Club Sale | It’s done!

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Yes, it looks something like that. I don’t know if VDS is solely responsible for hiring coaches, but ETH has been their only successful hire (possibly Bosz as well, but don’t remember if VDS was there then). I think Overmars is/was a real talent, equal to Ten Hag possibly, so it’s not easy to replace those two.
The real talent was the likes of Henk Veldmate and Casimir Westerveld, who both run recruitment at first team and youth team. And these are the guys who identify the talent which makes life easier for a DoF. Without the likes of Henk Veldmate and Casimir Westerveld running recruitment, nothing will function.
 
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.

Many people said the same about Todd Boehly then he found a UEFA ‘loophole’ which enabled him to spend nearly £600m in two windows by using 7 year contracts to amortise the costs, you realise the club conveniently hasn’t announced it’s new short sponsor and conveniently pulled the plug on Saudi being potential Sponsors, you use the word ‘legally’ and clearly you did not see Gary Neville interview with Uefa President, Cerefin who didn’t hide his hatred for the Liverpool and Current united owners, enfact he was so grateful to the German and more importantly PSG Qatari owners for not backing The Super League he promoted Khalifi to a new exec role on Uefa Board, alongside David Gill.

When Gary asked him about a level playing field with spend, he laughed and said the big clubs will always spend more than the others!

When Gary said “Are you worried about the strength of the PL and their spending power?”

He answered ; “The other leagues and teams must improve and get better!”

My point is it won’t be that difficult to give the club a ridiculous Qatari shirt sponsorship over 10 years for £1.5bn at £150m per year and whose going to contest it, United having this new investment is more credible to 99% of the world of football than city getting a fake £125m for shirt, sleeve, Etc.

Everything the Middle East owners do will be ‘legal’ because as City have proven and will continue to prove, by paying for the best lawyers everything is legal.

I also doubt that if next years accounts show such a huge loss, many of the bidders would not be increasing their bid for the club, having seen the accounts if they knew that they could not spend £200-250m this summer on new transfers.

The Debt is instantly wiped off and the ‘Ebitda’ position changes plus losing Ronaldo wages of £15m for 6 months would have helped and so would have the Glaziers not taking dividends in this year’s accounts. Everything is being pushed to make the sale attractive now, why in earth would you increase your bid from £4.5bn to £5.5bn after having your ‘best in class’ bankers looking through and number crunching accounts , if when you have all the numbers you then decide to buy the club, knowing you can not buy any new players !

Not Even Qatari would want a vanity purchase like that where no new players could be added to the squad but you bought the name and the brand just to say look at me ; “I’m the owner of Man United”
 
Not necessarily
Put it this way - if Jim and the gang buy us, the same people moaning about Qatar will be the same people moaning about Jim in two year's time.

"How can we compete with the oil clubs?!"

"This isn't a level playing field!"

Because Jim's group will be no better than Chelsea's owners in my opinion. And that thought scares me more than Qatar.
 
Haha! Pleased that I can spot it, at least for now... I've been messing around with it, haven't found a good way to use it for work yet but it's on the to-do list. Got an invite to the Google one a while back, the differences in writing styles are interesting. Here's the response to "how could blockchain technology be helpful to Manchester United?":

Here are some ways that blockchain technology can be helpful to Manchester United:
  • Ticketing: Blockchain could be used to create a secure and transparent ticketing system for Manchester United games. This would help to prevent fraud and ensure that all tickets are sold to legitimate fans.
  • Merchandise sales: Blockchain could be used to track the sale of merchandise, ensuring that all royalties are paid to the appropriate parties. This would help to prevent counterfeiting and ensure that Manchester United receives its fair share of revenue.
  • Fan engagement: Blockchain could be used to create a more engaging experience for fans. For example, fans could use blockchain-based tokens to purchase merchandise, unlock exclusive content, and participate in polls and surveys.
  • Player contracts: Blockchain could be used to create secure and transparent player contracts. This would help to prevent disputes and ensure that players are paid their fair share.
  • Finances: Blockchain could be used to manage Manchester United's finances more efficiently. For example, blockchain could be used to track payments, manage assets, and generate financial reports.
These are just a few examples of how blockchain technology could be helpful to Manchester United. As blockchain technology continues to develop, it is likely that we will see even more innovative applications in the sports industry.

Interesting that it hits some different points, and puts a different emphasis on some where they overlap, but I haven't seen a good comparative analysis of that yet.

What I do think holds true is that Bard sounds more...focused? Don't know how to describe it really.

To me it all sounds like an above average but very dull (or possibly insane) 16 year old student's writing assignment.

