Club Sale | It’s done!

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DannyDee

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No it won’t. The public shares are minority shares. Once the deal is in place anyone holding public shares will be forced to sell them at whatever the agreed price is.
It's not the negotiation, it's the checks and balances for the Securities and Exchange Comssion will do into the deal, it won't be rubberstamped immediately as its not a private sale. During that period, the company can't act on behalf of the incoming owner (say he wants Mbappe or De Jong), otherwise Glaziers will run into issues. I own a share, I know if bought with the intention of going private I will have to sell.
 

welshwingwizard

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Do the glazers have to clear the debt? Or do new owners but the club with the debt and have to pay that on top? 6 billion and clearing debt and new stadium is a lot!
 

kaku06

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I think the best we can hope for is like a Boehly type consortium leathered with rules and regulations to protect the interests of the club.
 

Rozay

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CEO, entrepreneur
Born in 1964
Jeffrey
Jeffrey Bezos

Come on, Jeffrey, you can do it
Pave the way, put your back into it
I doubt Bezos would be legally allowed to buy United.
 

Chief123

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Even though Ronaldo’s criticism will invite credit for Glazers selling up, I think the writing was on the wall from the moment the super league collapsed. A lot of the owners of the big clubs were banking on that revenue in the coming years.
 

kaku06

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Do the glazers have to clear the debt? Or do new owners but the club with the debt and have to pay that on top? 6 billion and clearing debt and new stadium is a lot!
They can’t sell the club without clearing off the debt so yeah the total amount of 6billion would be inclusive of that.
 

jesperjaap

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Pretty much any owners are a step up from the Glazers, but what we would obviously want, is owners that care or at least have the interest of the club, fans, facilities and success at ehart, that is why Jim Ratcliffe seems the perfect owner. Oil money, Chinese or American owners, no thank you
 

Rightnr

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CEO, entrepreneur
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Jeffrey
Jeffrey Bezos

Come on, Jeffrey, you can do it
Pave the way, put your back into it
I've thought about this for quite some time.

The guy has an enormous ego, is slimy (announced last week he'd give away most of his fortune before Amazon promptly announced they'd sack off 10k employees) and has been pushing to buy an NFL team for the longest by the sounds of it (he's close with the Washington Somethings).

If he gets United, he can one up one all the other American billionaires and satisfy his galactic ego.
 

RedDevil@84

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Neville might be close to Ronaldo, or maybe more, in money.
I doubt that. Ronaldo has close to half a billion net worth. Don't think Neville is in that league, unless he is sitting on a pile of money no one knows about.
 

Coops73

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As hilarious as that was, you wouldn't spend £6b on United to just walk away
And didn’t they walk away because the local government wouldn’t allow them to re develop the harbour or some something like that?
 

Adam-Utd

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I've thought about this for quite some time.

The guy has an enormous ego, is slimy (announced last week he'd give away most of his fortune before Amazon promptly announced they'd sack off 10k employees) and has been pushing to buy an NFL team for the longest by the sounds of it (he's close with the Washington Somethings).

If he gets United, he can one up one all the other American billionaires and satisfy his galactic ego.
Lets not forget Amazon recently bought into the PL TV Rights too.

Having the biggest PL club with Amazon plastered everywhere? what better way to advertise.
 

arnie_ni

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Isn't it easier business that Glazers lower price for amount of debt and then new owner do what he wants with dept?
Just completed a deal at work and the final price was the agreed fee less the loan on the books plus working capital.
 

Rightnr

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Lets not forget Amazon recently bought into the PL TV Rights too.

Having the biggest PL club with Amazon plastered everywhere? what better way to advertise.
Sky buying United the second time round but now successful?
 

MTF

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They can’t sell the club without clearing off the debt so yeah the total amount of 6billion would be inclusive of that.
Of course they can sell it with the debt as it is, in fact it is the least complicated option.

This all gets factored into the valuation, and is the difference between Equity Value (when you subtract the debt and add any cash to your valuation) and Enterprise Value (valuation considering no debt and no cash).
 

stw2022

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So many cocks out at single interpretation of what "a sale" is intended to mean. Could mean minority share sale.

