Could they be plotting to overthrow the FA and control football via VAR?
Club Sale | It’s done!
- Thread starter JB08
- Start date
- Status
Could they be plotting to overthrow the FA and control football via VAR?
Disagree its about rival fans feeling better, I genuinely don't see how their success can be lauded vs our great history for example - they have bought their success with revenue not solely generated from the club, and this is why they are under constant investigation.
No narrative, just how I feel about oil money. It's clearly a fronting situation, so let's cut the bs. That invidiual does not have the personal wealth to buy utd themselves, its been confirmed, so there has to be 'other' money involved, to which we don't know the origin.
Utd means different things to different people, so if you're happy with that outcome then fair enough. I think we are better than that pal
The Telegraph reported that they got £30 million for 5be Chelsea sale.
Obviously the Chelsea sale had some pretty major differences but yeah, 30 mil.
percentage of the final sale you would presume or any investment received.
Oh dear Tracy. The distinction (and the point you quoted posts were making) is that the transfer spend has come from club revenue, not out of the Glazers pocket.
They have put none of their own money into the club since the debt laden buyout.
I can’t believe there are still fans after 17 years who don’t understand the difference.
Ah, Susan. I do understand the difference,
They've not invested any of their "own money" in the club or on transfers. When have they ever?
They've still sanctioned the spend of over a billion on players, money generated by the club they own, a lot of it through commercial activities approved by them. So, you can say they've never invested any of their own money, which is technically true. But they've still put up, not put in, plenty of funds in the transfer market. Which is the point I made originally.
Clear briefing that the bids aren't near high enough for the Glazers to accept....
The use of popular women's names at the start of posts is a welcome development.
Nobody disputes that Barbara. But the club would have been able to do that even if we didn’t have the Glazers for owners. It’s no pat on the back for them.
Just waiting for the inevitable. Qatar, with a new front man, to buy Liverpool and make them win the league season after season. While we continue to pay for the Glazers lifestyle, all those journalists who tried to stop Qatar getting us being very quiet and happy with how things turned out.
The Glazers are so incompetent that we'd end up getting fecked over by VAR even more.
Sheik Moggsy Al Hubcap
The Qatari’s established Keegan early as their mouthpiece. They’re now using him to put public pressure on the Glazers. It’s all fun and games at the negotiation table.
Indeed, Linda.
It seems a lot of this speculation is flawed. THe share price has gone up at the prospect of a full takeover which would see all shareholders sell out. If there is no sale then expect the share price to fall sharply. Noone lends money on the basis of a share price spike or an offer that wasnt accepted. The only realistic scenario I can see is that Avram and Joel keep their shares and keep seats on the board. There is simply no way tehy can afford to buy out the other siblings for several billion. Its also hard to see how more money is injected into the club. At the moment all the sale proceeds go in the pockets of the Glazers. So even if at least two of them stay on where do the funds come from? they could so some form of new share sale where the proceeeds then go to the club, but not sure this is attractive to many outside investors and would be incremental cost on top of buying out the siblings that want to go. There may be complexities here i dont get but its really hard to see how they stick around without putting even more debt on the club, which would not allow it to develop.
Well its a fact they haven't spent money, all the money that's been spent could of still been spent without the Glazers so I don't know why you're giving them credit. Plus without them taking money out of the club we would of had that invested back in to the facilities.
You say other clubs do the same but the Glazers are the only owners in the Premier league that have invested no money.
Who's to say if a different owner would have spent as much. They could have spent more of that money on a new stadium, the training facilities, the debt or taken more for themselves.
So, credit where it's due, Sandra. The money was there to be spent and they allowed it.
Missing something off this, they spent the money when they had no choice as they knew without top 4 they couldn’t keep draining the club.
While keeping the masses of fans just happy enough to stop what we eventually saw with the Liverpool game.
How about we give them no credit as they saddled the club in debt and take dividends every year? They deserve less than nothing. Allowing the club to spend its own money isn't anything to write home about.
Come on Eileen.
They have spent money, Utd literally have one of the most expensively assembled squads in world sport. The source of the money is not really the issue.
They don't invest any of their own money, because they have had no need to. The club has been able to make enough to sustain itself and pay off some of the debt. That's not really the case anymore, because there's serious investment needed in other areas than just the team on the pitch, and they just can't lump more debt onto the club.
Hence the need to seek other funding through this process or indeed to just sell it and let someone else do it.
What’s your angle?
Darcy, is that you?
The point you’re missing is that the owners of most PL clubs have invested their own money into the club, in addition to spending money earned by the club. The Glazers have only ever taken money out of the club.
It is a truth universally acknowledged, that a single man in possession of a good fortune, must be in want of a football club.
Have none.
I just find it funny, that fans can say they haven't spent money when they have, they've spent lots if it. You could say because they had to, to keep some success on the pitch to keep high levels of revenue coming in. It's a catch 22 really.
The real problem is that they've not invested any money into the actual infrastructure of the club itself, mostly due to the debt they have to repay, on top of everything else. Now, this all needs serious investment and their only options are to get into more debt to do it themsleves, or sell up and leave it to someone else.
They've been terrible for the club in more ways than one, and I do think they need to just go.
Genuine question for anyone with a better business brain than me (so... anyone)
If Keegan and other press know that the Glazers won't sell for anything below £6bn, the Sheikh's team and Ineos's team will obviously know that too. So why are they bothering with bids that won't get accepted?
