You’re green as grass if you think this government will let a transparently state backed Qatari takeover be blocked. Honestly have a think about the politics. There is literally zero chance they are turned away.
Club Sale | It’s done!
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Great post
Stocks are called equity for a reason. They should have the equal financial power (buying/selling them, dividend etc).
I would not be surprised if any sale that fecks over the minority shareholders to be blocked or at least be a long series of legal battles over that.
If the Glazers shares were also listed on the NYSE and with the fact they said all shares would be of equal value, I would agree that the A share holders have a solid case. When I looked into this a few weeks ago everything related to publicly traded shares and that it was normal for there to be a premium for the higher class.
At the time of the initial IPO the stock sort of bombed as well, because what was on offer wasn't particularly attractive due to get set up of the shares. I also couldn't find anything concrete on how the fact the Glazers shares are not listed, other than that if they were, the shareprice would be significantly higher and this would be a fairly moot point.
You're are probably right in that one, Newcastles owner barely even tried to hide it and even admitted it in open court not long after.
I don't think it's a positive thing though that the UK government would be happy with it. If we were all happy with what the UK government was happy with then we'd be some serious cnuts.
Couldn't it just be that simple that the Glazers are hoping that SJR will be able to borrow more money to rise his offer and therefore force Jassim to counter rise his? I still believe they just want as much cash as possible. If SJR wins they are still getting kicked out in a few years. I don´t think that staying is so important for that short period of time. If they were promised they could stay for another 10-15 years it would be another thing. This is a slow, high risk, poker game.
We’ll that’s the smart thought process, the Greedy Glazers want £6bn simple for 100% preferably then they will all forget for another 2/3 months and try and get £7bn the only way you close this deal is SJ and 92 Foundation go on record and say that the $1bn to invest in the club on top of the £5.4bn they were going to pay the Glazers has now been revised to only invest £200m in the infrastructure as the bid has now been increased to £6bn but all the Glazers only have 48 hours to make their mind up.
Yes, they will purchase United with gold bars. Even if they could, how exactly is the Nine Two Foundation going to explain where they got those gold bars from?
Subtle.
I don't mean to single you two out, but you were the ones I saw over the last pages talking about this.
Yes, the board has a fiduciary duty towards the shareholders to always act in their best interests. But it's not the board that is selling the shares? It's the individual Glazers who are selling their shares privately. No matter if they are on the board, selling their shares is a personal decision, not a board decision?
And if the board ever does something that the majority of the shareholders (in other words, The Glazers) don't agree with, then the shareholders will call for an extraordinary shareholder meeting where they will elect a new board that will do as the majority wants?
I log in, 12 new pages and think, finally something must have happened. Nope. This is 100% going into next year isn’t it?
Buzz light year to infinity and beyond
They have fecked us haven't they. And Sir Jim too. If he hadn't come up with that idiotic idea of not buying the whole club, the sale would have been done a month ago. We would have now already bought Caicedo and Osimeh with the oil money and be looking forward to challenging, Instead we are trying to buy Haaland from Lidl and just hoping for top 4 again. cnuts. Sir Jim too.
Hi lads,
just heard glazers might be open to selling the club. Rumours of two potential buyers. Any truth to these whispers? All a bit sudden and out of the blue!
just heard glazers might be open to selling the club. Rumours of two potential buyers. Any truth to these whispers? All a bit sudden and out of the blue!
Case in point
No it doesn't. Now fek off you utter twat.
Howard Nurse, is that you?
But SJ wants to buy all the shares, so that changes the situation.
Shame on you. Beer is horrendous. Champagne on the other hand is marvelous.
All true except they Class B shares can't be sold as such outside the Glazer family without a board meeting where two thirds of the share holders vote to change the rules. And that would clearly not be in the interests of the Class A shareholders as it only benefits the INEOS bid. There's no need to change the rules for a Qatar buyout as they want all the shares anyway.
1949 - big year geopolitically:
- NATO established
- CCP takes over in China
- West Germany and East Germany are formally established
- Israel admitted to the UN
Qatar's national debt is around 60 % of GDP, that's many Uniteds worth. Why do they have debt if they're so rich?
They're not going to sell assets to buy a football club. They'll either take up a loan, which they'll pay back somewhere down the line from income by selling natural resources, or they'll use gas money directly. It doesn't make any difference.
I was going to say this would be sorted by page 1970 my birth year but that's too close now. So I had a re-think and came up with 2 new pages for completion. 1980, my 10th birthday and also the day Lennon got shot or 2019 the year I lost my innocence (virginity). 
Aah so it's all downhill from here.
Firstly I am spitballing/streams of consciousness here -- crap I learnt from uni.
It's sometimes more prudent to carry debt, especially during a period of cheap interest rates -- which we have had for a couple of decades now. That has recently changed.
There are also different types of debt like bonds in Qatar's case.
Another key is to look at its balance sheet -- and whether the assets outweigh its liabilities. Then you need to look at the type of debt that it's carrying.
Then you need to also look at the country's credit rating. This will give you an indication of how risky they are.
Tbh I have not looked into Qatar's so I cant comment specifically on their debt.
possibly even more so in 1940, aimed at then PM Chamberlain by Leo Amery... resulting in Churchill taking over (end of history lesson)Better remembered for the headline to Graham Taylor
Or was it Robson?
not sure history paints Cromwell as evil... didn't see the Hitler thing. Also Leo Amery aimed it at Nev Chamberlain and gave Britain Churchill!
Has this become a history thread?
best wash your mouth out with acid after mentioning that creature
it's a bloody great quote - and pretty apt, I'd say, for the glazers
This damn thread will be hitting modern day and beyond...
The nature boy, Rick flair, was born in 1949 …. WOOOOO
We can probably thank Joel mainly for the length of this thread- (Avram just seems to follow him).
Just wish Jim hadn’t planted the idea of joint ownership into their heads in the first place.
Just wish Jim hadn’t planted the idea of joint ownership into their heads in the first place.
I'll give you a figure four leglock out of ten for that comment, I'll get me coat.
Last time I followed this news, Rio Ferdinand was telling us that the Qataris are close to buying United.
I think that was like a month ago. What happened?
I think that was like a month ago. What happened?
Anyone able to verify this? Article is from Feb, maybe it’s common knowledge in here and I wasn’t following this that closely back then.
HBJ found a load of Shopping bags in the back of a fridge he'd forgot about, turns out there was £6b worth of gold in them.
But M&S bags this time, you can't transport Gold in Tesco bags.
I hear what you say mate, but there will still be debt so how will we be able to fix Old Trafford and Carrington and still compete in the transfer market if they move around debt? Im sure INEOS shareholders wouldnt want to just give 1-2 billion quid to upgrade Stadium and training ground without seeing any returns.
Meh, I don't think there's any real motive behind Jim buying us beyond dick measuring personally. Feels to me just like a bored billionaire that wants to buy a football club.
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