You'd think he didn't have two hapenys to rub together the way some people are reacting!
He's a 70 year old United fan. I'm sure he's desperate to get the team back to where they belong.
Club Sale | It’s done!
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You'd think he didn't have two hapenys to rub together the way some people are reacting!
He's a 70 year old United fan. I'm sure he's desperate to get the team back to where they belong.
We're fecked
That's because there isn't/hasn't been the money for both transfers and facilities. We need a major cash injection and Jim certainly won't do it with just a 25% stake
Yes I'm still cautious as well until we know his full plans. However, if you believe the reports that he will have 100% ownership in the future then it does make sense to invest in the club now.
Stadium redevelopment.
Debt status
These 2 questions need to be answered properly by Ratcliffe.
Debt status
These 2 questions need to be answered properly by Ratcliffe.
Paper talk to appease the fans.
And here's me thinking it was slang for a cocaine-opium combo!
It's just not a given and eventually just isn't good enough
He will! He's a United fan! He's hardly going to come in and run the team in to the ground is he?
could have been a full sale and debt free from next week had the glazers not been such parasites. Dark day
And that's just their opinion as they have shown multiple times that they don't have a clue either
See, I wouldn’t mind this if he was in his 40s but the bloke’s in his 70s. How much time is eventually? We just have 0 clarity.
His net worth is accumulated in assets, not cash.
His ‘valuation’ isn’t what he’s bid - it’s a hollow figure and his actual bids have been far beneath what Jassim offered.
Unless he suddenly sells his other business I don’t see how his situation will change, and even then, why on Earth would the Glazers go along with that? It makes absolutely no sense as my previous post laid clear.
Its on the Athletic.
The fact that he's 70 is a good thing though because he's not going to wait for years and years.
OK it's clear you don't believe the reports. All we can do now is wait and see.
I don't believe David Beckham has any links to Sheikh Jassim - it was just media speculation after questions around his documentary
I don't think Jassim has changed anything in his bid for several months, it's just taken the Glazers this ridiculous amount of time to come to a consensus decision
I think you a right that at least 2 of the Glazers decided they didn't want to sell at this price ages ago
He made an offer that was rejected, as it didn't meet the valuation. Rather than increase the offer, he offered to buy a smaller chunk that he could afford at the valuation the Glazers expected.
Hopefully SJR / United do a presser and prove me wrong but so far I think we're absolutely fecked now. Seems we'll be stuck with the Glazers.
I never once understood the idea that Qatar coming in would magically solve everything, especially as they have no knowledge or history in the game at this level.
Had that paper talk been 78th hand information from a guy more illusive than big foot though...
I'd prefer that outcome as well. I don't see why it's the Glazers fault that one bidder met their valuation and the other one didn't.
And how would overpaying for a minority share benefit him then?
Why would Jim pump money into the club when only holding a 25% stake? Would would he want to increase the value of the club if his ultimate goal is a total controlling stake? Wouldn't that just cost him more money once he trys to buy what he desires?
Furthermore, his record in France is nothing to write home about!
Furthermore, his record in France is nothing to write home about!
The Glazers have successfully sentenced the club to a slow and painful death. I don't think we'll see United win a league title again in our lifetimes and that's such a sad thing to say after the golden years that don't seem so long ago!
Our following is already diminishing with the younger generations already picking the likes of City over Unity (can't really blame them given how dull/banter we are) and the stadium and infrastructure being such a mess. We won't get investment of any real meaning to fix the problems at the club under the Glazers (and possibly Jim Glazer) and we're slowly falling to a mid-table at best position. People will assume this is dramatic but I think we'll all see in time that this was the death knell for United.
Our following is already diminishing with the younger generations already picking the likes of City over Unity (can't really blame them given how dull/banter we are) and the stadium and infrastructure being such a mess. We won't get investment of any real meaning to fix the problems at the club under the Glazers (and possibly Jim Glazer) and we're slowly falling to a mid-table at best position. People will assume this is dramatic but I think we'll all see in time that this was the death knell for United.
Well Manchester United Muppetiers have been proven correct about quite a few aspects of Ineos' bid. He seems to have a high level source inside of Ineos.
