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Club Sale | It’s done!

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Revan

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No they don’t!!!
It would be good if you listen to your own advice then.
This is exactly what is winding me up so much. People assume they know what’s going on and make scenarios in their head to get irate about.
Worse still it then gets parroted all over social and becomes ‘fact’.:rolleyes:
NB: Radcliffe controls 'only' around 70% of the company. The company has two other shareholders (and just had an investment from Saudi Arabia, so they might now own some part of company too).
 

Plant0x84

Shame we’re aren’t more like Brighton
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It would be good if you listen to your own advice then.


NB: Radcliffe controls 'only' around 70% of the company. The company has two other shareholders (and just had an investment from Saudi Arabia, so they might now own some part of company too).
Two guys with a minority share isn’t going to stop Ratcliffe from running his own company the way he sees fit. If he says ‘lads, we’re buying United’ they will say “ok boss, no problem!!”
 

Giggsyking

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Are you lot playing stupid?

:lol:

no shit a Scandinavian poll is only representative of Scandinavia.

What the holy feck :lol:
Why are you so aggressive and abusive? I recommend you go drink some tea and calm down.
Go read your statement and understand how idiotic it sounds.
how is Scandinavia representative of the global fan base? Cant you read what wrote OMG.
 

devilish

Juventus fan who used to support United
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Doesn’t matter what Reece & Currie think does it?
Of course it does. They are his business partners. Even if it didn't then there are many other external factors that come to play like for example banks who lend money to INEOS. Would they be happy seeing him spending their money in a real life Football manager? I very much doubt it. Its also pretty uncharacteristic from SJR to do that as well. The man is all about sustainability and being able to turn a desert (ie a run down business) into a fertile field. That had worked magnificently in his line of business. However he wasn't able to perform that same magic with his football clubs
 
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Why are you so aggressive and abusive? I recommend you go drink some tea and calm down.
Go read your statement and understand how idiotic it sounds.
how is Scandinavia representative of the global fan base? Cant you read what wrote OMG.
I called you Sherlock Holmes because of course it’s only representative of Scandinavia man. It’s a Scandinavian poll, polling Scandinavian fans.
Better stay in Scandyland and far far away from the UK and Ireland if you’re that bad at detecting sarcasm when someone even calls you Mr. Holmes :lol:
 

Appletonred

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Unthinkable the glazers decide to stay on this far down the road, they can probably expect Liverpool levels of anarchy and beyond if that happens.
 

pseudo_canadian

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I find stuff like this ridiculous - how the feck could those “sources” know? If they do exist they won’t even know if they’ll be in a job this summer as new owners could do anything!

It’s complete guesswork in order to generate clicks. That’s what “journalists” do.
 
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Of course it does. They are his business partners. Even if it didn't then there are many other external factors that come to play like for example banks who lend money to INEOS. Would they be happy seeing him spending their money in a real life Football manager? I very much doubt it. Its also pretty uncharacteristic from SJR to do that as well. The man is all about sustainability and being able to turn a desert (ie a run down business) into a fertile field. That had worked magnificently in his line of business. However he wasn't able to perform that same magic with his football clubs
Eh? The banks only care that:

a) ineos can pay

b) ineos continue to have huge profits

c) they are more than happy to loan to billionaires

I mean you gave an example earlier at how banks have finance the glaziers ridiculous purchase of Manchester United and had absolutely no issues with them playing football manager. But for some bizarre reason you think we have a problem INEOS money, a company with 60bn in revenues and 2bn in profits?

Come on Dev.
 

BarstoolProphet

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This is exactly what is winding me up so much. People assume they know what’s going on and make scenarios in their head to get irate about.
Worse still it then gets parroted all over social and becomes ‘fact’.:rolleyes:
Isn't that what you are doing when commenting on Qatar?
 

devilish

Juventus fan who used to support United
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61,798
Eh? The banks only care that:

a) ineos can pay

b) ineos continue to have huge profits

c) they are more than happy to loan to billionaires

I mean you gave an example earlier at how banks have finance the glaziers ridiculous purchase of Manchester United and had absolutely no issues with them playing football manager. But for some bizarre reason you think we have a problem INEOS money, a company with 60bn in revenues and 2bn in profits?

Come on Dev.
Let's start from the Glazers bid. United were a gold mine. It was the biggest brand name in the most popular sports in the world that had no rules whatsoever that protected such clubs from any vultures that wanted to exploit it. Kudos to evil ginger Teddy bear for going into it first.

