Club Sale | It’s done!

Status
Not open for further replies.

hobbers

Full Member
Joined
Jun 24, 2013
Messages
30,077
Worth remembering that even Ratcliffe's 50% bid is going to be paid in instalments. Whereas SJ is offering the full payment now.
 

Ali Dia

Full Member
Joined
May 10, 2013
Messages
14,538
Location
Souness's Super Sub/George Weahs Talented Cousin
The transfer window is going to be a trainwreck now I reckon. Fair chance our rivals all strengthen and pull away from us.
I would assume seeing as we have hired specialists we are already negotiating and scouting with both scenarios (rich and poor) in mind. Players will want to come. It should just be a matter of releasing the cash on the main priority area of the team and working backwards once the matter is settled. I’d imagine striker is #1. If we are rich we can pretty much fix the squad in one summer into one that should most likely be able to challenge. Hopefully anyway.
 

Pexbo

Winner of the 'I'm not reading that' medal.
Joined
Jun 2, 2009
Messages
69,062
Location
Brizzle
Supports
Big Days
But we just don't know what will happen. Look at Chelsea vs Newcastle this season after they were bought out. If you didn't know better you'd assume Newcastle were privately owned and Chelsea the sports-washing project.
Apologies I shall refrain from providing my personal predictions in future.
 

horsechoker

The Caf's Ezza.
Joined
Apr 16, 2015
Messages
53,674
Location
The stable
It's purely a numbers game now with this saga reaching a hectic conclusion. Will there be a long period of silence or will we get an unexpected conclusion?
 

Woziak

Full Member
Joined
May 8, 2018
Messages
3,916
I assume that the club included the upcoming transfer window spend projections in the forecasts given to the prospective buyers, so Murtough et al should be able to push ahead with their targets relatively unimpeded by the takeover talk. The situation is not ideal, but I hope that the takeover won't adversely impact the summer plans.

If the club pay down the £200m credit facility as mentioned in the last quarter financial reports, then United will effectively be using the credit card for summer purchases.
Exactly this is what will happen, Murtough and ETH will just assume that the club is being sold and both parties are probably looking at budgets of £200-250m with obvious players being sold. Five players released already including Jones and Tuanzebe which probably takes £160k off the wage bill already. Add the De Gea contract finishing and a new one being signed soon, you probably save another £175k per week. They will start on the obvious players being sold like E Bailly, A Teles and H Maguire. I think letting two CBs go and selling 2 more means it’s safe for them to pursue KMJ transfer, and probably a free Transfer like A Rabiot, I doubt any major transfers bar these two will be done before end of July early August at best.
 

pocco

loco
Joined
Mar 17, 2010
Messages
23,065
Location
Keep a clean shit tomorrow, United is my final bus
As I said we don't know anything. We are feeding off reports. He may increase his offer by'£100-200m' but the Qataris are still in a position to offer a lot more if they want. The 'thought process' is simple negotiation by the Glazers. There's nothing complicated about it.
I was referring to your thought process behind saying that SJR has no room to manouvre. Which is clearly based on nothing but what seems to be guesswork.
 

BD

technologically challenged barbie doll
Joined
Sep 1, 2011
Messages
23,930
There are still people maintaining that this is not a state backed Qatari bid? Wow, how has it been 1300 pages of discussion, yet this basic point is still ongoing.
 

glasgow 21

New Member
Newbie
Joined
Apr 27, 2022
Messages
1,259
erm No.

Chelsea looks bad because the owner decided to go buybplayers himself. I hope our new owners have plans in place in case they win the biddingz plans that include the transfer budget, and who will oversee that budget.
This present time its irrelevant, the budget will be the same whether or not the club is sold, burnt down, or placed as a Omaze prize. If someone can tell me different fair go, but thats what i see without being a mathematician.
 

sparx99

Full Member
Joined
May 22, 2016
Messages
4,087
Only the glazers can make the process of selling the club, with ready buyers, this slow and boring. Just feck off. We have an epic summer window to look forward to damn it!
I don't know about that. The Chelsea sale was done quickly because of the sanctions but if we go back and look at the prolonged nature of other takeovers its been fairly normal.
 

croadyman

Full Member
Joined
Mar 9, 2018
Messages
35,656
That plan to be rid of the debt is the sole reason why I'm for Qatar. Ratcliffe sounds like Glazers with extra steps.
Yeah so am I but no chance Jassim gets the club unless he is willing to pay £6bn (Ratcliffe's overall bid). I find it utterly ridiculous they would rather stay on and wait 2-4 years for that than accept around £5.5bn now
 

bstb3

Full Member
Joined
Apr 29, 2023
Messages
538
You know how we constantly end up over paying on transfers because they take too long, mess around and then get taken to the cleaners? I think the Glazer boys have learned from this and are now trying to do it themselves. Can't wait to see the back of them, I really can't. Really hope, whenever the sale does go through, there is a 'you love to see it' style tweet from the club.
 

Brophs

The One and Only
Joined
Nov 28, 2006
Messages
50,713
In all of this clamour for there to be a swift conclusion to the process, has anyone thought of the shills in this thread? What are they going to do for money once the club has been taken over? It's not like their nans can afford to keep the separate broadband line in the basement for ever.
 

Rolaholic

Full Member
Joined
Aug 1, 2016
Messages
11,388

“Since INEOS arrived in Nice, I don’t know who makes the decisions,” he said.

