It's hanging by one.
Club Sale | It’s done!
- Thread starter JB08
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It's hanging by one.
1988
Lockerbie Disaster
Ben Johnson DQ'd after failing drugs test in the aftermath of the Mens Olympic 100m final
Wimbeldon shock Liverpool to win the FA Cup
Lockerbie Disaster
Ben Johnson DQ'd after failing drugs test in the aftermath of the Mens Olympic 100m final
Wimbeldon shock Liverpool to win the FA Cup
I Listened to a podcast yesterday featuring Tom the journalist whose been pretty spot on throughout the whole fiasco, he’s saying the same thing as Keegan, that they want £6bn and even the thought of SJ pulling out doesn’t bother them because they have the Jimmy offer or there may be another offer at Xmas.
He said that 5 Glazers could now be convinced at £5.2bn which might actually be the latest of the SJ bids however Avram won’t agree! He’s adamant that they only sell at £6bn
He also said that 92 Foundation was made up of SJ and his Father HBJ but there are also other influential Figures who work in the Qatar Government who are also not named but behind the bid so it’s definitely at least a partially state backed bid with HBJ and his son SJ heading it. There is apparently a link now between Qatar state and SJ to buy United as proof of funds had to be shown, maybe this is a potential hold up but you tend to think Qatar’s influence with the UK Government would smooth that over with the PL.
Who knows the Goblins are such CNUTS they would probably actually turn down £6bn as well if it was offered ?
The worry is the prospective buyer(s) piss off and go to buy a different club leaving us once again scratching around for some hope. Say what you want about Manchester United being a highly sought after property, the Glazers have effectively priced us out of being bought seeing that there are only 2 willing buyers - and only one party is actually interested in buying the club 100%, the other is having to come up with more creative ways to do the deal.
What a waste of 1,988 pages.
This should be a decision taken by the entire 12 person Utd Board, taking into account the advice that Raine are giving them. Avram should be in no position to dictate his wishes to the other Eleven. Yes, they own the powerful B shares, but if the Board vote 11-1 to sell, and he refuses, I can see mayhem amongst the A class shareholders still. He has a conflict of interest - doing what’s best for him, or doing what’s best for all shareholders.
Got my doubts Qatar will buy another PL club, but Sir Jim might - already had a tickle with Chelsea.
The difference being you usually only use an ATM to withdraw your own money. Not someone elses.
Club finances say different.
Apparently quietness means it won’t happen. Need constant updates from barely reputable journalists saying it may or may not happen. These things take time. Keep calm and ignore everything on Twitter.
Harsh on @Mr Pigeon's novel
Genuine question, can someone please answer in detail…
Why is there only 1 real bidder (real as in wants to actually buy the club outright)? And is it odd that’s there’s only 1 real bidder!?
Is it because the price is wildly too high?
Or the investment needed is too high?
A mixture of both?
It just seems really odd. And as with almost everything the Glazers are involved in - utterly comical.
Why is there only 1 real bidder (real as in wants to actually buy the club outright)? And is it odd that’s there’s only 1 real bidder!?
Is it because the price is wildly too high?
Or the investment needed is too high?
A mixture of both?
It just seems really odd. And as with almost everything the Glazers are involved in - utterly comical.
Against myself? Probably fair thought.
Wonderfull work
A wise man once taught me that there is nothing be gained from returning insults. That man was a stupid cnut. feck you, horsey.
Has to be that the Glazers have put alot of debt on the club and you need to invest heavily in stadium and training facilites also on top of buying the club i think.
Totally agree but Avram seems to wield the power? They could be done for stock manipulation however if it’s proved they had no intention of actually selling.
How would it work with Raine Group? Surely they're on some sort of retainer fee or are they commission based? And is the club footing their bill or the Glazers?
Even still, ONE outright bidder…
It’s embarrassing for them.
They surely thought Saudi or some other financial giant would come in and a proper bidding war for their ‘prize asset’ would ensue.
One fecking outright bidder
It’s just so Glazers.
It’s probably a 8-10 billion ‘investment’ with little possibility of getting any money back. Very few in the world would contemplate it.
(To anyone). Imagine we are at the beginning of December, what do think the outcome is/will be?
Despite the downbeat tone on here, I believe they'll sell. They're not going to be able to take dividends any longer and that back hole for financing a new stadium is approaching.
