Btw has anyone actually seen this times article yet with Ratcliff’s plans?
Club Sale | It’s done!
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Ahhh, none legally binding promises from the Qataris… remind me how that worked out for Malaga again?
Think I’ll wait for solid concrete information about the bids after this next stage before buying into promises from any bidder. But hey, you do you, and get yourself excited about bottomless riches.
Ratcliffe team can’t even sell me a lie competently. None of their statements since going public have been good enough.
The problem is even the Glazers sell us better lies…
For me, I need to work out what he wants to achieve. What’s the big picture for SJR? A man of his age, is he trying to secure his families future much like Malcom Glazer did buying Utd? Each of his children will walk away with a Billion each after living nicely off the club for 17 years. Is this what SJR trying to achieve?
I clearly understand why Qatar want Utd. Although some won’t agree there is no speculation as to what they want to achieve. Given we know the reason. We also know that the project only works for Qatar if Utd are successful. As a fan, this is the most important thing for me. They bought PSG to secure the WC. It was a success.
With SJR, it’s clear making Nice successful was not the drive behind buying the club. Some may say the idea was that it was always going to be a feeder club for an eventual purchase of a bigger club. That’s a plan. But this latest update fills me with zero confidence they want Utd to be successful.
Even the Glazers getting rid of Woodward and installing a better structure that have bought in ETH is more positive than these updates from SJR camp.
#GlazersOut
The problem is even the Glazers sell us better lies…
For me, I need to work out what he wants to achieve. What’s the big picture for SJR? A man of his age, is he trying to secure his families future much like Malcom Glazer did buying Utd? Each of his children will walk away with a Billion each after living nicely off the club for 17 years. Is this what SJR trying to achieve?
I clearly understand why Qatar want Utd. Although some won’t agree there is no speculation as to what they want to achieve. Given we know the reason. We also know that the project only works for Qatar if Utd are successful. As a fan, this is the most important thing for me. They bought PSG to secure the WC. It was a success.
With SJR, it’s clear making Nice successful was not the drive behind buying the club. Some may say the idea was that it was always going to be a feeder club for an eventual purchase of a bigger club. That’s a plan. But this latest update fills me with zero confidence they want Utd to be successful.
Even the Glazers getting rid of Woodward and installing a better structure that have bought in ETH is more positive than these updates from SJR camp.
#GlazersOut
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Why are INEOS lying?
How can you be sure the Qataris aren’t? We don’t even know who Jassim really is, worryingly nor do his spokespeople.
He owns a company 10 times the size of Manchester United. Malcolm Glazer’s biggest business was Manchester United. Not quite the same, make no sense whatsoever to secure his family future through buying Manchester United.
Radcliffe appears to lose quite a lot of money on all his sporting ventures, but at the same time the main company still is raking in profits of around 2 billion a year. Appears clear to me that this is an older man just trying to do cool things with his money before he takes it to his grave. In his own words, no one will remember him for being the owner of a petrochemicals company. People will remember him if he is a successful owner of Manchester United though.
Malaga was bought by Abdullah Al Thani (net worth 800m) who is a very distant cousin of the current Emir. So unless you think that all Qatari/Al Thani are the same then I doubt than you've got a valid argument in place. He took a 2nd Division side to 4th in La Primera Liga and reached the quarter finals of the CL. There were were denied a place in the Champions League semifinals by two controversial stoppage-time goals. Then the money dried up and claims resurfaced that he was involved in irregularities. QSI has nothing to do with Malaga and had refused to takeover the club. That branch of Al Thanis has problems with Qatar itself with Nasser Al-Thani, a Malaga director, being given a three-year suspended jail sentence in Qatar for writing bounced cheques worth 850,000 Qatari riyals . Therefore unless you think that all Qatari/Al Thanis are the same then I fail to understand your argument.
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Why would Qatar lie? It’s a sport washing exercise. It defeats the entire purpose not to deliver what they say. We know exactly what their game is, it’s blatantly obvious. It’s ugly and horrific, but what we get is clear.
I never mentioned INEOS. But saying you are going to install the “best in class at all levels” but the person overseeing it is not best in class. You see where that argument is going surely?
What does this cycling guy know about the ‘best in class’ in the football world?
This.
I don't want Brailsford ANYWHERE near the club. If he has any position at United then anything we win will ultimately be tainted in the long run.
We don't need someone who specialises in "exploiting" weaknesses in testing regimens or rules. His "marginal gains" philosophy starts out with things like athletes washing their hands carefully to avoid flu/ food poisoning etc but also goes down some dark alleyways.
Whilst I wish Qatari money came from moonbeams and sunlight, rather than gas and oil, their money is only needed to clear Glazer's debt and reverse decades of underinvestment.
Once back on an even keel, with a better stadium we can thrive and win things without any shadyness or doubts.
We don't need someone who specialises in "exploiting" weaknesses in testing regimens or rules. His "marginal gains" philosophy starts out with things like athletes washing their hands carefully to avoid flu/ food poisoning etc but also goes down some dark alleyways.
