It's like playing the lotto. The dream before the disappointment.
Yeah just a top ST and CM plus cheap CB
Club Sale | It’s done!
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Yeah just a top ST and CM plus cheap CB
City were purchased in 08. FFP was introduced in 2011 in the premier League.
With the improvement on the pitch since last season I hope the Glazers decision isn't affected and they're still going for the sale wholeheartedly.
The lack of leaks/insights into any offers is odd? When the Chelsea sale was happening, the bids from all parties were in the media.
Should this deal be any different? I would've thought serious bidders would care about lobbying/campaigning for fan/media support.
The lack of leaks/insights into any offers is odd? When the Chelsea sale was happening, the bids from all parties were in the media.
Should this deal be any different? I would've thought serious bidders would care about lobbying/campaigning for fan/media support.
If the club is sold, the Glazers will sell to whoever is the highest bidder. It is as simple as that. It is therefore a waste of time for any prospective buyers to try to get the fans onboard - the Glazers do not care (and have never cared) what the fans' preferences are.
The PR campaign won't begin until after someone has won the bidding.
The Glazers are based in the States and we've maybe heard from them no more than a handful of times over the years of their ownership - I can't imagine many journalists have access to them. Chelsea's sale was extremely public and under time constraint. I wouldn't worry.
I'm no expert but I'd imagine it's different if your a plc whereas Chelsea where privately owned and also it was ripped away from the owner which is something you don't see that often
If ME interest is confirmed then we aren’t being sold to anyone else
This makes it clear he's the right man for continuity of culture. Needs to prepare a bid now.fecking ratcliffe has officially taken over the mantle of “monitoring FC” from us.
Hopefully not American please
Lolz. Yes. We have already suffered from one family and seeing Boehly do his stunts, I hope we don't get anyone from that side
@Messier1994 Thanks for all your posts, they’ve been an interesting read. You’re an asset to this thread and site.
Yeah. Seems unlikely anyone could outbid them if they really want it.
ME interest was confirmed ages ago, even in the world cup.
So pretty much what I said a few pages back. Preliminary discussions with no official bids yet. That's why there hasn't been anything substantial. Better get comfortable, this one will take awhile.
Invitation for formal bids by mid Feb, really not that long to go..
I doubt Ratcliffe is monitoring anything. The way these sale processes work is in phases, with an initial phase for all interested parties to make an indicative offer, and then a phase 2, where shortlisted bidders get the opportunity to refine their offer and make it more attractive for the sellers. From that a final preferred bidder is selected. Unless you come in and blow everyone out the water, you’re not going to get e second bite at the cherry if you weren’t already interested at the initial phase.
Now we’re cooking!
Middle East and Asia. Here's me thinking the ME is in Asia.
Every day under Glazer ownership is too long.
On a more serious note, I expect the deadline to be pushed until the end of February. These deadlines tend to be flexible, not set in stone. And that's just the formal bids. Then you have shortlisting process, more discussions, more bidding, etc. Could see the entire thing dragging well into April, maybe even May. The Glazers will want to get the most money possible. As long as it gets done before the summer transfer window opens.
Many are saying this, but I find the bolded part hard to believe
There's so many privvy to talks from many different parties, and not just those doing the buying and selling, combined with the amount of interest there will be to get news from the media etc, that things naturally trickle out
I could believe it if it happened in the next month, making it a quick sale. But the longer it drags (this is Manchester United, it will drag) - the more people are going to demand updates into the process. The longer the stadium plans are on hold, the more people will want answers. Shareholders will want answers etc.
The article literally says Q1 sale is still the target hence the mid February deadline for bids. Are people just negative for the sake of it?
Ratcliffe also is clearly not serious. Bid dependent on us reaching CL
Looks like Ratcliffe is the man for us after all. Monitoring the situation, preparing a bid etc
Asia as in East Asia?
No one in Asia would want to invest in big football club.
No one in Asia would want to invest in big football club.
"monitoring the situation" is a new way of saying "doing nothing"
I mean pedantics aside I suppose they had to distinguish the Arab owners from the Chinese/Indian ones. 'Asia' is a wildly ambiguous umbrella.
+1, than you @Messier1994
Apologies for my shit English but is it one takeover bid coming from a consortium made up of investors located in three different places (ME, Asia and US)?
Of course the Glazers would handle the optics and comms of selling our club like they handled our transfers. Why would we think they would do it any differently? They'll be "preparing to accept offers" next
My guess is he's taken one look at the investment needed with the stadium and squad and decided he doesn't fancy it.
The man isn't a serious contender, never has been. He's always talked the big bollocks about wanting to own the club as a fan, but now the opportunity presents itself he predictably shies away. He'd much rather enjoy his Chelsea season ticket.
He's the elitist version of Knighton.
The article literally says Q1 sale is still the target hence the mid February deadline for bids. Are people just negative for the sake of it?
Ratcliffe also is clearly not serious. Bid dependent on us reaching CL
What will it take for you people to understand that targets and deadlines are not divine law in sales such as this one? There are almost always hiccups, hurdles, delays. More discussions, more due diligence, more bids... It's common and nothing is going to happen if they miss the given target by a few weeks or a month. If the Glazers believe they can get a better offer they are not going to cut the process short out of some principle, particularly when the club is a hot property with many bidders. Not everything is "negative", it's just what's common and reasonable. Could it happen Q1? Sure. Could it draw well into Q2? Also likely.
Anyone else think it's virtually a done deal?
It is but in business terms it's normal to use region-specific acronyms as well, ie. EMEA (Europe, Middle East, Africa) and APAC (Asia-Pacific) to distinguish between markets.
I'm plenty curious to know who the bidders from Asia are? China? Japan? India?
Probably. With the type of money they're talking about, there's realistically only a few candidates
They are not divine in law, correct. However; in most businesses when people are entertaining bids for such things, there is a deadline for a reason. If Glazers believe they can get a better deal, they could end up waiting years too on that argument, which is why a deadline has to be set, otherwise buyers will not take it seriously.
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