Club Sale | It’s done!

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BarstoolProphet

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The Swedish Rumble tweet seems feasible regarding the expected return. Doesn't matter what people think the Qataris will expect a return, and the land around the stadium, plus the broader opportunities in the region will be part of this for them. If they are private investors this money is absolutely not free.
Investment in United makes both from a private business sense of view, but also from a state investment POV.
 

JPRouve

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I meant all three combined (Pandora, Panama & Paradise).
Oh yeah, he is front and center of all of them. He also has known assets in pretty much all the major markets which makes the valuation strange in itself. The interesting thing about him and others is how they are at the same time big players in the offshore "game" but are also doing business with the approval of the all the states that they are hiding money from. It tells you how much these things are BS, rules don't really apply to certain people.
 

BarstoolProphet

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Oh yeah, he is front and center of all of them. He also has known assets in pretty much all the major markets which makes the valuation strange in itself. The interesting thing about him and others is how they are at the same time big players in the offshore "game" but are also doing business with the approval of the all the states that they are hiding money from. It tells you how much these things are BS, rules don't really apply to certain people.
Yeah, the whole system is corrupted and Average Joe pays the price for it. I mean the papers even revealed that main banks in countries traditionally known for having a low corruption rank had programs designed to help rich individuals/companies moving and hiding money abroad. Our friend Sir Jim was also mentioned, albeit not as heavily as HBJ, but still I doubt he changed his address to Switzerland at one point because he loves the country.
 

Revan

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Don't know what to think anymore
Guesswork and bad one at that. Top 4 will have 0 influence in this bidding. 'Hey, we are spending 5.5B pounds here, but only if the club is in UCL next season' - said no one ever.
 

Nori-

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Random thought ...... If Qatars bid is state backed, then surely they have access to state tools?

By that i mean phone calls, bidding rivals strategies, maybe even inside information at the Raine Group? In the long run who would the Raine group benefit from more, a one off large transaction for the Glazer family or the potential of a state offering them 10s of billions in future business?

The point being if Qatar didn't believe they had an almost certain chance of owning United, wouldn't they cut short the embarrassment and pull out?
 

Nytram Shakes

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The way it usually works is that the seller will provide the investment banker with an incentivised commission structure. Eg we’ll give you this much commission if you sell it for over 6bn. That’s likely what’s happened here and why Raine are hell bent on driving the price up.
Yeah I’ve always assumed that is one of the reasons this has took so long. A mixture of certain Glazers wanting to stay and Raine wanting to hit there targets
 

MackRobinson

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Any story written that throw cold water on Qatar's bid: "Pure speculation and guesswork. Doesn't know what he's talking about"
Any story written that makes Qatar's bid like to succeed: "That makes sense. Looks like their getting closer to a deal"

:lol:
 

JPRouve

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Random thought ...... If Qatars bid is state backed, then surely they have access to state tools?

By that i mean phone calls, bidding rivals strategies, maybe even inside information at the Raine Group? In the long run who would the Raine group benefit from more, a one off large transaction for the Glazer family or the potential of a state offering them 10s of billions in future business?

The point being if Qatar didn't believe they had an almost certain chance of owning United, wouldn't they cut short the embarrassment and pull out?
Why embarrassment would be in play? That part makes little sense to me and even less if we assume that it's a state bid, if it's a state bid then we are talking about an entity that definitely has the means to purchase United at a price that only few private entities could match, if they don't match the top offer it would be because they don't want to, because they believe that it's not a good investment at that price which would a sensible decision not an embarrassing one.

PS: It's not aimed at you, it's just an angle that I have seen several times and never actually make sense.
 

Godfather

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Any story written that throw cold water on Qatar's bid: "Pure speculation and guesswork. Doesn't know what he's talking about"
Any story written that makes Qatar's bid like to succeed: "That makes sense. Looks like their getting closer to a deal"

:lol:
Funny I read this thread exactly the other way round.
 

MonkeysMagic

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I think we can all safely assume that there is going to be no 'progress' on these discussions until Utd have confirmed their CL spot. The leeches are going to use it as a bargaining chip and whilst some will say 'welcome to capitalism' this delay is doing untold damage to plans for next season, the cost of which we will discover in due course. And if a couple of them hang around the place, if only to satiate their greed further, they should never be consulted in any discussions concerning the club at board level.
 

