Club Sale | It’s done!

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Surely it can't be Ratcliffe. If the glazers are demanding 6 billion - then it has to be the Qatari’s. Ratcliffe on his own cannot buy man utd, dont forget further significant investment is required to overhaul the stadium and the training facilities. This means Ratcliffe’s only option would be a leveraged buy out, the papers are saying with goldman sachs. That would be terrible and just another glazer situation with debt. Due to the high price I cant see anyone else but the qatari’s.
 
I don't need to assume anything. I know exactly what this regimes are like and where the money comes from for this buy. It's from oil.
So people getting rich by using their natural resources is a bad thing? And you have no idea if you think that rich businesses from ME are only oil based.
 
It does make sense, as investment in sport falls within their business model. As it stands they already invest to varying degress in football, formula 1, cycling, sailing, rugby, etc.

Whether, why and how that broader interest in being involved with sport makes sense for a chemicals company, we don't particularly need to care about from a business POV (though perhaps morally). All that matters is that they deem investment in a football club like United to fall within an investment profile that has already moved into the realm of sport.

Once they do then it simply becomes a question of whether this particular investment is justfied by the projected outcomes, just like any other investment that falls within that profile. If they project they can make billions on this asset over the coming years, making billions makes sense.

Okay fair enough, lets just agree to disagree
 
It does make sense, as investment in sport falls within their business model. As it stands they already invest to varying degress in football, formula 1, cycling, sailing, rugby, etc.

Whether, why and how that broader interest in being involved with sport makes sense for a chemicals company, we don't particularly need to care about from a business POV (though perhaps morally). All that matters is that they deem investment in a football club like United to fall within an investment profile that has already moved into the realm of sport.

Once they do then it simply becomes a question of whether this particular investment is justfied by the projected outcomes, just like any other investment that falls within that profile. If they project they can make billions on this asset over the coming years, making billions makes sense.

I'm not sure it's even the asset of Manchester United that matters, it's the branding of INEOS getting to a huge reach of fans and what that means for their profits. If you look at who they've invested into in sports it's a lot of the top level teams (Mercedes in F1, All Blacks in Rugby, Ainslee in sailing, the top marathon runner etc). They obviously think there's profit in being associated with the top athletes / teams.
 
Reading some of the comments on this thread, it feels like anyone from the Middle East with a bit of money is automatically deemed as evil regardless of their own personal background.

How do you know they are linked to the state unless you know them on a personal level?
 
My take is this:

1. SJR will make a bid and have secured financing.

2. The Raine Group have pitched the prospect of buying MUFC to the Qatari, who seem to be legitimately interested.

3. The wealthy US owners with interest in sport teams does not seem to be interested to buy the full team, but I would expect one at least to be involved in a consortium as a figure head that includes financiers like the 6th Street. The business plan is roughly the following:
(a) The consortium members agree to sell the club within a stipulated time frame (5/10/15 years).
(b) The idea is surely to come in, put the club back as one of the greatest in the world, build top of the art premises, so that the club could be sold as a premium asset in whatever time frame that is established.
(b) The main participants of the consortium are:
*A US pro team owner “figure-heads” the consortium and get influence over broadcasting rights, exposure as ‘the owner’.
*A US financier, like 6th Street, is involved who finance big parts of the consortium, against long-term interest in future broadcasting rights. And of course interest in funding the stadium. I mean, there would be many banks fighting to fund
*A strategic investor is involved who takes a larger stake, but that to a large extent intends to act as a feeder fund/intermediate investment for other funds/investments looking to get exposure against sporting teams.

4. There also seem to be legit interest from a couple of entities in China. Could absolutely be an established company like Tencent or more investment minded entities. Why? The same logic for all of the above, also apply to them. The one difference is that while Qatar is flying high of high prices for LNG, Chinese investors is still suffering from just ending strict Covid lock-downs.

5. There is still definitely room for a dark horse bidder. I any auction process, you cannot rule out anyone showing up next Friday or even after that. Taking everyone by surprise, is a tactic in auctions that has its pros (and cons).
 
I would prefer to avoid state ownership. But an anonymous American hedge fund or consortium is the worst case scenario imo
 
Reading some of the comments on this thread, it feels like anyone from the Middle East with a bit of money is automatically deemed as evil regardless of their own personal background.
Yes, casual racism and ignorance at their best.
 
Where did you get this information? All sources are claiming that Qatar is a serious bidder while SJR is planning to rope in GS and JP for financing his acquisition bid.





