Club Sale | It’s done!

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Mr Pigeon

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Glazers keep a majority share, with minority shares sold to the Qatari Investment Group, Audi Drivers Consortium, and a jar of coleslaw.
 

Messier1994

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Just a small correction in that article - QSI is the sports investment subsidiary to their sovereign wealth fund. Might be a minor error, but pretty annoying that British reporters is getting this stuff mixed up (on purpose) - like with them attributing DIC trying to buy Liverpool in the past with Sheikh Mohammed himself fronting it despite him by all accounts not being involved at all in the now dissolved subsidiary.
Good point.

And this is also relevant in relation to like the Saudis. They have said that the current fund owning Newcastle is not controlled by the state. Hence, they could never object to another state financed fund buying another English team.
 

Andersonson

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Have they? So is that why Carrington is in need of refurbishment, the supporters in the Stretford End get a soaking every time it rains because the roofs in such poor condition, reported rat infestations..

Finally for the record, the Glazers are Republican supporters who donated to Trumps nomination.
Half truths wont get you any where. There isnt any leaks, there was one, but it got fixed. People dont get wet from going to games...
 

Messier1994

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Ultimately, I am just glad that we are discussing ME or American owners. Imagine if the Norwegian Investment Fund wanted to get involved? We would have discussions about who made donations to Grow Harvey Bruntland instead of Trump, the Social Communist Party, whale hunting, if siblings really should be allowed to marriage each other and other things.
 

crossy1686

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Oh no! Numbers!

Someone translate, please. :lol:
It basically means that the institutional traders (big money) have stopped buying options in United to be sold by Spring.

Personally I think it’s the quotes that have scared away speculation. They don’t really scream “sell no matter what”, they suggest United are trying to keep their house in order in case no sale is found by the summer, meaning they’re holding out for big money and their big valuation.
 

BarstoolProphet

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Good point.

And this is also relevant in relation to like the Saudis. They have said that the current fund owning Newcastle is not controlled by the state. Hence, they could never object to another state financed fund buying another English team.
The whole Newcastle thing is very shady. They might say they have no connection to the state (which they had to promise to the FA officially), but the consortium owning Newcastle do involve KSA's Public Investment Fund - which is their actual sovereign wealth fund. Which what makes the whole 'officially not involved' charade from KSA and the FA quite pathetic.
 

BarstoolProphet

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Ultimately, I am just glad that we are discussing ME or American owners. Imagine if the Norwegian Investment Fund wanted to get involved? We would have discussions about who made donations to Grow Harvey Bruntland instead of Trump, the Social Communist Party, whale hunting, if siblings really should be allowed to marriage each other and other things.
If the Norwegian Pension Fund were to get involved then they would own between 1% and 2% max as per the fund's modus operandi. Nice reference to the prime minister 35 years ago;)
 

Messier1994

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The whole Newcastle thing is very shady. They might say they have no connection to the state (which they had to promise to the FA officially), but the consortium owning Newcastle do involve KSA's Public Investment Fund - which is their actual sovereign wealth fund. Which what makes the whole 'officially not involved' charade from KSA and the FA quite pathetic.
Yeah, and I think most foreign wealth funds are “independent”, in the sense that they are run by professional investors and not politicians. Kind of like the central bank. But it’s of course a farce if the separation of power does not function in a country. I doubt anything or anyone in SA really is independent if MBS comes calling.
 

crossy1686

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This bloke gets quoted a lot but he never seems to actually get anything right
Glad someone said it, talks absolute shite then goes back on it the day after. People keep posting his tweets because the Chelsea lads think he’s pally with Bohely and he’s telling him everything.

He hasn’t got anything right outside of who’s Chelsea’s next manager was going to be.
 

BarstoolProphet

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Glad someone said it, talks absolute shite then goes back on it the day after. People keep posting his tweets because the Chelsea lads think he’s pally with Bohely and he’s telling him everything.

He hasn’t got anything right outside of who’s Chelsea’s next manager was going to be.
Seems like he started out as some wannabe Chelsea mouthpiece, saw the attention Romano was getting, and wanted some of that. Hence why he has ventured into gossip for another markets/clubs outside of Chelsea. It's annoying to see his waffle being posted all the time.
 

Messier1994

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1. All joking aside, still absolutely amazing that non of the journos following this team have cared enough to stick a microphone under the nose of Ratcliffe.

