Oranges038
Full Member
- Joined
- Oct 19, 2020
- Messages
- 14,935
Big news.
Something finally happened.
If investment is coming in I’d want a proper job being done. You’re accepting mediocrity on day 1 well done
Banter aside - i accept any sort of investment at this stage mate. The club is hitting a new low by the day. 1/5 food quality. Manchester United!
at this stage having some sort of investment, though not enough to have a full overhaul, is better than nothing. Steps in the right direction given there has been no investment in the football club for years.
Your presumption is correct. They have to accept his tender offer, which they would be stupid not to do since it comes at a significant premium to the share price.Shower thought #1: The statement says it is Ratcliffe that is buying the shares, while INEOS will take over football control.
Shower thought #2: The statement of Ratcliffe buying 'up to 25%' of Class A shares is strange. Very deliberately worded differently than the simply 'buying 25% of Class B shares'. I presume it's because Class A is owned by other parties so it's reliant on those people agreeing to sell, but then again what actually limits him only buying 25%? Or will they be issuing 25% new Class A shares that he can choose to buy?
Shower thought #3: I wonder if the Glazer siblings are all selling equally (ie. they are all selling 25% of what they own), or if some are selling more, or even all, of what they own while others (most likely Joel and Avram) sell less.
I do because I was one of the scepticsRemember when people said he’s definitely got a deal to buy it in 2-5 years and they laughed at us who said that was nonsense
It's not?
Who says it's going towards Old Trafford. I grant you this, $300m wont touch the surface at Old Trafford, however thats a pretty big amount of money when you look at renovating Carrington for first team, womens and juniors
I feel sick to my stomach, we had a once in a lifetime opportunity to be owned by some of the richest people on the planet.
It could have been a fast track to the best of everything...stadium, training faiclities, squad, staff etc.
Instead we now have "local lad" Jim who probably has a 10+ year plan which isnt certain to suceed, all while our rivals keep getting better.
The worst part is, Qatar will now likely buy a rival club, do a newcastle with them and thats one more team we have to compete with for a top four place, let alone a title.
This isnt to blame any of the fans, it was out of our hands - but it's all just very fecking depressing.
Absolutely. Imagine coming in with only 300 million.Radcliffe out
This is interesting. I wonder if this now means that anyone can buy B shares.
Hahahaha this is brilliant.
I feel sick to my stomach, we had a once in a lifetime opportunity to be owned by some of the richest people on the planet.
Im happy with the footballing change. Surely it can’t get worse than we had with first Woodward then the clowns who are there now but everything else looks worse case scenario for me
Skeptical is an understatement I’ve had to turn sky sports news off I’m fuming.
The guy is knows for making investments then just plodding along, he’s delighted with his 25% believe me.
TrueIf the B shares no longer convert, what's stopping him (or somebody else) from purchasing the other Glazer siblings' shares and attaining majority control that way? Joel and Avram seem to be the only ones who actually want to stick around after all.
The beginning of the end of Glazer ownership. The first dilution in 18 years. A great, great day. Unfortunately this place is full of instant gratification, petro state apologist children. Some people can find the negative in anything.
We don't know about dividends either.Take your blinkers off and look at the deal seriously. Beginning of the end of nothing the Glazers are going nowhere.
25% stake…
Debt remains
300m for a coat of paint at OT
It’s laughable honestly
Well it's true there is no agreement on that currently which we got lied to about.I gave Goldbridge a listen and he's back to peddling subtle lies on his channel insinuating Ratcliffe won't get a majority. What a shit
If the B shares no longer convert, what's stopping him (or somebody else) from purchasing the other Glazer siblings' shares and attaining majority control that way? Joel and Avram seem to be the only ones who actually want to stick around after all.