So many M’s are when they should be Bn’s !
Club Sale | It’s done!
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So many M’s are when they should be Bn’s !
Sky just broke the news that Jim Ratcliffe is considering minority investment - they had no proper information around what that leads to.
Ben Jacobs appears to think that this is a staggered approach toward majority investment. Bloomberg have just stated the Glazer preference.
I'm not being inconsistent - just saying what Ratcliffe's current offer is and what it may lead to
Seems to be another effort by Raine leakers to place a bit of pressure on Jassim , who has sat comfortably on his bid, and was not roused by last week's leak about the minority option mooted by Sir Jim.
Jassim and his army of advisors must know what the A class investors play is and how this offer will sit with them.
Either way a bit of action leading to the Glazer removal is welcome.
Jassim and his army of advisors must know what the A class investors play is and how this offer will sit with them.
Either way a bit of action leading to the Glazer removal is welcome.
Now they are SJR mouthpiece apparently
Does this end with Qatar paying the £6 Billion and Fat Neil of the Sun being correct
Pretty much that’s it, whether they will go with INEOS, even though they value the club higher in the long term poses problems, if Jimmy becomes a 25% minority owner by buying 25% of their Class B shares and the. 25% of Class A shares, both the glazers and the minoroty share holders are selling their stake in the club for cash.
How does this help United with their instant Cashflow problems, debt settlement and investment in repairing the stadium and investing in the squad.
This is a tactic just to get his feet under the table. Without doubt the very worst outcome to happen for the club and pretty much what I said earlier, they will either flush out Qatar or they will do the only thing they can take the INEOS offer, if Qatar are out they will withdraw gratuitously within the next 14 days and people should also not dismiss INEOS and Jimmy Brexit because he already outmanoeuvred Qatar with his Mercedes Formula 1 deal!
But the point is that it is all just arbitrary numbers. It’s a process, I very much suspect that had they offered £7bn back in June, we would be in exactly the same position we are today with Ratcliffe trying to get his toe in the door with bigger numbers for smaller bites and Qatar sitting on their hands while the Glazers test for their breaking point.
While two bidders are at the table the auction is still in progress as far as the Glazers are concerned so until one the bidders decide to pull out it’s going to continue edging up or the percentage Ratcliffe is asking for continues to edge down.
There is no way David Beckham would say take over unless he was confident it would happen, he’s out in public saying about his relationship with Qatar and is smiling and smirking when asked the direct question. My guess is glazers realise they need to get out and they’re using sir jim to squeeze every penny out of them and it’ll work they’ll up their bid. It’s happening just when is the question.
“Glaziers” has to be a running joke at this point surely. Surely after 17+ years, it has to be…..right?
Beckham is in an excellent humour because he will be getting paid millions no matter the outcome. He won't give two scoobies about an 'ambassadorial role' either, he doesn't need it, but, hey, if it happens.
He was a top player, but his ultimate loyalty is to himself.
Don't underestimate Ratcliffe's business savvy, in this case. He won't have made any desperate bid and if Qatar do move again, I reckon Ratcliffe will have a few other tricks up his sleeve, perhaps even a higher minority bid.
Exactly Swedish rumble posts is worth a read on this he basically says the same,
Ratcliffe is investing £1.5 bn for 25% of the club, that means he buys 25% of the 69% 113m class B shares at say $40 that’s $1.13 billion then he agrees to buy some of the Glazers A Shares they own 6.9m from 54m I believe that’s about 12.77% then he agrees to buy 12.23% of the other class A shares providing they will sell having lost a potential windfall from SJ but let’s run through it hypothetically, that 6.6m which will not make the A class shareholders happy at all. This is a total of 13.5m class a shares again at $40 = $540m that’s a total of $1.653 billion which is £1.350 billion plus he then gives them a £150 million pre payment on an airtight contract that guarantees he takes over the club providing he meets their valuation, basically giving them everything they’ve always wanted.
Here’s the problem, currently Man United can not even do a loan deal in January and INEOS will be making that £150m only available to pay off the credit card facility set up for the summers transfers, this is a terrible scenario for the club and I believe SJRatcliffe would be hated befire he started just for keeping them on and giving in to their every wish.
