red thru&thru
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Premier League ownership rules are strict - you are limited to a 10% share in any second club. Unless PIF were minority partners in the Ineos bid (which, to be fair, is possible), the Saudis would probably need to use one of their other investment vehicles in any joint bid for United.
You're reading into it too much, both banks are happy to do whatever for either party and their prior dealings with United don't limit them in that sense. Also the club did finance $425M worth of bonds with BofA in 2013.
https://www.espn.co.uk/football/news/story/_/id/1458342/new-loan-bank-america-save-united-L10m-year
If this is true and hypothetically the Sheikh puts in a bid that blows everyone else away, what would be the point in a further bidding round?
If this is true and hypothetically the Sheikh puts in a bid that blows everyone else away, what would be the point in a further bidding round?
Exactly the cost to change or awaken a sleeping giant is enormous
Debt to the Glazers? I don't remember there being any related parties debt.Who currently underwrites the clubs debt to the Glazers?
Whether fair and deserved or not, the stain of what city's owners have done will spill over onto us all too easily if we also take the oil money.
Is it really worth a couple of decades of sportswashing money? For what? We won't be able to blow away the saudis or city anyway.
Manchester United should be better than this. We are the biggest club in the land for many reasons. Some of it has come from success, of course. There is though, an undeniable romance surrounding the club. Everyone knows it's a special club. But that status is not guaranteed to last. Far from it. We have to maintain the highest standards off the pitch. It's a big part of the ethos of this club.
I could write so much more on this subject. But I have restrained myself a lot because I know this is a very international forum and all views should be expected and expressed. I do hope though, that maybe a few who have no qualms over this potential Qatari takeover, take this post seriously and consider the impact on the club for the rest of it's existence.
I was vehemently against the glazer takeover. Many of us were. But unfortunately not enough to prevent it from happening. We have few options to influence who takes over right now, but welcoming them with open arms? I find that deeply disturbing.
If this is true and hypothetically the Sheikh puts in a bid that blows everyone else away, what would be the point in a further bidding round?
@Plant0x84 awaiting your replyAre the same people that bought Malaga buying United?
So after tomorrows deadline, should we have a clearer picture or another month delay with further bids/thinning from Glazers part? Could we find out within the next few days who the new owner(hopefully a new owner) will be?
Debt to the Glazers? I don't remember there being any related parties debt.
According to the Ben Jacobs fella, Raine will assess the bids. Then if the glazers are titillated they will offer one party exclusivity on making a final deal.
I wonder how long that would take, I hope there are solid plans for the summer window regardless of who the owners are, but obviously it could swing drastically from glazers vs Jassim (I’m assuming he’d spend).
Can’t see it, he’s on ignore!@Plant0x84 awaiting your reply
It's what you buy when you want to jass up the place.The feck is a disco mirror
500m is enough to buy Newcastle United.Not sure how a 500m increase blows anyone out of the water, but it still falls short of the glazers
Which ones?Done dealio?
The high profile Qatari accounts on social media sound awfully bullish on this
500m is enough to buy Newcastle United.
The whole narrative about the SJR bid is he isn’t in it for profit. If he’s partnering with Elliot, they are certainly in it for profit. That’s a terrible prospect.
Jassim can't afford it so will be in debt to someone.The more information that coming out from Jim Ratcliffe/Ineos bid the worse it gets.
Eventually partnering with US Hedge Funds/Investors is as bad as keeping the Glazers as owners. A co ownership with a ME investor is equally as bad. Everything else than a new owner with a 100% ownership and a totally debts free club is a recipe for disaster. Red flags all over the place.
The more information that coming out from Jim Ratcliffe/Ineos bid the worse it gets.
Eventually partnering with US Hedge Funds/Investors is as bad as keeping the Glazers as owners. A co ownership with a ME investor is equally as bad. Everything else than a new owner with a 100% ownership and a totally debts free club is a recipe for disaster. Red flags all over the place.
If you don't see the difference between Manchester City, a club supported by a small portion of residents of Stockport who were a nothing-club before their takeover, to the behemoth which is an already established great of the game in Manchester United, then I don't know what to say.
Think of Spurs being bought by Qatar and then all of a sudden start winning the league nearly every season. It's similar and even then, Spurs are stil a bigger and well known club than City were when they were aquired by their new overlords.
Man Utd, Bayern, Barca, Real Madrid and Liverpool are on a different planet to other football clubs in regards to stature and a worldwide following. It's just how it is.
He’s a bit fragile when it comes to how he’s spoken to, but far less fragile when it comes to talking down to other posters.@Plant0x84 awaiting your reply
The more information that coming out from Jim Ratcliffe/Ineos bid the worse it gets.
Eventually partnering with US Hedge Funds/Investors is as bad as keeping the Glazers as owners. A co ownership with a ME investor is equally as bad. Everything else than a new owner with a 100% ownership and a totally debts free club is a recipe for disaster. Red flags all over the place.
Jassim can't afford it so will be in debt to someone.
Malaga is a grim reminder of what could happen if Jassim really was making the bid himself without state backing.Are the same people that bought Malaga buying United?
The headline is slightly misleading but as has been previously reported, the Jassim bid wants to go slightly above the best rival offer to win and not get involved in ghost bidding against themselves.Taken from the tweet thread, not sure how this equals blowing anyone out of the water.
Exactly - on another planet and can sustainably succeed without having to sell their soul to Arabian dictatorships.
Woodward is the reason United have floundered in the past decade, not lacking a sugar daddy. Now there’s a proper coach in charge, new people making football decisions the club on moving in the right direction again.
SJR taking over would likely mean the club pays for its own stadium renovation - why shouldn’t it? All he’s required to do is allow it to spend its own money.
This weird fanboy obsession with becoming a Qatari proxy club is at odds with what set United apart in the first place; like City’s owners, they want to do a massive land grab in Greater Manchester at scandalously discounted rates, under the false guise of improving the area.
Have some self-respect.