Sure. There will be a downside cost on the options though, so the options will have a guaranteed price on them to mitigate risk.
Club Sale | It’s done!
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It is by far the biggest one though. If a new owners clears our debt and invests in stadium development, then we essentially don't really need them to be investing much more in transfers etc. We are more than capable of generating enough revenue to compete with anyone without the debt burdening us.
Removing the politics of it to one side, surely wiping the debt is the biggest consideration for the fans.
They're just greedy. They’re planning to stay around with the hope of making a tad more.
I suspect that instalments are a tax benefit too. I'm not sure of the rules in the US, but capital gains would be taken and with instalments you'd have the chance of offsetting the gain on the later ones by taking on debt from whatever you end up purchasing with the cash.
No guarantees. Shares could go up or down. The price both parties are paying is already way above the market cap. Check last night's share price on the US stock market.
No, but the put and call options would have strike prices that essentially guarantee them a certain price.
19.20 USD. There's a chance it could dive if SJR take over.
it’s more the fact people are calling this over because one bid gets the glazers 600 million extra with a couple year wait and this is being argued as the reason Jim’s got it in the bag.
The reality is with these sums waiting 3 years for that amount of cash in such a large transaction isn’t great or a clear cut win at all, which the majority of jims supporters are telling you.
its playing on the media narrative that the glazers want the most money no matter what it’s not as clear cut as that when there’s years, uncertainty and they lose majority control in the process.
it’s schools playground media reporting.
Surely they could make more money sticking the damn the lot in a bank?
I don’t know. You’d have to ask them. They’re the ones that want to stay on, I’m just trying to rationalise it.
Correct, especially when the other bidder is going to take on more loans to buy the club. INEOS already has £6bn debt on it's books. We're kidding ourselves if we believe they'll add several billions more to their debt and expect United not to service it.
If the ESL is dead and buried, how will they make that money? How bigger can TV deals get in it current format? Are they hoping more people get involved wanting to show the PL, which will be great for them, but rubbish for the fans yet again. They will be having to bank on the new owner turning us into a title winner again. That is far from a certainty.
As the others have said the rich always want even more.
Be interesting to hear if the Raine Group are as frustrated with the Glazers as everyone else is.
Glazers to stay having had good meetings to increase the credit facilities due to bids. Man City to win the treble. Magic, dining at Tier 2 Table for another 10 years. Look forward to watching Ten Hag be thrown under the bus due to none CL qualification. Anything other than this will be a moral victory.
Does Jassim offer include the debt repayment though?
Nothing is but at this level of money it high risk high reward, they will have a guaranteed baseline for payout I'd imagine.
Also none of them are getting any younger. If it were me I'd want the money asap so I could enjoy it for as long as possible. Solid gold house and so on
Even in this instance?
Surely if someone decides to sell they sell up? They then have more capitol to invest etc which would result in a higher ROI instead of being scared to let go.
Obviously I don’t know what I’m talking about but indecisiveness isn’t a positive trait
You're kidding yourself by pretending to know how it works and just cluelessly throwing fits.
INEOS have 6bn debt as you say, so I'd argue they know what the feck they are doing over some geezer sat on his phone at home.
Absolutely this, feck that.
Not really, you have to invest such funds and they all have risk. They may see United as a safer opportunity given they already know the company inside out.
The deal with SJR is so complicated. Would be very risky for the Glazers. A few downsides for SJR, too. Sheikh Jassim's bid is a lot cleaner. Makes more sense.
I just don't see how the Glazers won't accept Sheikh Jassim's.
I just don't see how the Glazers won't accept Sheikh Jassim's.
I just hope that the news that Qatar might pull out on Friday is true...not because I don`t want Qatar. I don`t really favour Qatar or SJR they both have +/- but we might actually finally be a step closer to this being sorted out.
If they pull out it`s SJR surely!
If they pull out it`s SJR surely!
Of course they know what they're doing. How's that contradictory to expect debt being serviced by United? This isn't going to be an altruistic investment, as much as you'd like it to be.
Which is why our transfers end up a bloody mess. The longer this goes on our transfer window could be in ruins. You or me would take the money and run, if it is Avram and Joel who are driving this then it is not surprising they are dithering. You wonder how the other four think or do the other two just ride roughshod over their siblings?
