No it’s 6.9m shares from the 50m left of the value soared to $24-25 then SJ and 92 Foundation under Cayman law and the NYSE has to make a fair market offer assume it’s 10-15% more the $25 are offered for complete buy out at let’s say $28 would be an additional $193million
Club Sale | It’s done!
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If he’s offered as rumoured $33 for class B shares, I think the premium on class A are probably $27-28 but let’s be clear here, before the takeover these sane share were $14 so a huge windfall for the hedge funds too and they will influence the Glazers.
Class B shares become class A when bought so hedge funds will argue the value should be the same
Seem to be quite a few smaller Twitter accounts all stating Qatar have won in the last 30 mins or so. Not sure what it’s based off and if they are all basing it off the same ITK claimant. Maybe know more in the morning.
It looks like just the opposite to me. I guess we will see in the next week or so.
Let's just hope we get a conclusion this week and we can engage Muppet mode on the transfers instead of financial bs.
You mean SJR has won? I’m not seeing any noise saying that. Let’s see what tomorrow brings.
Is this from Twitter? The same guy that is claiming this is also sticking the boot in on ETHIt's another of these "ITK" accounts.
It's coming from the bullshitter I mentioned above.
Can’t see that being the case as they were not the same when they were purchased, class b have 10 times the voting power, there is one price to take control and another to take the club off the NYSE current price today was $19.36 as soon as anything happens, eg SJ wins then the shares will go up immediately, if SJR the shares might actually go down.
There is a rule under cayman law that if a new owner wants to delist, he must offer fair value quote to remaining share holders , I wouldn’t want to be getting into a long protracted court case about share value with a Qatari sheikh when I’m probably being offered twice what I originally paid.
Based on what we know (rather than than xenophobic speculation), Jassim and Ratcliffe are both making private bids. Jassim as the head of the 92 Foundation and Ratcliffe as the head of Ineos. Both parties are going to get input from other investors, and both both will likely receive loans from banks.
I actually don't expect 92F to pump hundreds of millions into the squad. Just like with Ineos, they seem to be quite business-savvy and profit oriented. Both prospective owners will likely keep our transfer funds around about the level of the Glazers. That's no bad thing, as long there's a better strategy to it than we've seen in recent years.
For me, the difference is in what each party wants to get out of United. 92F's plans sound like they want to develop Old Trafford and make their profit on the property front, while letting the football side take care of itself. Ineos probably want to do something similar to what they've done at Nice, and run United fairly conservatively to make their money out of a modest flow of prize money and attendance income.
I favour 92F because I think they'll be better for the stadium and infrastructure. There probably won't be much difference in terms of player investment. Success will depend entirely on the appointment of backroom staff, which we have no way of predicting. Richard Arnold might already be the right man to get us there, for all we know.
The anti-Ratcliffe faction probably don't want to hear this because it'll kill their transfer boners, and the anti-Jassim faction won't like it because it means they've been a teensy bit racist all along.
I actually don't expect 92F to pump hundreds of millions into the squad. Just like with Ineos, they seem to be quite business-savvy and profit oriented. Both prospective owners will likely keep our transfer funds around about the level of the Glazers. That's no bad thing, as long there's a better strategy to it than we've seen in recent years.
For me, the difference is in what each party wants to get out of United. 92F's plans sound like they want to develop Old Trafford and make their profit on the property front, while letting the football side take care of itself. Ineos probably want to do something similar to what they've done at Nice, and run United fairly conservatively to make their money out of a modest flow of prize money and attendance income.
I favour 92F because I think they'll be better for the stadium and infrastructure. There probably won't be much difference in terms of player investment. Success will depend entirely on the appointment of backroom staff, which we have no way of predicting. Richard Arnold might already be the right man to get us there, for all we know.
The anti-Ratcliffe faction probably don't want to hear this because it'll kill their transfer boners, and the anti-Jassim faction won't like it because it means they've been a teensy bit racist all along.
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It’s probably from chancers who think they are ITK’s making a guess at best with the claim that I heard from a friend of a friend of Aunty in Kentucky ?
That looks a more real photo
What makes you think they are in driving seat
Rat couldn't even buy Chelsea yet here he is trying to buy United. Hope to god he fails.
It’s common sense that whosoever will pay 6bn fecking pounds will do everything to see the club climbing back to top again.
Both bidders would have done their homework on how much investment the squad needs. You don’t spend 6bn to play a second fiddle to City, that would just be dumb.
that doesn’t mean we will win title next year but surely that’s the objective of both bidders and rightly so.
Both bidders would have done their homework on how much investment the squad needs. You don’t spend 6bn to play a second fiddle to City, that would just be dumb.
that doesn’t mean we will win title next year but surely that’s the objective of both bidders and rightly so.
