Greedy Jimmy. How much money do you want?
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Greedy Jimmy. How much money do you want?
What? they have taken out in dividends and interests payments more than 1 billion pound, very small!!
Might I be so bold as to ask the people who think we'll become "the next Spurs" if Ratcliffe takes over, why they think this?
The way people talk about it, you'd think the guy was a pauper. He'd be one of the league's richest owners by net worth if his bid is successful.
The way people talk about it, you'd think the guy was a pauper. He'd be one of the league's richest owners by net worth if his bid is successful.
You didn't counter this point since you agreed and you also didn't counter it with Hamad Al Thani being globally more infuential since I literally wrote it in the paragraph above the one you quoted. I simply stated what is true for both Hamad Al Thani is probably more influential globally because he was a major political leader in the Middle East and Ineos are more influential regionally because it's their backyard and where they focus their lobbying.
I was specifically countering the idea that people are "seemingly willing to ignore or brush aside" what you said, not the content itself. Again, apologies if that was not clear.
How much is the Spurs owner worth? How much of his money has he invested?
Joe Lewis is worth less than half what Jim Ratcliffe is worth.
I was talking about my response to your original post:
The post you quoted was in response to a different question that you asked so, respectfully, yes I was.
Twice 0 is still 0 which is what this equation comes up to.
Not to mention most of Ratcliffe's 'wealth' is coming from his Ineos ownership and he's not about to sell that, is he? Such basic misconceptions about net worth just demonstrate how much some of you underestimate the power of hard cash in a time of insane interest rates which even for Ineos may be higher than our debt from 2020.
I'd call them hypocrites but they know what they're doing. It's massive double standards and these so-called democratic fighters fail to see how their thinking is closer to that of an authoritarian state when it suits and their values come out only to fight the battles which are convenient.
Just pathetic really the cognitive dissonance on display.
Are you really going to try to argue that Britain's wealthiest man by net worth is actually worth nothing? What the serious feck?
It can't be a counter when I already made that point. Your counter is stating something that I already stated. To summarize you agree with my view on Hamad Al Thani in the ME and you agree with my view of Ineos in the UK but you are countering both with the other.
Not sure he is arguing that. But having a guesstimate net worth of £13bn doesn't mean having £13bn.
Your gran might own her own £200,000 house, her "net worth" will then be set at at least £200k. Doesn't mean anything that costs £20k is affordable to her.
Billionaires of major companies have almost all of their worth tied up in those companies and linked to their assumed value.
I meant the annual debt repayments going forward. Most experts would agree that it's a small fry in the grand scheme of things.
1. Different fans have different reasons. Some fans have valid reasons and others oppose them without really understanding the detail as to why they oppose.
2. Poor decision making; allowing Woodward run the football operation for nearly a decade. A journalist recently said that United probably would have won the league by now if Arnold had replaced Woodward 5 years ago. I tend to agree with that perspective.
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Yeah, I understand that Ratcliffe doesn't have £13 billion just lying around. The point still stands, though, that he is really wealthy even by Premier League owner standards. It's only really the nation states that Ratcliffe looks poor in comparison to.
Is he? Why is he offering to buy just the majority of Glazer shares not even buying them out outright. Just enough to have control.
He isn't selling Ineos. How much money he has outside of what the assumed value of that company is, doesn't seem proven.
He is dirt poor next to the Kroenke power couple especially Ms Walton.
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You do realise the vast majority of the wealth in Qatar comes from oil and gas.
Oh yeah, I forgot that Kroenke was married to Ann Walton.
you cannot in all sincerity believe that ?
You shouldn't spend more than you need to but Ineos runs with a substantial debt burden itself. The misconception that he's going to get rid of the Glazers and clear the debt which is where the first thousand pages of this thread were at, isn't going to happen
He does not have access to billions of pounds to do that. A takeover will be heavily financed and borrowed
Thank you, I don't have the patience to explain basic stuff like this.
To be fair she is discreet even though from what I understand she is an actor in his investments, at least that's what I understood in the context of the St Louis/LA Rams.
Who blinks first…Glazers or Qatar
This is most probably a bullshit story but it's the most logical thing to happen.
But hey, at least Jimmy Brexit might attend a game of the team he supports from time to time.
And where will that get you? You’ll be the owner of a club with a penis-headed chairman who seems to have started going by his first name only.
Are we any closer to this coming to a conclusion? Who has the upper hand now, last week it was Ratcliffe, now it seems to be Sheikh Jassim. I can't keep track of what's going on.
There is no way Ogden has this explosive news in his pocket and he’s wasted it on the United Stand never mind how ridiculous it is that Ogden would even know.
It’s not as if they’ve been bidding for clubs pre United bid so why is it suddenly a shopping frenzy if they don’t get the one club they came out for?
Ridiculous from Ogden
I'm not a Ratcliffe guy, but you could say that about Elon or Bezos or anyone on the Forbes Richest list. Most of their wealth is based upon assumed value of their companies.
Well, crap, that would not be ideal for us or the rest of the league.
He's always said there would be no fresh debt, meaning it would go to Ineos so unless his company goes bust, it shouldn't affect us as their annual turnover is like 100 times our clubs.
Probably bs article, but it would be a very good move for them. Based in London and have the best stadium in the country
All quiet. Expect at some point soon we shall either hear that the Ratcliffe bid has been accepted or that Qatar have made an increased offer.
Now that Jassy's bought Hotspurs, will he bring Mbappe and Verrati with him? This is such a panicy situation, how the feck are we going to manage top 4 next year?
Spurs would still find a way to be crap.
True. Them and Arsenal never let you down.
I’ve just watched that Ben Jacobs fella chatting on the United people’s, it’s probably been mentioned in this bastard thread somewhere but he said that by making it look like a private bid from jassim if it all goes tits up and they lose out to Ineos or whoever they can walk away without losing face because essentially they’re claiming nothing to do with the bid.
Just something I hadn’t really considered, so I guess they could just turn their attention to somebody else.
Which makes no sense. They're hardly strapped for cash.
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