I'm not sure they can but IDK for sure
Club Sale | It’s done!
- Thread starter JB08
- Start date
- Status
GTFOH!
Yet it's literally what Forbes does. I think Forbes would know if they're underestimating wealth by a factor of 10 and adjust that. I'll take the FT and Forbes opinion on this unless/until something more reliable and equally as independent shows where the money is coming from.
In fact, if the real wealth is 10x what Forbes estimates, then we should absolutely ask where that extra 10+ billion came from that is hidden from public view. I know that they don't have to be public with their internal dealings, which again, is all the more reason to ask the questions.
Nope it is not, and I think that's why a potential new owner would want to get in before the summer window.
QIB is not a small bank. It is not the largest, but the bank owns assets by 2020 of about 47B usd. I would assume they would move some assets and put that investment into Man Utd instead if the opportunity comes up.
I know how it works. It is not charity, who said that. But there will be no interest. If Sheik Jasim decides to take a loan from QIB, they will charge him 0% interest rate, but they will own a percentage in the club. The whole principle of Islamic banking is not taking interest and sharing the risk.
Hi BB. ASL? Xx
Britain's richest man wanted to buy Chelsea also. He didn't have the resources the others had.
So it's not true then is it? He can spend it and chooses not to on some of his assets. Probably because he knows more about business than your typical Redcafe forum poster.
People forget that we make our own money to compete on the squad / Transfer front too.
All this he can't afford it is just propaganda because some people are desperate for the sportswashers. It's so bleeding transparent. Hahaha
You do realise when they say he has x billion they don’t mean in cash? They mean he is worth that, so the biggest chunk is his 60% ownership of INEOS and then they consider other assets and properties. So most likely no, he can’t afford United with his own cash. 99% of billionaires can’t.
As for comments about sports washing and Ratcliffe green washing please keep it to the appropriate thread.
Either they would do it the standard way, which is functually indistinguishable from interest payments, or they actually buy a portion of the club. If the latter, then they cannot do it as a bank (using deposits, fractal reserve banking), and would be like any other investor.
These initial statements mean very little really. Mostly just public posturing, not dissimilar to fishing for likes on social media.
SJR can't really come out and say he's going to spend his entire fortune on United as a gift for the people of Manchester and beyond. As a serious business man and not the front for some regime he has to at least act professional and do things properly.
But I wouldn't be surprised if he viewed this as something of a legacy and invested heavily into a passion project. It's not uncommon for the ultra wealthy to do such things, whether that's philanthropy or just one hell of a late life crisis.
In the end though, all we need is an owner who just lets the club do what it does. Doesn't take money from it and let's football people deal with the football side. We'd be self sufficient in footballing terms, only requiring owner input for things like the stadium and facilities, which in themselves would be an investment on their part.
The past decade has shown even with our hands tied behind our backs we can compete financially. The Glazers biggest failing hasn't been the debt, dividends or even the billion they've cost the club but repeated mismanagement.
Even with those parasites, with a proper structure, proper people on the right positions, we'd have been far more successful post Fergie. As it is we were run by clowns who hired clowns and rather than being Disney World, we were the circus out of American Horror Stories.
We need someone who release us from the debt and invest heavily on the infrastructure. There's also question marks if SJR understands how football works. Both Nice and his Swiss team are managed horribly.
Nothing new to see here, mostly regurgitated backstory & the writers own opinions, but apparently the glazers will be meeting with bidders soon.
Tweet
— Twitter API (@user) date
The Qataris own PSG, so going off both potential owners other clubs it's hardly an advert for expertise.
From the little I know about Ratcliffe, he quite regularly invests in infrastructure for him businesses so would it be any different with United?
On Nice, as I know little about them, I see that while possibly underachieving in terms of league position, they seem to be the form side in Ligue 1 as far as recent results go. Have they made a change of manager in the past month or so or just an uptick in performances?
Have no idea what's in his current account and savings accounts mate if that's what you're getting at.
I know he's got more money than the entire Glazer family though and we have spent £150-250m a season under them horrible lot for years which has been enough to compete. We haven't competed because it's been badly spent and we've had idiots in control of it. Not because there hasn't been enough to go round.
Liverpool and Arsenal aren't state owned and the scousers have done well for the last 6 years and Arsenal could well win the title this season.
Our fans have to get this idea out of their heads that it HAS to be Qatar or we are finished. It's simply not true.
Quite.
Free of debt - we're big enough to compete properly still - if we aren't wasting so much money on debt anymore.
