Club Sale | It’s done!

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However, anything United achieve under Qatari ownership will be seen as such whether we see it as pointless or not. You know it will. Valid or not.
United are too big a club to be ignored. It is not like we were an irrelevant club like City until the money arrived.
 
It is something I have questioned previously on here but still been argued against. For me it’s an instant and easy PR win for them to say they will clear the existing debt immediately. They are clearly trying to put out good PR around the bid. It doesn’t make sense to miss out mentioning something would be fundamental in winning that PR battle. Hence why it leans towards the fact they probably aren’t wiping out the existing debt which is being backed by Tier 1 sources.

Tbh, right now I couldn’t give a crap who wins the bid. I’d be happy if Rishi Sunak’ wife wins it as long as it’s all over.

That he hasn't repeatedly said he will clear the debt is fishy and a major error as part of a charm offensive.

I just want the debt cleared and United to become self-sufficient, but I don't think Qatar will stop now until they have the club.
 
Getting closer , some people will have sadly have to find a new club according to posts in this thread.
 
United are too big a club to be ignored. It is not like we were an irrelevant club like City until the money arrived.

I know that, you know that, but it will be used against us and those who piled on City, PSG, and the barcodes will be called hypocrites.

It's also we are capable as a massive club of competing with all the above without a billion pound bankroll.
 
The more you read about loans the more you fear the worst for how that is planned on being serviced. If these bank runs continue to happen on regional banks, no one's going to be getting a loan approved anyway, they'll only be the Qataris left.
 
Ducker, Wallace, Morgan and the Chief business correspondent for the newspaper, Oliver Gill, have put their name to this piece.
Getting on the payroll before the takeover, just like they all did when City got bought. They'll be a wave of positive Qatari ownership pieces in the coming weeks, just watch.
 
Getting closer , some people will have sadly have to find a new club according to posts in this thread.
It amazes me when people sneer at other fans because they don’t want the club associated with state ownership.
 

Goldman Sachs and JPMorgan Chase and Co are understood to be helping bankroll Ratcliffe's offer with bonds and loans beyond the value of United’s existing gross debt of £680m.

The Oldham born businessman’s track record of successful investments makes him as safe bet as anyone for loans. But the rescue of Credit Suisse by arch rival UBS over the weekend - and associated write off of $17 billion of loans - means investment banks are wary about exposing themselves to losses.

In recent days, Barclays has shelved two loans for Ratcliffe's Ineos Enterprises, according to Bloomberg. Sources close to the billionaire were dismissive of the prospect market conditions could in any way hamper his bid.
 
You can't say the same for the Qatari bid. Now you could make a case that the Qataris are doing so too, but just in a much more discrete manner, however that hasn't been verified yet.

Very hard to do just that.

There's a lack of transparency involved which makes it nearly impossible to verify anything. As far as I'm concerned, that's a big enough problem in itself (in the context of discussing state ownership), but if one is inclined to go with: "there's no definite proof", one can likely carry on with that stance indefinitely.

(But would you want to? I mean, it's pretty much a technicality if we're honest.)
 
Ducker, Wallace, Morgan and the Chief business correspondent for the newspaper, Oliver Gill, have put their name to this piece.
Is that David Gill's son who used to play in the academy but retired to pursue his education?
 
It amazes me when people sneer at other fans because they don’t want the club associated with state ownership.

We had all this shite when people were mocking the Green and Gold and bigging up the Glazers for years. In the end, however it turns out, nobody wants nothing but the best for United, so I agree there's no need for folk to be bitchy to their fellow supporters.
 
It amazes me when people sneer at other fans because they don’t want the club associated with state ownership.
People are blinded from being stuck in one side of the debate imo. a lot of the people on the Qatar side are simply fans who have accepted the situation while being yelled at by fans who are not yet there.
Right now it looks like a lot of fans will walk away but that’s the trouble with sport washing and why it’s so dangerous. it’s extremely hard to do so. It’s why a lot of the grandstanding isn’t taken seriously
 
Getting on the payroll before the takeover, just like they all did when City got bought. They'll be a wave of positive Qatari ownership pieces in the coming weeks, just watch.
They've started quoting Qatari sources already. Quotes below from the latest telegraph piece

Telegraph: "Sources close to the Qataris, meanwhile, have told Telegraph Sport that Sheikh Jassim - the chairman of Qatar Islamic Bank - is “very confident” his bid is the outstanding offer on the table and will be the “most beneficial” for the club."

"In addition to a likely purchase price in excess of £5bn that he hopes will convince the Glazers to sell, Sheikh Jassim is prepared to invest huge funds in a new stadium and training ground in addition to heavy backing for the men’s and women’s teams and academy that could mean a total commitment of around £7bn. “Our capital investment plans will be on top of what is paid for the club,” one source said."

The piece also mentions that Jassim's father is one of the richest men in the Gulf state.
 
I don’t think that’s what it is saying at all. To me it is saying in his bid he’s borrowing more than our existing debt to purchase the club.
Your correct. And exactly as I've been saying all along....

There is a significant and important distinction in how these bids would be financed:

Qatar will basically have the money to hand to enable the purchase which means they won't be tied to any debt/interest repayments and will be happy for a return in the long run having increased the value of the club.

SJR on the other hand is approaching JP, Sachs etc to confirm that they will finance the bid. This in effect will most likely lump absolutely incredible amounts of debt on the club that will need to be repaid.

It will be like the Glazer takeover on steroids.
 
Really don't want Jim. He just looks like such a cnut you can see it in his eyes.
 
Practically speaking it’s a huge difference because the club’s status has been achieved without being solely propped up by independent wealth.
So you are saying it's worse that a small club is state-owned rather than a big club? That seems like a rather one-sided and biased POV.
 
Your correct. And exactly as I've been saying all along....
I was just correcting the notion that he’s borrowing to clear the existing debt - which isn’t what that article is saying but I don’t agree with your take. The additional debt will be placed on INEOS - the club isn’t liable for it so nothing like Glazers on steroids. I personally don’t see it as surprising someone is having to borrow at least 700m in a 5bn purchase. That’s perfectly normal.
 
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