Club Sale | It’s done!

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How is this possible?! How is it possible that the rest of the premier league including the likes of City and Newcastle can protest us being owned by the very same owners they have.

Complete joke.
 
How is this possible?! How is it possible that the rest of the premier league including the likes of City and Newcastle can protest us being owned by the very same owners they have.

Complete joke.
You need to note the journalist. His MO for the last decade has been to read what reliable people are writing and then repeat the same with an educated guess on top to spin it as his own work.
 
Delaney seems to be getting Singapore and New York mixed up. We were floated on the NYSE not Singapore.
 
Doubt they have anything to worry about with these sexy new FFP rules.
 
Miguel crying at the prospect of a Qatari takeover.
 
He was on the board of Credit Suisse in his late 20s?
Heard he’s 38-40 now. Tallies up to him being 10 in 92. Online it says he joined CS in 2010, maybe not initially not on the board but who knows, he left in 2017.
 


This really bugs the shit out of me if it’s true, if this gets blocked by the league City/Newcastle’s owners should be made to sell. Make it even for everyone… I’m sick of this anti United bullshit… where the f were the league when we were getting leverage with debt. No one gave a f.

It is Delaney though so I’ll take it with a pinch of salt for now… he’s got an anti Qatar agenda, which i don’t for 1 second believe is bc of human rights, LQBT etc seeing as he lines his pockets with Saudi money each month.
 
Here we go?



Singapore stock market? What the feck is he on about? Man Utd shares are listed in USA

This is what happens when sports writers start trying to cover financial matters that they know nothing about

And the other PL clubs can do nothing whatsoever to block the takeover so thats another waste of a Tweet. There is the PL fit & proper test but that's pretty worthless anyway
 
Expecting to hear about a big Qatar bid that won’t be matched this week, I think this is the stage where they blow the rest away and get this done
 
This really bugs the shit out of me if it’s true, if this gets blocked by the league City/Newcastle’s owners should be made to sell. Make it even for everyone… I’m sick of this anti United bullshit… where the f were the league when we were getting leverage with debt. No one gave a f.

It is Delaney though so I’ll take it with a pinch of salt for now… he’s got an anti Qatar agenda, which i don’t for 1 second believe is bc of human rights, LQBT etc seeing as he lines his pockets with Saudi money each month.
Don’t worry about it. Qatar just hosted the WC. There were hurdles that needed to be overcome with that bid as well. Like you said, it’s probably just bullshit.
 
A number of god awful journalists have milked this takeover for every possible click. Can't wait for it to ve over so we can go back to ignoring these Z list sources
 
Just say what your plans are about debt instead of using weasel words like focusing on winning.

The debt will likely go as part of the sale whoever ends up buying United. It doesn't seem sensible to buy a football club for billions then leave it in crippling debt.
 
Singapore stock market? What the feck is he on about? Man Utd shares are listed in USA

This is what happens when sports writers start trying to cover financial matters that they know nothing about

And the other PL clubs can do nothing whatsoever to block the takeover so thats another waste of a Tweet. There is the PL fit & proper test but that's pretty worthless anyway
Utd did put out a Prospectus to list A Class shares on the Singapore Exchange in 2011/12. Think it was subsequently withdrawn.
 
That QatariFC twitter account is talking drivel again. Not going to post it incase anyone takes it seriously without seeing the source.

A qatari takeover seems to involve a lot of twitter BS. I haven't missed the random Ronaldo accounts
 
This is pretty iffy -- what I'd like to know is how much of the club's revenue will be dedicated to things like dividends, paying off debts (regardless of who incurs it: INEOS or the club). I trust the accountants are smart enough to figure out a way to get a subsidiary to pay a parent company's debts so I don't trust the INEOS will take on debt statement at all.

If it's zero - I'm all for the Ratcliffe bid. I think he's still hiding behind "no new debt", "INEOS will be taking debt" etc without specifically saying how much money he plans to pull out of the club. What I really want is a concrete statement like all of the club's revenues will be spent on improving the club instead of servicing debts or paying dividends.

United can barely afford to service a debt of £600m currently so nobodies likely to have their business plan revolve around trying to get a football club to service a £5-6b debt.
 
I actually despise this journalist all the way back from his ESPN transfer nonsense. How is he in his position? I can’t even remember a time he broke a story!

How does he go from making the point that Raine can’t sell a 100%, and then go on to say INEOS wants buy 100%. I know he means eventually, but he is just word smithing.

How is debt not an issue? Like who would say such a thing if INEOS are going to keep the existing debt?

Journalists that have agendas are the worst.

The potential buyers are only bidding for the Glazers controlling interest in United which accounts for 69% of the club. But that 69% amounts to 100% control of the club because of the way the Class B and Class A shares voting rights are set up.

So basically 69% of the club = 100% control.
 
United can barely afford to service a debt of £600m currently so nobodies likely to have their business plan revolve around trying to get a football club to service a £5-6b debt.

Can actually very easily service the current debts - it's only COVID that put a hole in the Glazer business plan

But yes no one is going to be borrowing the whole £5bn, they may well borrow part of it though
 
Can actually very easily service the current debts - it's only COVID that put a hole in the Glazer business plan

But yes no one is going to be borrowing the whole £5bn, they may well borrow part of it though

Well fair point but even before Covid servicing the debt was a burden on the clubs finances.
 
Out of the eight bidders six of them are most likely Joel & Avram with a different Wall Street vulture willing to finance a family buy out.
Also, Delaney is a "many people are saying" type of journalist. He considers his opinion a source.
 
Yeah they really resisted the City and Newcastle takeovers.
It’s because we’re one of the biggest clubs in world football. Having us debt free and becoming a monster in the transfer market is too much for anyone to handle.

Just think, we haven’t won the league in 10 years and we’re still considered that. Stabilise our finances and oh my…
 
Miguel Delaney knows square root of feck all, he is an absolute joke. Absolutely worthless journo, don't bother yourself with his takes.
 
If we do end up with Quatar and he has any integrity, he wont step inside Old Trafford again. Lets see. I hope people remind him on a daily basis
I mean he can still come and report on us and criticize the reasons behind the ownership as he does with city. As he should. Unfortunately it seems to be heading that way but it is not a good thing that it is.
 
The Sky journalist is saying "don't discount Glazers retaining control with minority share. Selling will not be an easy decision. They will sell for right price."
 
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