Even if we take the deep, penetrating business insights you’ve outlined there as true, it doesn’t change the fact (if the reports are accurate) that the Qatari bid is still short of the Glazer’s demands. And it would’ve likely been even further away had INEOS never taken part in the process.
Club Sale | It’s done!
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Let's face it, it is an emotive decision to buy United on Ratcliffe's part. But he was smart enough to compromise and jump in bed with the devil to get it over the line.
/shrug
All the oil money owners upheld their share of the bargain. Even Abramovich did a great job looking out for Chelsea's future when he left. If I had to bet, I'll bet that the Qataris will pull through on the additional investment over time than Ratcliffe not throwing the club under the bus with more debt service / dividends.
I’ve said it before and I’ll say it again - the Glazers haven’t accepted a bid yet. And whatever about ‘jumping in bed with the devil to get it over the line’…it doesn’t change the fact that the Qatari bid still doesn’t meet the Glazer’s demands.
Ratcliff was last seen with the batsignal. Everything falling in place
The difference there is that the pledge of future funding was a stipulation of the Chelsea sale. It isn’t in United’s case.
(Boehly has already pissed a lot of that spending up the wall, but that’s besides the point)
I read this news as a positive for Jassim.
Well this thread has taken a huge negative turn. Can’t blame people to be honest. 18 years of parasite owners who weren’t rich enough to buy us in the first place followed possibly by a guy who also isn’t rich enough to buy us (outright), will keeo the debt with Ineos, keeps the Glazers on and has made no commitment to rebuild OTs infrastructure. He’s just giving off meh vibes whereas the club needed a bit of a revolution.
However let’s wait and see how things go. It’s mostly media talk right now
However let’s wait and see how things go. It’s mostly media talk right now
Leak could only have come from the Glazers camp though. Usually this would happen when you need a complete sale but want to squeeze a bit extra from the buyer. There's no other logical reason/upside for the Glazers to leak at this point and cause toxicity with the fans when they can just keep shtum until whatever happens happens. My guess is they want Jassim to buy, but to pay a bit extra.
Shouldn't you be in the EtH thread spouting your crap about wanting rid of him? Nothing you have to say should be taken seriously on here after reading that the other week.
Been out all night. Seen Keegan saying Ineos valuation higher. Are they favourites now? Are they supposed to be doing a full bid or keeping Abram and Joel on?
He said what??? This can’t be true.(Rushes to the ETH thread).
Going for 51% and keeping those goblins
Though I am highly sceptical of any of these leaks but James Ducker from Telegraph article states Ineos has also made bid for complete 69% stake of Glazer's as well as option of Glazer's staying as minority partner , while being the highest bidder by significant margin .
Well if he has control I suppose it's better than just the Glazers but if they Keep control then it's a nightmare.
Obviously a full takeover is better but tbh something is better than nothing I suppose. Maybe they'll slowly be pushed out if we gain value
Very fair post mate.
I don’t trust Jim Ratcliffe one single second.
That’s why an ownership with him in charge of a football club I love and a life long passion I have would be my biggest nightmare.
This man represents the worst form of a business partner you can ever imagine from my experience. Disloyal to everyone and everything. A proven lier. Someone who delivers bold promises and then the next second do the complete opposite. Simply a man I never ever would want to do business with no matter what. A rattle snake dressed in a suit.
His initial bid and his following written statement was in vague words and created more questions than answers. That’s a red flag that’s really hard to ignore.
Since then nothing has fundamentally changed. Still no significant commitments and no real clarifications.
One of my oldest colleagues learned me a valuable lesson early in my career - walk away from a deal if you don’t feel comfortable with the person you’re dealing with or if you don’t fully understand what the deal is all about. That’s one of the wisest advice I have ever got.
That’s why an ownership with him in charge of a football club I love and a life long passion I have would be my biggest nightmare.
