I hope you are right. If and when Ratcliffe gets to 50.1% ownership I will be much more relaxed and positive.
Club Sale | It’s done!
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I hope you are right. If and when Ratcliffe gets to 50.1% ownership I will be much more relaxed and positive.
His plan seems/seemed centred around turning the fans against the Glazers instead of getting the Glazers to come around. There were two Glazer hold outs, he could have used the exact amount of money he offered to get to the other Glazers and shareholders on the NYSE, agree something on the weighting of the Class B shares held by Avram and Joel and still got control with a view to a full takeover down the line.
Guess he never really had the money because if the Saudis can co-own Newcastle United with a few placeholders the Qatari could surely do. Just buy 80% of the club, negotiate something with J and A on how the club would be run and move in. That there weren't willing to be flexible and cared too much about how they were perceived to be not overpaying shows they weren't serious at all.
So it's credit to Jim for having the patience, flexibility and cooperative spirit to stay at the table with the Glazers and thrash something out. J and A have been absentee landlords who have allowed their executives to blow away a billion of their money on utter rubbish, they surely would have allowed Jassim the free hand to do what he wanted with his own money just as long as their shareholding grew which it would naturally as a result of who we are and the investments pledged by the NTF.
Jimmy won't like this!
It’s credit to Ratcliffe for throwing the Glazers a lifeline when they were on their fecking knees and prolonging their stay leeching off Utd…?
FFS Utd fans are through the looking glass with this.
If he’s bringing in Blanc and Mitchell then it’s a massive step in the right direction, especially Mitchell. Who in terms of recruitment is a massive upgrade on Murtough
Blanc got a really interesting profile as well. Very exciting weeks to come.
If these do come in Murtaugh and Co need to be fired, not just shuffled into other roles. We need a clean break from the past
If I read Ratcliffe and his approach towards this deal correctly, he's essentially dangling his tarted up bollocks in front of the Glazers' faces, saying "If you want this delicious treat, you gotta shake a little for daddy too."
Essentially, his offer of significant cash for shares plus further investment towards infrastructure is so much better than anything else the Glazers have on the table, they'll fall head over heals into also accepting the plethora of clauses and stipulations he'll tack onto the offer.
Essentially, his offer of significant cash for shares plus further investment towards infrastructure is so much better than anything else the Glazers have on the table, they'll fall head over heals into also accepting the plethora of clauses and stipulations he'll tack onto the offer.
He read the situation and decided to be flexible to get a deal across the line. What I am praising him for is the willingness to be flexible and also play the long game. Jassim could have done the same - prolong their stay whilst taking control but he chose to widen the wedge between the Glazers and the fans which set him in negative light from the get go.
Wouldn't actually be shocked if talks around the division of power (around the football side) turns out even longer than the money talk. Unless it turns out the glazers are ready to give up effective control I'm seeing breakdowns and deadlocked negotiations before getting to a final resolution. Giving up too much power plummets the value of their ownership for a future full sale.
It feels they really did think JR or other bidders would give them all that money only for the prestige of owning a couple shares. So maybe they also think someone will also give them 10 billion for a share with little to no actual control. Hopefully there are details we just don't know about, because without it this whole arrangement feels baffling.
It feels they really did think JR or other bidders would give them all that money only for the prestige of owning a couple shares. So maybe they also think someone will also give them 10 billion for a share with little to no actual control. Hopefully there are details we just don't know about, because without it this whole arrangement feels baffling.
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New SJ bid?
Ignore.
Has anyone said that its a given than Ratcliffe and INEOS will succeed?
Does $300m of initial infrastructure investment and the plan to create a modern footballing structure with competent and experienced football people in charge seem more appealing than zero investment from The Glazers and making a football administrator your DoF?
I know you're on a wind up, but winning more cups than most other clubs, doesn't make The Glazers good owners.
£1bil net spend in 10 years with only an FA Cup, a League Cup and a Europa League to show for it. That fact alone shows they are just about the worst owners in football.
As we know, they want to cash out, either totally or partially. The man that is facilitating that wants sporting control. Quite honestly, i don't think they care as long as they get paid out.
As i said above, with a billy spent and little to show for it, maybe the penny has dropped that The Glazers don't know what their are doing. Perhaps they see others are succession with far less money spent.
They could of, but decided to hire Murtough. Says it all about their football knowledge.
