Saudi Takeover - Claim deal done

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SmallCaine

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He’s made a fortune, he bought it for 140 million quid. It was valued at 2 billion in May this year.
Value means nothing unless he is looking to sell and you are completely ignoring the money he spent to prop them up in transfer window. Pretty sure he's loaned them a lot of money without chelsea having to repay him a dime.
 

Ikon

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I've read that no one will pay 3bn straight cash for United...MBA paid €400m plus for a painting and €500m for a yacht.
Saudis are known for their lavish spending, so I wouldn't put it past them paying straight cash. Either way, I doubt it would matter much.
The Saudi Royal family have an estimated fortune of $1.4 TRILLION..!!!!
A deal to buy a prestigious club such as Manchester United at whatever price the Glazers want will be no obstacle to them whatsoever.
If the Saudis want to own this club, then they will, as the Glazer's will cave in at some point.
 

AneRu

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Value means nothing unless he is looking to sell and you are completely ignoring the money he spent to prop them up in transfer window. Pretty sure he's loaned them a lot of money without chelsea having to repay him a dime.
He could go the Glazer way of borrowing money using his Chelsea shares as collateral.
 

UweBein

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Is this really happening? (I can't read 45 pages, ffs)
 

Enigma_87

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But that's beside the point United aren't that lucrative for a billionaire, that's one of the reason why it's unlikely that United will be purchased by the likes of Ratcliffe, outside of a country purchasing the club any other candidate will have for plan to increase the value of the club and make hundreds of millions in cash when they sell it, the rest could be anything but even 500m in cash is worth it. We are comparable to the LA Dodgers when McCourt sold them.
Yeah that is a good example.

Reselling on a premium is a viable option for the Saudis, but again depends on their angle of investment and long term ideas.


Maybe last year the takeover was scuppered by the bad press that followed that journalist's murder. What is clear is that there is interest from the Saudis and that the Glazers face a huge and costly rebuild to get United to a point where they are attractive enough for sponsors to offer record deals. Poor results have consequences and the biggest of them is a fan revolt, the very fans that sponsors and partners would be targeting.

There is also the issue of whether the Glazer siblings have consensus that owning United is the best way forward for all of them, they have been some reports of some siblings wanting out and they certainly aren't going to accept selling their stakes on the market when the market price has collapsed. All these factors-
- the decline of the asset,
- the presence of a big offer and
- the lack of consensus amongst the Glazer heirs will contribute towards a decision to sell should they get a sizeable offer and reports say the Saudis are preparing one.
No doubt there will have to be a huge investment in the team, but that goes for the Saudis as well. If they are to buy it outright they still have to pour between 500m to a bn to get us back in shape if they follow the City model(probably will).

I disagree that the asset is declining, and that being a prime note for them to force a sell. Their other sporting asset is on a wane for quite a while now and they haven't entertained selling it yet.

I'm probably inclined to agree on the bolded part considering the latest Kevin's stock shares conversions and that there has been movement in that respect, but we're yet to see something substantial yet.
 

sglowrider

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But United do not generate that much money, you are not talking about selling BP but a business that at best generates around 20m per year between 10 people. Selling that business at 3-4bn is almost a no brainer unless if you have some sort of irrational feelings for that business. In France it would be more lucrative to take the money and put it in a Livret A.
At the end of the day United is a small business when you look outside of sport.
But if you look at it, United as a brand is batting above its station. For as small a topline revenue it generates, its has pretty high visibility -- week in, week out.

I am sure those in power will see it as under-valued especially those who need positive publicity.
 

FrankDrebin

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Please dont let this happen.
Please dont let this happen.
Please dont let this happen
Please dont let this happen
Please dont let this happen

:(
 

TRUERED89

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I've read that no one will pay 3bn straight cash for United...MBA paid €400m plus for a painting and €500m for a yacht.

Saudis are known for their lavish spending, so I wouldn't put it past them paying straight cash. Either way, I doubt it would matter much.
The crazy thing is that $400m Davinci painting has been proven to be fake as well. He seems like he couldn't care less. Bottomless pit of money!
 

red thru&thru

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The Saudi Royal family have an estimated fortune of $1.4 TRILLION..!!!!
A deal to buy a prestigious club such as Manchester United at whatever price the Glazers want will be no obstacle to them whatsoever.
If the Saudis want to own this club, then they will, as the Glazer's will cave in at some point.
Exactly. Will be interesting to see what happens. Personally I'm not expecting any official confirmation any time soon but something seems like it is happening!
 

JPRouve

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But if you look at it, United as a brand is batting above its station. For as small a topline revenue it generates, its has pretty high visibility -- week in, week out.

I am sure those in power will see it as under-valued especially those who need positive publicity.
But the visibility doesn't generate that much money for the owners. United visibility is great for third parties like broadcasters and manufacturers that purchase advertisement spaces linked to United, that's where the brand's worth goes. And these people actually make a lot more money than the owners on the back of United. The reason for that is that football and sport in general are labour heavy and labour cost a lot of money.
 

AneRu

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Yeah that is a good example.

Reselling on a premium is a viable option for the Saudis, but again depends on their angle of investment and long term ideas.




No doubt there will have to be a huge investment in the team, but that goes for the Saudis as well. If they are to buy it outright they still have to pour between 500m to a bn to get us back in shape if they follow the City model(probably will).