“I don’t know where they want to go. I don’t know what they want to do with this club, especially since with Manchester United behind us we don’t know if they’re going to pull out overnight.

That’s what puzzles me, actually. A group like INEOS, which manages 17,000 people around the world and has a turnover of 80bn, is not even capable of managing a club like Nice at the moment and having a clear and defined strategy.

“When you take the best sporting director, Ghisolfi at Lens, who made miracles on the transfer market with three francs and six pennies.

“You see today that he is in total disagreement with what we are trying to impose on him concerning the extension of certain players like Ramsey.

“Who is making the decisions? Mr. Ratcliffe, Mr. Blanc, Mr. Rivère, whose silence has been deafening for the past few weeks regarding the affairs. He told us in February: You’ll see, we’ll give you the name of the future coach in February.

“It’s the end of May and we still don’t know what’s going to happen at Nice with the market coming up quickly. The direction that INEOS and OGC Nice want to take, I have no idea!”
 

mu4c_20le

Full Member
Joined
Jul 7, 2013
Messages
45,035
Where’s the certainty? I’m predicting what I think an Oil state would do vs what I think a conservative billionaire will do, taking into account the context of each ownership based on what is public about their bids.

What I have suggested Qatar do isn’t my dream scenario by any stretch, I’d actually prefer that we stick with Murtough/Fletcher/ten Hag and purchase sensibly and maintain a bit of consistency with the squad. I’d also rather we don’t go down the City route of inflated sponsors and doping but that’s what I expect from Qatar - we’re going to be a big shiny toy that has to be the biggest and shiniest in the world.
You were close. Most likely they would get rid of deadwood and sign whoever they like, which would turn us into a team of mercenaries full of players here for the paycheque and would probably drop their heads when things aren't going well. They'll keep throwing money at the problems and as I've said before, won't hesitate to sack ETH as soon as he fecks up as he isn't their man.
 

sullydnl

Ross Kemp's caf ID
Joined
Sep 13, 2012
Messages
34,063
There are still people maintaining that this is not a state backed Qatari bid? Wow, how has it been 1300 pages of discussion, yet this basic point is still ongoing.
If they win out it will continue. After all, according to City they aren't state owned either.

 
Last edited:

AlPistacho

New Member
Joined
Aug 31, 2022
Messages
1,782

Tbf I don’t know what to make of this. Easy to hate it if you’re against his bid, which I am. But realistically it’s probably right. If we want green energy, or even less dependence on foreign energy, then you have to make it easier for British companies that are utilising British energy sources.

If talking about the executives etc then the same also applies. An executive at a British energy company needs an incentive to not feck off to the ME or any other region that offers pay/lifestyle advantages etc.
 

Woziak

Full Member
Joined
May 8, 2018
Messages
3,916
In addition to Ratcliffe’s offer to buy the Glazers’ 69 per cent shareholding, the billionaire founder of the petrochemicals giant Ineos also made a proposal to take a 50.1 per cent share for around $3bn that would allow the Glazers to retain a minority stake for three years before being automatically forced out.

https://www.telegraph.co.uk/football/2023/05/16/manchester-united-takeover-qatar-sheikh-jassim-bid/
Finally we have some semblance of confirmation on currency, if SJR has bid as the Telegraph reports of $3bn which is £2.4 billion pounds with the other two Glazers potentially holding on to their £1.2bn with an agreement that their shares could potentially in 4 years be worth up to £1.8bn after major changes Made to Man united under SJR, theand only then would that offer be valued for £6 billion as £4.2bn is 69.5% of £6 billion.

This finally makes sense and is being reported inaccurately by most Uk media, SJ bid now is almost a match with £4.8bn plus £0.8bn for club investment and £535m also available to play the debt.

Debt is not part of any bid, it’s only something that would have to deal with if the new owners take the club off the NYSE which SJ intends to do, this is something SJR does not have to do but it will assist him with Fan approval and conforming to new FFP and FSP rules.

We can now assume that SJ take it or leave it final offer of £5.6bn (£4.8bn) is his one before his actual final bid which will probably be next week as rumours start to become rife that SJR is entering into an exclusivity period then SJ will offer £5.8bn plus £0.8bn plus the debt and it will be repackaged as a £7bn world record bid.

For the record the bids right now look incredibly even matched with SJR still having his nose infront but only marginally because of his desire to get in bed with Joel and Avram. The £4.8bn for 100% is twice the £2.4bn for 51% now we’ve clarified dollars and not sterling.
 

Infra-red

Full Member
Joined
May 4, 2010
Messages
13,573
Location
left wing
The transfer window is going to be a trainwreck now I reckon. Fair chance our rivals all strengthen and pull away from us.
Why?

There are still people maintaining that this is not a state backed Qatari bid? Wow, how has it been 1300 pages of discussion, yet this basic point is still ongoing.
I don't think anyone has been able to provide any evidence in any of the 1300 pages that Jassim has the net worth or financial resources to support a cash bid of this magnitude.
 

AlPistacho

New Member
Joined
Aug 31, 2022
Messages
1,782
that's called management Brexiteer's style.
That’s actually awful and the clearest red flag but strangely something many are willing to ignore or try and make excuses for.

@sglowrider posted a great article about how Ratcliff INEOS football & cycling ventures are mostly flops.
 
Status
Not open for further replies.