Club Sale | It’s done!

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HarryP

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I still can't fully get on board with any of this. I'm not sure how INEOS can be in with much chance, and if they are then what that means for the club being debtless in future. The Sheikh Jassim bid still seems like a complex way to have the Qatari state buy the club. Regardless, both parties have shown prior experience of mismanaging football clubs.

I mean, sure, it results in the Glazers finally fecking off but right now still we're just chasing news reports and I just hope we don't look back in five years time and say "well this has turned out to be a bit shit".
At the very least they will rebuild the stadium and give us state of the art training facilities.

With regards team building, PSG is a much harder project to manage. The weakness of Ligue 1 is a significant issue that causes numerous problems that a PL club obviously wouldn't face. That being said, they've had a much better team than us for the most part of the last decade. Much higher level quality of football.


Looks like Jamsil will close this pretty soon. Bit surprised he’s suddenly briefing about getting ex-players involved, who, why, and in which roles? Hard to think of any ex-United players who would add very much.
Where have you read that he's looking to get ex players involved?
 

Rocksy

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A certain goalie...?
Schmeichel? Jesus. He is absolutely clueless when he talks about football. Rio (someone mentioned him above) also has history of demanding OGS as manager and an interview in The Athletic where he said he’d be an amazing Sporting Director. I’d stay well clear of both of them, regardless of how good they were as players. Maybe they mean Edwin VDS (someone who has actually done something in football after playing).
 
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JagUTD

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Surely nobody still thinks Jassim, who basically appeared from nowhere with a history written by ChatGPT is genuinely a sole party interested in buying the club?

He's a front. A nail salon and through the back sits the Qatari Royal family.
 

Nou_Camp99

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Surely nobody still thinks Jassim, who basically appeared from nowhere with a history written by ChatGPT is genuinely a sole party interested in buying the club?

He's a front. A nail salon and through the back sits the Qatari Royal family.
I think most people realise this now tbf but clearly it's still not everyone.

Nobody in Qatar has 5bn to spend on a vanity project except the state and royals.
 

Adnan

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At the very least they will rebuild the stadium and give us state of the art training facilities.

With regards team building, PSG is a much harder project to manage. The weakness of Ligue 1 is a significant issue that causes numerous problems that a PL club obviously wouldn't face. That being said, they've had a much better team than us for the most part of the last decade. Much higher level quality of football.




Where have you read that he's looking to get ex players involved?
 

BarstoolProphet

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Why are people saying we are being bought ”by Qatar” rather than by a Qatari person?
There are many strong arguments for that to be the case, even if it's actually a possibility that it's just an individual buying it also. People go by Forbes' net worth valuations but there's no way that they know the innergoings of central branches of the massive Al Thani family. They are notoriously coy on their finances.

As for why this probably is a state bid? Because they have a history with doing this sort of dealings. The Shard could be used as an example - they had Qatari individuals dealing with early financing then QIA aquired it later on. They also, as shown with both the WC and PSG, want to use football as a way to promote their country (most probably for tourism as they have been watching Dubai build itself up on Western money). You could say that there's no way a Qatari would buy perhaps the most well-known football team in the world without key members of the Royal family being involved (most likely the Emir himself). I wouldn't be surprised if Jassim is being used as a proxy for the initial takeover phase and then QIA or QSI swoop in when the issue with multi-club ownership has been "resolved".
 
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TrueRed79

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Does anyone know how other clubs message boards are reacting to the prospect of Qatar taking over United?

I seem to remember some meltdowns on here over the Saudi Newcastle bid before I hid that thread
With disdain till it happens to them. And then it's grand because "that's what we need to compete" blah blah..
There was plenty. Surprised at the amount of posters that are completely ok with the Qataris buying the club. Some even cheerleading it. I'm not here to wind people up like wumtwat, but we certainly don't need a state to buy us, in order to be able to win trophies or upgrade our facilities. If you honestly think they could be some sort of saviour for the club, then you're as naive and thick as they come. Don't quote me you think Jassim is just another Qatari citizen looking to invest in a PL club.
 

