The Glazers can only sell and walk away from the part of the club they owned, the rest is on the open market.
Club Sale | It’s done!
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The Glazers can only sell and walk away from the part of the club they owned, the rest is on the open market.
Provisionally they still have to prove themselves. But I have stated throughout summer that a proper structure in place should change the clubs fortunes depending on how diligent the reformed hierarchy are in their positions. It's even more influential than having money to spend in the market so INEOS and Jassim would have been beneficial from a sporting perspective because they are for advocating change in the positions that are superior to the management.
Genuinely bizarre. We don't even know the details of a deal and people have pitchforks out because he is not buying 100% now. Jassim was unwilling or unable to offer a sum to entice the Glazers to sell in full right now. Not sure why Ratcliffe is being blamed for that.
I was strongly in favour of Jassim's bid. It's over though. If Ratcliffe has a defined path to a majority stake in the foreseeable future, I don't see how that can possibly be viewed as a negative. If he is just taking 25% for significant control of football operations and nothing but "hope" to get control later, that's very underwhelming for me. Regardless, the Qatari bid is not even in the picture anymore so truly stunning to see some people still hung up on it as it pertains to whatever kind of deal Ratcliffe and the Glazers agree to.
Why would we know a clear timeline? It hasn’t been announced yet.
SJR has fanboys?
It was reported that Jassim's camp were more open to keeping the current structure in place while INEOS were not and openly questioned Arnold/Murtough at the meeting at OT earlier this year.
No. Apparently, anyone who didn't fancy us having human rights abusing state ownership automatically qualifies as a "Jim Fanboy".
It's all very silly.
Can you quote some of these posts? Don't think I've seen a single post recently as you describe. Agree on the thread title change.
@Castia - I know you're throwing shade at Nice, but they're still undefeated and top of Ligue 1 right now. Whatever the shake ups that occurred in the Summer it seems to have helped elevate them, doubtful they'll mount a proper title challenge, but if they can finish Top 4 then it's a good step up.
Some consider him the saviour but can someone tell me how successful was his last stint or when was the last time he was successful?
Speak for yourself, I have the Sir Jim duvet cover!
I have it on good authority that the Glazer siblings are now all homeless and using the Tampa Bay Buccaneers stadium for shelter. To eat, they have to steal food from the concessions in the stadium. The only clothing they have is the used, dirty player uniforms.This is such a lie
When they started the strategic review of Man United, they were on their hands and knees, begging for anyone to buy all of their shares so that they may have the money needed to live with some semblance of dignity again. Then, out of nowhere, Sheikh Jassim rode in on a white horse in his Man United shirt after a rigorous match of 7-a-side. He told the Glazers he was willing to offer them around $34 per share and buy all of their shares now, leaving them all with hundreds of million dollars each. The concessions had run out of food and the Glazers were forced to either accept or risk starvation.
Just as the Sheikh was dismounting from his white horse to sign the agreement, he was gruesomely shot by an arrow through the eye by none other than Sir James Arthur Ratcliffe and left incapacitated. Sir James gathered the Glazers in a circle around him, and a malevolent grin appeared across his face. He explained to the Glazers that he was willing to offer them more money per share, allow them to keep control of Man United, and make even more money in the future. He proceeded to tell them he was willing to give them a $300M trust fund to be split between them equally, but that he had to lie to the public and tell them it would be invested into Man United.
Tears of joy streamed down the faces of the Glazer siblings. It was like a dream come true. Sir James took the Glazers aboard his private jet (specially designed to emit as much pollution as possible) for a celebration at Monaco's finest gentlemen's club.
Sheikh Jassim, seemingly unbothered by the arrow still lodged in his eye, finally arose. A single tear rolled down his face, out of the still intact eye, not for the physical pain he had endured, but for what could have been. He saddled up his white horse, riding into the sunset, hopeful to emerge from the abyss again one day, for he is the hero Manchester deserves, but not the one it needs right now.
He definitely did 13 months ago when he was the face of the protests.
This would be transformative for the club.
Positive news which hopefully will go someway to lifting the gloom that's been surrounding us.
It's not perfect we all wanted the Glazers gone completely but if the stories are true, that the football structure is getting overhauled, then we should be delighted I know I am.
It'll be interesting to hear directly from Ratcliffe which I'm sure we will once it's confirmed, as we all want as much detail as possible.
It's not perfect we all wanted the Glazers gone completely but if the stories are true, that the football structure is getting overhauled, then we should be delighted I know I am.
It'll be interesting to hear directly from Ratcliffe which I'm sure we will once it's confirmed, as we all want as much detail as possible.
Interesting, if true it’s a complete departure from the ‘INEOS will swallow the debt’ narrative that was being parroted for months.
If it’s genuinely Ratcliffe’s just own money it’ll be crucial to hear what’s happening with the debt and how that’s going to be cleared.
This is far more important than many of the ‘sugar coat’, short term fixes being bandied about.
Hopefully the debt situation is made crystal clear upon the official announcement of the deal Ratcliffe has made with the scum.
It is a good point. I would agree, I don't think any one man will save us.
It will take a number of good people, investment, the right manager and player recruitment. And a lot of luck.
Mitchell does look to have a good track record at Southampton, Spurs, Red Bull group and Monaco. A lot stronger than our current DoF.
We have to take into account that fact that the Premier League landscape has changed since the 90's and 00's. There is far more competition, plus the limits of FFP. Even if we get the right people in, it doesnt guarantee league titles as other clubs are equally well equipped. I just hope we become consistently competitive.
