It's been 84 years...
Rambo
Agree completely with your points too.
Howson also thinks he’s prime Pep Guardiola these days too. Really cringy stuff at times.
They’re all good lads though and I wish them well. I just can’t take them seriously but I guess we’re not supposed to?
They’ve been ok on the takeover stuff by getting the likes of Stone on there but even then, they go with the headline “Qatar will go for Spurs!” when all Stone said was “Qatar could go for anyone if they don’t get Utd, Spurs - anyone!”
They’re just another AFTV/Utd Stand/etc now.
Rambo
Agree completely with your points too.
Howson also thinks he’s prime Pep Guardiola these days too. Really cringy stuff at times.
They’re all good lads though and I wish them well. I just can’t take them seriously but I guess we’re not supposed to?
They’ve been ok on the takeover stuff by getting the likes of Stone on there but even then, they go with the headline “Qatar will go for Spurs!” when all Stone said was “Qatar could go for anyone if they don’t get Utd, Spurs - anyone!”
They’re just another AFTV/Utd Stand/etc now.
There’s no noise that either SJ or Sir James Arthur Ratcliffe FIChemE are wining or losing, the reality is we are at a delicate position in the process;
1. All Parties have signed strict NDA’s
2. The minority share holders have made it clear which bid they prefer.
3. No one will pull out as a decision has to be be made in next 4 weeks one way or another
4. Share price has fallen a dollar recently due to the delay in decision but still over $22
5. Financial results for last year are better than expected
Summary - It looks like two to three weeks ago some form of communication between the Glazers, Raine Group and 92 Foundation occurred, SJ possible even was told verbally that his bid would win.
His group leaked this information out to local news outlet, Reuters, Bloomberg etc or maybe The Raine Group did simply because they want the highest commission. The rumour of that 5th bid was nearer to £5.4/5.5bn and more importantly would be made in one single payment, their previous bid was rumoured to be a two payment structure, similar to the INEOS bid. The conveniently leaked story that the minority share holders would take the Glazers and Sir James Arthur Ratcliffe FIChemE to court was possibly to make the public feel like INEOS bid was dead on arrival.
It’s clear that both Joel and Avram prefer the INEOS bid and they’ve asked Sir James Arthur Ratcliffe FIChemE to go away and find the additional money to bid for now 80% of the club while they stall the other 4 siblings. This was a theory running through my head, then I listened to a great podcast including ‘Tom the Journalist’ yesterday who said exactly the same thing.
Two Glazers stalling to allow Sir James Arthur Ratcliffe FIChemE to find additional funds to appease the minority, of course all the time hoping that maybe SJ and 92 Foundation either pull out which means the minority are much easier to subdue or heavens forbid actually increase their bid to the £6bn, the Glazers have always wanted?
Either way Joel and Avram win, as much as I love my club, there’s a small part of me that wants both bidders to just pull out and call the Glazers Bluff, hopefully sending us spiralling downwards.
As a united fan I was once asked would you take being relegated to get rid of the Glazers and the answer for me has always and will always be a resounding yes
There’s no noise that either SJ or Sir James Arthur Ratcliffe FIChemE are wining or losing, the reality is we are at a delicate position in the process;
1. All Parties have signed strict NDA’s
2. The minority share holders have made it clear which bid they prefer.
3. No one will pull out as a decision has to be be made in next 4 weeks one way or another
4. Share price has fallen a dollar recently due to the delay in decision but still over $22
5. Financial results for last year are better than expected
Summary - It looks like two to three weeks ago some form of communication between the Glazers, Raine Group and 92 Foundation occurred, SJ possible even was told verbally that his bid would win.
His group leaked this information out to local news outlet, Reuters, Bloomberg etc or maybe The Raine Group did simply because they want the highest commission. The rumour of that 5th bid was nearer to £5.4/5.5bn and more importantly would be made in one single payment, their previous bid was rumoured to be a two payment structure, similar to the INEOS bid. The conveniently leaked story that the minority share holders would take the Glazers and Sir James Arthur Ratcliffe FIChemE to court was possibly to make the public feel like INEOS bid was dead on arrival.
It’s clear that both Joel and Avram prefer the INEOS bid and they’ve asked Sir James Arthur Ratcliffe FIChemE to go away and find the additional money to bid for now 80% of the club while they stall the other 4 siblings. This was a theory running through my head, then I listened to a great podcast including ‘Tom the Journalist’ yesterday who said exactly the same thing.
Two Glazers stalling to allow Sir James Arthur Ratcliffe FIChemE to find additional funds to appease the minority, of course all the time hoping that maybe SJ and 92 Foundation either pull out which means the minority are much easier to subdue or heavens forbid actually increase their bid to the £6bn, the Glazers have always wanted?
Either way Joel and Avram win, as much as I love my club, there’s a small part of me that wants both bidders to just pull out and call the Glazers Bluff, hopefully sending us spiralling downwards.
As a united fan I was once asked would you take being relegated to get rid of the Glazers and the answer for me has always and will always be a resounding yes
My guess is, the delay is likely down to the Glazers themselves. It could be civil war for all we know between those wanting to seel and those wanting to keep.
