So every team that Ineos has bought or invested in has done worse once they came in but we somehow think it’ll be better this time?
The Qataris were all bluster and failed so miserably at the bidding process that we should be glad they didn't succeed at buying the club.Now if Ratcliffe was going to pump separate money in then fine but there is not a dickie bird about that unlike the Qataris
This is how I feel. I've always been mixed at best about becoming yet another state run club, if you'd told me that INEOS would be running the football club at the outset, I would have snapped your hand off. Not surprised the Glazers are hanging on for dear life to the reins of the club, we've been the best investment they will -ever- have, basically free money year on year for them.I have no doubt that the Glazers plan to milk every penny they can out of Ineos and United and this is far from an ideal set up with them still bleeding us dry, however if they are not involved in the footballing side of the club then it can only be good news.
So every team that Ineos has bought or invested in has done worse once they came in but we somehow think it’ll be better this time?
Now if Ratcliffe was going to pump separate money in then fine but there is not a dickie bird about that unlike the Qataris.
And got bashed for saying that.Many of us said it on here too.
"Manchester United plc (NYSE: Man Utd), announces today that it has entered into an agreement under which Chairman of INEOS, Sir Jim Ratcliffe, will acquire 25 per cent of Manchester United's Class B shares and up to 25 per cent of Manchester United's Class A shares and provide an additional $300 million intended to enable future investment into Old Trafford."
There ya go
This is the first time there is money going in to invest in the club in many decades.
Cheers James.There ya go
Make no mistake the £1.5bn or so purchase of the shares is NOT investment. Which is what I am saying. The 300m dollars is positive but in the great scheme of things chicken feed. As I say, this is no revolution.
"Manchester United plc (NYSE: Man Utd), announces today that it has entered into an agreement under which Chairman of INEOS, Sir Jim Ratcliffe, will acquire 25 per cent of Manchester United's Class B shares and up to 25 per cent of Manchester United's Class A shares and provide an additional $300 million intended to enable future investment into Old Trafford."
Outside of a hedge fund buying us that's a load of bollocks isn't it
25% with no option to buy it all, 300m investment into the stadium when it needs over a billion
Not blinded by this shitty deal one bit
I'm with you, unfortunately it is what it isOutside of a hedge fund buying us that's a load of bollocks isn't it
25% with no option to buy it all, 300m investment into the stadium when it needs over a billion
Not blinded by this shitty deal one bit
Trawlers Limited
When INEOS — whose secret name for the big was ‘Project Trawler’, named after legendary player Eric Cantona’s famous quote — announced its bid for United in February, its headline was an attempt to “put the Manchester back into Manchester United”.