Obviously not. But the Glazers don't own 100% shares do they? They own 69% and are asking for way over the odds of what those shares are actually worth, he is not offering only 2-3 billion for 50.1% of the Glazers 69% that would be stupid.
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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And what history has Jassim/Qatar got? If it's a private bid then they don't know the first thing about running a football club. If it is Qatar, then Malaga and PSG are hardly anything to get excited about.
There hasn't been a truer statement in this whole thread
It’s what we get for being devil worshipers.
Quick, delete the post, we will not tell.
How can it be acceptable staying in that position
He's offered around the 2.7B mark for 51% so technically that values the club at around 5.4B
Qatar are offering around 5.2B so the bids are close but Jim as the offer of keeping the Glazers on which they've ultimately always wanted so he will no doubt get the winning offer
To be fair im pro Qatar but it's frustrating me how they keep saying about this further Billion investment. Why not a 700m further investment and use the 300m to get the club.
The whole thing is a mess tbh
Yes, however its history would be forever tainted if a state like Qatar got their hands on it...and we would be no better than Newcastle, PSG, Chelsea and City just because we were already big by the time they bought us...that's just conveniently making up the rules the way it suits you because you don't want United to be one of those clubs but you'd still enjoy the blood money, interesting.
No, Ratcliffe is bidding for just over 50% of the Glazers shares which only amount to 69% in total. They do not own 100% of the shares of Manchester United, the rest of the shares are publicly traded and have no controlling stake of the club. So is Jassim is actually bidding for 100% then his valuation and therefore bid is extremely lower than Ratcliffe's is it not?
How are you so sure about that
Okay mate sure
These numbers are not correct wait until we see the press report on final figure fans are going to be astonished with how much the Glazers are actually getting?
Yes because they spent 100m in the french league to finish 2nd, and then added Motta, Ibra, Silva and Verratti to a team in the 5th best league in Europe. Is that impressive for you? Like I said - a sugar daddy taking over a club to buy their way to the top has an instant impact. Any other type of normal owner that runs clubs normally, tries to run then sustainably, will take a long time to have an impact.
3 years within the Glazers takeover, United won the CL. It had feck all to do with them. It took over 5 years to feel any negative impact from the Glazers, and it started with not having the funds to replace Ronaldo. Ineos took over Nice, a mid table club with mid table finances, during an FFP time (PSG did not have to deal with that), with a goal to be sustainable, not sugar daddies. If you can't see the difference, then I can't help you.
1500 pages and still people can’t work out the difference between bid and valuation…
Nothing. He's leveraging Ineos in debt (which we will be used to pay) to come up with all the money just to buy 51% Which is 2.5b. Anyone that thinks there is gonna be some injection for transfers with him is clueless. It's actually gonna get worse, gonna have to pay the debt Glazer's put on us and also the debt Brexit Jim used to buy us.
Technically yeah. No one knows the numbers but it’s a rough estimate which I think is fairly close.
True
People still can't spell Ratcliffe's name.
Because Ratcliffe didn't get to where he is now just to spend billions on an asset over which he wouldn't have control. It's not a 5 year old trying to buy the club so that the Glazers can bait them into offering billions for no control. The Times have also stated that he's seeking to buy enough B shares to gain control. They are probably the most reliable source of information in this takeover other than Keegan who was probably hand-picked by Qatar to be their mouthpiece.
PSG had 1 title in their history. They took full control of the French league within 2 years.
Jim after 4 years with nice is signing Ross Barkley and competing with Clermont Foot for a 10th place finish
Ratcliffe is offering 3 bill for 51% of the club putting their valuation of the club (100% of it) at just shy of 6bn. Jassim wants to pay between 5.2 and 5.6bn for 100% of the club so their valuations are somewhat similar HOWEVER the key point is that the Glazers own 69% of the club currently, so they will be taking 3bn AND keeping 18% so they can a) keep making money off of us b) cash out in future where the club could be worth much more.
