Club Sale | It’s done!

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cyberman said:
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
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Yeah it just seems like they are being brought in as a potential source of funds should Ineos or any other unknown bidders wish or need to borrow money to go through with the purchase. They are probably irrelevant for the Qatar bid, but others may wish to use them.
 
Invictus said:
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.

Kyle Bass big on Argentina; rips ‘immoral’ competitors
  • Raised millions for a war criminal's campaigns (i.e. George Bush).

Ballotpedia - Paul Singer
  • Proponents of settler-colonialism, and systematically fan the flames of disharmony.

Forward 2015 - Paul Singer
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No no, they are ethical…. Only Middle East has issues….
 
TheReligion said:
It still means the Glazers spending money on the club though. Putting in not taking out. That’s not what they do.
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correct. And also worth noting, if we can see through any minority investment bid immediately as not realistic, and never going to happen, you can bet SJR and Qatar can too. Feck me the glazers are just dumb as the rats they are. Can’t wait for them to feck off
 
cyberman said:
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?
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Glazed keep making statements that they are reluctant to sell and want their £6b valuation met.

Call it negotiation, posturing, tactics whatever you want, but there is no smoke without fire, they leeches could stay and groups like Elliot would love to make that happen while taking a slice of the United cake.

Id rather see it burn than the Glazers stay at the end of this process (despite previous hopefully optimistic posts about leopards changing their spots!).
 
Invictus said:
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.

Kyle Bass big on Argentina; rips ‘immoral’ competitors
  • Raised millions for a war criminal's campaigns (i.e. George Bush).

Ballotpedia - Paul Singer
  • Proponents of settler-colonialism, and systematically fan the flames of disharmony.

Forward 2015 - Paul Singer
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Great stuff!

The one thing that sticks out with Qatar is that we would be owned by a ~ dictatorship. I don’t know how to rate that from a moral point of view, but if we were owned by criminals, they could/should be caught (although we know that won’t happen that often). If owned by a family who writes the laws for everyone else, it’s of course complicated.
 
Invictus said:
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.

Kyle Bass big on Argentina; rips ‘immoral’ competitors
  • Raised millions for a war criminal's campaigns (i.e. George Bush).

Ballotpedia - Paul Singer
  • Proponents of settler-colonialism, and systematically fan the flames of disharmony.

Forward 2015 - Paul Singer
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And the cnut's not even a United fan.
 
McTerminator said:
Glazed keep making statements that they are reluctant to sell and want their £6b valuation met.

Call it negotiation, posturing, tactics whatever you want, but there is no smoke without fire, they leeches could stay and groups like Elliot would love to make that happen while taking a slice of the United cake.

Id rather see it burn than the Glazers stay at the end of this process (despite previous hopefully optimistic posts about leopards changing their spots!).
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What statements?
 
cyberman said:
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
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Nobody seems to know precisely how far Elliott's offer of finance extends. Are they purely willing to lend to new owners/investors or are they also willing to finance, for example, Joel & Avi buying out their four siblings. We don't know a great deal about the Glazer family internal politics, but if Elliott are prepared to lend to Joel & Avi, they will surely(!) need to offer their siblings a per-share price that matches what they are being offered by Ineos/Qatar in the full takeover bids. That is a lot of money. The two brothers tried and failed to secure finance for this last summer - I think it is more likely that Elliott are purely offering to lend to new owners/investors (the latter of which could see Joel & Avi remain), but it's all guesswork at the moment.
 
I am just trying to see what will glazers gain from the partial sale. Let’s say they get 1bn for approx. 20% stake (5bn valuation)..

Will they pocket the money or they looking to reinvest in training facilities, players and ground (1bn isn’t enough)

If they pocket the cash, there is no way they can be successful on pitch where it all matters especially with Chelsea, Newcastle, City all having deep pockets while Pool and Arsenal having solid structures.

They will just reduce the future value of the club if they don’t invest…

On the other hand, sell for 5bn. Buy another team in US or Europe and sell for 5x in few years time….
 
Gurtej said:
I am just trying to see what will glazers gain from the partial sale. Let’s say they get 1bn for approx. 20% stake (5bn valuation)..

Will they pocket the money or they looking to reinvest in training facilities, players and ground (1bn isn’t enough)

If they pocket the cash, there is no way they can be successful on pitch where it all matters especially with Chelsea, Newcastle, City all having deep pockets while Pool and Arsenal having solid structures.

They will just reduce the future value of the club if they don’t invest…

On the other hand, sell for 5bn. Buy another team in US or Europe and sell for 5x in few years time….
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Well this is it. They can’t just pocket the money as I imagine they’ll be terms and conditions attached to where the money will go and how it will be repaid.

Ultimately the only way it works is if the Glazers suddenly change their MO and decide to reinvest in to the club and take nothing out.

Does anyone really see that as possible?
 
McTerminator said:
Glazed keep making statements that they are reluctant to sell and want their £6b valuation met.

Call it negotiation, posturing, tactics whatever you want, but there is no smoke without fire, they leeches could stay and groups like Elliot would love to make that happen while taking a slice of the United cake.

