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Club Sale | It’s done!

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Von Mistelroum

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Oh gosh, they'll be terrified! It destroyed the Glazers so imagine what it'll do to investors!

It was clear all along that the Glazers were much more likely to just get investors in sadly. It's just a matter of whether they can attract any.
 

Berbaclass

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Oh gosh, they'll be terrified! It destroyed the Glazers so imagine what it'll do to investors!

It was clear all along that the Glazers were much more likely to just get investors in sadly. It's just a matter of whether they can attract any.
What on earth are you referring to. There are literally 5 groups wanting to buy the club.
 

sullydnl

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I want from the next owner is to have the best interests of United at heart. For United being successful on and off the pitch to be their motivation for owning the club.
Realistically, that's too much to ask.

I would instead amend it to "I want the next owner to have their own best interest at heart but for that to align with United being succesful on and off the pitch".
 

crossy1686

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Oh gosh, they'll be terrified! It destroyed the Glazers so imagine what it'll do to investors!

It was clear all along that the Glazers were much more likely to just get investors in sadly. It's just a matter of whether they can attract any.
We can only hope the PR around being associated with them is a big turn off for many investors. I think there's only other Yanks who wouldn't give a feck about that, ME or UK based would care about how they're perceived.
 

croadyman

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What on earth are you referring to. There are literally 5 groups wanting to buy the club.
I blame Ogden & Dawson for that scaremongering article which has put fans on edge,yeah well done guys great job. You couldn't help but put some negative stuff out could ya
 

stevoc

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The reality of modern football is that there are only two realistic options available to us:
  1. A leveraged buy-out with a tonne of debt (Ratcliffe)
  2. An oil-rich state looking to greenwash (Qatar).
That's it. No football superfan is going to spunk >£5bn on a football club that requires loads more investing in it to bring it up to scratch, without then putting in place a plan to ensure it washes its face from a financial perspective.

As depressing as it is, the best we can hope for as far as I'm concerned is for Qatar to buy us, throw a load of money at infrastructure (stadium, training, staffing, etc.) and then leave us to our own devices.
I don't see how a leveraged buy out of United for £4-5b would be possible. United simply don't make enough to service that level of debt on top of the current debt.
 

croadyman

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Realistically, that's too much to ask.

I would instead amend it to "I want the next owner to have their own best interest at heart but for that to align with United being succesful on and off the pitch".
I like what I heard in Keegan's article about their plans for the club,yes I am aware of the public image of their country particularly after World Cup
 

crossy1686

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I don't see how a leveraged buy out of United for £4-5b would be possible. United simply don't make enough to service that level of debt on top of the current debt.
He would have to secure that debt against himself and the businesses he owns, so he would take that debt with him if he fecked off. Safe to say, in assets he's probably worth that so the leverage would be easy to come by, high interest however.

He would absolutely use United to pay it off though.
 

stevoc

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I’d also love to see their plans going forward. For example Will any of them redevelop the ground and surrounding lands? Any plans to develop community facilities? Will they want to move to a new ground ala Man City? Will they upgrade training facilities as per Ronaldo’s call out. Will they rename the stadium? Will they change the badge? Will they sack the manager? Will they meet the fans? Etc. It’s not just about being able to buy shiny new toys without debt. What’s the overall plan for the club and company?
All very good questions mate that should be asked of prospective new owners. But sadly it's the Glazers who will be overseeing the sale and deciding who gets it. They won't give a flying fiddlers about any of that.
 

FCAES_7

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It is funny how rival fans lectures us with you have a choice, either turn into a hollow Football club or stay a proper club with traditions! its quite shocking that we as fans don't really have a choice, we protested the Glazers for years to get the club sold nothing happened, the whole world saw us run down by incompetent management sucking all the money out of the club to make the Glazers money and no a single soul from UEFA or the FA did anything about it, but now that we have a chance to get owners that will invest heavily in the club and try to manage it in the right way we are losing our traditions and football morals, that is so hypocritical. The bottom line the way I see it unfortunately we as fans don't have choice on who owns the club due to the economical environment of the UK except if we go on a riot, that we did for the past 10 years and nothing changed until we were drained from money. I just want a healthy run club, not looking for $300M a year transfer kitty, i want to feel connected to the players who play for the club not new players in every year just for the fun of it, and most importantly have a great experience visiting Old Trafford.
 

stevoc

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He would have to secure that debt against himself and the businesses he owns, so he would take that debt with him if he fecked off. Safe to say, in assets he's probably worth that so the leverage would be easy to come by, high interest however.

