Club Sale | It’s done!

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Forget about losing 7-0 to Liverpool or even winning the League Cup, this is arguably the defining moment of this season.

The season where the ball and chain was removed from our ankle after 18 years.
 
Manchester United are on sale and they are in a mess. The Glazers are hated by their main customers, the infrastructure is in shambles and the financials aren't looking good at all. They basically want top dollar for something that is going in pieces. What do you expect them to say? Please get it off our hands?
 
We can only speculate but by currents thoughts are this -
  • As reported as far back as last year, the Glazers may already have a buyer lined up for united, original reports were that this would most likely be an American consortium.
  • Raine Group are being used for the sale who only progressed US based bids for Chelsea.
  • Raine Group did not want news of bids from JR Qatar to be made public - why? because fans may unanimously throw their weight behind one of the bids and reduce the Glazers bargaining position. There are two other significant bids that are private.
  • The Glazers only concern is money - that is getting the most they can now and balancing this with not losing out in case the clubs value sky-rockets in the next 5-10 years.
  • There is now talk of the glazers wanting to retain a decent sized stake, if retaining not control (say 30% as an example).
Balancing the Glazers only two interests, above, and knowing that they can't increase the value of the club themselves with the necessary investment etc. I suspect that there is a US based consortium who have been lined up, who are willing to put in the $5-6bn to buy a majority stake and upgrade OT and facilities etc, all with a view to increasing the clubs value over the next 5-10 years. This will in turn increase the value of the Glazers remaining stake, so that the club can be sold for a much larger profit ($10-12bn perhaps) in future - a relatively short term investment that generates a huge profit for all involved.

I essentially think that the public process that is being followed may be a forgone conclusion with the likeliest scenario being US based consortium ownership and the Glazers milking their remaining stake in the coming years. We might end up with several parasitic US billionaires trying to flip a quick profit on the club.

My biggest issue with this is I don't think being the best team/club in the world is a motivation of the above.
 
MUFC OK said:
We can only speculate but by currents thoughts are this -
  • As reported as far back as last year, the Glazers may already have a buyer lined up for united, original reports were that this would most likely be an American consortium.
  • Raine Group are being used for the sale who only progressed US based bids for Chelsea.
  • Raine Group did not want news of bids from JR Qatar to be made public - why? because fans may unanimously throw their weight behind one of the bids and reduce the Glazers bargaining position. There are two other significant bids that are private.
  • The Glazers only concern is money - that is getting the most they can now and balancing this with not losing out in case the clubs value sky-rockets in the next 5-10 years.
  • There is now talk of the glazers wanting to retain a decent sized stake, if retaining not control (say 30% as an example).
Balancing the Glazers only two interests, above, and knowing that they can't increase the value of the club themselves with the necessary investment etc. I suspect that there is a US based consortium who have been lined up, who are willing to put in the $5-6bn to buy a majority stake and upgrade OT and facilities etc, all with a view to increasing the clubs value over the next 5-10 years. This will in turn increase the value of the Glazers remaining stake, so that the club can be sold for a much larger profit ($10-12bn perhaps) in future - a relatively short term investment that generates a huge profit for all involved.

I essentially think that the public process that is being followed may be a forgone conclusion with the likeliest scenario being US based consortium ownership and the Glazers milking their remaining stake in the coming years. We might end up with several parasitic US billionaires trying to flip a quick profit on the club.

My biggest issue with this is I don't think being the best team/club in the world is a motivation of the above.
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~100% profit in 5 to 10 years isn't that good? Over 10 years you're barely beating current inflation.
 
MUFC OK said:
We can only speculate but by currents thoughts are this -
  • As reported as far back as last year, the Glazers may already have a buyer lined up for united, original reports were that this would most likely be an American consortium.
  • Raine Group are being used for the sale who only progressed US based bids for Chelsea.
  • Raine Group did not want news of bids from JR Qatar to be made public - why? because fans may unanimously throw their weight behind one of the bids and reduce the Glazers bargaining position. There are two other significant bids that are private.
  • The Glazers only concern is money - that is getting the most they can now and balancing this with not losing out in case the clubs value sky-rockets in the next 5-10 years.
  • There is now talk of the glazers wanting to retain a decent sized stake, if retaining not control (say 30% as an example).
Balancing the Glazers only two interests, above, and knowing that they can't increase the value of the club themselves with the necessary investment etc. I suspect that there is a US based consortium who have been lined up, who are willing to put in the $5-6bn to buy a majority stake and upgrade OT and facilities etc, all with a view to increasing the clubs value over the next 5-10 years. This will in turn increase the value of the Glazers remaining stake, so that the club can be sold for a much larger profit ($10-12bn perhaps) in future - a relatively short term investment that generates a huge profit for all involved.

