Club Sale | It’s done!

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AlPistacho

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Why?



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.
Yeah his just bidding for shiitz and giggles. No proof of funds have been shown, the glazers are taking him seriously and if they accept he’ll reply “lool, was joking” I
 

Stobzilla

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That’s actually awful and the clearest red flag but strangely something many are willing to ignore or try and make excuses for.
Not looking to make excuses, but what exactly is Emmanuel Petit's role in the Nice football organisation that makes him qualified to make an assesment on its inner workings?
 

croadyman

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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.
What makes you so sure that Jassim will come back with a repackaged World record bid when everything pointed to this literally being a take it or leave it one
 

Sir Erik ten Hag

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Is anyone surprised there are not more parties interested? I think the Glazers must have thought there’d be at least 4 or so buyers. I also thought there’d be much more… at the initial stage then many dropping out with 3-4 remaining near the end.

Surprised there’s no consortiums. Thought there’d also be one multi billionaire from the USA or SE Asia
Due to the Glazers mismanaging us for YEARS, we are no longer such an attractive name to buy. Everyone expected this, but not the Glazers.
 

Pexbo

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What makes you so sure that Jassim will come back with a repackaged World record bid when everything pointed to this literally being a take it or leave it one
I’m not sure if it being his second take it or leave it offer makes it more or less likely that there will be another.
 

devilish

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And before someone says is, yes, you absolute can extrapolate. And no, Ratcliffe's case of localladism won't make him a more competent football club owner.
its almost as if they have some cyclist man doing audits there to see what's right and what's wrong there. Oh wait...

Maybe SJR would hire Mike Tyson to unearth what's wrong with United.
 

Pexbo

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Its a bit of a stretch to call a sports witness interview a damning report but in any case, its all irrelevant to the Glazers.
It’s not really irrelevant if they are leaving £2.4bn on the table and in the hands of him.

Easy for fans to say they trust Ratcliffe to run the club but if you had £1.2bn on the table would you put that on the line and trust entirely the man who had shown no hint of football ownership talent?
 

Kinsella

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That’s actually awful and the clearest red flag but strangely something many are willing to ignore or try and make excuses for.
It’s hardly strange. For starters the Ineos bid doesn’t involve a state, which for many is the biggest red flag of all.
 

davidmichael

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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.
Thank you for properly breaking it down into something that resembles sense, so it basically all comes down to whether all the parasites leave now with a massive lump each or the two main parasites stay on in hope they’ll get more in 3-4 years.
 

mu4c_20le

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It’s not really irrelevant if they are leaving £2.4bn on the table and in the hands of him.

Easy for fans to say they trust Ratcliffe to run the club but if you had £1.2bn on the table would you put that on the line and trust entirely the man who had shown no hint of football ownership talent?
I'd be worried if he pulled a fecking Woodward and tried to do things on his own. I'm expecting he wouldn't do that with a 5bn enterprise though. Good owners make the right decisions, not run things on their own like a spoiled child. I still see his Nice experiment as a cheap way to learn the ropes.
 

Pexbo

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I'd be worried if he pulled a fecking Woodward and tried to do things on his own. I'm expecting he wouldn't do that with a 5bn enterprise though. Good owners make the right decisions, not run things on their own like a spoiled child. I still see his Nice experiment as a cheap way to learn the ropes.
Would you say those ropes are learnt?
 

LawCharltonBest

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The next round of bidding!!!
We've had the final bids, now we're on the "11th hour bids" with Ineos still to submit theirs, then it'll be the "Fergie time" bids before we move on to the "last call" bids, I'm then personally really looking forward to the "last chance saloon bids", but the "ok now these really are the last bids" bids stage will suck, but at least we'll be half way through the bidding rounds by then!
 

AlPistacho

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Not looking to make excuses, but what exactly is Emmanuel Petit's role in the Nice football organisation that makes him qualified to make an assesment on its inner workings?
What’s the role of anyone who’s made an assessment of United’s inner workings?

From Petit side I’d guess he’s speaking from observation and also people at the club based on the article but it’s probably been translated
 

redNATION

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Has this been done yet? I was think with a few friends we’d buy a billboard near OT and put Welcome to Manchester with Jassims face on it. .. Will show the red side of the city is truly back in business.
 

AlPistacho

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Not necessarily, but experience can only be a good thing.
So if the Glazers buy Spurs, Spurs fans have nothing to fear?

Also what about the Swiss team INEOS own that is regularly relegated? What’s the excuse there?
 
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lsd

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This is pretty much like most of our transfer sagas.

Will drag on for a year only for everything to fall apart and everything stays as it was
 

Ralph1386

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If you hadn't believed it before, this fiasco surely confirms the Glazers are no good for United. Having them continue to own the club in any capacity is the worst outcome possible.
This process is a carbon copy of their transfer dealings. An absolute circus.
 

Mr Pigeon

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Fast becoming even more of a bigger circus than it already is the longer this just keeps dragging and dragging on with no expected conclusion on what the Glazers want to do.
This part could annoyingly apply to everything the club has done for nearly twenty years now.
 

mu4c_20le

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So if the Glazers buy Spurs, Spurs fans have nothing to fear?

Also what about the Swiss team INEOS own that is regularly relegated? What’s the excuse there?
I have no idea where you're going with the first part, but Lausanne have always been an up and down club, so no change there

Have faith! Nice is just a practice run, the United gig will be run much much better :wenger:
Nice is now worth more than 3x what he paid for, so pretty decent run yeah
 
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