Glazers looking to sell off a minority share & bring in a new Investor

UnofficialDevil said:
So why didn't they sell to the Arabs before they bought Newcastle.
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just playing devils advocate but I think the brand is looking quite fecked for the first time since they took over, thus making it much harder to do commercial deals.. we're entering peak banter club territory at this point, and also our fans have started boycotting sponsors too

that and realising the operational profit of the company is no longer enough to keep the club in the Champions League more often than not
 
Tarrou said:
just playing devils advocate but I think the brand is looking quite fecked for the first time since they took over, thus making it much harder to do commercial deals.. we're entering peak banter club territory at this point, and also our fans have started boycotting sponsors too

that and realising the operational profit of the company is no longer enough to keep the club in the Champions League more often than not
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I don't think the club has ever been in such a perilous position (Munich aside). I cannot remember a big club having such a big crisis as this. Maybe AC Milan?
 
Suspicious timing. This could be nothing more than an attempt to take the sting out of the planned protests and unrest around the club.
 
NLunited said:
Suspicious timing. This could be nothing more than an attempt to take the sting out of the planned protests and unrest around the club.
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I see people saying this but it doesn't make any sense, surely it adds to the momentum as it gives the feeling that the protests are working?
 
NLunited said:
Suspicious timing. This could be nothing more than an attempt to take the sting out of the planned protests and unrest around the club.
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It may well be, but how would that work exactly? All I see from The 1958 on Twitter - as well as others - is a galvanization. They see this as a chink in the armour, an encouragement toward a final push. That's also exactly how I feel: the finishing line is right there, and we've just got to power through.
 
I can't really get to excited about this. A minority share doesn't actually change anything. The Glazers are still in control, as are the people they have placed at the top. Sure we get some money, but odds are they manage to take a large chunk of it out of the club anyway, and none of the actual rot is removed.
 
This is how Malcolm Glazer started, right? He started off with acquiring less than 3% of shares in 2003, according to wiki. It apparently took him 2 more years to complete the takeover. Hope this takes less time.
 
So if 90% stake was split between six brood how many of them are selling and what percentage will that be they lose control of.

Also if they are selling to a private investor does that mean that investor gets right of first refusal on the remaining shares if/when they are sold down the line?
 
Boondog said:
So if 90% stake was split between six brood how many of them are selling and what percentage will that be they lose control of.

Also if they are selling to a private investor does that mean that investor gets right of first refusal on the remaining shares if/when they are sold down the line?
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I thought Joel and Avram pretty much bought all the shares from their family a few years ago, as their siblings weren't interested in the club then either. Could be wrong, but if not then they only own a small share.
 
Waynne said:
First job for new owner is to kick Murtogh and Fletcher out on their arses. Neither are qualified to do the job at an elite club such as United. They can go ply their trade an Yeovil Town FC.
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Arnold too. Basically everyone who has engineered our downfall. Build the club up as a football club first and business second.
 
Waynne said:
First job for new owner is to kick Murtogh and Fletcher out on their arses. Neither are qualified to do the job at an elite club such as United. They can go ply their trade an Yeovil Town FC.
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Yeah the priority has to be a best-in-class senior leadership team. It's about time we had football experts running the club
 
Match going fans should fill the stadium in proportion to the Glazers' stake. If they sell a minority stake, then we'll fill in minority part of the stadium. They sell 0.5%, we fill 0.5% of stadium seats. :D
 
Dargonk said:
I can't really get to excited about this. A minority share doesn't actually change anything. The Glazers are still in control, as are the people they have placed at the top. Sure we get some money, but odds are they manage to take a large chunk of it out of the club anyway, and none of the actual rot is removed.
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Yeah but is this not just a way of basically alerting potential investors to make a bid...without saying outright 'we want to sell?'

It's a bit of a game of 'cat and mouse' isn't it. If the Glazers said they wanted to sell, their negotiating power goes down.

Likewise, Jim Ratcliffe has always distanced himself from buying the club...until he smelt weakness and opportunity.

Basically, it's business 101...only Ed Woodward is stupid enough to knowingly weaken your negotiating position publicly :rolleyes:
 
Waynne said:
They can go ply their trade an Yeovil Town FC.
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My mate who is a fellow Red but also follows Yeovil as his local side suggests they wouldn't be welcomed...and if you know of the sorry state of affairs at Huish Park, you'd know that is saying something!
 
