I own some!
Club Sale | It’s done!
- Thread starter JB08
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Also, as someone mentioned a bit ago, Ed Woodward owns a small part for some reason.
It's more that both bidders released a public statement, Jassim specifically said the club would be entirely debt free after his acquisition, huge investment would be made in the stadium, facilities and the first team.
Ratcliffe's said he was looking to buy the club and would hope to restore it to its former glory.
Now while we'd all love that, it just seems weird he wouldn't commit to making the club debt free or the infrastructure investment or the on field investments, the guys a billionaire and will clearly understand the value of pr and it just seems like such an open goal to miss, to not at least commit to clearing the debt in the public statement.
It doesn't mean he won't clear it, it's just strange that he wouldn't say it, when it would generate a lot off goodwill
I guess it's more the optics than it being an actual issue.
Incompetence has been the biggest issue. Fergie masked it by being a genius but once he left and they started making decisions, things have just gone to shit on an unprecedented scale.
They've spent a fortune, often in trying to cover up their incompetence and almost always in reaction to failure. Any semi competent owner would always have funds available at United, even if they never invested a penny of their own money. Obviously we would hope a new owner does invest in the infrastructure but in footballing terms, they wouldn't need to put a penny in and would still be able to compete financially with everyone.
None of that would matter of you don't have the right people on the right positions though. United have been worlds away from the best clubs in that respect and that is why we have failed. From the owners to the manager and everyone in-between, there's not a single person post Fergie until Ten Hags appointment you could genuinely say was at the standard needed to be the best.
I’m not going to conflate the issues of Qatar & sJR so if I look at sJR in isolation I find it startling how many Brits who will have been directly impacted by Brexit cheering for this guy, feck him.
And we comeback to what I initially told you which is very different to what you tried to suggest. They are not concerned about the LGBT community in Qatar but about a potential qatari takeover and its consequences for them in Manchester:
We have gone full circle:
Anyone fear Jim being a hands on owner?
BREXIT signings such as Kane, Rice, Pickford. Oh and Carrick/ Potter our next manager. Ugh think I prefer Glazers.
BREXIT signings such as Kane, Rice, Pickford. Oh and Carrick/ Potter our next manager. Ugh think I prefer Glazers.
But if the Glazers are staying because they think United can double their value that won’t be a short wait.
There’s no reason for either party to activate any clauses
Yes, they were given to him in recognition for his services to the club .
Some hedge fund has the majority then George Soros has a decent chunk of it. Then a lot of smaller investors and single share holders, likely United fans.
Things can't really get any worse can they ? SJR isn't my prefered choice as he's just another business man who's in it for his cut but we are going to have to give him a chance.
I can't see his ownership lasting as long as the Glazer's though, I think we will take a few steps forward with him and he will call it a day in a few years.
We are behind the likes of City and Madrid at the moment and I can't see us getting anywhere near them without some major investment, I'm talking billions here and the only people who can do that are either countries or the likes of Bezos as they're in a different league of wealth when you compare them to SJR.
Really?
Super league is coming. That’s what they initially wanted and that’s what they think will happen in a few years.
Not at all. I'm more fearful the Qataris would be like this.
Like its going to be so much better with Ratcliffe and INEOS..
The club will still have debt and INEOS do not know how to run a club by looking at Lausanne and Nice.
And they have not promised anything regarding upgrading Old Trafford or Carrington.
Wow what a huge upgrade..
B shares gifted when he left, he gets voting rights but not a massive amount.
Really?
About 8% or something.
Ive talked about this before . I am a Utd fan and a significant part of my life is spent watching, debating, thinking, cheering, crying about Utd.
I am not a member of LGBT and while I have no issues, I genuinely dont give a thought about the Qatari human rights issues. Apart from the Utd takeover, they just arent on my radar. That applies to many other injustices. Why are millions starving to death in Africa yet we want to spend billions on transfers. Why not give that to save lives.
The point Im trying to make is people can make it about one thing to the detriment of a thousand others.