I essentially think that the public process that is being followed may be a forgone conclusion with the likeliest scenario being US based consortium ownership and the Glazers milking their remaining stake in the coming years. We might end up with several parasitic US billionaires trying to flip a quick profit on the club.

My biggest issue with this is I don't think being the best team/club in the world is a motivation of the above.
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That's some reach. :lol:
 
In what world do they expect people, especially fans, to expect that they are emotionally attached to United? If you're emotionally attached then don't treat the fecking thing like a mainline IV drip to repair the massive amount of debt that you have, while you add nothing back.

These guys own the Buccaneers too and even thought that's an American sports team I'd be hard pushed to believe they're even emotionally attached to that.

At this point I genuinely think they will do anything to force these bidders to meeting their stupid over-valuations of the club. Nobody is going believe you pretending to shed tears from your robotic faces, just give it up and walk away for the sake of everbody's embarrassment.
 
MUFC OK said:
Its a hypothesis, let's see :smirk:
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I'll make my own they will sell to whoever puts the most money on the table and it's highly likely to be Qatar.

its in Raine groups interest to get as much money as possible as they will score a % of the transaction, doesn't make sense for them to look for an operating partner for the glazers.
 
MUFC OK said:
We can only speculate but by currents thoughts are this -
  • As reported as far back as last year, the Glazers may already have a buyer lined up for united, original reports were that this would most likely be an American consortium.
  • Raine Group are being used for the sale who only progressed US based bids for Chelsea.
  • Raine Group did not want news of bids from JR Qatar to be made public - why? because fans may unanimously throw their weight behind one of the bids and reduce the Glazers bargaining position. There are two other significant bids that are private.
  • The Glazers only concern is money - that is getting the most they can now and balancing this with not losing out in case the clubs value sky-rockets in the next 5-10 years.
  • There is now talk of the glazers wanting to retain a decent sized stake, if retaining not control (say 30% as an example).
Balancing the Glazers only two interests, above, and knowing that they can't increase the value of the club themselves with the necessary investment etc. I suspect that there is a US based consortium who have been lined up, who are willing to put in the $5-6bn to buy a majority stake and upgrade OT and facilities etc, all with a view to increasing the clubs value over the next 5-10 years. This will in turn increase the value of the Glazers remaining stake, so that the club can be sold for a much larger profit ($10-12bn perhaps) in future - a relatively short term investment that generates a huge profit for all involved.

I essentially think that the public process that is being followed may be a forgone conclusion with the likeliest scenario being US based consortium ownership and the Glazers milking their remaining stake in the coming years. We might end up with several parasitic US billionaires trying to flip a quick profit on the club.

My biggest issue with this is I don't think being the best team/club in the world is a motivation of the above.
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If they had a US consortium line up who offered all that then they wouldn't have been bothered going into this process at all. Let's not forget that the Glazers will have to show united's financial books, they have to pay Raine and if they remain the club will have the fans with pitchforks
 
Bosws87 said:
I'll make my own they will sell to whoever puts the most money on the table and it's highly likely to be Qatar.

its in Raine groups interest to get as much money as possible as they will score a % of the transaction, doesn't make sense for them to look for an operating partner for the glazers.
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Raine are acting on the instruction of the Glazers though. Wouldn't be surprised at all if they decide they want to keep a chunk and retain certain privileges with a view to generating more profit in future. It would be a contingency in case the club's value goes through the roof in future.
 
MUFC OK said:
Raine are acting on the instruction of the Glazers though. Wouldn't be surprised at all if they decide they want to keep a chunk and retain certain privileges with a view to generating more profit in future. It would be a contingency in case the club's value goes through the roof in future.
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The clubs value is not going through the roof there isn't loads of money to be made at top football that's why these endless oil states are taking it up as profit isn't their incentive.

