Club Sale | It’s done!

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LawCharltonBest said:
Additionally fans of other clubs clamping down on how evil Qatar is. Not because they care about human rights, but because they simply don't want to see Man Utd be successful again. Same ones would be dancing with glee if Shiek Jassim wanted to buy their club.

It is all shit reading and a horrible thing to drag out as we don't know the future of our club. I expect this week is going to be very quiet on the news front. When do we expect the next big update?
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Can you imagine, United's assets slowly getting sold away and then leased back to United? Carrington, OT, land bank... Will be a carcas
 
LordSpud said:
Off topic but what does everyone make of the Muppetiers nowadays? I remember a few years ago they were ridiculed on here with their ITKs bollocks but it seems like they've dropped that and look fairly legit now?
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I was banned from their discord for calling them out for making up stuff when it came to transfers and their fake itks.
I get confused as to why they're posted so often on this site when it's obvious they haven't got a clue.
 
LawCharltonBest said:
Surely the Glazers have to wake up and see that nobody has any confidence in their ability to run the club..

And presumably this isn't going to help with them driving the price up? If it keeps falling, perhaps Raine will leak their intention to fully sell up. Qatar or Ineos will do for me if it keeps Glazers and Hedge Funds away
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The drop in value is more likely the market pricing in a potential Glazer stay. The key technical level is about 21.80. If it drops below that, its a long way back down to pre November levels.
 
LawCharltonBest said:
Additionally fans of other clubs clamping down on how evil Qatar is. Not because they care about human rights, but because they simply don't want to see Man Utd be successful again. Same ones would be dancing with glee if Shiek Jassim wanted to buy their club.
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Just seen Paul Howard on Twitter foaming at the mouth for United to be taken over by Qatar..never thought I’d see a pool fan happy for us
 
The stock price movement is just the result of buying the rumour and selling the news, along with random Joe who piled in and is now panic selling given the media reports that the Glazers might stick around, which are mostly based on journos added 2+2 and coming up with a potato.

Things will be quiet for a while with DD going on, but the journos will keep talking to generate those clicks.
 
JagUTD said:
Some slightly annoying guy on YouTube has done a fairly in-depth dive into the Qatar bid and torn it to shreds for the farce that it is.

HITC Sevens is the channel and the narrator has that monotonous sarcastic voice, but the content is worth watching.

It goes deeper into who Qatar are, and it's not pretty, treatment of certain groups pales in comparison, who the guy taking over us is and how it's impossible for him to have anywhere near the funds required, nor for his dad to have the required wealth.
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have you got a link to this please?
 
If the Glazers had any doubt of surviving keeping United without a massive financial loss then that doubt had probably ended.
 
LordSpud said:
Off topic but what does everyone make of the Muppetiers nowadays? I remember a few years ago they were ridiculed on here with their ITKs bollocks but it seems like they've dropped that and look fairly legit now?
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Only reason I don’t watch that fella is he has some horrendous takes .

He really wanted poch over Erik was Banging on about Martínez being too small for the Prem. He always constantly defended Maguire regardless of how poor he was and for some reason he really wants an American owner (Liberty media )

knows feck all
 
Revan said:
They essentially are famous for a) buying bonds of states that are almost going to default and then court litigations with them for years until the state pays (Argentina is the most extreme example where they kept the bonds for 15 years doing court litigations with them, at some stage they even convinced Ghana to give to them an Argentinian navy ship, which was later overruled by some higher court), b) buying stakes at companies and forcing them to make changes and do whatever Elliot says, at times by doing literally blackmailing (in one case they found records from the divorce of the company’s CEO which amongst other things showed that he used physical abuse on his ex-wife and Elliot published them forcing the CEO to resign).

They are arguably the most feared hedge fund, and use the most extreme tactics to force states/companies do their bidding. Paul Singer (the founder) is also one of the biggest donors to GOP (around same level as Koch brothers and Robert Mercer).
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In other words they're an activist distressed fund.
 
Judas said:
I thought business wise Glazers weren't idiots, but the tanking of the stock is bonkers idiocy.
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They are not that sharp either. Look at our finances from last 5 years. Not a good picture

They’ve made their money from real estate and rentals hardly something you need a brain for
 
JagUTD said:
Some slightly annoying guy on YouTube has done a fairly in-depth dive into the Qatar bid and torn it to shreds for the farce that it is.

HITC Sevens is the channel and the narrator has that monotonous sarcastic voice, but the content is worth watching.

It goes deeper into who Qatar are, and it's not pretty, treatment of certain groups pales in comparison, who the guy taking over us is and how it's impossible for him to have anywhere near the funds required, nor for his dad to have the required wealth.
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Link?
 
Zaphod2319 said:
Man City, Newcastle, and PSG do not feel less about being the sports washing machine of horrible human rights countries. They see nothing wrong with it. It is the rest of the football world that judges them harshly. All MU fans could warm up to the idea, it would still be a sports washing machine for a horrible situation. Most of the fans here were very critical of the World Cup because of who hosted it. Now they might get a shiny new stadium and all is fine.
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How did you justify Romans money to yourself in the end? We all need some tips if it happens and most Chelsea fans will be best placed to explain what having no morals is like.
 
