Club Sale | It’s done!

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Mickeza said:
I’d prefer Edwards tbh…
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Didn't Edwards leave the scousers because he wanted to play consultant to multiple clubs and not be stuck in one place?

I know we pay well but if he genuinely thinks he can be a consultant at the highest level, surely he won't take this job which is just a lot of downside and little upside.
 
Baxquux said:
In before Adnan arrives to comprehensively explain why PM's a spoofer. TBH I'm reserving judgement either way...
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Everywhere he's gone the teams have produced quality players when he was there. Southampton and Spurs especially... and they've not replicated it since. Leipzig will produce talent always, but Monaco was in a slump before him and now have produced since he's come in. It's safe to say his track record is spot on so far. More exciting to me is Jean Claude Blanc. I have to say, I did want the Qataris - but the things I am hearing from Jim are very encouraging.
 
3KDré said:


If true, excellent news. I like what I am hearing with him and Jean Claude Blanc.
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Years behind the curve as usual. In 2018 it might have been an inspired appointment in 2023 he’s coming off the back of a terrible spell at Monaco. Crap
 
stevoc said:
I was under the impression FFP dictated what we can spend.
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Clubs are permitted to spend up to €5 million more than they earn per assessment period (three years). However it can exceed that level to a limit if it is covered by a direct contribution from the club's owner.
 
Castia said:
Years behind the curve as usual. In 2018 it might have been an inspired appointment in 2023 he’s coming off the back of a terrible spell at Monaco. Crap
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Terrible?
What was terrible about it?
 
Hal9000 said:
Clubs are permitted to spend up to €5 million more than they earn per assessment period (three years). However it can exceed that level to a limit if it is covered by a direct contribution from the club's owner.
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Ok but by how much can they exceed it?

And over what period do the books then have to be balanced again?
 
Baxquux said:
I think Edwards understandably holds himself in too high regard to get involved with a club where the Glazer goblins retain some level of footballing-related decision-making power, as looks likely whatever the final terms of the deal here.
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No DOF worth his weight in gold will want to partake in this toxic scenario with dual-ownership.
 
sglowrider said:
No DOF worth his weight in gold will want to partake in this toxic scenario with dual-ownership.
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Never understood this attitude to be honest, and it strikes as the kind of person you definitely don’t want around anyway. It’s easy to want to work for a club that’s winning absolutely everything and your presence and role doesn’t even have an impact on the running of things but you’ll get all the praise anyway.

Anyone with any form of drive, ambition or confidence in their job will see the chance to return United to the top of the tree and work for one of the biggest clubs in the world. It’s a dream for most people who actually want to achieve something in life instead of being a passenger.
 
Castia said:
Years behind the curve as usual. In 2018 it might have been an inspired appointment in 2023 he’s coming off the back of a terrible spell at Monaco. Crap
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What? There are a myriad of factors as to why it may not have worked out at Monaco his track record otherwise speaks for itself.

At least he knows the industry unlike the sorry lot we have at the moment.
 
RedDevilUnited369 said:
Why am I seeing tweets that Ratty wants to get rid of ETH for Graham Potter??
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You aren’t. You’re seeing aggregator accounts report that Dave Brailsford likes Graham Potter and would consider him if Ten Hag didn’t work out.
 
crossy1686 said:
Never understood this attitude to be honest, and it strikes as the kind of person you definitely don’t want around anyway. It’s easy to want to work for a club that’s winning absolutely everything and your presence and role doesn’t even have an impact on the running of things but you’ll get all the praise anyway.

Anyone with any form of drive, ambition or confidence in their job will see the chance to return United to the top of the tree and work for one of the biggest clubs in the world. It’s a dream for most people who actually want to achieve something in life instead of being a passenger.
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It's a situation that is set up for failure and not having blinkers going in. The decision-making process will be laborious if not ambiguous.

Surely you have been in situations where you were offered roles that you think are sub-optimal?

You will have all the responsibility without the authority in this case.
 
mitchmouse said:
depends if we pay off some of the debt, doesn't it?
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Well I'm not sure how quickly doing that would affect how much we could spend in January.

But more importantly, do you expect Ineos/Jim or the Glazers to pay off any of the debt before January?
 
stevoc said:
Well I'm not sure how quickly doing that would affect how much we could spend in January.

But more importantly, do you expect Ineos/Jim or the Glazers to pay off any of the debt before January?
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They might have to pay £30m into the club just for FFP reasons whether they want to or not ?
 

I know his bid had bigger problems but I can’t help but feel happy we don’t have this absolute fanny owning our football club. Cast iron certainty he’d have gotten in a ruck with Mark Hughes about handshakes within a fortnight of arriving.
 