Does the credit for the CL win in 2008 go to the Glazers then?
Qatar would not have had to stick a cheat code in. We just needed unshackling from the Glazers debt and antiquated football structure.
Correct. This is the crux of it.
It wont be. I think Ratcliffe will tread very carefully and not speak on areas that he doesn't have control over. I don't think he will say anything about a potential increase in his holdings, as not to impact the publicly traded stock.
Not quite as they didnt pump billions in, like Abramovich did for Chelsea.
We have won everything since the Glazer takeover despite them, not because of them.
So you wouldn't give Saudi any credit for Newcastle then? As they have unshackled NUFC from Ashley and the debt he put on the club.
Clearing the Glazer debt would be the 'Qatari cheat code', however, ditto the 'antiquated football structure'.
The real crux of it too many of its proponents are unwilling to accept.
All of this pro-Ratcliffe PR is basically just the Vampire's familiar changing the curtains and shutters in the haunted Mansion. Rather than drive the Glazers out with stakes and sunlight he will keep them in place, and be a new teat for them to suckle at.
I'm just glad Sir Bobby didn't live to see the club in the hands of people like Brailsford.
Hoping they give due attention to his funeral before making their announcement but I suspect they will want to "capitalize" on the coverage.
I'm just glad Sir Bobby didn't live to see the club in the hands of people like Brailsford.
Hoping they give due attention to his funeral before making their announcement but I suspect they will want to "capitalize" on the coverage.
Cheery stuff. Then what happens?
You are talking like transfer spend is coming out of Jim's back pocket? It wont, just like it didn't come out of The Glazers moth ridden wallets.
Will he / his team scrutinize transfer fee's and salaries further? I would hope so. I think all can agree that the current and prior regimes have been wasteful.
I mean. Come on man. What makes you think this?
Does the French league allow that? I know the Premier League are looking to ban multi ownership loans coming in.
Absolutely - which why I could also never understand those who said they prefered to stick with the Glazers than to sell to Sheikh Jassim.
I wanted the 92F bid as I believe the full sale option was the best for the future of the club, but Im willing to give Sir Jim a chance to see what he can do - any kind of change is likely to be better than none at this point.
Not that excited about the likes of Brailsford, but proper football names like Blanc and Mitchell are reasons to be cheerful at least.
Daddy Jim is using his own money and his own money is INEOS.
He owns over 60% of INEOS , 250m personal investment = more equity than 1.5bln in the club.
He owns over 60% of INEOS , 250m personal investment = more equity than 1.5bln in the club.
Newcastle are not Manchester United mate. Despite being utterly shit our global reach is light years away from Newcastle.
The ME money is having to build the likes of City and Newcastle from the ground up From a reputational point of view.
The likes of us, Liverpool, Real Madrid etc don’t need to be built into global powerhouses. They already are.
This is so cringe, it makes me want to vomit.
23-24 - currently 1st and unbeaten
22-23 - 9th
21-22 - 5th
20-21 - 9th
19-20 - 5th
INEOS Takeover
18-19 - 7th
17-18 - 8th
16-17 - 3rd
15-16 - 4th
14-15 11th
13-14 17th
From these league positions, its unfair to say they have gone "massively backwards" .
Had a good couple of years two years before the takeover, but were back to average in the years before.
Is he the best man for the job? If not, then get someone in properly qualified.
I always love the holier than thou proclamations in these big debates
I accept that Qatar would have come in and within a few years put us back onto the track we would have likely been on without The Glazers. Debt free, new stadium etc.
But how is that different to what Saudi are doing at Newcastle?
Saudi are improving Newcastle by spending more in the transfer market, buying them a new training ground, being able to hire far better football people to manage transfers and club business. All things they may have already had now, had it not been for 10+ years of Ashley.
Although there are clearly different levels, there are parallels between MUFC and NUFC. Both have had owners dragging them down for years.
But in the opinion of most football fan, if United start winning under Qatari owners, then it would be see as Qatari driven and more Middle East money influencing football. In tht way way at that same people accuse Newcastle of getting a Saudi leg up.
No one takes into account that both clubs were crippled prior.
I think its slightly more nuanced than that.
I'd wager those who'd rather no sale than Jim partially buying in were under the expectation that the Glazers would become increasingly desperate and feel more inclined to a full sale - which is the ultimate hope. The reservation that some of us have is that Ratcliffe is essentially giving the Glazers a lifeline, prolonging their stranglehold at the club at a time where they're practically on their knees. It's not an endorsement of the Glazers but rather an objection to them being given a new lease of life to remain at a time where it looks increasingly unsustainable for them to do so. In essence its not entirely different to the Elliot proposal, albeit I'm sure with less insistence on overhauling the footballing operational side of things.
Absolutely correct, well said.
Though I struggle to believe anyone genuinely didn’t already know this was the case.
It’s been spelled out thousands of times and is blatantly obvious.
It wouldn’t be beyond the realm of possibility, but it is very unlikely that Ratcliffe does anything about the debt before he's a majority share-holder.
Ok fair point. Not sure it’s a good thing that floating around mid table after 4 years can be celebrated either way but
I agree. Why would he clear the debts unless he is in total control?
But then again, he is reported to be putting in $300mil of his own cash for infrastructure investments when only owning 25%. So as you say, anything possible.
I agree, It is hardly a stella achievement. Their net spend over the last 4 years (3rd highest in the league) should be yielding better results. But maybe this year we are seeing that.
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