Big day?
Convinced that Jassim hasn't heard back from Raine Group on that 4th bid because he went over their heads to make it.I think some feel that's the end of the road for Jassim's chances because of the radio silence but if that was the case then top tier sources would be saying it.
Doubt it. They work for the primary goal of getting the most money because it benefits both themselves and the Glazers.Convinced that Jassim hasn't heard back from Raine Group on that 4th bid because he went over their heads to make it.I think some feel that's the end of the road for Jassim's chances because of the radio silence but if that was the case then top tier sources would be saying it.
News at this point would be a ridiculously huge distraction to ten hag and the players.I get people are worried they are delaying the bad news until after the cup final so there can be no match day protests. But I’m going to flip it and maybe they are waiting as they don’t want any crazy match day celebrations that they’ve finally fecked off. Just a thought. A shit thought, but clinging on to it.
I get people are worried they are delaying the bad news until after the cup final so there can be no match day protests. But I’m going to flip it and maybe they are waiting as they don’t want any crazy match day celebrations that they’ve finally fecked off. Just a thought. A shit thought, but clinging on to it.
Glazer presence expected at Wembley
Man City v Man Utd (Sat, 15:00 BST)
Simon Stone
BBC Sport
After he was at Wembley for the EFL Cup final and the Women's FA Cup final in the last couple of months, it is anticipated Manchester United co-chairman Avram Glazer will be at Saturday's game against Manchester City.
We are still waiting for clarification over the United's ownership and whether Sheikh Jassim's bid or the one headed by Sir Jim Ratcliffe's INEOS Group will be successful.
Glazer's continued involvement suggests he is not keen on backing away from the club, fuelling a belief INEOS, who are willing to secure a 50.01% stake and allow Avram and brother Joel to remain as shareholders, are the front-runners.
However, no-one can be certain until a final decision is made.
Love how ‘Nick Speed’ gives it all “focus on the details” while all his sentences are littered with random capital letters and other grammar mistakes.
Glazer's continued involvement suggests he is not keen on backing away from the club, fuelling a belief INEOS, who are willing to secure a 50.01% stake and allow Avram and brother Joel to remain as shareholders, are the front-runners.
I read he charged Utd 500k for both trips as he stated they were 'business' trips. fecking snake all day long.Stone has just put out the following article:
Basically Avram will be at Wembley, no choice has been made yet.
Stone has just put out the following article:
Basically Avram will be at Wembley, no choice has been made yet.
the amount of utter pish that’s been written in this thread must be some sort of record
and not just a caf record, a fookin world record for the scale of horseshit written down in one place
Understood. Thanks mate. Going by the details, SJR bid isn't going to improve the situation much. It will just be another instead of Glazers.Due to Cayman island law to delist the club, first the new owner has to take control of the club, the Glazers combined own 69% of the class B Voting shares which have a 10 times voting ratio to class A so even if 4 Glazers leave and 2 Glazers stay with there 33%, they would still give them control of all major club decisions because if the other 4 siblings sell without the permission of the whole family, it means the B shares result to A shares for the new buyer unless an agreement is made by all members of the family.
As soon as the new owners have purchased these shares plus those of Ed Woodwards 0.5% class B shares which is a total of a 113 million shares, the whole club has 163 million shares with 50 million being class A Shares of which the Glazers also own 4.3% of the remaining 30.5%.
The strong rumour is they will cost $37-40 to take control. Let’s assume for ease they agree $40 which is more than double the current listing at just under $19 with a market cap of $3.03bn.
This would mean that SJ or SJR would have bought the controlling shares for $4.52bn and therefore they valued the club at $6.6bn or £5.25bn. In SJ case because they want to buy the whole club and then delist it from the stock exchange, after this management buyout the shares will go up or down depending on how confident the Stock Exchange is about the new ownership. There are other factors like debt being paid and a payment made in lieu of future TV revenue Deals to the Glazers.
Again assuming It’s SJ just because we know he wants to buy 100% of the club, under cayman law he must make a reasonable bid within 30 days for the A class shares as well, but obviously not at the optimum high price paid for controlling B shares. Let’s say if SJ takes over the shares go up to the yearly high of $27, he may offer all existing share holders $30 so 50 million shares at $30 is another $1.5bn cost to take the club off the NYSE and a total cost of $6bn plus the debt plus other reconciliation agreed fees. This I believe is the new 5th bid which is really just a tweaking of the 4th bid, The debt must be settled to delist the club and some form of compensation will be paid for future contracts. I’m guessing that the whole takeover will cost $7.2-7.3bn which is about £5.75bn including the debt payment. The Glazers will probably end up with $4.5bn + 0.5bn future Tv and media revenue conciliatory payments and another $210m for selling all their A shares so $5.2bn, we’ll know more soon
SJR does not need to make a reconciliation payment for future TV revenue deals, he does not have to settle the £535m debt, he’s not obliged to do anything, not make an offer for any other shares and he could keep Joel and Avram for 4 years with his layered buyout because he is only looking to buy 50.01% or 69% and keep the club listed on NYSE.
