Club Sale | It’s done!

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Qatar never offered what the seller wanted. People can cry for them all they want, but they’ve flopped. So much noise, so much shite, and for nothing.

They don’t want to overpay for something they didn’t think was worthwhile.

They will buy another club for a fraction. It’ll be Liverpool I bet.
 
I find the indicated solution more than a little worrying, to be frank. What it sounds like to me is the Glazers have acquired a junior partner, and have agreed to provide that junior partner with a certain role. That could work, right up to the point where they find themselves in disagreement. As far as I can understand, if you're in charge of football decisions but don't command a majority on the board, you're not actually in charge of football decisions. What you then get is a situation where it's unclear who's in charge, which is usually the worst possible situation to be in - even worse than having someone incompetent in charge.
 
So Sir James Arthur Ratcliffe FIChemE has paid 2bln to be Arnold’s boss and report to the glazers? What’s in this for the glazers? This is a terrible deal for everyone involved.
He won't be Arnold's boss :lol: :lol:
(Not yet anyway)

Arnold doesn't deal with the footballing side which is all the power that Ratcliffe would have.

If anything, he'd be Murtough's boss and signing off the purchases of players. Which you'd think would be a lot more smoother than with Joel.
 
They also heavily criticise him and say that he's largely been a disappointment, I also highlight that my opinion is different to theirs.

I don't know who I'd have, I'd wait until we're linked with a few and it's credible and not a rumour and then do my research on them.

But from what I've read Mitchell doesn't seem to be that guy to solve everything.
No one said he's the man to solve everything.

Im asking why you think he's "so bad it's unreal" and you haven't really been able to explain why. His results are mixed, as is every other footballing head or head scout or director of operations etc.
 
Doesn't seem like they have been?

Maybe he'll be able to ratify purchases instead of Joel?

At least that way it'll be much quicker process, my god.


This would be good actually.
 
Doesn't help you've got guys like Fabrizio still outlining Jassim's offer. Like a proper 'heres what you could've had'..

 
Hello.

I'm a long time RedCafe lurker but felt compelled to sign up after reading this thread for the last 12 hours or so.
I'm quite surprised that the sentiment about the Qatar-Ratcliffe situation is so overwhelmingly negative.
My read, based on the information currently available, is that this is a very good outcome for the club.

We haven't gone into the hands of a state owner. This is absolutely massive for the institution that is Manchester United. We are big enough, if run right, to compete and be successful. You only need to look at Arse and Pool to see that.
Ratcliffe is a grizzled businessman and made a deal that creates a roadmap for full ownership. And while that 100% number is a few years off, respected reporters are saying he could be in control of the club in a year.
His initial 25% stake would give him 40% weight when it comes to board voting rights.
He's going to have sporting control right out of the gate, and any investment into the club will be under his direction, not the Glazers.

It's not a massive leap to assume that Dave Brailsford will arrive in some type of overarching Performance Director capacity, with Paul Mitchell as DoF - these are experts in their fields with proven track records. When was the last time United could say this in terms of the people above the manager? Never.
And we're also set to benefit from the data and sports science expertise Ineos already has.

Men like Jim Ratcliffe don't engineer this type of situation to be a 'yes man' - I should have thought there's going to be a codified roadmap to control / ownership, with watertight milestones for compulsory share purchases. I'd venture that he's going to act as though he's running the show from day one. He's paying a huge premium for his first tranche of shares and will have negotiated accordingly in terms of control and input. It's just totally illogical to suggest he's spending 1.5bn to be an invisible investor.

I understand this is not the clean break that we all desperately wanted, but we are at the beginning of the end game. This news is a net positive, and I look forward to seeing how it all comes out in the wash in the coming week.

My two pennies, for what they are worth.

Very good post. But be aware, sensible posts like this will not go down well on the Caf :lol:
 
Ineos do like to have involvement in top sports so this great for them and those two Glazers that want to keep hold, a foot in the door for Ineos and controlling stake to try and move the club up. I doubt they can achieve much but there's still a chance they can improve things at the club. Trouble is like he says money is a huge aspect, we have City, Newcastle and perhaps some group in Qatar going for a different club. If top football does evolve into a super league, United will also have to compete head on with big capital cities and nicer places.

