So who sets the budget for the ‘footballing side’?
Club Sale | It’s done!
- Thread starter JB08
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Good point. got a helluva national team usually
Nope.
Well, the 25% stake gives them breathing room because the issue is when two clubs are controlled by the same guy and in this case, Ratcliffe is not formally in control.
I keep seeing Paul Mitchell getting mentioned isn’t he yesterday’s news? he’s spent 3 years at Monaco before leaving and I don’t think they’ve done anything of note at all.
Is it typical United 5 years behind the curve again? plenty of teams seem to have surpassed what he’s done at Monaco for the last 3 seasons.
Is it typical United 5 years behind the curve again? plenty of teams seem to have surpassed what he’s done at Monaco for the last 3 seasons.
Anything that resembles a full takeover will have the class A shareholders enter into a legal war with the Glazers as they won’t have accepted the bid that was best for all, hence why Ineos are buying a minority.
The documentation will have to be very careful because anything that leads to a guaranteed staggered takeover across X amount of years could probably be challenged. Ineos will probably have a option to buy further shares.
Its all about the manager. We were winning titles with Ferguson and he was under glazer ownership.
You could have all the money in the world, but if the manager isnt elite like pep and klopp currently are, then you will win feck all. You might get lucky one season but you wont build a dynasty, which is what pep is doing and what ferguson did and what liverpool did in the 70s/80s.
The manager has to be world class. A lion leading sheep is much better than a sheep leading a pack of lions.
The glazers have done nothing for this club apart from ride on the back of Fergie. They’ve been completely and utterly inept and it’s shown ever since he retired.
This club has been deteriorating for years both on the pitch and off. The absolute worst scenario is another idiot coming in and propping up the Glazers’ clueless regime for another few years, carrying on with their dividends while they do so.
This club won’t stop rotting until they’ve 100% fecked off.
I do agree but the game has changed so much in the last 10 years. I mean the bottom clubs in the PL are spending 100m quid in a transfer window it’s fecking ridiculous. You need money in this league to compete and it’s only getting worse, I feel Newcastle are only getting started and I’m expecting Qatar to invest in the near future
Aren’t Ineos buying A and B shares because if the Glazers sold 25%, Ineos could just buy all the Class A shares and hold over 58% of the club. I don’t know if that really matters if the Glazers still held all the voting power still.
I really don't think that the Glazers are turning down Qatar's cash to make a moral stance. Its as simple as they just think that they will get even more cash eventually by going this way. Politically Qatar are experts at 'hedging' international relations. They play all sides and i think the theory of Hamas being any influence on this process is fairytale stuff.
Another Sheik "insert name" will emerge soon to move for Spurs and i don't think Levy and Joe will even think of the Israel/Hamas issue when the dollars are on the table.
As soon as he left they improved
I pretty much doubt he’s our number 1 target. He couldn’t even get a job at Rangers.
Unfortunately they propped up their bid with the Old Trafford revamp, surrounding area and training ground.
glazers see us as an asset. Like selling their summer house. Who gives a bollocks about the new buyer wanting to put in a swimming pool, redoing the roof etc. all Glazers care about is the sale value that lands in their pocket. They have no connection to United, no remorse about the shit they have us in - they simply are going to go to the biggest bidder and Qatar fell short.
the fact remains Qatar underbid by at least a billion (5billion offered and 6billion widely reported to be the magic number) and are now throwing their toys out of the pram and making it sound like only 8-10billion offer would have done
It is what it is now. But Glazers need to be dethroned and moved on. Ineos now need to be very clear with their intentions, plans, full roadmap disclosure. I won’t write them off yet but it’s going to be a much longer road with the structure involved, so we need milestones declared and those milestones met at every single point.
time for the Glazers control to be fecked out.
You can‘t agree a price with the Glazers. What makes you think they will agree a price with Levy. You think them guys are just going to give up a brand new stadium. As soon as Jim gets his stake our price rises immediately. Levy will want the same money the Glazers asked for.
Unless they are buying the A shares off the Glazers I don't get this tbh. Ratcliffe could just buy them off the open market for a far lower price if he was buying A shares from non Glazer holders.
He could of course do that after the initial 25% stake as well but there would likely be a premium so it doesn't really add up.
There have been no reports of Ratcliffe having any contact with any of the major A class shareholders either. In fact, I recall there were some reports that those shareholders were unhappy as Ratcliffe was basically ignoring them completely.
I'd be surprised if the full 25% cut didn't come from the Glazers holdings.