They are completely different bids and TBF SJR is much more complicated.
@Berbaclass seems to enjoy bringing us his/her’s news of the day via jroades and NickSpeed10.Indeed. I don't know why any of that drivel has been posted on here. Needless to say, this person's tweets will cease when the half-term ends and the kids return to school next week.
You really are. Power in Qatar is total. It is an autocratic regime. They can introduce whatever law they like, whenever they like.
Their purchase of MUFC will likelier lead to Qatar's politics being normalised, perhaps even sought, here in the UK. They do want to 'integrate with Europe', yes. They want to influence it to cultivate their dictatorship. That is their first and last ambition.
We really should be honest. The vast majority of pro-Qatar supporters think they'll get in and win everything in sight. That's all there is to it.
Furthermore, Qatar is also 'greenwashing' with United.
I think regardless of what happens, it doesn’t make sense to distract the team or the club while the season is still ongoing.I get people are worried they are delaying the bad news until after the cup final so there can be no match day protests. But I’m going to flip it and maybe they are waiting as they don’t want any crazy match day celebrations that they’ve finally fecked off. Just a thought. A shit thought, but clinging on to it.
This sounds more like Islamophobia than the reality
So many fans keep saying this that if it’s SJR and the Glazers I can’t imagine the meltdown on the CAFMy sources told me that Qatari have already won, Glazers have sold the club to Sheikh Jassim! Tommorow is their farewell
The part everyone is missing is the conciliatory benefits of the SJ bid, the 4.3% A shares are also worth $200m+ to the greedy Glazers plus a premium will also be agreed for the Squad value rumoured to be $950m this is currently owned as assets by the controlling stake of the Glazers Market cap is $3bn plus the Squad value and Future Media revenue through TV and advertising, these are only valued in a full 100% buy out, there’s so much more that people just don’t understand in this processDoubt it. They work for the primary goal of getting the most money because it benefits both themselves and the Glazers.
When can I unfurl my Qatar flag in my front garden? I’ve been waiting months for this moment
How much are second hand/ after market Qatar flags going for
Especially for those of us that stocked up on Qatar flags
Same today, yesterday and forever.Can I finally hang my Qatar flags in the garden and on my windows? I’d be furious if they went to waste
A sad blanket defence of Qatar's state bid is to
accuse its detractors of racism and or religious intolerance. It usually is accompanied by a spurious attack on 'the west' and here is no different.
It's a common trend with pro-sportswashing commentators and is as transparent as it is idiotic.
I contemplated editing that away, because I knew you would only focus on that.
While this is not impossible, I am of the opinion that most (if not all) seemingly pro-Ratcliffe PR we have seen has actually originated from Raine. Of the three parties (Raine, Qataris, Ratcliffe), I think Sir Jim has, by far, fed the press the fewest number of stories. All will be revealed soon (hopefully) and I think the way this has all played out in the media will make a lot more sense in hindsight once we learn the outcome.The fact SJR has gone so quiet despite the process seemingly dragging and Qatar briefing they are waiting to hear back makes me think SJR deal is done and they’re waiting for the season to finish because it means the Glazers are staying in some capacity.
Agree with your final line.While this is not impossible, I am of the opinion that most (if not all) seemingly pro-Ratcliffe PR we have seen has actually originated from Raine. Of the three parties (Raine, Qataris, Ratcliffe), I think Sir Jim has, by far, fed the press the fewest number of stories. All will be revealed soon (hopefully) and I think the way this has all played out in the media will make a lot more sense in hindsight once we learn the outcome.
While this is not impossible, I am of the opinion that most (if not all) seemingly pro-Ratcliffe PR we have seen has actually originated from Raine. Of the three parties (Raine, Qataris, Ratcliffe), I think Sir Jim has, by far, fed the press the fewest number of stories. All will be revealed soon (hopefully) and I think the way this has all played out in the media will make a lot more sense in hindsight once we learn the outcome.