I just don't buy they're either going to try and raise money for investment (explicitly laid out in statement) or just sell.

Build a new stadium or feck it all and sell up?

Sorry but the interpretation isn't ringing true, still.
 

JPRouve

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And didn’t they walk away because the local government wouldn’t allow them to re develop the harbour or some something like that?
No they had to walk away because they were incompetent and paying no one in time. It was incompetency from top to bottom.
 

Fazer

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I read about the club buying the land around Old Trafford a few years ago, any truth to that?
If true any plots large enough to build a brand new stadium?
 

Infra-red

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Feck, this smells of oil money
KSA, Abu Dhabi & Qatar are out. Who do you suppose might be interested?

I'd look at the consortiums who missed out on Chelsea for an idea of who might come forward. I don't think it will be a national state.
 

Rightnr

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So many cocks out at single interpretation of what "a sale" is intended to mean. Could mean minority share sale.

I just don't buy they're either going to try and raise money for investment (explicitly laid out in statement) or just sell.

Build a new stadium or feck it.

Sorry but the interpretation isn't ringing true, still.
You're definitely the glass half broken, let alone the glass half full guy.
 

Massive Spanner

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So many cocks out at single interpretation of what "a sale" is intended to mean. Could mean minority share sale.

I just don't buy they're either going to try and raise money for investment (explicitly laid out in statement) or just sell.

Build a new stadium or feck it all and sell up?

Sorry but the interpretation isn't ringing true, still.
You shut your whore mouth!
 

red thru&thru

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So many cocks out at single interpretation of what "a sale" is intended to mean. Could mean minority share sale.

I just don't buy they're either going to try and raise money for investment (explicitly laid out in statement) or just sell.

Build a new stadium or feck it all and sell up?

Sorry but the interpretation isn't ringing true, still.
But, how are billion dollar business deals done? Not out in the public, right?
 

VP89

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KSA, Abu Dhabi & Qatar are out. Who do you suppose might be interested?

I'd look at the consortiums who missed out on Chelsea for an idea of who might come forward. I don't think it will be a national state.
Are KSA out? What's stopping another State backed Saudi fund from buying us?

Also the level of interest for United will be far greater than Chelsea.
 

Adam-Utd

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So many cocks out at single interpretation of what "a sale" is intended to mean. Could mean minority share sale.

I just don't buy they're either going to try and raise money for investment (explicitly laid out in statement) or just sell.

Build a new stadium or feck it all and sell up?

Sorry but the interpretation isn't ringing true, still.
If they aren't interested in selling then they don't include that in their press release.

IT'S ON.
 

Coops73

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No they had to walk away because they were incompetent and paying no one in time. It was incompetency from top to bottom.
Oh ok, fair do’s, a friend who’s from the area and supports Malaga seemed to suggest that was the case.
 

AlPistacho

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I doubt that. Ronaldo has close to half a billion net worth. Don't think Neville is in that league, unless he is sitting on a pile of money no one knows about.
Neville has a ton loads of assets in restaurants, hotels, properties, and who knows what else. During the peak of the pandemic I read his business assets were worth around £70m, these have probably gone up. Then you add business cash, playing career earnings and who knows how much he could put together.

You can’t really measure Neville, I’m not comparing him to someone like Musk or Bezos they clearly are on a different planet. But with them their wealth isn’t calculated by “money in the bank” it’s basically calculated by company share price * their holding shares.

With Neville it’s more difficult because his companies are not publicly listed (as far as I am aware) so people research on Companies House and try to guess.
 

stw2022

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You're definitely the glass half broken, let alone the glass half full guy.
I know but come on. If they wanted to sell the club why bother with looking fur investment?

It seems a bit dramatic doesn't it? Like they're either looking to upgrade the dishwasher or sell the house. Do we really think that's on the cards. Or is that just the interpretation we want to believe.

Also "a sale" and "the sale" aren't same thing.
 
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