In your opinion
Club Sale | It’s done!
- Thread starter JB08
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So I guess they haven’t bid then?
That's the sense that I got too. Bit of a game changer in my opinion.
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I think I've upset some Americans. That wasn't my intention. In the rest of the world we have a stereotype of Americans being poor at Geography.
Unfortunately some of you guys have kind of doubled down on that. I really hope you're trolling me. Apologies if anyone was genuinely offended.
I think I've upset some Americans. That wasn't my intention. In the rest of the world we have a stereotype of Americans being poor at Geography.
Unfortunately some of you guys have kind of doubled down on that. I really hope you're trolling me. Apologies if anyone was genuinely offended.
Wasnt he ex player of Athletico Madrid
Adam is going all out to be a martyr on this. Wasn’t the Athletic telling us ME wasn’t interested or it wanted minority shares? They’ve been a bit behind to have facts and insight
Tbh Ratcliffe is getting a lot of bad press from a lot of people who don't understand the most basic financial principles.
INEOS generates more than $60Bn of revenue each year and Ratcliffe would finance the deal by putting the purchase debt on their books, which they could easily pay off over a number of years without affecting the club.
INEOS generates more than $60Bn of revenue each year and Ratcliffe would finance the deal by putting the purchase debt on their books, which they could easily pay off over a number of years without affecting the club.
Which isn't that relevant for the simple reason that they don't 60 billion of disposable income. Their profits were around 2bn in 2021 and below 750m in 2020 and 2019. Chemical and Oil companies tend to have very large operating expenses.
Absolute rubbish.
Not at all, there is no quote.
I’m not gonna ho full Trump on some nonsense “source says nothing note” in an article.
I’ll wait for an actual quote/statement from any bidder.
'Diversify the economy away from gas' so they're eventually going to take money out of the club, great where have I seen this before.
From The Athletic on SJR.
Profits they have deliberately kept low by investing in sport.
Now that's the kinda great PR Ratcliffe should have come up with
Second that. Some people just love to moan.
So you believe that they have made a bid (which comes from the same The Athletic btw) but you don't believe the quote in it. Interesting but whatever.
What I don’t know about is what happens if some day INEOS evict him from the board because they don’t share his passion for this huge club draining their profits. They need something back from United right? It won’t be for free.
Ofcourse they will buy through loan, there isn't a capitalistic company in the world that will stump up 5b cash for a football club, it's not the way they operate. And you can be sure a private company will be looking for returns too.
But you have no issue with whatever Qatar do as long as they are loaded?
What does that say about you?
You're happy to be bought to be used as a political tool for a country because thats exactly what will be happening?
Sad how sections of our fanbase can't see past all that oil money.
Thats not what hes saying. You really think the state of Qatar is going to live off the profits of united?
That's not really how they do it. They use their assets to enter new markets, as an example PSG was part of getting large shares of Accor.
The Athletic have been shocking in their unbalanced reporting.
Well Ratcliffe's offer and everything surrounding it really sounds not very promising. Should have been pretty easy for him to get the fans on his side but he really has a weird way of not getting any excitement out of the fans from his proposal. Nothing on his plans for the squad, stadium and training facilities. Nothing on the existing debt.
Just a promise he won't put further debt on the club. Hardly the stuff of dreams.
Real shame as for the club the Qatar offer seems much more promising albeit quite obviously coming with a state ownership
Just a promise he won't put further debt on the club. Hardly the stuff of dreams.
Real shame as for the club the Qatar offer seems much more promising albeit quite obviously coming with a state ownership
The highest level of board they have is him and his 2 mates who own the entire thing between them (he has 66%)
https://www.ineos.com/about/our-leadership/
Isn't it hilarious how these lot are so quick to criticise and judge Ratcliffe over the smallest things but somehow all the Qatar human rights issues are unimportant to them. It's so predictably pathetic.
I don't even believe Ratcliffe is bidding for the club. Haven't heard him or INEOS say anything yet. 
I agree with most of this except one key part: “all of a sudden one private individual rocks up with 5bn” - that hasn’t been revealed at all. We have no idea yet around if this is a consortium of investors led by one individual. It’s a fairly key point in a Twitter thread that ends with here’s some facts.
Ratcliffe owns 2/3 of INEOS outright so I'm pretty sure others can't evict him like that.
It’s important to remember that City achieved what they did through cheating. Pure and simple. If we stick to the rules, we won’t be unstoppable. That’s what the rules which City broke for a decade were there for. Things will become significantly better off the pitch but we won’t be winning quadruples every year.
Is it unbalanced to assume, given City and Newcastle’s shady hierarchies, that this Qatari bid is actually tied to the state? I don’t think it’s unbalanced at all, rather investigative journalism.
Well yeah, confirmation is on reuters and many other reputable news site, none of which are claiming to have sources with inside info on the bud about Manchester being put back in Manchester United.
He isn't the youngest either so...
Ok let’s say I agree for a second, which means he’s submitted his bid but said nothing to fans waiting. Way to have his finger on the pulse, Qatar have said all the right things once their bud was submitted, when are we going to hear from JR?
I read the INEOS statement when they made a bid for Chelsea, again short on detail.
also partnering with Goldman Sachs, not a good outlook
Once again, SJR & INEOS have made no comment nor statements whatsoever.
Hold the feck off till they do.
They don't invest billions in sports, they have invested in relatively cheap ones. Nothing comparable to spending 5 to 6 billions in acquiring a sport entity and then not getting much out of it. Unless they decide to have United as a giant billboard for an under market value, that's a way to get your money back.
The idea football dies if we get taken over by a middle eastern country is such egoistical and hysterical nonsense. The soul of the sport died years and years ago, what’s happening now has been inevitable for ten plus years.
The power of money I suppose.
If you want to support a moral team, go and support Forest Green Rovers.
Partnering with ME oil, not a good look.
If we’re looking for good looks in a bidding war for over 4bn, we’ll both be disappointed.
SJR has previous told us the following….
but that’s ignored now because the Athletic quoted some wishy washy source.
My issue is that I won't have any bragging rights against sugar daddied clubs. I don't use it but it's still nice to look down on some clubs.
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