What id like to see happen is SJ/92 Foundation go in with a ridiculous £6.5-7bn bid but only give them 1 hour to accept this bid having received an offer by telegram then ask them to return within the hour by using the old Trafford Fax for the incoming answer of yes to say it arrived to late and now they are completely pulling out of the bidding process for the club, that my fellow united fans is what the Glazer Vermin deserve !!
Ben Jacob’s? Is that you?
The logic is that many people work in the same building as you, if you asked them what's happening with the takeover you'd also take their answer as gospel?
Taking Helliers word as gospel just because he works in the same building as you is, well, dim and very naive.
Great post. Spot on.
More than just the same building mate. And I didn't say gospel. I'm just saying I know David H. has very established credibility.
The dim view is assuming he's making shit up, and then insinuating anything otherwise as a "gospel" interpretation. Are you so broken that you only work in extremes?
Solid post and for the Glazers to increase the value of the club from its already inflated value of £5.5 billion current bid, the following would have to happen ;
1. United become consistently successful on the pitch
2. The £1.5 billion paid to the Glazers assuming £1.1bn goes to them and £250m goes to Class A Share holders and £150m into the club for Cashflow.
Where is the money coming to pay off the £1 billion debt, £1 billion to modernise the stadium and £500m to invest in the Squad. The Glazers will have to invest £30m of that £1.1billion this year, the following year and the year after just to prevent serious FFP Fines and Sanctions.
3. At least £250m additional money needs to be invested in modernising Carrington
4. Regular CL football for each of the next three consecutive seasons.
5. Should INEOS take control and Nice finish in the top 3 of French league either United or Nice will not be allowed to play CL as a conflict of interests.
6. United would have to be given their own TV deal to screen every match on their own platform to really increase revenue to the levels that increase the value of the club to £8-10billion
7. They qualify for the club World Cup every 4 years starting in 2025.
8. Domestic and overseas TV rights go up by 30-40% when the new deal is finalised.
Awful lot of if’s and maybe’s however they will not sell to Qatar until they up their bid to £6 billion!
I wish I could just wake up tomorrow and this be all sorted. How some of you can discuss the same points over and over leaves me flabbergasted, hats off to you all!
Almost everything you wrote is totally wrong, made up or irrelevant.
Ratcliffe has enjoyed sporting success in both cycling and F1. His Nice project had stagnated for a few years, sure, but it hasn't been a failure and there are a lot of positives to take away from it, especially recent results and appointments. The takeover has made them financially secure and they aren't under pressure to sell their best players anymore. Not for cheap, anyway. I know they haven't blindly thrown hundreds of millions of euros onto every issue (because I guess that's what most of you really want), but they've been improving both on and off the pitch and getting smarter with operating the club. They've appointed a new, promising sporting director and new, younger managers in Digard and Fariola in place of older, probably less riskier options (especially in the public eye) in Galtier and Favre. They've spent €264 million in the transfer market so far, more than 2.5 times the amount that they bought the club for. Whilst they are definitely not a project where Ratcliffe comes in and burns money like Boehly at Chelsea or Qatar at PSG, it has overall been getting better in the last ~12 months and they are learning from their mistakes...admittedly, you can't really compare this to how they would potentially run one of the biggest clubs in the world in United, but it's not been a failure at all. It's also been a much more sensible and likeable approach than to build a toxic culture and senselessly spend billions on the tranfer market on big names, without any vision, just to show the world how wealthy you are...because what I've just described is exactly what PSG have done in the last 12 years without showing any signs of realizing their mistakes after more than a whole decade. Remember 2021? Hakimi, Danilo Pereira, Nuno Mendes, Messi, Donnarumma, Wijnaldum, Ramos...apparently the "best window ever" for a club...turned out well, didn't it.