The trouble with MG was that he simply lacked the money needed to complete such money heist. That is why Woodward (who sorted the whole thing) ended up being rewarded with a CEO role and 0.5% of the class B shares. I think we can both agree here (please do else I'll think you're trolling) that the Glazers are anything but generous.

Returning to Banks, trust me, as a person who had worked under CEOs myself I assure you that they care about a lot of things which also include how the money is going to be invested and what is the projected ROI out of the investment made.
 

romufc

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No, because a sponsor does not own the club. As far as I am aware Sheik Jassim wants to BUY the club, not SPONSOR it.
Sheik Jassim has nothing to do with the state though. Can you tell me what role he serves in the governance or state of Qatar?
 

wolvored

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For FFP to work it basically looks at revenues coming in to what you can spend. If the seat prices go up 5% then thats extra money you can spend without it affecting FFP. This works whoever takes over. With City likely to be fined/points deduction/relegated there will be more scrutiny than ever.
 

simonhch

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Let's start from the Glazers bid. United were a gold mine. It was the biggest brand name in the most popular sports in the world that had no rules whatsoever that protected such clubs from any vultures that wanted to exploit it. Kudos to evil ginger Teddy bear for going into it first.

The trouble with MG was that he simply lacked the money needed to complete such money heist. That is why Woodward (who sorted the whole thing) ended up being rewarded with a CEO role and 0.5% of the class B shares. I think we can both agree here (please do else I'll think you're trolling) that the Glazers are anything but generous.

Returning to Banks, trust me, as a person who had worked under CEOs myself I assure you that they care about a lot of things which also include how the money is going to be invested and what is the projected ROI out of the investment made.
I have been a CEO for the last six years and will echo these sentiments about what banks care about. I’ve not been involved with anything like this level of finance but at various times I have been on the hook for over 20m to a single bank. That became particularly challenging during the pandemic, and what became clear in that time was that there were a plethora of factors that went into their thinking, one of which was the political cache of investing in a project like ours. That bought us a lot more leverage when it came time to negotiating deferrals.

At the end of the day though, it all ultimately came down to the financial viability of our project, and once our risk profile was changed it was a rapid and slippery slope towards the termination of our agreements. For a group like Ineos, this will never be a problem.
 

cyberman

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I dont get how when our owners have put in 0.
Because of our income.
I’ve made this point before but the entire United are in danger nonsense came from an article saying we could only afford one big signing in the summer if we didn’t reach the CL. If we did then we would be comfortable and could sign a second big name if we wanted to.
People just parrot it anyway. That’s why he’s caught himself out and ESPN are obviously going down the route of posting news thats supposed to dampen spirits to get the clicks
 

glazed

Eats diamonds to beat thermodynamics
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Stupid pointless tweet. Nobody is gonna say otherwise no matter what the reality is. Imagine "Oh yes we're gonna flood the transfer market with mad oil money on day 1 even though we're probabaly getting fired next month. Come take our trousers down Dortmund and West Ham"
 

devilish

Juventus fan who used to support United
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I have been a CEO for the last six years and will echo these sentiments about what banks care about. I’ve not been involved with anything like this level of finance but at various times I have been on the hook for over 20m to a single bank. That became particularly challenging during the pandemic, and what became clear in that time was that there were a plethora of factors that went into their thinking, one of which was the political cache of investing in a project like ours. That bought us a lot more leverage when it came time to negotiating deferrals.

At the end of the day though, it all ultimately came down to the financial viability of our project, and once our risk profile was changed it was a rapid and slippery slope towards the termination of our agreements. For a group like Ineos, this will never be a problem.
Don't you think it would be an issue for INEOS to keep asking billions of pounds for something with a minimum ROI?
 

simonhch

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Maybe with increased ticket prices they can project higher sales and force a higher price out of one of the bids. That's what I am hoping anyway.
Another way to look at it is that the new group may have asked them to do it now, to take the flak for it as they are leaving anyway. That way the new owners can come in and freeze prices at a higher level and not take any heat for raising them. The other option is that they asked the outbound Glazers to raise them, so they can come in and immediately reduce them to win some points with fans. I don’t see the Glazers having any problems doing this if it was part of negotiating the sale price they wanted.

If anything I think this raise in prices shows they are leaving rather than staying. People are just looking for reasons to fear longer at this point.
 
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