Joker vs Chav
Club Sale | It’s done!
- Thread starter JB08
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Yeah, I mean the Qatar bid wouldn't be done blind I assume. Logically they would bid again after conversations of what is good but never know. This whole process has been a shit show
Now we wait for the INEOS/Brexit Rat brief to come through. My heart really wants the Qatar bid but the head is saying the incentive is still in the Chelsea Season Ticket Holder court.
Pure speculation on my behalf but I wouldn't be surprised if there was some under the table dealings going on with The Qataris perhaps to promise them investment in Qatar to make it look like they're not being fleeced but that could be pure clutching at straws tbh
Pure speculation on my behalf but I wouldn't be surprised if there was some under the table dealings going on with The Qataris perhaps to promise them investment in Qatar to make it look like they're not being fleeced but that could be pure clutching at straws tbh
"Guarantee its a significant increase over the initial proposal." Very interesting that.
If Qatar don't win now they'll be a laughing stock.
Thing is, why didn't Jim put in an offer for thr whole of the club? He's hardly a pauper.
I'd buy a ticket to Qatar to go and laugh at them
The future sale price would be set on some multiple of earnings with a minimum price. That’s how they’ll get the benefit of holding for longer and exercising the option once they know it’ll give them a beneficial price.
He's a tory, do things on the cheap while earning maximum profit
So two more rounds of bidding?
What a shitshow 
this saga will feck our summer transfer window up.
But exactly what the Glazers want. A fecking action that goes on for months
this saga will feck our summer transfer window up.But exactly what the Glazers want. A fecking action that goes on for months
If the Ratcliffe deal involves a pledge to buy the remainder of the Glazer shares a few years down the line at a price agreed today then it's essentially the Glazer's saying "pay me this amount for these shares.....but later" which I cannot the the incentive for them to do. If it's not a fixed price agreed now and simply an agreement in principle then surely they know the value of shares when someone is wanting to buy the club vs when someone is simply looking to purchase from a minority shareholder is going to be vastly different.
Moreover Ratcliffe is surely not going to put himself in a position where he's paying more to buy out the Glazer's than the share price might justify at the time, at a time when he already would have control of the club to begin with. The price the Glazer's will likely get for their remaining shares based on the hypothetical scenario of them retaining some is going to be nowhere near what they would get per share for selling a controlling stake.
Moreover Ratcliffe is surely not going to put himself in a position where he's paying more to buy out the Glazer's than the share price might justify at the time, at a time when he already would have control of the club to begin with. The price the Glazer's will likely get for their remaining shares based on the hypothetical scenario of them retaining some is going to be nowhere near what they would get per share for selling a controlling stake.
Worse than all redcafe sagas put together over the last 23 years
Can I get a loan off you before you go, pal?
We had a round at Qatari owned hotel so it's only fair that we would have another one at some INEOS owned oil rig.
Why would the Qatar offer be accepted?
If it’s less value, 4/6 Glazers would get less money. Ineos are offering to buy them 4 out for more money. 4 Glazers will outvote 2.
If it’s less value, 4/6 Glazers would get less money. Ineos are offering to buy them 4 out for more money. 4 Glazers will outvote 2.
Joel and Avram are a pair of leeching bastards. They couldn’t give a rats arse about Utd. This whole thing about them wanting to remain on is purely to extort every last penny possible before finally fecking off.
Verbal back and forth? If true it's closer to what the Glazers are looking for.
What a shitshow
But exactly what the Glazers want. A fecking action that goes on for months
Getting the right owner for the next decade is more important than any short term issue including a transfer window, but hopefully this is now going to force a decision either way
For all the promises of Qatar clearing the debt v Ratcliffe taking out a whole new one, its just going to come down to who puts the most money into the pockets of the Tampa leeches
The full control angle means they are not subject to financial reporting rules and can cheat like City do. Huge red flag and we'd do well to avoid that because you know the league and FA would nail us to the wall if we did one tenth of the shady shit City have done.
Because the two Glazers might actually want to leave and this has raised Qatars offer?
Remember, nobody has actually said they want to stay outright. It’s all preferred this and expected that
It seems more sources are saying its an increased bid but few are saying if its more or less than Jim's. We need Orny to confirm it.
But it’s not, it’ll be a price based on earnings or revenue growth, with a minimum. This isn’t unusual in an option structure. If earnings increase significantly they stand to make a lot more money exercising the option in 3 years , for example
edit: and on your final statement, that’s exactly what he’s doing to make it attractive for the Glazers. There’ll be a cap on the price so he’ll know his maximum exposure. This is why you hire expensive bankers like Goldman Sachs, who do all the number crunching
No idea how clued in Jacobs is on this process but the "verbal back and forth" would imply that since the last deadline Jassim has effectively said name a figure and has been given one, whether he has opted to meet it or not we should know soon enough.
But if it’s still less for the Glazers for their shares than Ratcliffe then they will still prefer Ratcliffe - they won’t care about all that other stuff
I’m really pleased he’s able to confirm all this once others have reported it.
Could you imagine having a job which consists of constantly making things up, lying and pretending? What a hollow and risible existence.
If they’ve been in discussions with the Glazers/Raine, they’ll know what will get it over the line
If they ever want business in Qatar they will take it.
Could potentially throw everything up in the air if Avram suffered a massive heart attack in the toilet of his private jet on the way back to the States.
Had there been an indication that the Glazers actually want to stay on? They must know the bad press and protests will likely continue unless they are completely out of the club. I think they’ll be after the full sale but have made it seem they would accept SJR’s bid to get the Sheikh to improve his offer. Hopefully this new bid is what they wanted and it’ll be done dealio shortly.
Why would the Glazers genuinely want to stay? They could pocket close to a billion each, buy another football club, have some change left and take dividends from that instead.
Literally makes zero sense for them to stay.
Literally makes zero sense for them to stay.
True but Ratcliffe could've easily offered Avram and Joel enough to walk away with a couple of briefcases full of cash.
They wouldn’t if they get fat brown envelopes from us too.
You'd think we must be near the end game now. One way or another.
If he added a packet of dry roasted from the room bar, I'm going to lose my shit.
It doesn't look better. The payment is deferred and it was briefed there was an exit strategy.
I think the jassim offer is now more attractive.
Agreed. He does seem to have contacts within the Qatar party after living there previously or I’ve been duped by him haha!
Qatar FC. Tonight we feast 
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