BarstoolProphet

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Because the guy who is meant to be buying us doesn't have a spare 5bn to buy a football club. He's said to be worth 1.6bn.

You'd have to have about 30bn to be able to spend so much on a football club as nobody would put every penny they own in.
Safe to say, his net worth valuations are likely way off the mark. They don't disclose their finances and coming from a key branch (not the most important one, but still key) of the family he most likely got access to the massive cash pool in one way or another.
 

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Because everyone knows where the money is really coming from.

But also, based on previous takeovers, these types of buyers often use a person to front the bid. Sometimes once the takeover is complete, the face of the bid vanishes. Can't remember if it was PSG or City where we were shown a person throughout the takeover who then just vanished after it was complete.

Though all of those saying SJR might buy us are also wrong, as he's just fronting for Ineos.... though he also owns Ineos. A sort of take over inception.
City's frontman was that shady Al-Fahim guy, who faded into obscurity immediately after the takeover, only to re-emerge months later as the new Portsmouth owner as they went into administration and down to the Championship.
 

pratyush_utd

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I just hope we keep the staff as it is right now. After a decade it seems like we finally have a good back room staff. Dont want ex players involvement all of a sudden to upset the chemistry. Over a period of time depending on requirement, its okay but not all of a sudden
 

Nou_Camp99

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Safe to say, his net worth valuations are likely way off the mark. They don't disclose their finances and coming from a key branch (not the most important one, but still key) of the family he most likely got access to the massive cash pool in one way or another.
It's a state or Royal family purchase and they have picked a front man.

They are buying it for political reasons rather than for profit so that's why you know it's not a private bid.

They are going to win though. Nobody can compete with that wealth in the west.
 

JagUTD

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I think most people realise this now tbf but clearly it's still not everyone.

Nobody in Qatar has 5bn to spend on a vanity project except the state and royals.
I'd have said even the State would struggle to pay £5bn outright due to the various restrictions on such large transfers of money, but a quick google suggests £5bn pales in comparison to the $57bn cash transfer JP Morgan did a few years back.
 

Plant0x84

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Safe to say, his net worth valuations are likely way off the mark. They don't disclose their finances and coming from a key branch (not the most important one, but still key) of the family he most likely got access to the massive cash pool in one way or another.
The fact his father (HBJ) spoke about the deal in his interview is telling. Jassim certainly isn’t doing this alone, even if it isn’t state backed (which is likely)
 

JagUTD

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City's frontman was that shady Al-Fahim guy, who faded into obscurity immediately after the takeover, only to re-emerge months later as the new Portsmouth owner as they went into administration and down to the Championship.
Thanks!

I had Portsmouth in my head when posting but couldn't quite pin point the connection.
 

Mcking

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Surely nobody still thinks Jassim, who basically appeared from nowhere with a history written by ChatGPT is genuinely a sole party interested in buying the club?

He's a front. A nail salon and through the back sits the Qatari Royal family.
Seeing the tweets about how Sheikh Jassim wants to buy the club so much, how engaged he would be, and how ambitious he is, when I know there's no way he is the one buying the club to begin with, itself makes the Qatari potential ownership feel so hollow to me.

I'm struggling to see where the positives to them winning the bid are for a Manchester United fan from all perspectives. I'm not going to get excited by words that clearly haven't come from the man they are being attributed to.
 

Nou_Camp99

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The money behind Newcastle is almost certainly from the state / MBS too. They have clearly found loopholes in the way they buy football clubs. I suppose people are too afraid to ask them too many questions as well. We all know what could happen.
 

Compton22

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Why would he not take his closest advisors with him to such a big job and big opportunity?
 

JagUTD

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Seeing the tweets about how Sheikh Jassim wants to buy the club so much, how engaged he would be, and how ambitious he is, when I know there's no way he is the one buying the club to begin with, itself makes the Qatari potential ownership feel so hollow to me.

