There's so much emotion running on something we literally have no control upon.
Club Sale | It’s done!
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Same happens when watching a football match funnily enough.
Jim Big Today
Its the most stressful -- worrying over something that you have no control over. Like the worst jobs are those where you have zero control over the input or the output like in a production line.
Jassim has said exactly the same and so has his dad. Thing is, we know whoever buys the club will be overpaying anyway because of the glazers crazy valuation.
Its a good deal when you compared it to how much the Glazers' peers paid for the Broncos. Plus it will depend on their respective business models.
To be fair to the Glazer (We don't often we say that).... If the valuation is met, which it looks like it will me. Then the valuation wasn't crazy
I suppose 2 things. Firstly, we have heard that Jassim will not overpay, and also he will overpay, from the same source. Which one to believe?
Secondly, we have heard nothing direct from Jassim, other than his official statement when he bid for the club. However, SJR has, in an interview recently, said himself that he will not overpay.
That's all we have to go off. So, when someone says SJR will not overpay, we know this. Will Jassim overpay? We don't actually know this.
I am seeing it this way
a- I have zero control over it
b- Qatar and SJR are better options then the Glazers are (everyone has his preferred option but that's irrelevant at this point). The chances that one of them gets the club is huge. I'd say 70%-80%
c- Elliott are vultures but unlike the Glazers they are the smart kind. They'll probably keep the club for a year or two and then sell to the highest bidder.
Thus in all probability we'll end up with better owners then the ones we've got.
This is the point. And yet people are talking in absolutes.
Yeah, you can only talk about absolutes in the sense of what is out there, in official capacity.
I don't want Ince or Big Pete near the club.
A combination of Barcelona and Juventus might be the way to go.
mas que corrupcion could be the clubs new motto
Qatar won't be walking away empty handed they will get the keys to old trafford probably next month, this is absolutely done and dusted, it is over for the Glazers, they are going, no individual turns down almost a billion in cash to alternatively stay on instead for a yearly dividend.
It seems that the Qataris are ready to invest 7b in the club without loading us with debt. How on earth can a Manchester United supporter be against that?
Glazers are going, club will be debt-free, good things.
Unfortunately you can't have it all
Unfortunately you can't have it all
£5bn of which is going to the Glazers...
So without knowing where this figure comes from, it's £2bn. But over how long? And where is it coming from?
And how does this investment work within the parameters of FFP?
Them coming out with vague, constantly changing statements and claims, if it even is then at not QatariFC or QatarJourno#1 making these claims really don't mean anything.
So where's he cutting corners? Earlier in this thread it was said a new stadium would cost £2bn. If he's giving the Glazers £5bn, the what's he investing into the squads and facilities?
Of course I fully understand the claim is made up because @telefootball not anyone else actually has a clue. But that's my point, there's a lot of claims flying about with have no substance to them, and often don't even add up.
The news come from the telegraph.
-5B is going to the Glazers however that would be it. We won't be burdened with the weight of paying that out on our back.
- I heard from numerous sources that FFP doesn't concern infrastructure (stadium, training ground etc)
I understand that promises can be broken. Yet we have no say either way. We're just helpless bystanders here and from this POV, the Qatari bid is too good to refuse
The biggest issue with Radcliffe is the financing he’s receiving to buy us. From American banks too.
Qatar has a huge experience in building stadiums at this point + they own half the UK (in terms of property). I presume they know how to keep costs down at this point
In future you will have capped wages in each club with bands for player progression like - Band E (25k) per week youth player first or second contract , Band D (50-75k) per week promising player 18-23, Band C (75-125k) First Team Squad player, Band B (125-175k) International and First 11 player, Band A (175k-250k) Elite Player considers in top 100 in world football, Band A+ superstar maybe 10-20 in world football (250-400k)
This is what united are trying to do now with new contracts being maxed out, even offering Rashford a new contract at 300k per week plus you will see more and more transfers disappear as players simply run down their contracts and get huge signing on fees. There will be lower buyout clauses built into contracts as well.
