Try $200bn
Club Sale | It’s done!
- Thread starter JB08
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It's what MUST are good at.
They went down the protest road, didn't really get anywhere, so started requesting open dialogue with the owners, pressuring them to engage with the fans. There's determination to do the right thing by the football club. They want what's best for the club, but they're being smart about it.
Then you get the 1958. They're effectively social media influencers. 100% emotion, 0% intellect. In it for likes and follows. Footballs version of Tommy Robinson. There's no plan there other than 'Glazers out'. No other strategy.
Agree but good luck with that. Everyone’s going to be clutching at straws on here throughout until this is officially done.
I honestly don't know mate. If appears so right now but who the feck knows eh?
I think the Glazers have wanted £6bn and ultimately they haven't been offered it. The Qataris clearly think 6bn is too steep it would seem.
Not a chance. The only reason he is in this race is because he has opportunistically used the Glazer fanily split as his way in.
He knows he can't match Qatar and with the way he's planning on structuring things, he would pay something like £2.5 Billion to take control of the club (half of what it would cost Qatar). The Qataris have committed £5 billion (at least)
I hope I am wrong, but it feels like the final straw that will break us and send us into eternal mediocrity. We will not recover from this. I do not blame Sheik Jasim for not wanting to put his hand into the parasites hands unlike the rat. Jim should be treated at the protests tomorrow just like the parasites.
But you only need to own 51% to have full control so pro rata he has bid more.
You don't need 100% of the club. Sheikh Mansoor has sold off about 30% of Man City to Chinese and American investors for example. He's still majority owner.
I meant $200 billion. I'm tired
Why would they bother taking out a loan to spend a tiny fraction of that
Obviously, that's the only way he can possibly beat them by trying something like this.
The point is he will only pay half of what the Qataris will pay if they acquire the club. Ratcliffe cant afford to match them
Yes I'm tired my mistake!
It may be state funded but they won't overpay for whatever reasons. I still think this would be done and dusted if they just blew everyone out of the water. But just because it's funded by the state doesn't guarantee a win. Hence the scramble to fix PR on socials
They need to up their bid then. Pay the price and they get what they want and so do you.
If they don't then whose fault is that? The Glazers have no loyalty to Sir Jim. They only have loyalty to money.
This. Tomorrow it will come out that SJ bid had investment on top and not as part of the final bid. Then the following day Elliot group are leading the race… even though they are under investigation.
This could all just be Raine Group requiring clarification or hoping to get SJ to up his bid, Glazers love money and all that would also command a better fee for Raine Group. Maybe SJ didn’t bid that high given the investment required and Qatar outlets are trying to save grace. At this stage no one knows for sure and we’re just going to have to wait and see.
Still interested how SJR can own us and also have his other clubs.
Still think it will be Qatar even though that's not what I want.
The journalists have caused mass panic and they don't know anything. The two main bidders have signed NDA's afterall so where is all this coming from? Guess work
I'd love to know what the actual difference is in share price valuation. There probably isn't really that much in it if the Bloomberg article is anything to go by.
Maybe it wasn't a state bid after all?
Yeah, one thing that is likely going to be different, is that Jim will actually care what the fans think, unlike the Glazers.
If he wins the bid, I'm sure he will address what his plan is with the debt, infrastructure, etc., in his first statement. So we will learn more about his plans if he wins, and should wait until then before laying the vicious judgements on him that many have already posted.
Good points well made, SJR is trying to get his feet under the table and this may have been the only option in some form of a win for him to take control, put good people in the door and make an impact this summer with a good transfer window. His company turns over $60-65bn, 26,000 employees around the world and 36 businesses with profits of $3 to $3.5bn net profit annually. He might not be oil state wealth but he’s definitely the next tier down.
After he’s done the deal he just needs to issue a statement saying what his goals are, he has the money and the wealth to make a considerable impact, I also think he knows he needs to get this.right and prove he can restore united to former glories.
Yeah, I think Qatar will still come out ahead. They can offer far more to the Glazers than Ratcliffe can, not just in monetary value or in the terms of this deal.
