Club Sale | It’s done!

[BarstoolProphet]

Personally I’d pay that. One of his biggest strengths is transfer negotiations apparently so he’d make sure we’re not fleeced this summer.

EDIT: Ornstein has added an addendum to his report the past few minutes saying Ashworth is officially on gardening leave now

We are hiring a CEO who has dedicated much of his focus on not paying unreasonable wages and fees to prevent being taken to the cleaners in negotations. What signal does it say if we end up paying an unprecedented sum of 20m for the next non-playing staff to arrive after him?

 

[brian017]

Personally I’d pay that. One of his biggest strengths is transfer negotiations apparently so he’d make sure we’re not fleeced this summer.

EDIT: Ornstein has added an addendum to his report the past few minutes saying Ashworth is officially on gardening leave now

The man must be pretty stressed if he needs time off to tend to his garden!

 

[Rolaholic]

 

[TrebleChamp99]

First test for INEOS will they buckle and pay, will the fee be fair, interesting week ahead.

 

[golden_blunder]

Swap deal for murtough

 

[Overhaul FC]

Wonder why INEOS basically went public with the leaks about Ashworth, when they didn't with Berrada and Man City?

Looks like this is going to get expensive.

 

[BristolRuss]

Two years gardening leave? Seems really excessive.

 

[Woziak]

If he’s started gardening leave then his contract will probably have a 6 month rule in place which takes him to middle of August 2024. He can put a team in the background that can facilitate transfers or United can offer a sensible fee of £5m and bring him out after 2 months so he starts work in April 2024.

 

[Woziak]

Two years gardening leave? Seems really excessive.

That can’t be contractual law or in his contract, if so United should just pay and then go after their players ?

 

[clarkydaz]

We really need to see the state of this garden

 

[Plant0x84]

I’m getting unreasonably annoyed by the way this Ashworth appointment is being reported like a transfer. It was the same with the sale process. I swear we’re the only club that has to put up with this shite!

 

[Remember the geese]

Can't Ashworth just resign?

 

[Dion]

Feels like the sensible thing to do here is just to wait it out, he'll be doing work behind the scenes and we can appoint a temporary DoF to cover the gap.

 

[Sir Erik ten Hag]

Swap deal for murtough

Too sensible of a move for us, though.

 

[JinnerJamie]

Can't Ashworth just resign?

Looks like he has but if United want him sooner then we'll have to pay his contract up, I'd imagine anything over 10m is just media drama.

 

[Woziak]

Surprised we are lower than Liverpool.

I’m sure they are reporting these wages now from January 1st 2023 to December 31st 2023 for the new UEFA FSP

United is £333m to a turnover of about £648m which is actually ok it’s about 51.3% which means they made clear cut backs this season. This might be why there was very little movement in the market in January.

City £473m divided £705m is 67%
Liverpool £367m divided by £584m is 63%
Spurs £247m divided by £540m is 46%
Chelsea £339m divided by £503m is 67%
Arsenal £231m divided by £456m is 50.6%
Newcastle £184mdivided by £246m is 75%

As for PSG and Barcelona they are
PSG £518m divided by £685m is 76%
Barcelona £546m divided by £680m is 80%
Madrid £388m divided by £711m is 55%

The rule this summer is 80% with wages, agent fees and Net Transfer fees after all amortisation.

City, Chelsea will struggle unless they sell,
Liverpool need to be careful but ok
United, Spurs and Arsenal all ok
Newcastle can’t do hardly anything especially with no European football!

PSG will benefit after Mbappe leaves, Barcelona absolutely shopping in basement but they must sell one maybe two big players.

Madrid can do pretty much what they want ?

 

[croadyman]

First test for INEOS will they buckle and pay, will the fee be fair, interesting week ahead.

You already get the impression from them that they are not in any mood to get ripped off. I am absolutely certain they will have a plan on how to get this over the line quick as possible.

 

[bringbackbebe]

I’m sure they are reporting these wages now from January 1st 2023 to December 31st 2023 for the new UEFA FSP

United is £333m to a turnover of about £648m which is actually ok it’s about 51.3% which means they made clear cut backs this season. This might be why there was very little movement in the market in January.

City £473m divided £705m is 67%
Liverpool £367m divided by £584m is 63%
Spurs £247m divided by £540m is 46%
Chelsea £339m divided by £503m is 67%
Arsenal £231m divided by £456m is 50.6%
Newcastle £184mdivided by £246m is 75%

As for PSG and Barcelona they are
PSG £518m divided by £685m is 76%
Barcelona £546m divided by £680m is 80%
Madrid £388m divided by £711m is 55%

The rule this summer is 80% with wages, agent fees and Net Transfer fees after all amortisation.

City, Chelsea will struggle unless they sell,
Liverpool need to be careful but ok
United, Spurs and Arsenal all ok
Newcastle can’t do hardly anything especially with no European football!

PSG will benefit after Mbappe leaves, Barcelona absolutely shopping in basement but they must sell one maybe two big players.

Madrid can do pretty much what they want ?

This year should be lower for us when we say bye to Sancho, Martial, Maguire and possibly one of Varane/Casemiro/Rashford.