While Ratcliffe is still in the race I can't relax,just hope your confidence about them winning is not misplaced
Why Are few people so negative about SJR bid?
He is a smart guy who I am sure would be a good owner. Like I said, no one will buy for 6bn to not have intention of seeing it succeed and the only way to success is on pitch success.
All I care for is glazers to go and yes my preference would be SJ simply as I know more about his bid and his plans to take off all the debt, spend on stadium etc.
SJR bid lacks detail but doesn’t mean he won’t have a plan to do the same, but I feel a bit uncomfortable as it’s unknown but surely will back him as an owner.
wrote the same thing few days back, dollar short & a day late.
Yeah I still feel there is a chance of that Neymar stuff picking up IF Jassim got the club
Gurtej, skills are not transferable. Same goes for SJ.
I am surprised if there is anything to this shareholder lawsuit thing that it hasn't been picked up by any journos at all
Understand that but we only have two bidders.
Any new owner without skill is still far better than Glazers.
You don’t need skills to be successful, you just need to identify and hire right people to run the club.
I hope this ends this week. Tired of this and hope we can actually work on the transfers
Yeah it's time we hired the right people once again as haven't done that for years annoyingly
- firing the entire backroom staff/coaches and a number of senior players were let go under Moyes only to realize he didn't have the clout to purchase the "United' Quality players and our transfer season ended up with Feliiani as the highlight.
- getting a near senile yesterday's man LVG on the back of his dutch national team renaissance and giving him an open cheque book to buy all sorts of crazy mishmash mercenaries ripping the clubs attacking philosophy into a drab possession based shit on stick football.
- getting 100 mill cancer, Pogba, without Mourinho's consent and thus starting this commercial greater than competition values where any big name signing was instantly signed without any plan/tactic.
- extending Mourinho's contract without any trust in his performance and then immediately denying him any say in football transfers (which was the right thing considering his wastefulness).
the final nail in the coffin - extending Ole's contract based on half a seasons performance ( I was on the bandwagon too, to be fair) and somehow keeping him longer than he deserved. The list is endless.
So its not really about who the next owners are. It could be anybody from Timbuktu for all I care, as long as its not the Glazers and their stupid decision making, we will be good to go. We finally have a manager who knows what to do. Our commercial revenue is more than good enough to back him in the transfer market. At this point, Oil/Rat, makes no difference to us, as long as the current board and its incompetent shite decision makers bugger off.
Us challenging City next season is not happening. I don't think Arsenal were ever in the running for the title. They were punching way above their weight and will median out next season to a top 4 run and you can quote me on it. But Klopp's Pool pick and choose the years they decide to compete due to their financial limitations and overall squad strength. Their off-season got over, so I am expecting them to be the only challengers to City and looks like it wont be much of a challenge and Pep will walk it again.
A big day, a big week?
Twitter buzz seems to be that Qatar got it, so quietly hoping.
Yeah I am hoping that happens
Yeah just seen it. Probably a load of bollocks based on nothing though. Let's see if any journalists report anything later.Twitter buzz seems to be that Qatar got it, so quietly hoping.
Maybe the fact Qatar feel there was a significant breakthrough with that 5th bid could prove telling
Twitter buzz seems to be that Qatar got it, so quietly hoping.
To be fair, they always tend to be on Sunday's/Monday's and then a story from Athletic, Telegraph or someone and they all go into meltdown
Hopefully we buy the players ETH wants irrespective of who owns the club,
Maybe they includes Neymar, no idea.
I read some stats a few years ago showing he was the most fouled player in professional football,
I think partly a PR job to explain why he went down so easily and with so much drama.
The size of the bidder hardly matters here as this not a buyers market. Its a sellers market as United as a club is a unique item. The seller holds all the cards here hence the jerking around being done by the glazers since November.
My reaction would be the same as i want the fecking leeches out of the club. If Jassim or Ratcliff want to get in bed with them then they are not wanted here. Not by me.
They're reporting both sides are optimistic. Weird of you to cherry pick the lines from an article.
Will today be the day United announce they're a sportswashing device for an autocratic regime?
Pleased to say it looks like you were right.
The latest Ben Jacobs tweet seems to clarify!
There’s a light at the end of the tunnel!!!
This isnt news of a delay..More delays before we can start our transfer business
Offer DeGea, a new 5yr contract.
He'd be 4th richest owner in the PL behind 2 states and the Chelsea guy, above him if you count INEOS.
He could easily afford either, the Chelsea thing was strange and I don't think he ever wanted to buy.
As for "Rat" what are you, six?
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