Club Sale | It’s done!

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This has probably been asked a number of times, but if Ratcliffe is taking a loan to fund the purchase how is he going to finance an OT rebuild or refurb? Or upgrading the women's team facilities?
Nobody knows currently which is why there is a bit of apprehension with his bid.
 
I can't believe I was on holiday in late March wondering if I'd miss the announcement, and now I wouldn't be surprised that I'll be in literal Qatar in July and this will still be rumbling on :lol:
 
A new low in the unfunny nicknames achieved.



What a bizarre stance.

After all the bluster from pro Qatar fans about blowing Ratcliffe out the water...

And it's not a nickname, it's an observational insult because we're clearly not dealing with Qatars finest here...
 
This has probably been asked a number of times, but if Ratcliffe is taking a loan to fund the purchase how is he going to finance an OT rebuild or refurb? Or upgrading the women's team facilities?

Mostly likely a loan like most normal clubs do. Increased hospitality/naming rights then more than pay this back over a period of time.
 


The sense things had up to that point been heading in the direction of the 70-year-old from Failsworth, some four miles north east of Manchester city centre, comes from financiers who have spoken recently to counterparts at Raine and is strengthened by a mystique around Sheikh Jassim. Some at Raine, the merchant bank handling the search for “strategic alternatives”, are surprised there has been no direct contact with the man central to the Qatari proposal, even at this late stage in proceedings.
Representatives for Sheikh Jassim say he is not someone who wants to be in the public eye — the handful of photographs available online are evidence of this — and it would have felt presumptuous to make himself visible.
But this is now a crunch point in what could be a once-in-a-generation opportunity to own United and the lack of dialogue with Sheikh Jassim is regarded as notable by those involved.
Ratcliffe attended the tour of Old Trafford and Carrington in person alongside Brailsford. Sheikh Jassim instead sent a group including Shahzad Shahbaz, president of the Nine Two Foundation, which would be the vehicle for his takeover, and Fady Bakhos, the most senior personal adviser to the Qatari royal.
But some believe that level of privacy means the Premier League would take longer in ratifying a Qatari takeover, making the deal less appealing to the Glazer siblings who want to cash out immediately. The club’s co-chairmen, Avram and Joel Glazer, are known to be the most reluctant to sell up, while Bryan, Edward and Kevin Glazer, as well as their sister, Darcie Glazer Kassewitz, are eager to bank their shares. On this theme, interrogation of bidders’ ultimate source of wealth has already been part of the process.

Absolutely incredible that so many of you are twerking for this level of shadiness to take over the reigns. Would he ever even attend OT if he was successful? Big red flags over him.
 
Mostly likely a loan like most normal clubs do. Increased hospitality/naming rights then more than pay this back over a period of time.
A repayment loan is fine if the increased revenue covers the cost of the loan which it surely will do.

The Glazers just had interest only loans - never relayed the capital just serviced the debt.

However, cost of borrowing has gone up a lot lately……
 
£800m on planned investment doesn't seem much considering his apparent grand plans. What does that cover?

A new stadium alone would be north of a billion. Does it include the training ground, women's team, youth team and signings too?
 
£800m on planned investment doesn't seem much. What does that cover?

A new stadium alone would be north of a billion. Does it include the training ground, women's team, youth team and signings too?
Yep it's less than half of what Ratcliffe was going to invest in Chelsea.
 




Absolutely incredible that so many of you are twerking for this level of shadiness to take over the reigns. Would he ever even attend OT if he was successful? Big red flags over him.

Laurie Whitwell has never been close to the Qatar bidding process.
Its hilarious you are cherry picking tweets to try and fit a narrative.
 
£800m on planned investment doesn't seem much. What does that cover?

A new stadium alone would be north of a billion. Does it include the training ground, women's team, youth team and signings too?
From what I’m reading it’s for the training ground
, the club and surrounding areas in the community
 
Absolutely incredible that so many of you are twerking for this level of shadiness to take over the reigns. Would he ever even attend OT if he was successful? Big red flags over him.

Yes, in fact.

FwPeRvIWwAMBJUW.jpg
 
This has probably been asked a number of times, but if Ratcliffe is taking a loan to fund the purchase how is he going to finance an OT rebuild or refurb? Or upgrading the women's team facilities?

He's from Manchester, isn't that enough? Good god, some fans are so entitled :lol:
 
Laurie Whitwell has never been close to the Qatar bidding process.
Its hilarious you are cherry picking tweets to try and fit a narrative.
He is reliable because he's able to use his brain to interpret what people are saying and not be used as a PR machine for shady bidders unlike others.

