Club Sale | It’s done!

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Maguire is not holding anyone to ransom he's simply demanding the money he's entitled to from the contract he signed. Its a serious sum of money and another bad example of Glazers poor ownership
United felt entitled to a Premier league centre half when they spent £80m on him and got a league one level player
Let’s call it quits
 
I've already paid for a season ticket, why would me not going to the game make any difference?

No matter how much I want the ownership to change, I don't intend to not be at the games supporting my club as I have done for the last 15 years.

It's an easy argument to make, when not going to the games on a regular basis is you're default setting as a United fan anyway.
Was going to post something like this myself.

If I hadn't bought my season ticket, someone would.

We make our voices heard at the game, other people protest in their own way. Neither are wrong and it all contributes.
 
United felt entitled to a Premier league centre half when they spent £80m on him and got a league one level player
Let’s call it quits

They expected a premium player for premium money - got a bog standard one.
Thats poor internal quality control. Maguires agent did a great job.
 
The crowd sings we want the Glazers out loudly at every match - having paid for their tickets through the nose.

So feck them - they already paid.



The Glazers are pissing themsleves laughing



You already gave them your money they love that kind of protester.

A daft take - almost as daft as paying through the nose for a preseason friendly and getting upset about the line up

Clearly proven over the years that a boycott will not work and going to the match and protesting has more value, bizarre than anyone still peddles this idiotic myth
 
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I am sure its Stephen Merchant who is waffling through this.

smerchant.jpg
eyes bulging with imagined riches
 
Because if you understand that Newcastle are 80% owned by the SWF of Saudi Arabia, then how can you suggest that they can even pretend to be privately owned?

Newcastle United are not in any way trying to hide the fact they are owned by the state, you will not find any statement from them which says anything different.
Same as PSG who are clearly owned by the state investment fund.
Man City, on paper, are actually different though and Sheikh Mansour claims this is his personal venture - whether this is true or not is a different discussion.

I do get there is confusion due to NUFC promise to the PL about who exactly has 'control' of the club (a vague and ultimately meaningless term), but this is seperate to the ownership which absolutely clearly is PIF, the sovereign wealth fund of Saudi Arabia.

Well the official line (according to Newcastle and the PL) is they are majority owned by an entity that is seperate from the Saudi state and that the Saudi state has no control over.

Now it makes zero sense for them to claim the PIF is separate from the state or that the Saudi state would have no control over something they own 80% of. Its nuts that the PL released a statement saying they accepted that, that was the case. Its utter nonsense.

But anyway let's just disagree and move on, we both know they're owned and controlled by the Saudi state.
 
Now it makes zero sense for them to claim the PIF is separate from the state or that the Saudi state would have no control over something they own 80% of. Its nuts that the PL released a statement saying they accepted that, that was the case. Its utter nonsense.

I do agree with that and you will note it is the PL making these statements, nothing from either NUFC or PIF as far as I'm aware.

Basically the PL tried to block it, they got taken to court and lost - so they came up with this worthless statement about control to try and save face.
 
Two remarks :
- Where does that number comes from ?
- Only 70m€ ? Meh, nation state sportswashing is penny pinching these days. 2/3 of Declan Rice is not super impressive.
Probably pure FFP consideration due to paying off the debt
 
A West Ham takeover of Maguire and McTominay would have given United an extra £70million this summer...
 


The problem wasn’t just the amount spent… it was HOW it was spent, imo anyway.

Spending £110m on Mount and Hojlund was very, very odd imo.

If I’m completely blunt I think it was fecking idiotic when a proven, ready to rock goal scorer is what was (and still is…) needed.

So essentially, if the only benefit to 92 Foundation taking over would’ve been an extra 60m quid, I don’t actually think it would’ve made that much difference.

What we need is someone to direct the funds in a less batshit manner.
 
Wow this has almost slipped off the 1st page, from one of the most optimistic threads ever to one of the most depressing :(
 
It's over, isn't it?

quite the opposite I’d say, these things take time, when we hear an announcement I think due diligence would have already have taken place with the new owner/(s) and it’ll be a mighty fast process. But with real businessmen signing nda’s etc and negotiating with these colossal amounts that are being quoted, will naturally take time. Plus we have the worst owners of all time at the moment who would sell their soul for the right price. But they’re going and it will be a world record amount for a football team, and quite rightfully so Manchester United is the biggest club in the world.
 
Likely just in light of an inevitable property dip in London, but he's looking to raise a further £370m..

https://blinks.bloomberg.com/news/stories/RZJAZEDWLU68

(Bloomberg) -- A Qatari sheikh, whose son is fronting a bid for Manchester United Football Club, is mulling the sale of two luxury houses in London’s most exclusive districts with a combined asking price of £370 million ($470 million).

