Club Sale | It’s done!
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glad you asked…
probably means the tax year
I don't think journalists would use it like that though
it starts in April though
Have they ever actaully said financial quarter?
They definitely sit on some stories until certain parties want them out - they wouldn’t get so many exclusives otherwise. Stone said two weeks ago it’s unlikely we’d hear anything definitive until after the festive season - and now ornstein is saying watch out for something very soon…something seismic…something is coming early new year I think.
A financial year is usually divided into 4 equal quarters.
Q1: April-June
Q2: July-September
Q3: October-December
Q4: January-March
Financial quarter, yes. Yet every reference has just been 'the first quarter', which to we plebs starts in January. You'd think at least one of them would have said 'by the start of the first financial quarter' if that was the case. Ornstein also just said 'very soon' which in December isn't 3 or 4 months away.
Can't wait until these festering old pricks are gone
Yep. The inlaws at Christmas can be a right pain.
Cheers. Let's hope so
It's going to be seismic when Logan Paul, Paddy Pimblett and Conor McGregor announce their purchase of the club.
Quarters are seldomly not equal.
Outside of the financial years when has anyone made reference to 'Q1'
It's a financial deal using language almost exclusively associated with the financial year. I'd say it's a safe bet to be honest.
A lot of people. The general use of the term isn't financial, it's used the same way one uses trimester.
You never know but I think he’s probably just talking in general terms. Any sale is seismic and Glazers clearly want to sell quickly.
Once the Raine Group start putting a credible list together I’d imagine they’ll be speculation left, right and centre.
journalists would just tell us if they meant April though
Not for this. Stone specifically said 4 weeks ago if we were sold it would happen before spring - and everyone has since reported Q1 of 2023. They aren’t talking about the financial year.
Breaking the year into quarters is not something that happens outside of financial speak either, is it?
Let's hope seismic means ME investment. We need to be back at the top table and that's the best way for it to happen.
Listening again, isn't he just saying it's going to be seismic because the fans are finally getting what they wanted and the Glazers are going rather than 'wow, wait till you see who's bought them'?
Seismic event better mean £500m warchest every summer + OT and Carrington reno.
This is the right answer
Yeah
Didn't reports also say that the takeover should be completed before the end of the season?
Depends how you want to interpret it?
Along with the Ten Hag comments about the takeover being positive for the project though I’m inclined to be more optimistic
It happens everywhere and especially in high tech. In fact even in financial "speak" Q1 is often January to April. The Q1 that you are talking about is generally in accounting which is kind of niche and even then it's not universal.
PS: A trimester is a quarter.
Imagine standing to make over 5 billion and still not having it in you to pitch in with a 50 million or so. Just once. Literal spare change for them. I fecking hate these parasites. I don't think I could handle it if they don't sell.
No. It's a listed company, that's insider information.
They would be pretty stupid to "pitch in" to something they will probably sell in a couple months. Like really, why would they do that?
And FFP prevents it anyway, unless it's on infrastructure they can't spend more than 15m. If I'm not mistaken.
BBC said a few weeks ago that any full sale would likely be done by the Spring. And that was before the Athletic said anything
You must be a gynaecologist.
No sense. Just like one gesture of good will towards this club they've owned for 17 years. A parting gift. Each of them could pitch in with less than 10 million and it would be enough. They can probably find that amount between the cushions of their couches. fecking hell...
Depends on the context I suspect. In pregnancy it's roughly 12 weeks, or a third. In academia it's one of the three terms, autumn spring or summer, so again a third.
Like you I'd love to interpret it in the positive way I hope it was meant. That was my initial take. I'm a great overthinker though. At times like this when you want something so much you start to think things can be too good to be true so start to look at the half empty approach. It's not easy being me!
There’s absolutely no benefit to them personally, unless it increases the sales there’s no point if you’re Glazers, I can understand it personally.
Not in America though, the year ends in December, more often than not.
In the UK, the financial year does start in April.
Guess you are someone who buys a brand new set of tires right before you sell your car just as a gesture of goodwill for a new owner.
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