This has been tweeted already no Need to be putting it up again
Club Sale | It’s done!
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This has been tweeted already no Need to be putting it up again
Why are British journos and news outlets so quick to shoot down any positive signs that come out of this saga?
I'm not I am saying that the client ultimately can be prohibitive to the timeline and thus if they know they are not willing to move fast then they need to let Raine Group know.
E.g it was not unrealistic for an exclusive bidder to have been chosen before easter, the reason it was not is not solely down to Raine Group, Glazers bare a lot of that responsibility (e.g not knowing if they wanted to sell or having not accepted any bids)
If they knew that they were not looking for a quick process and knew they would be remaining sticky on the price they wanted met then they should have made that known. Its more than likely that come March they realised they didn't have the number of bidders they expected and thus the process has dragged on.
The way the media literacy thing works is reuters is running an exclusive saying jassim's bid is favoured and they've negotiating for exclusivity. If you know what the word exclusive means, then they clearly aren't running a story to say things are exactly thr same as has been reported everywhere else for months. And it's obviously indicating that reaching an agreement for exclusivity isn't far off
Unless he's been told he's won it but hasn't signed the legal documents yet. Exclusivity isn't officially granted until the LOI is signed.
I’m not even being funny. If someone was negotiating the terms of exclusivity then it should have been huge news when it happened.
I’m shocked I missed it
You can't fault @Pogue Mahone on this because the post he quoted , the poster has either ignorantly or deliberately inserted that Ineos is also possibly in discussion for exclusivity which obviously wasn't part of the actual article .
“Give me exclusivity”
“Nah I don’t think so”
“Ah gwan”
Is that how negotiating for exclusivity works?
“Nah I don’t think so”
“Ah gwan”
Is that how negotiating for exclusivity works?
This whole process (the reporting of h at least) has been farcical.
Everything could be described as “nonsense”
They don’t like United or want them to be the powerhouse they were lots of them.
Expect a huge increase of Liverpool fans to start playing the virtue signalling card now. Most would of been praying for Jim.
People are predictable.
This. Probably just the lawyers and other professionals crossing the t's and dotting the i's at this point. It's happening, inevitably.
I would trust Reuters on this one, and negotiating exclusivity is a big deal. Up to SJR now to quickly put in another bid or leave the fight.
Edit: For those who don't know, "negotiating for exclusivity" means ironing out the exact terms of an exclusivity agreement to be signed by the parties. It's a significant step - getting something binding on paper.
Edit: For those who don't know, "negotiating for exclusivity" means ironing out the exact terms of an exclusivity agreement to be signed by the parties. It's a significant step - getting something binding on paper.
Damn, so many new pages so quickly, I thought something happened. Turns out nothing has happened.
So what's the actual source here? Just Rio and Reuters?
I mean I'll take it but nothing is definite
I mean I'll take it but nothing is definite
Think it's simpler than that. The longer they can keep this going, the more clicks and engagement they'll get - that's their business model, after all.
It was unrealistic. I'll be honest with you out of all the similar takeovers that I have seen only two have actually been quick, the Suns after racists allegation against the owner and Chelsea after the war in Ukraine started. Every other examples that I have in mind, have lasted longer than theis current sale process which started mid february.
Reuters wouldn't have come out with an exclusive if nothing had happened. It's happening. Just isn't official yet.
I'm not saying I blindly believe it's done, but having reported on the petrochemical industry (one of the busiest industries for M&A in the world) for a number of years, Reuters aren't the type to run an "Exclusive" news article to just say something that has already been reported and we'll known for months now. If you were to ask me, it's been written in a specific way that doesn't say anything definite because of rules around potentially impacting on the markets but that's just speculation on my behalf.
Apparently absolutely nothing has happened today.
Well technically INEOS are in discussion for exclusivity, they have been since the bidding process opened, but clearly the reuters article is indicating that jassim is about to be given exclusivity, they're running it as an exclusive, and it's not very exclusive to report the same thing everyone has reported for months, so obviously there's been significant progress for jassim. The article does state that his bid is favoured
And that's the thing, is the reporting done by reliable people? it's the same people covering summer transfer windows...
If Mrs Doyle is running the negotiations, sure.
Feels like there is real momentum behind Qatar. Hopefully gets sorted soon.
But looked like the Ratcliffe-Joel Glazer bromance had all the momentum last week so who really knows
But looked like the Ratcliffe-Joel Glazer bromance had all the momentum last week so who really knows
This is the perfect post.
Yeah this is very much what I meant by media literacy. Understanding the way that very well regarded sources like reuters publish their stories, the wording they use, the significance of it being reported as an exclusive etc. Basically understanding the difference between reuters reporting and the daily mirror and how "exclusive" isn't thrown around the same way at one as the other
I think something has happened, but some people could get sued for breaching the NDA and so they will just keep denying any progress to show that it was not them who blabbed.
If Qatar gets announced as the preferred bidder , I fear we might see even higher prices quoted for some of our transfer targets.
My feeling is this is different, reuters reporting this is a far bigger deal than some British journos who've been commenting non stop since February, often with reports conflicting with what they reported the week prior
The process started in November, the deadline for bids was February, an exclusive bidder could have been chosen by Easter.
That doesn't mean the sale is completed by Easter, but honestly the main issue was that in Feb there were only 2 serious bidders and one of them couldn't get anywhere near the asking price without significantly reworking the initial offer (SJR)
It then turns out that offer could also be open to litigation
I bleed redIs it time to start making our Qatar chants then?
I got one, let's see, hooo boy, this is gonna be fun
feck you Qatar
Why couldn't you stay afar
You sportswashing cnuts
Fin.
I bleed red
Qatar me and I bleed red
Yeah, until the LOI is signed and they can come out with an official press release, they'll deny it's done. So the earlier denial means nothing.
That’s exactly what I’m thinking too. They can’t say anything until it’s official but this is the endgame for Jasim you would imagine.
Rioteurs News Service 5.
By process I only consider first formal contacts between parties which was mid February. November was when the Glazer family announced that the club was for sale.
Jim the Rat (Monaco) Ltd
Probably would have if Jim hadn't made the part ownership offer.
Yeah I am convinced Stone has been told to put out that line until club announces. Remember how many times he has done this with transfers too.
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