(Also, if it's true that the Sheikh has the money to do £6bn easily but doesn't want to see seen overpaying, why doesn't he just whip a brown envelope out to cover the rest)
If Keegan and other press know that the Glazers won't sell for anything below £6bn, the Sheikh's team and Ineos's team will obviously know that too. So why are they bothering with bids that won't get accepted?
(Also, if it's true that the Sheikh has the money to do £6bn easily but doesn't want to see seen overpaying, why doesn't he just whip a brown envelope out to cover the rest)
We’re going to have to agree to disagree Debbie. The Glazers don’t deserve any credit, least of all for spending the clubs money - which they have been very good at for 17 years!
I am convinced it will be a full sale, or at least their 69% shareholding. They won't have gone this deep into the process to sell off a small stake in the club, and wouldn't, I don't think, be able to waste so many people's time in this process if all they do is reject all offers at the end of the day. It would be terrible for business, their reputation and would cause uproar amongst the fans. If they pull the plug during the season, expect mass protests and games to be called off.
By all accounts there are several investment firms looking for minority stakes in the club, but I would imagine these would be in parallel of someone else stumping up the rest of the cash. I can't see logic in selling a part stake in the club and the Glazers remaining, as any investment firm will want returns on their capital, thus increasing debt, which they won't be able to service. Elliot or others, won't pump in money to build a new stadium unless they get paid for it. These people would only do so if they owned the stadium outright. I think I read that they held the Argentinean government to ransom at some stage, so they'll have no qualms about evicting us if they're not getting their repayments on time, and at a huge rate of interest.
SJR has gone in with an improved offer. Sheikh Jassim will bid today, likely at a much higher number than SJR's offer, not just because he is seeking to buy 100% of the club, but pro-rata against SJR's 69% offer for the club.
I think Sheikh Jassim will end up winning the race to own the club, as he sounds likely to offer the most money, which is what the Glazers will want.
By all accounts there are several investment firms looking for minority stakes in the club, but I would imagine these would be in parallel of someone else stumping up the rest of the cash. I can't see logic in selling a part stake in the club and the Glazers remaining, as any investment firm will want returns on their capital, thus increasing debt, which they won't be able to service. Elliot or others, won't pump in money to build a new stadium unless they get paid for it. These people would only do so if they owned the stadium outright. I think I read that they held the Argentinean government to ransom at some stage, so they'll have no qualms about evicting us if they're not getting their repayments on time, and at a huge rate of interest.
SJR has gone in with an improved offer. Sheikh Jassim will bid today, likely at a much higher number than SJR's offer, not just because he is seeking to buy 100% of the club, but pro-rata against SJR's 69% offer for the club.
I think Sheikh Jassim will end up winning the race to own the club, as he sounds likely to offer the most money, which is what the Glazers will want.
Yes, but the thing here is. They actually don't need to put their own money in. Unlike most other PL clubs. The club can sustain itself without the need for the owners to pump money in.
The problem with them is the debt, when they took it over it was highlighted as a major issue, 17 years later the chickens are coming home to roost.
If ‘they didn’t need to put their own cash in because the club can sustain itself’ then we would already be playing in a renovated stadium, Ronaldo wouldn’t be crying about the pool at Carrington and we would have signed a bloody striker in January. There also wouldn’t be need for them to seek additional funding or to sell up. You are being a bit short sighted Samantha.
I have a sneaky feeling there is one more big twist in this yet.
I think there’s a possibility of this being it and Jassim will pull the plug on the whole thing and it will be SJR or nothing.
Hope I am wrong.
I think there’s a possibility of this being it and Jassim will pull the plug on the whole thing and it will be SJR or nothing.
Hope I am wrong.
Look, just sell the club, Avram.
Ok Avram,
The debt is only on the club because of them scumbags. And the reason serious investment is needed on the stadium and training ground is because they've taken over £1.5b out of the club rather than investing it back into the club
Can I ask, what makes you feel that the Glazers will stay? Financially, how could they sustain to keep the club?
If this is true, that SJR asked for more time and has still low balled the Glazers on their asking price, then I can see why the Glazers are annoyed.
I agree with the twist but I fear it will go the other way. I’m expecting a Mic drop £6b bid from Jassim who will then tell them to get the feck out of his football club.
Hope I am wrong.
When I looked at this thread late last night waiting for RE4 Remake to unlock, I saw the meltdown posts about Glazers not selling, checked the usual reliable sources about it and saw nothing. It just seems like your standard posturing press release of which they are many from different sides. Theres one outlet thats a mouthpiece for Qatar, one for INEOS, one for the Glazers, one for general anti-Qatar etc.
Don’t forget United is one of the biggest clubs with a significant following, and what better way to get clicks and sell papers than to go against the grain, be a contrarian and report the opposite.
Don’t forget United is one of the biggest clubs with a significant following, and what better way to get clicks and sell papers than to go against the grain, be a contrarian and report the opposite.
When I've been buying and selling houses I never want to overpay. I always offer lowball and give myself room to go up to the figure I want to pay (always below asking price). Neither buyer nor seller will ever agree that its a fair price. Everyone wants a deal. Guessing these businessmen are the same.
Negotiations on a much bigger scale than house buying. I cant seem them not selling at this point but stranger things have happened.
- Status