He would absolutely use United to pay it off though.
Could United realistically afford to service that debt though?

The club are somewhat struggling to get a handle on the current debt.
 

Greck

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We can only hope the PR around being associated with them is a big turn off for many investors. I think there's only other Yanks who wouldn't give a feck about that, ME or UK based would care about how they're perceived.
Very true. A joint partnership with the glazers is just a really shitty investment. Lose money, lose PR, all for what? No control or independent decision making on where your money should be spent. Glazers were really good at misspending our money and now want to help some poor shmuck misspend theirs.
 

devilish

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United is making a huge loss. Good luck finding investors for that
 

crossy1686

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I’d also love to see their plans going forward. For example Will any of them redevelop the ground and surrounding lands? Any plans to develop community facilities? Will they want to move to a new ground ala Man City? Will they upgrade training facilities as per Ronaldo’s call out. Will they rename the stadium? Will they change the badge? Will they sack the manager? Will they meet the fans? Etc. It’s not just about being able to buy shiny new toys without debt. What’s the overall plan for the club and company?
What's the incentive to invest in the ground or area? The PL is stronger than ever, it used to be Italy in the 90's then it was Spain, and now it's England. You don't need to have the best of anything to attract fans or players at the moment, and it will probably last a good while if the money keeps flowing into the PL like it is. It's probably only ME investors who would look to invest in the infrastructure.

I think the other stuff would be mad for anyone to do, you only get one chance to make a first impression.
 

stevoc

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Realistically, that's too much to ask.

I would instead amend it to "I want the next owner to have their own best interest at heart but for that to align with United being succesful on and off the pitch".
Yeah you're probably right mate, you'd like to think though if someone's paying £4-5b for the club that it being very successful is in their interests.
 

Mr. Robot

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Oh gosh, they'll be terrified! It destroyed the Glazers so imagine what it'll do to investors!

It was clear all along that the Glazers were much more likely to just get investors in sadly. It's just a matter of whether they can attract any.
How the hell do you know that? :lol:

NONE of us know what’s really happening. But some of you throw hissyfits each and every time there is a news article published which you don’t like.

Just wait and see ffs.
 

Greck

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Part-sale also very problematic. It could take months, maybe even years just deciding what and how powers will be split between the glazers and the new partners. Guarantee it won't go as smooth as the glazers are deluding themselves. Anyone is going to want a final say if they are bringing the bulk of the money.
 

#07

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Would we be seeing such reports if Raine was confident of a Qatari bid that would blow everyone else outta the water?

Once again we get back to the reality that, so far, only Ineos has confirmed it's interest. Additionally, it is fairly clear Ineos isn't looking to pay £5 billion for United.

Interesting how £5 billion is the new figure. Only a couple of days ago people in the media were saying the mystery Qatari bid would be between £6-8 billion. :rolleyes:
 

crossy1686

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Could United realistically afford to service that debt though?

The club are somewhat struggling to get a handle on the current debt.
There's no guarantee the current debt will be wiped off with the sale anyway, the debt is owned by the club so the sale figures we're seeing are probably exclusive of the debt anyway.

But it would seem that some people think there's more opportunity for growth in the next 20 years, and I agree that there's probably a lot more to come. It will probably be United and the other business just servicing the debt until that happens.

One thing for sure, ticket prices are going to go through the roof and ultimately the fans will pay most of the debt off.
 

ShinjiNinja26

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Would we be seeing such reports if Raine was confident of a Qatari bid that would blow everyone else outta the water?