The question is whether Qatar will wait for these clowns or just go buy Spuds and win stuff.
The question is whether Qatar will wait for these clowns or just go buy Spuds and win stuff.
1988 starts to get really good, having it off with my best mates Mum, his Sister and her best mate! The football was Sh*t but the late 80’s was excellent.
Not even started on the Hacienda yet!
Not even started on the Hacienda yet!
the divs pay way less than inflation on their asset value
I don't think it's an important factor in their decision, but it certainly isn't a reason to take their time
No trees have been cut down, hippy enviro whack job.
It’s a mixture of both unfortunately - and the Glazer’s don’t seem to understand that.
1988 starts to get really good, having it off with my best mates Mum, his Sister and her best mate! The football was Sh*t but the late 80’s was excellent.
Not even started on the Hacienda yet!
feck off Neil! You serious!?
Ryan Giggs likes this post1988 starts to get really good, having it off with my best mates Mum, his Sister and her best mate! The football was Sh*t but the late 80’s was excellent.
Not even started on the Hacienda yet!
Price involved yes. The outright sale would be a world record already, and that's only counting just buying the club. But in reality you're still buying a club for 6 billion that still has another 1B in debt and is also in immediate need of either a new stadium or major renovations to OT, both of which are going to cost around 500m to another 1B.
So you're essentially outlaying almost 8(!!!) billlion pounds for a football club when no other sporting franchise has even remotely approached that price. It's a crap investment at that price most likely for any owners other than those that might be sentimental, or someone that's state backed and has another alternative motive for the club. Not to mention there are very few singular individuals that can even stroke the check for almost 11 figures straight up anyways.
I guess you listen to Reddevil studios ft Tom the journalist. I watch their stuff weekly but picked up on it after Jassim 5th bid. What I know is that Avram and Joel wants to stay while the rest of the 4 siblings wants to cash out. Hence why J&A are interested in Ratcliffe partial bid. It seems you are up to date on whats going on. What I want to know is the bids price and structure of each Jassim and Ratcliffe bid.
What is Jassim bid price and structure for his 1st, 2nd, 3rd, 4th (supposed final bid) and 5th bid (current final bid)? Was PSG chairman contacted by the Glazers after Jassim 4th bid and then Jassim made his final bid in response?
What is Ratcliffe bid price and structure for his 1st, 2nd and 3rd bid? Was Ratcliffe first bid was only 69% (glazers shares) or did offer to buy 100% like Jassim. Then after 3rd round of bid he offered to buy 51% leaving J&A 18% then buy J&A shares out 3 years later. Then FT reported other 4 Glazers kids want the cut. Would their cut is part of J&A 18% or Ratcliffe cut of 50%. Basically Ineos having 3 options of his bids. Now the Class A shareholders are upset and will sue if glazers choose him. Now I am hearing Ratcliffe will try buy 80% while J&A gets 20% and he has to borrow more money to do so. Would he even buy out J&A 20% or would he keep J&A shareholder/partners by that point? I know this such a loaded question but it is fitting as Ratcliffe bid is so damn convoluted.
Basically I want short summary of that Info for Jasim and Ratcliffe bid price and installment structure. That will be a great info to know. I try to ask Tom but this such a loaded question to asks on Youtube comments. Hopefully I could have it answered here but it seems your the best person to asks as your more in the know about compare to other posters here.
Even still, ONE outright bidder…
It’s embarrassing for them.
They surely thought Saudi or some other financial giant would come in and a proper bidding war for their ‘prize asset’ would ensue.
One fecking outright bidder
It’s just so Glazers.
Karma my friend
The greedy cnuts probably thought that there would be a bidding war
Thanks for the info. Haha yes, they are fecking goblins.
let’s say you put a £200k house on the market for £400k. The house also needs about £50k of renovation as it is massively outdated.
How many offers do you think you’d get on a £200k house that was going to cost £450k in total?
The Glazers are fecking leeches. This £6 billion valuation was never going to attract dozens of offers. It’s a ridiculous figure when you consider the stadium and training centre Situation.
1988 pages and 1980 of them full of utter bollocks!
And you're just contributing to the pile, like the rest of us
im a bit confused on the stadium investment issue. When is a new stadium supposed to be built? That couldnt wait another 5 years of them just lingering around as now
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