Club Sale | It’s done!

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VP89 said:
Means nothing at that level.
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Not necessarily true. You don't get a 5% for nothing.

The fact the general market is up might put a bit of a dampener on the excitement but it could also mean someone knows something early. Especially if it finishes around the 10% mark for today.
 
I asked before why you lot follow the stock price and the only answer I got was someone saying you were all idiots, so I'll give it another go.

Why are you following the stock price?
 
DOTA said:
I asked before why you lot follow the stock price and the only answer I got was someone saying you were all idiots, so I'll give it another go.

Why are you following the stock price?
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Because it can be an indicator that a juicy tweet in Arabic has dropped and all we need to do is find it
 
Rightnr said:
Not necessarily true. You don't get a 5% for nothing.

The fact the general market is up might put a bit of a dampener on the excitement but it could also mean someone knows something early. Especially if it finishes around the 10% mark for today.
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You can. Look at the historical price. There have been many false dawn days of 5% moves.
 
GaryLifo said:
Going to end with no sale. Called it from the start
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glazed said:
Get a grip. They're selling
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There’ll be a ‘sale’ but not like when other clubs get ‘sold’. They can’t do anything properly, ever.

They want to stay attached to the club imo with Ratcliffe’s face as the front and with him financing the mess they’ve made, like a daddy figure (just like where their original wealth came from).

For me, it’s full sale or nothing. I won’t consider it a proper sale until they are GONE from the club and linked in no way at all.
 
Rhyme Animal said:
There’ll be a ‘sale’ but not like when other clubs get ‘sold’. They can’t do anything properly, ever.

They want to stay attached to the club imo with Ratcliffe’s face as the front and with him financing the mess they’ve made, like a daddy figure (just like where their original wealth came from).

For me, it’s full sale or nothing. I won’t consider it a proper sale until they are GONE from the club and linked in no way at all.
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It's very unlikely to be an INEOS purchase because of the legal situation and the fact it's funded essentially at the expence of the class A share holders in a way that will very likely be illegal, and will certainly bring the Glazer name into disrepute in financial circles. Would you buy a share in anything Glazer owned after that?

Who knows what squabbles are happening behind the scenes but the likely outcome seems fairly obvious. Qatar.
 
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Woziak said:
Only in so much they will demand more for the full sale as they will say the club is now in good hands, has an elite Manager, woman’s and mens team back in CL. If the rumoured turnover is £630-640m this season without CL, they are seriously thinking about sticking around another year or Asking for more money and probably want the cash reimbursed for any summer transfers.
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No point in them sticking around. They can’t afford to run the club right now. No dividends and needs mega investment. They could only flush out two potential buyers this time around. How many do they expect to get if they ask for even more in a years time?
 
sparx99 said:
Looking back and seeing that point in time when debt was down to £342m hurts. The Glazers showed that is was possible for them to milk us AND pay off the debt. Since then its been a disaster. If we'd kept up the pace of repayments we could have been debt free even under their leadership.
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That was only possible when Ferguson was masking their complete ineptitude.
 
Woziak said:
Sticking around yes, asking SJ for reimbursement for transfer funds I highly doubt that is waffle, they have no shame whatsoever!
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Transfers would be paid out of club funds, not by the Glazers themselves. If a price were agreed with SJ then that is what they would get, whether the club were making transfers or not.

They could easily be delaying whilst making arguments for more money of course, but that would have nothing to do with transfers.
 
DOTA said:
I asked before why you lot follow the stock price and the only answer I got was someone saying you were all idiots, so I'll give it another go.

Why are you following the stock price?
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The stock price is effectively a reflection of what the market thinks the result of the takeover will be. 92F (or full takeover) is positive, any other result (or uncertainty regarding a resolution in the foreseeable future) is negative.

The bone of contention for me is that some people have tried to infer the market somehow knows more than the public regarding the outcome. The stock price is misunderstood by them as a true indication of the probability of a specific outcome, rather than the mere perception of what traders believe the outcome will be.

Personally, everything I have seen suggests the market only knows what has been reported publicly in the press and the stock price has been a byproduct of media reports, not a precursor to any material developments. Anyone saying otherwise is suggesting there is something illegal taking place.

I have just been tuning it all out. There is no need to add another layer of drama to this saga.
 
The fact that they can’t take any dividends and with how much is owed out between current liabilities and non current liabilities added to how far along the whole process is means that not selling is not an option and if nothing else that’s a positive we can take from all of today.

Our turnover may have been more than expected but we still only have £73 million in cash reserves and the only thing the parasites are in this with United for is to take as much money as possible, no dividends yet again means they’re not making any money at all from the club therefore staying is pointless.
 
Beggars belief how this takeover was allowed to happen back in 2005, the Glazers performed the heist of the century.
 
putzmcgee123 said:
Personally, everything I have seen suggests the market only knows what has been reported publicly in the press and the stock price has been a byproduct of media reports, not a precursor to any material developments. Anyone saying otherwise is suggesting there is something illegal taking place.
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Illegal things happen everywhere, stock market's certainly not immune to it.
 
I work in finance...I currently am dealing with one of the smallest acquisitions my firm has ever had (a little over $2M). We agreed to a price and general (non-binding) terms in Sept 2022. We likely won't close until November due to necessary adjustments in terms and other various governmental hoops we've had to jump through. Every deal is different...MU is structured differently than many other PL clubs. It's a complicated transaction that has many moving pieces. It's logical that term negotiations would be protracted.

I, and many on here I respect, keep explaining that there is no financial path to the Glazers being able to keep the team. Period. Everyone needs to calm down about them staying. They just aren't. It's right there in the numbers if you know how to look at them. Freak out and get all red faced about it if you want, but you are just creating unnecessary frustration in your life...
 
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