Sheikh Hamad bin Jassim bin Jaber Al Thani is potentially planning to sell a triplex penthouse at the One Hyde Park project in London’s upscale Knightsbridge district for about £220 million, as well as a property he owns nearby at Belgrave Square for about £150 million, according to people familiar with the matter.

Sheikh Hamad may decide against a sale if offers fall short of the asking price, the people said. Efforts to reach the royal for comment through his private investment firm Al Mirqab Capital and several family members were unsuccessful.



^ I find this interesting because a potential reason for delay according to Ben Jacobs could have been proof of funds if I recall correctly?
 
Two remarks :
- Where does that number comes from ?
- Only 70m€ ? Meh, nation state sportswashing is penny pinching these days. 2/3 of Declan Rice is not super impressive.
I assume that figure is derived from the impact that paying off our debt would have on the FFP position.
 
^ I find this interesting because a potential reason for delay according to Ben Jacobs could have been proof of funds if I recall correctly?
Ben Jacobs doesn’t know his arsehole from his earhole.

There’s no way on earth Raine let the bidders get through several rounds of the process without first establishing proof of funds.
 
Likely just in light of an inevitable property dip in London, but he's looking to raise a further £370m..

https://blinks.bloomberg.com/news/stories/RZJAZEDWLU68

(Bloomberg) -- A Qatari sheikh, whose son is fronting a bid for Manchester United Football Club, is mulling the sale of two luxury houses in London’s most exclusive districts with a combined asking price of £370 million ($470 million).

Sheikh Hamad bin Jassim bin Jaber Al Thani is potentially planning to sell a triplex penthouse at the One Hyde Park project in London’s upscale Knightsbridge district for about £220 million, as well as a property he owns nearby at Belgrave Square for about £150 million, according to people familiar with the matter.

Sheikh Hamad may decide against a sale if offers fall short of the asking price, the people said. Efforts to reach the royal for comment through his private investment firm Al Mirqab Capital and several family members were unsuccessful.



^ I find this interesting because a potential reason for delay according to Ben Jacobs could have been proof of funds if I recall correctly?

Poor guy.. .. scraping around looking for a few pennies just to get it over the line
 
Ben Jacobs doesn’t know his arsehole from his earhole.

There’s no way on earth Raine let the bidders get through several rounds of the process without first establishing proof of funds.
Yeah thats very true.

The news article in isolation may be completely unrelated to the purchase of the club. Who knows. But it's curious they might get £370m richer. Perhaps they want to keep that portfolio in alternative investments, but just move it toward Manchester retail property.
 
I am growing suspicious that the qatars deliberately delay the process until the transfer window is closed.
 
I am growing suspicious that the qatars deliberately delay the process until the transfer window is closed.
Wow interesting theory I’d love to know what your logic is. Are they scared of transfer windows?
 
Wow interesting theory I’d love to know what your logic is. Are they scared of transfer windows?

Buyers probably don't want to be put right on the spot and step in at the moment where they will be pressured to spend big, immediately and under a ton of scrutiny before settling in.

IIRC the takeover of PSG was already more or less underway or agreed by then but the recruitment in the summer of 2011 was hybrid : Some Serie A targets but mostly solid-good French players in the mid to up price range. The big signing, Pastore, was mostly branded Colony Capital at the time.
In January it was a lot more Leonardo tinted and by the summer of 2012 they fully opened the purse.
 
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The rumour on the grapevine is November takeover, but the way this has gone I wouldn't hold my breath.
I think it will drag into the new year and if I am being completely honest, next summer.

That or it all ends.
The new owners wont want the mess that is coming with Greenwood and the end of the window.

They will want to come in, clean house and be seen to have solved the issues.
 


This is beyond stupid, you have to wonder when the reporters speak to their sources do they offer any conversation or questioning?

They could easily debunk this by asking the source "Ok, but arent Raine experienced in negotiations and would have gone through their own due diligence as to not waste their time and resources on something that will achieve nothing for them?"
 
This is beyond stupid, you have to wonder when the reporters speak to their sources do they offer any conversation or questioning?

They could easily debunk this by asking the source "Ok, but arent Raine experienced in negotiations and would have gone through their own due diligence as to not waste their time and resources on something that will achieve nothing for them?"

I imagine Raine gets paid though not as handsomely without a commission & when potential clients come to you with a billions deal and the most sincere assurances they intend to sell you don't sent them packing.
 
This is done. Glazers not selling. Like everything with this club though they drag it out afraid to rip the plaster off.
 
I imagine Raine gets paid though not as handsomely without a commission & when potential clients come to you with a billions deal and the most sincere assurances they intend to sell you don't sent them packing.
Perhaps but you wouldn't spend this much time and resource on it.
Imagine there is one or two specialists or consultants working on the deal.

If it falls through or doesn't happen that's 9 months they could have spent on any other deal.
 
