Club Sale | It’s done!
- Thread starter JB08
- Start date
- Status
Did they have to have registered an offer on/before Friday to be in with a chance? It would help if I knew what "soft deadline" meant.
But wont you go public if you are bidding for the most famous sports team in the world?
Not the biggest expert on this, but minority shareholders being forces to sell is done everywhere. And to be fair, since November, the share price has increased exactly for this reason, people buying shares so they sell them for more when the takeover happens.
Of course, the board proposal need to be voted by all shareholders but Glazers control the majority of shares (and voting rights).
Are the other parties interested on this happening is unclear, but Qatari has said that the bid is for 100% of shares.
I think I heard that in a youtube video from the Manchester United muppetiers
What was this tweet?
I don't think so I think it's indicative of Glazers 69% + the other remaining shares due to the way they phrased the bid "Values the club at 5 billion"
Saying that Qatar have teamed up with Bank of America for financial advice.
Very true Berba. But if we look at the chels sale for precedent, everybody went public. It was one big orgy.
Compare this with our current process, and its been eerily quiet with only two serious bidders.
Of course this could change come Monday, but I highly doubt it.
Yep, it’s called the “drag along” clause.
Ah, gotcha
ahh, that makes sense now
I think maybe the American companies don't want the potential negative PR. Just my opinion though, could quite easily be the case that no other bids have gone in.
I'm just going off from what's out there...
Avaram's frequent visits in Qatar. Main news around Qatar wanting us before soft deadline. A proper thoughtout statement when bid went in. SJR seeming to juat want publicity, following his rubbish statement. Elliot Management putting their hat in the ring but only dor offering their services, again, free advertising. And now no Saudi bid confirmed by the leading reporter on this Qatar bid.
All things point towards Qatar.
Very insightful thanks. I am in the discord but I never watch these videos, maybe I should and learn so me stuff
No I'm not a big defender nor detractor of Qatar owning PSG, french Football has been built on sugar daddying for the entirety of my life and it was the case before that. I have seen the league full of owners spending big in the 90s which was the reason behind a balanced league and I have seen a league less balanced when Seydoux and Aulas were the only one spending big. Either way it's part of what I know and PSG under QSI isn't a deviation.
I don't care about the money paid to Mbappé. I generally don't care about how much players earn.
For Ligue 1 wealthy and good teams are good, it brings spotlights which brings money for clubs. It was true for Lyon in the 2000s and it's true for PSG in the 2010s. And it's definitely not good for Ligue 1 to lose their players to wealthier leagues without having the ability to keep some of the best or attract some of the best.
As for Rashford, I support United and wants to keep him, so PSG can do one.
Far as I could ascertain the soft deadline was so soft as to be imperceptible.
People assuming it's already done seem to be forgetting a few things. They'll be subject to a fit and proper test, proof of funds which given the possibility that it is really funded by the Qatari State doesn't make it a foregone conclusion at all.
And with the League currently involved in an investigation into what amounts to corruption with another ME State owning a club, plus the fact the initial refused to sanction the Saudi takeover of Newcastle, they're likely to be extra cautious with this one.
The scrutiny of any bid will be significant. The Qatari bid will likely be under even more than others, rightly or wrongly.
And with the League currently involved in an investigation into what amounts to corruption with another ME State owning a club, plus the fact the initial refused to sanction the Saudi takeover of Newcastle, they're likely to be extra cautious with this one.
The scrutiny of any bid will be significant. The Qatari bid will likely be under even more than others, rightly or wrongly.
Logical points. I agree.
The Daily Muppet? Well that's a name I can get behind immediately.
The Saudi sponsorship pulling out was telling.
Like the one the Saudis passed? They only refused to sanction it initially due to the piracy dispute, once that was resolved it moved very quickly.
How rich are these compared to the Newcastle owners then?
Seen them on twitter a lot recently. Assume its another aftv style channel
Not really no.
If Newcastle are state backed then they are infinitely wealthier otherwise if United qatari bidders are state backed then they are wealthier.
Well I for one welcome our Qatari overloads ...
Which Caf member runs the channel? If it's @Crackers then I'm unsubscribing.
The American guy in the video, James Rhodes.
It's the difference between "feck you all when the world ends because I've got a time machine" money and "feck you all when the world ends because I've got two time machines and a full price subscription to The Athletic" money.
Biggest risk is Raine pullet a rabbit out of the hat for the rats and combining a couple of American bids to allow them to stay.
If it's a full takeover, it would have to be Qatar. No one has the money to come close but I think the Glazers would accept a lower valuation if they can stay in control.
It started off on the /r/reddevils subreddit as the "muppettiers" - a group when went fishing for itk info. In the end it all fell apart on there because they got scammed way more often than they ever got real info.
Since then it's been monetised by JRhodes as a more general aggregator.
Since then it's been monetised by JRhodes as a more general aggregator.
These oil/gas rich countries like Saudi, UAE and Qatar sit on hundreds of billions in cash ($) and trillions in assets, it doesnt make much of a difference which one owns which club, no one else can compete with their wealth.
Do you think Saudi have stayed out of it because they know Qatar have one hand on the trophy so to speak?
It'll pass. Very easy. And so will the UEFA test pass.
More probably to do with the fact they have Newcastle in the same league and the numerous of hurdles they would have had to skip to prove their separation.
At this point I'm fairly certain that if they engineered a way to stay in control, the fan backlash would make the last 20 years seem like a nice holiday.
- Status