 

[Woziak]

This year should be lower for us when we say bye to Sancho, Martial, Maguire and possibly one of Varane/Casemiro/Rashford.

With Ratcliffe investing £237m, allowing an adjustment to the £105m 3 year loss allowed, plus a few smart players from the Academy like Greenwood, Hanibal, Pellistri, Fernandez will have a huge effect and probably allow a transfer warchest as much as £300m.

Selling Casemiro, Varane, Bruno or Rashford huge reduction in wages goes onto next year 2025-26 in terms of wages. However Rashford is an academy product so huge benefit if we sell him but to who, Barcelona, Bayern can’t do that deal possibly only SA and PSG.

 

[Berbaclass]

 

[Solius]

Offer to shareholders closed on the 17th so surely they're tying up loose ends and close to an announcement now?

 

[Vault Dweller]

Offer to shareholders closed on the 17th so surely they're tying up loose ends and close to an announcement now?

Would think so, hopefully pretty soon. Just a general feel good factor around the club right now that has been sorely missed.

 

[TrebleChamp99]

Offer to shareholders closed on the 17th so surely they're tying up loose ends and close to an announcement now?

Would think so, hopefully pretty soon. Just a general feel good factor around the club right now that has been sorely missed.

I’m hoping so too, can’t imagine what the delay would be?

Unless they consider it announced via PL/FA ratification.

 

[bringbackbebe]

With Ratcliffe investing £237m, allowing an adjustment to the £105m 3 year loss allowed, plus a few smart players from the Academy like Greenwood, Hanibal, Pellistri, Fernandez will have a huge effect and probably allow a transfer warchest as much as £300m.

Selling Casemiro, Varane, Bruno or Rashford huge reduction in wages goes onto next year 2025-26 in terms of wages. However Rashford is an academy product so huge benefit if we sell him but to who, Barcelona, Bayern can’t do that deal possibly only SA and PSG.

The Ratcliffe money is earmarked exclusively for the stadium I think, unlike Boehly money which was no holds (or brains) barred.

 

[Rolaholic]

 

[Berbaclass]

 

[Rolaholic]

 

[davidmichael]

Surely if this is the case then the £20 million being quoted is overblown, wasn’t it reported as £10 million yesterday ? I’m sure it’ll get ironed out for an April start and something like £5 million to £7 million to Newcastle but whilst he’s on gardening leave I’m sure he’ll be putting his team together behind the scenes so we’re set for the end of the season going into the transfer window.

 

[Berbaclass]

Surely if this is the case then the £20 million being quoted is overblown, wasn’t it reported as £10 million yesterday ? I’m sure it’ll get ironed out for an April start and something like £5 million to £7 million to Newcastle but whilst he’s on gardening leave I’m sure he’ll be putting his team together behind the scenes so we’re set for the end of the season going into the transfer window.

Yeah it's all PR shite. He'll be in place soon enough. It will get resolved after the investment is confirmed tomorrow or Wednesday.

 

[roonster09]

Not sure how the full sale thing works in the future but for now Ratcliffe's team has done good job or least looks something positive on the management side.

Hopefully we see the benefits in the recruitment this summer as for 10 years not a single person took responsibility or care of money during the window. We squandered lot of money with people just saying yes to whatever manager asks.

 

[Sir Erik ten Hag]

This guy has no gut to go YOLO. Don’t want!

 

[phunky]

Offer to shareholders closed on the 17th so surely they're tying up loose ends and close to an announcement now?

My Man Utd shares are now marked Man Utd.TENDER in my portfolio, indicating the corporate tender offer is now underway.

i have no idea what will happen next, but this can only mean things are progressing right.

 

[devilish]

Swap deal for murtough

Let murtough negotiate the deal pm their behalf. We probably get 500m with Ashworth as part of the deal

 

[Berbaclass]

 

[croadyman]

Does that suggest Brailsford was outvoted by the others in terms of who we want to appoint,also why couldn't we have looked at Ward as Head of Recruitment then can get both

 

[Oldyella]

Two years gardening leave? Seems really excessive.

Isn't that also illegal? I'm sure in the UK it can't be more than six months

 

[Andy_Cole]

Maybe we should get someone else if it’s complicated. Maybe just get City’s DOF.

 

[diarm]

Maybe we should get someone else if it’s complicated. Maybe just get City’s DOF.

It’s not complicated.

Newcastle are just a bit butthurt and trying to show the world they’re a big deal.

A bit of patience on our end, and they’ll realise that 20 months with their marquee hire on the payroll but sat at home because he doesn’t want to be there is not a great look for them, and they’ll want it all just to go away.

 

[gajender]

Does that suggest Brailsford was outvoted by the others in terms of who we want to appoint,also why couldn't we have looked at Ward as Head of Recruitment then can get both

Come on Croady it's coming From Delaney he knows feck all .

 

[Plant0x84]

Does that suggest Brailsford was outvoted by the others in terms of who we want to appoint,also why couldn't we have looked at Ward as Head of Recruitment then can get both

I don’t think so reading the article. It says Ashworth has always been the front runner/preferred choice. Sounds like Ward was considered as an alternative.