So yeah that does make me in the camp of extras trophies is more important than moral debate. Maybe I would feel different if it affected me but it doesnt.
I did what all of us should have done. I asked Google Bard, has advantages over ChatGTP
The club is Manchester United.. prior prompts INEOS profits past 5 years, can they buy a premier league club valued at £5b on finance
Manchester United is one of the most valuable football clubs in the world, with an estimated value of £5 billion. The club has a long history of success, having won 13 Premier League titles and 20 FA Cups. However, in recent years, the club has struggled financially. In 2022, Manchester United reported a loss of £100 million. The club's debt is also high, at £535 million.
Despite its financial problems, Manchester United remains a very attractive asset. The club has a large and passionate fan base, and it generates significant revenue from broadcasting, sponsorship, and merchandise sales. INEOS would be able to use its financial resources to improve the club's financial situation and help it to return to its former glory.
However, there are some risks associated with buying Manchester United on finance. The club's debt is high, and there is a risk that it could default on its loans. INEOS would also need to make a significant investment in the club's infrastructure and squad. If INEOS is not successful in turning Manchester United around, it could face financial losses.
Ultimately, the decision of whether or not to buy Manchester United on finance is a complex one. INEOS should carefully consider all of the risks and rewards involved before making a decision.
How would you rate the likelihood of INEOS buying Manchester United on finance being successful ?
I would rate the likelihood of INEOS buying Manchester United on finance being successful as medium.
There are a number of factors that could contribute to the success of the acquisition, including:
The club is Manchester United.. prior prompts INEOS profits past 5 years, can they buy a premier league club valued at £5b on finance
Manchester United is one of the most valuable football clubs in the world, with an estimated value of £5 billion. The club has a long history of success, having won 13 Premier League titles and 20 FA Cups. However, in recent years, the club has struggled financially. In 2022, Manchester United reported a loss of £100 million. The club's debt is also high, at £535 million.
Despite its financial problems, Manchester United remains a very attractive asset. The club has a large and passionate fan base, and it generates significant revenue from broadcasting, sponsorship, and merchandise sales. INEOS would be able to use its financial resources to improve the club's financial situation and help it to return to its former glory.
However, there are some risks associated with buying Manchester United on finance. The club's debt is high, and there is a risk that it could default on its loans. INEOS would also need to make a significant investment in the club's infrastructure and squad. If INEOS is not successful in turning Manchester United around, it could face financial losses.
Ultimately, the decision of whether or not to buy Manchester United on finance is a complex one. INEOS should carefully consider all of the risks and rewards involved before making a decision.
How would you rate the likelihood of INEOS buying Manchester United on finance being successful ?
I would rate the likelihood of INEOS buying Manchester United on finance being successful as medium.
There are a number of factors that could contribute to the success of the acquisition, including:
- The terms of the financing are favorable.
- INEOS is able to turn Manchester United around financially.
- INEOS is able to improve the club's on-field performance.
- Manchester United's fan base remains supportive.
- The terms of the financing are unfavorable.
- INEOS is not able to turn Manchester United around financially.
- INEOS is not able to improve the club's on-field performance.
- Manchester United's fan base becomes disillusioned.
Alright, I'll bite: this really isn't the smoking gun you think it is.
Do you think the supporters' group would've bothered making that statement if their sole concern was "Will the Qataris continue to allow LGBT supporters into the stadium and the players to wear rainbow armbands"? People aren't daft; they know that Sheikh Jassim isn't going to fecking start implementing any anti-LGBT policies at Manchester United because of the hoo-hah it would cause.
This argument is about more than that. It's about whether LGBT players, staff, and supporters feel comfortable supporting and representing a club owned by people who don't believe in their right to exist. So, my response would be that we have indeed come full circle, because my response to YOU would once again be that, by limiting yourself to just whether or not the LGBT community will be allowed to continue supporting or representing the club, you are completely missing the bigger picture.
Them staying as minority shareholders will be like they are gone anyway. What is it that people don't get about that?
Do you know anyone who owns the 31% that is currently not owned by the Glazers? No. They will just be the same going forwards.