The fact that there is utter silence could mean that the Glazers are fighting it out between themselves, or that details are being worked on and there truly is absolutely no leaks at all. I'm more of the opionion that the Glazers are in civil war mode, but i could be, and most likely am, wrong. With the reports a while ago of INEOS being less confident in their bid, i'd say they're just keeping their bid on the table just in case.
The minority investment option i'd have said would be ruled out now. The Glazers would have had a long long time to go over the options, and if they truly wanted minority investment, they'd have taken it by now, theres absolutely no advantage in keeping the bidders around for no reason
Thinking about it now, it all points to Qatar. If they were talking through the A class shares problems then that would 100 percent leak since so many people are involved and they wouldn’t have signed NDAs.
To be fair I’ve changed my stance on this about 3 times now
Yeah I am convinced there is a Glazer family civil war and unfortunately we are stuck right in the middle. Clearly the leeches want Ratcliffe as he is letting them stay whereas others are probably happy to sell up to Jassim
United are already being sold for a premium way above the enterprise value. At this point revenue is all but irrelevant.I think the Glazers might have made the assessment that Utd are in a better position under Ten Hag, and expect further improvements. This, coupled with extra income from the increased CL format from 2024, might make them think that if they sell next summer not this summer, there will be more profit to be made.
I remember Howsen saying he could own a wrestler called Triple H in a fight one time because wrestling is fake.
I’ve literally seen Triple H tear his quad in a match and finish it somehow. I doubt any physical athlete would be scared of Howsen.
United are already being sold for a premium way above the enterprise value. At this point revenue is all but irrelevant.
Considering they’re basically invisible and have been for 18 years I doubt it is that.So what do you think it is then? I get that it’s not always just about money. Maybe one of the Glazers is unwilling to give up the power/prestige.
Maybe one of the Glazers is unwilling to give up the power/prestige.
Adam McKola is the absolute worst. Like you say, just sits there sulking. He dresses like a 14 year old, too.Oh yeah he really buys his own hype hahahaha. I feel a bit tight knocking him because he obviously puts in a lot of work etc but there's just basically no humility in the guy and it's a bit grating.
I've seem the HHH thing haha. He was also saying that he was the reason United were linked with Kim Min Jae and that was really cringe to watch.
Find it a bit difficult to watch when they treat him like a celebrity as well. Was listening while driving yesterday and turned it off because Jay can get very fan girly with him.
As I've said before I think Joe pretty much carries the channel. Jay is OK and Mckola just really, really grates on me. I think he's such a whiny little shit, just really annoying to watch so I generally sack the video off if I put it on and he's on it haha.
The fact it was up for sale and billionaires put bids in? Seems pretty cut and dry to me.I have come to the conclusion that we were never up for sale, it was just all a show.
Convince me otherwise !
Great insight Woz.
Just wondering where you've heard they have to make a decision within 4 weeks?
As far as I'm concerned, this lot seem to be content on playing "chicken" and waiting for the next bid to be raised.
how do you figure that?
they've spent ~a billion quid to perform quite shit
we surely could've spent say, 500 million to perform quite shit
or 500 million to perform okay, or really well like say Liverpool did
then you could invest that money in the infrastructure, or repaying the debt, or a number of things that could add value to their asset
if our net debt was half of what it is now, they'd definitely be getting more for the club
but they fecked everything up and here we are
They have an asset they've not spent any of their own money to acquire, and will soon ship it for 6billion. A price way more than it should be going for.
Yeah I am convinced there is a Glazer family civil war and unfortunately we are stuck right in the middle. Clearly the leeches want Ratcliffe as he is letting them stay whereas others are probably happy to sell up to Jassim
The 4 weeks is just a hunch on how most Merger and Acquisition deals happen when they reach what’s called a stalemate. Someone has to blink and someone’s will has to break plus I think by then, either Ratcliffe sources the additional money to make 80% which I mentioned about 400 pages ago on the thread and got laughed at just like I said the minority share holders would object and got laughed at.
The one very concerning issue is if you are SJ/Qatar supporter having dealt with many Arabic men in business, they tend to be patient to a point, but extremely well informed and do not suffer fools gladly. If SJ gets bored then he will pursue another club with spitefulness, the hope and I’ve been told by a few friends that I have in UAE, Qatar and Dubai that Sheikh Jasim really is known as a Manchester United Nut, a massive fan who never ever misses a game on TV, someone who knows the history of the club so there is that to be optimistic, ironically if they gave him the sole bidder status that he required, he may have already bid the £6bn that the Glazers wanted?
and yet here we are, still no sale, not even any hint of a sale.The fact it was up for sale and billionaires put bids in? Seems pretty cut and dry to me.
If they have not been acting in good faith during this process despite publicly announcing they are exploring strategic alternatives, that would be securities fraud. I highly doubt Joel and Avram would do something that potentially puts them in prison. They are not cut out for that.I have come to the conclusion that we were never up for sale, it was just all a show.
Convince me otherwise !
It happens to the best of us.This sale thing has now entered my dreams. I was convinced I'd come here today and read more about how the sale was completed. Apparently I literally had a hyper realistic dream about clicking through articles etc., posting in response it it etc. Wtf. Maybe I was drunk.