2. And I can’t stop my self from adding some silly ranting. The lack of interest for the sale of this club among the newspapers is mind boggling and getting to a place where you got to wonder if it’s even damaging the process. ‘—You must buy Manchester United, they got a billion fans, it’s something else. —Ok, but I have announced my interest in buying the club and not a single reporter have even tried to get a comment out of me two months after the news broke, are you sure anyone really cares about that club?’

Sure, these guys don’t have the resources they used to have and they probably love to keep going like they have lately when all they do is calling out ETH for not playing Maguire at every press conference.

3. But Messier1994, this is business, it’s not some player transfer, they have NDAs? First of all, it’s not like info on a big player transfer can’t be insider information and just as sensitive. There are listed football clubs in Europe who has been sanctioned for not publishing an official leakage press release after media have broken news about a transfer.

Second of all, there is a ton of information out there who any journalist can get their hand on with a little work:
(a) Seek up Ratcliffe and ask him for a comment. It’s annoying, if he isn’t interested at all he would of course say so to get rid of the journalists following him. If he is in a process, he will say that. If he wants to be left alone by the journalist hanging outside his gate bothering him every time he wants to leave the house — he can spill some basic info off the record. ‘Ask me again after the x’th, then I will know if I am on a short list or not.’

(b) The QSI CEO is a fairly public person. We haven’t heard a word from him. The US owners of pro teams who bid for Chelsea are fairly public persons. We haven’t heard a word from them. David Beckham let everyone know he would be interested, he is a public person. Not a wordX

When I read the papers tomorrow, I don’t want to see any effin talk about how ETH got a “transfer boost” since Felix didn’t have a smile on his face when he was subbed off yesterday, or any one of a long road of template articles in which they just exchange a few words. It takes 5 minutes to write a crap article like that.

If these clowns getting paid to cover this team instead would put in just a few hours of real work — away from Twitter — here and there we would get some real news. Perhaps it would just be ‘no, I won’t be making a bid for Man Utd’, but that is not nothing. Surely, they could get one of the bitter potential bidder who realize that he is out of it, to spill some info about which deadlines that have been established for indicative bids or whatever.

(c) The above is just extremely low hanging fruit. You have all the advisors working with this transaction. But Messier1994, surely you must understand that a professional advisor wouldn’t risk his/her career and a well paid job to talk to a journalist??? Ha, at a law firm or a financial advisor, you will have an “up or out” system. Either you move up the career latter, or you are kicked out. We know who leads the legal team on this transaction. By checking which lower level associates have been working with the key partners before in announced transactions, you can guess fairly well who are on their teams working this transaction. If you have 10 associates on a law firm, 1 or 2 of them at least will hate their firm, boss, colleagues or whatever right now. Some people on the firm’s web site a couple of weeks ago, will have left their jobs by now. They have social media, and you can see who their partners are. Give them a call. What have they heard?

(d) Information is always out there. There will be so much gossip about a transaction like this. Someone will have it.

Identify someone who will be in the proximity of that gossip — and — who have no interest at all in the sale of Manchester United being a smooth process. They will give you some information out of spite. Who was passed over for the Raine Group? Goldman? Talk to them. What are they hearing? What are the people doing the Liverpool sale hearing?

Ultimately, I am not saying that we would know who will buy the club, if anyone, if the journos had put some work into covering the story. But it’s ridiculous that we get no info whatsoever. Who is out already? Which deadlines have Raine established? What is the tentative time fram for a transaction? Who is in the running? How are the talks going?
 

stevoc

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Only acceptable Americans are the Loyalists, of course. Unionists were the civil war right? :)
I was referring to the Unionists (DUP) in Northern Ireland, who have famously been in a war with reality for decades.

No - they are racist too.
If we're talking the DUP then yes you are correct, but to be fair simply calling them racists really does a disservice to the extents of their prejudices. They hate everyone.
 

GoldanoGraham

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1. All joking aside, still absolutely amazing that non of the journos following this team have cared enough to stick a microphone under the nose of Ratcliffe.

2. And I can’t stop my self from adding some silly ranting. The lack of interest for the sale of this club among the newspapers is mind boggling and getting to a place where you got to wonder if it’s even damaging the process. ‘—You must buy Manchester United, they got a billion fans, it’s something else. —Ok, but I have announced my interest in buying the club and not a single reporter have even tried to get a comment out of me two months after the news broke, are you sure anyone really cares about that club?’

Sure, these guys don’t have the resources they used to have and they probably love to keep going like they have lately when all they do is calling out ETH for not playing Maguire at every press conference.

