Those saying our government aren’t in for us as a club , just remember our country is profiting off arms deal being sanctioned by the U.K. to sell to Saudis. There has even been high courts battles over it.
Club Sale | It’s done!
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Think this will come down to what the rest of the siblings want assuming they want out completely, that is those that are not Joel and Avram, which is probably why someone described the situation as a "Succession scenario". The outers will want what will give them the most money for their shares, which is probably a full takeover. If Joel and Avram want to buy them out, they'd probably need a humongous amount of money to make it anywhere close to what the other siblings would get out of a full takeover. I don't know what each of their percentages is, but if we assume they are equal, each of the other siblings would get 1bn GBP, if the quoted fee is met. So Joel and Avram would need to come up with almost 4bn to buyout their siblings. No one is loaning them this much money for a minority stake, which is why I suspect Apollo turned them down. Same will likely happen with Elliot.
That is good.
Manchester united shouldn't be anything to do with how Qatar do things in their country.
Fair enough if they want to hammer the owners if they bought the club, but the owners and how the club and is run and being a English team as no relevance
I'm not saying that at all. Any official statement like those released by Qatar and SJR could potentially be considered part of an offer, if the Glazers were to accept. The fact that the Qatari's are including commitments to develop OT and lots of other infrastructure in their document means they are deadly serious about being held to those promises. The fact that SJR has not included anything about that in his official statement and has relied on leaks to the press to vaguely say he will "redevelop" old trafford is weak, and shows he's not committed to the infrastructure side of things (which will be expensive).
It wasn't because they were Americans, it was because they were the Glazers.
Of course it isn’t binding. Yet another made up reason to discredit the SJR bid. This place has gone proper bonkers
Absolutely insane, anyone buying this club is gonna be investing, you can be sure of that, but my Lord there’s a crusade in here today against INEOS.
People are fecking desperate to be the new Man City. Crazy crazy place.
Are they? What have they committed to do with OT and the infrastructure?
New Stadium?
Full refurb of stadium?
New training centre?
Or, a new South Stand?
Or a new roof and upgrades of hospitality?
I send you my deepest sympathies.
As far as I can see those statements are just that at the moment, PR little different to the briefing of the press. Full on bids with, I imagine, firmer and more detailed commitments will come later in the process.
Would be funny if Sir Jim showed up to the match tomorrow. Would be a power move.
Even in the Qatari statement, that says nothing more than that they will invest in the stadium & infrastructure, there’s not a shred of solid information there, yet so many of you are lapping it up
As they sign off “More details of the bid will be released, when appropriate, if and when the bid process develops.” Which in fairness to them, is exactly how it should be, release more concrete details when the bid gets further down the line.
And there’s nothing to stop them or anyone else from backtracking if they complete the takeover. All these statements are just PR, the Glazers aren’t going to impose any conditions about what happens to the club once they’ve sold it.
Someone could claim they’ll build a new stadium whilst bidding and then in few years time say it’s not viable and forget all about it.
That’s exactly what he should do. Brilliant idea!
How do you think he would be received ?
Heard reports a week before deadline that the result may be anti climatic. What that means i'm not completely sure, but it does feel like the Glazers already know what they want. That doesn't mean it's decided though. And they have plenty of other business interests to take care of, it's normal for htem to be traveling around the world instead of resting on their laurels, hitting F5 every few minutes waiting for the bid results.
Insulting another member
Chelsea aren’t loaded with debt? What a stupid fecking take and the nerve that you’re also getting annoyed by it to boot
Oh so we should just roll over and accept the incoming debt? Bring on the debt boys it’s not a problem? Fecking moron
I think fans are aware of the negatives concerning all different bidders. But we have been suffering too much under the Glazers so some prefer an owner whos main goal is bot ROI and clears the debt.
So no Glazers at all post sale then. Happy days.
They will say it's because not state backed and not the same human rights issues
@Castia It's best if you delete the entire post.
None of the bids publicised so far involved ‘incoming debt’.
No need to get abusive.
They don't really need to commit anything though to be fair. The Glazers will take whichever offer makes them the most money, they wouldn't care if they left us with a soul eating Cthulhu as long as the money was in their account before lunch. Getting supporters on board after the fact will be their first real step so if they're changing tactic now it's fine, we're technically in the foreplay stage.
Qatar is still a better bid as things stand.
feck me mate, really?
What the feck are you talking about? Who in the name of all that is holy outside of a state can spend 5bn WITH ZERO FINANCING on a football club? And yes - Clearlake have taken debt on to fund the huge spending they’ve embarked on. It isn’t on the club just like INEOS aren’t going to put any debt on United.
I think it's the fact that INEOS said there would be no "additional" debt, leading some to think that they weren't going to clear what we already have
Can you log off and not come back?
More bids coming in should be a good thing. Guarantees the Glazers feck off. Why are people losing their shit?
I don't think anyone is losing it. The more bids the better imo, as it would almost guarantee the Glazers have to sell.
Not necessarily
He doesn't have 5bn plus lying around in cash. Not surprising really.
Sounds dangerous, like 'baby with an AR-15'.
So far INEOS statement read like a PR; QIB's statement is more convincing but I don't mind it. All bidders should also offer investing plans to the club. The board's decision should based off that.
Elliot would be by far the worst choice. We would be fecked if they will the bid (or someone financed by them). Would take Sir Jimmy Brexit taxdodger ahead of them every day.
Nerd!
But seriously, not only you are correct but if I read it correctly these are preliminary bids, none of them are supposed to make any promises because they now will be given access to the club's finances and from that point each bidder will make a concrete offer and presumably develop their own project based on the informations that they have now access to.
Based on?
Tell me exactly what we know about their bid? We have been informed that neither will leverage any debt on club. INEOS are now leaking that yes, they will of course invest in stadium & infrastructure.
So what exactly in the Qatar bid is so great that we wanna be the next Man City?
I’m personally gonna wait for further down the line, when concrete promises/visions are laid out from all bidders.
Point me in the direction of any successful European team with American owners who is not suffering now or not suffered in the past?
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