The glazers are in the same position as the house boom looks now for many of our parents generation where they bought something for in todays terms "nothing" and now its 10x +
 
MUFC OK said:
Raine are acting on the instruction of the Glazers though. Wouldn't be surprised at all if they decide they want to keep a chunk and retain certain privileges with a view to generating more profit in future. It would be a contingency in case the club's value goes through the roof in future.
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I am curious as to how does this minority investment work? The Glazers pocket the money, the new investor will have to pump money into the infra/playing staff to increase the value of the club going forward assuming ESL is dead in the water and TV rights income has plateaued. Meanwhile the Glazers have no money to invest in the club, so basically the new investors will be giving the Glazers a free ride because they think it's good business?

I don't think any billionaire would be stupid enough to do something like that and keep Glazers in any capacity.
 
AlPistacho said:
Interesting read.

https://www.thetimes.co.uk/article/...er-united-bid-uk-football-club-2023-zbclspcrm
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Thanks for posting

In essence, they are very very very rich. And if they are as serious about buying United as it seems they are (with the creation of the foundation, hiring lawyers, advisors and the statement) then they will definitely get United. Just depends if they have a limit on the purchase / The Glazers try to take the piss

Whether they get United or end up getting another club, I can see that club soon becoming the most formidable club in the World. Especially United, who'd be able to outspend any club in the World debt-free anyway.
 
Bosws87 said:
The clubs value is not going through the roof there isn't loads of money to be made at top football that's why these endless oil states are taking it up as profit isn't their incentive.
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In it's current format you might be right but the TV rights deal expires in 2025 and the next one may be significantly larger with Apple interested. I still worry about the potential for a Super League too so we can't say that for sure.
 
MUFC OK said:
In it's current format you might be right but the TV rights deal expires in 2025 and the next one may be significantly larger with Apple interested. I still worry about the potential for a Super League too so we can't say that for sure.
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I thought all projections were the next tv deal will be significantly lower and it was overpaid massively.

Long time since i even looked at it tbf.
 
MUFC OK said:
We can only speculate but by currents thoughts are this -
  • As reported as far back as last year, the Glazers may already have a buyer lined up for united, original reports were that this would most likely be an American consortium.
  • Raine Group are being used for the sale who only progressed US based bids for Chelsea.
  • Raine Group did not want news of bids from JR Qatar to be made public - why? because fans may unanimously throw their weight behind one of the bids and reduce the Glazers bargaining position. There are two other significant bids that are private.
  • The Glazers only concern is money - that is getting the most they can now and balancing this with not losing out in case the clubs value sky-rockets in the next 5-10 years.
  • There is now talk of the glazers wanting to retain a decent sized stake, if retaining not control (say 30% as an example).
Balancing the Glazers only two interests, above, and knowing that they can't increase the value of the club themselves with the necessary investment etc. I suspect that there is a US based consortium who have been lined up, who are willing to put in the $5-6bn to buy a majority stake and upgrade OT and facilities etc, all with a view to increasing the clubs value over the next 5-10 years. This will in turn increase the value of the Glazers remaining stake, so that the club can be sold for a much larger profit ($10-12bn perhaps) in future - a relatively short term investment that generates a huge profit for all involved.

I essentially think that the public process that is being followed may be a forgone conclusion with the likeliest scenario being US based consortium ownership and the Glazers milking their remaining stake in the coming years. We might end up with several parasitic US billionaires trying to flip a quick profit on the club.

My biggest issue with this is I don't think being the best team/club in the world is a motivation of the above.
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Problem with these thoughts are, currently no profit to be had, considering the outlay even as a partial purchase is in the billions the only possible upside would be a future sale, there are better prospects for actual dividends out there, way more.

The idea that any sports club is going to reach the dizzy heights of 10bn plus in the next few years is pie in the sky, the only reason the Glazer's can ask for such a high price for Utd now is the intangible value of the prestige of owning one of the great sporting institutions, however without significant redevelopment and continued success this will shrink not grow, we have already seen that Utd's draw has been eaten away by the rise of other clubs.... the football world outside of the UK is more fickle and happy to change allegiance.

And I know we know this but seriously are the Glazer's the greediest b'stards in the world, making a something like a 4000% profit on their initial investment (including debt repayments and dividends probably around 3000% without), it is not like either Joal or Avram are going to live long enough to see 10bn absolute scum
 
Marcelinho87 said:
Would be very naïve of us to think this is been done by the book and not possibly further on than is let on.