And that was after 10 years of "learning on the job".Also, what's the evidence that Jassim (if it isn't a state bid) will be able to restore the club to its former glory or even that he'll spend hundreds of millions on players every summer? Has he been involved in any sports operations? Not to mention that he sure as shit doesn't have the money to invest tens, if not hundreds of millions into Manchester United every year for the next 1-2 decades out of his own pocket...he'd have to rely on his dad or the state to provide him further funds besides the rumored 5-5.5bn, which is also not coming from himself, that's for damn certain.
You also claim that Ratcliffe has gone from first wanting a full takeover to a partial one, and now he'll take any % just so that he can claim to own the club. This is completely false, since it's been stated several times by reputable sources that his offer is "flexible", meaning that there are several options on the table ranging from all Glazer shares for 69% of the club, a 50.1% offer with put and call options for the future and now a 25% minority investment that we don't know the details of just yet. If not all 6 of the Glazer siblings want to leave, what can Ratcliffe do? If that deal isn't achievable, then he can try alternative methods to get his foot in or he can be stubborn like Qatar and submit an offer that Joel and Avram won't accept.
Regarding the blood money part of your post: I don't know any western countries that buy football clubs or other sporting institutions in order to buy the sympathy and support of masses of people, do you? If the US, UK or any country wanted to buy United, I would heavily be against that too. If a Russian oligarch wanted the club, I'd be heavily against that too. I know Ratcliffe isn't the cleanest guy around but I'll take him over state-ownership and/or blood money any day of the week.
By the way, do you think gambling is as bad as working poor Asian immigrants to death in 40 Celsius degrees for 16 hours a day, confiscating their passports upon arrival in the country and just generally treating them like subhumans? All this for what, $200 a month? How about human rights issues? How about womens' rights? How about forcing religion down the throat of their own people? How about sentencing underage people to death? How about committing genocide in Gaza, Yemen, etc.? You're just shamelessly defending the Middle East because they have money.
And yes, I know about our Saudi sponsor and strongly condemn it, however, it's drastically different from complete ownership of the club. And we could be self-sufficient even if we didn't have a single sponsor with a controversial background. Not many other clubs in the world out there that can say the same.
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Have we deluded ourselves into thinking Bloomberg isn't reliable yet?
Love this thread
Love this thread
Thanks.
We're in the minority, but it's good to see other people also acknowledging that Manchester United should be the one sticking it to these dirty oil clubs, instead of joining them.
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No
Oh yeah hard not to blame Jassim for not giving them that blow Ratcliffe out of the water offer
Time for the leeches to accept those tactics aren't working and he's not gonna pay that supposedly bit more
No ones blaming anyone. This is just the state of play
Why do some of you keep saying Sir James Arthur Ratcliffe FIChemE?
It’s a bit weird.
It’s a bit weird.
Qatar will cough up for this.
These little incremental bids from Jassim don't see to have made any difference. He either is willing to pay whatever it takes or him and his team face total humiliation. Maybe Becks can persuade them to somehow outbid Ratcliffe considerably but doubt it
It's one of those weird caf autocorrect filters
Auto correct from what?
If this was an acceptable solution for Glazers, they would have just announced that the deal is done.
3-D chess.
3-D chess.
SJ R without the space
S J R.
On topic, for the millionth time nothing has happened. PR from both bids (and likely Glazers) activated. That's pretty much it.
We can all go back to either enjoy or endure what's going on in the pitch now.
Sir Jimsimi Rattani's offer is exactly what Glazers want. Get someone to invest in the club whilst they continue leeching
What is giving you that belief,personally feel if Jassim was willing to outbid Ratcliffe he would have done that already
Yeah absolutely sickening
They might have been outmanoeuvred already, Sir Jim Rat had given them everything they wanted and more. But he will suffer the wrath of hatred from the fans if Joel and Avram stay.
Too right he should suffer the wrath
Last time I looked in here, the celebrations for Qatar has begun but just a day later, it's now Ratcliffe?
Come on guys, surely you've learnt the game by now?
Come on guys, surely you've learnt the game by now?
Ratcliffe Out thread incoming:
"Get the Brit/redcoat out of our club!"
"Get the Brit/redcoat out of our club!"
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