Blanc is the really intriuging appointment given he's the one who helped sort Juve out after the Calciopoli scandal
Everything is on the table in terms of outcomes until the process officially ends. There's games and meta games going on and the inexperience of the British sports media covering deals this magnitude is showing.
- There was a reason for "Strategic Alternatives" and it's far from clear how this minority offer serves an outcome that satisfies all parties and a year-long process.
- Darcie, Edward, Kevin and Bryan all want a full sale and preferably yesterday.
- Nine Two Foundation briefed Fabrizio Romano of all people to tell the sports world he's pissed off with the Glazers and walking away and the unofficial line from the camp is that they're out. Wall Street doesn't seem convinced in the absence of an official press release considering our share price.
I believe the Romano story was a deliberate acquisition strategy to force the Glazers to entertain this ridiculous minority offer from Ratcliffe knowing that the Glazers ultimately want a full sale (at least four of them do). I think Jassim is calling their bluff so that they see the reality of not having a full buyout on the table thus re-focusing the minds of the Glazers and re-balancing the nature of negotiations forcing the Glazers to pick up the phone to bring Jassim's camp back to the table.
I don't see how Jassim's consortium could bring this process to a conclusion any other way. If they offered more money there wasn't a guarantee the Glazers would accept due to them always wanting more. With the current strategy it forces the Glazers to initiate contact to make a deal. This is far from over, I feel.
- There was a reason for "Strategic Alternatives" and it's far from clear how this minority offer serves an outcome that satisfies all parties and a year-long process.
- Darcie, Edward, Kevin and Bryan all want a full sale and preferably yesterday.
- Nine Two Foundation briefed Fabrizio Romano of all people to tell the sports world he's pissed off with the Glazers and walking away and the unofficial line from the camp is that they're out. Wall Street doesn't seem convinced in the absence of an official press release considering our share price.
I believe the Romano story was a deliberate acquisition strategy to force the Glazers to entertain this ridiculous minority offer from Ratcliffe knowing that the Glazers ultimately want a full sale (at least four of them do). I think Jassim is calling their bluff so that they see the reality of not having a full buyout on the table thus re-focusing the minds of the Glazers and re-balancing the nature of negotiations forcing the Glazers to pick up the phone to bring Jassim's camp back to the table.
I don't see how Jassim's consortium could bring this process to a conclusion any other way. If they offered more money there wasn't a guarantee the Glazers would accept due to them always wanting more. With the current strategy it forces the Glazers to initiate contact to make a deal. This is far from over, I feel.
This was my thinking 3-4 weeks ago. By jassim backing out, it was to force glazers hands to make a decision.
But after Mark Kleinman said, it's Ratcliffe bid which will be confirmed in 2 weeks time I think it's time we accept the reality, even if he didn't speak about Jassim walking away.
"The deal is expected to be announced within a fortnight, although negotiations between Sir Jim's team and the Glazers are ongoing, meaning that the timetable for an announcement remains subject to change."
His exact words.
Its over for Qatar. Some may say it never even started.
The "hanger-on" types are not going to concede probably until months after the deal with Jimbo is officially announced.
Same
this story actually makes. Even if you are wrong i see logic in it
90+10 S.Jassim
This feels like a fanfic where we sign Messi, Ronaldo and Neymar in their prime.
I think the deal is done and Qatar are out. If not, it'll make that Barca win versus PSG looked like a boring run-of-the-mill outcome.
Nah, it’s down to the Glazer’s and Sir Jimmy Brexit now. Not sure what’s in it for Sir Jimmy or the club, but that’s where we are now. Glazer’s have had 12 months to find somebody, anybody, to meet their ridiculous valuation. As in most things - they’ve failed.
Lotta Facebooking the ex going on here.
I saw Sheikh Jassim in Town yesterday. What could that mean?
That your mushrooms guy is back in business?
He exists?
I saw Sheikh Jassim with a copy of gta 6 at Tesco yesterday.
He said "nobody will believe you" then he put on shades and moonwalked out.
He said "nobody will believe you" then he put on shades and moonwalked out.
Was he wearing his United shirt or does he play 5-a-side on another night?
You're on holiday in Doha?
He had his white robey thing on but he did have on a pair of light up trainers
Always knew he was bad.
Sir Jim and Joel in the metaverse
He says "I am the one" but his bid has come undone.
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