It wasn’t that stupid though if you read the press release of the strategic options . They wanted to ensure they were hitting that brief and putting forward a bid that was in the interest of “the club, it’s shareholders, fans and stakeholders” and if the Glazers were honest they would have had to accept that bid on the basis it meets the requirement of the brief.
Club Sale | It’s done!
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Who was that poster who was claiming INEOS & November for months?
Maybe a large portion of the forum who them an apology!
Maybe a large portion of the forum who them an apology!
Likely. All settling down nicely for him to pick up shares in the coming months.
Everyone talking like this is a done deal….as far as we are aware, Qatar has pulled out and the assumption is that the Ineos bid will be accepted as it’s the only one on the table?
Until offers are put out to shareholders then nothings done.
Wouldn’t surprise me if someone else has joined the party now that we are in the dark about.
Until offers are put out to shareholders then nothings done.
Wouldn’t surprise me if someone else has joined the party now that we are in the dark about.
Sporting and finances of the sporting arm are not separate. Being in control of the sporting arm means you have budgetary and staff control. You can't have control without those two elements - you don't buy 25% and demand control for a glorified DOF position. You can't use money from other companies to buy players - it's against the rules and FFP - so the credit line is most likely part of the sporting arm.
You’re correct.
No reason one of the siblings pull a Shivi and rejects Ratcliffe’s offer.
Do City pay their owners or is the value as a plaything?
Honest question. How long do you think Jim will take to buy the whole club? Does he have the money for that, or to compete in the transfer market without taking out funds from the club like Glazers did? Are they going to build a new stadium/training ground anytime soon? Are we wiping out the debt? Lots of big questions tbh.
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One thing is sure, £1.5bn isn't going anywhere near answering those questions.
If you believe what was reported the total Qatari bid was worth nearer £10bn after they had paid off the debt, rebuilt OT and sorted Carrington out.
I don't believe for one minute believe that SJR/INEOS are going to sink that kind of the money into the club over a similar time frame.
Yep, can’t see it any other way. Like I get in comparison the buyers at PSG and City paid peanuts but they were both nothing clubs. United are premium. Considering their (his family) overall wealth exceeds 500 billion (could be wrong but this is what I’ve read) I find it hard to believe they couldn’t put their offer up to the maximum the Glazers wanted. It was definitely an individual bid with him and a few other business men. The only other option is that the Glazers would never sell ever but I don’t think that’s the case either. If enough money was offered they’d very likely sell. Of course i am just speculating here but yeah logically you’re on the right track
I can’t see it. There’s no way Jim is taking credit line out from the club with the Glazers say so. They’re still majority shareholders on top of that
I don't think they'd have been any safer under Sheikh Jassim.
I find these rumours funny that people working for the club prefer SJ as many would probably have lost their jobs even faster and players would be replaced sharpish. Ratcliffe can't just come in and sack who he wants nor sell who he wants.
I could see the mainstays like Bruno and Rashford being happier with SJ, as they would probably get to play with better players, but many other players and coaches they'd probably be on thin ice.
We do owe him, not who them an apology you are quite correct and hopefully the fanbase will start to unite and stop being so divided because Jim the Saviour is going to win the CL, PL all in the next 3-5 years if that happens, we’ll be more than happy to eat a huge amount of humble pie on the man that managed to keep the Glazers when they were on their Ass and halfway out the door !
Everyone put so much stock into a vague press release statement and got their panties wet over it without any sort of critical thinking.
Every time I see Sheikh Jassim's face I am convinced he will be playing Samwise in the Qatari remake of LOTR.
The United Stand is actually the same as the Glazers, they are an absolute shit stain of a channel and completely thick conspiracy theorist wankers.
I'm waiting for Mark Kleniman to say it's a done deal.
He has done only 2 tweets about our sale.
1. Breaking the news of strategic review. ( took 1 day for Club to confirm it).
2. He said last week that Ineos is planning a 25% minority purchase of both Class A and B shares at £1.5B. ( took one week for Jassim to walk away).
If he doesnt say anything till Thursday, then anything can happen during that meeting.
Twas me,
Ill recount the information I got and from where.
I was told by two separate people, just randomly people I know very well that are not bullshitters in the least.
Source 1, (April 2023) a family friend of mine. We were at a family function and id only met him a few times, anyway one of his best mates is someone who works in the legal dpt of INEOS. We got chatting and he didn't know I was a United fan anyway he just flippantly mentions his mate and had the following:
- INEOS wasn't stressed in the least and it was considered when not if that they would succeed
- They always thought Jassim was a bluff/not serious, he even said his mate thought he didn't even exist that's how unserious they took that offer.
- The deal had been worked on for 18 months prior to that point (April) the announce was way after work begun.
