You keep saying this like you know, the Glazers don't even own 100% of the club, so he could buy them out and still be a majority owner
Club Sale | It’s done!
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You keep saying this like you know, the Glazers don't even own 100% of the club, so he could buy them out and still be a majority owner
You surely are an opposition fan if you think the Glazers staying on in any capacity is "perfect".
Also, INEOS can still retain the entire structure in place till they review every aspect without having the Glazers around.
Some of you wumming need to do better
Another silly post
Nah it mostly depends on the jurisdiction which is Caymen
anyway, this is kinda pointless
SJR isn't going to outbid Qatar, and even if he could he surely won't want to start his tenure by pissing off all the United fans and teaming up with the Glazers. And then piss everyone off further by agreeing to pay divs, which are not that much money in the grand scheme of things.
the Glazers are done
That’s because sport washing is a made up phrase and doesn’t actually exist
It’s hard to understand why you’re making such a scenario up. Bizarre.
My bad.
Are Nice ever expected to qualify for CL? You don't notice owner influence in the first couple of years. If they are punching above their weight relative to revenue and spend, or matching it, then they are doing fine. They don't need to start winning trophies to show they are doing well.
Turning United into a self sustainable club is all we need. Don't take money out of the club. Clear the debts. Implement a smart football structure to take care of things. We will be fine if that happens.
PSG have celebrated the gay pride. There is even the story of Gana Gueye refusing to play due to the rainbow themed shirt that PSG had.
Missed a couple of pages as it changes so quickly. Have they said they will clear the existing debt because yesterday's statement didn't seem to say that.
I think the ruling class of Qatar and Saudi are actually very strong on not forcing their views on others outside of their countries when they have interests there.
There is no chance that Man Utd suddenly become and anti LGBTQ organisation if they buy us.
Someone simply finding the association with them so reprehensible that they can no longer support us is a different issue and to me opens up a whole bunch of questions about whether that is slightly hypocritical when you are typing a message from a phone made by companies like apple with all their cruel human rights violations. It all becomes a bit complex and nuanced but people will make their own minds up on what they support I suppose.
"Could and likely mean" but im wrong?
So even with reports coming out from club that Glazers would like to keep minority stke in the club is 100% false? ok.
On an A vs. B level, the Qatari bid is significantly better for the clubs future.
The Ratcliffe bid is really poor. Loans from Banks, Debt, and a statement which lacks coherence. He'd have to do a fair bit of backpeddling already, and he's only just gone public.
I won't retread on the Qatari issues associated with their bid as its been said 1000 times over, but the reality is their bid blows Jim's out the water
The Ratcliffe bid is really poor. Loans from Banks, Debt, and a statement which lacks coherence. He'd have to do a fair bit of backpeddling already, and he's only just gone public.
I won't retread on the Qatari issues associated with their bid as its been said 1000 times over, but the reality is their bid blows Jim's out the water
It’ll be whichever bid is most attractive to the Glazers. That may be highest bid, or a retained stake in the club may be attractive.
You know as well as me that they would be buying us for reasons other than football, and tbh I care what other fans think about us, they hate us, but respect us now, it's what gives an edge to rivalry, I don't want them to feel the lack of respect for about us that I feel about City for example.
This idea that 'loans are bad' needs to die; the use of loans is a normal practice in business. Why would you pay out £4-5bn, or so, in cash when you can spread the payments over a much longer period with a loan? It is pure stupidity to do anything other than taking out a loan.
I don't get why people are worried about the financial implications of being owned by Ineos:
- Ineos generated over £2bn in post-tax profit in 2021, and that is ignoring the need to add back depreciation etc. With dep'n and amort added back, their post-tax profit would be £2.8bn.
- Cash & equivalents were at £2.1bn in 2021
- On top of that, they have receivables for £2.4bn
There is nothing to have an issue with there.
I don't get why people are worried about the financial implications of being owned by Ineos:
- Ineos generated over £2bn in post-tax profit in 2021, and that is ignoring the need to add back depreciation etc. With dep'n and amort added back, their post-tax profit would be £2.8bn.
