Club Sale | It’s done!

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The fact that Elliot were at the game last night is pretty brazen , they haven’t spent a lot of time saying this should be a private process and public statements etc are frowned upon then you have one group turning up to a game. That has me worried and a bit confused.

Does it mean now Jassim can turn up at any game he wants or SJR? V strange.

They aren’t seeking to buy the club though so very different.
 
Elliot group probably means Glazers will stay and idc what anyone thinks , that’s thee worst outcome.
 
Elliott Management:

Founded in 1977
Elliott Investment Management L.P. (together with its affiliates, “Elliott”) is one of the oldest fund managers of its kind under continuous management.
As of June 30, 2022, Elliott manages approximately $55.7 billion in assets. The firm employs a staff of 499 people, including nearly half dedicated to portfolio management and analysis, trading and research, in its Florida headquarters and affiliated offices elsewhere.
Culture
The firm culture emphasizes thoroughness, hard work, creativity, and tenacity. Elliott trades in securities across the capital structure and often will take a leading role in event-driven situations to create value or manage risk.
Focus
There are a number of elements of the firm’s investment and risk-management activities that Elliott believes are essential to its goal of generating a consistent return to its investors. These elements include an opportunistic trading approach, the creation – not just the identification – of value, effective liquidity management, and managing operational and counterparty risk. The firm employs a value-added global investment approach.
 
Just in case anyone feels like going back to the early 90's Elliot website and making your feelings known
Probably shouldn't be suggesting this as it's the kinda thing that can get the caf in trouble but that is one hilariously poor website, I'll give you that.
 
The Glazers are letting them into the second round so they can either get a minority sale and keep the club for longer or to force the Qataris to pay more by saying they prefer the minority sale *wink wink

I still don’t see how this minority sale works as it would involve the Glazers reinvesting monies in to the club. Something they have never done.

I’m surprised people really see this as likely to happen based on everything we know about them.
 
I remember seeing claims Elliot already had some close links with the Glazers. I do wonder if they are rather playing along here, without any expectation of being seriously considered, as a favour to help strengthen the Glazers position.
 
I hope Qatar get this deal done ASAP. Elliot and the Glazers teaming up is like some sort of horror movie
 
I still don’t see how this minority sale works as it would involve the Glazers reinvesting monies in to the club. Something they have never done.

I’m surprised people really see this as likely to happen based on everything we know about them.
I think in the case of a minority investment, what the money will be used for will be outlined in the investment terms, not a kind of "just give us a billion and we'll return it x2, trust me bro" approach.
 
That would be an absolutely devastating nightmare.

I quiet like him.
"As well as contributing to private initiatives, Singer also actively seeks to persuade other Republicans to support gay marriage. He has joined other Wall Street executives in support of LGBT equality and stated that same-sex marriage promotes "family stability" and that in a time when "the institution of marriage in America has utterly collapsed," the fact that gay couples want to marry "is kind of a lovely thing and a cool thing and a wonderful thing."
 
Elliot or Qatar lads?

A bullet to the head is starting to appeal. Hahaha.

Jim still best option for me assuming the debt is cleared which some are saying it would be.

Qatar will still win though. I have thought that from the off.
 
These greedy lizards are a joke, just sell the club up. Sitting there as if they have build this great institution. Horrible watching this unfold.
 
These greedy lizards are a joke, just sell the club up. Sitting there as if they have build this great institution. Horrible watching this unfold.
What's worse is that it could continue but with more vultures perched on OT for years yet. Imagine how badly they're going to strip assets when there's more investors wanting a kick back?
 
I still don’t see how this minority sale works as it would involve the Glazers reinvesting monies in to the club. Something they have never done.

I’m surprised people really see this as likely to happen based on everything we know about them.
From what I see I think it’s now offering finance for others to compete a takeover as well as Glazers. There’s absolutely no suggestion, apart from early hysteria that’s been regurgitated, that they’re trying to stay unless I’ve missed something?
 
What's worse is that it could continue but with more vultures perched on OT for years yet. Imagine how badly they're going to strip assets when there's more investors wanting a kick back?

