$20 for me to take Howson to the pub eh? Cheap date but not interested.
Sir Jim Ratcliffe: I want to buy Manchester United | Will make a bid for the club [Telegraph]
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In the latest episode of the United Hour Podcast, Nik @Rood and Imran @Annihilate Now! start with the good news by celebrating Manchester United Women's emphatic FA Cup win over Spurs at Wembley and the future of manager Marc Skinner.
Then it's the bad news and the ever worsening form of our Men with losses to Arsenal and Palace.
Finally the main debate - ETH Out now or keep him until the end of the season - if not longer. Are you Team Nik or Team Imran?
MarketCap: 1,885 (as of 31-Aug-22)
Cash: 95.8 (as of 31-Mar-22)
Total Debt: 596.1 (as of 31-Mar-22)
Enterprise Value: 2,385.3 million pounds
Assuming a takeover price of 5bil, is an additional 2.6 bil justified in premium?
Cash: 95.8 (as of 31-Mar-22)
Total Debt: 596.1 (as of 31-Mar-22)
Enterprise Value: 2,385.3 million pounds
Assuming a takeover price of 5bil, is an additional 2.6 bil justified in premium?
Selling it to Apollo who want to start their own sports specific team…
He's a Tory, hates unions, doesn't really give a shit about his workers etc. There's no such thing as a good billionaire, to make that much money you're taking it from other people somewhere in the chain.
They pulled out the other week. I think we'll get news on Friday/this weekend maybe. Could be a consortium, could be an individual investor.
why news on Friday/weekend? Has there been anything new I missed?
Buying football clubs is not a mathematical decision but even so - our revenue is c.£500mn and at 8x revenue, it's not really that expensive based on fundamentals.
Ardent Brexiteer and his company is hardly in the ethical business but at least he's a United fan and this is what concerns me.
Goldbridge, as much as people hate him, has suggested there's serious interest from people outside of Knighton (who was just trying to force others' hand) and Ratcliffe.
I believe him because any sensible buyer would try to get fans and influencers onside beforehand.
Great post. No sudden wealth syndrome for the Glazers if they sell.
However they don't want to and won't sell. Newcastles new owners came for United first and the Glazers said no. They're much much richer than Man City or PSG's owners.
If there was a chance the Glazers were going to sell they'd have sold it to them.
Well if she starts buying United shares, we know its on.
They will sell if we keep underperforming on the pitch - if we can't break into the Top 4 for consecutive years, they will sell. I doubt we will finish in the Top 4 this season - that's two seasons in a row already.
Ehh? Are you purposely being a WUM. Of course, I mean United and you cannot acquire 25% of the stock if 25% is not traded which is what the whole discussion was about.
You can try guessing at private market transactions but you might as well guess the lottery numbers
One of the 'better' reporters said before JR announced his intention, that utd will be sold within the next 24 months. Now the glazers have spent heavily to improve the team more than they normally would. May be nothing, may be something.
Let's not forget he was an ardent Brextier, who then moved production of his 4x4s to France...
But as you said, no good billionaires, and he's bettet than the Glazers..
Scroll up and have a look at the stock movements from yesterday. PR's regarding the company can't be made during trading hours so the weekend is perfect to drop news.
There is a lot of reports that the majority of the glazers want to sell, just because they said no before doesn't mean there never going to say yes, People quite often change their mind.
And he's from Failsworth.
you could’ve just stopped at Tory
it’s enough for me
cheers for the reply
Christ, if he's the hero we need right now it's from one set of cnuts to another.Not really, they know another buyer willing to drop big money on United will be along next season and the season after. United aren't short of potential suitors, it's all down to their desire to sell. Newcastle's new owners weren't their last chance to get out.
It's also down to the type of deal also. The Saudis don't want to part own 10% of United for a while, they want full control today. The Glazers don't want that kind of deal at present.
@crossy1686 any updates/unusual activity with the Man Utd ticker?
Nothing new on the stock front. Usually after the volume pop you get day traders following the unusual volume and buying the stock. Then most of them sell off before the weekend because they don’t want to hold longer than a day or so.
All that happened as expected but the stock is still higher than it was before the pop and it’s putting in higher lows (stock term for increasing price over long term).
I still think the original pop is based on someone knowing something that isn’t public knowledge yet, it was too random to move like that otherwise. I also think that United reportedly had £120m to spend this summer and spent a £100m more than that so perhaps the new investor is already active within the club? I’m speculating at this point but there’s a few things that don’t really add up at the moment.
We’ll know more in the coming week I think. Might take longer though, don’t be surprised if it’s a month before we hear anything concrete.
Thanks Crossy, appreciate your eyes from the stock and financial side as it does sound like something is up. To spend the extra 100 million, not of their won money though, get us near the top and sell at a higher amount.
Any call option activity? If anything that’d give some inking that somethings afoot?
I'm not sure there is much in the stock action. Volume is always super low anyway and the bump is likely just the takeover talk right?
More likely just scalpers
More likely just scalpers
I would normally agree with you but the bumps have come 2 days prior to news coming out, which suggests someone knew something.
good to know mate, cheers
No worries mate, here’s an article which has a bit more of a deep dive into what I’ve said earlier if anyone wants to read:
https://seekingalpha.com/article/45...-unusual-options-and-unusual-elon-musk-tweets
Options went crazy about two days before Musk said he was buying. Strike price is 14, expiring in September.
Edit: wrong link, meant this one.
https://www.instagram.com/reel/Ch0W7FjDY5C/?igshid=YmMyMTA2M2Y=
Tweet
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Bring Toto with you!
Goldbridge is a class A bullshitter. But I hope he is right.
Deal breaker.
I don't like the sound of a "buying team" because in these cases the people who put money always want a return on their investments
The only people that will buy the club without a return on investment would be oil merchants who I'd rather fold than be owned by.
This isn't a serious thing. We need to stop pretending it is
My guess is that when he felt protests were reaching a crescendo, Ratcliffe had a spokesperson come out and reiterate his interest in buying the club in the hope that the Glazers would be receptive to the idea of selling. It seems to me that they weren't and that nothing has really happened since.
Unfortunately I don't get the impression that things are happening behind the scenes.
Unfortunately I don't get the impression that things are happening behind the scenes.
Goldbridge doesn’t know anything that anyone on this forum doesn’t.
He doesn’t have sources. He isn’t a journalist. He’s a fictional entertainment character. He’s basically just Limmy but for Manchester United. He’s called Brent ffs.
Can we stop treating him as anything other than a joke? If people find him entertaining go for it, we all have different tastes.
To what end?
of course he has sources, he has journalists on his channel all the time