Genuine question to anybody that might know - if the Qatar bid isn’t clear at this stage after 3 bids will Raine not just dismiss it as not serious like the pay did with the Zilliacus ‘offer’? Seems an odd state of affairs after 5 months.
Then do explain, rather than just throw your toys out of the pram and poo-pooing any suggestion that maybe British richest man is more than an useful idiot to extract as much money as possible out of the Qatari.
Seems like they haven't updated their valuation for over a decade.@ £1.3Bn
A single emoji, great explanation.
Yes, if reports are to belived, his offer is around 3.3b dollars for a 51% stake.
What reports?
INEOS’s offer are either a full takeover (69% of class B shares the 6 siblings hold collectively) or a 51% controlling stake leaving the two reluctant holdouts as minority investors, with options to sell their shares at a premium in 2 years. There’s nothing to suggest from media reports that they are unwilling or unable to buy out all 6 if the Glazers were to agree. It’s those who have convinced themselves that nothing but Qatari money would suffice who invented the myth that Jimbo is keen to get into bed with Joel + Avram since he doesn’t have the means for a full buy out.
Well said! I'm sitting here wondering what I've missed. I have no idea where some posters are getting their info from.
No it isn't and can we not?
Yeah, that misinfo has been spreading around the united fan groups and channels and repeated Ad nauseum.
$6.5b committed to buying a club that will make him feck all return, yet we've got big football minds on Red Cafe claiming he's just another Glazer or can't afford to improve the squad/facilities
They must think Ratcliffe is an absolute dunce, rather than an incredibly wealthy and successful individual.
Buying a football club is very much like making love to a beautiful woman, lots of gentle coaxing and being told to give more. Then, finally, when you've made your deposit, you realise you're sleeping in a sticky, uncomfortable mess.
I'm sure $6.5b is just the SJR's valuation of the 100% of the club, but if he's buying only the 51% or 69%, the offer would be lower proportionally. Your other points still stand though.$6.5b committed to buying a club that will make him feck all return, yet we've got big football minds on Red Cafe claiming he's just another Glazer or can't afford to improve the squad/facilities
They must think Ratcliffe is an absolute dunce, rather than an incredibly wealthy and successful individual.
Fan channels have been a pain throughout this whole process. So much clickbait and misinformation.
$6.5b committed to buying a club that will make him feck all return, yet we've got big football minds on Red Cafe claiming he's just another Glazer or can't afford to improve the squad/facilities
They must think Ratcliffe is an absolute dunce, rather than an incredibly wealthy and successful individual.
We have multiple times showed that the claim of "thousands of deaths" is flase. You can read our detailed explanation in the Qatar wc thread about it.
Have we had fraud yet?
Exactly this. Joel and Avram possibly have some attachment, but more importantly it seems that they do not think that now is the time to sell. They still want to be invested in Man Utd specifically, they don't want to cash out close to a billion and go looking for other assets that could appreciate at a similar rate. The other 4 siblings disagree and would rather have the cash now to go invest in something else that they think will compound in value at a faster rate.
Bids (the reported $6.5b) are made for the valuation of the company as a whole, which is basically just a price per share that is set. Then it's how many shares are they buying. Any bidder can only offer to the Glazers a maximum of 69% of the shares. Ineos has reportedly made an offer with two options. One for the 69%, one for the 50+1%. The amount that the 4 siblings that want to sell would make on each option would be the same.