Same happens in workplaces, adverts for jobs go out as required by law but many times the candidate is already known.
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I don't think you can compare a job at a company with a massive takeover. I think if it was much further along we would probably just have been down to one bidder yet Qatar/SJR are there still.
 
LawCharltonBest said:
Thanks for posting

In essence, they are very very very rich. And if they are as serious about buying United as it seems they are (with the creation of the foundation, hiring lawyers, advisors and the statement) then they will definitely get United. Just depends if they have a limit on the purchase / The Glazers try to take the piss

Whether they get United or end up getting another club, I can see that club soon becoming the most formidable club in the World. Especially United, who'd be able to outspend any club in the World debt-free anyway.
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Are you able to dm me the transcript, please?
 
Plant0x84 said:
An assumption on your part based on bias then. That’s what I thought.
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What are your qualifications then? Because anyone with a sense of idea about these things knows you have to make assumptions.

That's how life works but you want to live in some wonderland that doesn't exist.
 
MUFC OK said:
We can only speculate but by currents thoughts are this -
  • As reported as far back as last year, the Glazers may already have a buyer lined up for united, original reports were that this would most likely be an American consortium.
  • Raine Group are being used for the sale who only progressed US based bids for Chelsea.
  • Raine Group did not want news of bids from JR Qatar to be made public - why? because fans may unanimously throw their weight behind one of the bids and reduce the Glazers bargaining position. There are two other significant bids that are private.
  • The Glazers only concern is money - that is getting the most they can now and balancing this with not losing out in case the clubs value sky-rockets in the next 5-10 years.
  • There is now talk of the glazers wanting to retain a decent sized stake, if retaining not control (say 30% as an example).
Balancing the Glazers only two interests, above, and knowing that they can't increase the value of the club themselves with the necessary investment etc. I suspect that there is a US based consortium who have been lined up, who are willing to put in the $5-6bn to buy a majority stake and upgrade OT and facilities etc, all with a view to increasing the clubs value over the next 5-10 years. This will in turn increase the value of the Glazers remaining stake, so that the club can be sold for a much larger profit ($10-12bn perhaps) in future - a relatively short term investment that generates a huge profit for all involved.

I essentially think that the public process that is being followed may be a forgone conclusion with the likeliest scenario being US based consortium ownership and the Glazers milking their remaining stake in the coming years. We might end up with several parasitic US billionaires trying to flip a quick profit on the club.

My biggest issue with this is I don't think being the best team/club in the world is a motivation of the above.
Click to expand...

I think most have covered the glaring reasons as why the Glazers won't go down this route.

However, 10-12 years time, how old are Avram and Joel going to be? They're the two main one's who want to hold on.

Why would they want to Wait for so long, to maybe not even see a return on their investment?
 
MUFC OK said:
We can only speculate but by currents thoughts are this -
  • As reported as far back as last year, the Glazers may already have a buyer lined up for united, original reports were that this would most likely be an American consortium.
  • Raine Group are being used for the sale who only progressed US based bids for Chelsea.
  • Raine Group did not want news of bids from JR Qatar to be made public - why? because fans may unanimously throw their weight behind one of the bids and reduce the Glazers bargaining position. There are two other significant bids that are private.
  • The Glazers only concern is money - that is getting the most they can now and balancing this with not losing out in case the clubs value sky-rockets in the next 5-10 years.
  • There is now talk of the glazers wanting to retain a decent sized stake, if retaining not control (say 30% as an example).
Balancing the Glazers only two interests, above, and knowing that they can't increase the value of the club themselves with the necessary investment etc. I suspect that there is a US based consortium who have been lined up, who are willing to put in the $5-6bn to buy a majority stake and upgrade OT and facilities etc, all with a view to increasing the clubs value over the next 5-10 years. This will in turn increase the value of the Glazers remaining stake, so that the club can be sold for a much larger profit ($10-12bn perhaps) in future - a relatively short term investment that generates a huge profit for all involved.

I essentially think that the public process that is being followed may be a forgone conclusion with the likeliest scenario being US based consortium ownership and the Glazers milking their remaining stake in the coming years. We might end up with several parasitic US billionaires trying to flip a quick profit on the club.

My biggest issue with this is I don't think being the best team/club in the world is a motivation of the above.
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It makes no sense for any investor to essentially overpay for Utd, spend billions on investment and have the Glazers with 30%. If your total investment is 7-8bn, even if the club is worth 10bn your at best only breaking even because the Glazers own 30%.
 