SSN suggest that Qatar was "invited to bid" by the Raine group - they've not enquired off their own back, they've been approached by the sellers about getting involved (presumably to put pressure on the other parties)
 
My take is this:

1. SJR will make a bid and have secured financing.

2. The Raine Group have pitched the prospect of buying MUFC to the Qatari, who seem to be legitimately interested.

3. The wealthy US owners with interest in sport teams does not seem to be interested to buy the full team, but I would expect one at least to be involved in a consortium as a figure head that includes financiers like the 6th Street. The business plan is roughly the following:
(a) The consortium members agree to sell the club within a stipulated time frame (5/10/15 years).
(b) The idea is surely to come in, put the club back as one of the greatest in the world, build top of the art premises, so that the club could be sold as a premium asset in whatever time frame that is established.
(b) The main participants of the consortium are:
*A US pro team owner “figure-heads” the consortium and get influence over broadcasting rights, exposure as ‘the owner’.
*A US financier, like 6th Street, is involved who finance big parts of the consortium, against long-term interest in future broadcasting rights. And of course interest in funding the stadium. I mean, there would be many banks fighting to fund
*A strategic investor is involved who takes a larger stake, but that to a large extent intends to act as a feeder fund/intermediate investment for other funds/investments looking to get exposure against sporting teams.

4. There also seem to be legit interest from a couple of entities in China. Could absolutely be an established company like Tencent or more investment minded entities. Why? The same logic for all of the above, also apply to them. The one difference is that while Qatar is flying high of high prices for LNG, Chinese investors is still suffering from just ending strict Covid lock-downs.

5. There is still definitely room for a dark horse bidder. I any auction process, you cannot rule out anyone showing up next Friday or even after that. Taking everyone by surprise, is a tactic in auctions that has its pros (and cons).
Where did you get the Chinese bit?
 
Reading some of the comments on this thread, it feels like anyone from the Middle East with a bit of money is automatically deemed as evil regardless of their own personal background.

How do you know they are linked to the state unless you know them on a personal level?

anyone with that kind of wealth in Qatar is linked to the state
 
Yes, casual racism and ignorance at their best.

Attacking regimes isn't racist. Or ignorant in this case. People here just want to turn a blind eye to who they are getting into bed with.
 




SSN suggest that Qatar was "invited to bid" by the Raine group - they've not enquired off their own back, they've been approached by the sellers about getting involved (presumably to put pressure on the other parties)


I think Sky are the only source reporting this with numerous others presenting a different slant.

Either way I think there’s enough to know that the Qatari group are interested and will bid.
 
Somebody explained it earlier in the thread, but the short answer is no from what's been put out there by journos.
He does not have the money to rebuild the stadium nor the training ground. It will be another debt.
Everyone understands the role GS and JP Morgan. What we don't know are the debt condition and collaterals that will be given for financing. None of that was answered by "Ole was right" guy.
Nor how is he going to finance the rebuild of the stadium or the large infrastructure the club's need.
 
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My take is this:

1. SJR will make a bid and have secured financing.

2. The Raine Group have pitched the prospect of buying MUFC to the Qatari, who seem to be legitimately interested.

3. The wealthy US owners with interest in sport teams does not seem to be interested to buy the full team, but I would expect one at least to be involved in a consortium as a figure head that includes financiers like the 6th Street. The business plan is roughly the following:
(a) The consortium members agree to sell the club within a stipulated time frame (5/10/15 years).
(b) The idea is surely to come in, put the club back as one of the greatest in the world, build top of the art premises, so that the club could be sold as a premium asset in whatever time frame that is established.
(b) The main participants of the consortium are:
*A US pro team owner “figure-heads” the consortium and get influence over broadcasting rights, exposure as ‘the owner’.
*A US financier, like 6th Street, is involved who finance big parts of the consortium, against long-term interest in future broadcasting rights. And of course interest in funding the stadium. I mean, there would be many banks fighting to fund
*A strategic investor is involved who takes a larger stake, but that to a large extent intends to act as a feeder fund/intermediate investment for other funds/investments looking to get exposure against sporting teams.

4. There also seem to be legit interest from a couple of entities in China. Could absolutely be an established company like Tencent or more investment minded entities. Why? The same logic for all of the above, also apply to them. The one difference is that while Qatar is flying high of high prices for LNG, Chinese investors is still suffering from just ending strict Covid lock-downs.

5. There is still definitely room for a dark horse bidder. I any auction process, you cannot rule out anyone showing up next Friday or even after that. Taking everyone by surprise, is a tactic in auctions that has its pros (and cons).

I wouldn't underestimate the US. They are very experienced with sports brand names and in sport clubs acquisitions, they probably have far better links with Raine Group/the Glazers then qatar and Ratcliffe + a consortium of them can easily sort a competitive bid. It's also wise for them to remain silent for the time being
 
From a football perspective it's Qatar all the way. They'll immediately start modernising the facilities and infrastructure without restricting the war chest. With Ratcliffe there will always be the fear of the facilties/infrastructure money coming directly from the war chest.

