Honour.
Club Sale | It’s done!
- Thread starter JB08
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Jim came into nice and they've done worse since. Whatever about covid, every club in France dealt with that. He's shown nothing to indicate he's a smart owner or willing to provide funds
Oh that.
Yeah stop bidding and walk if you have absolutely no intention of matching your rivals bid
"But SJ has promised to clear debt and SJR hasn't" boo fecking hoo.
SJ has been stupid with his pledges because it shows he has more to offer, the Glazers couldn't give two fecks about investment and debt clearing so tooting that horn is telling them you aren't offering what you can
SJR will address all of that upon getting the keys to the castle, which is a much smarter way of doing things.
SJ has been stupid with his pledges because it shows he has more to offer, the Glazers couldn't give two fecks about investment and debt clearing so tooting that horn is telling them you aren't offering what you can
SJR will address all of that upon getting the keys to the castle, which is a much smarter way of doing things.
Yeah that's exactly what they need to do now
Can we pitch in and make up the difference?
He's done roughly similar to what they were before. Because it takes time to have a real impact as an owner.
Or do you attribute our late 2000's success to the Glazers? After all we did win 5 league titles in their first 8 years and won a CL 3 years in.
The bold bit is a good point to be fair.
No he won'tAll I can do is speculate. Only they know for certain.
My take is they feel their offer is more than fair already. Based on what other clubs were sold for, this does not appear to be an unreasonable view. The club needs major investment on top of whatever is paid to acquire ownership. It is only sensible to minimize the amount paid to the shareholders. The Qatari group may be wealthy but that does not mean they just have endless money to sink into this project.
Also, the comment from Keegan that I alluded to suggests there is still flexibility to go higher. The Qataris seem to be hoping the number they gave is good enough to at least get the Glazers to the table and potentially go exclusive. Again, it is just sensible negotiating to start at a lower point, but still one that is good enough to get the conversation started.
I attribute our success to ferguson, had they come in and we'd done worse I'd probably attribute our failures to them.
Your whole argument seems to be based on even though Jim has made his team worse since the takeover if he gets another 5 years maybe he'll do better, so he's definitely going to do well at united?
Exactly this
So in other words they are saying give us exclusivity and we are willing to negotiate in order to meet your asking price
You have no idea if Ratcliffe is or isn’t “offering” to invest in the club. Just because he hasn’t used it in PR, unlike Jassim, doesn’t mean INEOS won’t put money into the club. We simply don’t know. If INEOS take us over and there’s no sign of investment or progress, I’ll cede that point.
and either way there's been so much misinformation in the media surrounding the Jassim bid I straight up don’t trust it. I’m struggling to understand how this fella has 5b to buy the club and another 1.5b to put straight into the club out of pocket. It just smells to me. If it’s state backed, then that’s just more misinformation.
It does suggest that
Yes becuase reportedly the deal will include options on the shares the Glazers will be left with at a premium price that SJR will have to pay. So overall it comes down to greed.
I love the idea that any new owner is going to be any worse than the current ones.
That's what us Jassim backers want to know
Its funny when it comes to the INEOS bid, you say things like "We simply dont know" but the misinformation in the media about SJ smells because media says he is putting x amount. Its either you know or dont... in this case no one knows.
SJ may have a better read on the Glazers than we think.
Suspect the second SJ taps into that extra Billion for purchase price the parasites will want/demand the whole thing.
You are delusional if you think that someone with 51% of shares makes ALL decisions. Glazers will not run a club but as bigger shareholders they will be asked about some things.
I really don’t know why the media/Qatari PR keep harping on about the fact they’ll be putting £1bn of investment into the club.
Glazers couldn’t care less how much gets pumped in afterwards. If anything, Glazers will be wanting that cash. It seems a bit foolish to keep pushing that news out if it is coming from Qatari side. You’d want to keep that quiet because getting fans on your side has no bearing on the weight of the bid.
Glazers couldn’t care less how much gets pumped in afterwards. If anything, Glazers will be wanting that cash. It seems a bit foolish to keep pushing that news out if it is coming from Qatari side. You’d want to keep that quiet because getting fans on your side has no bearing on the weight of the bid.
That's literally why they own 51% of something.
They won't have a say in matters for as long as they are a minority. That's the whole point of the extra 1%.
As I said above. Maybe it’s Qatar’s way of inviting the Glazers to make a counter offer dipping into that $1bn so they can finally agree a deal.
If the Qataris keep going up and the Glazers never accept or make a counter offer then you can understand why the Qataris are would say enough is enough.
There is no risk with the Qatar offer. Buy the club, get the money.
With Ratcliffe they are trusting that their capital is safe and they will be able to cash out - tax free - when Ratcliffe says they will.
I don't know how he's going to do at United. Nobody has a clue how anybody will do. I don't want Qatar for a multitude of reasons, of course the ethical reasons but also the business ineptitude reasons.
My point is - it takes a long time for an owner to have a true impact. Unless they are being a sugar daddy (which I disagree with from a sporting competitiveness/equality POV), then it's going to take time to make their mark. They aren't coaching the team, they aren't playing the games. They aren't scouting players. They aren't/shouldn't be identifying signings. They have to make the right structure and hire the right people to be in charge of these structures, and then allocate the appropriate amount of money to support team needs, meeting targets that they set, while not putting the club at risk. That's what a good owner needs to do. That's takes years to judge. You can see if somebody is being a sugar daddy/don't care about losses right away or if they're being incredibly dumb right away (Glazers), most others are a big grey area until a significant amount of time passes.
I'm against State ownership full stop. It shouldn't be allowed. The fact that they're those type of states just makes the whole thing worse.
I fail to see the connection
But there straight up has been misinformation from Jassim. Bids being reported with the “pledge” added on, oh wait actually that isn’t part of the bid it’s separate.
INEOS bid doesn’t have much public information, as I’ve said. There’s a difference between no information and misinformation.
Yeah was curious about your take, because raising their bid incrementally and trying so hard to acquire the club with the least amount of money while failing to read the room is just baffling to me, coming from a supposed money cheat that so many have been openly looking forward to.
Probably cant afford to mate. This isnt a state backed bid. Seems a bit wish wash from Jassim tbh looking in from the outside, why not make this bid at round 3 when the deadline was apparently set.
To me it reads as though Ratcliffe has been elected preferred bidder, is in final negotiations with Raine to tie up loose ends and Qatar have hurrily slapped a last ditch bid in to see if it'll throw a spanner in the works. SJR actually did the exact same thing with us, really really late bid when it was becoming clear Boehly/Clearlake were winning
At least with SJR there's a chance of a new stadium, squad investment and training ground upgrades. Qatar have pledged £800m which won't even cover half the stadium. Let's just hope SJR has a plan to address that, because it's looking like the only way that happens any time soon.
Newcastle's owners have taken them from relegation to top 4 in 18 months
Because that’s not how you negotiate? Glazers would have said no and they’d be making an even bigger offer now.
The 800 million doesn’t include the stadium obviously
You are literally being obtuse for the sake of it aren't you?
S.u.g.a.r. d.a.d.d.y. o.w.n.e.r.s. Do you understand what that is?
Got some INEOS handwash earlier in my shopping
Every little helps
Every little helps
Yep. If I was selling my house and Person A offered me less than Person B but told me they were going to build an extension, move in Scarlett Johansson and add a bidet, I’d still sell to Person B
He's acted like an amateur and showing he didn't know how to deal with these sort of business deals of this magnitude. Sealed bids is there for a reason and he's shown no respect for anybody or the process.
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