The Glazers would piss their pants at the prospect of some business interests on the gulf. Things like that may just swing it.
For me it's simple really. I don't care about chemical pollution or human rights issues abroad. Feck, in ten years we'll all be AI slaves. I don't care who owns us. I DO care about Manchester United.
So, what's best for my club? The answer is clear.
So, what's best for my club? The answer is clear.
But they haven't so far. They haven't gone for the bait.
If Sir Jim's bid is higher pro rata then they won't win. They will have to pay up or shut up.
Are the Woodward rumors true?
This would be a serious national embarrassment to them if so. They wil overcompensate the next time round with another club!
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Maybe the Qatari's should have thought of something like this. Get control, then work on buying out Joel and Avram and the public shareholders. I know they want the whole thing, but then that's their choice to be stubborn on that point.
Perhaps they just got out-maneuvered.
He's Batman?
You also have to think that we know very little actual detail about what is really going on.
We've seen so much guesswork recently.
I would be very surprised if the Qataris dont trump Ratcliffe. Like I just said I would love to know just how much the difference in share price valuation is. My guess (based on that Bloomberg info) would be not too much.
These guys are paying Mbappe 600 million euros over 3 seasons. I'm sure they will find 500 million - 1 billion from somewhere if they want this deal
If not then fair enough, they didn't want it. If they do they will buy us.
I'm the Batman
In 10 years United won't exist, the Aliens will have arrived and killed everyone.
You also have to think that we know very little actual detail about what is really going on.
We've seen so much guesswork recently.
I would be very surprised if the Qataris dont trump Ratcliffe. Like I just said I would love to know just how much the difference in share price valuation is. My guess (based on that Bloomberg info) would be not too much.
These guys are paying Mbappe 600 million euros over 3 seasons. I'm sure they will find 500 million - 1 billion from somewhere if they want this deal
If not then fair enough, they didn't want it. If they do they will buy us.
Ultimately it will come down to the highest bid. Nothing else.
The whole thing has been a shambolic mess though not that anyone is surprised.
Quite possible but if they want they can brute force this thing and take Ratcliffe out pretty swiftly if they wish (not murder him
)I think they are just trying to set a precedent of not overpaying because it will quite possibly have a knock-on effect in the future transfer business we do.
I remember listening to a podcast where there was someone on there who interviewed Woodward and he had told them how hard they drive a bargain (the ADM to PSG deal) these guys don't recklessly throw money around most of the time.
AI has reliably told me there a chance the Glazers might sell us to someone who could move the club to another star system.
Question with a better grasp of financial stuff.
If the Qatar valuation of the club was $6.3 billion and Ratcliffe valuation came to $6.5 billion what does that translate to in terms of share price valuation?
If the Qatar valuation of the club was $6.3 billion and Ratcliffe valuation came to $6.5 billion what does that translate to in terms of share price valuation?
Indeed. There's only so much you can spend in the running of a football club anyway, you certainly don't need oil state wealth. Look at Boehly - he's already spent hundreds of millions on players and has committed over a billion on infrastructure redevelopment. Oil state owners can't really do more - all that can be done to improve on it is to spend the money more wisely and bring proper expertise into the club! I don't see any evidence that Sheikh Jassim is better placed to do this than SJR!
No, honestly mate, that’s not correct or fair.
It’s about getting rid of the Glazers and the debt - that’s it.
If Ratcliffe came out and stated that he wants 100% and will clear the debt, fans would have him as first choice. I assure you.
Keeping the Glazers, praising them as people is what has (rightly) turned fans against him.
It has utterly nothing to do with Sportwashing - it’s to do with what is being proposed by Ratcliffe and the Glazers.
Just no DDG
Absolutely
Bing is a real tease. It did say the trip would kill traveling fans thoughWell, you got me convinced.
I guess we could have rationalised Malcolm Glazers deal the same way. He just outmanoeuvred everyone when he spotted the opportunity ie LBO when everyone else didn't?
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