Club Sale | It’s done!

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Just looked up this Jean Claude Blanc guy. It's just Jim's french alter ego isn't it?
 
Sir Dave Brailsford, the former head of British Cycling and INEOS Grenadiers before becoming Ratcliffe’s director of sport in late 2021, would be expected to head up the sporting operation at United.

At least our doping will finally be on City and Liverpool's level. :drool:
 
Im disappointed that the strong 92F bid is apparently off the table and find it very weird that some United fans are happy that the group who wanted to clear our debts, sort out the stadium and get rid of the Glazers are gone.

Now it seems we are left with Sir Jim's minority investment deal. Obviously it's difficult to get excited about this but there are at least some positive noises coming out regarding structural changes and potential stadium renovation. It's all just PR bluster at the moment but better than nothing I suppose.

Until we see some real details it's difficult to judge and I wouldn't hold my breath on this deal getting done anytime soon either.
 
Can't wait for this shit to be over.. bring on Thursday..
Glad its not Qatar..

I know. I don't get why some people follow this obsessively when nothing that's reported is confirmed. It's all just rumours and guesswork.
 
Seriously? The vast majority of your clothes are derived from petrochemicals.
It's crazy how so many on here are clueless about so much and yet they try to make fun of others when they point out their ignorance.

This is why I keep getting Brexit PTSD off this whole saga.
 
Do City pay their owners or is the value as a plaything?

The value they take from it is the way it’s value increases.
I’ve read that they bought it for a few hundred thousand, put in a capable management team and £1.5 billion and it’s now worth something north of £4 billion. And even if those numbers aren’t current it remains a solid truth that good management and reinvesting profits is what it takes to grow a business . . the better the management and the more of the profits that get fed back into the machine the bigger it gets.

I’m guessing that Ratcliffe understands this.
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Ineos planning to invest in the stadium and traing facilities makes zero sense when you plan on owning all of the club in the future. Why invest making the assets go up.in value when you plan on buying the last 3/4? This stinks to high heaven
 
So we’re still one of the poors? Damn, City gonna dominate this league for a long time. Oh well, the chase for top 4 will be what we have to look forward to every year.
 
Brailsford going to have a key role. Still mates rates. What’s worse is he failed at Nice.
 
To give some people a bit of a break from my whining, here's a good video of a French journo talking to Saeed about what we can expect from Ratcliffe. Particularly interesting was the start from 10:00 to 15:00.

This same journo also had insight on Todibo versus Disasi in the summer which turned me off the latter and made me want us to sign the former.

https://www.youtube.com/ISMKFEeqv8ojoM15
 
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How so? Because I am reading the reports from today and think Ratcliffe is making more astute decisions?
Compared to Goldbridge, who literally makes things up and calls people a prat for pointing out where he's wrong :lol:
:lol: Literally his MO.
 
I love how words like "amateur" are thrown around like you're some kinda successful billionaire yourself :lol: You make it sound it was a very easy thing to do and he cocked it up
Believe me if I had the money to buy United and was a childhood United fan like Jassim apparently is, I would try everything to buy the club, even if it meant to first part own it. Now maybe Jassim has tried to do this too and I missed the news, but I have only read so far that he wants 100% immediately or nothing. Nothing it is then. Fine with me.
 
Ineos planning to invest in the stadium and training facilities makes zero sense when you plan on owning all of the club in the future. Why invest making the assets go up.in value when you plan on buying the last 3/4? This stinks to high heaven
It's not clear how much investing in maintaining and improving the existing infrstructure would add though, really. The share price likely already contains expectations of investment, which has to be funded somehow (which caused the immediate need for outside investment to start with). If it's done via (for example) low rate loans from Ineos then Ineos make the return on that, whilst getting 25% of the capital growth caused if it's over and above the expectation already in the price they paid. Most of the share value is going to be predicated on expected future returns from media and so on, with a functional asset base as a given. That benefits the club (cheaper debt than open market), helps the infrastructure and the asset value isn't diminished, although not likely hugely raised.

The valuation issue Ratcliffe (or anyone else face) is the fantasy land values in the Glazers heads, not what might realistically happen with sensible investment.
 
Ineos planning to invest in the stadium and traing facilities makes zero sense when you plan on owning all of the club in the future. Why invest making the assets go up.in value when you plan on buying the last 3/4? This stinks to high heaven

It’s very likely that the path to ownership includes options which force a sale at a particular share price (premium).
 
I'm having a 'hissy fit' because the club's ethos built up by SAF of competing to win is dead in the water. We've gone from a scary club to a laughing stock in the past years. With this, we're truly on the path of fallen giant.

Not because some rando from Qatar didn't take over. If we got a Boehly (who despite his issues has spent the money and even wanted to build a new stadium) or if Ratcliffe took over 100%, that'd be acceptable.

However, I cannot and will not stomach a ruse like the one Ratcliffe has pulled off where the future of the club is in limbo, just so he can get to play with United, while the parasites stay and enrich themselves further.

I have learned my lesson in the past on empty promises and propaganda from people like Ratcliffe. You can feel free to believe him but that won't change the reality.