Yes, in fact.

FwPeRvIWwAMBJUW.jpg

Oh look, you've found one of the 3 known photos of Jassim in existence. Gold medal for you! :)
 
He is reliable because he's able to use his brain to interpret what people are saying and not be used as a PR machine for shady bidders unlike others.
He is not reliable on Qatar because he doesn't know what's happening on that side. That's why he said there is mistique on their side.

If you listen to his podcasts he and Crafton and Mitten even caveat they aren't close to that process.
 




Absolutely incredible that so many of you are twerking for this level of shadiness to take over the reigns. Would he ever even attend OT if he was successful? Big red flags over him.


"Mystique around Sheik J."

Christ. The insight.
 
The other 4 Glazer siblings will want a full buyout so if the state bid is highest its a done deal.

There's the danger of legal challenges from the shareholders who own the 31% that are listed, the other 4 siblings won't want that.
 
The other 4 Glazer siblings will want a full buyout so if the state bid is highest its a done deal.

There's the danger of legal challenges from the shareholders who own the 31% that are listed, the other 4 siblings won't want that.

They're each individual shareholders and are free to do as they please with their shares.
 
This has probably been asked a number of times, but if Ratcliffe is taking a loan to fund the purchase how is he going to finance an OT rebuild or refurb? Or upgrading the women's team facilities?

Probably by looking to get costs to a minimum and borrowing more.money. Joel and Avram will be able to help with that from their board seats
 
What worries me about the Jassim bid is the secrecy and lack of transparency.

If everything was above board he would have launched a PR campaign to sway fans.

Every supposed photo I've seen of him looks photoshopped.
 
This thread would be a great example for anyone studying confirmation bias (I include myself in that assessment).
 
The other 4 Glazer siblings?

Yes. Each is entirely separate from the other. They do not work as one entity.

Several have already sold chunks of their shares over the years, they do not require permission from the others to do so.

So if 4 want a full sale, then a full sale is the sale of their individual holdings.
 
Why, the Glazers aren't trying to create a puzzle. They want xx billion not hope that the bidders somehow get there They are pushing. They sent the shameless Avram to do their bidding.


If they just wanted a list price they wouldn't be going through all this. The aim is to drive the price up, you don't do that by disclosing rival bids. The companies advising them all certainly don't. As @devilish says you might get an indication at best.

If SJR has bid 90 and the Qataris come in with a bid of 100, if they tell him the exact figures then SJR will up his bid to 101. If they tell him nothing, or that he's a 20% off, he might up his bid to 110. That's why you don't tell him.
 
How many times has the owner of City attended games? Doesn’t matter if he comes or not. What matters is the club being in a position to succeed, which is what would happen with Qatar.
 
How many times has the owner of City attended games? Doesn’t matter if he comes or not. What matters is the club being in a position to succeed, which is what would happen with Qatar.
Very different to the criticism that the Glazers get about never being at games and only turning up to cup finals
 
Yes. Each is entirely separate from the other. They do not work as one entity.

Several have already sold chunks of their shares over the years, they do not require permission from the others to do so.

So if 4 want a full sale, then a full sale is the sale of their individual holdings.

Dear me, thanks for stating the obvious.
 
Everyone say Qatari's will go and buy Spurs if they lose out here. Liverpool also come into that reckoning.
That would be terrible to think of.
 
Just surprised the Qatari's haven't spoken to the major shareholders who own the 31% that are listed and negotiated.

Give the Glazers their 6 billion valuation of the club which gives them 4.14b.
If the Qatari's offer is 5.6b that leaves the 31% with an 80% upside on current share price which I'd like to think most would be happy with.
 
"Mystique around Sheik J."

Christ. The insight.
We don’t know much about Qatari happenings..
So it’s mystique..shady mystique.
It’s funny when this gets trotted out and you ask well what other well known Qatari bankers should these people know as if Elon Musk is the norm.
 
If they just wanted a list price they wouldn't be going through all this. The aim is to drive the price up, you don't do that by disclosing rival bids. The companies advising them all certainly don't. As @devilish says you might get an indication at best.

If SJR has bid 90 and the Qataris come in with a bid of 100, if they tell him the exact figures then SJR will up his bid to 101. If they tell him nothing, or that he's a 20% off, he might up his bid to 110. That's why you don't tell him.
And it's not in the buyer's interest to disclose their bids either. Which is why the so-called leaks that have become established facts for so many gullible posters are complete bollocks. No quotes not facts.
 
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