I had a dream last night where the Qataris won with a bid of $6.6B (£5.3B). That's probably the best news we're going to get for today.
The 4 weeks is just a hunch on how most Merger and Acquisition deals happen when they reach what’s called a stalemate. Someone has to blink and someone’s will has to break plus I think by then, either Ratcliffe sources the additional money to make 80% which I mentioned about 400 pages ago on the thread and got laughed at just like I said the minority share holders would object and got laughed at.
The one very concerning issue is if you are SJ/Qatar supporter having dealt with many Arabic men in business, they tend to be patient to a point, but extremely well informed and do not suffer fools gladly. If SJ gets bored then he will pursue another club with spitefulness, the hope and I’ve been told by a few friends that I have in UAE, Qatar and Dubai that Sheikh Jasim really is known as a Manchester United Nut, a massive fan who never ever misses a game on TV, someone who knows the history of the club so there is that to be optimistic, ironically if they gave him the sole bidder status that he required, he may have already bid the £6bn that the Glazers wanted?
There’s no noise that either SJ or Sir James Arthur Ratcliffe FIChemE are wining or losing, the reality is we are at a delicate position in the process;
1. All Parties have signed strict NDA’s
2. The minority share holders have made it clear which bid they prefer.
3. No one will pull out as a decision has to be be made in next 4 weeks one way or another
4. Share price has fallen a dollar recently due to the delay in decision but still over $22
5. Financial results for last year are better than expected
Summary - It looks like two to three weeks ago some form of communication between the Glazers, Raine Group and 92 Foundation occurred, SJ possible even was told verbally that his bid would win.
His group leaked this information out to local news outlet, Reuters, Bloomberg etc or maybe The Raine Group did simply because they want the highest commission. The rumour of that 5th bid was nearer to £5.4/5.5bn and more importantly would be made in one single payment, their previous bid was rumoured to be a two payment structure, similar to the INEOS bid. The conveniently leaked story that the minority share holders would take the Glazers and Sir James Arthur Ratcliffe FIChemE to court was possibly to make the public feel like INEOS bid was dead on arrival.
It’s clear that both Joel and Avram prefer the INEOS bid and they’ve asked Sir James Arthur Ratcliffe FIChemE to go away and find the additional money to bid for now 80% of the club while they stall the other 4 siblings. This was a theory running through my head, then I listened to a great podcast including ‘Tom the Journalist’ yesterday who said exactly the same thing.
Two Glazers stalling to allow Sir James Arthur Ratcliffe FIChemE to find additional funds to appease the minority, of course all the time hoping that maybe SJ and 92 Foundation either pull out which means the minority are much easier to subdue or heavens forbid actually increase their bid to the £6bn, the Glazers have always wanted?
Either way Joel and Avram win, as much as I love my club, there’s a small part of me that wants both bidders to just pull out and call the Glazers Bluff, hopefully sending us spiralling downwards.
As a united fan I was once asked would you take being relegated to get rid of the Glazers and the answer for me has always and will always be a resounding yes
Perhaps this isn’t just about money. What if they just don’t want to sell to Qatar - for whatever reason?
So you wouldn’t take one season in the championship to rid ourselves of these vile parasites ?Interesting comments but i disagree with your last sentence.
If you stop viewing it through the prism of a Man United supporter it’s probably magnitudes less farcical. You’re think of the transfer window, pre-season and impending pre-season.I know sod all about business, but this has to be one of the most farcical "sales" ever, right? I mean, is it the norm to conduct business this way?
If you stop viewing it through the prism of a Man United supporter it’s probably magnitudes less farcical. You’re think of the transfer window, pre-season and impending pre-season.
The parties involved in the sale won’t be giving much thought to that other than it being business as usual while they conduct an auction.
There is two active buyers so technically yes. Maybe the final offers are on the table and they’re just deciding. Maybe they want to find a good minority offer and use it to leverage a new offer from the majority buyers. What’s clear is that we know feck all at this point.Do you think the auction is still ongoing? That bids might increase?
If you stop viewing it through the prism of a Man United supporter it’s probably magnitudes less farcical. You’re think of the transfer window, pre-season and impending pre-season.
The parties involved in the sale won’t be giving much thought to that other than it being business as usual while they conduct an auction.
Many oppo fans think it’s farcical.
There are Chelsea fans on here who’ve said they think it’s unacceptable to leave the fanbase in the dark over the owner’s intentions for this long.
I think if the Glazers came out and stated what their desire is it’d be a lot less farcical - ‘we are looking for a full sale but we haven’t yet received the bid we want’, ‘we are not looking to sell and are looking for investment’.
The two things are so wildly different that it’s this fact that is making them look comical in the business and is hurting the fanbase so much.
Which one are you doing? You’ve had years to decide this. You‘ve announced in fecking November that essentially a change is coming.
Show the fans and the people looking to do business with you some fecking respect and simply state WHAT YOU WANT TO DO.
Again, this doesn’t need to equal accepting an offer, just stop being so fecking laughably weird and say what you’re after.