Club Sale | It’s done!

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Rhyme Animal said:
feck knows. Finance probably.
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Zora said:
Nurse. And everyone will die from shock.
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Football journalist wise-it has to be Ornstein and then people like Whitwell and other Athletic journalists will latch on- then Romano will quote "per Ornstein" and then simultaneously Kleinman will provide the numbers from the British side. BBC and Stone will hold back in order to get verification.

Then, of course, Reuters, Bloomberg etc will refer to dollars and probably break down what each of the Glazer siblings will receive. If Jassim is preferred there will be speculated share price figures as well as what Glazers get.
 
Yorke to Cole said:
Football journalist wise-it has to be Ornstein and then people like Whitwell and other Athletic journalists will latch on- then Romano will quote "per Ornstein" and then simultaneously Kleinman will provide the numbers from the British side. BBC and Stone will hold back in order to get verification.

Then, of course, Reuters, Bloomberg etc will refer to dollars and probably break down what each of the Glazer siblings will receive. If Jassim is preferred there will be speculated share price figures as well as what Glazers get.
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I think from the footy writers Keegan is likely to be among the first.
 
Yorke to Cole said:
Football journalist wise-it has to be Ornstein and then people like Whitwell and other Athletic journalists will latch on- then Romano will quote "per Ornstein" and then simultaneously Kleinman will provide the numbers from the British side. BBC and Stone will hold back in order to get verification.

Then, of course, Reuters, Bloomberg etc will refer to dollars and probably break down what each of the Glazer siblings will receive. If Jassim is preferred there will be speculated share price figures as well as what Glazers get.
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Sky News have usually been on it too (not Sky Sports, they hardly work together on these things). They were the first to break the news about Glazer's being open to sell and generally report actual news on it - they have more links it seems

The sports writers generally know second hand or third hand information and give little to no detail in their articles. It's all fluffy language with the key theme being "I dunno, anyone's guess to be honest"
 
Yorke to Cole said:
Football journalist wise-it has to be Ornstein and then people like Whitwell and other Athletic journalists will latch on- then Romano will quote "per Ornstein" and then simultaneously Kleinman will provide the numbers from the British side. BBC and Stone will hold back in order to get verification.

Then, of course, Reuters, Bloomberg etc will refer to dollars and probably break down what each of the Glazer siblings will receive. If Jassim is preferred there will be speculated share price figures as well as what Glazers get.
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Athletic have been nowhere near this story
 
Yorke to Cole said:
Who will be the first legitimate journalist anyone expects to say something concrete? Keegan, Solhelkol, Lawton, Ornstein, or will it be a finance expert like Kleinman?
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If a preferred bidder is chosen (and/or a deal is agreed) in the coming weeks, the announcement will likely come first from the club rather than one of the bidders' London PR agencies - the United directors need to abide by their NYSE reporting obligations. Keegan et al will get their PR pieces eventually, but the initial news will come from United.
 
Infra-red said:
If a preferred bidder is chosen (and/or a deal is agreed) in the coming weeks, the announcement will likely come first from the club rather than one of the bidders' London PR agencies - the United directors need to abide by their NYSE reporting obligations. Keegan et al will get their PR pieces eventually, but the initial news will come from United.
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I’m guessing there will be no announcement of a preferred bidder, just one of a winner.
 
I think a preferred bidder will be named by next week. It will be several more weeks until the takeover is completed though. Our transfer window is fecked.
 
People keep repeating that our transfer window is fecked or similar, but is that actually the case?

If Jim or Jassim took over tomorrow we'd still be working under the same FFP restrictions would we not?

I read somewhere recently that Kieran Maguire thinks we could spend £250m this summer and still adhere to FFP.
 
TheNewEra said:
In fairness he said COULD be hours away.

Carrington could be overridden with Cows and other farm animals but its pretty unlikely.
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To be fair, there are 6 billion chickens on the planet, it's more likely a chicken uprising would occur. In that scenario, it's batten down the hatches, send the kids and wives to a safe location, and prepare for war ...
 
George The Best said:
At 38 USD per share that equates to about 6.2bn USD? Not much happening on the after market, so suspect this is rubbish.
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laughtersassassin said:


This account which I personally don't believe but see other posting are saying it could be hours away.

I'd say it's bullshit but here's hoping they are correct
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Enterprise sale to the Glazers with legacy premium would be about $5.3/5.5bn plus they have 6.9 million A Shares at $268m from selling their 4.3% of A shares as well. Add the Debt $660m and then 50 million shares at $38 which is $1.9bn - $268m Glazer A Shares.

The total cost could be more like $7.7 to $8.1bn to buy 100% of the club debt free and yes the Glazers might still delay the proceedings. The cost is not only the A and B shares plus the debt but an enterprise premium is going to be paid to relinquish future merchandising and broadcasting opportunities. This is what the Glazers have been holding out for.
 
Partridge said:
To be fair, there are 6 billion chickens on the planet, it's more likely a chicken uprising would occur. In that scenario, it's batten down the hatches, send the kids and wives to a safe location, and prepare for war ...
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Is this the bird equivalent of the great replacement theory?
 
Yorke to Cole said:
Who will be the first legitimate journalist anyone expects to say something concrete? Keegan, Solhelkol, Lawton, Ornstein, or will it be a finance expert like Kleinman?
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None of the above

It will be an official club announcement for the stock market and then all journos will race to report on it
 
Rood said:
None of the above

It will be an official club announcement for the stock market and then all journos will race to report on it
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All right then, who will win the "race" after it has been announced to the stock market? Laugh out loud.
 
