Sir Jim Ratcliffe: I want to buy Manchester United | Will make a bid for the club [Telegraph]
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fecking pay the men Jim
China
Dubai
Dubai.
£5bn is insane and won’t ever happen. There’s not enough profit, assets, or growth to justify it. One can look at acquisitions historically and estimate what the true valuation should be, and I doubt it would be anywhere near that.
Aa long as they let us be a football club, I'd take it. But Ratcliffe is the preferred choice since he's actually a football fan.
How are their human rights? Horrific too? I’d rather just have a -relatively speaking for a billionaire- squeaky clean man in Ratcliffe. But I do see the Glazers cashing in on the highest bidder.
What Did Chelsea go for?
From their point of view, why wouldn't they?
~2.5bn
I think £4bn is realistic. Whoever buys the club will need an additional £1/1.5bn capital for investment
This makes it sounds like we've been sold, or on the verge of being sold.
Please Dubai us.
Yeah closer to the truth. Rough math tells me something between 3.5 and 4 would do it, looking at EBITDA, market cap, assets, and liabilities (the debt!).
Generally - you don't buy a football club for profit.
If Chelsea can sell for £4.5bn then united are worth north of £5bn. Our stadium is the largest in the country and generates a lot of revenue from match days and merchandise. Our marketing team for sponsors is the best in the world, we will be selling sock space for names soon enough. We have the fan base to go with it and also the history and romance needed in world football.
Isn’t there a very rich person in Dubai who is United mad? Or have I imagined that?
They didn't, it was like £2.5bn plus £1.5bn pledged for investment
Not sure, but they're the obvious one now, right? Abu Dhabi, Qatar, Saudi's all have their Premier League clubs now, would be a big statement by them.
Bbc says this
In May, Sir Jim made an unsuccessful £4.25bn offer to buy Chelsea after owner Roman Abramovich put the London club up for sale.
Chelsea sold for £2.5B, with a commitment of investment into the club over a certain period of time. Considering their debt was to a person, who was partially waving it and not collecting interest, they didn’t have our liabilities.
I’d be surprised if we are sold for more than 4B. My guess it would be something between 3.5 and 4, if we are sold today, with a commitment of investing 1-1.5 over the next 5 to 10 years.
Sure feels like we are being 'shopped' at least. Fingers-crossed.
Like the Glazers care bout commitment to investing in the club... Please, Glazers aren't selling this club for anything less than 5 billion and poke myself in the eyes if that happens. They rejected a 4 billion offer from the Saudis a few years ago, they want money and they want the big money. They couldn't give a crap what the next owners are going to invest or whatever.
Lets be honest, who has heard of Ineos outside of F1?
I have Ineos hand sanitiser, if that helps.
£2.5bn + £1.7bn in guaranteed infrastructure and squad improvement over 10 years - £500m of which was deferred, to be paid at a later date.
And the ex Team Sky Road Racing Cycle Team.
You are disregarding the other points which add up to over £1bn being sucked out the club by them then?
Also, I forgot to add they sold shares worth £120 million last year, that went straight into their pockets without giving up any control.
Points is, United is the very definition of a cash cow to the Glazers. Could they be pushed to sell though, maybe.
Welcome Gautam Adani!!!
Knew they owned both Lussanne-Sport and OGC Nice. Took over Team Sky Cycling.
The club was bought for £790M and is now worth an estimated £5Bn. It all depends whether they think it can continue to increase in value in the next 5 - 10 years, while still being milked for cash.
Seriously doubt that Dubai would compete with their sugar daddy and main financial emirati (Abu Dhabi) in football ownership.
Ballmer. Very rich and only owns one sports team when jokers like Kroenke and Henry, who are impoverished by his standards, own a few sports clubs each.
People that have worked in business? Not everyone can own Coca Cola
It's gone very quiet today which makes me worried....
If iPaperSport said it it must be true