Club Sale | It’s done!

[Spoony]

I think he slipped up earlier live on Sky and literally said "he is telling me this info" or something

He? Keegan?

 

[Sviken]

Prefer bankruptcy over the Qataris? The club would go into oblivion for many years. That's the worst I have heard over the last week from a United fan.

Maybe because he isn't a United fan? I generally do not like for us to swing each other like that on whose a "real fan", everyone has different opinions on things after all, but the people that say that they'd rather the club go down depending on what they like are in no way fans of United. I can understand if this hurts you so much that you stop watching football or United, or whatever, but to actively wish harm on the club is the opposite of being a fan.

 

[Brophs]

@Brophs

Not me. I’m the one who does the “unnecessarily and almost troublingly sexual” (not my words) Neil Webb fan-fiction. Search Amazon for “Always the postman, never the letterbox”. It’d be nice to sell one to someone other than his lawyers.

 

[Berbaclass]

He? Keegan?

I think he was talking about the Qataris, trying to find the clip

 

[IRELANDUNITED]

I'd take it if it means no qatar

If Qatar don’t buy United they’ll end up buying Liverpool and we will be in for a couple of decades of Liverpool domination with unlimited funds and redevelopment. Do you want that?

 

[clarkydaz]

Theyve tried the financing thing on the quiet before accepting bids for sale. Like theyve only just found a way to keep the club after serious bidders have made themselves public, feck off gerbil looking twats

 

[Spoony]

Not me. I’m the one who does the “unnecessarily and almost troublingly sexual” (not my words) Neil Webb fan-fiction. Search Amazon for “Always the postman, never the letterbox”. It’d be nice to sell one to someone other than his lawyers.

 

[dove]

If Qatar don’t buy United they’ll end up buying Liverpool and we will be in for a couple of decades of Liverpool domination with unlimited funds and redevelopment. Do you want that?

But they will have an asterisk to all their titles etc.

 

[Berbaclass]

Not me. I’m the one who does the “unnecessarily and almost troublingly sexual” (not my words) Neil Webb fan-fiction. Search Amazon for “Always the postman, never the letterbox”. It’d be nice to sell one to someone other than his lawyers.

 

[Berbaclass]

@Spoony

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[Adam-Utd]

I hope this is not serious post. It's well published that Rat 1 and Rat 2 (aka Avram and Joel) want to keep the club and have been looking for ways to finance a new stadium and pay off their four other siblings who want to cash out.

For them, a sale is a no-other-option scenario and this is why it's taken so long to start this process. But there's no guarantee it'll be a full, majority or minority sale.

Its 100% serious

There's no way they go to these lengths to just say "actually no sorry we've keeping the club after all"

You'd have to be pretty thick to mess around highly important business people to this level.

This 'mystery backing' is purely to raise bids to what the Glazers want. Reminding people if they don't reach the fee they want, they COULD keep it.

They wont.

 

[Chairman Steve]

This saga will be the ownership equivalent of your standard big player transfer saga. Things will be happening, some member of the Qatari Royal Family will sign a ball with ‘See you in Manchester‘ in Qatari, some random French dude will stumble into Ratcliffe and say ‘congrats on your purchase of United’, flights trackers will be broken out, big days will be declared and you love to see it.

 

[Spoony]

@Spoony

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He's on the books and all.

 

[Giggsyking]

The 100 and 69 percent were a bit weird at first but it's worth remembering that these preliminary bids include minority stakes. So it does make sense that Ineos precised that it was for 69% of the club and the qataris mentioned 100% of the shared owned by the Glazer family.

100% of the club

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[ForeverRed1]

Glazers out or we riot

 

[Adisa]

Hope we aren’t run like a circus

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[pratyush_utd]

How long was it mentioned for this process to close?

 

[lsd]

If Qatar don’t buy United they’ll end up buying Liverpool and we will be in for a couple of decades of Liverpool domination with unlimited funds and redevelopment. Do you want that?

I don't want Hunan rights abusers owning United. I shouldn't have to explain or justify that to anyone.

 

[Chief123]

Gary Neville expressed concern on his podcast earlier today about the possibility that the Glazers posturing about selling could be just to drive up the share price to enable a couple of the Glazer siblings to sell the shares that they own at the highest price with the others remaining in place with new investors. Given this news, it makes you wonder what he might have heard. Whilst there are differing opinions in here, I think we can all at least agree that we want the Glazer family gone completely. Hopefully this is just to encourage higher bids.

It looks like some here would prefer Glazers than Qataris.