At this level, no minority investor is going to be looking for a ROI via dividends - the club's revenues simply don't support that.
 
From what I see I think it’s now offering finance for others to compete a takeover as well as Glazers. There’s absolutely no suggestion, apart from early hysteria that’s been regurgitated, that they’re not trying to stay unless I’ve missed something?

Elliott are offering finance for would-be investors/owners and/or debt financing for the OT/Carrington refurb.

Elliott don't want to own any part of United, but they are happy to secure lending for those that do.
 
I think in the case of a minority investment, what the money will be used for will be outlined in the investment terms, not a kind of "just give us a billion and we'll return it x2, trust me bro" approach.

It still means the Glazers spending money on the club though. Putting in not taking out. That’s not what they do.
 
Elliott are offering finance for would-be investors/owners and/or debt financing for the OT/Carrington refurb.

Elliott don't want to own any part of United, but they are happy to secure lending for those that do.

I bet they pitched the same thing to the former owners of AC Milan.
 
My point is more that despite not having oil money or other state-backing, they've managed to win two CLs and be runner-up twice since United last won it, proving you don't need Middle Eastern or any other state's money to compete, as some are insisting.
I would say the dynamics are different. Bayern Munich runs a monopoly in Germany. With all the talents in Germany (in addition to a few ones recruited from outside Germany) ,it almost correct to say that, winning two champions league within that specific period should be the minimum. They would only need to concentrate on the UCL without thinking about their league.

Comparatively,the situation is different in England where the EPL is gradually becoming the Super League. The competition here is very keen and Man Utd don't have the luxury to monopolise the system. We are competing with super rich teams like Chelsea,Man City and now New Castle in addition to the other household names like Liverpool, Arsenal,etc.

And very soon more teams in the EPL would be heading towards super rich owners.

I believe it would be very disgusting to see Man Utd fall down the pecking order especially seeing our bitterest rivals taken over by some of these multi-billionairs/sovereign funds/states.

I have seen enough of Citeh and I wouldn't be able to stand Liverpool taken over by such entities especially after rejecting their offers and playing moral trumpets here. I don't even want to talk about the humiliating scorelines and the kind of ordeal and humiliation they would serve us with.

This is our chance.

If you can't beat them, join them.
 
Elliott are offering finance for would-be investors/owners and/or debt financing for the OT/Carrington refurb.

Elliott don't want to own any part of United, but they are happy to secure lending for those that do.
Yeah that’s what I’m saying. The idea that they’re there to prop Galzers up if they don’t get what they want is misleading.
I can’t see how Glazers could price Qatar out but have Elliott finance the club at their ridiculous valuation. How any siblings would agree to that is insane
 
On the other hand we'd retain the moral high ground
Would we, though? Qatari ownership would undoubtedly be troubling from a principled standpoint, but the people in the higher rungs of Elliott Management seem like absolute scum too. And this is just scratching the surface...
  • Methodically invested in distressed countries, and sued them when they inevitably defaulted.
He also bashed rival hedge funds such as Elliott Management, who have invested in Argentine bonds and held out for full payment on their investments, calling their behavior immoral.
Kyle Bass big on Argentina; rips ‘immoral’ competitors
  • Raised millions for a war criminal's campaigns (i.e. George Bush).
Singer has been active in Republican Party politics and was a major contributor to George W. Bush's presidential campaigns. In 2007, he became a supporter of GOP presidential contender Rudy Giuliani.
Ballotpedia - Paul Singer
  • Proponents of settler-colonialism, and systematically fan the flames of disharmony.
Singer, 71, has been a longtime supporter of hawkish pro-Israel causes and is one of the major funders of the conservative think tank Foundation for Defense of Democracies. During the debate over the Iranian nuclear deal, Singer used his fortune to support opponents of the agreement, including by founding an anti-deal Christian group. Singer also sought to promote Christian support for Israel by signing on to partner with a fundamentalist Christian billionaire to launch a Birthright-like initiative aimed at evangelical students who want to visit Israel.
Forward 2015 - Paul Singer
 
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