Uh oh
Club Sale | It’s done!
- Thread starter JB08
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Do the smaller teams still get the proceeds of luxury tax if the big teams overspend? A lot are just happy to exist, no consequencies for failure as no relegation.
This explains why it’s now either “Qatar or Minority”.
Gut says that Qataris are currently in exclusive negotiations and that’s why it had gone silent and they’re confident it will be closed soon.
Please just announce something today
I think the best approach is to pop in here at the end of each day and see if there have been developments.
Otherwise some of you will be mentally shot by the time this is done. !
Otherwise some of you will be mentally shot by the time this is done. !
He may be good at crunching the numbers but I dont think he has an M&A background.
So we're left with Jassim or minority investment into the club now.. hope SJ wins, Glazers staying on would be horrible for the club
Bad news if true. Glazers/Raine need to give Qatar some competition to get the price as high as possible.
Therefore the minority bollocks is going to come roaring back for the next few months. I'd take Ineos any day over that shit
I stopped reading all the posts a little while back. I go to the last page whenever I log on and it pretty much sums up the mood.
Ratcliffe is a business genius
Nice, music to my ears. A better alternatives to the parasites, but the Qatar plan looks so much better for the future.
By all accounts, Qatar's fifth offer was the final offer. 'Accept it or reject it'.
If you look past the noise Qatar won this a while back. It's just going through the 5 stages of bullshit, bluff and family infighting
Why is it music to your ears?
Makes minority investment much more likely as it's now the only alternative, which the Glazers will play on in the months or years to come of this sale process, Ineos being around has always made a sale much more likely.
The luxury tax is re-distributed to the teams below the tax threshold. All of the proceeds of that go directly to the owners of the remaining franchises.
Do you think that'll stop the Glazers waiting and waiting for them to raise their offer?
If that’s true and Jassim has an ounce of sense then he should tell the Glazers to whistle for their 6 billion and make a revised, much lower, bid. Madness to play so much over the odds when the other bid is “dead in the water”.
This could drag on and on…
If he does that they’ll simply go down the minority investment route. Not worth the risk at this stage .
It'll be something like "look, this is now your only offer, there's no-one else to bid against me, this is as good as it gets".
The minority angle is just to keep the Qataris on their toes, nothing more than a boogeyman desgined to strengthen the Glazers negotiating position.
It did not say much about minority investment in that tweet, right? More like Ineos offer is dead because of fear or minority investors suing MUFC (I guess because that offer is only for Glazers, with the minority shareholders getting screwed, unlike in case of Qatar offer which also buys the other shareholders).
In any case, I do not want Ineos, better than Glazers, but completely unconvinced by their plans. A levereged buyout (albeit the new debt being on the parent company), not cleaning the debt, and having 2 Glazers as minority investors (and likely board members) is not what I want.
So does that get used on the team or does it go into the owner back pockets.
That could also be why INEOS leaked the 'dead in the water' rumour. in the first place. That way lies madness.
Remember SJ doesn't actually care about money he just doesn't want to look like a mug. He's obviously done the smart thing and ended the game theory sealed auction by saying here's what it's worth to me take it or leave it. He will have been advised that the other share holders will reject the INEOS option because of the legal risk.
We should confuse everyone by divorcing the Glazers and pulling out of all sales
Gloomburg
My guess is that Qatar are in exclusive negotiation period and that’s why the INEOS bid is dead. You’d think that part of negotiations for entering that period would be to protect the Glazers from exactly what you say.
Agreed
The INEOS bid has been dead in the water for some time.
Bloomberg also sitting on info in terms of what the bid is and awaiting a second source.
Bloomberg also sitting on info in terms of what the bid is and awaiting a second source.
Monday I think
He is cunning.
Are we even sure Ben Jacobs is a real person?
So what about all the British football journos who kept saying INEOS remained the most likely?
Mugs
It goes to the owners.
Those other franchise's are already profitable but choose to operate below the salary cap. There's no infrastructure costs for an NBA franchise as that gets funded by the cities or else the owners threaten to move the franchise to a new city
.
Had a real go at buying united without spending a penny of his own money. I'd I wasn't a united fan I'd be impressed
Outsmarted himself by proposing an impossible deal
I would say they are clueless. Or I am
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