We're Manchester United not fecking Newcastle. With a good owner we can compete with any club.
Club Sale | It’s done!
- Thread starter JB08
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You don't know that though. Todd Boehly just spent 600m and Chelsea aren't even top half.
We shouldn't be peeing over 100 yrs of tradition and history up the wall to become a sports washing tool. Not in my opinion anyway.
What will be will be though. It's not over yet.
It would be interesting to see the hypothetical terms behind a minority involvement. If they held some ClassB shares and had no say would they also be on the hook to provide money for ground investments, transfers etc. I would imagine that’s the minimum Ineos would ask for if the Glazers wanted a say in things. They most likely don’t have the money so would they pay their part in shares? Diluting their holding?
By the sound of it we might never know what that particular deal would have involved. But this is much more interesting speculation than the name calling.
This saga literally has been a transfer window outside of the transfer window. In tired, Robbie...
Who’s angry?
Who is peddling the bollocks that Rattie has outbid Jassie?
tell us how you really feelWell if United start tanking further in the field and sponsors start pulling out/lowballing us, then those shares will nosedive. That is a very real scenario considering how other teams around us have grown their revenues and are outperforming us over the last decade.
It is fascinating to see how the two brothers go about this. I still believe no one in their sane mind will hold on to their shares while losing all decision making power. That's a recipe for disaster especially when you consider that it is a business whose shares haven't really moved much, until the sale news came, since they got listed.
A lot of people seem to be.
My only issue with SJ winning the bid is what the future will hold with regards to old trafford and Carrington etc, and investing in the team and infrastructure, because the one thing that the Qatar bid would definitely do is address all these things.
If it turns out SJ can do all these things aswell then great, but if not then is it really much better than the glazers? (I mean yeh, it probably still is, but not a whole lot better)
If it turns out SJ can do all these things aswell then great, but if not then is it really much better than the glazers? (I mean yeh, it probably still is, but not a whole lot better)
Oh wow we actually have someone involved in the process in the thread
This makes more sense, taking the cost of infrastructure investment off the total bid like what was reported earlier won't work because the Glazers don't care about the club its all about how much money they can get out of it
This isn't over yet guys. I don't want Qatar and never have but this isn't over.
Fighting among ourselves over billionaires ain't getting anyone anywhere though.
Ultimately if the Glazers lose control and voting power entirely I will be happy. Couldn't care less if they keep a small chunk of the club as long as that comes with no say on anything. Means nothing to me in that scenario.
Fighting among ourselves over billionaires ain't getting anyone anywhere though.
Ultimately if the Glazers lose control and voting power entirely I will be happy. Couldn't care less if they keep a small chunk of the club as long as that comes with no say on anything. Means nothing to me in that scenario.
Usually any listed company will issue fresh shares for bringing in new investment. This then dilutes all other shareholders. Seeing that the Glazers don't have the money for investment in United, it is highly likely they will have a diluted standing by the time the majority shareholder helps with new investments in infra.
What will also be interesting to note is whether Ineos transfer all existing debt onto itself if it does not own all the class B shares? This will basically be a gift to the Glazers who remain and I doubt any serious businessman would be doing these kind of favours.
As you said, this is much more interesting to try and understand. A total buyout brings much less complexity than the one which Ineos is attempting to achieve.
Your point only makes sense if you think that wealthy people are in sport just to make money. While many are, there is a whole bunch that are in it for the sake of it and lose money every year. It is possible that 4 of the siblings were in it for money while two are in it for other reasons.
My assumption is that the deal agreement would include a series of transfer payments from the club to INEOS to cover the debt repayments.
It is not ‘infinitely better’ to have the Glazers still involved in any capacity but it’s an argument of semantics at this point. It’s funny what discussions become on here. Infinitely better options than your supposed infinitely better options are available but. . . infinitely, infinitely.
We didn’t but per forum rules you’re unable to actually discuss so the bad faith posting begins.
That could be true, but no billionaire will be ready to risk his majority asset value. You think Elon will risk his shares value in Tesla because of some intangible ego drive?
Moreover, nothing in the last 18 years have shown that the two brothers are in it for anything more than the financial value of owning United. So, my scenario is far more likely than one where the Glazers genuinely care about owning United and aren't in it for the money.
That will be disastrous and basically no better than what we are now.
Jesus that's absolutely crazy, can nobody just have a discussion with each other even if on opposing sides without resorting to this shit? Sorry to hear that happened to you man
Your whole argument is based on semantics
You cannot seriously believe the Glazers are in our sport for the prestige or the glory
.Come on, now. There's playing devil's advocate and then there's this.
Sir Jim wins a race, Glazers staying as minority owners, dept stays, Qatari buying Liverpool.
Nightmare scenario is closer and closer.
Nightmare scenario is closer and closer.
Certainly not ideal, but the new debt would be cheaper to service than the current PIKs
My worst nightmare is the recurring one where spiders keep climbing up my knobhole, traveling through my organs up to my brain, and then start controlling me like a fleshy Power Rangers robot to take them to shops where I buy overpriced food, sink heavily into debt, and forfeit my house.
One thing I don’t understand is how can glazers negotiate the price for shares which they do not own. Ben jacobs is at best uninformed or at worst lying through his teeth if he thinks that the glazers can negotiate the sale of shares not owned by them.
Generally the process would work like the glazers will sell their stake to the bidders then the new owners will make an open offer for the minority shareholders to tender their shares at a certain price. Those who want to tender the shares can sell them directly to the new owners.
Honestly would feel like out of the frying pan and into the fire. We would have waited 18 years for this?
None of the Glazers will remain.
There will be a full takeover.
There will be a full takeover.
Exactly. On a forum no less. Options 1 & 3 I listed are infinitely better than the infinitely better option stated.Your whole argument is based on semantics
What’s your argument again?
This smacks of realising they have dropped the ball and are scrambling to make excuses.
If the reason is because they are madly in love with the club then fair enough because the brothers could probably buy Spurs or a controlling share of Liverpool if they still wanted to own and have control of a premiership team.
You cannot seriously believe the Glazers are in our sport for the prestige or the glory
Come on, now. There's playing devil's advocate and then there's this.
Truth be told, I don't know Joel and Avram and I have zero reason to claim that they are not in it for prestige or glory. I'm 100% comfortable with the idea that they stayed in it for money but the reality of the matter is that neither of us have a clue and since there are hundreds of examples of wealthy people wasting money in sport I have no reason to exclude them.
Ben Jacobs first, but now the BBC are quoting 'sources' with the same info.
https://www.bbc.co.uk/sport/football/65437918
That's a pretty good nightmare.
I think having those small alien creature things crawl through your ear like in Wrath of Khan would be pretty horrific too.
You don't know them, they are not Elon Musk and they don't necessarily see it as a risk. I mean take the Raiders as an example, they are owned by a man that is worth roughly the same amount as the two Glazer brothers if he decided to sell that franchise he would multiply his worth more than 10 but as far as I know it hasn't been a topic, he wants to own the franchise that his father gave him.
What a depressing post. Yeah let's do away with any challenge or actually earning trophies, let's just spend as much as City/Newcastle til we win.
Maybe it’s a trap for Jassim to up his bid? Classic press tactics
The only thing I know is that I know nothing
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