Devil You Know said:
Is this the bird equivalent of the great replacement theory?
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Absolutely. We thought it would be the apes that would rise up. We were wrong..add in the government controlled pigeons, and the fact that sheikh Jassim is a variation of the chat ai apps doing the rounds, we could be in a fair bit of bother.
 
Ian Reus said:
Seems to be a lot of smoke on twitter regarding a possible announcement tomorrow.
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Tell us more provided the smoke isn't coming from that Nick Speed fella being parroted by United Stand which looks like garbage
 
Woziak said:
Enterprise sale to the Glazers with legacy premium would be about $5.3/5.5bn plus they have 6.9 million A Shares at $268m from selling their 4.3% of A shares as well. Add the Debt $660m and then 50 million shares at $38 which is $1.9bn - $268m Glazer A Shares.

The total cost could be more like $7.7 to $8.1bn to buy 100% of the club debt free and yes the Glazers might still delay the proceedings. The cost is not only the A and B shares plus the debt but an enterprise premium is going to be paid to relinquish future merchandising and broadcasting opportunities. This is what the Glazers have been holding out for.
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And I think Jim clocked onto that and hence the offer to glazers to stick around?
 
Woziak said:
Enterprise sale to the Glazers with legacy premium would be about $5.3/5.5bn plus they have 6.9 million A Shares at $268m from selling their 4.3% of A shares as well. Add the Debt $660m and then 50 million shares at $38 which is $1.9bn - $268m Glazer A Shares.

The total cost could be more like $7.7 to $8.1bn to buy 100% of the club debt free and yes the Glazers might still delay the proceedings. The cost is not only the A and B shares plus the debt but an enterprise premium is going to be paid to relinquish future merchandising and broadcasting opportunities. This is what the Glazers have been holding out for.
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The future merch and broadcast rights come with a new stadium expense that the skint glazers don't have money to pay for. So no they aren't holding out for some premium on future revenues, they have a price on mind and are squeezing the buyers to get as close to it as possible.
 
SmallCaine said:
The future merch and broadcast rights come with a new stadium expense that the skint glazers don't have money to pay for. So no they aren't holding out for some premium on future revenues, they have a price on mind and are squeezing the buyers to get as close to it as possible.
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Yep look at the May Forbes valuation, this is how Raine have valued the sale, there’s been so much mis reporting through this process about how much they actually wanted ?
I have included the link and you can see that this is how they valued their price to relinquish control of the club.

Future Broadcasting $2bn when all the final reports are published fans of the club are going to be completely astonished at how much the Glazers actually wanted and how much they actually got paid!

https://www.forbes.com/teams/manchester-united/?sh=c71d73213f94
 
MDFC Manager said:
And I think Jim clocked onto that and hence the offer to glazers to stick around?
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Exactly even now, his bid was rumoured to be huge for just 50% but he used bonds and loans to raise the capital, his bid would have been a huge issue due to him not buying the remaining 31% shares or offering Fair Trade Price, potentially the club could have been dragged through the courts as his plaything while a legal battle costing him millions and maybe another £1bn to settle for remaining A Shares.
 
Yorke to Cole said:
Football journalist wise-it has to be Ornstein and then people like Whitwell and other Athletic journalists will latch on- then Romano will quote "per Ornstein" and then simultaneously Kleinman will provide the numbers from the British side. BBC and Stone will hold back in order to get verification.

Then, of course, Reuters, Bloomberg etc will refer to dollars and probably break down what each of the Glazer siblings will receive. If Jassim is preferred there will be speculated share price figures as well as what Glazers get.
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Did you ask, and then answer your own question??
 
The announcement: Glazers to support the European super league and see Uniteds value increasing so do not wish to sell
 
Woziak said:
Yep look at the May Forbes valuation, this is how Raine have valued the sale, there’s been so much mis reporting through this process about how much they actually wanted ?
I have included the link and you can see that this is how they valued their price to relinquish control of the club.

Future Broadcasting $2bn when all the final reports are published fans of the club are going to be completely astonished at how much the Glazers actually wanted and how much they actually got paid!

https://www.forbes.com/teams/manchester-united/?sh=c71d73213f94
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Those are made up bs nos. just last year utd were valued at $4.6bn https://www.forbes.com/sites/mikeoz...worth-51-billion-back-on-top/?sh=7938bc7f286b, what magical events happened in a year that the valuation rose to 6bn? there is no financial basis to that increase. Glazers have wanted 6bn that has been pretty consistent, neither buyer is willing to go close to that figure.
 
Another day of complete radio silence, or will we get to dance to the tune to some news or rumour today?
 
Woodward got plenty of abuse including bavaclala masked men visiting his house in rage. How come the Glazers never had such a thing happened to them? what they did is way worse and the worst thing that has ever happened to them directly is a reporter asking if they were considering selling the club.
 
tenpoless said:
Woodward got plenty of abuse including bavaclala masked men visiting his house in rage. How come the Glazers never had such a thing happened to them? what they did is way worse and the worst thing that has ever happened to them directly is a reporter asking if they were considering selling the club.
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Thickos in balaclavas struggle with the online ESTA application form?
 
Another day passes, and more stone wall silence from the Glazer clan. My god they’re special, what a brilliant way to conduct business.
 
tenpoless said:
Woodward got plenty of abuse including bavaclala masked men visiting his house in rage. How come the Glazers never had such a thing happened to them? what they did is way worse and the worst thing that has ever happened to them directly is a reporter asking if they were considering selling the club.
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Wasn't the Woodward thing suspected to be a PR stunt?
 
croadyman said:
So why is Keegan talking up Jassim bid whereas Times are wearing Ratcliffe baseball caps
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Keegan hasn’t talked up Qatar for a while now. He was great for Qatar news at the beginning but added nothing from that camp since
 
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