Yeah think you are spot on
Club Sale | It’s done!
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Yeah think you are spot on
They keep making money from oil and gas at the moment, profits from other investments are minimal by comparison, I'm talking about in the next 20-30 years, as a new generation is born, if they grow up with a country that's closer to the west they're likely to have more liberal values.
The example i used of Saudi Arabia, women have had increased rights the last 5 years and this has come with closer ties to the west, it might make us feel morally superior to tell them until you share our values exactly you can't invest in any cultural assets here, but isn't it better for the women in that country to have had increased rights, even if the cultural ties make us uncomfortable initially. Is our discomfort more important than tangible benefits for people in these countries?
You mean the company dumping toxic waste into the city’s canals, that custodian? They’re a faceless corporation, and Ratcliffe is an opportunist who also tried to buy Chelsea.
Qatar will still win this. Now they know the number they need to beat.
Do they feel excluded from buying fuel for their vehicles because it comes from the Middle East? Do they feel they can’t got to shopping centers and restaurants because they are Middle East owned?
I totally get the point about exclusion if Qatar comes in and bans homosexuals from old Trafford or chases them down the street and chops their hands off for wearing a United top. But none of that is going to happen.
The LGBT community is not going to be excluded from anything at all as this is England and not some backwards thinking country.
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I don't see how they would feel excluded, while I don't agree with certains laws and customs in Qatar, unless those rules were imposed in the Manchester I don't see how they would feel excluded. Surely they would just be against the laws and customs in Qatar?
But let's say that you have a point, if INEOS wins what would you say to EU members and in particular central and eastern Europeans that have been targetted and villified by political movements supported by Ratcliffe. Those people could feel some type of way about something that actually happened in the UK.
Nah they have left it too late
What an absolute shambles.
The Glazers really are cretins.
The Glazers really are cretins.
It's all well and good that those clubs perform those celebrations, but the fact remains that their successes and their activities are funded and driven by regimes who believe that members of the LGBT community should not have the right to publicly express their sexuality.
You need not take my word for it that Manchester United supporters from the LGBT community are concerned at the prospect of Qatari ownership of the club, though. Below is an article from The Independent presenting concerns expressed by the LGBT supporters group Rainbow Devils:
https://www.independent.co.uk/sport/football/man-utd-takeover-lgbtq-qatar-b2284897.html
Soon find out.
The company can issue new shares to him if he invests more funds and those funds will result in an increase of hi shareholding. There nothing stopping him from investing £2b into United for the stadium and debt, that will simply raise his stake in the club to maybe 70% and as majority shareholder nobody can stop him from doing that.
I am comfortable with either bidder and not overly fussed that the Qataris haven't won. I was a bit worried that we could spend the whole summer with Jassim trying to prove his complete separation from the state, Sir Jim won't have such issues so it will be a smoother takeover.
SJR has outsmarted the Qataris, he has read the room and perfectly exploited the Glazer divide to his benefit. He is coming up tops without spending top dollar because he will pay £2.5b to £3b and any further money he will spend on the club would be investment into the team and facilities something Shiek Jassim could have done but he wanted 100% of the club without really paying up.
To me this is a far more positive outlook than the likes of Elliot propping up Joel and Avram and further entrapping the club in debt. There is no way INEOS is dropping a couple of billions into United and then not invest into making it one the top clubs again.
Can you tell me the Euro Millions numbers for next week please.
This mighty saviour from Qatar that you're practically begging for can't even outbid Sir Jim thus far and yet you're confident they can take us back to the glory days?
Make it make sense.
jajaa jajaa
To my knowledge, Ratcliffe has never expressed a belief that EU members should not have the right to exist within this country. This is therefore a false equivalence.
I do not agree with Ratcliffe's views on Brexit but to suggest they're comparable to Qatar's outlawing of homosexuality is, frankly, laughable.
Nothing has been officially agreed yet. It’ll be music to the Glazers’ ears if they are willing to increase their offer. They’ve dragged this on for a long time now and I’m sure they won’t care if they need to drag it a bit further if it means more money being put on the table for those parasites.