I'm struggling to see where the positives to them winning the bid are for a Manchester United fan from all perspectives. I'm not going to get excited by words that clearly haven't come from the man they are being attributed to.
For me it's to similar to the circus we have been for a decade under the Glazers. Though that's just a personal opinion.

I can sort of understand the idea behind it, in the context of the modern world. Gain support and momentum via social media. It's the way things tend to be done these days.

One thing to consider is that the Glazers are quite possibly the most out of date, archaic people on the entire planet so it probably won't mean much to them. They probably think twitter is some sort of infliction that requires a lobotomy.
 

BarstoolProphet

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The money behind Newcastle is almost certainly from the state / MBS too. They have clearly found loopholes in the way they buy football clubs. I suppose people are too afraid to ask them too many questions as well. We all know what could happen.
PIF is official part-owner of Newcastle.
 

Plant0x84

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For me it's to similar to the circus we have been for a decade under the Glazers. Though that's just a personal opinion.

I can sort of understand the idea behind it, in the context of the modern world. Gain support and momentum via social media. It's the way things tend to be done these days.

One thing to consider is that the Glazers are quite possibly the most out of date, archaic people on the entire planet so it probably won't mean much to them. They probably think twitter is some sort of infliction that requires a lobotomy.
To be fair the club has been super socials focused since they took over so that’s not quite fair. Surely you remember good old Ed Woody giving his social media interactions updates during the investor calls? Good times…..

According to a study by Sportslens, Manchester United is the most valuable social media brand in the Premier League. The club has 184, 400,000 followers across its social media platforms. These include Facebook (77 million), Instagram (59.2 million), Twitter (31.9 million) and TikTok (16.3 million).
 

BarstoolProphet

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The fact his father (HBJ) spoke about the deal in his interview is telling. Jassim certainly isn’t doing this alone, even if it isn’t state backed (which is likely)
HBJ made it out like there's several of his sons being involved so the family warchest is probably being used. Could they afford it on their own? I wouldn't be surprised if their dealings and connections during the rise of Qatar has made them way richer than the likes of Forbes suggests.
 

BarstoolProphet

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Full owner more like. That's the point I was making.
They own around 80% so don't need to be full owner to control the club. Staveley and Reubens probably got handed their share for public posturing. A bit different than this situation though.
 

JagUTD

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To be fair the club has been super socials focused since they took over so that’s not quite fair. Surely you remember good old Ed Woody giving his social media interactions updates during the investor calls? Good times…..
I think part of the problem has been them entrusting things to complete morons and being to slow to realise. At one point things got completely out of control at this club and Woodward was the main driver of it all. They clearly put far to much trust in him, which happens when you run things from 3000 miles away.
 

Plant0x84

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I think part of the problem has been them entrusting things to complete morons and being to slow to realise. At one point things got completely out of control at this club and Woodward was the main driver of it all. They clearly put far to much trust in him, which happens when you run things from 3000 miles away.
Agreed
 

Mr Pigeon

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I'm not being racist but it's probably time we had a shawarma van at OT.
We need a Turkish-Glaswegian consortium to win. You haven't lived until you've eaten a sarbeni whilst pissed up.
 

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Not sure in what universe would Ratcliffe outbid the Qataris, so a bit surprised he's pushing ahead with this. Nothing is impossible of course, but the Glazers will sell to the highest bidder, and if it's not sold to Qatar, then it's someone else we don't know yet.
 

stevoc

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Because everyone knows where the money is really coming from.

But also, based on previous takeovers, these types of buyers often use a person to front the bid. Sometimes once the takeover is complete, the face of the bid vanishes. Can't remember if it was PSG or City where we were shown a person throughout the takeover who then just vanished after it was complete.

Though all of those saying SJR might buy us are also wrong, as he's just fronting for Ineos.... though he also owns Ineos. A sort of take over inception.
 

Adnan

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Sheikh Mansour wrote an open letter to the City fans when he bought the club. There was nothing secret about him taking over the club.
 
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