Haha no no, it’s Paul, the rest is just paper nonsense.
Club Sale | It’s done!
- Thread starter JB08
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It wouldn’t be a good start to be seen to have appointed a guy without assessing all candidates properly. Even if it is done for optics.
Well mate, that was not the part of the post i reacted to but the generalisation of everyone who wanted a full sale of club to Qatar is a bunch of " 13 year olds with weak constitutions are unhappy the Qatar bid was rejected".
because they spent the last year sucking on his pee pee
Announcement today?
Well, this sucks.
The club needs owners that would allow to bring in Mbappe and Bellingham in a single window, not owners that will just enforce some order. The club needs to spend more to compete. Way more.
The club needs owners that would allow to bring in Mbappe and Bellingham in a single window, not owners that will just enforce some order. The club needs to spend more to compete. Way more.
Why has Arnold been axed but Murtough is still in place? Surely he's as guilty when it comes to the football side of it?
$33 is much lower than what was being reported and what was being analysed.
Guessing that's where the £245m investment is coming from
isn’t all the talk about him likely being a goner too?
That’s $5 less than SJ reported offer ?$33 is much lower than what was being reported and what was being analysed.
Guessing that's where the £245m investment is coming from
Seems like it!
I trust you with the numbers, but doesn't that push the valuation well below 5b too?
Everything is still on a 'knife edge'; with seemingly most supporters wanting the Glazers gone completely, some bemoaning that Qatar is not taking over and others wondering what sort of job Jim Ratcliffe will make of it.
Meanwhile at pitch level; ETH is struggling with injuries and to reign-in would be 'prima donnas', hearing perhaps growing rumour's that a few of his 'new boys' are wondering if they made a mistake coming to OT, and the game plan he was intending to develop and run with this year, through signings like Mount and Hojlund, now almost in tatters.
From 'top to toe' we seem to be in a mess, lets hope Sir Jim's involvement will allow him to punch above his weight on everything from board room down, to putting his 'boot in' where necessary, his arm around the shoulder, where needed.
Meanwhile at pitch level; ETH is struggling with injuries and to reign-in would be 'prima donnas', hearing perhaps growing rumour's that a few of his 'new boys' are wondering if they made a mistake coming to OT, and the game plan he was intending to develop and run with this year, through signings like Mount and Hojlund, now almost in tatters.
From 'top to toe' we seem to be in a mess, lets hope Sir Jim's involvement will allow him to punch above his weight on everything from board room down, to putting his 'boot in' where necessary, his arm around the shoulder, where needed.
Seems strange that the actual NYSE share price is still languishing around $18 if a $33 deal is close
Or the Class A shareholders are getting royally shafted as the Glazers sell their Class B at $33 and they get nothing
Arnold was probably too pissed off to follow their process and wanted to down tools and leave asap.
This is the case, yes. Surely nobody is shocked?
I hope we keep him. The fanbase needs a lightning rod for criticism while everything gets put in place or the new guys will slaughtered straight out of the gate. Although maybe just keeping Darren Fletcher on will be enough.
Well it's what I've assumed is happening all along but other outlets have been reporting that SJR will buy a combo of Class A & B shares as the minority shareholders previously threatened legal action
Are all the Glazers onside then? No? Okay normal service then...
Getting to own 25% of the club for roughly £750m is a pretty handy deal.
Just don't ever expect him to own the whole club
Yeah, a single window signing players like Varane, Sancho, and Ronaldo is exactly what we need.
It doesn’t look like there is a concrete plan to phase out the leeches. This is disappointing
That's roughly £1.1b at $33 a share is it not?
Important detail in this report: "People close to the process cautioned on Friday that the deal had yet to be finalised and remained the subject of ongoing negotiations."
This deal looks baffling to me from a Glazer standpoint - it's for less shares, less up front cash and a lower EV than the other offer on the table. Something feels off about this.
Important detail in this report: "People close to the process cautioned on Friday that the deal had yet to be finalised and remained the subject of ongoing negotiations."
This deal looks baffling to me from a Glazer standpoint - it's for less shares, less up front cash and a lower EV than the other offer on the table. Something feels off about this.
I literally wait for Kleinmann reports on this stuff now. He's the Ornstein of financial journalists!
Might be and imminent in the same sentence.
The club needs a structure that will find the next Bellingham and Mbappe and have a set up that would convince them to want to join the club. We’ve spent more than most clubs year on year but we’ve invested it poorly. We can spend within our own generated revenue and build a proper team.
They will announce it next Wednesday. One year to the day that the club was confirmed as being up for sale.
Helps that the market doesn't open for another 2 hours or so.
Also rumour seems to suggest he'll be only buying from the big A class investors (i.e the people that own enough to bother to sue over the fact he didn't buy "their" A class at $33)
What I want to hear more about is the plan for a full takeover down the line. There better be a clear roadmap for majority ownership when this deal gets announced.
How will they decide which class A shares he buys?
I can't see how that would work
Having seperate prices for Class A Vs B shares is possible, but you cant start prioritising certain Class A shareholders over others
The ones that satisfy the shareholders threatening legal action I guess.
I doubt there will be anything concrete - at most it will be a vague statement about possible future dreams to keep fans onside
I don’t think they can do it like that. Surely needs to be some sort of equitable approach?
He's the guy with the board's brief. We just need him to talk about full takeover path. Then we can close this chapter for once.I literally wait for Kleinmann reports on this stuff now. He's the Ornstein of financial journalists!
I was being a bit tongue in cheek but yeah probably. Any other way surely would be infeasible.
Won't be possible to be announced. Until he starts taking over the rest he has to work closely with the Glazers so he's not going to start by saying I'm getting rid of them in 3-5 years
I'd guess it will be through a tender offer. You can look it up if you want to learn more, but essentially it will be open to all Class A shareholders.
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