Reapersoul20
Can Anderson score? No.
Big step toward Big Jim buying the club if they allow him a 25% stake. Why allow it otherwise.
Great news !!
Great news !!
All sounds very convoluted and the worst of outcomes.
So:
Therefore
- Minority shareholding of 25%
- Buying some class A from the stock market
- Buying some class B
- Keeps Glazers in control
- Class A – is he trying to buy off some troublemaking groups – but will the others left behind not complain/resist?
- The class B will convert to class A
If this gains momentum and he buys out some of the bigger Class A shareholders, what could those smaller holders do about it? Would there be legal issues?Buying 25% of retail shares does absolutely nothing for the club.
This will get ugly if this comes to fruition
I can see them going for that. The worst possible scenario.
If true, Jim does not have our best interests at heart
If this gains momentum and he buys out some of the bigger Class A shareholders, what could those smaller holders do about it? Would there be legal issues?
Thats what i'm thinking, why exactly would he spend billions on a club that he has no say in and no control over? What would be the point? He'd be lining the Glazers pockets and literally have bollocks all to show for it!But the point being, he’d be spending a fortune to gain no power and none of that money flows into the club.
This will get ugly if this comes to fruition
And if they do take 25% minority “investment” and decide to pocket it, good luck explaining to the shareholders that their final strategic decision was to sell their own stock and invest none of the proceeds back into the club.
It’ll likely be 25% now with a view to having full control at a later date. I’m assuming…not sure what’s in it for Jim otherwise.Well that sounds pretty awful. I wasn't and I am not against Jim getting full control but that's the worst possible scenario surely? They get money and they stay. Bankers
It’ll likely be 25% now with a view to having full control at a later date.
How exactly would that work? "Pay us £2bn now, and you can buy the rest at a later date"... 5 or 6 years down the line, nothing has changed "Yeah you can buy us out now, we value the club at £7bn, cough up lads". Just seems a bit daft to me.It’ll likely be 25% now with a view to having full control at a later date. I’m assuming…not sure what’s in it for Jim otherwise.
It’ll likely be 25% now with a view to having full control at a later date. I’m assuming…not sure what’s in it for Jim otherwise.
But the point being, he’d be spending a fortune to gain no power and none of that money flows into the club.
Report also states with full view of takeover in 2026. If contingent with that I am okay with this
If he's buying their shares and some of the Class A shares, i'm pretty sure, with them still being in control they can do whatever they want with the money, can they not?Surely the money would have to flow into the club, maybe not on transfers, but at least to pay down some of the debt, sorting out the stadium, etc.
Sir Jim is not just going to give them £1.5 billion, let them pocket the lot, and then have no say in how the club is run.
I don't see the point of this minority investment by Jimmy. Glazers are going to sell some of their own shares and invest that money into the club? Very uncharacteristically so of them. That means that they would just get less money in eventual future sale. More likely is that they would just pocket the money. And Jimmy would probably have no control/voting power whatsoever. As far as I know, every class B shares owned by the Glazers(ones with the 10 times the voting power of class A shares) would automatically convert to class A shares after being sold.
Unless Super League is coming up soon, this minority investment thing makes no sense to me, at all. Glazers are running in circles, delaying the inevitable and Jimmy would have no voting power.
C'mon Sheikh Jassim, save us from the Glazer Apocalypse once and for all!
i mean what "plans" could there even be? Doubt there would be anything binding so plans would just be plans. For me this sounds absolutely god awful. Based on how the club sale is going right now, anyone who wants to deal with the leeches more in the future seems backass crazy to me.If this is true, then it's still a great outcome. I don't see the point of a minority investment without any plans to acquire more shares in the future.
This will get ugly if this comes to fruition
If this is true, then it's still a great outcome. I don't see the point of a minority investment without any plans to acquire more shares in the future.
If he's buying their shares and some of the Class A shares, i'm pretty sure, with them still being in control they can do whatever they want with the money, can they not?
Does the report say it's something they're considering and not actually decided on whether it's going to happen at the moment?I think INEOS are most likely to agree a deal with Glazers as they have most flexibility, not convinced Qatari bid has much chance. A minority investment only makes sense if it is first step in a takeover, as you say it’s kind of pointless otherwise but maybe it suits both parties for a full takeover to happen in stages.
Its a horrible thought but but this might be INEOS amending their proposal to something they have been told will be acceptable.
Big step toward Big Jim buying the club if they allow him a 25% stake. Why allow it otherwise.
Great news !!
Which posters on here said wouldn’t happen and we were stupid for even suggesting itBut the point being, he’d be spending a fortune to gain no power and none of that money flows into the club.
That deals dead in the water. I’m sure those apart from the some A class shares will throw a fit.
This is Jim backing out
Why? Happens all the time.If this is true, then it's still a great outcome. I don't see the point of a minority investment without any plans to acquire more shares in the future.
Wouldn't have thought so, maybe they could go that route, but any Class B shares they buy, would they remain as Class B shares or would they automatically be converted to Class A shares?One would assume he will have it written into an agreement how the investment is spent surely?
Report also states with full view of takeover in 2026. If contingent with that I am okay with this
Then your as naive as your post if you believe that bs. Ratcliffe can't buy the club outright so he is doing everything he can just to get some sort of control, no matter the consequences to utd.If this is true, then it's still a great outcome. I don't see the point of a minority investment without any plans to acquire more shares in the future.
i mean still even so what is the point? Even if written in that all that goes to the debt/stadium infrastructure, cool-glazers just put that down and continue leeching the money out of the club in the meantime.One would assume he will have it written into an agreement how the investment is spent surely?