- The deal would be completed in October
Source 2, (July 2023) one of my very best mates is a very well respected and popular cycling journalist may know him, may not, he's written a couple of books. He was covering the Tour de France back in July and obviously has an in with INEOS cycling team. He didn't mention who but he said someone who would know and wouldn't be bullshitting told him the deal is all but done and will be completed by November, asked him about Jassim and his bid and what they said and he said INEOS has serious cash and was given the impression that they have more ready for the takeover now.
I may get more information, may not, who knows. But that's why Ive been adamant for months its INEOS and October/November, it seems like hear say but both people were not bullshitting and I knew it was happening when it was two completely separate people with solid connections.
I messaged a few people with the info and didn't get a response.
I can't be too detailed on the who the people are since id probably get scolded, most worryingly by the mrs.
When Roman Abramovich had to sell Chelsea was he owed money?
That will answer your question. Play thing or not. It’s never free money when it’s time to cash in.
When was the last time you footed the bill for a company that spent unsustainable amounts of money on football?
As far as I can tell, the biggest culprit in corporate bailouts is consumer behaviour.
It's certainly not my favourite channel, (none of them are particularly great) but this is OTT. Most of them are ST holders that go to every game and they are fans just like us, they have opinions that vary and to be honest I see those same opinions on this very forum.
I still don't understand what "cash upfront" is supposed to mean. A 5bn direct transfer to a Glazer account now? Why would they want that? The current way gives them money, investment , dividends until they sell everything, shifts the blame for sporting issues and provides them with a opportunity to make even more money in the future. It's clearly superior financially.
It is likely in their best interest that Ratcliffe increases the valuation of the club as much as possible for the final buy-out date. Limiting his ability to do that would be counter-productive to their personal financial gain.
Given the examples at City and Newcastle, i'm almost certain that the vast majority of the club's employees would have kept their jobs and in significantly better work environments too. They only change the key decision makers if there is a need to make the change. They keep everything else about the labour force pretty much the same.
Funny how the media will now run with endless stories of all the amazing things Jassim would have done with the club.
Yet if he had actually won! all we would hear about is how evil the sale is and now United are just part of a sport washing exercise.
Yet if he had actually won! all we would hear about is how evil the sale is and now United are just part of a sport washing exercise.
Who owns Duracell?
I've never lived in the UK but would've been heavily against Brexit.
It's a funny post, though, did make me laugh.
Getting their ducks in a row for when the Qataris decide to buy their darling club Liverpool. All of a sudden the morality argument will just disappear
Exactly this. But the Rat pack refuse to even to discuss this stuff.
Yes, 5bn paid upfront. I don't know what industry you're in but in mine money now is superior to money in the future that is subject to some other conditions. All-cash deals are always a preferred option.
How are season ticket holders reliable or reasonable?
How is a creator business not incentived to produce conspiracy theories and clickbait that attract attention, regardless of their veracity or authenticity?
Just take a look at his other clubs, Nice is a shambles.
I've said it before and I'll say it again. If the news about Ratcliffe getting 25% of the club had broken out of the blue this time last year then everyone on here would have been delighted. It is only because the prospect of copying the City / PSG model was dangled in front of certain fans that now Britain's richest man isn't good enough. Its pathetic.
Grow the hell up. Some of us didn’t want the human right’s abusers OR Jim. But the latter is the best out of a bad bunch, for the people who aren’t 14 year old spoilt brats who didn’t get the Xmas gift mummy promised them and will wait to see what actual details of the deal are.
Honestly, I see my posts in here like “OMG the rival clubs will be enjoying this”, “OMG King Jassim of Pluto will buy Liverpool now and they will win every trophy ever whilst Utd get relegated”.
Some of you care far too much about what others think because you hang on to every word of the people like Brent (Mark Goldbridge) who don’t even fecking support Man Utd in the real world!
Our online fanbase is the worst, it’s even worse than Arsenal’s. Bunch of spoiled, whingey, most self entitled people I’ve ever known.
If some of you feck off to Bluemoon and start supporting the plastic entity which is Abu Dhabi FC then this place will be all the better for it.
Are there any other clubs in Europe with a similar set-up to SJRs proposed minority ownership across all sporting matters operating under existing club owners?
To be fair it's only 8 games in. United have looked really good at times after only 8 games too.
My point wasn't that they are reliable or reasonable, my point is they are no better or worse than any other United fan and on this very forum, you hear the same opinions, good bad or indifferent.
Also it is a channel that uses clickbait, it's almost as if they are using the same strategy as the written press has for hundreds of years with their headlines.
For me it's quite simple, if you don't like the content, don't watch it, don't read it and avoid it. It's very simple. But to describe them the way they've been described is way over the top because they have opinions you don't share and yet be a part of a forum that have voiced the same opinions/conspiracy theory's and sometimes even worse , does that make this forum as an entity a shit stain of a forum? Just read a match day thread on this forum and you'll see a different level of shit stainery.
I'd say that's pretty far away from a shambles though as the original person said.
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