Once again we get back to the reality that, so far, only Ineos has confirmed it's interest. Additionally, it is fairly clear Ineos isn't looking to pay £5 billion for United.

Interesting how £5 billion is the new figure. Only a couple of days ago people in the media were saying the mystery Qatari bid would be between £6-8 billion. :rolleyes:
I don’t think anyone’s said that, I certainly haven’t seen it anyway. The report I seen said the Glazers were aiming to get between £6-8b and the Qatari’s viewed the club to be worth more like £4.5b. Obviously the Glazers valuation is deluded, I just hope we don’t get priced out of securing new owners because of these greedy bastards.
 

Mmm-Qatarian

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Patently nobody knows what's going on for sure, but I wouldn't take the recent news as confirmation that there's no chance of a full sale.

It's hardly make sense for the Glazers' public negotiating position to be "We'll willingly accept offers below the asking price".
 

Mr. Robot

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Part-sale also very problematic. It could take months, maybe even years just deciding what and how powers will be split between the glazers and the new partners. Guarantee it won't go as smooth as the glazers are deluding themselves. Anyone is going to want a final say if they are bringing the bulk of the money.
I just can't see it being a partial sale. It makes no sense to all parties involved.

The Glazers can cash in, make a LOT of money and disappear into the Florida sunset without the worry of Utd fans/Sky Sports journalists following them around. Why they'd want to keep hold of Utd is anyone's guess but it won't make them money and they know it.

They Glazers are business people and will sell if the price is right. And there are a lot of potential buyers out there.
 

croadyman

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Patently nobody knows what's going on for sure, but I wouldn't take the recent news as confirmation that there's no chance of a full sale.

It's hardly make sense for the Glazers' public negotiating position to be "We'll willingly accept offers below the asking price".
Needs another Keegan/Jacobs article again
 

CallyRed

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I very much doubt they'll be sticking around. It's likely just a bit of posturing to get a bit more money out of interested parties.

If this happens I'm going to write a stern letter to Joel
 

Strootman's Finger

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The reality of modern football is that there are only two realistic options available to us:
  1. A leveraged buy-out with a tonne of debt (Ratcliffe)
  2. An oil-rich state looking to greenwash (Qatar).
That's it. No football superfan is going to spunk >£5bn on a football club that requires loads more investing in it to bring it up to scratch, without then putting in place a plan to ensure it washes its face from a financial perspective.

As depressing as it is, the best we can hope for as far as I'm concerned is for Qatar to buy us, throw a load of money at infrastructure (stadium, training, staffing, etc.) and then leave us to our own devices.
I dont' want Ratcliffe, but this is incorrect. What the glazers did was a leveraged buyout, borrowing against the asset they were purchasing. Ratcliffe is getting loans to help finance the deal. Completely different and the former is no longer allowed.
 

NFM

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Red Bull, after an investigation by UEFA , are able to own two clubs which can meet in UEFA competitions.
Its perfectly reasonable to assume the Qataris can make similar arrangements.
Ratcliffe is just not wealthy enough to buy United and fund developments etc without loans which whilst he might be a United fan doesn't really improve matters over the Glazers financially.
If the club is to compete with the other State owned clubs ( I include Bayern , Madrid and Barca in that statement, even though the 'state' might be local), the Qataris offer the best financial bet.
Decision time for the club, aspire to the top table or be willing to feed off the big crumbs and potentially hold your head higher. Not easy ,although how much decision will be anyone's other than the Glazers taking the biggest number is a moot point.
 

devilish

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Would we be seeing such reports if Raine was confident of a Qatari bid that would blow everyone else outta the water?

Once again we get back to the reality that, so far, only Ineos has confirmed it's interest. Additionally, it is fairly clear Ineos isn't looking to pay £5 billion for United.

Interesting how £5 billion is the new figure. Only a couple of days ago people in the media were saying the mystery Qatari bid would be between £6-8 billion. :rolleyes:
I am far from an expert on ME rich people but I had interaction with them through my previous line of work. They came across as very proud and generous people. However they do value the opinion of others. They will pay loads of money for luxury but they won't be taken to the cleaners as that might make them look silly among their peers.
 