This man represents the worst form of a business partner you can ever imagine from my experience. Disloyal to everyone and everything. A proven lier. Someone who delivers bold promises and then the next second do the complete opposite. Simply a man I never ever would want to do business with no matter what. A rattle snake dressed in a suit.
His initial bid and his following written statement was in vague words and created more questions than answers. That’s a red flag that’s really hard to ignore.
Since then nothing has fundamentally changed. Still no significant commitments and no real clarifications.
One of my oldest colleagues learned me a valuable lesson early in my career - walk away from a deal if you don’t feel comfortable with the person you’re dealing with or if you don’t fully understand what the deal is all about. That’s one of the wisest advice I have ever got.
Just get rid of the Glazers being in control and we will be good.
If that was offered 2 years ago we would have all ripped off our pinkie toe for it.
If that was offered 2 years ago we would have all ripped off our pinkie toe for it.
But isn’t this the final bid? I don’t see any point in posturing now? It could be that they want a partial sale and for Ineos to grow the club even more before they get a bigger buck for the balance share. Then it becomes a game of cat and mouse with Ineos not wanting to invest to pad the glazed share. Hopefully we don’t get stuck in that limbo.
Things like that are why a compare sale preferable
I don’t trust Jim Ratcliffe one single second.
That’s why an ownership with him in charge of a football club I love and a life long passion I have would be my biggest nightmare.
This man represents the worst form of a business partner you can ever imagine from my experience. Disloyal to everyone and everything. A proven lier. Someone who delivers bold promises and then the next second do the complete opposite. Simply a man I never ever would want to do business with no matter what. A rattle snake dressed in a suit.
His initial bid and his following written statement was in vague words and created more questions than answers. That’s a red flag that’s really hard to ignore.
Since then nothing has fundamentally changed. Still no significant commitments and no real clarifications.
One of my oldest colleagues learned me a valuable lesson early in my career - walk away from a deal if you don’t feel comfortable with the person you’re dealing with or if you don’t fully understand what the deal is all about. That’s one of the wisest advice I have ever got.
That’s why an ownership with him in charge of a football club I love and a life long passion I have would be my biggest nightmare.
This man represents the worst form of a business partner you can ever imagine from my experience. Disloyal to everyone and everything. A proven lier. Someone who delivers bold promises and then the next second do the complete opposite. Simply a man I never ever would want to do business with no matter what. A rattle snake dressed in a suit.
His initial bid and his following written statement was in vague words and created more questions than answers. That’s a red flag that’s really hard to ignore.
Since then nothing has fundamentally changed. Still no significant commitments and no real clarifications.
One of my oldest colleagues learned me a valuable lesson early in my career - walk away from a deal if you don’t feel comfortable with the person you’re dealing with or if you don’t fully understand what the deal is all about. That’s one of the wisest advice I have ever got.
Of course. But at the same time this is a huge moment for the club and could decide it’s fate for the next 20-30 years so obviously people want the best alternative even if the priority is to get rid of the parasites.
That still makes no sense. Let’s say they think $1bn could become $2bn over a 10-20yr period. They could make that kind of money by taking the $1bn now and investing it in much more lucrative industries than football.
The extra $500m or $1bn it would take to meet the valuation is a good chunk of the stadium cost we need to spend. It’s not like those amounts are insignificant to anyone.
What you write is what you want to happen. But he has not cleared anything and that's why people are worried. The debt, which is the most crippling thing for us so far, has not been mentioned by him but you want to assume it will be transferred or cleared because it's SJR? Would you have the same trust if it was some hedge fund buying us?
This clearly shows your bias and none of the points you mentioned have been clarified. So stop calling everything "sportswashing" when clearly you don't understand why most fans are worried about the future of the club should Ineos buy us especially with some of the Glazers remaining.
What are you talking about? I never said why is he buying us with debt. I asked what is his plan regarding our existing debt, our infra improvement needs, our teams? None of which has been clarified by him but you are all blindly following him because he's a local lad. Bet you would think differently if it was a US hedge fund going down this route.