I disagree that the asset is declining, and that being a prime note for them to force a sell. Their other sporting asset is on a wane for quite a while now and they haven't entertained selling it yet.

I'm probably inclined to agree on the bolded part considering the latest Kevin's stock shares conversions and that there has been movement in that respect, but we're yet to see something substantial yet.
The point about the asset being in decline has to do with the consequences for the owners such as the need for massive investment in the playing staff, paying off the current manager and possibly paying for a new manager and after all that it's not even certain that it will work as the last six years attest. Their other sporting asset won't bring in as much money as this one would whilst the fallout from that franchise's decline won't bring as much bad press and criticism as this one. Factor in all these in the context of an enticing offer, which could be the last time they get such an offer as the Saudis are most probably the only ones to countenance paying an outrageous amount for the club then you have a near perfect storm for a sale.
 

sglowrider

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But the visibility doesn't generate that much money for the owners. United visibility is great for third parties like broadcasters and manufacturers that purchase advertisement spaces linked to United, that's where the brand's worth goes. And these people actually make a lot more money than the owners on the back of United. The reason for that is that football and sport in general are labour heavy and labour cost a lot of money.
Latest News: Aramco to buy Sky.
 

The Boy

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Value means nothing unless he is looking to sell and you are completely ignoring the money he spent to prop them up in transfer window. Pretty sure he's loaned them a lot of money without chelsea having to repay him a dime.
This is not the thread for it, but why come on and post random speculation when it’s so easy look up. According to Forbes, the overall loss Abramovich has made at Chelsea is 672 million and the club is now posting profits so that is reducing. According to the Times he put the price of the club at 2.5 billion and Forbes values it as 2 billion, given that he spent 140 million to buy it, even if he sold at 2 billion he makes approx 1.2 billion quid.

And value means everything when you own a business, it is an asset and it’s an asset that accumulating all the time. Do your research! ;)
 

Paxi

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62 minutes to go boys. Else we can lock thread.
 

GBBQ

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From the little Arabic I remember I think it reads “it’s on!”
Not to be pedantic, but this is actually Levantine Arabic (more specifically Aleppo from the use of the phrase bjəktob).

What he actually said was 'Done Dealio'.
 

SteveJ

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"Hello. I am the New York Stock Exchange, and
I announce that some blokes have bought United."
 

Chaky_Best

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Guys, I don't really understand why you don't want this owner ?

Because they are morally not correct ?

They are not correct for the English perspective, but from their perspective, they are fine no ?

I mean, do you all think that the Glazers are better in terms of ethic ? Probably as dirty as every billionaires in this world.

We can let them buy the club (if they do), we can judge them with their choices, if they put money on Old Trafford, on Carrington, on youth, and of course the first team.

It's the same thing here in France. The PSG owners are always contested because of their origins.

So guys, if they put money on my club, if they invest correctly I would be happy with every owners.
 

UncleBob

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Guys, I don't really understand why you don't want this owner ?

Because they are morally not correct ?

They are not correct for the English perspective, but from their perspective, they are fine no ?

I mean, do you all think that the Glazers are better in terms of ethic ? Probably as dirty as every billionaires in this world.

We can let them buy the club (if they do), we can judge them with their choices, if they put money on Old Trafford, on Carrington, on youth, and of course the first team.

It's the same thing here in France. The PSG owners are always contested because of their origins.

So guys, if they put money on my club, if they invest correctly I would be happy with every owners.
Christ on a fecking bike
 

devilish

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Can the Saudis afford to buy ole's beloved longstaff??
 

Enigma_87

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The point about the asset being in decline has to do with the consequences for the owners such as the need for massive investment in the playing staff, paying off the current manager and possibly paying for a new manager and after all that it's not even certain that it will work as the last six years attest. Their other sporting asset won't bring in as much money as this one would whilst the fallout from that franchise's decline won't bring as much bad press and criticism as this one. Factor in all these in the context of an enticing offer, which could be the last time they get such an offer as the Saudis are most probably the only ones to countenance paying an outrageous amount for the club then you have a near perfect storm for a sale.
Fair point on those of course and is a risk when you are dealing with such a high profile brand. Of course in 5 years time you need to invest during the process. Stocks might go up, might go down, but the ROI would probably be higher considering broadcasting rights soaring every year and tapping up other markets.

If the Glazers consolidate after Kevin selling off, IMO would be better for them to wait and not sell at this time, despite holding a risk whether their investment in the process would either work or not.
 

InfiniteBoredom

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Guys, I don't really understand why you don't want this owner ?

Because they are morally not correct ?

They are not correct for the English perspective, but from their perspective, they are fine no ?

I mean, do you all think that the Glazers are better in terms of ethic ? Probably as dirty as every billionaires in this world.

We can let them buy the club (if they do), we can judge them with their choices, if they put money on Old Trafford, on Carrington, on youth, and of course the first team.

It's the same thing here in France. The PSG owners are always contested because of their origins.

So guys, if they put money on my club, if they invest correctly I would be happy with every owners.
Last time I checked the Glazers don’t sponsor terrorism and carry out a literal genocide this very moment.

Moral relativism doesn’t work with the House of Sauds.
 

SteveJ

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I hope that JLINGZ buys United.
 
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