Was out down the local with Jim and the lads the other evening and actually tried calling someone a cnut because of this forum.
Club Sale | It’s done!
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Was out down the local with Jim and the lads the other evening and actually tried calling someone a cnut because of this forum.
I'm playing my guitar
thinking 'bout Qatar
sinuses are runny and flu'd
Ohhhhh, baby
I got those chronic catarrh blues
thinking 'bout Qatar
sinuses are runny and flu'd
Ohhhhh, baby
I got those chronic catarrh blues
Only allowed out very briefly and under very restrictive conditions. Not worth bothering.
Congratulations to India and Pakistan.
Negotiating with the A class shareholders won´t be cheap. Why would they accept anything less then what Jassim is offering? The Glazers won´t accept a dollar less. So why would they? If SJR and Glazers feck them, they are gonna get fecked straight back. And I really hope they do.
I still think the Glazers are fighting with each other. Why would Darcie and bros accept getting paid in 3-4 years if they could get most of it right now and invest elsewhere? For them four there's no winning in letting Beavis & Butt-Head staying around while they have to wait many years to get the cash.
Like others have said. If I wanted to sell a car for 50.000. Would I accept 45 straight away or get like 12,5 each year for the next four? I´d take the 45 without hesitating. I have four years to to invest those 45 and get back the 5. And if you are a business man you should even be able to do way better than just those 5 in four years.
Bizzare that weeks are drifting by without anything of substances been reported at all.
I just comfort myself in the thought that if they were staying then they'd be looking to get that news out whilst we're not playing football, and there's not been a hint of that happening really.
I just comfort myself in the thought that if they were staying then they'd be looking to get that news out whilst we're not playing football, and there's not been a hint of that happening really.
I don't feel like reading through the shite. Any update?
I feel like no update will fill the gaping hole in my soul, maybe if Evra was going to buy us or some such unsullied prince
I feel like no update will fill the gaping hole in my soul, maybe if Evra was going to buy us or some such unsullied prince
I watched Bone Tomahawk for the first time last night and the scalping scene in that film is less torturous than this farce.
I have nothing to add, just hoping I help at least one person relive that movie scene in their head before they go to bed tonight.
I have nothing to add, just hoping I help at least one person relive that movie scene in their head before they go to bed tonight.
It's the calm before the sandstorm.
No. NYSE closes in 10 minutes and with the weekend looming, we'll have to wait until next week.
That's why it's hypothetical.
Do you honestly think SJR would rather have the Glazers stay or is it more likely it was an attempt to entice them to sell a controlling stake given the information not everyone wanted to sell?
The easiest rebuttal for the Glazers would be that there shares are 10 times more powerful so therefore more valuable.
The A Shares are listed quite clearly and their limitations are clear. Nobody is fighting a court battle on the basis they should get equal value for A shares as the Glazers do for theres.
I'd be surprised if even Jassim pays equal amounts for each share, regardless of status. Tbh that would be a good reason why it may be taking a while in favour of Jassims bid. They could be working out how it's split. Does he pay market rate to the A class shareholders and the rest to the Glazers, or some other split.
Regardless, the fact remains that the A class shares are not equal to the B class shares. The Glazers shares are not listed either so their value is not defined by the stock market which only serves as a guide. It's why they are commanding an above market fee for the club.
Even if as some have suggested, the price plummeted upon a Ratcliffe takeover, I still don't think they would have much of a legal argument if it's based on equality not value or that the shares reached a premium. The counter arguments are just to easy for Ratcliffe and the Glazers, they're not equal at all and why didn't you sell when the price was high?
Oh that scene is the worst. Comes out of nowhere too. It’s just a boring ass western until then.
That's one of the most disturbing scenes I've ever seen in a film. I find this thread more bearable
The good old Bristol City’s haha. 74 was a little bit before my time. I was at Ashton Gate during most of the 80s though. Good memories with the old man.Had a totally different meaning when I was a kid, but you were probably expecting that...Just remembered you beat us twice in 74/74. Only team to do the league double over us.
