Club Sale | It’s done!

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I keep seeing this being bandied around in this thread. Who exactly is pretending that they don't want Qatar money? Of course we want the money. We want lots of it! Because guess what, you need a shit tonne of money to run a successful football club especially in these recent era. We can't afford to keep our debt snowball, the club's maintenance bill is growing, footballers wages are increasing, and the club needs to invest heavily in transfers every season.

Did anyone actually say they prefer Jassim for his personality?

Me and many others. I'd rather the club not be owned by a state.

Many people don't base their entire relationship with MUFC based on whether we sign a global superstar every summer.
 
It's really intersting that there isn't much on bids beyond that of SR and SJR, yes i'm aware of the Zilliacus and Elliott. In comparision to Chelseas 6, glazers don't seem to have options. Or have i missed some other bids?
 
Me and many others. I'd rather the club not be owned by a state.

Many people don't base their entire relationship with MUFC based on whether we sign a global superstar every summer.
The fact you think we need oil money to buy big name players is the perfect example of how Glazers have fecked us over.
We should be able to do this under Jim as well. It’s not a good argument. We are one of the biggest clubs in the world.
 
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"Key advantage" in what sense, though? The Glazers don't give a feck about having the debt cleared, why should they?

Certain journos keep repeating points like this, and it makes no sense whatsoever: "Sheikh promises to clone Pelé and build ten new cheese rooms at OT!". As if the Glazers care what happens to the club after they've pissed off.
He has turned a huge number of fans against him due to his silence on any plans. His team will be well aware of all the negativity towards him due to bringing the glazers into the equation when he didn’t have to and also his silence on the debt and plans for facilities. SJ has been clear on his plans and will be held to account for them if he is successful. There are only two reasons the SJR camp have been silent and not put any positive press out to appease all those who have turned against his bid. He is either terrible at pr which I don’t believe for a second. The other is that he knows his plans aren’t going to appease those that want the Qataris and he knows he will be held to account for any promises he makes. It makes absolutely no sense that his team have released nothing if he gives any thought for the fans at all. A number of fans were all for Ratcliffe but he’s either misunderstood and played a stinker or he is hiding something.
 
Question regarding our existing debt. We know that if there’s a full buy out there’s a clause that means the existing finance has to be repaid immediately. If the Glazers are kept on in a minority way, I wonder if the existing debt will be allowed to remain.
 
The fact you think we need oil money to buy big name players is the perfect example of how Glazers have fecked us over.
We should be able to do this under Jim as well. It’s not a good argument. We are one of the biggest clubs in the world.

Well, fair enough.

Yes we could do this with Jim. Whether we should or not is a different question. We've signed plenty of so called stars post 2013. How many of then have been any good?

Between January 2006 and August 2006, Fergie signed a left back from Monaco, a centre back from Spartak Moscow and a midfielder from Spurs. Those three players were pivotal in our future success.

If Ten Hag/Ratcliffe made similar signings this summer, we'd have people accusing our potential new owner of having a lack of ambition.
 
"Key advantage" in what sense, though? The Glazers don't give a feck about having the debt cleared, why should they?

Certain journos keep repeating points like this, and it makes no sense whatsoever: "Sheikh promises to clone Pelé and build ten new cheese rooms at OT!". As if the Glazers care what happens to the club after they've pissed off.

I've read that the Glazers would need to pay off some of the debt (but not the bulk of it) upon sale. I've also read that all the debts are 100% United's responsibility. I've no idea which one is true

I’m slightly confused by the tone of this tweet. Is he mocking something/someone?

I think he's just a bit mental
 
Twitter's going crazy on the Qatar bid being a success.
Is there actually any reports backing this up? I can't find any
 
It's really intersting that there isn't much on bids beyond that of SR and SJR, yes i'm aware of the Zilliacus and Elliott. In comparision to Chelseas 6, glazers don't seem to have options. Or have i missed some other bids?
How many multi billionaires do you think there are in the world who want to buy a sports team?
 
Well, fair enough.

Yes we could do this with Jim. Whether we should or not is a different question. We've signed plenty of so called stars post 2013. How many of then have been any good?

Between January 2006 and August 2006, Fergie signed a left back from Monaco, a centre back from Spartak Moscow and a midfielder from Spurs. Those three players were pivotal in our future success.

If Ten Hag/Ratcliffe made similar signings this summer, we'd have people accusing our potential new owner of having a lack of ambition.
but those signings were under the Glazers and the crippling debt right?
Gone were the big signings of Rio, Rooney, Veron, Ruud etc. Sir Alex performed miracles but we don’t have Sir Alex so we need to cut our cloth accordingly.
The biggest indictment of the Glazers is that nearly all of the Sir Alex nearly / attempted to sign superstar came before their takeover. Zidane, Batistuta, Shearer (numerous times) Blanc (numerous times) Ronaldinho, Gazza etc. it’s not as if Sir Alex didn’t try, we just couldn’t get it done so it wasn’t a case of relying on great scouting and not spending big money as a policy. It turned into a necessity.
The frustrating aspect was the Glazers opening the purse strings as soon as he retired.
 
