2mufc0
Everything is fair game in capitalism!
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- Dragon of Dojima
truth hurts.
It'll be just a different way or wording the same thing, the Glazer's only have 69% of the club to sell, and Qatar are saying they will but 100% of what they're selling - that's the way I read itI’ve no idea how it works but thought others might.
The fact they specified 100% though, and INEOS have said 69%, seems to suggest there’s a difference and I doubt such carefully worded statements would get the details wrong.
I’m just assuming that the Qatar bid may have already had the greenlight for the other 31% if that’s even possible.
May lock the thread
What does this show? He just believes that the offer is only for the Glazers shares, it is what he literally said. He even mentioned that Qatar said that the offer is for 100% of the shares.
It'll be just a different way or wording the same thing, the Glazer's only have 69% of the club to sell, and Qatar are saying they will but 100% of what they're selling - that's the way I read it
Qatar can't get a greenlight as such because they would have to make a public offer to buy the A class shares which they haven't yet
We knowKnow I'm confused
This part isnt clear. If the bid is for entire 100% then its lower than SJR bid. If its for only Glazer share, then it is 1bn more than SJR bid. If latter is true, Ineos bid wont be accepted no matter what.
Good point.Nobody has actually formally tabled a bid yet. These are just indicative offers. Once the interested parties have been given full access to United's financial information (presumably next week) there will be a couple of rounds of formal bidding ahead, during which Raine will try to drive the price up as much as possible and look to pair off various minority investors. I wouldn't get too hung up on the prices that are currently being reported - they don't mean a whole lot and are likely to be revised in the next 3-4 weeks.
But it is his opinion. And we don’t even know what either parry has offered. The only thing we know is that INEOS have said that it is for a majority stake, so the Glazers share, while Qatar have said a full takeover. The 4B or 5B are just guesses at this stage, heck the offers might even include clearing the debt or whatever (for example the ‘4B’ Chelsea takeover actually was 2.5B to Abramovich and a pledge to invest 1.5B in the club).He believes that both Ratcliffe and the Qatari are only aiming for the 67% class B shares. The others are simply too expensive for their controlling power worth. If the Qatari want to buy all then their offer would be vastly inferior to that of Ineos. Its simply silly to bid for them at this point
I don't want the Qataris for reasons already said which won't go over again now as it's just repeating old ground......
However one thing that I'd worry about under them is bringing in players like Neymar for example. I'm loving the atmosphere at our club right now and the players are all playing like they like and respect each other. Last thing we need is adding another big time Charlie like a Neymar. Pogba n Ronaldo sucked the life out of this team and I don't want to see that repeated.
They are arsed about a PR campaign that puts one bidder way out in front and stops a bidding war though…The Gimps aren’t arsed about criticism.
Obvious Dailymail PR campaign is obvious....
also explains why it's been so quiet regarding the other bids
I doubt there will be any kind if bidding war between Jim Ratcliffe and Qatar to be honest.They are arsed about a PR campaign that makes puts one bidder way out in front and stops a bidding war though…
Yeah that part is true but seeing what they are prepared to offer, Ineos have tough competition to beatNobody has actually formally tabled a bid yet. These are just indicative offers. Once the interested parties have been given full access to United's financial information (presumably next week) there will be a couple of rounds of formal bidding ahead, during which Raine will try to drive the price up as much as possible and look to pair off various minority investors. I wouldn't get too hung up on the prices that are currently being reported - they don't mean a whole lot and are likely to be revised in the next 3-4 weeks.
I doubt there will be any kind if bidding war between Jim Ratcliffe and Qatar to be honest.
Obvious Dailymail PR campaign is obvious....
also explains why it's been so quiet regarding the other bids
Ratcliffe doesn't have the facilities or the intent to enter a bidding war with Qatar.Between two bidders? Not much chance of that descending into a bidding war, no. I very much doubt there will only be two bidders, though.
I’ve no idea how it works but thought others might.
The fact they specified 100% though, and INEOS have said 69%, seems to suggest there’s a difference and I doubt such carefully worded statements would get the details wrong.
I’m just assuming that the Qatar bid may have already had the greenlight for the other 31% if that’s even possible.
Yeah that part is true but seeing what they are prepared to offer, Ineos have tough competition to beat
His hope is the authorities block it. That’s the reason why his statement references it being an important time for football governance. Unfortunately for him I think Qatari influence beats his influence in the Tory party.Indeed. Going up against a nation state in an auction where the sellers only care about who offers highest, is an uphill battle for Ratcliffe.
But it is his opinion. And we don’t even know what either parry has offered. The only thing we know is that INEOS have said that it is for a majority stake, so the Glazers share, while Qatar have said a full takeover. The 4B or 5B are just guesses at this stage, heck the offers might even include clearing the debt or whatever (for example the ‘4B’ Chelsea takeover actually was 2.5B to Abramovich and a pledge to invest 1.5B in the club).
The details will come later, probably when the deal is made. People are just guessing at this stage.
Load us up with another loan before they leave and take the money no doubt.The Glazers are absolutely shameless
I wouldn’t even be surprised if they end up selling to their American banker mates as one final feck you to the fans.
A class shares get dividends don't they?Sure but
A- raine has zero jurisdiction on the A class shares
B - A class shares are expensive with little benefits in holding them
It's like being a whisker away from buying a penthouse only to bail out because the owner refuse to leave his favourite chair there
His hope is the authorities block it. That’s the reason why his statement references it being an important time for football governance. Unfortunately for him I think Qatari influence beats his influence in the Tory party.
Imagine the glazers cut their noses off to spite their faces and take less money because they’re rightfully being looked upon as being shite
Keegan has said it’s those two plus an unnamed US bid. Saudis haven’t bid.Yes, his best bet is the Glazers picking his bid because it is more likely to pass with the football authorities. I don't think that is likely to be decisive though. I would much rather see Ratcliffe win this auction than Qatar, but realistically, the biggest threat to Qatar is US private equity (or another nation state eg KSA). This of course all assumes the Glazers sell outright, which I'm still not wholly convinced about.
Obvious Dailymail PR campaign is obvious....
also explains why it's been so quiet regarding the other bids