I wonder how long we can ride the name and past success, it seems very difficult as the landscape is changing fast and we've been stationary for 10 years. We'd need a very clever and cheap player recruitment plan and a top manager for many years to get back. We won't have the money to spend, adding another billion to the debt just for players wouldn't be good. Very little room to improve facilities unless we can keep winning prize money with top recruitment. The oil clubs will buy the best and I don't see us challenging for a sustained period in the next 30 years. We'll just be a legacy club for the top clubs to play against.

I suspect even in common vernacular "United" will be associated with Newcastle in 10-20 years, if you see what the Newcastle owners put emphasis on it's taking their United name to the forefront of their branding, they want we have/had. City owners completely supplanting the well known Manchester club. Qatar after the snub will no doubt do what the City owner has done and buy some other club to leap ahead. Thing is we've had the money and name to hold on yet the Glazers have no vision or intelligence to employ the correct people to spend the clubs money for the last ten years or even plan ahead before Fergie's retirement. Over a billion spent with no PL or CL challenge is a special type of failure that I think most boards would have trouble doing.
 
So Sir James Arthur Ratcliffe FIChemE has paid 2bln to be Arnold’s boss and report to the glazers? What’s in this for the glazers? This is a terrible deal for everyone involved.
It might seem that way on the surface, but there has got to be more to it than that. I don't see why the Glazers would relinquish all control of football operations unless he has an obligation to take a majority stake in the foreseeable future.

It seems highly probable we get an official announcement tomorrow. I presume that will clarify a lot.
 
I don't know what to say really. I am numb. I was hoping against hope that Qatar would pull a rabbit out of the hat and get this done eventually.

Now I am just looking forward to years of mismanagement and mediocrity. We have become the new Arsenal. And it isn't exciting in the slightest. I won't proclaim something dramatic like "I am going to stop supporting the team". I will still watch the matches but will have my expectations completely dialed down. We are now going to be mid-table for the foreseeable future.

What a dark day in our history when Glazers took over the club. It has completely capitulated since then. I completely blame the FA and the PL to allow such an egregious crime against such a respectable institution. They have made us into a zombie.
 
Clubs dead, this is the final nail spin it how you want but the clubs been ravaged for over a decade and they still won’t let go, I’m out post this season.
 
Hello.

I'm a long time RedCafe lurker but felt compelled to sign up after reading this thread for the last 12 hours or so.
I'm quite surprised that the sentiment about the Qatar-Ratcliffe situation is so overwhelmingly negative.
My read, based on the information currently available, is that this is a very good outcome for the club.

We haven't gone into the hands of a state owner. This is absolutely massive for the institution that is Manchester United. We are big enough, if run right, to compete and be successful. You only need to look at Arse and Pool to see that.
Ratcliffe is a grizzled businessman and made a deal that creates a roadmap for full ownership. And while that 100% number is a few years off, respected reporters are saying he could be in control of the club in a year.
His initial 25% stake would give him 40% weight when it comes to board voting rights.
He's going to have sporting control right out of the gate, and any investment into the club will be under his direction, not the Glazers.

It's not a massive leap to assume that Dave Brailsford will arrive in some type of overarching Performance Director capacity, with Paul Mitchell as DoF - these are experts in their fields with proven track records. When was the last time United could say this in terms of the people above the manager? Never.
And we're also set to benefit from the data and sports science expertise Ineos already has.

Men like Jim Ratcliffe don't engineer this type of situation to be a 'yes man' - I should have thought there's going to be a codified roadmap to control / ownership, with watertight milestones for compulsory share purchases. I'd venture that he's going to act as though he's running the show from day one. He's paying a huge premium for his first tranche of shares and will have negotiated accordingly in terms of control and input. It's just totally illogical to suggest he's spending 1.5bn to be an invisible investor.

I understand this is not the clean break that we all desperately wanted, but we are at the beginning of the end game. This news is a net positive, and I look forward to seeing how it all comes out in the wash in the coming week.

My two pennies, for what they are worth.

Promote this guy please
 
It was between a rock and a hard place. Neither is great. The biggest issue is the greedy Glazers. We don't know exactly what Racliffe is going to do. If it just ends up as a status quo then he will get the same flak as the Glazers as would Qatar. This is one hell of a job to take on. It isn't a small club trying to climb the league with gradual investment, this is a huge world famous club that needs major investment in all departments and needs dragging into the 21st century.
Look I don't disagree with anything you're saying and I don't see this as a positive result and suspect that United will continue to fall further behind (because good decisions need to be made to avoid that and nobody involved has suggested that they are capable of making good decisions). As I said my main complaint was with calling out Ratcliffe's politics in every post (which are shit) and ignoring the hypocrisy of ignoring those for the other party and just taking the PR spin that everything would be perfect under the Qataris when they weren't even willing to pay enough to convince the Glazer's to sell, never mind funding everything afterwards.
 
