said which was OTT.

Anyway I don't want to sabotage the thread any further. I hope that whoever owns the club treats it good.
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Best wishes mate.
 
BluesJr said:
What these posts fail to understand is that you need lightning in the bottle for it to be successful. Qatar would allow us to actually challenge City year in year out rather than waiting for a golden team/manager combo. Not really interested in 1 title every 10 years or so.
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Yeah that was exactly why I am gutted
 
NK86 said:
What I find curious is what's the end game for Joel and Avram if they want to keep a minority stake in the club.

Assuming they still keep 18% class B shares with Ineos having at least 51% class B shares, then Ineos can call the shots depending on the makeup of the Board. In that case, the value of the class B shares held by the two brothers would not be much more than the class A shares since it won't bring with it any key decision driving power. Moreover, with new investment in the club and rights issues, their holding will be diluted further.

Would they risk devaluing their holding by reducing their stake to basically a non-decision making one, as some are suggesting they will do? They may not be the best businessmen but surely they aren't that stupid.

The only way I see them benefitting from it is if further down the road, Ineos sells their shares and the Glazers tag along with that sale to a bidder who wants 100% of Man Utd. I don't see any other value in this for them to retain a stake without control where their shares won't have much value unless Ineos somehow manages to bring the stock price of United 5x from its current point.
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I made a similar point a few pages back, if Ineos complete the sale, the inflated share price will drop to a more realistic valuation of the club.

SJR could go back on what he said and not invest in the stadium or training ground. It only takes a few bad appointments above ETH to destroy the club. How’s it going for Chelsea? What about Valencia? The numereous teams that were in the premiership. Blackburn, QPR etc etc
Do the brothers take that gamble? And certainly lose the valuation they would get selling their shares now.

If Ineos sell down the road, who pays £8-12B for a hobbie? You get one chance with a Goliath like Qatar, they will move on.
 
Nou_Camp99 said:
He's said to be worth less than 2bn. The money isn't coming from his own bank account. Come on surely you don't believe it is.

This is a state bid and has been dressed up as something else. It's so so obvious
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I know it was state-backed BUT the NY Times had he worth well over 20 billion stating that we'd never know the true worth as the cash is in places we'd never see. Anyway, the point stands, if they wanted to outbid SJR, they would.
 
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