Basically depends if the Glazers want to cash out quick or play the long game (wait for the Super League) and take the 3bn but stay on.
Jim is richer than abramovich was when he took over Chelsea, there's no reason for him not to invest heavily in Nice
But it's 51% of the Glazers 69% of shares, they don't own 100% of the shares of United, the rest are publicly owned and have no controlling stake in the club. If Jassim is saying he's bidding for 100% which includes the publics shares too then his valuation is considerably lower than Ratcliffe's isn't it? He's not bidding a lowly 2-3 billion for nearly all of the Glazers' controlling shares, why would they accept that?
I'm neither pro Jassim or Ratcliffe, I want whats best for the club be that either party and quite frankly i'm annoyed that it has all of us at each others throats like this, i'm angry with Jassim for promising much but underdelivering, i'm angry with Ratcliffe because of the state of his bid and INEOS in general, i'm angry with the Glazers for being greedy as all hell. I agree with you on Qatar's 1 billion investment nonsense because it sounds great but it means absolutely nothing to the Glazers whatsoever because they won't see a penny of it.
Absolute pish.
He is worth more than they can ever hope to be worth combined. He and INEOS know what they're doing.
Get in and push them out from the inside, he's not mates with them or getting into bed, he's fecking them off when he changes the locks, it's simple.
Are you serious?
Haven't they made enough money out of us when putting nothing in themselves.
If that's true then SJs offer is better for the Glazers than SJRs is.
If they value the club at the same Jassims offer is better due to inflation and all that.
This is shortsighted, as that kind of economic smartness is exactly what we have now in the Glazers.
https://www.besoccer.com/new/psg-s-wage-bill-is-almost-40-of-that-of-ligue-1-1101201
https://www.transfermarkt.com/ligue-1/fuenfjahresvergleich/wettbewerb/FR1
They've done the bare minimum compared to the competition they were/are up against.
You are misunderstanding it mate.
I’m confused as to why the Glazers would leave billions in shares in the hands of someone else going by this logic?
Right but in Jassim's bid if he means 100% of all the shares and not just 100% of the Glazers shares then a big chunk of his money won't even be going to the Glazers so essentially Ratcliffe has not massively underbid, they're roughly the same if not edged slightly in favour of one of them but the numbers and percentages make them look different.
Just 600 milion
Careful what you wish for. The Glazers are many horrible things (some of which would probably get me banned if I listed them candidly), but one thing they're not is stupid. You don't get a near £5billion+ return for an asset you invest almost nothing into by being thick, as shameless as it was.
Ratcliffe may well be the more shrewd businessman, but that doesn't necessarily mean he'll be a good fit for this club.
Not even that
What do you mean? He's been the first one to break every single piece of news regarding the Qatari bid, also wrote disgusting PR articles on them about how we'll have Bellingham and Mbappé, win numerous PL titles and build hotels, etc. around Old Trafford.
No I mean that up until now the Glazers have invited bids and either privately said their asking price of £6bn or publicly leaked it. They’ve sat on those bids and and then invited more with firstly an official offer schedule and secondly just by holding out until more offers come in.
What I’m suggesting is that they might change tact if they believe it’s Qatar’s final offer and Qatar have reached the point where they are sick of waiting and being left in limbo.
If this offer still isn’t enough and it’s genuinely the final offer and they’re planning on rejecting it and their real asking price is lower than the one they have used to negotiate then it would make sense for the Glazers to make a counter offer of their real asking price assuming it’s above what INEOS are offering. Something like £5.6bn (forgetting investment on top etc) and they shake hands - done deal.
I’m sure if the Qataris knew they could put up an additional £400m to end this charade and get the club they’d do it.
I think there’s a good chance this is the position the Glazers have been working towards. Nobody wants to show their cards to early when negotiating.
I’m talking about the times. How are they the most reliable?
His only hope is to reach a scenario where it's 60/40 in Jassim's favour, 50/50 still leaves it very much Ratcliffe in the box seat
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