Not everything is "sportswashing". It's amazing how some of you cannot see the concerns of fans as Ineos has not called out anything regarding my above points unlike Qatar.
Yeh it was after the Sevilla match I think, he has his profile locked so I can't go on there to find them to say exactly what he said, but he said it alright.
Just bringing a new potential point we may have all missed to the discussion.
We’ve been saying all along that the glazers have been using the media to get Jassim to up his bid , is it not far more likely considering the business links The Glazers have in QAtar and seemingly good relations that this whole Jassim bid has been a plant by them to extrapolate as much money as possible from SJR.
Think about it, random guy from Qatar suddenly has extensive cash to spend on a football club, not much known about him if anything.
Emotional black mail on the fans - is a fan himself like Jim, 92 foundation etc?
All along could it be that SJR is the only possible buyer and all of these other offers including Jassim are part of an elaborate media circus to get as much money from SJR as possible.
We’ve been saying all along that the glazers have been using the media to get Jassim to up his bid , is it not far more likely considering the business links The Glazers have in QAtar and seemingly good relations that this whole Jassim bid has been a plant by them to extrapolate as much money as possible from SJR.
Think about it, random guy from Qatar suddenly has extensive cash to spend on a football club, not much known about him if anything.
Emotional black mail on the fans - is a fan himself like Jim, 92 foundation etc?
All along could it be that SJR is the only possible buyer and all of these other offers including Jassim are part of an elaborate media circus to get as much money from SJR as possible.
Random guy? The son of the former prime minister of Qatar?
Random is the Finnish dude based in Singapore.
Yep, my mate mentioned the same theory last night. It literally seems like everything about this Sheikh Jassim bid could have been created by ChatGPT
Btw, your post is probably more appropriate in the actual sale thread rather than this protest one. There should be a better hit rate at rattling cages in there
Oh yeah our rivals are buzzing at him owning us particularly Spurs or scousers who could now get the Qatari ownership
This is the sale thread....Yep, my mate mentioned the same theory last night. It literally seems like everything about this Sheikh Jassim bid could have been created by ChatGPT
Btw, your post is probably more appropriate in the actual sale thread rather than this protest one. There should be a better hit rate at rattling cages in there
Ah yes, my bad.
As opposed to people not asking where INEOS’ owner git his money from. Don’t get this attitude people have towards the middle east. Seems like white people money is somehow cleaner than brown people money. Smacks of racism. No billionaire is going to be completely clean.
For what it's worth, and it may not be a lot, that Phil Brown guy with his podcast was on Martin Kelner earlier and stated quite confidently that Joel and Avrams 23% stake would be converted to the lesser A shares, effectively ending Glazer control of any sort.
So, if we imagine for a moment this is accurate, how would you feel about this? They wouldn't even be on the board, they'd be no different to someone buying up a single share for each of their kids interns of their influence over the club (I recall someone earlier in the thread actually did this).
So, if we imagine for a moment this is accurate, how would you feel about this? They wouldn't even be on the board, they'd be no different to someone buying up a single share for each of their kids interns of their influence over the club (I recall someone earlier in the thread actually did this).
Where does Ratcliffe get his money from?
Probably his business of I had to guess. Could be his dad though, orthe British government who are all called Ratcliffe aren't they?
Oh, right.. that's the Qataris.
I think rather than racism, this is implying that Qatar is most likely a state bid as there is a huge question over where a private individual who was not well known has got north of 5 billion quid.
Where as with Ineos’s money is quite easy to see where it comes from and unsurprisingly, it’s not pretty.
Not supporting an oil state does not equate to racism.
I still believe it would be a full sale to Either Ineos or Qatari's , unless Joel and Avram actually value prestige of being United's minority owners than actual money on the table because unless whosoever buys United now decides to put United back in the Market 10 years down the Line I just don't see remaining Glazer's share getting any substantial return on what they are getting offered right now .
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