Club Sale | It’s done!

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devilish

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People scrabbling to find out if this Finnish dude has enough money to placate them (ie bragging rights). :lol:
that bid is so hilarious that its almost like a child had done it
 

MF1138

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Fan ownership (not decision-making) is the dream, is there any realistic pathway to it?
Government mandate is the only way in hell that I can imagine it ever happening and that won't happen.
 

Kinsella

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that bid is so hilarious that its almost like a child had done it
It has its merits (except in respect of the decision making part). Many fans have been crying out for some sort of fan ownership model for years.

To reach half of the rumoured asking price (£3bn), one million fans would have to pay £3k each…so it’s not an outlandish idea. The main difficulty is in how these fans would be selected.
 
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owlo

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No-one is slagging them off for knowing nothing, they are slagging them off for tweeting absolute nonsense all day yesterday.
These people get paid for this.
If your professor tells you that the moon is made of cheese and you go there and it turns out its made of rock then surely you'll start wondering if your professor is an idiot. We're not talking about a mistake in the small print here. Either INEOS and Jassim had placed a bid or they had not. Its a binary thing.
Sports journos aren't experts though, unless Christo Grozev or somebody became one when I wasn't watching. They just rely on a general low level source who feeds info based on the brief of the day. So it's perfectly reasonable to expect their source to think the bids went through if that was the intention, without knowing about a hitch until later. It's not uncommon to brief generalities to low level staff, and let them catch up later if something unexpected happens and situations are fluid. It could be anything, from discovering there's a big fish bidding to a technicality. And there was obviously an intention to place the bid. You're being too hard on them.

At least the sports journos aren't claiming to know the composition of the other bidders or that it's just hedge fund/glazers etc, or how SJR will finance the club, or a million other claims people are making here.
 

MF1138

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Sports journos aren't experts though, unless Christo Grozev or somebody became one when I wasn't watching. They just rely on a general low level source who feeds info based on the brief of the day. So it's perfectly reasonable to expect their source to think the bids went through if that was the intention, without knowing about a hitch until later. It's not uncommon to brief generalities to low level staff, and let them catch up later if something unexpected happens and situations are fluid. It could be anything, from discovering there's a big fish bidding to a technicality. And there was obviously an intention to place the bid. You're being too hard on them.

At least the sports journos aren't claiming to know the composition of the other bidders or that it's just hedge fund/glazers etc, or how SJR will finance the club, or a million other claims people are making here.
None of us get paid to make up shit, to be fair;)
 

devilish

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It has its merits (except in respect of the decision making part). Many fans have been crying out for some sort of fan ownership model for years.

The difficulty is in how the fans would be selected.
How would it work though? We can barely agree on anything in redcafe let alone if everyone is involved in decision making. Also, what is stopping Liverpool fans from buying into and troll the decision making?
 

SAFMUTD

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Apart from fan riots, pissing off Billionaires, and losing credibility throughout the business world, it could very well get them in legal trouble with the SEC.

That's pure market manipulation if this was all a show to raise the stock price. Especially after the average price in 2022 was at a 10 year low.
Exactly, I don't know exactly the SEC regulations but surely driving a public sell with multiple bidders in order to increase the price can't be legal.
 

Telsim

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Jimmy probably needs time to evaluate the financial circumstances around the accident at his plant before committing to a 5bn purchase. Meanwhile, Mr. Jassim most definitely has the inside track and he is waiting to hear what his bid is before submitting his own.

That, or this is the usual communication breakdown before an imminent failure of a deal, which will see the Glazers remain in charge for the foreseeable future.
 

Teja

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Fan ownership (not decision-making) is the dream, is there any realistic pathway to it?
Given Barca's struggles I don't think it's all that tbh. Ultimately you need a great management team + a good coach. Regardless of the ownership model, things will work.
 

