‘Mummy, if I’m a good boy, will Father Christmas bring presents this year?’
‘Yes of course he will’
*Ben Jacobs* - ‘Well Aaaactually’
‘Yes of course he will’
*Ben Jacobs* - ‘Well Aaaactually’
Club Sale | It’s done!
- Thread starter JB08
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Gotta hand it to the Glazers, they are absolutely incredible about sucking the joy out of everything. They've drawn this out so long that I really can't even be bothered to be excited anymore.
As if Ratcliffe has money for Taco Bell!
Reuters scoop seems like they're saying there's still chance Jim for one last bid as we're heading into exclusive talks. If Jim goes in again you know they will put it back to Jassim with final final bid to stop Jim getting the club. A very careful auction hammer to seep out every last penny.
Thread is moving fast but I have no idea what's happened
They are separate entities but QSI is still most likely a subsidiary of QIA even if they have distanced themselves from each other. But it's these kinds of blurred lines that probably won't prevent QIA and QSI both owning clubs and also what gives weight to the claim that ultimately it will be the state that will own United in the end as well.
It used to be but it's not the case anymore. QIA doesn't have sport in their portfolio anymore, apparently it happened around 2018.
Interesting. The plot thickens.
The only meaningfully relevant thing that has happened today was report by Reuters suggesting SJ was nearing exclusive status for final negotiations. This was rebutted by several other articles from a range of outlets that did not confirm the Reuters story, and in certain cases reported something completely different.
No, it's not even a subsidiary. QSI is its own investment fund.
The QSI is still a subsidiary of the QIA.
I'm not too versed in stock markets. I naively lost some money back in the day. Would not the NYSE get first-hand news of any serious developments?
We're here to serve.
Add to that the company filing. Don't think neither BBC nor AFP rebutted Reuters' story though, just that their sources, apparently close the sheikh, couldn't confirm it/was unaware of this being true. I get what you are saying with credibility, just find it so odd that the M&A chief at Reuters would put his name on an exclusive like that.
No, they separated them. I'm not even sure it changes anything to the point you were making but QSI and QIA are separate, they are also separated from QTA.
Years ago, they were all under QIA but now it's not the case.
I’ve tried keeping quiet on all this takeover talk because at the end of the day we all knew the glazers would play everyone off eachother and milk every penny they can. But feel like it’s really in the end game now.
It’s very clear too see that over the past week things have gotten serious with the media now contradicting themselves based on who their source is or what their agenda is etc.
The fact that the 92 Foundation has registered with company house today, during a time when sensationalist headlines are being published left right and center, seems to be significant in my eyes.
If you just look at the last week. We’ve had the news company owned by SJ’s own father claiming they have won. Then the company house registration today. Rio clearly knows something (isn’t he close with the Qatari’s??). And the big one for me…one of the worlds leading financial business news agencies saying Qatar is close to exclusivity.
Reuters will be fully aware that what they put out in the press has a significant impact on the financial market. They aren’t tabloids who write articles for clicks from football fans. You’re talking billions if not trillions of dollars in the market that they can influence with their news stories.
There is faaaaar too much smoke on this Qatari takeover. Imo it’s 100% happening, I wouldn’t even be surprised if it’s actually done but waiting on announcements and negotiating the completion of the purchase.
The top football journalists have clearly got a source in Ratcliffe’s camp and are reporting verbalism. I was personally terrified of the idea of SJR winning but I’m pretty calm about the whole situation now.
Once it’s announced I hope all fans can just celebrate the fact the leeches are gone rather than kick off with eachother about their political/lack of political views. At the end of the day we want what’s best for the club and in my eyes it’s Qatar. Regardless of the crap connotations that has with sports washing.
It’s very clear too see that over the past week things have gotten serious with the media now contradicting themselves based on who their source is or what their agenda is etc.
The fact that the 92 Foundation has registered with company house today, during a time when sensationalist headlines are being published left right and center, seems to be significant in my eyes.
If you just look at the last week. We’ve had the news company owned by SJ’s own father claiming they have won. Then the company house registration today. Rio clearly knows something (isn’t he close with the Qatari’s??). And the big one for me…one of the worlds leading financial business news agencies saying Qatar is close to exclusivity.
