Berbaclass
Fallen Muppet. Lest we never forget
SometimesA solid source.
SometimesA solid source.
It’s holiday season, a few of the Raine group members will most probably be away for the summer.You mean concrete news?
Call me crazy but I genuinely think something final was agreed last week and payments are currently be transferred and checked for final ownership to SJ, the issues are the clubs debt, we don’t even know if it exists from just one lender or if it’s multiple lenders, and if so payments need to be made into multiple accounts, their are 6 Glazers plus Woodward for a start after you’ve paid the creditors. Reuters and Bloomberg are not like the media, they report only on facts not fiction.If somehow they look to change the memo/articles of the company, to allow Class B shares to remain Class B even on sale to a non Glazer, that process would require a board meeting. Those independent board members, who were previously spooked by the Class A shareholders threatening litigation will, no doubt, be clearly reminded of their duty protect all the shareholders.
There was a board meeting at the AGM last week with no cameras or recording equipment allowed in the meetingIf somehow they look to change the memo/articles of the company, to allow Class B shares to remain Class B even on sale to a non Glazer, that process would require a board meeting. Those independent board members, who were previously spooked by the Class A shareholders threatening litigation will, no doubt, be clearly reminded of their duty protect all the shareholders.
You’re crazy but I believe you.Call me crazy but I genuinely think something final was agreed last week and payments are currently be transferred and checked for final ownership to SJ, the issues are the clubs debt, we don’t even know if it exists from just one lender or if it’s multiple lenders, and if so payments need to be made into multiple accounts, their are 6 Glazers plus Woodward for a start after you’ve paid the creditors. Reuters and Bloomberg are not like the media, they report only on facts not fiction.
Like how @CrackersJr is just holding his Redcafe account until his nephew is old enough
Interesting to see you threw this story into the mixer. Going to take some time for this to set in. Solid foundation to the story.
Might need a new tag line before that happens
Hopefully the new owner can put in better foundations to help the club prosper
Can you smelllllllllll what the rock is cooking?
Drum roll please!**Cue the entrance music** and the wait near Gorilla (legendary commentators spot)...
Who knows?Call me crazy but I genuinely think something final was agreed last week and payments are currently be transferred and checked for final ownership to SJ, the issues are the clubs debt, we don’t even know if it exists from just one lender or if it’s multiple lenders, and if so payments need to be made into multiple accounts, their are 6 Glazers plus Woodward for a start after you’ve paid the creditors. Reuters and Bloomberg are not like the media, they report only on facts not fiction.
Once the sale goes through, I think there should be a massive image of Joel & Avram projected onto all the major landmarks throughout the World.
Exactly!With the word C-u-n-t written on their foreheads?
Once the sale goes through, I think there should be a massive image of Joel & Avram projected onto all the major landmarks throughout the World.
Avram looks like something that would be dumped from one of Jim's factories. Projecting an image of him would traumatize people.
Sorry, foundations were built with pyriteInteresting to see you threw this story into the mixer. Going to take some time for this to set in. Solid foundation to the story.
Interesting to see you threw this story into the mixer. Going to take some time for this to set in. Solid foundation to the story.
Scum.
Sub human scum.
Interesting to see you threw this story into the mixer. Going to take some time for this to set in. Solid foundation to the story.
Hopefully the new owner can put in better foundations to help the club prosper
Already seeing cracks in the story.
Can you smelllllllllll what the rock is cooking?
And the other siblings will just fold their hands and rue their misfortune, why? Remember the only reason J and A are in power at United is the cooperation of the other four siblings, what if they decide to vote out J and A from the board? Would they still enjoy owning United without the power and prestige it brings?
If push comes to shove the other four along with the minority shareholders have enough power to run the club without J and A or to even sue for variation which could break the Class A and B distinction of the holdings which would instantly smoothen the process. I read on here that all it takes is for a shareholder to own 15% and they could sue for variation, if there is a complete break within the family then the other four would have a stronger case to sue for variation especially if they can prove that Joel and Avram are actively trying to screw them over.
Excellent post, really acknowledges the current situation and clearly summarises the potential outcome if the Glazers continue to stall.
Once the sale goes through, I think there should be a massive image of Joel & Avram projected onto all the major landmarks throughout the World.
Great analysis in your posts. But I didn't understand this sentence.There's a few moves to go in this hypothetical chess game until the inevitable checkmate of SJR's bid.
Great analysis in your posts. But I didn't understand this sentence.
What do you mean by "the inevitable checkmate of SJR's bid"?
It sounds like you're saying that SJR will "inevitably" win no matter what, as that is what "checkmate" implies. But I'm not sure if that's what you really meant?
Great analysis in your posts. But I didn't understand this sentence.
What do you mean by "the inevitable checkmate of SJR's bid"?
It sounds like you're saying that SJR will "inevitably" win no matter what, as that is what "checkmate" implies. But I'm not sure if that's what you really meant?
Great analysis in your posts. But I didn't understand this sentence.
What do you mean by "the inevitable checkmate of SJR's bid"?
It sounds like you're saying that SJR will "inevitably" win no matter what, as that is what "checkmate" implies. But I'm not sure if that's what you really meant?
Call me crazy but I genuinely think something final was agreed last week and payments are currently be transferred and checked for final ownership to SJ, the issues are the clubs debt, we don’t even know if it exists from just one lender or if it’s multiple lenders, and if so payments need to be made into multiple accounts, their are 6 Glazers plus Woodward for a start after you’ve paid the creditors. Reuters and Bloomberg are not like the media, they report only on facts not fiction.
With there being no news anymore it feels like that, they have nothing to hide behind anymore. Especially if the Ratcliffe dead bid is trueI had a good chat about all this with one of the best plugged in finance journalists in the country last week who is following this closely. Their private view (based entirely on rumour and second and third hand gossip) was that Joel and Avram were blocking but there was no real route forward for them. I think that's most likely the case and they will fold at some point if the Qataris hold their nerve. Given that the Qataris must know that too they have no reason to fold first.