Whilst I wish Qatari money came from moonbeams and sunlight, rather than gas and oil, their money is only needed to clear Glazer's debt and reverse decades of underinvestment.
Once back on an even keel, with a better stadium we can thrive and win things without any shadyness or doubts.
Rumoured to be Representatives from Qatar at todays game. VERY very loose rumours but still.
Also there will be an anti Qatari flag on display by Amnesty.
Also there will be an anti Qatari flag on display by Amnesty.
Don’t know if that sits right with me. At least leave it to United fans to make that move.
Off course when it is united, they will go all they way to carry a baner in the stadium.
Think there were banners during the Newcastle games, though the only one I remember from memory was at an away game to palace and it might not have been officially by Amnesty.
Yes, it sets out how Ratcliffe has started to plan how the new front office will be staffed. He is kicking out everyone.
Besides that, there are no news in it.
The banner held in the Palace game was by Palace fans.
If banners meant anything then the Glazers would have fecked off years ago. Although you can bet it will get a lot of the broadcaster attention if indeed there will be that banner.
I never ever imagined any man Utd fan would prefer the Glazers over any type of ownership. Fair play to you. I respect it. But after 18 years of the Glazers I find it hard how anyone who chose them over anybody.
But I don't think it matters which subgroup are doing it. Banners are just inevitable.
What the hell is even a local anusrty group?
It shows you why the ME states have been buying up smaller clubs. Less expensive but also nowhere near the same level of scrutiny when it comes to purchasing a club as big as United.
One thing I think is a bit surprising is that the Ineos group’s financials not in any way have been described, or like unveiled. It is a very large group, and there are of course financial reports available for some entities. But they are a bit murky since in this group, you have a lot of Joint Ventures in especially Asia/Middle East. At the top an entity turns over 18bn, while a general claim is that the group turns over 65bn.
What is my point? None really, but if someone asked me how much turnover “Ineos” have, how much profit it makes, what the group’s total indebtness is — I would not know.
Give that Ineos is a private group, more or less owned completely by SJR plus two other founders, they don’t have to produce more info than they do (which is as little as possible).
What is my point? None really, but if someone asked me how much turnover “Ineos” have, how much profit it makes, what the group’s total indebtness is — I would not know.
Give that Ineos is a private group, more or less owned completely by SJR plus two other founders, they don’t have to produce more info than they do (which is as little as possible).
All that is knows. The group with joint ventures makes 65bn revenues and currently around 2bn profits.
There’s also readily available info re. their debts.
We.Go.Again.
For company with a 65billion revenue, a profit of 2billion is very poor. Like some consumer/retail sector sort of margins.
Well they are attempting to spunk a shit tonne in sports and have made huge investments since 2019.
It’s not poor when it’s 2 bn + company growth.
Dunno. My former employer's topline is around $52billion with $14billion net. They invest a huge portion in R&D and acquisitions every year.
Do they also spunk hundreds of millions on sport? And tens of mils just to get someone to run a marathon under 2 hours for shits and giggles ?
Their 2bn profit by the way is their profit share of joint ventures.
I’ve zero interest debating whether or not INEOS is a good business man, or compare it to your awesome former employer. I’m sure the 3 owners are happy enough taking 2bn a year in profit whilst having a top time in motor sport, sailing, running, rugby & football.
Maybe you should email em and tell em their bottom line is wank and to concentrate on that instead.
I honestly can't wait for Qatar. I'm hoping and praying everyday. I want to see what the refs do then.
Sponsorship in NFL, Olympics, golf, football/soccer, F1 etc
Net profit against topline revenue is nwt profit margin is a measurement of corporate performance
Did Jassim and his dad buy Malaga?
5th position in the French league and you are happy?
Well, I rest my case!
The profit they make in any given year isn't indicative of anything. There are so many variables including accounting practices that obscure these figures. Clearly they are a successful group over a long period of time though.
My 2 favorite examples of mental gymnastics these last few weeks / months have been:
1. Trying to pitch PSG as a well run club (
) whilst acting like Ratcliffe has made Nice relegation candidates from a team that had a chance of catching up to PSG.
2. Trying to paint Ratcliffe as the most evil billionaire to ever walk the Earth whilst literally twerking for a dictatorship that does way worse stuff on a daily basis.
Embarrassing
1. Trying to pitch PSG as a well run club (
) whilst acting like Ratcliffe has made Nice relegation candidates from a team that had a chance of catching up to PSG.2. Trying to paint Ratcliffe as the most evil billionaire to ever walk the Earth whilst literally twerking for a dictatorship that does way worse stuff on a daily basis.
Embarrassing
I don't think there exists a positive description of his football involvement on the internet. Every thing is either describing unprofessional, inexperienced or incompetent.
That’s pretty accurate.My 2 favorite examples of mental gymnastics these last few weeks / months have been:
1. Trying to pitch PSG as a well run club (
2. Trying to paint Ratcliffe as the most evil billionaire to ever walk the Earth whilst literally twerking for a dictatorship that does way worse stuff on a daily basis.
Embarrassing
The Qatar cheerleaders are in full swing these days.
Qatar is the best option,at least.
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