It will be Jim and INEOS. Glazers won't be partners. They will just be shareholders
Wow, that's really informative, so either it'll be successful or it won't be depending on whether ineos can improve our finances and on field performance, this AI stuff is really something
People here are really talking shit about things they know nothing about.
Typically, in a transaction like this where an outsider is buying shareholder’s interest, there are a number of things to consider. At 51%, Sir Jim would be the key decision maker if HE is personally buying the stake. If INEOS is buying the stake, then as a public company, Man Utd is an asset of INEOS, and therefore subject to board oversight. We don’t know wherethe offer is coming from, Sir Jim or INEOS. Sports journalists are awful about covering this because they don’t know which questions to ask.
To complicate things, in terms of capital injection for the stadium, transfers, the training ground, these are majority owner decisions. Any capital injected would either dilute the other shareholders with issuance of more shares or each shareholder would need to pony up cash equal to their stake to avoid being diluted.
It’s not ideal because of the lack of transparency. If it indeed is just Sir Jim, then it’s much less complicated to inject investment capital. If it is INEOS, then you are suddenly at risk to any downturns in their business.
There are a lot of issues with the Qatari bid from a political standpoint, but it seems zero complications on the capital injection.
I firmly believe that Man Utd should have the best club stadium in England, if not the world. Sir Jim’s bid may or may not affect that.
Typically, in a transaction like this where an outsider is buying shareholder’s interest, there are a number of things to consider. At 51%, Sir Jim would be the key decision maker if HE is personally buying the stake. If INEOS is buying the stake, then as a public company, Man Utd is an asset of INEOS, and therefore subject to board oversight. We don’t know wherethe offer is coming from, Sir Jim or INEOS. Sports journalists are awful about covering this because they don’t know which questions to ask.
To complicate things, in terms of capital injection for the stadium, transfers, the training ground, these are majority owner decisions. Any capital injected would either dilute the other shareholders with issuance of more shares or each shareholder would need to pony up cash equal to their stake to avoid being diluted.
It’s not ideal because of the lack of transparency. If it indeed is just Sir Jim, then it’s much less complicated to inject investment capital. If it is INEOS, then you are suddenly at risk to any downturns in their business.
There are a lot of issues with the Qatari bid from a political standpoint, but it seems zero complications on the capital injection.
I firmly believe that Man Utd should have the best club stadium in England, if not the world. Sir Jim’s bid may or may not affect that.
So.. What's happened? Please can someone tell me. Thanks.
What makes you think that ? I'm thinking SJR leads us down this path if he brings his mate Brailsford with him.
Thanks everyone!
A few articles saying Ratcliffe is most likely to be named as the preferred bidder next week and that contact with the Qataris is minimal at present (though they certainly aren't ruling out the possibility of that changing).
I don't claim to be a superior poster to anyone and I respect most people on this forum. But you engaged me in discussion and came in being very aggressive. And with each post you dug a deeper and deeper hole for yourself, and when you got corrected, you spat your dummy out of your mouth and you had no response.
Try not to engage with me in discussion again, because I will then feel I owe you a response. Because this is a forum after all, and try not get angry, it's not that deep.
Regardless of who buys us there will be a riot if any of them replace Ten Hag
PSG and City basically. Early on its how both operated.
Qataris will buy Liverpool and then we will have a chance to see, directly and head to head, which owner is the better.
That seems a big ask, particularly given the UK government's total opposition to it
Can't read it, it's behind a pay wall. Can you please summarize it?
Ahh...so basically no real change. I thought it may have been something more official. Still... It's wound up the locals. He he he.
Not successful clubs though.If you talk to pretty much any fan, they will tell you their owner is their Glazers.
Guardian behind a pay wall? What country you in?
Absolutely. We're finally on to something here and it would be a disastrous to remove him at this point.
There is however a small section of United fans who would disagree and be quite happy to see him gone, which is beyond mental in my view but it is what it is.
Just slip them 20p for phone and they'll do just about anything.
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