- Cash & equivalents were at £2.1bn in 2021
- On top of that, they have receivables for £2.4bn
There is nothing to have an issue with there.
Any statement of fact is wrong. There’s no yes or no answer.
Both statements leave a lot of questions unanswered. I think that's to be expected at this stage. Interested parties don't have all the info yet either so I doubt their proposals go into much detail at this point.
If we look at this carefully not only has ETH made us competitive again but he’s actually forced the sale of the club. He must have gone barmy to sign the players he wanted and the glazers reluctantly gave in, lowering our cash reserves incredibly.
We need a more stable thoughtful management structure, one who has a realistic 5 year plan including replacing ETH, I wouldn’t want us throwing money away like our last idiot ceo did. Fan ownership isn’t great just look at Barcelona.
I’d prefer Jim but what happens when Jim is gone, I hate the way PSG approach signings and the general club feel, feels chelseaesque.
We need a more stable thoughtful management structure, one who has a realistic 5 year plan including replacing ETH, I wouldn’t want us throwing money away like our last idiot ceo did. Fan ownership isn’t great just look at Barcelona.
I’d prefer Jim but what happens when Jim is gone, I hate the way PSG approach signings and the general club feel, feels chelseaesque.
Came out previously that the debt would be moved to INEOS books. Which is essentially all we need as the club wouldn't be on the hook for it nor would we pay for it. Don't care if it is ultimately just transfered to the owner or cleared as the amount of money out of the club is the same in both scenarios.
Agreed. I get the concerns though, and they should be clarified during the due diligence process.
INEOS would make us incredibly financially sound, but that won’t stop those desperate for ME ownership pretending that isn’t the case.
Surely INEOS’ bid for ‘majority’ is just an offer to buy the Glazer’s shares and then the public floated shares remain that? Think some may be reading too much into thinking the Glazers would remain but could be wrong.
Qatar wanting to buy 100% would mean buying the shares off every individual shareholder.
Qatar wanting to buy 100% would mean buying the shares off every individual shareholder.
Near enough as it turns out
Can’t wait until this is all over. Absolutely sick of reading bullshit from such desperate glory supporters trying to justify their dogshit position.
City have zero respect because they were relegation fodder and have cheated in every way financially, including cooking the books, to get where they are. United don't have to do any of that.
Inter Milan are owned by Chinese billionaires, if it wasn't for FFP they'd have bought up everyone. No one's lost respect for them.
Stay away from western propaganda.
There are a lot of boyhood United fans who don't want Qatar and would rather take Ratcliff with INEOS inheriting glazer debt.
People think they'll need to take money out of the club to pay for it like the club make enough to pay a 5 bill loan, Ineos sales are circa 50 bill a year they have the money, no sane business in any walk of life will use cash to make acquisitions just from a taxation stand point it would stupid
You would expect anyone serious to be able to get Nice into the top 2.
Also they were first in December before the summer he bought them.
What's stopping Qatar/Ratcliffe from just buying up all the non-Glazer shares right now?
Who actually watches city, psg, or newcastle and think wow how great is Saudi Arabia, Abu Dhabi etc. I don't think anybody gives a feck.
It's purely a name link only.
I dont but wich is more likely?
The two statements have 2 very different wordings about buying the club,, wich one is the most unclear?
they'd push the value of the shares (and therefore the club) up in the process
Neither of the two main contenders. But if that's our only choice then Ineos/Radcliffe by a mile
Thanks. Wouldn't the value also increase a lot when they buy the Glazer shares though?
None of the bids involve the Glazers FYI
That's what I thought, I'm just a bit confused as to why they haven't shown their hand to the fans yet.
The same boyhood United fan's involve themselves daily in consuming products or living in properties part funded by the ME. It's hypocrisy and doesn't make sense to then go and actively seek the worst deal for the club so people can continue lying to themselves.
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