Suedesi said:
Thanks - could not take that voice for more than 3 minutes
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Yes, highly irritating. I propose we station him outside Joel Glazer's house with a megaphone and a copy of War and Peace and leave him there until Joel relents and agrees to sell the club.
 
JagUTD said:
Some slightly annoying guy on YouTube has done a fairly in-depth dive into the Qatar bid and torn it to shreds for the farce that it is.

HITC Sevens is the channel and the narrator has that monotonous sarcastic voice, but the content is worth watching.

It goes deeper into who Qatar are, and it's not pretty, treatment of certain groups pales in comparison, who the guy taking over us is and how it's impossible for him to have anywhere near the funds required, nor for his dad to have the required wealth.
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Annoying John Oliver type voice, but quality content. Thoroughly enjoyed this.

 
James_42 said:
I was banned from their discord for calling them out for making up stuff when it came to transfers and their fake itks.
I get confused as to why they're posted so often on this site when it's obvious they haven't got a clue.
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Utd Muppetiers are a bunch of American kids who know absolutely nothing about anything. They also make actual money from their BS now too.

The amount of fans we have here on RedCafe who share tweets from them BS Merchants and also Utd Stand tells you a lot about our online fanbase.
 
no one finding it odd that some dude who doesn't even have a wiki page, that almost nobody knows even exists, is the guy fronting the supposed world record bid for us.
 
Raoul said:
Annoying John Oliver type voice, but quality content. Thoroughly enjoyed this.

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Yeh, I enjoy watching his content, often on obscure topics outside the normal footballing world.

And I'm sure he will have a follow up regarding the other bids in time.

Apologies to those asking for a link, assumed I couldn't yet post them so dropped the channel name. Thanks to those that have since shared the link.
 
mu4c_20le said:
no one finding it odd that some dude who doesn't even have a wiki page, that almost nobody knows even exists, is the guy fronting the supposed world record bid for us.
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In fairness he does have a wikipedia (https://en.wikipedia.org/wiki/Jassim_bin_Hamad_Al_Thani). The fact that not even the people around him know what age he is or whether he's married is odd, as is the fact he's somehow made so much working as the chairman of a bank that has revenues of less than $2bn a year and is bidding through a company that doesn't currently exist.
 
Revan said:
They essentially are famous for a) buying bonds of states that are almost going to default and then court litigations with them for years until the state pays (Argentina is the most extreme example where they kept the bonds for 15 years doing court litigations with them, at some stage they even convinced Ghana to give to them an Argentinian navy ship, which was later overruled by some higher court), b) buying stakes at companies and forcing them to make changes and do whatever Elliot says, at times by doing literally blackmailing (in one case they found records from the divorce of the company’s CEO which amongst other things showed that he used physical abuse on his ex-wife and Elliot published them forcing the CEO to resign).

They are arguably the most feared hedge fund, and use the most extreme tactics to force states/companies do their bidding. Paul Singer (the founder) is also one of the biggest donors to GOP (around same level as Koch brothers and Robert Mercer).
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Yuck. Sounds like the real-world equivalent to the hedgies from Billions.
 
enghuei said:
There you go.

https://m.marketscreener.com/quote/stock/QATAR-ISLAMIC-BANK-Q-P-S-6498229/company/
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Cheers. I've seen that, but the total shareholder percentage is not 100%. I found the additional information below.

Qatar Holding LLC being wholly owned by QIA. Which would mean QIA with at least 34%.

It also suggests that Al Thani holds an additional 6.5% personally.

Thoughts?

https://simplywall.st/stocks/qa/ban...ank-qpscs-dsmqibk-biggest-owners-are-individu

Our data shows that Qatar Investment Authority is the largest shareholder with 17% of shares outstanding. Qatar Holding LLC is the second largest shareholder owning 17% of common stock, and Hamad Bin Jassim Bin Jabr Bin Al Thani holds about 6.5% of the company stock.
 
lsd said:
So is his father the guy who actually owns PSG?
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No, his father is the former PM and former CEO of QIA who handed King Charles (then Prince Charles) £3m in cash and who is accused of transferring funds to affiliates of Al-Qaeda.
 
RORY65 said:
In fairness he does have a wikipedia (https://en.wikipedia.org/wiki/Jassim_bin_Hamad_Al_Thani). The fact that not even the people around him know what age he is or whether he's married is odd, as is the fact he's somehow made so much working as the chairman of a bank that has revenues of less than $2bn a year and is bidding through a company that doesn't currently exist.
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That someone's created in the last week or so. As you say, the lack of details around him is odd.

I know he's not very popular on here, but Phil Brown has done a decently informative discussion on his Beyond The Pitch podcast with journalist Nick Harris who's convinced this guy is clearly a front for a state bid:

 
lsd said:
So is his father the guy who actually owns PSG?
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Kind of, but not really. Qatar is owned by QSI which is fully owned by Qatar’s sovereign fund. When the deal was made, the chairman of Qatar’s sovereign fund was this guy’s father, and he apparently personality authorized the transaction.

When the Emir abdicated, the new Emir wanted his own people in key positions so since then this guy’s father is not involved in Qatar’s politics and now lives as private citizen, with many businesses in London.
 
Anyone know when we find out any developments? Is there another deadline?
 
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