Id rather see it burn than the Glazers stay at the end of this process (despite previous hopefully optimistic posts about leopards changing their spots!).
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if the rats stay, there would probably be legitimate cause for concern over their personal safety. Think they’ve pushed the extreme fringes of the fan base just about as far as they can. Not to mention I’d expect every home game next season would be targeted to get called off, and if there’s thousands of fans attempting that in a coordinated fashion, you can’t rule out that succeeding.
Basically the Liverpool cancellation will be light work in comparison. And yes, they’re stubborn, but this will effect finances. Which are already completely fecked. I have zero doubt they’re going. They’re just trying to bleed every drop out like the scum they are. Not a chance Qatar (infinitely more resources) or SJR (infinitely more successful businessman) wont see through it immediately.
 
TheReligion said:
Well this is it. They can’t just pocket the money as I imagine they’ll be terms and conditions attached to where the money will go and how it will be repaid.

Ultimately the only way it works is if the Glazers suddenly change their MO and decide to reinvest in to the club and take nothing out.

Does anyone really see that as possible?
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They have never considered selling the club before, either. Whatever happens in the next 8 weeks, it is going to be unchartered territory re the history of the Glazers' ownership.
 
Infra-red said:
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.
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And what happens if we are unable to pay the loan?

Man Utd/ Old Trafford automatically becomes their's?
 
Infra-red said:
They have never considered selling the club before, either. Whatever happens in the next 8 weeks, it is going to be unchartered territory re the history of the Glazers' ownership.
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I’m sure they have considered it before at some point. Even if not publicly.

Ultimately we know they only ever take from the club. That’s a fact. If they accepted financial backing they’d need to reinvest back in to the club, something they have never done.

There’s new stadium and training ground plans drawn up, they are presenting what everything will cost to bidders this next fortnight along with the current working parts of how things operate.

They are pitching the clubs full sale and anything else is negotiating, bluffing and leaking to the media to drive the price. Otherwise why bother.
 
TheReligion said:
I’m sure they have considered it before at some point. Even if not publicly.

Ultimately we know they only ever take from the club. That’s a fact. If they accepted financial backing they’d need to reinvest back in to the club, something they have never done.

There’s new stadium and training ground plans drawn up, they are presenting what everything will cost to bidders this next fortnight along with the current working parts of how things operate.

They are pitching the clubs full sale and anything else is negotiating, bluffing and leaking to the media to drive the price. Otherwise why bother.
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We don't have any idea what they might have considered before privately, but either way, they are going to do something in the next eight weeks that they have never done (or shown any willingness to do) before.

Where I would agree with you is that any kind of reinvestment of funds is utterly anathema to what (little) we know about the Glazers. Either a full sale or a minority investment (with the Glazers diluting their shareholding or reinvesting funds) would be unprecedented, but the latter is more difficult to get one's head around, given the nature of those involved.
 
Invictus said:
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.

Kyle Bass big on Argentina; rips ‘immoral’ competitors
  • Raised millions for a war criminal's campaigns (i.e. George Bush).

Ballotpedia - Paul Singer
  • Proponents of settler-colonialism, and systematically fan the flames of disharmony.

Forward 2015 - Paul Singer
Click to expand...
But that’s different. Evil is what media tells you is evil.
 
TheReligion said:
Well this is it. They can’t just pocket the money as I imagine they’ll be terms and conditions attached to where the money will go and how it will be repaid.

Ultimately the only way it works is if the Glazers suddenly change their MO and decide to reinvest in to the club and take nothing out.

Does anyone really see that as possible?
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If they collectively sell 20% they are left with 49% so could be open to a hostile takeover, which may be Qatar plan B option, they buy the 20% in a years time and the Glaziers fold like a pack of cards and get 70-75% of what they could have had this summer, just can’t see it!

We’ve entered the game of brinkmanship and bluffing by all parties, the thread should hibernate for 2 weeks and then be reopened!
 
The Glazers must think they can force through the super league, that's the only reason I can think of for why they'd risk sticking around.
 
Elliot are the worst option. They're only interested in bleeding us and then walking away. Disgusting leeches who should be f*cking shunned.
 
I was watching Chris Rocks Netflix film, Outrage. It really reminded me of some of the people in this thread.
 
Orion. said:
United dies with Qatar, it’s that simple.
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But the stadium rises from the dust, the debt vanishes, training facilities jump to current times, we buy a striker when needed rather that loan a Wout.

Yes it's oil money, and the human rights etc etc. But aren't we all holier than thou.
 
If you thought things were bad under the Glazers then the Elliott group would be pretty much the point of no return for the soul of this great football club, Utd need to be debt free moving forward, not further hamstrung financially by more investors.

For all the negatives about Qatar, for the actual health of the club they represent the best possible outcome, and in the glazers world where cash is king they are ultimately not rejecting anything north of £5b, they will take it, hand over the keys to Al Thani and probably quite smuggly declare to themselves mission accomplished.
 
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