**__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.