Daniel Levy asking £100m in one payment upfront for Kane is genius because that fee can not be amortised and means very few clubs can actually buy him in this way because it would completely prevent them buying anyone else. Now if Qatar buy united you can be assured that they will change the pay deal by simply maxing out the potential of United Revenue, in short a powerhouse club like united, run properly with Qatar commercial power and potential sponsorship deals would mean the club is in CL every year and has huge pre season tours that would quickly see the club revenue climb back to number 1 and probably be £800m in just two years. So the new 70% FFP sustainability rule would have little impact on united meaning the club could spend £560m on wages, administration and day to day running, Agent Fees now maxed at 10% under new FIFA Guidelines and amortised transfer fees where a maximum 5 year contract is being installed by UEFA from Summer 2023. So imagine wages on a squad of 27 players at £400m, £50-60m running and agent fees and £100m amortised over 5 years which is a £500m actual transfer budget which could be spent over 2 transfer windows, the club has no debt, no interest payments to service the debt and actual is pretty self sustaining.
If they managed to build a new 100,000 stadium by then too, United really would be frightening and maybe it’s why we are seeing so much animosity from other fans of other teams including, ironically City and Newcastle who do not want this to happen!
You can say that about any of the potential buyers though. We can only go off what’s reported until they actually takeover and we can see first hand what they’ll actually do.
Who did Jassim send to the first stage meeting? Bank of somewhere representatives wasn't it?
That's the worst thing I've read on here on so many levels.Are rivals will be terrified!
Ratcliffe seems to me a bit like a British version of Malcolm Glazer, with his plans propped up by a combination of minority investment and existing and new debt.
I believe they were just consultants. Basically to survey/ value the worth of United. Nothing to do with financing.
In Jassim we trust.
God I miss those football ads.
Brilliant details again, thank you for that, mate.
Yeah, for me in regards to Jassim, it's all the people he would have around him to boost Manchester United's revenues is what excites me. There's so much potential.
There's a reason why the BofA tech guy was also there at the meeting last week. He would've already been thinking in a technical way how the profits could be raised.
There's so much untapped potential at this club. It's been pretty criminal to have been left so far behind, when we used to be at the forefront of it all.
His representatives were
Shazhad Shahbaz -president of the 92 foundation
Fady Bakhos - he is a legal, corporate and investment advisor to Jassim
Sam Powers and Yasir Shah ( Global Head of Technology, Media and Telecom at Bank of America Merrill Lynch)
lawyers from Macfarlanes
representatives from real estate and investment firms.
These are highly specialised people in real investment, real estate and global tech. They don't strike me as loan sharks
You're only looking at one aspect of FFP, the Squad Cost rule, (90% of revenue can be spent on the squad this year reducing to 80% and then 70% the next two years). That's only part of it, and probably not one we will need to worry too much about.
But the issue is with the Football Earnings rule. Clubs can not operate at a loss of more than 60m, and owners can not invest more than that. They can't just put a few hundred million in the bank and be able to buy players with that.
I agree with how much Henderson, Elanga, and Scott would add to the transfer funds, but that's kind of my point, it isn't a lot. We would be fortunate if that even allows us to break even on the profit/loss.
There is no way we have 400-500m to legally spend in the first year (two windows). And likely not in the first two years, unless we get some major commercial revenue or sell Rashford for 200m+. And remember, entities tied to the owners can only account for a certain amount of sponsorships, and must be at fair market value. So they can't just drop a 200m/year shirt sponsor deal from Qatar Airways or Ineos.
An actual sensible opinion in this thread. Some people are becoming that invested in team Qatar or team Ineos, that after this is done I don’t see them being able to back down and just enjoy the football. Which means this repetitive and tedious argument will be dragged on forever.
Makes sense. I suppose it’s its own world.
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