Club Sale | It’s done!

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I don’t think he has 4-5 billion lying in his bank account so, unless he sells a stake in INEOS, he needs to get the cash for the purchase from somewhere. Most likely that will be debt funding (in line with normal business practice). And that’s without considering funding for the stadium upgrade/rebuild.
We're gonna be owned by INEOS, he's just the Chairman and CEO of the company so he's the man fronting it
 
My understanding was that the debt would move off United books onto the Ineos books, which would mean using that the club are able to operate without that debt affecting ffp, transfer budgets etc.

That's what it sounds like and it would make far more sense for Ineos to do that than burden it on the club anyway. They make huge profits and putting some debt on the business to avoid tax on the repayments (and reduce the tax Ineos pay) would make more sense than putting it on United where there's little / no tax benefit.
 
Glazers will be still here for feck sake
As shareholders with 0 power, like if the Glazers don't want to leave just yet what more do you want? By all accounts it seems they'll be out the door permanently in a few years but until then at least they'll have 0 power.
 
How is a whole rich state getting beaten by INEOS, who need a loan to buy 50% of the club?

HAVE SOME SHAME!
 
I have seen this a few times now and I just don't get it how does it make any sense. So if Qataris take over, Old Trafford will suddenly turn into lifeless Emptyhad or what? How is that supposed to work?
When you're owned by a state, I'd say it's harder to feel any genuine sense of pride or accomplishment when the team wins anything.

City fans almost seemed like they couldn't even give a feck when they scored during the game I was at (Leicester). Success seems to have become pretty meaningless to them.
 
Surely they can't just keep firing in more bids. What was the point of this long drawn out process with deadlines and all?
Do you think the Glazers would at any point turn down more money?
Raine rejected Sir Jim’s bid for Chelsea after the deadline, I don’t see why this would be different?
 
When you're owned by a state, I'd say it's harder to feel any genuine sense of pride or accomplishment when the team wins anything.

City fans almost seemed like they couldn't even give a feck when they scored during the game I was at (Leicester). Success seems to have become pretty meaningless to them.
Just over a decade ago they had no fans (and even now have to give away tickets to fill their stadium). How is it comparable to us? We have a loyal fanbase, millions of people. Whoever will take over will not change that in the slightest.
 
Thats a big, some would say racist, statement
No. Someone who doesnt understand nuance and subtlety would say its racist. Someone who believes where the money is coming from would say its factual. Never said an individual or a group itself is a terrorist.
 
Not sure how that is an update. The Glazers and their bankers are willing to discuss the details of a sale, I mean what exactly have they been doing for the last two weeks since the final bids came in? Do the Glazers not have a phone number for Raine or is it perhaps just the general customer service number and they have been in a queue for 2 weeks being told how important their call is to Raine and a representative will be with them shortly.
Discussing details is the preferred bidder/exclusivity stage. Until now, it's been basically top line proposals. Now they have to get into all the fine details.
 
No. Someone who doesnt understand nuance and subtlety would say its racist. Someone who believes where the money is coming from would say its factual. Never said an individual or a group itself is a terrorist.
Oh come on now. It was implied & you know it.
 
It means they are picking Ratcliffe to enter into final negotiations basically. That was always going to be the next step, picking the final party to do this with.

Sure, but if you read the article it is fairly clear the source is Ineos and not Raine or the Glazers. The reference to one of the Chelsea bidders assuming they were about to be named preferred bidders before being dumped for Boehly is the real giveaway that Lawton and Dickinson have been briefed by SJR or someone close to him.
 
Clubs fecked under Jim he can’t even compete in a 1 club league in France

He clearly doesn’t have the type of funds needed to compete at the very top and he’s gotten into bed with the Glazers it seems
 
Sure, but if you read the article it is fairly clear the source is Ineos and not Raine or the Glazers. The reference to one of the Chelsea bidders assuming they were about to be named preferred bidders before being dumped for Boehly is the real giveaway that Lawton and Dickinson have been briefed by SJR or someone close to him.
Which would indicate then that INEOS have word from the Glazers and/or Raine that they've been chosen, no?
 
if the Qataris were serious, this wouldn’t be a contest. The fact that it is could mean they really aren’t and fans should not get their knickers in a twist. Jassims father’s comments are telling and maybe fans should just take things for what they are.
 
If he wins it and starts changing everything it’s not necessarily a good thing. We seems to actually be building something behind the scenes with people who know where the line is between football and business.
Add to the fact that all his men have made a feck up of it in France then that worries me more.

If he comes in, clears the debt, realises the project already started and helps with that then I’m all for it.

Manchester United should be different from the City’s and PSGs of the world. Even if it means sacrificing signing all the top players. We can still be successful if we build on an *actual* strategy.
 
This is the content I’m here for! Great stuff!

Can’t wait to get your reaction after this takeover is a complete failure

Hes struggling to compete with Clemont Foot for a top 10 finish in France. You think he’s taking United to the top?
 
Clubs fecked under Jim he can’t even compete in a 1 club league in France

He clearly doesn’t have the type of funds needed to compete at the very top and he’s gotten into bed with the Glazers it seems
There no evidence the other guy does either.
 
Raine rejected Sir Jim’s bid for Chelsea after the deadline, I don’t see why this would be different?

The difference was it was a hard deadline due to the special circumsances surrounding Chelsea, not least that the club effectively would cease to be able to operate without a bid being completed in a very compressed time frame. The Glazers can do whatever the feck they want and have done for almost two decades and so it is entirely plausible they would drag this on into next season if they think they can make more money by doing so. I do think they have reached the critical point and risk losing money by not committing right now but who know what those cnuts will do honestly.
 
Just over a decade ago they had no fans (and even now have to give away tickets to fill their stadium). How is it comparable to us? We have a loyal fanbase, millions of people. Whoever will take over will not change that in the slightest.
It's not just about the fanbase, though. It's about the sense of identity surrounding the club, and what the club represents.

If we were to be under state ownership, that would in my opinion irreparably tarnish the club's identity. I'd go so far as to say I don't really see how anyone could argue otherwise. Although this isn't just a Qatar thing, the fact that the state in question engages in severe discrimination against migrants, outlaws homosexuality, and still promotes a number of gender imbalances, amongst other things, makes this feeling even more strong.

I'm not here to say Sir Jim and INEOS are some saints before anybody hits me with the "But global warming!!" argument (although Qatar aren't exactly fantastic on that front either), but I'd rather be owned by them than by any nation state.
 
I don’t want Ratcliffe anywhere near United because of his dirty history as a businessman. A proven lier. Someone who’s willing to walk over dead bodies whenever he sees an opportunity. Living in Monaco to avoid taxes despite his strong and vocal Brexit stance.

What more do we need to know to understand what we get?

Seeing him as our new owner would be my biggest disappointment as a supporter for this club. I can’t think of a worse outcome and I’m begging to higher Gods this’ll not happen. Nightmare is an understatement.
 
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