Club Sale | It’s done!

[stevoc]

At the start of this I took the view that sportwashing was ineffective for the reasons above. The last few weeks have proven that to be a ridiculous view. A read through this thread shows just how effective it is.

Oh it's a very real and very effective strategy.

 

[Shakesy]

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Sorry if already posted. Bids expected by end of the week

I wonder what kind of work goes into bidding. A little note with a number obviously doesn't suffice.

 

[Spoony]

As it is for any club though mate even the biggest of them. For all this talk of United needing £2+ billion to renovate Old Trafford. Real are renovating the Bernabeu for £700-800m and that's a pretty extensive redevelopment.

Barca's is costing 1.2b and Real's almost 1 billion, Steve. Costs have spiralled last two years.

 

[FreakyJim]

Barca's is costing 1.2b and Real's almost 1 billion, Steve. Costs have spiralled last two years.

Also the cost of construction in Britain is surely a lot higher than in Spain.

 

[devilish]

And you believe a deal of this magnitude, circa £5bn, hasn't got more moving parts than a player transfer? This is a world record deal for a sports franchise. Unforeseen things will happen.

And, do you not find it strange, that ALL the journalists/reporters covering this takeover said the same thing? These are from sports and business sectors of the media. Do you think they were told one thing and then something else happened?

Whenever do you find people in the media all agree about the same thing? It's usually when something is near enough happening, or has happened.

Yes they do but we're not talking here about fine details (ex Jassim has placed a bid of 5.25m rather then 5.5m or INEOS used 4.2b of its own money rather then 4.1b). Its whether these companies had placed a bid or not. That's a binary and a rather simple thing to confirm. Had they placed a bid or had they not? Whoever said yes then his credibility is at stake big time here because he was either lying or his sources are mush.

 

[Champ]

No Ineos and Qatar are both bidding for the Glazers 69% of the club. That's all the Glazers can sell through this sale process, they don't own the other 31%. Ineos/Qatar would have to buy those shares separately once they are club owners.

So despite all these Tweets for some reason continually repeating that Qatar want 100% of the club they are actually only bidding for 69%.

Thanks, it makes sense now, few other replied with similar.
Was a bit confusing as that how it originally looked to me.
Cheers.

 

[red thru&thru]

Yes they do but we're not talking here about fine details (ex Jassim has placed a bid of 5.25m rather then 5.5m or INEOS used 4.2b of its own money rather then 4.1b). Its whether these companies had placed a bid or not. That's a binary and a rather simple thing to confirm. Had they placed a bid or had they not? Whoever said yes then his credibility is at stake big time here because he was either lying or his sources are mush.

Okay. So who said they weren't bidding before the 9pm deadline?

 

[devilish]

Okay. So who said they weren't bidding before the 9pm deadline?

Most journalists came out saying that they had bid only to turn out that they did not. I believe that the vast majority of those journalists

a- have no source and are winging it.
b- they have one source (ie the one using them for PR) and they lied to them.

 

[stevoc]

Barca's is costing 1.2b and Real's almost 1 billion, Steve. Costs have spiralled last two years.

Oh I know mate I work in construction. But the Bernabeu project was originally costing 575m Euro. They've had to borrow another 200m to account for the rise in material and labour costs.

 

[stevoc]

Thanks, it makes sense now, few other replied with similar.
Was a bit confusing as that how it originally looked to me.
Cheers.

Yeah easily done mate, the messaging on this has been a bit misleading. With most of Qatar's PR repeating that they intend to buy 100% for whatever reason.

 

[Shinjch]

It has really gone to show how these 'journalists' operate. They are just so keen to get a scoop of some sort that they don't care about making sure that the info they are about to spread is correct. Makes it so easy for them to just be used as PR weapons for whoever is giving them any information at any given time.

Then once one journalist comes out with the scoop the rest of them all just fall in behind with it. Bit of a broken industry.

 

[Spoony]

Oh I know mate I work in construction. But the Bernabeu project was originally costing 575m Euro. They've had to borrow another 200m to account for the rise in material and labour costs.

Well you clearly know more than most. it's always going to go higher, which is why I just can't see the Glazers sticking around in any form.

It's all so Succession though.

 

[JagUTD]

It is. And it's probably higher than that.

A lot of it is done through shell companies/ accounts in the British Virgin Islands, Jersey etc. We should all know why this is done.

They are also now the UK's second largest source of gas, and have heavily invested in a storage facility in Wales I think, that will be able to hold 20% of the UK's daily gas needs.

They ain't going nowhere.

Referring to them being the biggest investors not how much.

 

[red thru&thru]

Most journalists came out saying that they had bid only to turn out that they did not. I believe that the vast majority of those journalists

a- have no source and are winging it.
b- they have one source (ie the one using them for PR) and they lied to them.

So for a, EVERY one of those reporters aren't credible reporters and have winged their whole careers?

For point b, this could be the case but then how could this be their fault?

As I said before, it's pretty strange that all the "credible" reporters got it wrong, all at the same time.

My opinion is that they been told one thing and then something else happened.

 

[sglowrider]

Yep United don't need a sugar Daddy.