Doesn't help you've got guys like Fabrizio still outlining Jassim's offer. Like a proper 'heres what you could've had'..


It doesn't, but it looks even better when Ratcliffe / INEOS haven't really said what they'd actually do if they got control. Say what you want about the Qataris but they outlined exactly what their intentions were for the club from the get-go. We don't know if INEOS will do any stadium repairs, invest in the first team, clear debt or anything. If they'd wanted fans onboard they should've outlined this months ago.
 
Qatar never offered what the seller wanted. People can cry for them all they want, but they’ve flopped. So much noise, so much shite, and for nothing.

The problem is, what the seller wanted was way above market value and just took the piss let’s be honest. It’s a clear sign that they never intended to sell. Instead, they’ve got what they ultimately wanted.. investment but still a seat at the top of the table. They are the okay winners in this game.
 
feck it, call me naive but I'm ready to see where it goes. I'm excited to see if this truly is the road to a Glazer-less Manchester United.
 
Doesn't help you've got guys like Fabrizio still outlining Jassim's offer. Like a proper 'heres what you could've had'..


I am not buying United either but this was my offer;

- $50 Trillion
- free paper hats for every travelling supporter
- buy Sneijder
 
Of course there's such a thing. Unfortunately it's the sellers that set the price, not market or fan opinion.
That explains why SJR is a minority investor then. Also explains why multiple reports have said Joel and Avram don’t want to sell their shares
 
I don't know what to say really. I am numb. I was hoping against hope that Qatar would pull a rabbit out of the hat and get this done eventually.

Now I am just looking forward to years of mismanagement and mediocrity. We have become the new Arsenal. And it isn't exciting in the slightest. I won't proclaim something dramatic like "I am going to stop supporting the team". I will still watch the matches but will have my expectations completely dialed down. We are now going to be mid-table for the foreseeable future.

What a dark day in our history when Glazers took over the club. It has completely capitulated since then. I completely blame the FA and the PL to allow such an egregious crime against such a respectable institution. They have made us into a zombie.
Agree with this. Don't keep any hopes. Just watch the games and chill. The emotion has anyways died for me. Even the last minute victory the other day didn't make a ton of difference to how I felt. I think this is the new normal for me and thats fine.

feck glazers.
 
Qatar never offered what the seller wanted. People can cry for them all they want, but they’ve flopped. So much noise, so much shite, and for nothing.
Pretty sure the asking price moved multiple times
 
Doesn't seem like they have been?

Maybe he'll be able to ratify purchases instead of Joel?

At least that way it'll be much quicker process, my god.


It’s gone from majority to minority to co ownership now wow ?
 
Is your house worth splitting between all the people in this thread that'll call bullshit on this?

Then again, you've said 3-8, so your conviction is as good as a Michael Owen expert opinion.

Well calling bullshit on this would mean on the contrary that predicting us to be either a top 2 team or bottom half table team, would u rate those stakes higher than my place 3-8 mid table ManUnited in the next 10-15 years?
 
Glad we aren't going to be state-owned, but yikes if this isn't the most underwhelming resolution to all this. If Brailsford comes anywhere near this club...
 
So the parasites will be staying on for an undetermined amount of future years and people are rejoicing at this news ? after what they’ve done to our club for the last 18yrs ?
 
Qatar never offered what the seller wanted. People can cry for them all they want, but they’ve flopped. So much noise, so much shite, and for nothing.

For someone offering unlimited funds and all the riches of the land they sure were underwhelming
 
Clubs dead, this is the final nail spin it how you want but the clubs been ravaged for over a decade and they still won’t let go, I’m out post this season.
I'm seeing posts like these far too regularly. You're being far too premature. There is an end goal and light at the end of the tunnel, but you need to have the patience for it.
 

fecking hell how long have you been holding onto those quotes? Haha.

What’s your point, that you can’t read too much into the table or that Levy is doing a better job than the Glazers?

If it’s the latter, to be fair I didn’t definitively say the Glazers are better owners (they aren’t) just that Spurs were providing some hilarity at the time (whenever it was, genuinely don’t remember when I made those posts) and making us look less badly run than we are.
 
