Not sure about that since I don't know how much free cash INEOS have and whether Ratcliffe's mates would be happy to waste capital on his pet project in a time where their margins are squeezed.
Club Sale | It’s done!
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Was there any Glazer- or sale-related discontent at the game tonight by any chance?
Absolute disgrace that he's now using his own money rather than getting a loan against the club. Full sale on credit only!!!
Sarcasm aside I do admire the ability of some of you to move immediately to the next line of attack. It's also good to see some of the hardliners being a little more open-minded as more details come to light.
Sarcasm aside I do admire the ability of some of you to move immediately to the next line of attack. It's also good to see some of the hardliners being a little more open-minded as more details come to light.
I mentioned the other day that one of the reasons the Glazer may be reluctant to sell in full is the security a football club like United provides. It's basically guaranteed to grow in value while everything else struggles in the current global economy.
So while I didn't expect Ratcliffe to use his personal wealth, maybe he sees it as one of those rare instances where it's actually better than using debt.
The usual 'We Want Glazers Out' chants but nothing specific
Most matchgoers i speak to are disappointed that the Jassim full sale option is off the table but still think the Jim 25% option is better than nothing
I just dont see how he can afford to buy United. INEOS maybe just but Ratcliffe alone?
Jassim maybe right in just walking away.
Why would that happen ? Who even suggested that none sense ? Of course they won't.
We needed another full sale option
It doesn't matter because it's pretty clear by now that the Glazers (or some of them at least) never intended a full sale
Clearly Sheikh Jassim now realises this and feels they were just stringing him along to increase the value of the club
If they are prepared to take a minority investment then it definitely doesn’t mean that Ineos is a shoe in.
Could be any number of investment institutions that want to invest in the club and we could just as likely end up with several small investors who have no say in anything that goes on.
The only certainty is that some external investment is coming in to the benefit of the Glazers.
Funny, because many posters were insisting they were stringing Ratcliffe along to bump up Jassim's bid.
Whether there are 3 or 100 shareholders and/or stakeholders doesnt change that only a one man business allows him to wake up and use INEOS' money in some of the ways being suggested, at least without first getting everyone on board. Hence why we are getting statements distinguishing INEOS' finances from personal wealth. People thinking a limited company is going to sugardaddy us have always been in dreamland. Because of the debt and impending stadium expenses the club is more of a great passion project than a great cash investment. The coming maintenance bill is higher than the already massive capital. Without bleeding the club it could take decades to break even.Eh? He’s paying for this share himself.
I’ve lost count of the amount of times this has been pointed out to people.
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They probably agreed 9 billion takeover for Liverpool.
Mbappe, Bellingham and Musiala wont sign themselves
Surely not mate!
Lending further credence to the claim this was never a state bid.
The deal with Ratcliffe was a ruse and it was always going to be Jassim. *inhales copium*
Was a joke mate, but yeah, let’s pray to god not!! But knowing our luck…..
Also refutes the claims about not having proof of funds.
Interesting development but seems like it’s for Shiek Jassims father not him.
The article is referring to HBJ (former PM and father of the Sheikh Jassim who bid for Man Utd).
Exactly. Nothing to do with football.
Sorry if this has been discussed, but listened to the United Muppeteers on YouTube. The guy was saying Ineos Sports, inc Ratcliffe have met with Joel Glazers. Any truth in this? I dont see any reports.
Ive looked him up and his Wikipedia page dosnt have Shiekh Jassim listed as one of his children
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plot twist, Sir Jimmy and Jassim's dad join forces !!
@Berbaclass shared the video yesterday. I don't think it garnered much discussion.
The guy in the video made it sound like he had exclusive information on this one. For me, Jassim's withdrawal gave me all the indication needed to infer that INEOS were finalizing a deal. All signs suggest it is agreed in principle and just a matter of finalizing and going through the regulatory and legal requirements. This report adds fuel to that fire. If they are indeed having those kinds of meetings, it presumes a deal is agreed on already imo.
I agree, it looks like they may just be ironing out the final details.
Is this Mupeteers guy in the know? Had not heard of the channel before a couple of weeks ago.
They will have made it up. They make up news based on an amalgamation of existing reports from reputable sources, with some plausible supposition thrown in.
It's not that difficult to do, really. For example, my sources are telling me that Ratcliffe has met with Joel and Avram on two occasions in the past fortnight. The 25% deal is agreed in principle, but discussions are ongoing about put and call options. Ratcliffe would ideally like a legally binding mechanism in place to enable him to take full control of the club in future, but Avram and Joel are reluctant to be tied down to a predetermined price for their shares or timescale for the sale, as they expect the value of the club to increase significantly in the coming years. Ratcliffe might be prepared to cede his demands for a new shareholders agreement with a call option and pre-emption rights if he is granted his other demands - seats on the Board for Ineos and control of football matters at the club (including the ability to appoint/dismiss a director of football of his choosing). Ratcliffe is also prepared to finance the renovation of Old Trafford/Carrington via loans to the club - this has also formed part of the discussions with the Glazers.
All sounds plausible, right? It's bollocks of course, I just made it all up.
Yeah, i agree mate. Unless this guy happens to have a source within Ineos, The Glazer family or at The Raine group, he is talking BS.
I'd imagine it's true.
This is a very interesting development. I think it was always assumed that INEOS would buy the club, not Sir Jim out of his personal funds.
It worries me a little. Does this mean that he is taking personal loans? Is he and his partners paying cash? Do they have the resources to move past 25% ?
Doesn't it do the opposite?
I don't think it does much of anything unless Jassim dramatically re-enters the bidding process with a giant pile of new cash. All it really does is prove that, if Jassim's bid had the support of the powers that be, his withdrawal was not due to being unable to afford to pay more than he offered...but we already figured as much. There is absolutely nothing to suggest this news has anything to do with Jassim's bid.
hbj himself confirmed that it is his son
If Mitchell joins Fletcher is off.
One of the aspects of a possible Qatari takeover of United that was commented on initially, by experts on ME politics, was the possible scenario in which a "rogue" party might buy United without the approval of the Emir.
This was considered highly unlikely for all sorts of reasons.
(If such a rogue party were to successfully buy United, a much more prestigious club - with a much larger world wide fan base - than PSG, this would effectively amount to upstaging the Emir. And he wouldn't like that, would he?)
Muppetiers are a know nothing hack like the rest of them YouTube dickheads
Wiki reckons his personal fortune at just under £30 billion. Could buy it easily without feeling the pinch if true.
Yeah, maybe.
But let's remind ourselves, yet again, that Fletcher isn't running United on the football side.
His role is very minor compared to both Murtough and the manager.
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