So what does that make Ratcliffe? Dodgy Uncle?

 

[sjw2511]

Fax machine faulty, is obvious

 

[Infra-red]

Is this even true?

And even if it was, which the official data says it isn't, then ask yourself, would you be happy with a Russian oligarch because Russia invested billions in the UK?

And you understand why countries like this invest in other nations surely? Why the likes of China, Russia the Gulf States and more but well known foreign companies?

It's not for our benefit, not for the UKs benefit but to give the impression of legitimacy

No, it is not true. The ONS publishes statistics on this, which aren't hard to find. The UK imports about half of its gas (the other half mostly comes from North Sea drilling). 77% of all UK gas imports come from Norway.

In terms of investment, it's not a surprise that the largest investors in the UK are the US and the EU.

 

[cyberman]

3rd chancer..I mean bidder has made themselves known
https://pressat.co.uk/releases/thom...r-with-fans-77a8f294c32de30f96d26a42a657fd1a/

 

[Rightnr]

This really is a farce in the vein of our transfer window dealings.

The Glazers are basically playing a game of cat and mouse with the bidders because they are not providing bidders with a definite roadmap of the process, saying there might be more stages or the next stage might be an exclusive buyer stage where one party gets an exclusive right to adjust for a few weeks.

The rats really are shameless because they know the value they are attributing to the club includes future improvements which they never bothered with or invested in but want the benefit from.

Just disgusting levels of greed and I hope it catches up with them much, much sooner rather than later.

 

[strandty]

3rd chancer..I mean bidder has made themselves known
https://pressat.co.uk/releases/thom...r-with-fans-77a8f294c32de30f96d26a42a657fd1a/

That HAS to be a piss take haha!

 

[devilish]

So for a, EVERY one of those reporters aren't credible reporters and have winged their whole careers?

For point b, this could be the case but then how could this be their fault?

As I said before, it's pretty strange that all the "credible" reporters got it wrong, all at the same time.

My opinion is that they been told one thing and then something else happened.

I said they either winging it or they had 1-2 sources that took them for a ride

Which makes me wonder. Most people (including myself) thought that there was a Jassim camp (ex Keegan) and a SJR camp (ex delaney). However im the end both were briefed the same thing with the same result. Now I don’t think that Ineos and Jassim are working together to make their journalists look silly. So what I'd going on here?

Then I remembered how our club act expecially around big name signings (ex sancho, Bruno and De jong). We have a saga every year with transfer deals spanning across 2 transfer windows. At first everyone thought that it was down to incompetence. However it turned out that one of the data United use to justify our price is fan engagement. If the sancho saga generated clicks then imagine what United's sale is doing

Which makes me wonder if in reality there is one camp ie the Glazers camp. They might be feeding certain journalists certain selective info (ex Qatari data to Keegan) thus creating engagement and maybe pushing bidders to bid bigger. After all bidders are human like we are. If athletic write that they heard from very reputable sources that SJR has bid 5b then he might increase it to 5.2b etc

 

[romufc]

That HAS to be a piss take haha!

I mean that bid is just good on paper, it would never work.

 

[pauldyson1uk]

Sky is reporting that NO bid has been received has of yet.
Qataris and Radcliffe both asked for more time !!
WTF is going on

 

[DomesticTadpole]

Hugh
Pugh
Barney McGrew
Cuthbert
Dibble
Grub

Pugh, Pugh. They are twins.

 

[crossy1686]

Is this even true?

And even if it was, which the official data says it isn't, then ask yourself, would you be happy with a Russian oligarch because Russia invested billions in the UK?

And you understand why countries like this invest in other nations surely? Why the likes of China, Russia the Gulf States and more but well known foreign companies?

It's not for our benefit, not for the UKs benefit but to give the impression of legitimacy

Yes, it’s true. I don’t know what ‘official data’ you have access to but it’s widespread knowledge that they’re heavily invested in the UK economy. The BBC even touched on this recently:

https://www.bbc.co.uk/news/business-63715388.amp

I’m not saying it’s okay, I’m saying they’re already here so turn your gas off, move out of your apartment, close your bank account if you’re really troubled by the Qatari investments in the UK, surely football comes last in all those priorities for what’s important in life.

And before anyone gets upset about their involvement, the UK economy wouldn’t grow without outside foreign investment. The British public don’t invest or save enough to grow the economy so the money has to come from somewhere.

 

[crossy1686]

Sky is reporting that NO bid has been received has of yet.
Qataris and Radcliffe both asked for more time !!
WTF is going on

They could be waiting to see who the ghost bidders are or both parties are waiting to see the others hand. Big game of poker going on.

If the Galzers are going to sell its to one of these two so they only have to beat each other marginally to win.

 

[golden_blunder]

No one talking about the burning INEOS plant? Plot from 24 or pure coincidence?

 

[sglowrider]

3rd chancer..I mean bidder has made themselves known
https://pressat.co.uk/releases/thom...r-with-fans-77a8f294c32de30f96d26a42a657fd1a/

The perfect morally correct bidder.

 

[crossy1686]

No one talking about the burning INEOS plant? Plot from 24 or pure coincidence?

