I think we'll get proper movement on this within the week. Definitely feels like it's in the endgame.
Club Sale | It’s done!
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In the latest episode of the United Hour Podcast, Nik @Rood and Imran @Annihilate Now! start with the good news by celebrating Manchester United Women's emphatic FA Cup win over Spurs at Wembley and the future of manager Marc Skinner.
Then it's the bad news and the ever worsening form of our Men with losses to Arsenal and Palace.
Finally the main debate - ETH Out now or keep him until the end of the season - if not longer. Are you Team Nik or Team Imran?
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I think you’ll find he’s rich by any fecking metric. Including his bank balance.
If this is true then was SJ lying to the fans regarding the first bid i.e. the initial 5b number included the bid as well as the promised investment?
Those are the reported figures.
That's a large chunk of their 'wealth' tied up in a business they have no say over, effectively.
I have no idea.. there were tweets just before my post saying SJRs bid was close to the 6b valuation but wasnt for the whole club.. the Glazers 69% or even 50%..
and another tweet saying the new SJ bid is close to 5b and for 100% of the club.
Those are from the legit journalists/sources and not twitter ITKs..
they might be wrong, but that is the best info we have at the moment.
Yes and I believe both are financed over time, not straight away.
I imagine he has a credit line. It’s surely not a battle of loose change, if it needs to be paid upfront his creditors will pay it upfront.
Jassim can't buy 100% at the moment. The Glazers hold 69% and if a takeover is completed, the new owner can start buying the rest of the shares, the 31% public shares floated on the NYSE. So in reality this "100% takeover" is just an empty promise worded this way to get fans on their side.
Ratcliffe's offers are reported to be flexible, whilst offering a higher valuation / share, meaning that the Glazers can choose whether they accept the 50.1% or 69% offer from Ineos, but even in the latter case they could get more money than from Qatar.
Yeah. And Qatar is a lump sum which potentially makes it more attractive
Exactly.
Yeah, interesting the fact the media are so keen going along with it. I guess it makes it sound more exciting.
So actually no news still. All that is missing now is Qatar including in their bid to re-build OT in Gold.
I feel like a bored kid in the back of the family car saying ‘Are we there yet’. I swear these improved bid amounts have barely fecking moved since the first round of bidding if the media are to be believed.
You haven’t got a clue mate. No offence.
Both Ratcliffe and Jassims bids are merely a valuation of the club as a whole. The Glazers then get their share which would be either 51% or 69% of thatvaluation.
Not absolutely definitive news but it's news alright.
Another final offer from Qatar I see
Those are some of the reported figures. The actual amounts of both bids are unknown and remain unknown and even normally reliable sources are all over the shop with the numbers they are quoting. We also do not know the structure of any of these offers outside of speculation. I could value United at 10 Billion but if I offer to pay Joel and Avram 50 quid a week until the price is met it is not the best bid. If SJR is offering slightly more but it is deferred and over a period of years then a straight cash deal right now for less could be better.
I honestly do not know who will win I just find it hilarious whn Caf posters say stuff like "it's in the bag" and "done dealio" with total authority when they have no chuffin clue what is actually going on.
Chester J. Lampwick didn't make it past the first round of bids
Or people are just always reporting the numbers wrong.
I'm not sure why you think you are refuting what he's saying here? I think both of your posts are correct.
I can't imagine anyone would have an issue buying the non-Glazer owned shares for the price per share either bidder is proposing. I know that's not what the Ratcliffe deal is proposing but if the Qatari's wanted to buy the non-Glazer shares at anywhere close to the price per share they're offering the Glazer's I cant see them struggling to get to the compulsory purchase threshold.
It would work out at 5.7 to 5.8bn I believe if it was 100% of the club.
There lies the issue for Qatar. They have put the most money down, yes, but not per share. They don't value the club as high. The fact they still aren't going above Sir Jim's bid with an 11th hour bid of their own hardly is going to knock the Glazers off their feet.
Is he / are they wasting their time?
I will say - it does seem weird SJR has offered the Glazers a chance to stay, offering 6 billion and yet the Glazers STILL wanted to wait for SJ
That's exactly what I'm saying?
But you don't realize that if the Glazers do end up selling everything, Ratcliffe can just give them a 69% offer with his current valuation as well.
Didn’t the tweets about Jassim make a new bid first start coming from random Twitter accounts that we all (logically) discredited.
SSN reporting on the increased bid now, with a BREAKING NEWS ticker
This is what I don’t understand - why would Jassim think that the Glazers care about what the other shareholders get or don’t get?
Apparently SJR isnt paying up front.
Cause given no one is gonna go out and base any important decisions on our takes, we can be prone to exaggeration? Have you ever read a transfer thread?
The Glazers don't own 100% he cannot bid for 100% of the club.
Not sure why people cannot get this
What do you mean? The share the Glazers would receive from Jassim would also be 69% of his current valuation.That's exactly what I'm saying?
But you don't realize that if the Glazers do end up selling everything, Ratcliffe can just give them a 69% offer with his current valuation as well.
Cant stand that guy.. Captain ObviousExpecting Kaveh to now jump in with inside information after being quiet for 2 weeks
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Raine are the ones who advise the Glazers & accept the bids (on behalf of the glazers of course) so whatever one presents the best deal for the club and the glazers are the ones that Raine would suggest the Glazers accept. Hence why we see reports of Jassim promising to invest in the areas around the club and clear the debt
Source? I thought SJR bids were to be financed buy Goldman Sachs.
Yes. What I'm saying is (sorry if I worded it weirdly) that Ratcliffe can also offer the same valuation as his 50.1% bid with a 69% bid if it came to that. The only reason he hasn't (or maybe he has) is that they think Joel and Avram want to stay. Now, if for some reason they were tempted by this offer from Qatar (would be something we don't know about yet, because this evening's news is nothing to be tempted by as Ratcliffe's offer is still better), then Ratcliffe can match it or better it easily.
Todays the day
they must have been encouraged to go back in again with an offer that would be accepted. Otherwise they look ridiculous and not serious.
If I was a betting man I’d put money on Qatar at this stage
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