Club Sale | It’s done!

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LawCharltonBest said:
So in effect the 6 siblings would all have to unanimously accept an offer?

Would be surprised if Raine don’t already know the amount they’d accept though
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It is theoretically possible for one of them to remain in control, but I think that would be very unlikely. Avram and Joel staying would be more likely, but it would take someone like Elliott to help them achieve it and I don’t see why they would want a minority share under A&J, unless there was a clear path to control of the club if they defaulted on any loans.

Yes, I’m sure the Glazers gave Raine a minimum sell price.
 
Compton22 said:


A delayed sale, but a sale nonetheless. Also the below is important and along the lines of what has been discussed today:

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I hope it's done by end of April at the latest. We really need to have everything in place to ensure this is a successful summer window for us.
 
You guys do know that the Utd Muppetiers is some American kid who lives in his parents basement, right?

Why is he used as an acceptable source here?
 
Nori- said:
Sorry if this sounds over the top but if this Qatari deal doesn't go through and we get SJR with all his debt or even worse the Glazers stay, then a lot of our own fan base will be to blame.

This is our chance to make up for years of bad ownership and the club being used as a cash cow.

Instead some have chosen to take a disingenuous high ground on Qatari ownership while happily buying sweat shop made Adidas clothing or Apple products made in Chinese factories where staff are committing suicide.

This is the time to stick together, not give the leeches we have in charge another reason to stay.
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SJR and the Qatar offer is 1000% better than Glazer ownership.

And to touch on your point, none of our opinions mean a thing, fans or not we are nowhere near important enough to make a dent or have any of these current or potential owners care.

What will happen only happens because Glazers or whoever want it to, not because.of a few caftards feelings.
 
There's not a great lot of options for them, a smaller outside investment or buying out other siblings means more debt and less value. What they can do is hold on for another year or so, the CL money will help matters a little bit and see if the buyers come in with an improved bid from now to next summer. The bids are pretty fair so I expect a sale.

It's a good time to cash in but depends on what each of the family aim to do with the money. They could just slowly ride the club down to midtable ruin and pass it on to their grand children, the value of the club can creep along still like some old real estate. You'd think they would want to put the money into other things of interest for growth they could try their luck at. Their strangulation can only go on so long.

Potential buyers will look elsewhere, United will slip further away under them, the brand they cite will diminish. Managers like ETH won't hang on for long with limited funding due to debt and interest payments taking the money and he'll likely jump ship for tens of millions to manage oil clubs or some better prospect.
 
So lemme get this straight, these scumbag crooks buy the club with barely any of their actual own wealth or money on the line, leverage the club, take money out of the club, install complete losers into positions of responsibility where they kept fecking up and now they finally get to make SEVERAL BILLION in clean profit and they turn their noses up at it and want to hold out for more?
 
It's going to be Qatar. I don't want it to be so but let's be honest.....Glazers are just playing the game. They aren't going to take the first offer they get as others have said.

I don't see anyone offering the Glazers more than Qatar sadly and they will take the highest offer as anyone would do.
 
Oh yes, I'm sure wasting potential investors time like this will convince them to throw another billion and a half at you.
 
Murder on Zidane's Floor said:
So lemme get this straight, these scumbag crooks buy the club with barely any of their actual own wealth or money on the line, leverage the club, take money out of the club, install complete losers into positions of responsibility where they kept fecking up and now they finally get to make SEVERAL BILLION in clean profit and they turn their noses up at it and want to hold out for more?
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You can thank the PL and their amazing 'fit and proper persons test' for this.

A debt free club being saddled with over 500m of debt that has nothing to do with the actual club. It should have been blocked from the start unless they agreed to take the debt on themselves.
 
Mr. Robot said:
You guys do know that the Utd Muppetiers is some American kid who lives in his parents basement, right?

Why is he used as an acceptable source here?
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Why should we believe you? How do we know that you don’t live in your parents basement giving all this information?
 
Glazers are underwhelmed with the offers…. well what did these clowns expect after 15 years of mismanagement and a huge debt burden?
 
Would be classic Glazer stuff to completely feck our summer window and absolutely shit on our momentum to milk as much money from the club as possible.
 
Escobar said:
Glazers are underwhelmed with the offers…. well what did these clowns expect after 15 years of mismanagement and a huge debt burden?
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And if they're underwhelmed now, how do they think they'll overcome this in the future by new regulations being brought in?

They've been absolutely terrible and now have no choice but to sell.
 
Nori- said:
Sorry if this sounds over the top but if this Qatari deal doesn't go through and we get SJR with all his debt or even worse the Glazers stay, then a lot of our own fan base will be to blame.

This is our chance to make up for years of bad ownership and the club being used as a cash cow.

Instead some have chosen to take a disingenuous high ground on Qatari ownership while happily buying sweat shop made Adidas clothing or Apple products made in Chinese factories where staff are committing suicide.

This is the time to stick together, not give the leeches we have in charge another reason to stay.
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Bitching because people have different opinions than you when you don't get the outcome you want? That's some warped version of "sticking together".
 
Asking price has now increased and they’re after £6b as expected so any possible sale has been put back to May.
B’stards aren’t going anytime soon.
 
feck sake - want new owners in place for the Summer. We can’t afford to be complacent in the window as Arsenal, City, Liverpool and Newcastle will all be strengthening and improving - the latter two need to spend a hell of a lot mind you.
 
To be fair Qataris are low balling a bit, if they are offering same as INEOS. They will up their bid I would expect, with a take it or leave it.
 
Murder on Zidane's Floor said:
So lemme get this straight, these scumbag crooks buy the club with barely any of their actual own wealth or money on the line, leverage the club, take money out of the club, install complete losers into positions of responsibility where they kept fecking up and now they finally get to make SEVERAL BILLION in clean profit and they turn their noses up at it and want to hold out for more?
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It's fricken mindboggling.
 
