Never said you said so. However, for some bizarre reason, we have posters here saying debt of the type we have is not a bad thing. All because there are others worrying/questioning that the potential JR takeover could also be with debt laden on our books.
Club Sale | It’s done!
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Just been listening to the BBC podcast (How to buy a football club) from today. Faisal Islam thinks we may get the Glazers turn this into an auction-type situation.
Simon Stone also states he has been told the Qatar bid is over £5 billion, unsure if with or without debt etc. (doesn't think so)
Simon Stone also states he has been told the Qatar bid is over £5 billion, unsure if with or without debt etc. (doesn't think so)
Possibly, if INEOS’ stewardship of the club turns out well. Would depend what they are protesting too, whether it’s a popular just cause and how clear their message is.
All true united fans totally agree with you, it’s not how badly we spent our own money under their guidance, it’s the fact that all they ever cared about was money and dividends, the current debt has never been paid off or significantly reduced yet they continued to milk the club until now where we are being much closely looked at by UEFA FFP new rules because of our debt and the risk to future amortised payments.
We could have rebuIlt a stadium over that period that dwarfed spurs and was 100,000 all seater state of the art stadium that would now be generating match-day revenues of nearly £150m per year instead of now being matched by spurs.at £105m we’ve just been so badly managed by owners who have had the unique opportunity to make serious money rather than continue to live off the clubs debt, the PL should never ever have allowed any leveraged buy out. It took these morons a decade to introduce a woman’s team and now they are trying to milk that too!
The ‘anti-Glazer clause’ as it was christened by the tabloid media was specific to the Chelsea sale. There is no industry wide rule that states a leveraged buyout is not allowed. Burnley have just been purchased using such a mechanism.
He’s just briefed that he has the approval of the Emir and PSG owner and they see this as one club in their multi club network
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Hey! He's also a father and husband
In the absence of the state, which appears to be attempting to masquerade as private investors, confirming that they are in fact, a state investor, I see no other way to confirm that they are state investors.
They'd be more than happy to ensure our summer was a write off
Then you haven’t been paying attention.
That's worked out wonders for Nice...
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Don't be, it's some random account with zero credibility.
We need more free thinkers and less 'journalists' /s
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If the shares are going down, then J&A will be losing money if they hold their A shares. Interesting to see if they opt for that risk.
Thanks for the info
His bid is reportedly approved by the Chairman of PSG (Al-Khelaifi - also chair of the QSI) and the emir. No reason for that unless it’s a state bid.
Joel and Darcie I think but yes good point.
I meant that there's talk that if JR takes over, the shares will be restructured to remove the A & B classing. That way if Joel and Avaram remain with 20% class A shares, then they can get squeezed out and also may lose a lot of money if the share value doesn't rise as they expect.
I guess that JR will have to guarantee them a premium for them to agree to that deal.
That was also in the press that it will be a 2 year period during which they can sell it at a premium. Is that going to be worth it to risk all the cash now for something similar or less in 2 years?
Something they will have to weigh up I guess.
NoYou’re an odd sort of self appointed post police, aren’t you?!
But they have been offered a premium for the remaining 20% they would still hold ABOVE the offered price now, so if there shares are indeed falling the have a 2 year window where they can cash out and still win. It’s a clever offer.
So if Jim wins then Glazers will not just stay as minority owners, they will have a say about club's business too?
A question to all of you who support SJR/Ineos.
What’s your fear regarding being owned by Ineos and the remaining Glazers siblings?
Are you 100% sure that in the future our current and new debts will not affect United’s finances in any way?
Do you honestly fully trust SJR and his intentions bearing in mind his previous track record as a businessman and political influencer?
My questions isn’t to be provocative or in bad faith but more so we can have a fruitful debate on pros and cons of both bidders. This isn’t a question about who’s better or worse. My interest is your general thoughts and fears about being owned by Sir Jim and Ineos. I don’t expect anyone giving black and white answers but it would broaden the debate to trying to view both bidders from to opposing perspective instead of just repeating same old arguments.
What’s your fear regarding being owned by Ineos and the remaining Glazers siblings?
Are you 100% sure that in the future our current and new debts will not affect United’s finances in any way?
Do you honestly fully trust SJR and his intentions bearing in mind his previous track record as a businessman and political influencer?
My questions isn’t to be provocative or in bad faith but more so we can have a fruitful debate on pros and cons of both bidders. This isn’t a question about who’s better or worse. My interest is your general thoughts and fears about being owned by Sir Jim and Ineos. I don’t expect anyone giving black and white answers but it would broaden the debate to trying to view both bidders from to opposing perspective instead of just repeating same old arguments.
So if Jim wins then Glazers will not just stay as minority owners, they will have a say about club's business too?
That's not what the article is suggesting, JR is wanting a say as soon as the sale is agreed. There will be weeks (possibly months) between an agreement and the completion of the deal. Ratcliffe wants power in that period.So if Jim wins then Glazers will not just stay as minority owners, they will have a say about club's business too?
I wonder if the Qataris underestimated JR and bid low thinking it would be enough. And if that’s true is there anything stopping them contacting the Glazers and saying right what’s he offered and upping their bid this week.
I don't think so. Glazers are proabably hoping they will
That’s understandable but I’m not sure the Glazers would allow that until completion. Both parties protecting their interests with the club caught in the middle.
Not sure about the above the current price, I read it was at a premium but nothing was mentioned a premium on what value.
Will be interesting to see how it unfolds, do they risk the cash on the table now for something in 2 years when JR could squeeze them out.
No.
I don’t think anybody would tell the bidders what the other bid is. That doesn’t seem a fair process?
Thats what the article says mate that they won't allow it.
The Glazers will do what gets them the most money
Its the final round of bids, but I dont think anyone is stopping a bidder offer more money.
Just like any private investor can still contact them and slump up half a billion more if they wanted.
This part is indicative of what they are willing to offer but its no means final.
Maybe they'll ask Jassim to change the structure or something, it's worth noting SJR just wants a controlling stake he might be offering below the asking price but more as a price per share, but Jassims total bid could be higher in total (just not per share) the Glazers including all family members might want a full exit so Jassim could still win anyway.
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