The Express are saying Glazers want to sell all the club, not just minority stake. Maybe they have got wind of Racliffes offer, or Ineos have now contacted them.
 
Big deals like this type of transaction would normally be pushed along secretly until the point of exclusivity - can see Glazers only dealing with investment funds/private equity as these businesses are used to acquiring and disposing of organisations quietly and its all done on pure economic factors and not emotion - id really doubt that they would want to get involved with JR as the fan galvanisation would become too intense for them and put them in a weaker selling position.

Still, finally looks like the wheels are turning on something. Next Mondays match and crowd actions will now highlight this even more. I wonder if Joel will still turn up for the match!
 
Apollo can feck off, disgusting firm still with links to Leon Black.
 
pascell said:
I've a bad feeling this is going to go ahead but they'll attempt to do it in the background whilst the transfers go through.
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Ah, the old shake you by the hand whilst kicking you in the bollocks ploy, I think fans are wise to it this time.
 
::sonny:: said:
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WHo is 'they'. All the Glazers do is short term fixes to appease the fans, while underneath the club continues to rot away. There is divsion between the 6 Glazers, some want out. Makes a full sale a problem. Now is the time to ramp up protests, not be appeased for them overpaying in desperation for a couple of players.
 
pascell said:
I've a bad feeling this is going to go ahead but they'll attempt to do it in the background whilst the transfers go through.
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Of course, transfers a massive smokescreen while they line their pockets again. They take us for fools. Question is, are we?
 
Waynne said:
First job for new owner is to kick Murtogh and Fletcher out on their arses. Neither are qualified to do the job at an elite club such as United. They can go ply their trade an Yeovil Town FC.
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I’m loving my life said:
Arnold too. Basically everyone who has engineered our downfall. Build the club up as a football club first and business second.
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Lentwood said:
Yeah the priority has to be a best-in-class senior leadership team. It's about time we had football experts running the club
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I am glad that redcafe posters are finally seeing reason. There was a time when I was the only one saying that.
 
devilish said:
They probably want to negotiate from a position of strength. That won't happen with riots at OT
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Which is why the protests need to ramp up. The pressure is on, they are vulnerable, some of the Glazers want out.
 
::sonny:: said:
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What, the Glazers are trying to appease the fans?

Glazers don't care. As most are saying, the Glazers will give the green light to spend, now knowing they will be selling up, and the new owners will be servicing the debt and money owed in transfer fees.
 
Gordon Godot said:
Which is why the protests need to ramp up. The pressure is on, they are vulnerable, some of the Glazers want out.
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Yeah. I believe it's too late now for the Glazers. The fans have been mobilised. They now know someone is willing to buy us. It's no longer just hope that someone will come for us, there is an actual person there who is willing to buy the club.

Monday will be crazy.
 
red thru&thru said:
Yeah. I believe it's too late now for the Glazers. The fans have been mobilised. They now know someone is willing to buy us. It's no longer just hope that someone will come for us, there is an actual person there who is willing to buy the club.

Monday will be crazy.
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Lets hope so. We can win.
 
red thru&thru said:
What, the Glazers are trying to appease the fans?

Glazers don't care. As most are saying, the Glazers will give the green light to spend, now knowing they will be selling up, and the new owners will be servicing the debt and money owed in transfer fees.
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I'm not sure exactly what the post is getting at so I stand to be corrected but I don't think it's implying the Glazers are trying to appease the fans. Like you say, they have proven they don't care about that!

I think the post is implying they no longer care about counting the pennies and only care about making the club more attractive to a prospective buyer. Again...I stand to be corrected if that's not the point.
 
Lentwood said:
I'm not sure exactly what the post is getting at so I stand to be corrected but I don't think it's implying the Glazers are trying to appease the fans. Like you say, they have proven they don't care about that!

I think the post is implying they no longer care about counting the pennies and only care about making the club more attractive to a prospective buyer. Again...I stand to be corrected if that's not the point.
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Yeah, I'm with you on that, the post is very unclear.
 
Valencia's Left Foot said:
Just got done reading a great book about how Apollo bankrupted Caesars Palace in Vegas. Super shady bastards.
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That takes some doing, bankrupting a casino!!

What's the book called? Sounds interesting!
 
Neville, "the time has come for the Glazer family to sell the football club, the time has come, it is now"
 
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