Yup, that’s when it all kicks off!
Big day today!
Club Sale | It’s done!
- Thread starter JB08
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Big day today!
That supposed text was sent on 27th June 2020, with the takeover being approved 7th October 2021.
Saudi crown prince asked Boris Johnson to intervene in Newcastle United bid | Saudi Arabia | The Guardian
So I'm not sure the timelines quite stack up there?
N.B.
My final allowed post of the day
That was all after a bid had been accepted and while the premier league were considering approval though wasn't it? We are not in that position yet, we don't know whose bid will be accepted, if any. Maybe when we do, and if it looks necessary, protests will come along. If it's Qatar I expect protests against at any rate (not that I would agree with them personally).
And that's the potential problem with this from the PL, it's based on current UK foreign policy, and who the government decides to sanction. And for even more uncertainty it is dependent on the foreign policy of other countries. 14 months ago, Putin would have passed this test.
It's not really based on human rights, but on whether human rights abusers are on good terms with the government.
I'm sure Raine is satisfied that he has the funds, and he doesn't owe it to United fans to explain the source of funds in any legal sense. But it sure would be a lot more transparent if he did, because it would reveal if he is indebted to someone over this potential purchase or not. Say what you will about the hardship of the club under Glazer ownership, but due to public financials reporting in the UK and news media stories, as fans we always knew exactly what was owed by the club and to whom. That's not nothing in my opinion.
Yes, it is taken into account when you value a company. Enterprise Value is what you assess a company to be worth without any debt or cash, then to get to Equity Value (what you actually want to pay) you subtract debt and add whatever cash the company currently has.
Media reports have not made it clear if the bids quoted or the Glazer demands are referring to Enterprise Value or Equity Value.
I do remember them saying that a £20 million transfer budget would be provided every summer with additional funds being made available for special talent situations.
Oh yeah. Good point. Are you sure that promise was made before the takeover? My memory is their first statement only coming out after the deal was done.
Oh you could be right mate.
This is a good word, and an excellent point. There is no transparency around the Jassim bid, and with all the secrecy you can’t help but feel they have something to hide.
Be upfront, put your cards on the table and let’s move forwards! Something as monumental for the club as its future ownership and security of funding shouldn’t be such a guessing game!
Who knows mate. I just remember the takeover being approved very quickly with no inkling it was happening and a few PL clubs being upset they had no idea it was going through.
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I don't think the majority of the Qatari cheerleaders have an MP. Maybe those guys who soiled bedsheets the other week.
Yep and now James Cleverly is pretending to be outraged about the Russians taking an American journalist, yet Newcastle United's owners have literally murdered an American journalist.
69% Glazer shares to be sold and our new ownership to be structured thusly:
Jim Ratcliffe 50%
Elliott Investment Management 25%
Joel Glazer 12.5%
Avram Glazer 12.5%
Dreams can come true. Look at me babe, I'm with you. You know you gotta have hope. You know you gotta be strong
Jim Ratcliffe 50%
Elliott Investment Management 25%
Joel Glazer 12.5%
Avram Glazer 12.5%
Dreams can come true. Look at me babe, I'm with you. You know you gotta have hope. You know you gotta be strong
Based on???69% Glazer shares to be sold and our new ownership to be structured thusly:
Jim Ratcliffe 50%
Elliott Investment Management 25%
Joel Glazer 12.5%
Avram Glazer 12.5%
Dreams can come true. Look at me babe, I'm with you. You know you gotta have hope. You know you gotta be strong
Also, what’s Lisa Stansfield got to do with the price of fish?!!
Weird post.
What news are you hoping for?
The authorities will probably decide that this is the time to finally take a stand and block the sale. Enough is enough.
Day drinking?
999. Time to call the police on the Glazers
(sorry I couldn’t think of anything smart to say)
(sorry I couldn’t think of anything smart to say)
If you’re drinking you need better tunes dude, nobody likes a depressed drink!! (Voice of experience!)
It’s criminal they are still clinging on.
They should be forcibly evicted by the law.
Exactly.
Nobody knows what the future holds. Corbyn was close to power in 2017 and that would've been transformative for Foreign policy (and not in a good way, mostly).
This is an important moment in the club's history. I hope we don't get a new owner we will be moaning about for the next couple of decades.
I don’t think ANY new owner will satisfy the fan base.
We can’t even all get behind a player like Rashford, a manc lad, youth prospect red through and through who spends his spare time highlighting and fighting social injustice. New owners have no chance!
So you are the horny drunk?!
Ok, who will take the spot of angry drunk and happy drunk to complete the set?!
Whoops! Got my whiney RnB female vocalists mixed up. I knew that too!Think you'll find it's Gabrielle
Tonight we're gonna party like it's page 999
So you are the horny drunk?!
Ok, who will take the spot of angry drunk and happy drunk to complete the set?!
69% Glazer shares to be sold and our new ownership to be structured thusly:
Jim Ratcliffe 50%
Elliott Investment Management 25%
Joel Glazer 12.5%
Avram Glazer 12.5%
Dreams can come true. Look at me babe, I'm with you. You know you gotta have hope. You know you gotta be strong
There are a couple of problems with this. First, it leaves the Glazers in complete control because of their Class B shares, so why would SJR want to put in more then $2B to let them keep running the club?
Secondly, what do Elliott get out of their billion pound investment? Nothing until a potential sale in 10-20 years or whenever SJR decides to sell. Doesn’t really sound likely to me as their business model is usually more aggressive.
Get back to making stuff up, we’ll have none of these ‘facts’ you speak of round here.
Heard a rumour the takeover will be announced once this thread hits 1,000 pages. Standby!
Surely we'll be hearing something or other soon? Even if it's a 3rd round of bidding. Seems to have gone very quiet, except for lots or hearsay and speculation
Update in 24 posts....
This guy knows something.
Imagine if everyone involved just simultaneously forgot about the takeover talks
What takeover talks?
Jesus those financial reports are grim.
Feels like such a pivitol point in the clubs history and future.
Feels like such a pivitol point in the clubs history and future.
Think the rough timeline is bidders would hear back from Raine within 2 weeks of the 2nd bid being submitted. So could be a while to go yet.
Why?
This is a potential takeover not a transfer saga.
Considering the amount of interested parties I can see this process dragging on well in to the summer.
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