Can you specify how long the answer should be? As in: explain briefly how X could benefit Y?
 

I never understood why some reports kept emphasising that Jassim bid is more preferred to the Glazers because it is debt free or that they liked their plans more. At the end of the day, they don’t care as long as they get the most money they can. Even if the club was bought on debt by Ineos, the Glazers would still get all the money.
 
A few pages ago I posted a detailed breakdown of the dollar to pound fiasco and was pretty confident in it.

According to latest reports I am wrong and it is indeed £6bln they are after which is insanely high.

But I think the 5.5bln gets it done which is remarkable.
 
Which is why Big Jim and his big loans won't be able to compete with an extremely cash-rich Qatar.

This is as good as done, in my opinion of course.

If Ratcliffe partners with some of the other bidders, he will be able to offer even more money than Mr. Jassim.
 
Which is why Big Jim and his big loans won't be able to compete with an extremely cash-rich Qatar.

This is as good as done, in my opinion of course.

He could get himself back by investment firms though. I’d be surprised if he just gave up. He would know he can’t compete with Qatar on his own.
 
I never understood why some reports kept emphasising that Jassim bid is more preferred to the Glazers because it is debt free or that they liked their plans more. At the end of the day, they don’t care as long as they get the most money they can. Even if the club was bought on debt by Ineos, the Glazers would still get all the money.
It’s significant as it means they can get the cash sooner.

They claim it’s a capital investment , so it’s cash down pretty impressive.
 
I never understood why some reports kept emphasising that Jassim bid is more preferred to the Glazers because it is debt free or that they liked their plans more. At the end of the day, they don’t care as long as they get the most money they can. Even if the club was bought on debt by Ineos, the Glazers would still get all the money.
Of course, that's why many of us are scared of Jim's and the loans.

It HAS to be a cash-rich entity so we can run ourselves again. We DO need a cash injection as well, something Jimbo won't be doing in my opinion.
 
The real talent was the likes of Henk Veldmate and Casimir Westerveld, who both run recruitment at first team and youth team. And these are the guys who identify the talent which makes life easier for a DoF. Without the likes of Henk Veldmate and Casimir Westerveld running recruitment, nothing will function.

Cheers, thanks for the info, will look them up.
 
A few pages ago I posted a detailed breakdown of the dollar to pound fiasco and was pretty confident in it.

According to latest reports I am wrong and it is indeed £6bln they are after which is insanely high.

But I think the 5.5bln gets it done which is remarkable.

£6 billion is $7.342 billion or €6.81 billion which they want for 69.5% of shares meaning that if Qatar buy for this they would then need to pay another £660m to clear the Debt and then buy the 700,000 additional A shares at market cap of $20-23 which is another £1.1bn to 1.2bn for the Qatar owners to take Manchester United private again.

That’s nearly £7.7 to 7.8bn without the additional investment promised for stadium and infrastructure.

The compromise will be ; the deal is reported as £6.1bn sold, hover the Glaziers will only receive £5.45bn or $6.7bn as the debt will be paid with the rest of the money deposited for the sale, this making the club debt free. That’s just an educated guess but who knows with the greedy Glaziers.
 
As we are all in a believing mood, what if Big Jim and The Ineos Experience started posting all over Twitter, leaking stuff to specific journos and making wild claims about spending on this that and the other, would you feel more positive about his bid?
 
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?

Read the last 877 pages mate, some people have shared their thoughts on the matter.
 
Knowing the Safestyle US family and their contempt for United fans, I think stuff like this actually strengthens SJRs bid.

Better to stay quiet
How would them claiming that they're ready to invest billions more in capital top of the club valuation fee they'll pay for the club strengthening the INEOS bid?

What's the logic there?

A comprehensive plan to spend upwards of 10B+ to modernize all facets of the club somehow being helpful to a rival bid doesn't make any sense
 
I wonder when someone will call the glazers out on their bs about selling minority stake. Which glazer sibling is going to agree to forgo his share for them to sell a minority stake and use that money to pay off loans or invest in the stadium?
 
Knowing the Safestyle US family and their contempt for United fans, I think stuff like this actually strengthens SJRs bid.

Better to stay quiet

Funny that, it doesn't seem to be the case when measuring the different polls.
 
Given there's 7-8 bids, you'd expect 3-4 of those to be discrete.

Here's to hoping we pull a rabbit out of the hat @NotThatSoph - Ambani perhaps. (he was written off from one clickbait report)

Maybe they have signed some kind of unique confidentiality thing but surely IF there was any interest from Pagliuca or Ambani it would be well known
 
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