I'm fairly neutral and just want the Glazers gone (and a few other things that I'd get banned if I said)
Yeah I see the point that a full transaction is simpler, but wouldn't the aftermath of an agreement with Sheikh Jassim be much more complicated? The approvals they'd need etc could take some time and he'd have a much higher chance of being denied, by which point Ineos may have either walked away or be in an excellent negotiating position to get the price lowered.
Ineos already own football clubs and other sports club, with Sir Jim having attended United games in his younger days he probably won't have much to prove in his reasons for buying the club. All in all, I'd imagine the approval side of it would be quite straightforward once the negotiations are done
United will continue to service the debt in its name, hopefully with an actual plan.
But no way on this earth will we be expected to service the debt INEOS takes on, otherwise why would they take it and not just lump it on United... INEOS can service that debt easily, no issue.
The timing of the Glazer sale is extremely telling.
1) The collapse of ESL means there will be no foreseeable jump in revenue for the near future
2) Rising interest rates means costs are going dramatically up
3) Liverpool announcing their sale could suck up the last bits of appetite for takeovers, especially after seeing the Chelsea and Newcastle takeovers.
Glazers saw the writing on the wall, got desperate and decided to sell. They're now just using the ENEOS bid to yank the Qatari's chain to try and squeeze whatever ounce of money they can out of this deal.
1) The collapse of ESL means there will be no foreseeable jump in revenue for the near future
2) Rising interest rates means costs are going dramatically up
3) Liverpool announcing their sale could suck up the last bits of appetite for takeovers, especially after seeing the Chelsea and Newcastle takeovers.
Glazers saw the writing on the wall, got desperate and decided to sell. They're now just using the ENEOS bid to yank the Qatari's chain to try and squeeze whatever ounce of money they can out of this deal.
The only thing the Glazers care about is who is offering more money for each of their shares. Jassim's bid doesn't do that.
I've said it once before, but the Glazers can take their time regardless of what fans want or what's good for the club.
I fully suspect its a lot more simple than people are thinking, they just want Qatar to up their bid and they will be off. They can take their time and milk it for all its worth because at the very least, they have SJRs bid already in the bank where they get some money now and some money later, whilst staying on.
It's probably nothing more than the other 4 saying 'sell up now, let's be done with it' whilst the other 2 say 'we will but let's just push it one more time for a bit more cash then we'll be done..'
People overcomplicate most scenarios, human behaviour virtually always comes down the basics....greed, power, fear etc etc.
I fully suspect its a lot more simple than people are thinking, they just want Qatar to up their bid and they will be off. They can take their time and milk it for all its worth because at the very least, they have SJRs bid already in the bank where they get some money now and some money later, whilst staying on.
It's probably nothing more than the other 4 saying 'sell up now, let's be done with it' whilst the other 2 say 'we will but let's just push it one more time for a bit more cash then we'll be done..'
People overcomplicate most scenarios, human behaviour virtually always comes down the basics....greed, power, fear etc etc.
That’s just not true and half the problem with the media reports. If Jassim offered more but said I’ll give you in 10 years down the line they wouldn’t accept, this narrative is nonsense.
Theres a nuance to waiting years for x amount more it’s not as simple as one bid is bigger then the other.
Despite all the negativity and people jumping to the worst possible conclusions, this is also my take.
People fail to appreciate that owning United has ceased to be very profitable for the Glazers. They're billionaires, these piddly £5-10m dividends they occasionally take barely heat the swimming pools in their 7th homes.
They know the Qataris have limitless wealth. I believe (hope) they are using the SJR bid to drive the price up
Worst scenario is that the Glazer’s pull out of both bids.
Very simple conclusion which is wrong.
We don't know what they want, here's a breakdown of it:
1. Do they want the most per share like you say?
2. Do they want money now or happy with later?
3. Most importantly, do they want to keep a share in the club? This is the deciding factor. If they do in fact want this (media reports say this has caused a dispute in the family as 2/6 do) then they will pick Jim. Otherwise it has do be Jassim winning this.
Big day tomorrow.
Biggish dayish.
Or next Friday? Was a Friday specified?
SJR is the more serious one isn't he. Money aside at least he turned up to the fecking meetings in person 
Only by SJ Qatar bid
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