they actually bid for the club
Club Sale | It’s done!
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they actually bid for the club
They….. already…… bid??
I don't get 3rd round. After 2nd bids, they will choose one for exclusive talks. So, they expect that in those 3rd round that buyer will raise bid AGAIN?
Yeah I wrote a few myself but complaining about decadence and corruption in football is like moaning about a paper cut in an abattoir. It's just the world we have, not the world we would like.
Nah it's just how a sealed bid auction designed to squeeze the maximum offer looks from the outside. The Glazers stink of rentier capitalism and they are completely predictable as a result.
Ffs
Yup. Assuming there really are more than just the two we know about, I can see the third round being a face off between Jassim and big Jim. Fight to the death, biggest offer wins.
I've never seen one, so I don't know.
I expect that they might at least levitate above the level of the peasants.
So, maybe they walk on air.
I odnt see that at all. At some point there will be a top bid and the choice for the Glazers is to accept it or not. They may want £6bn but that doesnt mean they can walk away from £5bn. If they dont sell now they then become committed to taking United to the next level and if they were happy with that idea I'd suggest they wouldnt be exploring selling at all.
Sorry, but were they looking for £6B or $6B.
You know that incompetent 'journalists' will write anything that gets them a story.
You know that incompetent 'journalists' will write anything that gets them a story.
Yes.
Can't understand why this is dragging on.
I am old enough to remember when 6 bees was considered a lot of bangers and mash.
Back of the sofa chump change to your modern day high roller.
I am old enough to remember when 6 bees was considered a lot of bangers and mash.
Back of the sofa chump change to your modern day high roller.
The Glazers aren't going anywhere. Deal with Elliot Management will be announced next week I reckon.
This is hard to imagine. Selling a minority stake to Elliot in order to invest in the club is counter to the last 18 years. That would be the same as the Glazers putting their own money into the club. Either Elliot gives them a loan, which the Glazera put into the club, or Elliot gets a stake, which reduces the Glazers' stake.
The Glazers have 69% and want 6 billion, meaning they are valuing the club at about 8.7bn total.
They're only being offered 5bn for their 69%.
Let's say they take 1bn from Elliot for 19%, keeping 50% for themselves.
In order for the Glazers to get 6bn by owning 50% of the shares, the club would need to be valued at 12 billion.
That's a 38% increase in value that they would need to achieve in order to get 6bn from a future sale.
"My offer is this. Nothing.
And I would appreciate it if you clear the debt as well"
And I would appreciate it if you clear the debt as well"
And if they don't take that, they get a bullet in the eye while getting a massage.
Multibillion dollar deal and “can’t understand why this is dragging on” feck me
State.That @qatari bloke seems to have realised nobody believes him. Cant imagine what gave him that impression
Tough crowd.Multibillion dollar deal and “can’t understand why this is dragging on” feck me
So the Glazers will just keep making rounds to drive the price up?
Non sense, they should name a price and the interested send their best offer and that's it. This round non sense is boring.
Non sense, they should name a price and the interested send their best offer and that's it. This round non sense is boring.
Seven Hag!
Add to basket -> Checkout -> Confirm delivery Address -> Confirm PurchaseMultibillion dollar deal and “can’t understand why this is dragging on” feck me
£6Bn purchase will take 2 - 3 business days to arrive
This takeover process will have more rounds than the Europa League by the end.
….or it’s how all mutli million and multi billion pound business deals are done. It’s not an eBay purchase for feck sake
….or it’s how all mutli million and multi billion pound business deals are done. It’s not an eBay purchase for feck sake
It's classic game theory of how you structure a bidding competition to maximise the winning bid. The Qataris and Ineos will be well aware of that so it becomes a game of chicken. They will simply bid their best offer and no more, but in stages very much like an ebay sale. In the end the Glazers have the weaker positon because they have to sell - debt is no longer free and the capital value of the club has peaked and will only now decline under their ownership model. It's a simple numbers game.
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I get it but surely the bidders will at some point call it's their final offer also if the bidders know, and probably they do, that the Glazers will keep up naming rounds they don't submit their very best.….or it’s how all mutli million and multi billion pound business deals are done. It’s not an eBay purchase for feck sake
I don't remember any other club doing this round thing when selling.
You found paradise in Old Trafford, you didn't need people like me
You had banks, tv money you were protected
Now you come to me and you say give me six billion dollars?
They say sarcasm is the lowest form of wit.
That may be true. It's also a good way of exposing the dullards.
That may be true. It's also a good way of exposing the dullards.
Chelsea had multiple rounds of bidding but they were obviously working to a much tighter timeframe than United are with this potential sale (there is no timeframe really). The Glazer's have a price in mind presumably and nobody yet has got near it, they're entitled to keep pushing given that there are still multiple bidders.
worst season of The Bachelor ever.
Which is why the glazers deciding to stay by selling a partial stake to Elliot is going to be so painful
Qatar will probably end up going for Liverpool or Spurs and we will be left in the dust
This thread is as entertaining as the FDJ thread... Hilarious
Well you got me intrigued. I like to be intrigued. So I did some digging. Here is the culprit who started off this fashion…
6 billion Hags
Why is Sir Jim even trying to buy the club when he is against Qatar? Surely there is no way Ineos/Sir Jim outbid Qatar
What the hell is this? F U man!
Eight hags? Is it too late?
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