What a shit day I've had at work, and then to find out that Rashy's likely injured for tomorrow and finally to read that "Slippin Jimmy" is about to become the preferred bidder. Off to the pub, which, as I'm in Stockport, is rammed full of Under Armour wearing City fans.
Would love Roman as chairman. Your fired. No your fired.
Oh wait Boehly already did that
And there is no way they would use up all their liquidity in funding half the bid.
An INEOS bid is obviously different from the legal piracy that the Glazers pulled off in 2005. But it will be funded by debt at the end of the day. From a business perspective, there is nothing wrong with that (I work for a company much bigger than INEOS and there is no way we would fund a 5bn acquisition from existing resources as it makes no economic sense) but it does put (indirect) strain on the club. INEOS debt won’t be cheap either - they only have a BB rating (In USD, that’s around 180 bps spread over treasuries; in sterling the total rate is probably horrific). Better than the Glazers for sure but I’m sceptical how we are going to both compete on the pitch and upgrade decrepit infrastructure.
Aight let’s see. I very much doubt it until they own the vast majority of the club which could be years away
He bid for 69% and he bid for 50.1%. This has been widely reported. The only reason he bid the 50.1% option is because Joel and Avram don't want to leave at the price that the others are willing to take. So Jim offered them a chance to leave at a higher price in 2-3 years. The 50% option has NOTHING to do with him not having the money. At this point, it appears that this is the ONLY way to get the Glazers out of power. There is not another option that the Glazers will accept.
And yes, majority owners invest their own money all the time. Usually doing so increases the percentage of the company that they own.
You're comparing buying fuel for a car, which for many people is practically a necessity, to supporting a football club. Again, these comparisons are so ridiculous it's barely worth engaging with them.
It speaks volumes to the fact that people can't offer a reasonable defence that their position, consciously or not, is that the club's owners spending more money matters more to them than the sense of inclusion that LGBT supporters feel at Manchester United.
Unless I'm reading this wrong, don't think the Qatari's trying an 11th hour bid is relevant to the Glazers. Unless it's a WAY over Sir Jim's. Appears to me the Glazers rather the 20 percent hold rather than cash out entirely. I think Sir Jim wins this either way.
I guess you don't understand what petrochemicals are then?
One thing is for sure, Redcafe would have one hell of a mental gymnastics team.
pretty much how I feel. I'm not a fan of Ratcliffe by any means, but I'll happily take him over both the Glazers and Qatar.
I rather stay with the Glazzers than go to Radcliffe. At least the Glazzers are looking to sell, Radcliffe is going to feck us up even worst. Hopefully Qatar make a last minute attempt.
I don't think they have the funds mate. This isn't a state funded bid. I think it's a group of wealthy investors who have a limited budget. Why else would they try to haggle instead of just paying the asking price?
He supported Brexit which was a Ukip policy based on throwing EU citizens out and calling them parasites.
I love that this word has made it into people's actual vocabulary! Amazing!
Yeah he's shit and seems by far the best.
Imagine turning down extra money because of a deadline you made up?
As many others have stated, majority owners commonly put money into their company and they avoid gifting it to minority shareholders by taking equity in returning, diluting each share, but increasing their overall percentage.
There is no chance that INEOS refuse to invest because they only own 50 or 69% of United.
It made it into the dictionary a couple of years ago
Straight shoot out now. Stump up the money or it’s Ratcliffes
I think you are right.
Also Sir Jim famously called the Glazers gentlemen. If that is in anyway true then they will honour any discussions with INEOS rather than dump them for more moolah. There’s a certain etiquette to doing business.
It’s also telling, the reports about Qatar not hearing back from Raine since the bids went in.
Well that's the Glazers all over, principled honest people who aren't swayed by money
Come on Jassim, we need you!
Come on man, you are better than this.
Again, I believed at the time and still ardently believe that Brexit was a mistake, but there were arguments in its favour that were not "I want to chuck out all of the EU citizens".
Comparing support of Brexit to Qatar's laws on homosexuality is a ridiculous false equivalence, and I think you know it is.
Not having a go at you btw. I get a bit pendantic at times and I started to annoy myself to be honest.
It is grim.
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