2cents

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Dream for who? Have you watched Welcome to Wrexham, the fans bought their club in an attempt to save it and ran it into the ground.
Given Barca's struggles I don't think it's all that tbh. Ultimately you need a great management team + a good coach. Regardless of the ownership model, things will work.
Yeah I’m aware of the pitfalls. I guess I just idealize the German (or more specifically Bayern) model. Not that it would necessarily work in England.

But anyway one can dream…
 

Chief123

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Apart from fan riots, pissing off Billionaires, and losing credibility throughout the business world, it could very well get them in legal trouble with the SEC.

That's pure market manipulation if this was all a show to raise the stock price. Especially after the average price in 2022 was at a 10 year low.
This is a valid point. If there was evidence to show Glazers had alternative intentions, there could be implications with allegations of stock price manipulation. Especially from where the price was before the sale news.

Having said all that, I think they are defo selling. I don’t believe the delay in the bid is due to the Glazers.
 

Rocksy

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Yup, I think people forget how angry the protests were back in 2005 and they didn't end up making any difference in the end.
Yes, but the protests two years ago did. Was there anything like as much social media then? A couple of games called off, fans on the pitch. Mass coverage of all. The share price would absolutely tank as soon as they announced the deal was off and carry on with the protests. 2005’s a long time ago.

You have to be very simple to buy into the Glazers using this whole process to leverage a loan...
Instruct Raine, go through several rounds of bidding, host potential buyers at OT and then extend the bidding deadline just so you can say "see we are worth lending to"
Just utter click bait nonsense.
I know. I can’t see how that works at all. A couple of weeks back it was “the Glazers are going to set up a new “commercial arm”, of United which will make XXX, and that means they can borrow loads of money to set it up”
 

MTF

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Apart from fan riots, pissing off Billionaires, and losing credibility throughout the business world, it could very well get them in legal trouble with the SEC.

That's pure market manipulation if this was all a show to raise the stock price. Especially after the average price in 2022 was at a 10 year low.
Only if they sell shares on the open market at the same time. It's not illegal to start a genuine sale process and not conclude with a sale, unless the SEC can prove that's what was intended all along.
 

JagUTD

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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.
As I thought.
 

Oranges038

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People scrabbling to find out if this Finnish dude has enough money to placate them (ie bragging rights). :lol:
Never heard of him so I Googled his net worth.

This is the best I could find.

622 THOUSAND MILLIONS OF DOLLARS

Whatever that is in billions.
 

Kinsella

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At the current valuations, it would be near on impossible to have fans having a significant chunk of the club. Certainly not a controlling stake.
This particular bid mentions half of the club being owned by fans, so it would depend on the numbers (people never tire of repeating how many fans the club has) and whether it’s tiered or not.
 

stevoc

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Is it likely the Glazers stay?
I don't think so they're just cranking up the drama to squeeze every last penny they can out of United before they feck off. Wouldn't surprise me if they've tipped one of the buyers off what the other was bidding.
 

TsuWave

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People scrabbling to find out if this Finnish dude has enough money to placate them (ie bragging rights). :lol:
Guy’s doing a gofundme bid. Fan involvement is cool and all, but it doesn’t instil a lot of confidence
 

cyberman

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I’m guessing that’s why it’s set at 6b so they get the loan they want from that price.
 

stevoc

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Without any judgement on any of the particular bidders or guessing figures, what do we think the "bids" will look like from the two known possible buyers?


Total sum offered.
When they'll pay the above figure.
Date they want it done by.
What else?

Will the Glaziers genuinely give a shit about future plans for the stadium/squad/etc?
They won't give a flying fiddler's feck.
 

JagUTD

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This is a good one. How it Jim Ratcliffe a "generational recipient of success on the backs of English Slavery and colonialism" :lol:

He grew up in a council house, with a father who was a joiner and a mother who worked in an accounts office.
Ratcliffe is the very proof that anyone can make it people claim doesn't exist.
 

laughtersassassin

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So Glazers leveraging takeover amounts touted to get a better value loan/minority investment?

Bad news for the club if so
 
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