 

[Raoul]

Gary Neville expressed concern on his podcast earlier today about the possibility that the Glazers posturing about selling could be just to drive up the share price to enable a couple of the Glazer siblings to sell the shares that they own at the highest price with the others remaining in place with new investors. Given this news, it makes you wonder what he might have heard. Whilst there are differing opinions in here, I think we can all at least agree that we want the Glazer family gone completely. Hopefully this is just to encourage higher bids.

In strictly financial terms, it would be a brilliant strategy by the Glazers given that the share price has doubled since late November.

If Joel and Avi (who collectively own about 33% of shares) made a deal with Darcy, Bryan, Kevin, and Edward (who collectively own 55%), to sell and somehow allow the former two to remain with double their current shares, that would seem to lay the groundwork for a potential Glazer stay.

 

[Berbaclass]

In strictly financial terms, it would be a brilliant strategy by the Glazers given that the share price has doubled since late November.

If Joel and Avi (who collectively own about 33% of shares) made a deal with Darcy, Bryan, Kevin, and Edward (who collectively own 55%), to sell and somehow allow the former two to remain with double their current shares, that would seem like the groundwork for a potential Glazer stay.

Are they actually allowed to do that though? I'm not an expert in this obviously but I know of market manipulation etc

 

[RedDevilRoshi]

How long was it mentioned for this process to close?

At the start it was intended for the end of Q1.

Although there have been some reports since last week that it could be done some point next month.

 

[Tiber]

In strictly financial terms, it would be a brilliant strategy by the Glazers given that the share price has doubled since late November.

If Joel and Avi (who collectively own about 33% of shares) made a deal with Darcy, Bryan, Kevin, and Edward (who collectively own 55%), to sell and somehow allow the former two to remain with double their current shares, that would seem like the groundwork for a potential Glazer stay.

I think this is a realistic and absolutely tragic scenario. Especially if short term success on the field helps to reduce fan outrage.

A europa league title would be poor consolation for 15 more years of Joel Glazer

 

[Berbaclass]

At the start it was intended for the end of Q1.

Although there have been some reports since last week that it could be done by at least the end of next month.

Easter has been mentioned in the last few days too.

 

[Chairman Steve]

Qatar aren’t going to run United like previous years PSG. I think they’ve gone off the galacticos route and want to be Bayern St Germain. Messi was their last vanity buy and it wouldn’t surprise if they want to offload Neymar some time soon. They want to have Mbappe be the poster child of their team which wants to be the home of premier French talent (like Bayern with German talent).

They won’t do that at United I don’t think. United don’t need to buy some marquee names to boost their profile because United’s profile is already at the highest level.

 

[DOTA]

I think this is a realistic and absolutely tragic scenario. Especially if short term success on the field helps to reduce fan outrage.

A europa league title would be poor consolation for 15 more years of Joel Glazer

I don't think it would do enough. Reckon we could win the league and fan sentiment would still be too strong for the Glazers staying on to be viable now.

 

[Raoul]

Are they actually allowed to do that though? I'm not an expert in this obviously but I know of market manipulation etc

If they began the process legitimately interested in selling then changed their minds after realizing there was an alternate path to keep all six siblings happy then it would be hard to prove.

 

[clarkydaz]

I think this is a realistic and absolutely tragic scenario. Especially if short term success on the field helps to reduce fan outrage.

A europa league title would be poor consolation for 15 more years of Joel Glazer

fans will go ballistic if they try this. As i said they have already tried the finacing route before the bidding

 

[Berbaclass]

Qatar aren’t going to run United like previous years PSG. I think they’ve gone off the galacticos route and want to be Bayern St Germain. Messi was their last vanity buy and it wouldn’t surprise if they want to offload Neymar some time soon. They want to have Mbappe be the poster child of their team which wants to be the home of premier French talent (like Bayern with German talent).

They won’t do that at United I don’t think. United don’t need to buy some marquee names to boost their profile because United’s profile is already at the highest level.

Agree. Now the World Cup has passed may be another factor in that.

 

[Revan]

Negotiating tactic

Clearly. The Glazers do not need money to run the club considering that the club makes enough money for itself. Unless it is Joel and Avram buying out the other Glazers.

 

[jm99]

In strictly financial terms, it would be a brilliant strategy by the Glazers given that the share price has doubled since late November.

If Joel and Avi (who collectively own about 33% of shares) made a deal with Darcy, Bryan, Kevin, and Edward (who collectively own 55%), to sell and somehow allow the former two to remain with double their current shares, that would seem to lay the groundwork for a potential Glazer stay.

