Laurencio
Full Member
- Joined
- Jun 21, 2017
- Messages
- 4,229
This has nothing to do with the fit and proper person test. The Glazer’s can still do whatever Sir Jim wants, hence Arnold giving his marching orders. They still own the club and can make whatever decisions they want, even if Sir Jim is pulling the strings behind the scenes. The extended delay, if to be believed, is a worry though.
I can only think, so far, of two possible reasons:
a) The Glazer family, as a whole, are still undecided amongst themselves
b) Sir Jim has still not found a way to ‘resolve the issue with A class shareholders’
The second point is still relevant, imo. People say he’s a shrewd operator in business, but his offer to buy just the Glazer’s 69% was ridiculous and never likely to get approved.
There are limits to how much they can legally communicate about strategy and daily operations as long as it's an ongoing process. Arnold's removal in favour for an interim suggests that he made his position untenable, likely by voting or signaling that he would vote against the deal. It would be a legal minefield to have him sacked on the say so of Ratcliffe before the deal is finalised.
You don't want to mess up the summer transfer window so it makes sense to do it after the window shuts
Classic United to be fair.