This is done. Glazers not selling. Like everything with this club though they drag it out afraid to rip the plaster off.
Chill out, Luckhurst isn't a financial journalist.
 
The rumour on the grapevine is November takeover, but the way this has gone I wouldn't hold my breath.
I think it will drag into the new year and if I am being completely honest, next summer.

That or it all ends.
The new owners wont want the mess that is coming with Greenwood and the end of the window.

They will want to come in, clean house and be seen to have solved the issues.
I am not worried because the way other clubs have raised the ante there is no way Glazer mismanaged United will be part of the top table in the PL or CL, we blew our load years ago and now teams like City and Chelsea are redefining what possible or impossible in a transfer window. Newcastle are just getting started, Chelsea have gone into overdrive, Liverpool will always compete as long as Klopp is still there. We can't compete with that and that failure will push them out.

The only thing that will cost them is if they let the Qatari walk away and then have to smoke out another buyer within twelve or eighteen months after how unprofessional they have been with this process. I think common sense will prevail and we will hear something soon.
 
If they don't sell now their reputation takes a hit in the business world. Major waste of time and resources for everyone involved
 
This is beyond stupid, you have to wonder when the reporters speak to their sources do they offer any conversation or questioning?

They could easily debunk this by asking the source "Ok, but arent Raine experienced in negotiations and would have gone through their own due diligence as to not waste their time and resources on something that will achieve nothing for them?"
It’s because it’s made up nonsense. He has no source in the fecking Raine group
 
I am not worried because the way other clubs have raised the ante there is no way Glazer mismanaged United will be part of the top table in the PL or CL, we blew our load years ago and now teams like City and Chelsea are redefining what possible or impossible in a transfer window. Newcastle are just getting started, Chelsea have gone into overdrive, Liverpool will always compete as long as Klopp is still there. We can't compete with that and that failure will push them out.

The only thing that will cost them is if they let the Qatari walk away and then have to smoke out another buyer within twelve or eighteen months after how unprofessional they have been with this process. I think common sense will prevail and we will hear something soon.
Completely agree and its good to hear someone else with a level-headed opinion on the matter.

Your completely right Chelsea, City, Saudis, and Newcastle are revolutionising the football landscape and we will quickly find ourselves slipping place by place.

Looking at the table you'd think third will keep us going but let's be honest in a single window it's all changed, your not talking about clubs buying for the first eleven to challenge starting spots. Your talking about depth like we've never seen where a teams second choice is as strong as the first but just different.

We are already scrambling around to sell DVB and Mctominey who are at best mid to lower table squad players.

Its only going to get worse for us and the spending required will be at least double what we've seen this window.

If you cant see it your lying to yourselves, we haven't challenged for a title in 10 years, we've struggled for top 4 in the last 5 and I believe under the current owners we will now slip to the next tier and possibly top 10 and I mean now , not in 5 years.

I hope as you say this squeezes the Glazers out and forces their hand but ill be honest, they will always go down the route of cash and for them not the club. As long as we are a huge commercial entity we will be under them and struggle as they make money off us and siphon it off.

i think it needs extreme action.
 
Perhaps but you wouldn't spend this much time and resource on it.
Imagine there is one or two specialists or consultants working on the deal.

If it falls through or doesn't happen that's 9 months they could have spent on any other deal.

I'll just say we have non infrequent examples of poorly thought out deals all the time despite the involvement of what you would assume are the absolute elite of high finance and the biggest banks (Twitter for a recent one).

I of course don't know if there's any truth to those tweets, it's just gossip. But Raine being taken for a ride is not impossible.
 
This is beyond stupid, you have to wonder when the reporters speak to their sources do they offer any conversation or questioning?

They could easily debunk this by asking the source "Ok, but arent Raine experienced in negotiations and would have gone through their own due diligence as to not waste their time and resources on something that will achieve nothing for them?"
Having worked on many transactions, it’s not that easy. You can do as much due-diligence as you want but the owner of the assets can simply lie about their intentions or change their minds. Furthermore, a part of the fee won’t be dependent on a sale.
Untimely, this charade will damage Raine’s reputation. But will also damage the Galzer’s. Somehow, I don’t think the Glazers care.
 
Hasn't been a lot of good times being a United fan in the last 10 years and while last year things where starting to look up we are being brought right back down to reality.

We won't be competing at the top level anytime soon
 
It's just a reflection of how the Glazers operate and have operated at the club. Taking supporters for a ride year after year while letting the club slowly deteriorate on and off the pitch. I've been of the opinion since the start of this that they wouldn't actually sell it and it was more of a case of seeing what someone might pay if they actually did agree to sell one day. They are an utter disgrace but they know fans will keep buying merchandise and turning up to support the team each week so they can keep getting away with it.
 
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