There's been loads of news and no lack of new pages the last few days?
Club Sale | It’s done!
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There's been loads of news and no lack of new pages the last few days?
They haven’t even put a second bid in yet, so yeah, if they aren’t state funded that well may have to do with them stretching themselves.
Neither you nor I know and that’s always been the problem here, we have no idea about Jassim or about the funding for “his” bid.
It’s never just about what Joel & Avram want though, they are selling to INEOS at that reported price if Qatar don’t come back. The other siblings will ensure it.
Maybe Sheikh Jassim was the bluffer all along.
Could be but I doubt it. Jassim's father is legendary in the ME. If this turns out to be a farce then his reputation, that of his dad and indirectly qatar will be dragged into mud. These people would hate that
let’s hope he’s not the “master of the football directors” as the last “master of the gegenpress” had us doing it for 30 minutes of his first game and thats it
The longer it takes for a second bid to come in the more chance this gets done without another round of bidding I suspect.
Not necessarily if they think it's over priced then they could walk away. It's possible the Qatari's given their vast wealth always want to be seen as tough negotiators and not clowns that will eventually just pay whatever price it takes.
Come on Jassim let’s do this.
According to the Athletic is was.
- INEOS requested more time to prepare and adjust their bid.
- The Raine group accepted and then contacted the Qatar group to notify them of the deadline extension.
Is he going to pay off the £1b debt we have?
They've said this is the final round, or at least Qatar have.
I do hope there is more to come. The thought of the leeches staying. Can't take it
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I don’t think we have that much debt. Isn’t it nearer 700m?
That explains it then.
The Athletic along with the rest of the media completely lost credibility on this one when they all briefed Qatari “World Record bid” being in the other night.
Clear they are trying to cover their arses on this one.
What? Nothing about walking away from a deal you feel is getting overpriced is shameful. Many good Qatari businessmen, likely including his Dad judging by his comments, would appreciate that.
Then they should place a second bid which is according to their valuation. If its rejected then they can walk away with their head held high. Walking away, at this stage, without even placing a bid would sound sketchy as hell.
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Why are we suggesting people are walking away from a deal?
What news have I missed? Can’t see anything
What news have I missed? Can’t see anything
Nothing.
INEOS asked for an extension, Ranie agreed then called Qatar to tell them they also had an extension.
INEOS then put their bid in and Qatar have said they're still preparing theirs and it will be in soon.
Both bids in the region of £4b excluding paying off the debt currently on the club, which Qatar have said they will do, INEOS have not.
Journalists are falling over themselves to be the first to report the bid as 'in' but every time they jump the gun someone from Qatar comes out and says 'we haven't bid yet'
I don’t get the panic. JRs bid is in, along with others, and I fully expect SJ will submit a second bid.
These deadlines don’t really exist. They are simply an ideal timeline Raine would like progress to be made.
Whoever pays what the Glazers want will get the club. If they bid Friday, Saturday or in a weeks time, it doesn’t matter.
Seems the pro Qatar lobby aren’t so bullish about their guy now, and are seeing their shiny new stadium and transfer millions disappear before their eyes.
I have no doubt he will bid again, and will be shocked if he doesn’t.
They likely know the size of the Ineos bid, hypothetically if they think it's overpriced then there's no point in them bidding again.
Having said that I expect they will place another bid.
This thread is weird and follows a strange cycle where everyone makes up negative news and takes it as gospel yet when anything positive comes out about the Glazers going questions the source and suggests it’s made up.
The amount of times I’ve seen people panicking that someone from the process will pull out and buy Liverpool (who aren’t even on the market) is ridiculous!
Some majorly insecure folk.
Exactly - all this deadline stuff is total bollocks dreamed up by the media for clicks and views. Just like all the guff that surrounds the transfer market
When the bidders originally visited Old Trafford, it was said they had 10 days to bid. That seems like a more realistic timeline but even that is likely to be flexible as the bidders are given a chance to ask for more info
https://uk.finance.yahoo.com/news/sheikh-jassim-second-bid-man-114131563.html
Also worth noting that Ramadan just kicked off so that might slow things in Qatar plus Friday/Saturday is the weekend there.
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Yep a few arses twitching this weekend it seems.
Well the transfer market has a deadline for things to get done but a business deal doesn’t.
As I say it’s more a timeline created by Raine, on behalf of the Glazers, which presents the ideal process from start to finish. Obviously such things don’t always strictly follow the ideal timeline but you can bet no one will be excluded from purchasing the club based on failing to strictly follow the guidance.
Ultimately the whole process, including media leaks, is designed to create buffing tension to ramp up the value to the maximum for the Glasers.
Id wager much of what is coming out is from Raine/Glazers and it’s likely gone quiet now given there’s only one bid pending so there’s not much more tension to be created until it is submitted.
I think for those that want Qatari owners the delay is actually positive given it suggests a thorough evaluation and a higher likelihood of meeting the demands of what Raine are looking for.
It seems JR asked for the extension which suggests his bid needed more time, possibly to increase financing, and as such the natural response from Qatar would be to use the time to ensure they surpassed it.
Trying to buy us with a few kilos of weed is a bad idea.
The bid is 50 cent
He's bid 4.20 billion
4.10 I heard
Do they use e mail thesedays? Or are we still talking fax?
I think mail.
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