That's been known all along. It seems they have inflated their club valuation with the intent of purchasing the smaller piece. I don't think they intend to buy the 69%
Club Sale | It’s done!
- Thread starter JB08
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Please announce this at 10pm on Saturday night
Man you’re amazing at clutching at straws.
Regardless, that's ancient.
Can we lock this thread for an hour? It’s getting a lil fiesty in here
Shut up
I’m aware. Just posting another source for some posters who seem to think INEOS have not bid for all of the Glazers shares.
Isnt SJR bid 51% at 2.6B = 3.6B at 69% even if he buys 69%.
vs.
SJ bid is 69%@5.0B (per our friend here @Messier1994)
Ouch
It's obvious that it's not the avenue they are pursuing.
These goblins can even make the sale of a football a total embarrassment.
I hope that one day, in my lifetime, we are completely rid of these parasites.
I hope that one day, in my lifetime, we are completely rid of these parasites.
No. 5.2b is the EV. The Glazers get 69% of that.
They just love the drama... can't even leave properly
How? Prove that to me with facts.
Go look it up.
I wouldn’t bother. He won’t because he can’t
You made a claim. Back it up.
You're expecting Ratcliffe to buy 69% then are you?
did not seem that way tbh, but please let me know where it says5.2B EV.
Lets say that's a fact;
so final equation for Glazers is : ( 2.6B now + ~1.0B may be later) vs ~3.0B right now?
As concerns the debt, anyone know what the total amount is? How much of the total owed to other clubs for transfer payments?
That’s what the bid statement said. If the Glazers aren’t willing sellers then there is very little he can do other than what he has done with the 50+1 offer.
You’re about 4 months behind mate. SJR isn’t looking to buy 69% right now. His initial bid for all of the club clearly wasn’t enough hence the proceeding bids.Why would he bid for it if he didn’t want to buy it. You’re absolutely unhinged
But the initial bid was for 69%, which demonstrates a willingness and desire to purchase that amount if the Glazers make it available.
I really wanted Jassim to pay our dept. It would be the best thing ever for the club. But Glazers do not care at all, do they? If Ineos are paying 2 punds more over 3 years, Glazers will chose them, no matter what is best for the club.
Such waffle. How do sports journalists manage to speak so much while saying nothing at all.
2.6 is 5b. 3 is 5.8b
There has been more than one bid obviously. The initial bid probably was for 69% and after they decided to try and compromise (keeping two or more Glazers on) and buy the controlling 50.1% stake and increase the valuation, which obviously requires less capital.Why would he bid for it if he didn’t want to buy it. You’re absolutely unhinged
Yeah it was a complete farce of an 'interview'.
Any one of us could have given that same Q&A - 5th bid, deadline Friday, we dont know, we dont know.
£306 million for transfers but this is not all due at once. Clubs tend to pay transfer fees in installments.
Glazers aren’t going to make it available for the price of the initial bid though so it’s as useful as a bid of £1. Glazers are clearly happy to sell the club in its entirety if it’s for the price they want.
Absolutely. I think Ratcliffe realized his best option was to strike a deal with the Glazers remaining to try and outfox Qatar. He probably thought he wouldn't be able to go toe to toe financially with them so it was his way of being clever.
He does have vast experience in M&A after all...
I mean, that’s open to debate. Also the price they want is vastly over-inflated and nobody with any business sense will give it to them!
If the Glazers accept SJ's bid they would get more cash straight away. This cash they could invest in other things and make money of. If they go with SJR they would get less money straight away. Would potentially get more money later but would be kicked out anyway in 3 years? Is this somehow correct? There is just so much information, my god. They must really be wanting to stay if they think that 3 years is going to bring so much extra cash that it´s worth it instead of getting out now and invest elsewhere. I was/am pro Qatar but as long as the leeches fecks off in the near future I´m fine anyway.
hahhahha
Looks like it worked
I don't even think it is. £6 billion has been widely publicized as their number. Neither has met it, low and behold here we still are after 7 months.
You're speaking if he's won the bid. That may turn out to be true but currently, it isn't.Looks like it worked
@Berbaclass
One thing I really do Love is that Jassim has made it so that if the Glazers remain, there will be so much pressure on them and Jim Brexit to run the club well moving forward.
It won’t be the same as it’s been in the past. The publicly stated pledge to clear the debt completely and invest properly in the infrastructure has made it so that any attempt to carry on as before will be very, very hard for them get away with without much higher scrutiny.
It means that Brexit Jim’s reign will be met with an immediate demand for competent action and I think that’s really important.
One thing I really do Love is that Jassim has made it so that if the Glazers remain, there will be so much pressure on them and Jim Brexit to run the club well moving forward.
It won’t be the same as it’s been in the past. The publicly stated pledge to clear the debt completely and invest properly in the infrastructure has made it so that any attempt to carry on as before will be very, very hard for them get away with without much higher scrutiny.
It means that Brexit Jim’s reign will be met with an immediate demand for competent action and I think that’s really important.
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