VP89

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I think we can all safely assume that there is going to be no 'progress' on these discussions until Utd have confirmed their CL spot. The leeches are going to use it as a bargaining chip and whilst some will say 'welcome to capitalism' this delay is doing untold damage to plans for next season, the cost of which we will discover in due course. And if a couple of them hang around the place, if only to satiate their greed further, they should never be consulted in any discussions concerning the club at board level.
Top 4 has no impact on the bids
 

Dan_F

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His dad is suspected to be one of the wealthiest man on earth but his net worth is hidden through shell companies and a myriad of holding companies. Now while no one knows how much he actually has, there are few clues, he is the owner of the superyacht Al Mirqab, he is a very active real estate investor and notably in London.

Here you have a quote from the FT:
Right. So no myths have actually been squashed then. Just a bunch of assumptions about his assets.

I just find it very strange that Ratcliffe is made out to be a pauper who will continue bleeding the club, whereas the Qatari’s are going to come in and spend billions on our infrastructure. The figures simply don’t suggest that without Qatari state funding.
 

JPRouve

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Right. So no myths have actually been squashed then. Just a bunch of assumptions about his assets.

I just find it very strange that Ratcliffe is made out to be a pauper who will continue bleeding the club, whereas the Qatari’s are going to come in and spend billions on our infrastructure. The figures simply don’t suggest that without Qatari state funding.
I made none of these claims, nor did I try to squash anything. I shared with you what has been reported about him in relation to his wealth. Some of you need to stop thinking that everything is about being for or against something.
 

The Irish Connection

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I think we can all safely assume that there is going to be no 'progress' on these discussions until Utd have confirmed their CL spot. The leeches are going to use it as a bargaining chip and whilst some will say 'welcome to capitalism' this delay is doing untold damage to plans for next season, the cost of which we will discover in due course. And if a couple of them hang around the place, if only to satiate their greed further, they should never be consulted in any discussions concerning the club at board level.
What’s new though. They always showed contempt for our on field progress in transfer windows so they could save a few million here and there. Always dragging things out despite the ideal scenario being getting players in early.
I hope we become a lot more competent under new ownership, but it shouldn’t be difficult.
 

lsd

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Clearly Raine have worked out what most sane people have that the Qatar bid is extremely dodgy.

People have allowed themselves to be blinded into thinking of Qatar win we will be just like City and signing Mbappe and everyone else in the summer overtaking City in no time

The reality is however we know next to nothing about where this bid is coming from and how much or how little money they actually have.

We do know INEOs and Sir Jim have easily enough money to buy us and do what's needed to get is back and challenging again
 
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Berbaclass

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Charly Raine have worked out what most sane people have that the Qatar bid is extremely dodgy.

People have allowed themselves to be blinded into thinking of Qatar win we will be just like City and signing Mbappe and everyone else in the summer overtaking City in no time

The reality is however we know next to nothing about where this big is coming from and how much of little money they actually have.

We do know INEOs and Sir Jim have easily enough money to buy us and do what's needed to get is back and challenging again
They don't care as long as they have proof of funding and will pass the owners and directors test.
 

Rood

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On the outset it does make sense to wait to see if we qualify for the CL but last years winners received £75m which while of course it's a lot of money shouldn't really delay a multi billion pound deal. My own take is the feckers are playing Russian roulette and if it wasn't for wanting them out so badly I'd wish they'd pull the trigger on a loaded chamber.
Well there would be a hit to commercial revenue if we failed to qualify for CL this year since Adidas (and probably other sponsors too) have a 2 year drop-down clause

That's on top of any potential TV and prize money loss
 

MDFC Manager

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Well there would be a hit to commercial revenue if we failed to qualify for CL this year since Adidas (and probably other sponsors too) have a 2 year drop-down clause

That's on top of any potential TV and prize money loss
Will hit recruitment too, as some players want to play in the CL right away.
 

Pexbo

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Charly Raine have worked out what most sane people have that the Qatar bid is extremely dodgy.

People have allowed themselves to be blinded into thinking of Qatar win we will be just like City and signing Mbappe and everyone else in the summer overtaking City in no time

The reality is however we know next to nothing about where this big is coming from and how much of little money they actually have.

We do know INEOs and Sir Jim have easily enough money to buy us and do what's needed to get is back and challenging again
We’ve also seen how INEOS run Nice have stagnated in a relatively non-competitive Ligue Un.

