Club Sale | It’s done!

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Reuters drop the bomba as predicted. Never trust sports journalism when it comes to business transactions.
 
The wording is interesting. "Negotiating exclusivity". I assume that means the LOI hasn't been signed yet so the exclusivity period hasn't officially started?
 
Big Ben Foster said:
The wording is interesting. "Negotiating exclusivity". I assume that means the LOI hasn't been signed yet so the exclusivity period hasn't officially started?
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It sounds like they are now pushing Ratcliffe to up his bid :lol:

The sources cautioned that the situation remained fluid and a new bid from Ratcliffe could prevent Sheikh Jassim from securing exclusivity.
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Would this mean anything immediate in terms of transfers this summer, or are we more held back by FFP? Sorry, I'm not in the loop.
 
Nothing final in the article by Reuters...

June 15 (Reuters) - English football club Manchester United (Man Utd.N) is negotiating granting exclusivity to the consortium led by Qatar's Sheikh Jassim bin Hamad al-Thani in the talks to sell itself for more than $6 billion, people familiar with the matter said on Thursday.

The sources cautioned that the situation remained fluid and a new bid from Ratcliffe could prevent Sheikh Jassim from securing exclusivity.
 
Big Ben Foster said:
The wording is interesting. "Negotiating exclusivity". I assume that means the LOI hasn't been signed yet so the exclusivity period hasn't officially started?
Click to expand...
From the story:

Manchester United would not be allowed to negotiate with any bidder other than Sheikh Jassim for the exclusivity period. It could not be learned how long this period may last. The sources cautioned that the situation remained fluid and a new bid from Ratcliffe could prevent Sheikh Jassim from securing exclusivity.
 
Wednesday at Stoke said:
I don't quite understand this. The price of compensating these workers would be a mere sliver compared to the money these countries pay to whitewash their image to do business with the west.
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It likely has as much to do with the sheer amount of hiring going on in Qatar at the time. More likely to be admin was overwhelmed than a sinister attempt to not pay people.
 
Reuters are very reliable, although the article does say if Ratcliffe increases his offer then exclusivity won't go ahead. Need Mark Kleinman to say something, the king of business scoops - was his exclusive that the Glazers were considering strategic alternatives to their ownership.
 
jm99 said:
It's only cheating if it's funneled into the club in a way that breaks ffp rules, which is far less likely with a club that generates the kind of revenues that we do
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It will happen. It’s inevitable. It might not be right away, but it will. We will one day be involved in a transfer, or a re-development, or a something which requires us to spend more than we’d budgeted for, or should be able to spend, and the people that own us, who’ve never had to deal with not getting their way or encountered a problem they couldn’t solve with money, will find a way to get that money used for their gain….

Just like City did, despite it being perfectly possible to grow them more organically over time, just like Newcastle are already doing with their sponsors, despite already being a more “marketable” team than City were, and just like Qatar themselves did with the Neymar & Mbappe deals that broke the transfer market, or the World Cup bid that saw 7 FIFA officials arrested in the aftermath and a criminal investigation opened into the bidding process FFS!

it will happen. And all the same people will excuse it and defend it, precisely because being Man Utd will be the perfect cover for it, and a much more easily defendable reason for spending ludicrous sums. And even if it doesn’t, there will always be doubts as to whether it had. That’s tainting. It’s what tainting is. City haven’t been “convicted” of anything yet, but their success is tainted because everyone already believes they have.
So yes, it will happen.

You think it’s annoying having “moralists” in our own fanbase now? You’re gonna get bored of “defending” it. And of seeing everyone portray our non-state owned rivals as “proper” clubs and the moral victors whenever they beat us.

That’s the trade off. It’s absolutely fine to some, I’m sure. Many even. And being resigned to it is perfectly fine. But forgive me if I find the celebration and pre-emptive defence of it pretty gross, and entirely alien to how I engage with supporting this club, and my love of football in general.

And forgive me if I don’t in good faith think that a lot (not all) of people now pretending it’s all because of their newly found rabid hatred of the Glazers (no Glazer thread on this site has ever been as long or contentious as this!) wouldnt have been the same people dismissing or laughing at those who initially opposed them… because the snarky “I wonder whether those pesky moralists will still support the club or feck off!?” rhetoric sounds exactly like some past insults lobbied at United fans during a takeover… and it wasn’t by those against it.
 
Rake said:
Nothing final in the article by Reuters...

June 15 (Reuters) - English football club Manchester United (Man Utd.N) is negotiating granting exclusivity to the consortium led by Qatar's Sheikh Jassim bin Hamad al-Thani in the talks to sell itself for more than $6 billion, people familiar with the matter said on Thursday.

The sources cautioned that the situation remained fluid and a new bid from Ratcliffe could prevent Sheikh Jassim from securing exclusivity.
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It's exclusive, unless of course it isn't.
 
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