Insurance scam to raise capital or cut running costs?

 

[Tincanalley]

Auction Chicken is the name of the game. Who blinks first and puts a brave new bid in, only to see the other offer fifty cents more, seven seconds later...

 

[Gee Male]

Yes, it’s true. I don’t know what ‘official data’ you have access to but it’s widespread knowledge that they’re heavily invested in the UK economy. The BBC even touched on this recently:

https://www.bbc.co.uk/news/business-63715388.amp

I’m not saying it’s okay, I’m saying they’re already here so turn your gas off, move out of your apartment, close your bank account if you’re really troubled by the Qatari investments in the UK, surely football comes last in all those priorities for what’s important in life.

And before anyone gets upset about their involvement, the UK economy wouldn’t grow without outside foreign investment. The British public don’t invest or save enough to grow the economy so the money has to come from somewhere.

This has to be the most ridiculous argument of the lot. Its like if someone knocks on your door and hands you a CPO for your house so that they can build a motorway, you're going to object right? I mean, the argument that "motorways are already here so just deal with it or else burn your car haha" - that's not going to wash, is it?

I couldn't give a feck about Qatari investment in the UK nearly so much as I give a feck about our club. Just because they invest in Barclays or own the fecking Shard doesn't mean they're welcome here, does it?

 

[sglowrider]

 

[Marcelinho87]

It would be fraud and they would get prosecuted for it, I think they'd care

We live in a world where only the poor get prosecuted... the mega rich have means and ways, it's a capitalist world.

 

[crossy1686]

This has to be the most ridiculous argument of the lot. Its like if someone knocks on your door and hands you a CPO for your house so that they can build a motorway, you're going to object right? I mean, the argument that "motorways are already here so just deal with it or else burn your car haha" - that's not going to wash, is it?

I couldn't give a feck about Qatari investment in the UK nearly so much as I give a feck about our club. Just because they invest in Barclays or own the fecking Shard doesn't mean they're welcome here, does it?

I’m not saying anyone should, I’m saying that those who are perturbed by the potential investment of Qatari money coming into the club and Manchester as a whole benefitting from that should know that they’re already here anyway so the argument isn’t a valid one against ownership.

There’s varying degrees of hypocrisy in this thread on a daily basis.

 

[MonkeysMagic]

Absolutely no way Raine do all this work (its not a lot of work but they are investment bankers so, you know!) and then have the Glazers walk away without them getting paid! From all that I have read, their payment is contingent on a sale or partial finance going through.

 

[Tango80]

Qatar will pay up and the Glazers will go home happy. Nowt wrong with a bit of brinkmanship.

Nope. I'd do exactly the same.

This isn't Glazers being greedy, this is basically every deal or sale that has ever happened. Sellers want the highest possible price for their asset, buyers want the lowest. You don't need to have a masters in an economics degree to realize digging your heels in a bit well get you a better deal.

 

[Gee Male]

I’m not saying anyone should, I’m saying that those who are perturbed by the potential investment of Qatari money coming into the club and Manchester as a whole benefitting from that should know that they’re already here anyway so the argument isn’t a valid one against ownership.

There’s varying degrees of hypocrisy in this thread on a daily basis.

That's nonsense. You're saying because they're investing in the broader economy anyway then "the argument isn’t a valid one against ownership." Nobody is protesting Qatari investment on the UK economy, people are against Qatari state ownership of our football club. There's a huge difference.

Also, your argument could be made for literally any owner. Every single billionaire in the world will have UK assets, either directly or via fund holdings. Does that mean that we have no right to protest against anyone else?

 

[red thru&thru]

I said they either winging it or they had 1-2 sources that took them for a ride

Which makes me wonder. Most people (including myself) thought that there was a Jassim camp (ex Keegan) and a SJR camp (ex delaney). However im the end both were briefed the same thing with the same result. Now I don’t think that Ineos and Jassim are working together to make their journalists look silly. So what I'd going on here?

Then I remembered how our club act expecially around big name signings (ex sancho, Bruno and De jong). We have a saga every year with transfer deals spanning across 2 transfer windows. At first everyone thought that it was down to incompetence. However it turned out that one of the data United use to justify our price is fan engagement. If the sancho saga generated clicks then imagine what United's sale is doing

Which makes me wonder if in reality there is one camp ie the Glazers camp. They might be feeding certain journalists certain selective info (ex Qatari data to Keegan) thus creating engagement and maybe pushing bidders to bid bigger. After all bidders are human like we are. If athletic write that they heard from very reputable sources that SJR has bid 5b then he might increase it to 5.2b etc

Yep. Journalists, for the repetuibal ones, will say what they've been told.

However, I'm pretty confident that after last night, even these Journalists will be more cautious, just like we are as fans.

As people say, these Journalists get paid for their work. They will pride themselves on the work they do. The research they do. Contacts they build up, etc.

 

[Plant0x84]

So what does that make Ratcliffe? Dodgy Uncle?

You be nice to Uncle Jim!!

 

[TrebleChamp99]

This third bidder my word , terrible idea. For three dollars you too can sign up and ruin all decisions at United.