3. But Messier1994, this is business, it’s not some player transfer, they have NDAs? First of all, it’s not like info on a big player transfer can’t be insider information and just as sensitive. There are listed football clubs in Europe who has been sanctioned for not publishing an official leakage press release after media have broken news about a transfer.

Second of all, there is a ton of information out there who any journalist can get their hand on with a little work:
(a) Seek up Ratcliffe and ask him for a comment. It’s annoying, if he isn’t interested at all he would of course say so to get rid of the journalists following him. If he is in a process, he will say that. If he wants to be left alone by the journalist hanging outside his gate bothering him every time he wants to leave the house — he can spill some basic info off the record. ‘Ask me again after the x’th, then I will know if I am on a short list or not.’

(b) The QSI CEO is a fairly public person. We haven’t heard a word from him. The US owners of pro teams who bid for Chelsea are fairly public persons. We haven’t heard a word from them. David Beckham let everyone know he would be interested, he is a public person. Not a wordX

When I read the papers tomorrow, I don’t want to see any effin talk about how ETH got a “transfer boost” since Felix didn’t have a smile on his face when he was subbed off yesterday, or any one of a long road of template articles in which they just exchange a few words. It takes 5 minutes to write a crap article like that.

If these clowns getting paid to cover this team instead would put in just a few hours of real work — away from Twitter — here and there we would get some real news. Perhaps it would just be ‘no, I won’t be making a bid for Man Utd’, but that is not nothing. Surely, they could get one of the bitter potential bidder who realize that he is out of it, to spill some info about which deadlines that have been established for indicative bids or whatever.

(c) The above is just extremely low hanging fruit. You have all the advisors working with this transaction. But Messier1994, surely you must understand that a professional advisor wouldn’t risk his/her career and a well paid job to talk to a journalist??? Ha, at a law firm or a financial advisor, you will have an “up or out” system. Either you move up the career latter, or you are kicked out. We know who leads the legal team on this transaction. By checking which lower level associates have been working with the key partners before in announced transactions, you can guess fairly well who are on their teams working this transaction. If you have 10 associates on a law firm, 1 or 2 of them at least will hate their firm, boss, colleagues or whatever right now. Some people on the firm’s web site a couple of weeks ago, will have left their jobs by now. They have social media, and you can see who their partners are. Give them a call. What have they heard?

(d) Information is always out there. There will be so much gossip about a transaction like this. Someone will have it.

Identify someone who will be in the proximity of that gossip — and — who have no interest at all in the sale of Manchester United being a smooth process. They will give you some information out of spite. Who was passed over for the Raine Group? Goldman? Talk to them. What are they hearing? What are the people doing the Liverpool sale hearing?

Ultimately, I am not saying that we would know who will buy the club, if anyone, if the journos had put some work into covering the story. But it’s ridiculous that we get no info whatsoever. Who is out already? Which deadlines have Raine established? What is the tentative time fram for a transaction? Who is in the running? How are the talks going?
Secrecy in a deal is a good thing. Strict NDA’s would be in place, the fact that you hear nothing is positive. Still, though, must be at the earlier stages, although I think we can assume it’s not a Saudi buyer.
Once the process gets to a certain stage the leaks will flow….
 

christy87

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United will become PSG's feeder club. As RB Salzburg is for RB Leipzig.
See the problem here is Leipzig are in the bigger league than Salzburg and United would be in the far bigger league than PSG also United fanbase would shit all over PSGs, PSG would be our feeder club or thrown to the side and sold.
 

I’m loving my life

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We could fire the likes of Maguire and Phil Jones over to PSG to make sure they are playing and on the market. Think of them as a dustbin rather than a feeder club
 

JohnnyKills

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Qatar looking to 'invest' in a PL club.

Fear we're heading for a nightmare scenario where we become the puppet of an oil state and the parasites stay in charge.
 

Oranges038

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Qatar looking to 'invest' in a PL club.

Fear we're heading for a nightmare scenario where we become the puppet of an oil state and the parasites stay in charge.
I know these guys have enough money to make any rules disappear. Isn't there UEFA rules against the same owners/investing in teams in the same competitions?

So I'm not sure how them owning/part owning Utd/Spurs and PSG would work if all these teams are going to aim to be in the CL every year. Unless it's allowed with if they are a minority shareholder and let the Glazers keep the other 50.1%.
 

Infra-red

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Qatar looking to 'invest' in a PL club.

Fear we're heading for a nightmare scenario where we become the puppet of an oil state and the parasites stay in charge.
Probably the Glazers' dream scenario - essentially, get Qatar to buy them a new/refurbished stadium in exchange for a portion of the club.
 
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