my worry is if they are getting in bed together maybe Sir Jim will have to give up some allowances (eg promise of dividends)
Club Sale | It’s done!
- Thread starter JB08
- Start date
- Status
my worry is if they are getting in bed together maybe Sir Jim will have to give up some allowances (eg promise of dividends)
Almost as if they are telling fans what they want to hear to weaponise their sentiments…
Then they obviously don’t want that 100% bad enough.
The Glazers are like feckin' herpes then.
Not sure why you're asking me. I obviously don't know do I?
No, Qatar offer is for 100%
if he has tve majority og shares he can straight up just tell them no?
Fair comment
In reality that's 69% the Sheikh is going for. Buying up the remaining 31% is just a promise for the future, might take years and might not even be possible.
Isnt that just Crafton’s interpretation though? The first march for selling the club hada big banner with Sir Jim’s face on it, so im not sure the 1958 is taking any sides really
Full sale only has been what they've said since before the Qatari's were even a bidder though? And at the start, Ratcliffe was after a full sale too?
Yeah, I was mainly quoting it for the interview the 1958 gave in the second tweet.
yeah true, if you have majority you can pretty much do whatever you like
I still worry about the cnuts staying though
Yeah, and?
Well he can soon change that by flat out denying any desire to keep those leeches at club
That's not the way it works though. They both submitted offers for their valuation of the whole thing which gets ratioed. I don't think there will be a great deal in it (probably like £200-400 million in overall valuation). Ratcliffe will be proposing a little more and the incentive for J&A to stay in some capacity as a compromise to try and weasel his way in.
... By giving the Glazers more money for less shares.And yet he outbid them.
So that the 2 brothers that are reluctant to leave can stick around and sell their shares in the future, as they predict it'll be worth significantly more in a few years.
They would however, lose control over the club.
Cayman companies law has squeeze out provisions like the UK, meaning once an offeror holds enough shares it can buy out the minority on the same terms. Getting to 100% wouldn’t be difficult once you own 69% as the other shares are held by hundreds of people rather than one.
exactly.Thanks for the info. What if a lot of minority shareholders weren't interested in selling, though?
Have the 58s launched their fearsome Queen's Gambit yet?
And that means nothing if the Glazer’s demands aren’t met.
You’ve got in the wrong way around. The 50+1 offer contained within the bid just reflects the long rumoured reality that 2 of the siblings don’t want to sell or at least are very reluctant to. It’s not some trick Ratcliffe has pulled out of a hat.
Pardon me. Putin is white, I forgot. So difficult to raise the racism card then. Sort of.
You are in all seriousness equaling Ratcliffe to Al Thani, both being "business men", while you build your argument on some rubbish about racism and being anti Middel East - totally ignoring the fact that the Al Thani family have ruled Qatar since the late 19th century and been treating their countries resources as their own private property (yes, I know they were also a British protectorate for a long period). But for you he is just another business man?
And countries in the Middle East most be pretty anti Middle East themselves, btw, as Qatar in 2017 were blocked by Saudi Arabia, Bahrain, Egypt, UAE and afterwards also Jordan + other countries such as Maldives, Mauritania, Djibouti, Senegal and Comoros. Why? Because of Qatar's close ties to Iran and their support of radical Islamist groups.
But hey, their are going to build us a new stadium.
Last edited:
Yeah his constant bloody silence is the problem,he should have said there were plans to clear the debt and not keep those leeches either but nope he said nothing
who cares, if they have nothing to say and Jim/Ineos have the majority. They’ll have nothing to say in the daily runnings and Sir Jim can just say no to dividents. In the end they’ll do no harm that way.
its basically just a stake they own then, which they can cash more in on later if they can find a buyer. No one seems to be harmed.
we basically dont know many details, so 1958 being against Jim seems strange to me. Im not sure they are neither - they started out by having a big banner of him in the protests first time around.
Logically I cant fathom the 1958 wanting a hollow sheik club neither. Most are probably die hard fans, so an even more hollow move than the Glazers doesnt seem logical to me.
Yes it is. It's him compromising to attempt to gain control. It's his only chance.
He is Avram or Joel undercover in the caf.
That piece really doesn’t read well for the 1958. Especially the answer about being able to force the Glazers out but not influence the new owners.
What is the best for the club is really getting lost in all the Glazer out hysteria and hyperbole. Sad to see.
It’s publicly traded, you and I can go buy shares today, likewise a bidder can build up an interest by hoovering up shares that are being sold everyday, I don’t know how the deal is structured on SJs side but it could be an offer to all shareholders, private and public, to make us if the squeeze out.
Then I would not put my hands in the hands of the most hated football club owners in the world.
Control is control. The Glazers will be gone in all but technicality.
If Glazers stay in any capacity I don’t want Sir Jim at all. I don’t really want him anyway as he doesn’t have the wealth needed to get us back to the top.
Unless we are going to be completely debt free we’ll never get back to the top when money has never been more powerful in football, morals left a long time ago.
Unless we are going to be completely debt free we’ll never get back to the top when money has never been more powerful in football, morals left a long time ago.
Hence why I said technically mate.
I love United, but football isn't life or death for me anymore like it used to be and I'm only in my 20s. Ratcliffe is 70 years old.
If I had unlimited money, but the club I support wasn't on the market (and 1 year ago it seemed like it would be years, if not decades before United was going to be sold), then yeah, I probably would've showed interest in buying Chelsea, maybe I would've even made a bid.
Does that make me a fake fan in your eyes? If he wanted to buy Liverpool or City, it would be different, though, I agree.
You’ve said yourself that Raine is acting on behalf of the Glazers to sell their 69% shareholding and has no remit beyond that. At this point, 100% simply isn’t on offer.
Yeah…and?
The unfortunate reality is that it’s the Glazer’s club to sell, not someone else’s to buy. You also seem to continually gloss over the recently reported fact (assuming it’s accurate) that the Qatari bid falls short of both the Glazer’s demands and the INEOS bid.
NON. DISCLOSURE. AGREEMENT. FFS!!
I’ve no dog in this fight and don’t think it matters whether the new owner is a United fan or not, but since JR has put it in issue, do we know roughly how often he has attended United games in that time? I had a quick search and couldn’t find any mention. The helicopter flight from London to Manchester is around an hour, from my vague memory of the reports around the time Mata choppered into the training ground. It’s not like it’d make a dent in his bank balance. Does he attend United away games in London? What about if they’re playing, say, Spurs on the same night as Chelsea are at home? Plenty of opportunities for a corporate, if that was his thing.
I presume he has been attended United games in that time, even if sporadically, but if not, it’s fair enough for people to at least ask the question. After all, he’s making a virtue of his support. Otherwise, it’s a very thin line to skirt to suggest that he’s too busy to attend United games because billionaire.
- Status