Out of interest, how much influence do Andy Currie and John Reece have at Ineos with their 20% each?
I imagine Andy has little to none as even Google mocks him by having Ratcliffe pop up when you Google him.
I imagine Andy has little to none as even Google mocks him by having Ratcliffe pop up when you Google him.
?? What has india and pak got to do with the sale? Although by now we have discussed everything under the sun so why not India and pak too.
P.S: Just realized we reached page 1947.
Rio said on Monday something could be happening Tuesday, nothing happened.
Reports that the Ratcliffe bid is dead in the water.
Reports that the reports of the Ratcliffe bid being dead have been greatly exaggerated.
Ratcliffe said he wouldn't re-name Old Trafford.
We got no updates on how Qatar are feeling this week.
Another week bites the dust.
So if it's anti Jim then people are worked up and being toddlers, but if it's anti Qatar then it's just a bit of fun? Come on.
So what’s going on?
I've said this to you before, this is not how minority shareholding is interpreted in a legal sense. Minority shareholders have rights to fair treatment under the law. If they could simply get shafted at any turn, no minority shares would have value and the whole stock market might not exist.
Sound, thank you
Pretty much, nothing.
The longer this goes on, the more dividend payments will enter the account of The Glazers. Also the value of the club will likely increase with the progression of time, so there is no inherent rush to sell.
@Pexbo give me the vibes?
Honestly i doubt this is going to affect our transfer business at this point. So although it'd be nice to open that bottle of champagne, i'm not all that concerned. I'll keep drinking beer until it's done.
The SEC's website is great for looking at annual reports and how the Class A shares are split. You can also look up various documents related to the club and see what comes up.
https://www.sec.gov/edgar/browse/?CIK=1549107&owner=exclude
And I'm not saying they have no value, only that they are not equal.
I know. I assume the 92F, if successful, would also need to publish United’s results to the EPL for FFP (or whatever it’s called these days). So will probably still be made public anyway.
They probably do, actually, just like we (UK) do. It’s called gold.
They are equal at nominal or par value. Voting rights don’t matter.
JagUTD is right they don't hold the same quality but when they were sold on the NYSE they were advertised as having the same value, each share category, A and B, having the same value, receiving the same dividend.
Malcolm sold off 10% of United as A class shares. They were valued as representing 10% of the club.
What would the Glazer's say - they were never worth the same as class B, we lied?
The Glazer's have tried to take the proverbial, and have with us fans, but these A class investors are a different category of individuals and it is time to pay up.
Regardless, the board must act in the best interest of each shareholder, there should be no preference for one group over another. There shares are equal:
"The rights of the holders of our Class A ordinary shares and our Class B ordinary shares are identical"
from the sales prospectus -
https://www.sec.gov/Archives/edgar/data/1549107/000104746912007537/a2210287zf-1a.htm
Yeh, I think it's fair to say their own words may end up coming back to bite them but in general, I don't think it's unusual for their to be a premium on the shares with more voting power.
If SJ daddy can drop King Charles a cool £3 million in plastic bags I don’t think they’ll have too many problem with a legitimate transfer into Cayman Islands accounts, enfact they probably will be billed for the £150m the club is going to spend in transfers by the end of next week as well !
https://amp.theguardian.com/uk-news...-is-said-to-have-been-given-3m-in-qatari-cash
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Totally agree. Wish I could give you a ‘like’ to help you onto full membership.
Of course they won’t. Do people seriously believe they borrowed 220Bn to host the World Cup?
Totally agree the shares will be sold at the same price rumours at $38 and the Glazers will get an additional payment which does not represent share value to relinquish control of the club, they want compensation for the potential loss of future revenue through investments in the land they own and future merchandising and broadcasting deals. Call it a bill of Sale if you like which basically says they hand over as custodians of the club to a new owner for a huge financial payment which will be paid into their Cayman Islands accounts tax free.
Go to bed Kanye
It's a bit different in that they didn't have to hide the fact the state was funding the world cup where as they do with purchasing United.
Wow. Didn't even see this.
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