Is Ratcliffe and Ineos coming in at 25%, with a potential to move towards full control an improvement on full Glazer control?

What "empty promises and propaganda" has Ratcliffe made? To me, it seems like one of the reasons he won was that he kept his powder dry.
Telling everyone how much money you have and how you plan to spend it may have been what did for Qatar in the end.
 
Ineos planning to invest in the stadium and traing facilities makes zero sense when you plan on owning all of the club in the future. Why invest making the assets go up.in value when you plan on buying the last 3/4? This stinks to high heaven

Presumably that sort of thing would be part of whatever deal they end up agreeing upon?

How stupid do you think the people involved in this are?

Even if you think they're absolute idiots (in the case of the Glazers, I can't say I blame you that much), don't you think they have lawyers and financial experts working for 'em who are (one must assume) not raging idiots?
 
Ineos planning to invest in the stadium and traing facilities makes zero sense when you plan on owning all of the club in the future. Why invest making the assets go up.in value when you plan on buying the last 3/4? This stinks to high heaven

we can expect to see a load of this type of story about how much Sir Jim and Ineos are going to do for the club. I will take the propaganda for what it is but now the dust is starting to settle i will be giving Sir Jim a chance for a while but it would be good to see some clarity directly from him very quickly. I have a fear that he may pass on before the goblins, and may indeed have some of his own goblins just like Big Malcolm, we dont want a repeat of that scenario.

I don't want to hear any more from the Glazer goblins though, and Jim would be advised not to do any cringey holding hands pictures with them.
 
Im disappointed that the strong 92F bid is apparently off the table and find it very weird that some United fans are happy that the group who wanted to clear our debts, sort out the stadium and get rid of the Glazers are gone.

Now it seems we are left with Sir Jim's minority investment deal. Obviously it's difficult to get excited about this but there are at least some positive noises coming out regarding structural changes and potential stadium renovation. It's all just PR bluster at the moment but better than nothing I suppose.

Until we see some real details it's difficult to judge and I wouldn't hold my breath on this deal getting done anytime soon either.

Why don't you just go away then. Being confused about people having moralistic tendencies just makes people think you aren't the nicest, for your information.
 
Why don't you just go away then. Being confused about people having moralistic tendencies just makes people think you aren't the nicest, for your information.
Chill out. It’s a forum with different opinions. It’s fair to see his confusion and you could debate it. Without just saying go away.
 
Ineos planning to invest in the stadium and traing facilities makes zero sense when you plan on owning all of the club in the future. Why invest making the assets go up.in value when you plan on buying the last 3/4? This stinks to high heaven

It would have to be by way of loans which could then be cleared as part of the consideration in any deal for the remaining shares.

Of course if the remaining shares are never sold it’s just more debt owed to a different lender.

If this happens, main positive would be:

1. Good/generous lending terms for the club;
2. Conditional lending (I.e. money has to be used to renovate the stadium).

There’s some logic, but it’s all probably b*llo*ks anyway.
 
Im disappointed that the QATARI STATE bid is apparently off the table and find it very weird that some United fans are happy that the group who wanted to clear our debts, sort out the stadium and get rid of the Glazers are gone.

Now it seems we are left with Sir Jim's minority investment deal. Obviously it's difficult to get excited about this but there are at least some positive noises coming out regarding structural changes and potential stadium renovation. It's all just PR bluster at the moment but better than nothing I suppose.

Until we see some real details it's difficult to judge and I wouldn't hold my breath on this deal getting done anytime soon either.

Fixed that for you bud.
 
No one serious about being the next custodian of United would offer so much of other peoples money to allow the Glazers to maintain control.

He won't do that. Not even short term. If part of this deal is that he - with immediate effect - takes control over the "football side" or the "football operation" or however it's phrased, he obviously won't take any orders from the Glazers.

They won't "maintain control" - and they have zero interest in doing so. If they could clone Fergie, they would salivate at the prospect of leaving all "control" of the actual football club to him.

To be clear: The idea that Ratcliffe is buying shares in order to make a measly profit is ridiculous. He would be spending his money elsewhere. He wants control of Manchester United, the football club - of course he does, what else could he possibly want?

He wants to become known as the man who made United great again (or something close to that). Again: what else could he possibly want? Dividends? That's laughable.

Does this mean he'll be a grand owner? No, of course not.

But the idea that he's after money with this is - again - laughable. He could invest a billion and a half in random companies (toothpicks for left handed people, edible diapers, AI generated greeting cards) and it would in all likelihood make him richer than spending that much money on buying Glazer shares.
 
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If it took a year to get to this point I can see it taking 3 to make headway in dividing every power between INEOS and the Glazers. There's a minimum level of influence the Glazers will want on the football side if they are staying because they are expecting our value to go up. These guys are greedy and will probably piss off INEOS at some point in the negotiations when they start to realise they just want a sugardaddy to insulate their shitty decisions.
 
get slated for this, it as fans we have ourselves to blame, by continuing to go to games and buying merchandise we have fed the Glazers. Of course they were going to carry on without a single care as to what the fans think. As far as they are concerned it’s just noise as each week there will s a full house and people still buying the brand name. They are like a virus in the host body, feeding, starve the host and the virus dies. Until the fans actually make a stand and make sure OT is empty with a united (pardon the pun) front with all groups linking together even just for this as we all love the club……..then they will continue to suck the blood dry as leeches do. This won’t happen, the same people that complain will still purchase the ticket or go the game (even if a ticket is already purchased, the damage that cameras capturing empty stadium will cause would be far greater than riots or any violence) and purchase their merchandise in the club shop) the Glazers know this and don’t care what noise is created because they can weather that.
 
