Club Sale | It’s done!

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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.

Rumours earlier said that both Jim and Jassim were in the dark about their bids. I don't think it´s Raines decision at all. I mean the club appointed them. They are working for United. I guess they can´t decide these things themselves. Everything has to be approved by the Glazers. If Jassim doesn´t hear anything it's because the Glazers say so, not because Raine decided it.
 
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.
 
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.
News at this point would be a ridiculously huge distraction to ten hag and the players.

Makes sense to delay until after, although I'm going with nothing is actually sorted out yet and we hear nothing after the final either.
 
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.
 
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.

Or the more likely option of they haven't made a decision and are just going to wait longer in the hope they get more money evidenced by the fact they are making purchases and everything is BAU.

I don't think the timing or effects from the decision concern them in the slightest, they don't care at all, their sole concern is getting more money and/ or the best deal they can whether that's full sale or partial I don't think they even know but the one thing we can say is they have been slow firing managers, slow making transfers, slow making back team changes and haven't done any work on the facilities so the one commonality here is a lack of urgency which is why all of us predicting any timeline is futile, we may go into next season with this situation still ongoing and no further ahead as they have no timeline quite clearly.

I've had to step back and stop checking for updates as much as it genuinely causes me stress over how much I care about this club but we shouldn't expect anything anytime soon.
 
Stone has just put out the following article:

Basically Avram will be at Wembley, no choice has been made yet.

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.

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.
 
As I said earlier, more and more things point towards these fecks staying put.
 
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.

Does it? Or does it mean they are milking their last opportunity?
 
Stone has just put out the following article:

Basically Avram will be at Wembley, no choice has been made yet.
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.

Sir Jim and his Glazer chums are waiting to drop the news after what is likely to be a bad fa cup final result. Get all the outrage over at once
 
its evident that INEOS has won. Oh well let's hope that Dave 'Lasso' Brailsford won't mess things up as he did with Nice.
 
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
 
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

It's brilliant isn't it. I come here every day to read and have a chuckle. There's some mad mad shit posted. It's great.
 
Can’t help but feel that they’ll screw us over on this sale too. Everything they touch turns to shit. cnuts
 
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.
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.

Qatar is probably the best option now ?
 
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.
@Berbaclass seems to enjoy bringing us his/her’s news of the day via jroades and NickSpeed10.

Indeed, these accounts are most likely children on an attention seeking project. I ignore all so called news in here because 99.9% of it is fabricated.

All these fake tweets do is wind people up. No one on Twitter knows what is actually happening. I keep seeing posts claiming that the Glazer’s are staying just because the deal isn’t over the line yet. But for Utd, the season hasn’t even finished yet.

Some patience and realism is required with this saga. It’s a 5-6 billion dollar deal for one of the biggest sport organisations around. We’re not signing James Milner on a free here, these things take time.

Basically, maybe we stop posting nonsensical Tweets from kids with too much time on their hands and this thread will be better for it.

It literally says in the thread title to stay away from poor media sources.
 
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.


This sounds more like Islamophobia than the reality. GCC members who have made their fortune on the back of O&G know very well that source of income is not infinite. In general their man objective is to diversify their economy to set themselves up for when fossil resources eventually run out. Hence the mass-investments in Western companies, renewable energy technology and prime real estate among other things.

Qatar has been very clear in their ambition and vision of making their country a tourism destination (similar to what neighbouring UAE/Dubai specifically has succeeded in). They have also been clear that they want to invest in sports to promote their country (hence the foundation of QSI and eventually hosting the WC) as a tourism destination.

As for your fears of Europe turning into autocratic regimes, well the fears should be eased when looking theirs and Dubai's strategy to see what the future for them probably looks like. While many of they key people are conservative still, they are also aware that getting more and more aligned with Western "values" is the safest way to attract Western money (tourism, investments etc.). As for Western vision for human rights, don't forget that these countries has been built on isolated (globalization was a completely unfamiliar term until fossil resources suddenly catapulted them into global relevance) small populations with deeply conservative religious values and it will take time to change that. Can understand that many are impatient when it comes to changes, but progress is being made.
 
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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 think regardless of what happens, it doesn’t make sense to distract the team or the club while the season is still ongoing.

They’ll most likely be some resolution next week after the final.
 
£750,000 blown just so that cnut Avram can attend cup finals via a private jet for his fat arse is disgusting

Win or lose tomorrow, I really hope he gets the message loud and clear that he is a complete cnut and is hated
 
This sounds more like Islamophobia than the reality

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.
 
My sources told me that Qatari have already won, Glazers have sold the club to Sheikh Jassim! Tommorow is their farewell :) :lol:
So many fans keep saying this that if it’s SJR and the Glazers I can’t imagine the meltdown on the CAF
 
Doubt it. They work for the primary goal of getting the most money because it benefits both themselves and the Glazers.
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 process
 
Sir Jim Ratcliffe, billionaire ManUtd fan that is a season ticket holder at Chelsea, wants to buy ManUtd by keeping the Glazers involved, now selling arguably his best Nice player to Liverpool. - via Twitter

How can we all not like Jim, wonderful man :)
 
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. Your post indeed reeks of the popular arguments well connected to Islamophobia and not based in reality at all. Atleast show us some examples of the bad Middle Eastern countries enforcing their conservative Islamic values on the West.

I get people not wanting state-involvement (I don't want it too) and not being happy with the current rights issues, but what's sad is the complete ignorant, black and white and ill-informed views many shows when discussing the Middle Eastern countries, which what your post illustrates. You have decided their agenda without bothering to read up on anything related to them at all.
 
Hopefully we’ll know what is happening next week.

Those who know more than I about this process have said this has been poorly conducted in comparison.

Sounds about right.
 
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.
 
I contemplated editing that away, because I knew you would only focus on that.

I read all of your post, chief.

It proceeded to type.

Your allegation of 'Islamophobia' is an all too typical device, one which really has no basis in reality.
 
If he wins Sjr needs to come out pronto with a statement stating the debt will be cleared and the stadium/facilities are going to be sorted or he will be starting off on a bad foot with the fans. Especially if the glazers are staying. You can bet Qatar won’t take this loss easily and there will be plenty coming out in the media over the summer.
 
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.
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.
Agree with your final line.
 
So am i guessing the due to Stone saying because the Glazers will be at Wembley tomorrow, he thinks, in his opinion, that SJR is the preferred bidder? With absolutely no proof at all? Ah, ok.

I think it's more likely that no one has yet been chosen and the Glazers are just dragging it out in hopes of Qatar putting up even more money. Also can't really see Raine putting out PR favouring one person when an NDA has been signed. But hey, i know as much as these journos know!
 
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.

why would they do that?
 
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