And Martin Edwards.
Club Sale | It’s done!
- Thread starter JB08
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And Martin Edwards.
Unless they have set a price for future share sales.
Can you post/quote? Surely the mods would have addressed that.
One year ago, if Manchester United fans were told that we would soon be on the way to being owned by a life long United fan and self-made billionaire, born and raised 7 miles from OT, most would be delighted.
Sir Jim Ratcliffe. Future Manchester United owner and the man that is going to take control from The Glazers....
Qatar turned alot of heads, but this still shoudn't be forgotten.
Glazers even thinking about selling looked impossible not that long ago, we're in a better place than then at least.
This just feels like a Kroenke/Usmanov situation. Unless there are guarantees over a succession, I just see us having more and more issues.
That really would be the worst possible outcome.
That really would be the worst possible outcome.
@Wumminator well the Glazers and definitely Brexit Jim know more than their fair share about dodgy tax deals.
It has ruined the club for years. If you took a mortgage out you would expect to pay it off at some point. Our debt is neverending.
And at a potentially set price to cover increases, these people aren't stupid no matter what the plebs on here think.
This is a business valued billions, the likes that the caf as a collective couldn't imagine nevermind one singular bloke.
SJR is now public enemy no1. If he’d have fecked off with his shitty bids the Glazers would have sold the club by now. Vultures the lot of them feasting on the Caracas of man united.
I would agree, but I cannot see the glazers possibly agreeing to that. They value the club at more than Jassim was offering. They want as much as they can get, and the idea of limiting that to a current agreed price seems the precise opposite of their actions so far in this.
I can't even remember the last time we had some good news about this club. How depressing!
He's buying shares off Glazers so it'll all go to the Glazers wont it? Same would have been the same if the Sheikh had bought their shares, there was further funds provided for but that and the share purchase are 2 different things.
Solhekol reporting that ETH and players wanted Qatar to take over.
Its like Jassim has turned into some kinda martyr for some of themThis is pathetic, but I would be lying if I said I wasn't enjoying the meltdown.
Not sure how the Ratcliffe deal would be positive for the club. All the money from the sale will go to the Glazers. The club will still be a billion in debt and in need for a 2b stadium investment. What is going to change exactly?
People saying this is the death of Man Utd need to get a grip. You’re one of the biggest clubs in the world regardless, you’re not going to go into administration.
You really think he is going to buy 25%, invest in infrastructure (as a minority owner) only for the Glazers to pump up the price and make it even more difficult for him to buy?
He will buy 25% and there will be put and call options put into the contract with The Glazers.
He's not become a self made billionaire because he is stupid.
Why was this our only chance to become serious again?
Finally real news on the takeover. I'd almost given up hope entirely of anything ever happening here, but when I saw the Qatar bid pulled out earlier, I knew something was up. This is not Glazers out yet, but this is a huge first step. I really do hope this is a deal with mandatory options to buy more shares at future dates and eventually Jim Ratcliffe/INEOS can have a full takeover. I was and am very anti-Qatar takeover so this is a relief for me, even if I am still anxious to see the Glazers leave as soon as possible.
£££££££££££
Ineos process to make Manchester United the biggest club in the world again to start shortly after acquiring 100%
Absolutely nothing.
Shouldn't surprise anyone. Qatar ownership means a far greater chance at on-field success.
They (coach and players) do, and should, only care about that.
It's almost funny I have to admit. This club is a spiral of toxicity and depression. Anything that can go wrong. You know it will at this club.
Not sure why the players would, most of them would have been out the door pretty quickly, ETH probably not far behind.
Reminds me of the LUHG brigade idolizing Mourinho and Ronaldo.
They also wanted Greenwood back and he wanted to sign Arnautovic, what they think is worth dick. Obviously this isn't a great result but it's still better than United becoming a tool for any state.
*Raising my glass in honour*
United is bigger than being owned by an inhuman state which didnt guarantee no great succes neither (PSG says hi)
Were did you read this?Ineos process to make Manchester United the biggest club in the world again to start shortly after acquiring 100%
Where can I see this?
Well of course. These players want to win things. The manager too. As long as the leeches are here this won't happen. This 25% minority share sale will change feck all. The only hope is that a masjority sale will happen soon and that Jim has finally learned how to run a football club. Two big fecking ifs.
He will only invest if others do, he won't just put money into United.
The 25% purchase is the investment, assuming it goes into the club and not straight into Glazer pockets (which I doubt), and he's making that investment as he expects to receive more money over time than he's paying for that 25%. The Glazers have made lots of money from us, despite being terrible owners, and with the talk of better TV deals etc there's a possibility that dividends and valuations will increase dramatically.
It's possible that this is a stepping stone to full ownership, but it's also possible that we're adding another leech to the existing group sucking the club dry. Time will tell.
There won't be any takover, all parties involved will gladly sit on debt ridden club while they take out dividens for doing nothing.
Yeaaaah, now we just continue to become a tool for incompetent leeches.
Well it depends on if you believe the reports or not. The most positive outlook is that there's a binding agreement to complete a 100% takeover in 3-6 years and have majority control in as little as 1 year. Ineos would also be allowed to inject funds immediatly with full control over where those funds go. I'd say that's way way better than a non sale.
I mean considering the news just coming out now that broke boy Ratcliffe - whilst only getting a minority stake to begin with - will be taking over in the long run because he met the Glazers valuation so clearly he wanted United more than Qatar, it’s as simple as that really. For clarity i wanted neither but not like we have much choice
He was on SSN a bit earlier and mentioned it.
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