No they don't, me you, Uncle Tom Cobbley and all have no right to know anything
If Qatar were really serious about a takeover they could have easily have gone to 6 billion but they decided not too. That's on them.
Just read that. Absolutely amazing if true.
Dont think anyone thought he could buy 25% and get control.
Tier one journalists have confirmed this. There comes a time where your paper talk argument starts becoming weak mate.
The deal hasn't even been officially announced yet and people are demanding answers to all kinds of things.
Why not give the guy a chance first rather than immediately acting so negatively?
Why not give the guy a chance first rather than immediately acting so negatively?
My point was that he is clearly willing to spend a huge amount of money on Manchester United. He's worth between 15 and 20 billion pounds, I don't think he's too poor to afford a full takeover.
Oh my dear god.
3-6 more years of the Glazers and you expect fans to get behind that? It’s a fecking shit deal.
There is absolutely no guarantee of a full takeover either.
Nothing yet and I don't expect them to answer it either. Atleast the Jassim guy was quite clear. Depressing!
JIM IS NOT INVESTING IN MANCHESTER UNITED as of yet, HE IS JUST BUYING SHARES. HE IS NOT INVESTING IN ANYTHING. HE WILL BECOME A SHAREHOLDER like the rest of other shareholders.
Manchester United has many shareholders and Jim will be like one of them. Other shareholders DON'T INVEST in Man United because THEY DON'T HAVE CONTROL
Glazers have been selling United shares even in previous years. It's not the first time they will be selling their shares.
In 2021 Glazers sold shares worth $250m. (1/4 of B.)
Previously they have sold like this...
May 2014: Malcolm Glazer dies. The family sells 12 million more shares at $17 for $200 million (£129 million). In December, Edward Glazer sells 3 million of his shares. Amid fan anger, the Glazers rule out selling Manchester United for at least five years.
August 2017: Through the holding company Red Football, the Glazers sell 4.3 million shares for $17 a share. They make $73 million (£58 million) from the sale.
March 2021: Avram Glazer, the co-chairman, sells 5 million Class A shares worth around $100 million (~£70 million).
October 2021: Avram’s brothers Kevin and Edward Glazer have sold 9.5 million shares at a price of $16.98 per share, netting a total of $161 million (£117 MILLION)
Glazers shareholding will reduce BUT THEIR VOTING Power = Control will remains over 95%.
All this cash, MANCHESTER UNITED as a club have received NOTHING.
Read from here. 6th October 2021 article. 2 years ago.
https://www.telegraph.co.uk/footbal...nchester-united-share-sale-without-weakening/
- Seven months after United co-chairman Avram Glazer pocketed around £70m after selling five million Class A shares, his brothers and fellow club directors, Kevin and Edward, have put 9.5 million shares up for sale with a current value of over £137m ($186m).
- United notified the New York Stock Exchange (NYSE) of the sale on Tuesday evening and confirmed in a statement that the club will “not receive any proceeds from the sale”.
- If successful, it is likely to see the Glazers take their earnings from share sales past the £450m mark in the space of nine years. None of those proceeds have gone to the club, whose net debt stood at £420m as of June 30 this year, and have mainly been used for “estate planning” purposes by the family.
A 100% takeover was what was needed. Glazers are broke, they need money but they don't want to sell their golden chicken which brings the golden egg.
Jim has given them A HUGE REPRIEVE with money + golden chicken and golden egg is still in Glazers possession.
Not a clever man at all.
And your blind faith becomes apparent, mate!
Yeah I know the name is a bit silly and I almost dismissed them because of it. I'd urge you to check out their latest video. He made claims that have ended up being confirmed.
I think it’s fair to demand answers, there was some views what would happen if a Qatari bid would win as they would own the entire club. Jim owning a quarter is a bit complicated and complicated ownership structures don’t tend to do so well in the league.
theres valuation and then there’s valuation. 5.5bn for a club that’s let’s face it is worth approx 2.5bn and get rid of the debt. The bid was more than proportionate the Glazers were never going anywhere from day one.
Good luck to Rstcliffe at 25% with the glazers at the helm like vultures feeding on a carcass - our great club.
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