Alvaro Maestre
Last Man Standing 2 finalist 2023/24
Can this year get any more depressing?
United: Hold my beer.Can this year get any more depressing?
The vast majority where interpreted it how? I dont recall this - anyway my point is he didn't say it would be soon. He also caveated it was under the current bid structure from Ratcliffe which since changed.
It's not irrelevant. The writer who penned the article came on to give context on his article and why he thought Qatar would win (because his sources on the side of Ratcliffe + United board stated unsease from Class A Shareholders around his bid).
My point is the same -Bloomberg didn't say it would be completed soon. Their premise of Qatar being sole runners was also based on the premise that Ratcliffe doesn't change his bid - which he now has.
Exactly, and finally...just put us out of our misery already. If we are to believe what is reported, we should now be well on our way to either Ratcliffe striking a deal or the Qataris raising their valuation to a number the Glazers will accept. Frankly would still baffle me if the Qataris don't hit the "magic number" after all of this, but who knows.Ineos 25% with the Glazers remaining is a deal that doesn't really do anyone any favours, least of all, United fans. Likely means no infrastructure investment and the Glazers running the show for at least another few years. I suppose, from Ratcliffe’s perspective, it's a foot in the door and would put the Qataris out of contention once and for all.
Weird to see this story coming out at almost exactly the same time as the Beckham PR guff, though. Certainly gives the impression that something is going to happen, finally.
I hope he knows something.
Why is now the right time? Because his documentary is out?
Weren't Bloomberg saying it was done dealio for Qatar back in June?
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?
I truly believe, as others have said, this bloomberg report is an attempt from the Glazers to get Qatar to pay up a bit more
I'm not a finance person and have no idea how it all works etc. I just don't see how the Glazers are going to agree to a deal where they sell a bit of the club and are forced into investing that and get nothing from it. Whats actually in it for the Glazers at this point?
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!
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?
At least you guys had a good season. Now imagine being an Oakland A’s fan like myself. Probably the worst owner in all of sports.
You are being a bit simplistic and naieve. Structured bids of this kind have clauses and investment guidelines to prohibit the Glazers to line their pockets.
I am not a cycling fan so I don't know much about the sport, but what little I have read does make one thing clear, the success his team had before ineos takeover and after are very different and not in a good way. F1 really isn't a good barometer as they are a 1/3rd owner and not in control.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.
Surely the 25% offer boxes the Glazers into a corner? Ratcliffe will surely want to agree a future full buyout fee now, but how does that benefit the Glazers? The club could be worth £2 billion or £20 billion 5 years down the line. Nobody knows.
Ratcliffe will want it based on the current value, the Glazers on potential future value. I can’t see how the details on a full take over could be agreed now.
The Glazers will do a full sale if they money is right, they don't give a shit about anything else. Jassim's people haven't made another bid because they currently have the highest bid so why would they bid again? Now INEO's have made another bid I'm sure they'll up theirs also.Not sure why people assume the bigger number wins. It could very well be that the Glazers dont want a full sale, so they put an unrealistic price like 10b like you said. Otherwise I'm not sure what Jassim's people are negotiating if they aren't budging from their (6th?) last offer.
No but what I mean is if its been deliberately told that Ratcliffe is in the lead its putting pressure on SJ to increase his bid. I don't mean they're writing it to help the Glazers.I know feck all about all this business shit, so correct me if I'm wrong. But surely Bloomberg wouldn't be willing to help the Glazers with the sale like this. Right?
On human rights violation, western companies and workers will always be one of the many profiting from it. You want to talk about the workers who died building qatar's football pr guess who built those stadiums you will find western architects and western project consultants. The war zones and atrocities you mentioned, guess who is backing the ones committing those atrocities and making money from selling the propogators of violence with arms and ammunition. We live where we live, you are an indirect beneficiary of the evils committed by your governments who you elect, just accept it since we can't really change it.
Perhaps incorrectly, I read the Beckham stuff the other way. If he’s speaking in the direction of the fans now it’s not because he/Qatar are confident, it’s because they aren’t, or they’re trying to exert pressure on the Glazers. If Qatar were even remotely close to an agreement, they or the people around them wouldn’t be saying a word.Weird to see this story coming out at almost exactly the same time as the Beckham PR guff, though. Certainly gives the impression that something is going to happen, finally.
A minority investment really is the worst outcome from all possible options. United really never fail to dissapoint
Investment into what exactly? We all know the club will not get one penny.
Change your name to sheik jizzm.I completely blew my load when Bloomberg reported a done deal months ago. I have no more spunk to give.
I mean, its a terrible deal for us, but there are positives. Radcliffe will be way more hands on as 25% owner than the Glazers are. Things you'd think will get done quicker. He's a football/Sailing/FI man, so will know certain people to get certain aspects of this club rocking again. Paul Mitchell for instance is someone we're desperate for. Radcliffe getting his feet under the table would be cause for celebration about 2 years ago.
But this club needs so much doing to it, its gone way past minority investment. We need playing staff, backroom staff, an upgraded training facility, massive improvement to the stadium. This needs a full takeover.
A football man?! Is he feck!I mean, its a terrible deal for us, but there are positives. Radcliffe will be way more hands on as 25% owner than the Glazers are. Things you'd think will get done quicker. He's a football man, so will know certain people to get certain aspects of this club rocking again. Paul Mitchell for instance is someone we're desperate for. Radcliffe getting his feet under the table would be cause for celebration about 2 years ago.
But this club needs so much doing to it, its gone way past minority investment. We need playing staff, backroom staff, an upgraded training facility, massive improvement to the stadium. This needs a full takeover.
Minority share deal more like. If this materializes I just hope it comes with an option for future purchases of further shares. Without it this would be a huge downer...
A football man?! Is he feck!
& Mitchell is not the guy we need. He is shocking.
More like Sheik Jizzedout.Change your name to sheik jizzm.
I know feck all about all this business shit, so correct me if I'm wrong. But surely Bloomberg wouldn't be willing to help the Glazers with the sale like this. Right?
Michael Knighton has been flying below the radar of late. Preparing one last mega bid?