Doesn't help you've got guys like Fabrizio still outlining Jassim's offer. Like a proper 'heres what you could've had'..


I get it’s vogue to slate Romano but he’s simply posting the option that has walked away.

When Mr. 25% of 69% goes through it’s reasonable to compare what a 100% takeover would could have looked like.
 
Hello.

I'm a long time RedCafe lurker but felt compelled to sign up after reading this thread for the last 12 hours or so.
I'm quite surprised that the sentiment about the Qatar-Ratcliffe situation is so overwhelmingly negative.
My read, based on the information currently available, is that this is a very good outcome for the club.

We haven't gone into the hands of a state owner. This is absolutely massive for the institution that is Manchester United. We are big enough, if run right, to compete and be successful. You only need to look at Arse and Pool to see that.
Ratcliffe is a grizzled businessman and made a deal that creates a roadmap for full ownership. And while that 100% number is a few years off, respected reporters are saying he could be in control of the club in a year.
His initial 25% stake would give him 40% weight when it comes to board voting rights.
He's going to have sporting control right out of the gate, and any investment into the club will be under his direction, not the Glazers.

It's not a massive leap to assume that Dave Brailsford will arrive in some type of overarching Performance Director capacity, with Paul Mitchell as DoF - these are experts in their fields with proven track records. When was the last time United could say this in terms of the people above the manager? Never.
And we're also set to benefit from the data and sports science expertise Ineos already has.

Men like Jim Ratcliffe don't engineer this type of situation to be a 'yes man' - I should have thought there's going to be a codified roadmap to control / ownership, with watertight milestones for compulsory share purchases. I'd venture that he's going to act as though he's running the show from day one. He's paying a huge premium for his first tranche of shares and will have negotiated accordingly in terms of control and input. It's just totally illogical to suggest he's spending 1.5bn to be an invisible investor.

I understand this is not the clean break that we all desperately wanted, but we are at the beginning of the end game. This news is a net positive, and I look forward to seeing how it all comes out in the wash in the coming week.

My two pennies, for what they are worth.

This is the kind of posts that redcafe needs. Sensible and thought out.
 
“My stupid morals”. I care about human beings. I didn’t think state ownership was ever a good fit. I would go without trophies forever. But I’m not a spoilt glory hunter.

Your posts has summed up why I hate modern football, and the online fan.

And I don’t believe you have friends who are City fans.

Im from Manchester half my family and 2 very good friends are life long City fans. I‘ve watched City at Main Rd with my friend. And I’ll say it again the ‘soulless club’ jabs you throw at City fans make them laugh, they’ve followed the club up and down the country watching them in league 1 they give zero fecks when they’re now one of the biggest clubs in the world playing some of the best football and winning trebles.

Because a club wasn’t challenging for trophies before a takeover doesn’t make them plastic. City is over a hundred year old club, it’s your way of coping with our absolute failure and a way of trying to play down their success.

If you want to take the moral high ground Jim isn’t exactly the best role model is he? INEOS have numerous pollution accusations against them but I suppose that doesn’t matter
 
It just doesn't make any sense? One of the best business man in England is buying 25% of Man Utd to pour money into it while he still has to buy the rest of the Glazers stake at a higher price. Something isn't adding up.
When you get a mortgage on a house you still renovate the place even though you don’t really own it until you pay off the mortgage. The contract is signed to say you will be the owner. Don’t see this as anything different.
 
I get it’s vogue to slate Romano but he’s simply posting the option that has walked away.

When Mr. 25% of 69% goes through it’s reasonable to compare what a 100% takeover would could have looked like.

It is reasonable, but he was outlining it all last night too. And it's just too bloody late now.

Anyway, bring on the (eventual) INEOS overlords.
 
They don’t want to overpay for something they didn’t think was worthwhile.

They will buy another club for a fraction. It’ll be Liverpool I bet.
It's not about overpaying. It's all about not being arrogant and thinking that you can just barge in there and force the Glazers to sell. You have to be creative and flexible. All Qatar had was a sledgehammer and it simply wasn't destructive enough to bury the Glazers.
 
The problem is, what the seller wanted was way above market value and just took the piss let’s be honest. It’s a clear sign that they never intended to sell. Instead, they’ve got what they ultimately wanted.. investment but still a seat at the top of the table. They are the okay winners in this game.
The market value for a club like United doesn’t really reflect its actual value. It’s not just bricks and mortar we’re talking about here, such a purchase is more akin to buying a piece of art.
 
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