How do they know these information? I am sceptic to this.
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How do they know these information? I am sceptic to this.
Makes it sound like everything is agreed and they're just sorting out the legal paperwork now, which should take up to 10 business days.
That aligns with what some of us speculated based on the wording of the Reuters report.
That aligns with what some of us speculated based on the wording of the Reuters report.
What’s being said? I don’t have twitter
Speaking as a man with experience of multi billion dollar acquisitions?
Anything worth mentioning?
The "ten business days" bit I'm just repeating from what was quoted in the Twitter space.
The timing they mentioned does align with the deals I've worked on though. There's some back and forth between the parties before the papers are signed, which can take anywhere from 1-2 days up to a few weeks.
One interesting thing -- a Red Knight guy who claims to have insider info said that the Raine Group leaked to Reuters due to pressure from Sheikh Jassim, who was sick of all the pro-Ratcliffe garbage he was reading from the British media.
Most probably BS. They claim that the bidders have insiders in each other camps. And SJ told the Glazers that he will top SJR bid by x% but he wants to know the numbers and when he knew the last SJR number he toped it with a x%.
Oh well. Let's see if the end is truly in sight.
The “ten business days” had a bang of someone trying to sound like an authority about something they know very little about. So no surprise it popped up on Twitter! Your own experience sounds much more plausible. Due diligence and legal wrangling could take several weeks. Possibly much longer.
Interesting, but what difference would it make to SJ that there is pro Ratcliffe stuff in the media, makes no real difference to the outcome being the Glazers choice? Not sure if I misunderstood. Perhaps SJ is sensitive to public perception.
Interesting that Darcie wanted the sale to move quicker and appeared to criticise her less able brothers of the opportunities that they were losing out on.
Indicated that he felt that SJR may run out of time in trying to recreate his deal, the speaker's assessment being that the deal should conclude the current stage in 10 working days from last Friday (?), if not before.
Gotta give it to Twitter creativity
I didn't think the guy was genuine.
SJ and SJR are awful ways to abbreviate the two bidders. They're so similar, it always takes me a few seconds to remember which one is which.
Can't you guys call them JBHAT and SJR or something? Or even HAT and RAT?
Can't you guys call them JBHAT and SJR or something? Or even HAT and RAT?
What else is there to do right now?
Glad I’m not the only person who thinks this.
For one thing you could quite easily say Jim, as it’s literally the same number of letters as SJR. And Jassim isn’t much longer either.
As a side note, it might just be me but it’s always felt weird that people have been including these guys’ titles and saying Sir Jim or Sheikh Jassim. Are either of them noteworthy enough to warrant their titles being used so often?
Don't tell me your life is this sad
Yeah. We should rename them the Glazers
What brings you to that conclusion?
Because I listened to a twitter space?
Sorry for being emotionally invested in what happens to the club
Play Tears of the Kingdom. Touch grass. Kiss a man/lady you fancy. Drink beer.
How do you know I haven't been doing other things all day?
Can anyone summarise what had happened in the last five posts, I haven’t checked the thread for the last 10 minutes and can’t be arsed to catch up.
That if you have no news you literally go scraping for any sort of hearsay bullshit. That's not being emotionally invested, it's just not having a life outside of the takeover.What brings you to that conclusion?
Because I listened to a twitter space?
Sorry for being emotionally invested in what happens to the club
Whatever man I don't need to explain what I do in my day to day life to some random person on a forum.
Why does everyone say “touch grass” nowadays. I swear I never heard this phrase until this year and now it’s fecking everywhere. That and “recency bias.” Does my nut in.
You have over 26k posts on a forum, simmer down kid.
Funnily enough, that is on average a higher rate than me
Seems like most of the due diligence has been completed and, I’d hope, draft contracts have been in circulation for a while. Doesn’t mean there will not be more legal wrangling on the exact terms once a chosen bidder is selected, but hopefully not too much. Once a chosen buyer is picked the pace tends to quicken and it becomes a 24/7 hell to get it finished. Last deal I was involved in I signed (as one of the company signatories) at 4 a.m in our London City legal advisers offices. 72+ hours without sleep!
Adds nothing to the discussion
Well yeah but your not annoying like this donut that's probably got his feelings hurt Sir Rat Arse isn't going to takeover United.
Nah, I can’t believe that.
Jassim / 92 wouldn’t give a feck what the UK press were saying at this point, and if for some reason they did care and then leaked info on the deal to Reuters (thus breaking NDAs) how would this guy know that…?
He’d have to have a serious contact at Reuters or at Raine, and he’d have to be well respected enough that they’d give him that info.
And yet, he’s spilling it on Twitter for nothing?
Nah, not for me.
I know what your saying but I can’t get past the Reuters quote, they just don’t do that, unless there 100% It’s not their style, I think the British press have been briefed all summer that SJR was in the driving seat until that 5th bid from SJ which the more we here about it the more it’s clear that’s it’s a better bid overall.
Some people have been in favour of SJ* and other people have been in favour of SJ*
*Sheikh Jassim
*Sir Jim
*Sheikh Jassim
Agreed. Same with "Baader-Meinhof phenomenon" - heard about that one the other day, and now I keep seeing it everywhere.
I refuse to google that
It's you look at a dress on the internet, and 50% of people think it's Baader and 50% think it's Meinhof.I refuse to google that
It doesn't even really make any sense either. You can pretty much access the internet anywhere now very easily. It's not like you have to be stuck inside all day.
Can’t listen to a random on Twitter, Reuters aren’t reliable enough because of something made up in my head.
This takeover malarkey is hard
This takeover malarkey is hard
I suspect about 75% of the CAF will have to Google Baader and Meinhof!
Very conservative estimate
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