They appointed Didier Digard in February after sacking Favre. He is regarded and a young up and comer in Ligue Un.
Digard doing well
Are you flirting with me?
They appointed a DoF and promoted their B team manager Didier Digard who is a caretaker as things stand if I'm not mistaken.
That's after Ratcliffe and Brailsford had brought in Iain Moody to oversee the summer transfer window of 2022, and he by all accounts signed players that Favre didn't want. Moody is also the same person who was sacked from his previous clubs for his racist and homophopic texts but Ratcliffe had no issues bringing him to Nice.
The reason fans have Qatar in their head is because at the moment, they are the only ones so far to have said they will clear the debt.
What are the biggest concerns under Glazers?
1. The debt - 600m
2. Stadium
3. Infrastructure - ( training ground, womens, etc...)
They are the only bidders who have addressed the above, obviously it could be lip service.
If there were 4/5 buyers and 2 of them said they are going to get rid of debt and build a stadium, it would be even.
The poster asked if the manager had changed recently. I answered his question.
As for Moody, he was hired as an external advisor to assist the CE (as the sporting director up and left) with the summer window only and did not stay with the club after September. Hardly ‘bringing him in’.
When all this starting breaking the news coming out was that a quick sale looked likely but it feels like this is going to drag on for months
Could be completely fecked if it's in limbo come the summer we have nothing in the pot it seems
Could be completely fecked if it's in limbo come the summer we have nothing in the pot it seems
Interesting watch. Carl living in a dream land.
It doesn't matter if it was permanent or temporary, but the truth is that Ratcliffe brought in a racist homophobe to oversee the transfer window for Nice in 2022.
Some in favor of Qatar are also talking about debt with the QIB (interest free or not, it's still debt). It's either sovereign wealth behind it, or Jassim will have to buy it on a lot of debt.
Also, the Qataris are the only bidders to address those items because they're the only bidders running a major PR campaign. SJR has to an extent, but nowhere near as much. And both have been rebuked by the Raine Group for doing so.
With more money than the Glazers how has he run Nice?
https://www.bbc.co.uk/sport/football/64842135
Stone verifying the Jackson story - meetings in the next fortnight for those who have made the next stage.
Tweet
— Twitter API (@user) date
Stone verifying the Jackson story - meetings in the next fortnight for those who have made the next stage.
Last edited:
Tweet
— Twitter API (@user) date
We move! 
Pretty much the expected timeframe I take it this is the “next step” for serious bidders.
I expect SJR will drop soon enough once figures go beyond 4.5bln and debt is mentioned.
I expect SJR will drop soon enough once figures go beyond 4.5bln and debt is mentioned.
Once they move on to the next stage then there's no chance they won't sell.
What’s the timeframe on the next stage ?
They’ve always been selling. It’s just about maximising the price now.
Do you know the background to the story or are we just going for headlines?
What backstory do you want to know about Iain Moody being hired to oversee the transfer window at Nice?
It's pretty clear that Ratcliffe doesn't care about Moody's background when it comes to racism and homophopia imo. You don't bring in a piece of shit like Moody if one has any morals.
And on top of that, Moody brought players in that were at odds with the positional play principles of Lucien Favre who in-turn was reported be furious with how the transfer window was handled by the ownership via Moody. And that's how they've got to a stage where they've promoted Digard as the first team head coach from their B team.
Not sure there would be a second stage if Glazers didn’t want to sell.
That’s good news at least
That’s good news at least
Any chance it will be wrapped up before the summer so we can get a good transfer period? Does anyone have an idea of a time line of future events?
Qatari on twitter doubling up on his end of March sale prediction.
He either knows something we don't and is really confident.......or will look very stupid in a few weeks.
He either knows something we don't and is really confident.......or will look very stupid in a few weeks.
Last edited:
You seem to be blowing this out of proportion is all. He sent a few abhorrent messages and resigned from a subsequent job after apologising. Is it not possible that he felt remorse and realised the error of his ways?
Do you have the same contempt for Malky Mackay? Or is it just SJR hiring him that is the problem?
The racist message was referring to Asians and dogs - which makes him roughly as racist as everyone who has ever sung the JS Park song at Old Trafford. Do you consider thousands of Utd fans ‘pieces of shit’?
What he and Malky did was absolutely appalling and in no way would I ever condone or echo their sentiments, but do you really believe that they should never work again? After all football recruitment is his field of expertise. Feels like you are using this as a stick to tar INEOS unfairly - that’s all.
- Status