I swear most people on here must have never negotiated anything before...the idea behind a successful position in a negotiation is making sure that the other side actually feels like you might walk away if you do not get something close to your price range (which is usually somewhat unknown). The Glazers would be stupid (which they are not) to get a lower first offer and then make it seem as though they are desperate to close ASAP...they would make it known that the offer is way too low and that they would happily wait it out or not sell at all..which is exactly what is being "leaked".

But...anyone with a marginal background in finance can see they need to sell...and need to sell fast. They have been playing musical chairs by dumping debt on club, all the while taking dividends...and the music...has...stopped. If they don't sell, they will be holding a financial bag so putrid it would almost make me happy (if not for the fact that it would ruin my beloved club for decades). If they sell, they completely wipe away their debt issue, cash flow issue, and bag an incredible amount of money for their trouble. You tell me...financial bag of s**t or billions of dollars...what would you choose?

Its happening.
 
pogbasformerbarber said:
I swear most people on here must have never negotiated anything before...the idea behind a successful position in a negotiation is making sure that the other side actually feels like you might walk away if you do not get something close to your price range (which is usually somewhat unknown). The Glazers would be stupid (which they are not) to get a lower first offer and then make it seem as though they are desperate to close ASAP...they would make it known that the offer is way too low and that they would happily wait it out or not sell at all..which is exactly what is being "leaked".

But...anyone with a marginal background in finance can see they need to sell...and need to sell fast. They have been playing musical chairs by dumping debt on club, all the while taking dividends...and the music...has...stopped. If they don't sell, they will be holding a financial bag so putrid it would almost make me happy (if not for the fact that it would ruin my beloved club for decades). If they sell, they completely wipe away their debt issue, cash flow issue, and bag an incredible amount of money for their trouble. You tell me...financial bag of s**t or billions of dollars...what would you choose?

Its happening.
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Maybe I’m being thick, but if what you say is true, why are you able to recognise these ‘leaks’, and not the people attempting to buy the club, who I assume are experienced, savvy business people?
 
Posh Red said:
Maybe I’m being thick, but if what you say is true, why are you able to recognise these ‘leaks’, and not the people attempting to buy the club, who I assume are experienced, savvy business people?
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Who says they can't recognise them? They have to play this the other way and try bring the cost down. Will end up a meet in the middle scenario.
 
pogbasformerbarber said:
I swear most people on here must have never negotiated anything before...the idea behind a successful position in a negotiation is making sure that the other side actually feels like you might walk away if you do not get something close to your price range (which is usually somewhat unknown). The Glazers would be stupid (which they are not) to get a lower first offer and then make it seem as though they are desperate to close ASAP...they would make it known that the offer is way too low and that they would happily wait it out or not sell at all..which is exactly what is being "leaked".

But...anyone with a marginal background in finance can see they need to sell...and need to sell fast. They have been playing musical chairs by dumping debt on club, all the while taking dividends...and the music...has...stopped. If they don't sell, they will be holding a financial bag so putrid it would almost make me happy (if not for the fact that it would ruin my beloved club for decades). If they sell, they completely wipe away their debt issue, cash flow issue, and bag an incredible amount of money for their trouble. You tell me...financial bag of s**t or billions of dollars...what would you choose?

Its happening.
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I think this is the big worry really. As someone not versed in finance and such, I would say that your second paragraph makes sense.

However the bolded bit. The Glazers have run the club so damn poorly during their entire time here that it does sometimes make you think they might actually be pretty stupid, which is a worry when you're in a situation where you expect them to do the sensible thing.
 
Cloud7 said:
I think this is the big worry really. As someone not versed in finance and such, I would say that your second paragraph makes sense.

However the bolded bit. The Glazers have run the club so damn poorly during their entire time here that it does sometimes make you think they might actually be pretty stupid, which is a worry when you're in a situation where you expect them to do the sensible thing.
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Have they ran it poorly? Football aside as a business they have pretty much took it up to the peak, if not for covid then who knows.

They, alongside Woodward were pulling sponsors left and right at one point and now stand to make over 5bn on something which cost them less than 300m.
 
glazed said:
To be fair Qataris are low balling a bit, if they are offering same as INEOS. They will up their bid I would expect, with a take it or leave it.
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Nobody is going to go in with top dollar with an opening bid. Same as Glazers aren't going to accept the first offer they get either.

I don't see how they can stay after all this. I firmly believe we will be sold and this is all just games to get a higher asking price. £5.25 bn I reckon will do it in the end. They won't get 6 and they know they won't.
 
Marcelinho87 said:
Have they ran it poorly? Football aside as a business they have pretty much took it up to the peak, if not for covid then who knows.

They, alongside Woodward were pulling sponsors left and right at one point and now stand to make over 5bn on something which cost them less than 300m.
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They did the business part perfect imo. The sports side of the business is obviously not been perfect.

They are going to sell, but for the best possible deal they can get. It’s business and all involved knows that negotiations will go down exactly like any other deal. Selling a huge asset like Man United would normally take year(s), so if this happens in the next months it’s somewhat crazy imo.
 
Marcelinho87 said:
Have they ran it poorly? Football aside as a business they have pretty much took it up to the peak, if not for covid then who knows.

They, alongside Woodward were pulling sponsors left and right at one point and now stand to make over 5bn on something which cost them less than 300m.
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If I'm not mistaken some people posted some data that showed that relative to other clubs, these sponsorships we were pulling in were not that impressive for the size and popularity of the club and that in that regard their work was actually underwhelming.

Also it was their father who acquired the club not them. They inherited it from him.
 
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