This whole thing just makes me want to walk away TBH, to be given the prospect of Glazer's out and real improvements incoming, to this sorry state of affairs, in 38 years of following Utd I have never felt more disenchanted with football and more like having a break from it! take a year or 2 out and see if the fire kindles, I know I won't but TBH right now it is more of an addiction than enjoyment
 
You just don't get it yet do you. United are finished. What you are 'hoping' for won't happen with a 25% minority stake.
This hasn't been a sale, it's been nothing more than a few shares being bought. This stuff happens at companies day-in and day-out. Ratcliffe won't be pumping billions into the club to get it to where it should be as a minority shareholder.

Supporters like you are going to be very, very disappointed over the next ten years when the penny finally drops we're a mid-table team, once and for all.

Young kids don't give a sh*t about history or the Busby Babes, or Munich. Those days are long gone. They are only interested in who's winning, who's at the top and United won't be at the top anymore.
I live near the Essex/London border and I can tell you that once you get past the Spurs, Arsenal and West Ham kits you see on kids, the next ones are City's and Real Madrid. You barely see United shirts anymore and that wasn't the case 10 years ago.

Ratcliffe is too old to get United back to where it needs/should be. Its already too late. There are several clubs ahead of us that have forged on years ago and we aren't catching them up in the next ten years with Ratcliffes minority stake and the Glazers still pulling the strings.

Welcome to your reality check.
You're fun.

I don't know where I said I expected any of those things to happen. I'm glad we aren't being soaked in oil money and hope the Glazers feck off ASAP.

I'd rather support my club in mid table than watch us win champions leagues as a play thing of some Sheik.

That's my opinion. You're welcome to yours.
 
Chill out. It’s a forum with different opinions. It’s fair to see his confusion and you could debate it. Without just saying go away.

I would be able to in good faith. I can extrapolate enough from this poster to know that it's impossible for that to be reciprocated
 
You're fun.

I don't know where I said I expected any of those things to happen. I'm glad we aren't being soaked in oil money and hope the Glazers feck off ASAP.

I'd rather support my club in mid table than watch us win champions leagues as a play thing of some Sheik.

That's my opinion. You're welcome to yours.

I'm the same. Especially when you consider that for most fans over the age of 20, they have seen more success for their team than 99% of sports organizations.
 
Brailsford going to have a key role. Still mates rates. What’s worse is he failed at Nice.
Of course he's going to be involved. He's head director of INEOS Sports. Jean-Claude Blanc and Rob Nevin are also expected to have important roles.
 
--> Staff will be cut
--> Murtough and Arnold might be dead men walking
--> Board will be restructured to give the INEOS members control to for sporting autonomy
--> Paul Mitchell looks likely - Michael Edwards admired but unclear if he's open for a PL return.
--> Jean-Claude Blanc could be the CEO

From The Athletic:

" Ratcliffe wants control of sporting decisions immediately and is proposing a new structure where INEOS representatives have seats on the board, thus granting definitive influence on such matters. But the exact nature of this arrangement still needs to be worked out. Ratcliffe is not concerned with having oversight on United’s commercial arm straightaway, but he has been negotiating the mechanism for eventually buying the majority of shares and completing a full takeover.



It is anticipated that Ratcliffe would wish to make his own appointments on the football side and plans have been discussed.

Paul Mitchell, who has left his role as Monaco’s sporting director and moved back home to Manchester, is thought to be under consideration. Mitchell established his reputation for recruitment work at Southampton, Tottenham Hotspur and RB Leipzig and has a good relationship with senior INEOS figures. Monaco were top of Ligue 1 when he left after what was regarded as a successful transfer window and the building of a new management setup.

Michael Edwards and Julian Ward, who enjoyed success in helping build Liverpool’s squad under Jurgen Klopp, have been discussed, but it is unclear if either is open to a Premier League return imminently. United held talks with Dan Ashworth before he took up the position as Newcastle United’s sporting director and any approach would now cost significant money in compensation. There is speculation about what any restructuring would mean for football director John Murtough, with Ratcliffe tending to want his own people in positions of power.


Sir Dave Brailsford, the former head of British Cycling and INEOS Grenadiers before becoming Ratcliffe’s director of sport in late 2021, would be expected to head up the sporting operation at United.

The position of Richard Arnold as United’s chief executive would come into doubt should Ratcliffe succeed. Jean-Claude Blanc, the former Paris Saint-Germain chief executive who joined INEOS in February, is a potential candidate to step in. Ratcliffe, who toured Old Trafford and the training ground at Carrington in March, is said to feel that United’s operation can be more streamlined given the club employs more than 1,000 staff members. "

If this is all true, then it bodes well for the club.
 
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