If its been done by UK government then it wont impact Qatar bid. UK government arm twisted PL to accept PIF bid for Newcastle.
Club Sale | It’s done!
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How? They're a small minority.
I think its a lot more complicated than that. It's a legal minefield. A Tory appointee overlooking a private entity? Hmmmm...
Also if the EFL gets what they want, that is 25% of total TV revenues -- as opposed to the 16% already. Or £400+ million versus £625million quid annually.
There will be increasing revenue/cost pressures, especially on the top 6 teams (if not the top 8 teams.) The big teams will need to look for revenue streams elsewhere once the TV broadcast revenues start to level out. Once way to manage this, is if they can cap their salaries. But that would be deterimental to the PL itself.
Another issue -- the last EL match between Barca and United had 115million viewers compared to say 15-30 million viewerrs for a CL match that same night? I am sure all broadcasters will have to re-think about the current business model. It maybe inevitable.
And you assume the Glazer Bros know this -- and therefore, are flirting with the possibility of holding out? But they need cashflow to do that, thus the motley crew of financiers.
It's a public company so most of the shares are publicly traded. They are by far the biggest single shareholder.
If you look at it that way Elon Musk is a small minority shareholder of Tesla.
Pretty sure the government are actively welcoming investment from Qatar specifically - see government press release from just 2 days ago.
https://www.gov.uk/government/news/...qatar-and-the-united-kingdom-joint-communique
No, I personally think achieving the ESL dream was the modus operandi for the glazers and I think that announcement of this regulator - which was pertinently introduced in response to the ESL (was already conceived but accelerated thereafter), is a massive roadblock in the way of that ever happening.
Therefore I think the glazers are less likely to stay. As you say, the ability to grow the value of the club may level out somewhat. Not sure that broadcasting revenues will do so any time soon though.
I agree.
It will politicise the entire due diligence process of potential owners. It will also be a lobbyist heaven. Then you will just firm up the PL as the playground of the super-rich only.
I've been here since 2002 and I swear to god I've never seen a more boring thread as this one.
As an outsider, their co-operation matters very little. But what about you guys who are from the UK and against United Qatari takeover due part of their culture that you don't agree with and yet your lives are already affected by them (economically). "Qatar and the United Kingdom share a vital and flourishing trade and investment partnership, with a total trade volume of over £12.1 billion in the past year, contributing to supporting jobs, innovation and economic development in both countries". £12.1 billion is huge and seeing that article it will only grow regardless of United take over or not.
So what? They're still a tiny minority of the whole.
Yep I don't know why I keep coming back. There was briefly a tweets only thread that was good but that seems to have died out?
Your 413 posts have surely contributed towards that.
well, they control the company obviously.. that's so what
why is it so hard for you to concede such a basic thing?
embarrassing
Only a small % is actually listed and they are non-voting shares, the Glazers hold all the voting shares so the public shareholders have no say in this process.
We're discussing QIB. And the fact QIA hold something like 3/4 of the non-floating shares.
It started with promise but now its going in circles. Have we even discussed morality yet?
We really need that thread.
No. Care to elaborate?
Qatari oil, gas and investment in the UK good. Qatari buying Manchester United bad. Qatari dude not a true fan. Chelsea season ticket holder Jimmy Brexit is.
Done deal then!
This is new for me. Source please?
I had a look through. It is stated that 76% of total shares are floated in the stock exchange. I could not find the part that mentions that 3/4 of the non-floated shares are held by QIA.
They are, and they always will do because the UK economy won't grow without overseas investment.
Funny with Xavi publically stating he supports the Qatari bid because he "worked there" for 6 months. Reminded me of this story, Xavi had a nice surprise when he conveniently "won" a lottery organised by a Qatari bank (a bank with the State and QIA as large shareholders funnily enough).
Surprise
The very nature of company ownership in the country means that all the highest performing/most prestigious companies are owned by the same shareholders. There will always be an attachment to the state and the main state players. What people have to decide is if the state will have any influence in the day to day running of the club, other than possibly providing money.
Surprise
The very nature of company ownership in the country means that all the highest performing/most prestigious companies are owned by the same shareholders. There will always be an attachment to the state and the main state players. What people have to decide is if the state will have any influence in the day to day running of the club, other than possibly providing money.
The shareholders are listed just below that, they have 17% and then next person has 6
Where are the protests by the usual moralists?
Can we get this as the TLDR; for this entire thread. Masterpiece.
6 years. Not months.
Yes I can see that QIA has around 17%, while Jassim himself holds around 6%.
But this does not corroborate your claim, and I quote, "the fact QIA holds 3/4 of the non-floating shares".
It seems like this is not a fact, as you claim.
Nope. If they force the 25% of total TV revenues to go through on some populist BS (which is what they have been spewing out eg coded words like 'heritage' ), you can bet that the Big Six will be looking at alternatives.
I can add more if you want. We are open to business but no US investment, no ME investment, no Chinese investment and no Russian investment. That apply only to football erm no to United only. Qatari investment is great for the rest and no protests are made whenever qatar buy yet another piece of the UK,the UK buy gas, oil etc, it sells weapons or its national team plays a major event there. Ah and I almost forgot don't mention any reparations funds towards former colonies, any talk of Churchill being removed as the father of the nation for crimes done under his watch or the return of that famous Indian diamond the Royal family still has in its possession. Those are all no no.
Meanwhile Debt is not allowed (so only filthy rich people) unless its done by Ratcliffe which makes it ok
Long time due. Glazers will have to sell now.
TLDR; = Too long didn't read.
If you add more it kind of defies the point of TLDR, let's keep the original but I agree.
Fair enough. I thought you were referring to the youtube channel
It's so crazy. The list is like this.
1. QIA 17.2 %
2. Jassim Al-Thani 6,78 %
3. The Vanguard Group 2.44 %
4. BlackRock Fund Advisors 1.38 %
These are the only parties with ownership above 1 %, and Vanguard/BlackRock obviously aren't actively running the company because they're Vanguard and BlackRock. The state and Al-Thani are the only big sharesholders at all, and they don't run the company?
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