Club Sale | It’s done!

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dpansheth

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In any business you never assume the person on the other side is dumb or stupid. You never prepare things from that perspective
Never said dumb or stupid, just not as smart as Malcom. Btw, malcom fecked us but got himself or his estate a hell of a deal
 

BluesJr

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Fecking hell mate. :lol:

At least you admit it. Fair play.
Let’s be completely honest here, how many of the people who complained about state ownership did it from a place of point scoring and using it as an attempt to discredit the achievements as opposed to genuine moral grounds? I bet that number is far, far higher.
 

Robbie Boy

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@sglowrider thinking about it, it's funny. I'm not into any form of social media whatsoever, and I get my footie news from here.

However, back in the day, SSN was absolutely spot on and totally reputable. I spent so many hours of my youth glued to SSN and still vividly remember them breaking the Rooney to United story, and the yellow ticker announcing we signed Nani and Anderson, out of nowhere. I haven't watched it in years, as it's become a farce. No idea what went so wrong for them.
 

sglowrider

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@sglowrider thinking about it, it's funny. I'm not into any form of social media whatsoever, and I get my footie news from here.

However, back in the day, SSN was absolutely spot on and totally reputable. I spent so many hours of my youth glued to SSN and still vividly remember them breaking the Rooney to United story, and the yellow ticker announcing we signed Nani and Anderson, out of nowhere. I haven't watched it in years, as it's become a farce. No idea what went so wrong for them.
So true. I am guessing that Sky had to start competing against the shorter media cycles due to social media and broadcast/internet media.... Or so I have been hearing!
 

Robbie Boy

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So true. I am guessing that Sky had to start competing against the shorter media cycles due to social media and broadcast/internet media.... Or so I have been told!
I have fond memories of them from my youth. But now, they're like a fecking parody.
 

I Am Zlatan

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@sglowrider thinking about it, it's funny. I'm not into any form of social media whatsoever, and I get my footie news from here.

However, back in the day, SSN was absolutely spot on and totally reputable. I spent so many hours of my youth glued to SSN and still vividly remember them breaking the Rooney to United story, and the yellow ticker announcing we signed Nani and Anderson, out of nowhere. I haven't watched it in years, as it's become a farce. No idea what went so wrong for them.
Probably for their social media engagement, it seems like that’s the second most important thing to many, after breathing.
 

rabnub

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I don’t think a ‘private’ wealthy individual would buy Utd unless they were worth in excess of 100bn. Makes no sense based on likely return and the stress. Would need to be seriously wealthy enough for Utd to just be a hobby for them. That’s why I don’t understand SJR’s bid.
Hes at an age now he wants to leave a legacy. That's all their is too it
 

stevoc

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Yes. And that's the thing I can't quite wrap my head around. Or rather - I understand it, but I'm shocked to see United fans I've known for years doing it.

And...it's (actually): sportswashing. Yeah? The thing some people claim is a myth.

When I run into a season ticket holder (a man I have known for years) who now argues that:

a) "we're not like City, we're a big club - it's not the same thing"

b) "we won't cheat like City - because we don't need to"

and

c) "it isn't Qatar, it's a Qatari businessman"

...and the same man, when I say: "Come on, this is the very thing you've ridiculed City for" responds by accusing me of being "prejudiced" (he refuses to go into details when I ask him)...

...my conclusion is that it is not a myth, and that it does work.
Yeah we seen a lot of that whenever criticisms were directed at Qatar during the World Cup. I always thought if we ever got bought by Qatar, Saudi Arabia etc. that many United fans would hop onboard the sportswashing train. I just never imagined so many would get on at the first stop. :lol:
 

stevoc

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Let’s be completely honest here, how many of the people who complained about state ownership did it from a place of point scoring and using it as an attempt to discredit the achievements as opposed to genuine moral grounds? I bet that number is far, far higher.
No idea mate but I'm sure there were no doubt many. Sadly probably more than were genuine in their criticism.
 

sewey89

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I’ve been out tonight and not been able to keep up and I also can’t be arsed reading 10 pages.

Have we had any news since Jim’s bid went in?
 

Rood

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Even if it’s off by a few billion, he still wouldn’t have enough to buy United outright, promise a new stadium, massive annual transfer budgets and beyond.

As was mentioned elsewhere by MTF, having managed the sovereign wealth fund wouldn’t yield the manager many billions without massive corruption, which of course the Qataris are well familiar with given out they bribed their into getting the World Cup.
I think it's off by 10 or 20 times, probably even more. It's embarrassing for Forbes to come out with such a ridiculously low estimate, only need a brief bit of research to realise how many times more they might be worth

Without any corruption the average fund manager takes 2% of the fund value per year PLUS 20% of profit - I'll leave you to do the maths on a £200bn fund that he managed for many years

Then he takes those billions and gives them to his sons to set up a family office to invest in things like this:
https://www.oerlive.com/qatar/former-qatari-pm-cashes-in-with-333-million-london-hotel-sales/

And these
https://www.manchesterworld.uk/spor...-mansions-to-yachts-and-picasso-works-4056410