Rightnr said:
What are your qualifications then? Because anyone with a sense of idea about these things knows you have to make assumptions.

That's how life works but you want to live in some wonderland that doesn't exist.
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What is wonderland about somebody who is personally worth £16b and whose company is worth £65b can probably afford to finance a 1b renovation of OT and the club can take the hit of reduced revenue for a bit - to then have increased revenue making up for the loss after the new stand is finished?
Your original point was nonsensical and biased beyond belief.
I’d also have to assume (forgive me that) that Raine will filter out those who don’t have the access to required liquidity to make the sale a success.
 
Plant0x84 said:
What is wonderland about somebody who is personally worth £16b and whose company is worth £65b can probably afford to finance a 1b renovation of OT and the club can take the hit of reduced revenue for a bit - to then have increased revenue making up for the loss after the new stand is finished?
Your original point was nonsensical and biased beyond belief.
I’d also have to assume (forgive me that) that Raine will filter out those who don’t have the access to required liquidity to make the sale a success.
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Ratcliffe is not cash rich, you're just demonstrating your lack of knowledge there. And even if he was, he doesn't seem like someone who wants to actually spend his own money on the project. The guy is already talking about doing things slowly and yet you gloss over that point.

As for Raine making sure he's got liquidity, their only mandate is making maximum cash for the rats, so there we go again with your naivety.

And it's not me who's biased in favour of a given bid, it's you because you want a certain type of owner (that only exists in your head). My only bias is towards United being successful in the future and living in the real world.
 
LawCharltonBest said:
Thanks for posting

In essence, they are very very very rich. And if they are as serious about buying United as it seems they are (with the creation of the foundation, hiring lawyers, advisors and the statement) then they will definitely get United. Just depends if they have a limit on the purchase / The Glazers try to take the piss

Whether they get United or end up getting another club, I can see that club soon becoming the most formidable club in the World. Especially United, who'd be able to outspend any club in the World debt-free anyway.
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I mean Qatar have owned PSG for 12 years and that isn't the case, money in itself doesn't guarantee anything.
 
I am happy that it looks like Qatari is the favorite. Hope things will move much faster from now on. Looking forward to proper investment in the squad, new stadium and world class training infrastructure.

The last thing I want to hear now is the Glazers are more "emotionally attached" to the club now. We need these pests to feck off asap.
 
stevoc said:
I mean Qatar have owned PSG for 12 years and that isn't the case, money in itself doesn't guarantee anything.
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Lets be realistic here, if PSG were based in the premier league they would be a different monster.
 
Woziak said:
Had Manchester United employed competent efficient executives in the summer we would have got Antony and L Martinez done much earlier, Saved £40-45m and probably bought Gatkpo in the summer or the winter to give ETH more options, having known previously you can’t rely on A Martial or a 38 year old Ronaldo but we didn’t and it was just the same as every season, scampering to get a player we wanted, looking fir that cheap workd class star that was past his best, always paying over the odds and giving out inflated contracts just to get the deal done.
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Are you ignoring that Man United were not the only team involved in the bidding for Martinez?
 
Woziak said:
Had Manchester United employed competent efficient executives in the summer we would have got Antony and L Martinez done much earlier, Saved £40-45m and probably bought Gatkpo in the summer or the winter to give ETH more options, having known previously you can’t rely on A Martial or a 38 year old Ronaldo but we didn’t and it was just the same as every season, scampering to get a player we wanted, looking fir that cheap workd class star that was past his best, always paying over the odds and giving out inflated contracts just to get the deal done.
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Right, he comes Mr Hindsight with all the information and knowledge.

United went in for a ST called Darwin Nunez, did not want to pay what Liverpool paid as we didnt see that value, so Liverpool signed him.

I suggest you have concrete knowledge that Lisandro could have been cheaper? Because before us, Arsenal went in for him and all their bids got rejected.. so it is clear, he wouldn't have been cheaper than that.

We had a budget in the summer which included Casemiro, Lisandro, Malacia and Eriksen.. we started the season and realised we need a RW, Antony was one EtH had worked with and a conversation would have had with the manager, its £80m what do you think. He probably said, I need him, he is worth the money, which is why we paid it, we overspent on our budget to BACK the manager.

So, are you trying to say, Ten had is not competent?
 
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