Good discussion
Could Ratcliffe sell Nice once he owns his share in United?
Surely it would raise some extra money for INEOS and United would be his main focus in football...
Surely it would raise some extra money for INEOS and United would be his main focus in football...
Sounds Nice
Plenty curious to know how this football operations crap is going to work out? There's isn't a neat and tidy separation between financial and football operations. Sacking and hiring people involves money. So does signing and selling players. Amongst other things. And the one holding the purse is Joel, not Ratcliffe. Anything Ratcliffe wants to do, he will need to ask Joel for permission first. Because Joel is the owner. Or rather Ratcliffe's man will need to seek Joel's man, who in turn needs to ask Joel himself.
Even the Chinese government would blush. A mess in the making, but hardly anything new for this circus. Incidentally, didn't Paul Mitchell, the one being touted for the DoF position, leave Spurs because he couldn't deal with Levy?
And I have to say I'm having a pretty hard time seeing Joel and Avram selling a minority stake to someone and then just allowing them to run their club.
The entire thing is just a bunch of nonsense, in my opinion. On par for the course, though.
Even the Chinese government would blush. A mess in the making, but hardly anything new for this circus. Incidentally, didn't Paul Mitchell, the one being touted for the DoF position, leave Spurs because he couldn't deal with Levy?
And I have to say I'm having a pretty hard time seeing Joel and Avram selling a minority stake to someone and then just allowing them to run their club.
The entire thing is just a bunch of nonsense, in my opinion. On par for the course, though.
Manager AND the DoF. People hugely underestimate DoF's role. Pep and Klopp don't buy/choose players in City and Liverpool. Dofs do that (with their insight of course).
We have very good manager but he needs top class DoF.
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Personal wealth includes assets. In fact it’s mostly assets for most people.
When you read article about Bill Gates, Elon Musk, or Mark Zuckerberg etc losing or making £1b in 1 week it simply refers to the share price going up or down.
It doesn’t meant their liquid cash in their bank accounts went up or down by that much.
For sure. The new athletic podcast on Jim's proposed involvement is quite a good listen. Suggests that they're not at all happy with the performance of our higher ups and perhaps people like Mitchell or Edwards will be looked at to take over Murtough, which for me is the biggest point of failure at the club currently (among many of course).
I'm feeling cautiously optimistic to be honest, if this investment does truly mean Ineos take control over football operations.
Fair enough, it's all opinions at the end of the day. I can see why many would agree with you.
The debt will be there problem either way if they do get majority ownership
Man Utd Sawhney is a great name for one of our directors. Nominative determinism in action.
Ahh good ol Man Utd Sawhney, born to be a United director. Thought we cut ties with this guy
https://www.telegraph.co.uk/footbal...-director-branded-narcissistic-bully-sacking/
Adam Cleary from 4-4-2 seems to have put it all into context.
I'm not sure if if it will allay fans fears or increases them but it's a pretty good explanation.
I'm not allowed to post media links, so search YT for 442 Man Utd and it should appear
I'm not sure if if it will allay fans fears or increases them but it's a pretty good explanation.
I'm not allowed to post media links, so search YT for 442 Man Utd and it should appear
I concur.
Sheikh Jassim badly misplayed his hand when he talked of setting cash aside to invest in the stadium, in clearing debts and in the training facilities.
As if the Glazers give one hoot about what the buyer does with the club. They couldn't care if they disbanded the team and turned OT into a multi-storey carpark!
All that Sheikh Jassim did was tell the Glazers he had the capacity to bid higher, and they exploited that ruthlessly.
As if the Glazers give one hoot about what the buyer does with the club. They couldn't care if they disbanded the team and turned OT into a multi-storey carpark!
All that Sheikh Jassim did was tell the Glazers he had the capacity to bid higher, and they exploited that ruthlessly.
An interesting thing to note is Ineos as an individual entity will (I think) be the biggest single shareholder now.
Obviously the six Glazers together have more but in terms of each individual Ineos will have the majority.
Obviously the six Glazers together have more but in terms of each individual Ineos will have the majority.
Come on man. . .
so irrelevant that ESPN doesn't even bother spelling his name correctly
Yeah in hindsight (and maybe at the time) his entire approach semed a bit too naive.
The Glaziers are a hive mind.
I do remember quite a few posts questioning the negotiation skills re. his open desire to spend 1.5bn on top of giving his final offer.
However the school of thought was he'd just pay whatever because reputationally he'd look like a lemon if he beat his chest and stil lost.
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