Again I'll leave you to do the maths of how the family office fund might have grown in the decade since HBJ went private

Suffice to say they can very easily afford it and that's before even mentioning several financial institutions where they are either major shareholders or sit on the board (Deutsche Bank, QIB, etc) so they will have backing from whoever they need AND obviously will have a whole raft of wealthy friends & family if they want to put together a consortium

I know you have a huge antiQatar agenda but to suggest that a family of this level of global wealth can't afford to buy our club is simply laughable
 

Raoul

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I think it's off by 10 or 20 times, probably even more. It's embarrassing for Forbes to come out with such a ridiculously low estimate, only need a brief bit of research to realise how many times more they might be worth

Without any corruption the average fund manager takes 2% of the fund value per year PLUS 20% of profit - I'll leave you to do the maths on a £200bn fund that he managed for many years

Then he takes those billions and gives them to his sons to set up a family office to invest in things like this:
https://www.oerlive.com/qatar/former-qatari-pm-cashes-in-with-333-million-london-hotel-sales/

And these
https://www.manchesterworld.uk/spor...-mansions-to-yachts-and-picasso-works-4056410

Again I'll leave you to do the maths of how the family office fund might have grown in the decade since HBJ went private

Suffice to say they can very easily afford it and that's before even mentioning several financial institutions where they are either major shareholders or sit on the board (Deutsche Bank, QIB, etc) so they will have backing from whoever they need AND obviously will have a whole raft of wealthy friends & family if they want to put together a consortium

I know you have a huge antiQatar agenda but to suggest that a family of this level of global wealth can't afford to buy our club is simply laughable
That would be £4billion. Still not enough to buy United. And that’s before we even get to the bit that it’s not him but one of his 15 kids allegedly attempt to buy United. This entire thing stinks to high heaven.
 

Rood

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That would be £4billion. Still not enough to buy United. And that’s before we even get to the bit that it’s not him but one of his 15 kids allegedly attempt to buy United. This entire thing stinks to high heaven.
I think your calculator is broken - try again.
That's 2% + 20 % PER YEAR

We are looking at £20bn and that's even conservative because he went private in 2013 and has been investing that money making it grow ever since
 

Tarrou

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I hope he doesn't have to spend the same amount for each kid, they'll own most of the PL
 

Rood

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I hope he doesn't have to spend the same amount for each kid, they'll own most of the PL
He actually mentioned 'sons' plural in the one interview he's done referencing Man United so although Sheikh Jassim is the leader, I think others are involved
 

stw2022

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Fans revolts and protests have had feck all to go with them selling and never has. The delusion is ridiculous. They're selling a their business model cannot sustain required investment on the field AND necessary stadium/structural investment.

Sorry but I know the retrospective of this will be written by those pretending they were scared off by green and gold scarfs and slogans on bedsheets but it genuinely isn't the case..

The whole campaign against them had been woeful for 15 years for fans groups to be allowed to claim victory because of a sale due to economic circumstances entirely coincidental to a few mean songs. But you know the "we forced the Glazers out" crowing will be loud. Reality is that aside from one postponement of a match linked to a wider football protest not about our specific ownership but the announcement of the Super League, the Glazers have successfully ignored everything. Fans have been let down by representatives and it'll stick the the craw to see the inevitable claims of victory from the same people who have been self-serving streaks of piss for fifteen years, achieving as much as someone who may well not have bothered.

Really the post-Glazer inquest should look at why fans groups have been so demonstrably shit whilst simultaneously thinking they're revolutionary heroes
 
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Tarrou

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Fans revolts and protests have had feck all to go with them selling and never has. The delusion is ridiculous. They're selling a their business model cannot sustain required investment on the field AND necessary stadium/structural investment.

Sorry but I know the retrospective of this will be written by those pretending they were scared off by green and gold scarfs and slogans on bedsheets but it genuinely isn't the case.
how do you know the fans protesting and helping block the super league wasn't a factor?
 

I Am Zlatan

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I have to admit, I am worried a bit that the glazers will continue on, it almost feels like a transfer saga that we all deep inside know that it’s not happening.. but then again, this past quarter for the first time as far as I can remember, they didn’t take dividends out.. Also the investment needed for the stadium, team, etc is big.
 

Raoul

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I think your calculator is broken - try again.
That's 2% + 20 % PER YEAR

We are looking at £20bn and that's even conservative because he went private in 2013 and has been investing that money making it grow ever since
You think he consistently siphoned 2% a year for 20 years and didn’t spend any of it elsewhere for two entire decades ? That’s quite remarkable glass half full speculation on your part. And once again, that has feck all to do with this son, who is the one allegedly seeking to buy United.
 

MiamiSpartan

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He's no more than a puppet in this game. To buy Utd outright without loans you'd have to be worth easy 25/30bn as nobody is sinking 100% or even 50% of their net worth into buying a football club.
I would. I mean, if I had 10 billion, I could spend 90% of that to buy the Glazers out, buy the shareholders out, clear the debt, and upgrade OT/Carrington.......and with that other 10%, I'd still have more money than I would ever need to live a life of almost unimaginable luxury.
 
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