VP89
Pogba's biggest fan
- Joined
- Dec 6, 2015
- Messages
- 34,574
Today I feel INEOSSuddenly I’m team INEOS.
Today I feel INEOSSuddenly I’m team INEOS.
Ratcliffe isn't giving 25% to go into the Glazer pockets either.He wasn't referring to the money which would be purchasing the 25%
He was saying INEOS want the option to be able to invest money into the club for various things.
Why not? It's their assetRatcliffe isn't giving 25% to go into the Glazer pockets either.
Listened to his drivel twice now and he’s made one huge mistake, he says this type of deal only takes 2-3 weeks and that Jimmy Ratcliffe would have to still pass a fit and proper Directors Test?He wasn't referring to the money which would be purchasing the 25%
He was saying INEOS want the option to be able to invest money into the club for various things.
Minorty investment comes with clauses of where the said investment is to be allocated. It doesn't just go in the Glazers pockets.Why not? It's their asset
They are giving the glazers money for equity, sometimes yeah the buyer contractually will stipulate where the money goes but not always.Minorty investment comes with clauses of where the said investment is to be allocated. It doesn't just go in the Glazers pockets.
Its more likely there are clauses of where this money is going. Moreover INEOS will have a certain degree of board presence as a result of holding 25%. It won't be controlling but it will be influential.They are giving the glazers money for equity, sometimes yeah the buyer contractually will stipulate where the money goes but not always.
It's possible yeah, I didn't say it wouldn't be the case mate.Its more likely there are clauses of where this money is going. Moreover INEOS will have a certain degree of board presence as a result of holding 25%. It won't be controlling but it will be influential.
If what Roades said is true (I believe it is)then I would fully support the INEOS offer, providing Qatar refuse to increase.
5.Someone refeesh my memory, Qatar offered 5 or 5.5 Bil?? And from what we know, the cnuts want 6??
Surely they would take 6???5.
The Glazers want more than 5.
Probably.Surely they would take 6???
Fully agree. We need a full change of ownership. The Glazers must go.Had you polled this forum a day after the Glazer statement & said how would everyone feel about someone buying a minority stake in the club which funds the Glazers mis-spending further & leaves them still in control of the club I reckon the ‘nays’ would have been pretty close to 100%.
Whilst I understand people not wanting Qatar, for many reasons, those painting this potential move as any form of win are being disingenuous.
Again, had you polled this forum & asked if they’d be okay with what is rumoured when this all kicked off it would be a resounding ‘no’.
This deal, if true, is unacceptable.
Whoever can bring Manchester United back to the winning habit is the good guy.Berba's turned. Another step closer to the good guys winning.
**__Daily Muppet 13/10/23__**
*INEOS Offer*
- New discussions over the last few weeks.
- Orny & Bloomberg both stated that INEOS are in the lead over the last few days.
- INEOS want 100% of the club. (Not _just_ the Glazers shares).
- The aim was to buy out Glazers and then in the long term get those other shares.
- INEOS feel they have had a broad agreement with the Glazers for around 5 months & that it's higher than the Qatari valuation.
- However, they have had to get creative with the structure of that bid.
- There has been in person discussions over the last week.
- INEOS feel they have a viable offer on the table for the club that is acceptable for the Glazers & meets their valuation.
- It is an initial 25% offer, however, it does include route to, not just majority control, but 100% control.
- There are multiple options of how INEOS gets to that 100%.
- But this offer would be done with stipulated options in place to ensure INEOS will complete a complete 100% takeover.
- There will also be stipulations over control of certain aspects of the club. eg: Money put into the club to cover _whatever_ will indeed cover what that money has been put into.
- Simply an alternative route to 100% ownership.
- INEOS do not want a share of the club that they can then flip.
*What next?*
- INEOS will present this formally.
- We are getting to the point where the board could vote on this offer.
*Timeline?*
- Won't take that long. Potentially a few weeks or a month.
- Unsure if this would be public.
- If this isn't accepted, James believes we will just enter a dead end.
*Locker Room*
- Some players do believe there is favouritism within the squad.
- Most players, however, have remained professional.
- There are players who have raised their concern, but it's nothing unusual within a Football Club.
*Targets*
- Inácio.
- Looking at both LCB & RCB & a Case replacement.
- Looking at wingers as well after offloading Sancho.
- Won't spend big in Jan.
If there is going to be a board meeting about INEOS latest offer, then how long does the 92 Foundation to perhaps make an increased offer?
Time must be running out.
@Berbaclass switching sides is up there with van Persie and Luis Figo.
Possibly bigger.
Sol Campbell territory.
Surely they would take 6???
Least they are positive targets but the bottom line fills me with dread,also the complete lack of clarity on the debt is unacceptable. Nothing he says whatsoever makes me believe he will get the leeches out in the next few years.
I've been obsessed with United for almost 50 years and I've traveled all over the world supporting them but its feels almost like the magic has gone from the club. It's not the not winning, it's the glazers sucking the life of the club, Radcliffe would be just the same. The fans despise the glazers and rightly so. The quataris buying the club is the only deal that works for me as their intentions seem that they want to make it return to former glories, unlike the glazers. If Radcliffe goes into business with the glazers the fans will tar him with the same brush and it will never work. If Radcliffe buys 25% the money will go into the glazers and investors pockets as it's their shares he will be buying, wake up people and smell the coffee. As Radcliffe is looking to only buy 25 % and partner up with the glazers then there is only one deal that will work for the fans, Qatar buying the club.Getting closer and closer to hanging up my boots, huge shame something out of our control can lead to losing complete interest in a sport I’ve followed and travelled to week in and week out, disgraceful really.
Rubbish, if you buy 25 % from the glazers and the investors they can do what they want with their money. So much crap talk being spoken by people on the sale.Its more likely there are clauses of where this money is going. Moreover INEOS will have a certain degree of board presence as a result of holding 25%. It won't be controlling but it will be influential.
I don't understand why Ratcliffe would complete a staggered purchase over the course of the next few years instead getting the whole lot now. Why?
Actually he's right that the investor can stipulate what amount of their investment must go into the business. Knowing the glazers, they wont agree to that stipulation though. If they had to raise money that way, the easier option will be to sell some of their meaningless class A shares, or create new ones.Rubbish, if you buy 25 % from the glazers and the investors they can do what they want with their money. So much crap talk being spoken by people on the sale.
No they can't, this isn't a public offering, utd aren't selling shares, glazers are.Actually he's right that the investor can stipulate what amount of their investment must go into the business. Knowing the glazers, they wont agree to that stipulation though. If they had to raise money that way, the easier option will be to sell some of their meaningless class A shares, or create new ones.
You can stipulate all you like but you as the seller don't have to agree to that agreement, we are both saying the same thing. The glazers have no interest in reinvesting their own money in the club, never were and won't start now.Actually he's right that the investor can stipulate what amount of their investment must go into the business. Knowing the glazers, they wont agree to that stipulation though. If they had to raise money that way, the easier option will be to sell some of their meaningless class A shares, or create new ones.
Really? The rest of the shareholders add up to 31 percent owners to Glazers 69Its more likely there are clauses of where this money is going. Moreover INEOS will have a certain degree of board presence as a result of holding 25%. It won't be controlling but it will be influential.
Correct, I'm not saying otherwise. What i mean is, if they wanted to raise money for the club, they could do it in several ways without impacting their ownership status.No they can't, this isn't a public offering, utd aren't selling shares, glazers are.
If Ratcliffe is successful in joining the gravy train with the Glazers then the fans really should just boycott the club in their 1000s, let's be honest, the club died years ago, it's now just a relic, sad but true.