I don't see why though, surely the share price is rising in anticipation of the Glazers fecking off, most private money is going to smart enough go realise that buying shares at an inflated price but with no effective voting power isn't a good idea

 

[cyberman]

In strictly financial terms, it would be a brilliant strategy by the Glazers given that the share price has doubled since late November.

If Joel and Avi (who collectively own about 33% of shares) made a deal with Darcy, Bryan, Kevin, and Edward (who collectively own 55%), to sell and somehow allow the former two to remain with double their current shares, that would seem to lay the groundwork for a potential Glazer stay.

Why would the two Glazers allow Qatar etc to raise the price and have them match an oil state offer? Under finance as well?
It just doesn’t seem viable at all.

 

[Berbaclass]

I don't see why though, surely the share price is rising in anticipation of the Glazers fecking off, most private money is going to smart enough go realise that buying shares at an inflated price but with no effective voting power isn't a good idea

Yes it is.

 

[pratyush_utd]

In strictly financial terms, it would be a brilliant strategy by the Glazers given that the share price has doubled since late November.

If Joel and Avi (who collectively own about 33% of shares) made a deal with Darcy, Bryan, Kevin, and Edward (who collectively own 55%), to sell and somehow allow the former two to remain with double their current shares, that would seem to lay the groundwork for a potential Glazer stay.

The moment these 3 start offloading shares, the value will plummet. Even at current evaluations, United is valued at 4bn. With Qatar bid, they stand to earn 25% more. That is after assuming that there will be no drop in share price once the siblings start selling.

Didnt know Joel and Avram owns 33% of total Glazer share. This makes Elliot news from Ogden even more foolish

 

[Berbaclass]

The moment these 3 start offloading shares, the value will plummet. Even at current evaluations, United is valued at 4bn. With Qatar bid, they stand to earn 25% more. That is after assuming that there will be no drop in share price once the siblings start selling.

Yeah, you'd think so. The market will quickly realize what is going on.

 

[DownRiver]

In strictly financial terms, it would be a brilliant strategy by the Glazers given that the share price has doubled since late November.

If Joel and Avi (who collectively own about 33% of shares) made a deal with Darcy, Bryan, Kevin, and Edward (who collectively own 55%), to sell and somehow allow the former two to remain with double their current shares, that would seem like the groundwork for a potential Glazer stay.

I appreciate this chess game theory that the glazers may ought to do, and it wouldn’t be out of their reach to do such a thing. However, since they let the cat out of the bag in regards to selling, anything other than a total buy out will cause fans to strike more than ever before as they see potential to sway them, and that there are willing buyers of the club.

To counter that theory further, Avram went to Qatar and was quite active in the pursuit of investment from/in the Middle East (people may not work with them if they pull a stunt like this). There are only offers for full take overs too, as no one would invest huge amounts of money without taking full control of the club (some would, but not to the level of billions). I would also assume that Ratcliff and Jassim have both done their due diligence in understanding both what the glazers are open to in regards to selling percentage of shares, and also the price expected for a full takeover.

 

[clarkydaz]

the sporting world is watching this, its a massive black mark for sponsors and PR if they try and pull this stunt

 

[Berbaclass]

Neville's thoughts

There have been suggestions that the current United owners may consider a partial sale of the club, but Old Trafford legend Neville told Sky Sports that the moment has come for them to leave the club entirely.

"I think what scares Manchester United fans most is the feeling this Man Utd ownership are running this process to drive a massive price up to try to somehow establish a level which means two of them can stay in and the rest of the family that want out can be bought out by an American fund who wouldn't mind owning a minority or significant share but not the entirety of the share," said Neville.


"That's the biggest concern. The whole emphasis at this moment in time from Man Utd fans is this has to be the end of the Glazer ownership.

"They've run out of money, they've not invested in the stadium… the fans want a new stadium, whether that's Old Trafford refurbished or a new one rebuilt, we need new facilities. Man Utd's stadium is behind a lot of the big clubs in Europe.

"The sporting project they've failed on in the last 10 years since Sir Alex Ferguson left. It's doing quite well at the moment, third in the league but it's not where Man Utd want to be.

"I still think there is a focus that this isn't one big charade that the Glazers are running to try to establish a value which would be for their brothers and sisters to exit and the couple that want to stay in to stay. There's a priority at this moment in time for them to go."

 

[TrebleChamp99]

Not to worry on the Glazers staying articles etc, it just the journalists making shit up now that the bids have been made. Well likely enter a week of relative radio silence until the actual bids go in, I believe the 25th was earmarked as a deadline for offers.

 

[Spoony]

If they began the process legitimately interested in selling then changed their minds after realizing there was an alternate path to keep all six siblings happy then it would be hard to prove.

But bloody ruthless on their part.