Brophs said:

I know his bid had bigger problems but I can’t help but feel happy we don’t have this absolute fanny owning our football club. Cast iron certainty he’d have gotten in a ruck with Mark Hughes about handshakes within a fortnight of arriving.
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I watched an interview with David Ornstein and he insinuated that the Glazers deviated very quickly from the full option when "exploring strategic review". Some posters on here have also drawn to the same conclusion. I think I now agree with that as well. As soon as it was apparent that there were not going to be multiple offers for a full sale, that option was gone.

I think they did manipulate the circumstances and increase the shares.
 
Brophs said:

I know his bid had bigger problems but I can’t help but feel happy we don’t have this absolute fanny owning our football club. Cast iron certainty he’d have gotten in a ruck with Mark Hughes about handshakes within a fortnight of arriving.
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“Striking back” with a strongly worded letter? That should get through to the Glazers.
 
Woziak said:
They might have to pay £30m into the club just for FFP reasons whether they want to or not ?
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They might well do mate I wouldn't know for sure, but even if they did I don't imagine £30m would make too much of a difference given the prices of players these days. The rumours are Ten Hag much like last January won't have much to spend so we'd be shopping around in the loan market again.
 
Yorke to Cole said:
I watched an interview with David Ornstein and he insinuated that the Glazers deviated very quickly from the full option when "exploring strategic review". Some posters on here have also drawn to the same conclusion. I think I now agree with that as well. As soon as it was apparent that there were not going to be multiple offers for a full sale, that option was gone.

I think they did manipulate the circumstances and increase the shares.
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I think it's worth pointing out that Doha News are just aggregating a story as reported by some Twitter account called "Sports Zone."

With that in mind, I still agree entirely. It seems highly likely that at least one (likely two or more) of the Glazer trust fund babies would only agree to a full sale at a stupid, unattainable price (maybe the £10B reports were actually correct after all), so in effect, I think in hindsight, a full sale now was always a pipe dream.
 
Have the Glazers sold any shares in the past year? Manipulating share price accusations are going to be very hard to prove.
 
3KDré said:
Everywhere he's gone the teams have produced quality players when he was there. Southampton and Spurs especially... and they've not replicated it since. Leipzig will produce talent always, but Monaco was in a slump before him and now have produced since he's come in. It's safe to say his track record is spot on so far. More exciting to me is Jean Claude Blanc. I have to say, I did want the Qataris - but the things I am hearing from Jim are very encouraging.
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He wasn't the sporting director at Southampton, it was Les Reed, he wasn't Spurs DOF but head of recruitment and their recruitment was subpar, he wasn't a DOF for Leipzig either. His first job as a Director of Football was for Monaco before that he was essentially in charge of scouting, the analysts or development.

For Monaco his work can only be described as directionless. He has generally done a good job at a level below the main football decision makers but it's a mystery if he can do the job of the main man.
 
Adisa said:
Have the Glazers sold any shares in the past year? Manipulating share price accusations are going to be very hard to prove.
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Regardless of that, there are going to be serious questions asked by the Class A shareholders at the end of this review.

Barring an unforeseen outcome resulting in the full acquisition of those Class A shares, it will be interesting to see how the Glazers and the Board justify how rejecting an offer of reportedly around $33/share is in the interest of the shareholders. Some sources have suggesting after the withdrawal that Jassim's bid tried to give a lower valuation to the Class A shares. Perhaps there were some other issues that would have affected its viability that we don't know about.
 
putzmcgee123 said:
Regardless of that, there are going to be serious questions asked by the Class A shareholders at the end of this review.

Barring an unforeseen outcome resulting in the full acquisition of those Class A shares, it will be interesting to see how the Glazers and the Board justify how rejecting an offer of reportedly around $33/share is in the interest of the shareholders. Some sources have suggesting after the withdrawal that Jassim's bid tried to give a lower valuation to the Class A shares. Perhaps there were some other issues that would have affected its viability that we don't know about.
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I believe any devaluing of the quatar bid afterwards is to make people forget the loss of what could have been, and accept the reality of the owners staying
 
stevoc said:
Well I'm not sure how quickly doing that would affect how much we could spend in January.

But more importantly, do you expect Ineos/Jim or the Glazers to pay off any of the debt before January?
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maybe the gap between the debt and income will be better with the investment... but this is why I'm not an accountant (along with a lot of other reasons)
 
Castia said:
Years behind the curve as usual. In 2018 it might have been an inspired appointment in 2023 he’s coming off the back of a terrible spell at Monaco. Crap
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You most certainly have no idea whether Mitchell would be a success at United or how well he did at previous clubs.
 
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