Yeah, his ‘sporting expertise’ have really done wonders for Nice and Lausanne…
Club Sale | It’s done!
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Yeah, his ‘sporting expertise’ have really done wonders for Nice and Lausanne…
If true then Ratcliffe's business model is clearly a multi-club model -- and may limit what he think is worthwhile.
I think Jassim's business case is vastly different which may value the potential of the deal very differently.
I guess we’ll soon find out who wants the club the most. These mystery bidders are very intriguing but the fact they want to remain so anonymous makes me question how good their intentions are, but that’s maybe me just being cynical.
I don’t understand these “good impressions” and “not yet warming to Jassim” tweets.
It wouldnt, drop the exaggerations.
Imagine (I dread to) if one of the other “5 bidders” is the winner and turns out a worse prospect than the public bidders. Could end up a day of mourning rather than celebration. Dare I say it, we may wish the Glazers back.Just imagine if SJR partnered alongside an ME state?Would be interesting to read the views of from some on here!
That is a legitimate fear of a deal. Not much we could do though
It’d be the same.Just imagine if SJR partnered alongside an ME state?
Qatar will buy the club. The Glazers are just trying to squeeze as much cash out of them as possible with these briefs about other investors and being impressed by Ratcliffe.
It'd be the same?
Yeah, it's as if the Glazers are giving their daughter up for marriage in some medieval timeline instead of looking to squeeze the last bits of juice out of United after 20 years of leeching.
Pretty shameless by Ratcliffe, if true. I think whoever ends up buying the club should keep Fletcher and Murtough in place for now but on a shorter leash to see how things progress over the next few years with recruitment. The club doesn’t need further turmoil and a PSG like scatter gun approach.
INEOS with Joel and Avram as minority partners watching the value of the club and their stake rise as SJR pays for the infrastructure seems more likely. I can’t see him outbidding Qatar so structure of the bid might be his only option.Just imagine if SJR partnered alongside an ME state?
If whoever buys the club wants better people in these positions then there’s nothing wrong with that. It’s not like we are or have been successful at any level consistently, we’ve plodded along with the Glazers in charge. If the next owners have more resources and more ambition then they are entitled to bring in right people to carry that out.
I haven't read the interview, was his interview with the Wall Street Journal solely about his potential purchase of United or was it a scheduled interview about his business interests in general and he was asked about United during it?
This does not surprise me, you can be very flexible as a bidder in this process and that is the advantage SJR has over Qatar.
For Qatar, everything indicates that they will make a massive investment in at least the area around Old Trafford. That will require 'merging' assets of the club -- i.e. land -- with asset of the owner -- i.e. money -- and turning into infrastructure, real estate assets etc. This is cumbersome to do if the club have minority owners.
If SJR wants to control the club, all it takes is 50.1% of the shares (or down towards 40-45% if shares remain listed, since a bunch of shareholders won't show up at a general meeting and vote).
Will it mean that the Glazers remain? That would surprise me a great great deal. Its just hard to see what value a minority share has in MUFC.
It’s weird. Speaking of which…
You literally created an imaginary distinction two separate the same scenario. Not sure why all this mental gymnastics is needed
We are in one of the most exciting and historic moments of the club. Man Utd is going to be saved from being further destroyed by the bastards Glazers.
Can't wait for this nightmare to be over asap and the new owner will come on board to transform the club.
Can't wait for this nightmare to be over asap and the new owner will come on board to transform the club.
It'd be the same.
Hopefully the Qataris get it over the line. Gut feeling says Ratcliffe isn't going to be good/better than the Glazers.
Why this Jassim wants 100% of the club line keeps being repeated is a bit odd. Once either party buys the club they can buy the rest of the shares whenever they can/want.
Well. clearly you don't recognise the nuances.
This sale, no matter who it is, will break the Denver world record fee. But I wonder how long it'll take to break again.
I don't know of any major American teams are up for sale right now, other than the Washington Commanders, and their sale is going to be sorted soon. They're in the same boat as United. A completely inept owner who has made a mockery of the team and has let them slide down the NFL rankings since he bought them in 99, throwing around insane money for players and having horrible conduct in and out of the press. (Also currently going through a new stadium fiasco - could be United's imminent future)
Would Liverpool sell for more? I'd say there's a chance.
I don't know of any major American teams are up for sale right now, other than the Washington Commanders, and their sale is going to be sorted soon. They're in the same boat as United. A completely inept owner who has made a mockery of the team and has let them slide down the NFL rankings since he bought them in 99, throwing around insane money for players and having horrible conduct in and out of the press. (Also currently going through a new stadium fiasco - could be United's imminent future)
Would Liverpool sell for more? I'd say there's a chance.
This won't happen. As long as any glazers remain as a shareholders, then their shares are class B shares, and any non glazer shares are class A, and if they sell their class B shares they become class A once owned by anyone else. Their shares have 10x the voting power of others, so if they held on to 10-15% they'd still have total control, which I can't see anyone paying 4bn plus and still not having a say in how the club is run
There is no chance Liverpool would sell for more
I wonder what JLR's "good impression" was... passing a credit check?
I would suspect he’s not the only one. How many of the people giddy about Qatar ownership were slating City for their success being bought and not mattering? The hypocrisy is crazy.
See @Messier1994 ’s post above. Was wondering the same thing.
How are all the other clubs in the City group of worldwide clubs doing?
What would be the same?
Yeah he makes a fair point that could be a reason why they keep emphasising that Jassim wants 100%. Which would mean that what they are really saying is he wants 100% control of the club. If not 100% of the shares, right away anyway.
is the Glazers position that the "club" is worth 6 billion or only that their shares are worth 6 billion?
if it is the club as a whole then you would have to subtract their 69% ownership from the total value, right?
and i know the Glazers' shares are Class B and voting shares, which are obviously worth more than a standard share that anyone on the street can buy.
just curious if that has been stated anywhere.
if it is the club as a whole then you would have to subtract their 69% ownership from the total value, right?
and i know the Glazers' shares are Class B and voting shares, which are obviously worth more than a standard share that anyone on the street can buy.
just curious if that has been stated anywhere.
I think it's getting repeated possibly due to Jassim wanting to privatize the club?
So it's possibly a case of negotiating with the merchant bank and the Glazers for 69% of the controlling stake, but also Jassim could be attempting to negotiate for the rest of the shares with the minority shareholders. We also need to take into account that Avram Glazer was in Qatar during the World Cup, which imo was regarding the sale of the club.
Leak vs interview? Sending the C-suite vs representatives? There are very few if any, and they aren’t relevant.
You just crafted a narrative with a wall of text when “I trust Jassim over Radcliffe” would suffice.
I’ve never been particularly vocal about them but I think what you posted just ignores the fact that:
1. We are already one of the world’s biggest clubs, not a nothing lottery winner
2. There is no guarantee we spend a metric shit tonne
3. We are now competing in an environment that includes sugar daddies (and whatever the hell Chelsea is) everywhere. They weren’t really back in the day.
Regardless of who our new owner is, I’m just pleased we’ll have an owner that actually plans for and cares about our success.
If Joel and Avram stay, how much say would they have over SJR, bearing in mind the Class B shares SJR woukd buy from the other 4 siblings, would convert to Class A shares.
5 , 8, 69.
Who knows with kav. He just makes it up while taking a shite in the morning.
If you look at this way, SJR has hired to JP Morgan, who underwrites the clubs debts.
Jassim hires Bank of America, who underwrites the shares.
The above gives an indication of the tact each party are going with.
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