Morality wise I've become a bit numb to the repetitive and boring 'sportswashing' arguments that get dished out every single time ME wants to host sporting events or invest in sports clubs around the world. You want to host the World Cup? Sportswashing. You want to buy a European club? Sportswashing. You want to buy Ronaldo? Sportswashing. At this point the word has lost all its meaning which is unfortunate because the premise of it was good until it became the default term for ME countries simply being interested in sports.
People need to understand that Qatar doesn't even need sportswashing. They're already very integrated in the Western hemisphere of doing business. What they need is a global exposure, they want their name out there and more eyes on their country and companies in order to become a future tourist hub in order to compete with Dubai since they are slowly diversifying away from oil and gas. It has nothing to do with 'sportswashing', it's simple business. I guess sportswashing would still follow, but the Qataris genuinely do not give a feck what some randoms think on a United forum about them, they already have the ears of the world leaders. What they want from the random Joe's is simple: "hey son, there's this place where you could spend your money on and have a good time."
 
Reading some of the comments on this thread, it feels like anyone from the Middle East with a bit of money is automatically deemed as evil regardless of their own personal background.

How do you know they are linked to the state unless you know them on a personal level?
By having a brain.
 




SSN suggest that Qatar was "invited to bid" by the Raine group - they've not enquired off their own back, they've been approached by the sellers about getting involved (presumably to put pressure on the other parties)

SSN? I would not trust their sources over other journos who have claimed that Qatar based consortium are looking for a full takeover.
 
SSN? I would not trust their sources over other journos who have claimed that Qatar based consortium are looking for a full takeover.

The thing with all the media reports is, it will all be very deliberate - so you'll hear different things based on what information each party wants out there.

I imagine the Glazers/Raine Group have pushed the Keegan DM Qatar story out there.
 
Reading some of the comments on this thread, it feels like anyone from the Middle East with a bit of money is automatically deemed as evil regardless of their own personal background.

How do you know they are linked to the state unless you know them on a personal level?

I find it very weird when people say because they are in Qatar they have ties to being murderer's. Its just a basic view.

Its funny because alot of people will say they do not want state ownership but will take Fly Emirates as a sponsor. Just they cant own the club but they can invest in it... makes no sense.
 
Attacking regimes isn't racist. Or ignorant in this case. People here just want to turn a blind eye to who they are getting into bed with.
You are calling potentially private citizens of a nation as evil without having the faintest idea on who they are, based on nothing but where they reside. Yeah, that's not ignorant and racist at all.
 
SSN really aren’t worth paying attention to, they’ll spin things a bit different purely for attention. They’ve not been at the forefront of football news for nearing a decade now.
 
The thing with all the media reports is, it will all be very deliberate - so you'll hear different things based on what information each party wants out there.

I imagine the Glazers/Raine Group have pushed the Keegan DM Qatar story out there.
The Qatar story has been reported by AP and Athletic as well. I will consider their reporting far more reliable than SSN.
 
You are calling potentially private citizens of a nation as evil without having the faintest idea on who they are, based on nothing but where they reside. Yeah, that's not ignorant and racist at all.

regime means the leadership not private citizens
 
I wouldn't be massively surprised if Ratcliffe isn't buying United to make money

He's 70, he could just wanna have a bit of fun before he croaks it.. and if he just wanted to make money there are much better ways to spend 6 billion quid

Nobody knows for sure, but there are so many posts that are certain he'll take money out of the club as if you have the inside track

I genuinely don't care if someone is buying us to make money. We're talking a multi-billion pound investment, there has to be something in it for the buyer.

I just want to ensure that whoever they put in charge of running the club is top tier, not Ed fecking Woodward, and they allocate an appropriate level of our income for investment in the club.

The sugar daddy model is grim, and that's before you get into the sportswashing debate.

I'd much rather we were a self-funding entity, and there's no reason we can't be. feck winning the Man City way.
 
Apart from their human rights records, I‘m reading the Qatari want to fire Ten Hag and install a new coaching staff.
 
regime means the leadership not private citizens
I know what a regime means. But the Qatar story has been about a private consortium buying us and everyone against it is directly assuming it's the State buying us because reasons.
 
Yeah they're not coming up with £5 billion from anything but state oil money. Pretending otherwise is just bullshit.
The post I quoted did not even allow for investigations, UN or human rights. No, you have to know them on a personal level :lol: So unless they are family or close friends do not judge ok?
 
Apart from their human rights records, I‘m reading the Qatari want to fire Ten Hag and install a new coaching staff.
By reading, do you mean reading tarrot cards? I haven't seen anyone reporting this.
 
Do you think JP or GS are any worse than the Qatari state :lol: ? just look at their horrible history on manipulating the market and the effect on the lives of billions around the world. They will not hesitate to let millions die to get their money.
 
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