Whats going to happen at United where we are up against some of the most competitive teams on the planet?
 

BarstoolProphet

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Right. So no myths have actually been squashed then. Just a bunch of assumptions about his assets.

I just find it very strange that Ratcliffe is made out to be a pauper who will continue bleeding the club, whereas the Qatari’s are going to come in and spend billions on our infrastructure. The figures simply don’t suggest that without Qatari state funding.
Which figures? Forbes valuation? Because they are pretty open about their criterias, which doesn't really fit with any Gulf royalty (which is not a dig at Forbes). Also the reason many have fears about Sir Jim is not because of his net worth, but his history with other clubs, reports of bid structures, lack of commitment in his statements etc - which is perfectly fine to be worried about without having to automatically be labelled as pro-Qatar. The same can be said for the Qatari party of course but there's a lot of semi-reliable information that points to him and his family being wealthy enough to take on such a purchase (especially with government blessing).
 

Red in STL

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No it isn’t, it’d work in a similar way when you sell a property and have a survey done. In this instance given the lack of investment and huge debts that need attention we’d be valued considerably less than the £6b price tag the Glazers have asked for.
I hope you never try and buy a house in a desirable location, you're in for a shock!
 

greenoffpearson

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Clearly Raine have worked out what most sane people have that the Qatar bid is extremely dodgy.

People have allowed themselves to be blinded into thinking of Qatar win we will be just like City and signing Mbappe and everyone else in the summer overtaking City in no time

The reality is however we know next to nothing about where this bid is coming from and how much or how little money they actually have.

We do know INEOs and Sir Jim have easily enough money to buy us and do what's needed to get is back and challenging again
How do you know this?
Ineos are leveraging this purchase.
We know as much about SJR's bid as we know about SJ's bid, very little.
 

lsd

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We’ve also seen how INEOS run Nice have stagnated in a relatively non-competitive Ligue Un.

Whats going to happen at United where we are up against some of the most competitive teams on the planet?
Do you think City fans care how Troyes AC or Palermo FC are doing?
 

JPRouve

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Do you think City fans care how Troyes AC or Palermo FC are doing?
City have been bought before these two. The point made is that as of today, the only points of references when it comes to Ineos aren't good.
 

Revan

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Don't know what to think anymore

It's all BS. No one truly knows anything, there's an NDA in place and I'm sure if there were any leaks from Sheikh Jassim's camp it wouldn't come from El País, a Spanish newspaper. The same article reported the Glazers want to spend £500M this summer.

Here's direct quote from the article translated to English:

https://12ft.io/proxy?q=https://elpais.com/deportes/2023-05-20/el-manchester-united-quiere-reventar-el-mercado.html
'One hour of analysis' to analyze 500m of spending.

Sounds totally legit.
 

TsuWave

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isn’t United like the 3rd most expensive club on the planet to buy? Only behind Real and Barcelona? If he can’t afford to buy United and flash serious money on it fairly quickly he should just feck off.
Where does that information come from? I very much doubt Barca would be more expensive than United
 

Dan_F

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I made none of these claims, nor did I try to squash anything. I shared with you what has been reported about him in relation to his wealth. Some of you need to stop thinking that everything is about being for or against something.
I was referring to the previous post, not yours.
 

Dan_F

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Which figures? Forbes valuation? Because they are pretty open about their criterias, which doesn't really fit with any Gulf royalty (which is not a dig at Forbes). Also the reason many have fears about Sir Jim is not because of his net worth, but his history with other clubs, reports of bid structures, lack of commitment in his statements etc - which is perfectly fine to be worried about without having to automatically be labelled as pro-Qatar. The same can be said for the Qatari party of course but there's a lot of semi-reliable information that points to him and his family being wealthy enough to take on such a purchase (especially with government blessing).
Even if the Forbes valuation is undervalued, it would have to be ridiculously so to even take him to the level of Jim’s personal wealth, let alone Ineos.

It is a difficult discussion to have because it is easy to generalise, whereas everyone has their own reasonings. Personally I don’t really like any options, and definitely have reservations about Ineos’ ability to run a club, but it’s overshadowed by the state ownership question.

I can understand people being fine with Qatar and wanting that investment, it’s more the people in denial about state funding that bothers me. I was originally replying to someone who claimed that the concerns about the net wealth of his dad had been disproven, it’s just horse shit and mental gymnastics.
 
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