Reuters will be fully aware that what they put out in the press has a significant impact on the financial market. They aren’t tabloids who write articles for clicks from football fans. You’re talking billions if not trillions of dollars in the market that they can influence with their news stories.
There is faaaaar too much smoke on this Qatari takeover. Imo it’s 100% happening, I wouldn’t even be surprised if it’s actually done but waiting on announcements and negotiating the completion of the purchase.
The top football journalists have clearly got a source in Ratcliffe’s camp and are reporting verbalism. I was personally terrified of the idea of SJR winning but I’m pretty calm about the whole situation now.
Once it’s announced I hope all fans can just celebrate the fact the leeches are gone rather than kick off with eachother about their political/lack of political views. At the end of the day we want what’s best for the club and in my eyes it’s Qatar. Regardless of the crap connotations that has with sports washing.
He may have wanted to break the story based on his understanding of it, despite the fact that the situation itself remains fairly fluid. The fact that the AFP piece didn't''t sound corroborating to the Reuters one, is suggestive that there is a lot that leading media outlets still don't know about the status of negotiations.
No smoke without fire at this stage safe to say. Just a case of where exactly along the road they are. There's obviously things neither side can (or are going to) publically admit to ahead of time.
This is madness.
There are some rules around procedures for material news released by listed companies. The club will be expected to "quickly release information that might reasonably be expected to materially affect the market for their securities" - if this occurs during pre-market hours, I believe they have to give the NYSE ten minutes notice.
Just ignore the slavery will you FFS, Mbappe !!
Well probably not mate, they may well have be separate now in a practical day to day sense or just separated for appearances but ultimately they are both Investment funds owned by the Qatari state so I'm not sure how much separation there can really be there.
That's true, but since Reuters specializes in business reporting, then maybe that add some extra credibility to their part here? Just find it odd.Then again we haven't heard from FT or Bloomberg yet, but maybe they want some more confirmation before publishing anything.
It could very likely be financial doping, I'm not denying it could be cheating. Let me ask a simple question. If my brother cheats do you automatically assume I also cheat the system?
As it's a football forum let's sing - same old Arsenal/Arabs always cheating.
I agree - think they're working on getting the paperwork signed which will usher in the exclusivity period.
When the papers say SJR is still in it, that's purely theoretical since nothing has been signed yet. Obviously if he came back out of nowhere with a crazy $10B bid then it's his, but realistically that's not happening.
Why? probably the most rational post this evening.
Can we start calling Jassim by his name or at least 92 Foundation, rather just ‘Qatar’.
It’s starting to feel a bit dodgy.
If Prince Harry bought an NFL team no one would say it’s ‘owned by England’, even if all his wealth is sovereign.
It’s starting to feel a bit dodgy.
If Prince Harry bought an NFL team no one would say it’s ‘owned by England’, even if all his wealth is sovereign.
Let them make a living, bud. No skin off our nose.
Agree, it was a post talking about fanbase unity ffs.
To be fair if Prince Harry bought an NFL team everyone would say its 'owned by Meghan'.
Not much INEOS can do. I’m judging entirely on his previous bid improvements they all appear to be tailored around decreasing shares % that INEOS. Whereas Qatar have always just improved the amount offered.
So either INEOS offer the Glazers more shares/power or increase the price per share. But with finance coming from huge US banks/investors I think they have a limit so can’t just say ok $35 per share we buy. Also interest rates are at very high rates.
If we all started referring to Jassim by his full name, the forum owners are going to have to buy an additional server.
No it wasn't. It pretended to be then said forget about the Qatari bid negatives and crack on.
The point was that they are independent from each others, not that they are independent from the state. And there can be as much separation as you will have between the BBC and the Post Office.
Happily actually. Mostly because my iPhone has been autocorrecting to “Water” EVERY TIME and it’s doing my head in.
Slavery?
I wasn't aware of this dark side of Qatar. I may need to change my neutral stance.
I much prefer the Glazers to Qatar, so it'd be a bit odd for me to join you lot in the celebrating the former vacating for the latter.
I am not defending this but the west and the big corporations have been doing the for years. It's not just a problem of these countries.
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