Xaviboy

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Didn't Arnold mention to the fans that confronted him at his local pub back in summer that fan protests and all would scare/ harm potential investors away if it continued or got nasty with glazers involved.

Hopefully it's full sale. Hope to god we get rid of them glazers.
 

Adnan

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Would we be seeing such reports if Raine was confident of a Qatari bid that would blow everyone else outta the water?

Once again we get back to the reality that, so far, only Ineos has confirmed it's interest. Additionally, it is fairly clear Ineos isn't looking to pay £5 billion for United.

Interesting how £5 billion is the new figure. Only a couple of days ago people in the media were saying the mystery Qatari bid would be between £6-8 billion. :rolleyes:
The Mike Keegan article did mention the Glazers were looking to get between £6bn to £8bn. But he also went onto say that Glazers likely wouldn't get that and a offer of around £4bn to £4.5bn was more realistic. And thus far Keegan has been accurate from what I can tell and it seems he's got a source that's connected to the potential sale.
 

clarkydaz

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Didn't Arnold mention to the fans that confronted him at his local pub back in summer that fan protests and all would scare/ harm potential investors away if it continued or got nasty with glazers involved.

Hopefully it's full sale. Hope to god we get rid of them glazers.
think that was the sponsors being targeted who had already paid money to the club. Point being the protests have clearly had a impact. Well done to the fanbase
 

Spoony

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The Mike Keegan article did mention the Glazers were looking to get between £6bn to £8bn. But he also went onto say that Glazers likely wouldn't get that and a offer of around £4bn to £4.5bn was more realistic. And thus far Keegan has been accurate from what I can tell and it seems he's got a source that's connected to the potential sale.
Yeah Keegan seems to be well connected. How about Ben Jacobs?
 

I Am Zlatan

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I don’t understand why would anyone want to pay 2-3b just to keep the glazers in charge, especially when they showed how incompetent they are throughout the years, and the backlash that’ll happen from fans.. obviously this is my simplistic view, but I just can’t see it happening that way.
 

WalkerTheRed

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Everyone's got some sort of cut off point. Not one person gives a shite about Nike and the likes or trillion dollar Apple and their suicide/sweat shops but ME oil money? Anyway, I hate the Gulf nations but I couldn't walk away from United.
ME and oil money is NOT what people have problems with. But you already know that...
 

clarkydaz

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I don’t understand why would anyone want to pay 2-3b just to keep the glazers in charge, especially when they showed how incompetent they are throughout the years, and the backlash that’ll happen from fans.. obviously this is my simplistic view, but I just can’t see it happening that way.
i think we are at this point as nobody will do that. what your are hearing is the Glazers squeezing the last drop of bidding war for highest price possible
 

TsuWave

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I think a minority investment is the best outcome.

A full sale will inevitably mean disruption. The team Ten Hag currently works with will be largely disbanded and it'll take a while for the new set up to be constructed. And when it is, there'll be no guarantees it'll be compatible with Ten Hag and his way of working.

I would like to see the existing structures (with incremental improvements) working with Ten Hag for a few years. So in my eyes, a minority investment (which will allow us to begin facility upgrade plans) leading to a full sale in 3/4 years would be perfect.
This is just fanfiction with no basis on reality. You looked at the clouds on Venus and concluded there’s dinosaurs there.

Ten Hag himself has said he’s received assurances and that a sale would be good as it would empower him with the financial backing to do the changes he wants to.
 

TheReligion

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I think a minority investment is the best outcome.

A full sale will inevitably mean disruption. The team Ten Hag currently works with will be largely disbanded and it'll take a while for the new set up to be constructed. And when it is, there'll be no guarantees it'll be compatible with Ten Hag and his way of working.

I would like to see the existing structures (with incremental improvements) working with Ten Hag for a few years. So in my eyes, a minority investment (which will allow us to begin facility upgrade plans) leading to a full sale in 3/4 years would be perfect.
And then you woke up
 
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