I will only get excited when a picture of Jessim holding the number 7 jersey is on the bbc
 
Twitter's going crazy on the Qatar bid being a success.
Is there actually any reports backing this up? I can't find any

The market will know before any journo. Trading should cease and there'll be an RNS released.
 
Are we sold yet?

But seriously, I wouldn't expect anything before Friday, we know Glazers take their deadlines seriously i.e. never do something before what can be done on the last day.
 
Twitter's going crazy on the Qatar bid being a success.
Is there actually any reports backing this up? I can't find any

I had a look when it started last night. One of these usual ITK accounts made a post to say it's a success, he may have even done a twitch stream. And like everything with the Qatar stans, they're doing their best to manifest this into reality by repeating the obvious bollocks enough times.

If this "ITK" did have genuine ties to Jassim (he definitely doesn't), then I hope nobody is particularly fond of ETH because the same guy has also been very critical of him.
 
Under 4 hours to go for NYSE to open :drool:
When they floated the Class A shares on the New York Stock Exchange the prospectus as referred to them selling 10% of the club.

Each share was floated for about $14.

I just can’t understand how having previously sold the shares on the basis that they represented 10% of the company, those shares would effectively become worthless unless there is a full sale of the club.

The Class A shareholders must be writing to the board to remind them of their duty.

If the Glazer family sell their stake for top dollar, and there not being a full sale, then those Class A shareholders will be left holding shares that will probably drop to one third of the value that the Glazers class B shares are selling for.

Even if there is a premium on the class B shares and the fact that buying them all gives you full control given the original share placing valued the Class A and B shares equally, it would not make sense, on face value, that they are now worth third of the class B shares.

What went wrong, Glazer misrepresentation at the outset combined with a lack of concern about the Board’s duty to all members?
 
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?
What on earth is that supposed to mean? You don't make a 4b bid on something you don't want to buy. As for the silly age comment, he is Rat in my eyes, sneaky way to buy us by offering the Glazers a chance to remain.
 
When they floated the Class A shares on the New York Stock Exchange the prospectus as referred to them selling 10% of the club.

Each share was floated for about $14.

I just can’t understand how having previously sold the shares on the basis that they represented 10% of the company, those shares would effectively become worthless unless there is a full sale of the club.

The Class A shareholders must be writing to the board to remind them of their duty.

If the Glazer family sell their stake for top dollar, and there not being a full sale, then those Class A shareholders will be left holding shares that will probably drop to one third of the value that the Glazers class B shares are selling for.

Even if there is a premium on the class B shares and the fact that buying them all gives you full control given the original share placing valued the Class A and B shares equally, it would not make sense, on face value, that they are now worth third of the class B shares.

What went wrong, Glazer misrepresentation at the outset combined with a lack of concern about the Board’s duty to all members?

Thing is, what would be the position if there was no Jassim bid? Would the Glazers be expected to not sell their shares if the buyer wasn't willing to buy 100%?
 
TBH I am just so bored of waiting I no longer care what the outcome is as long as it is soon
 
Thing is, what would be the position if there was no Jassim bid? Would the Glazers be expected to not sell their shares if the buyer wasn't willing to buy 100%?
Good point, but here there is two bidders in plain sight.

Therefore what guides you to go for one rather than the other. Yes, more money but equally at the expense of the other class of shareholders. No problem if you were just a shareholder but here they control the company. Class A shareholders are technically also being protected by the board. Does the board have a conflict of interests?
 
Thing is, what would be the position if there was no Jassim bid? Would the Glazers be expected to not sell their shares if the buyer wasn't willing to buy 100%?

Is the issue not that as a publicly traded company they have a fiduciary duty to get the best deal for all the shareholders and selling only their shares at a premium could be viewed to have breached this duty when there's an offer on the table that gives the other shareholders a premium as well?
 
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?
SJR is worth twice what Todd Boehly he’s recently been shown to be worth £28bn and second richest person in UK. If he didn’t have that wealth he would not even be in the conversation to buy united. He’s handled the United buy out completely wrong but he’s a very very wealthy man.
 
When they floated the Class A shares on the New York Stock Exchange the prospectus as referred to them selling 10% of the club.

Each share was floated for about $14.

I just can’t understand how having previously sold the shares on the basis that they represented 10% of the company, those shares would effectively become worthless unless there is a full sale of the club.

The Class A shareholders must be writing to the board to remind them of their duty.

If the Glazer family sell their stake for top dollar, and there not being a full sale, then those Class A shareholders will be left holding shares that will probably drop to one third of the value that the Glazers class B shares are selling for.

Even if there is a premium on the class B shares and the fact that buying them all gives you full control given the original share placing valued the Class A and B shares equally, it would not make sense, on face value, that they are now worth third of the class B shares.

What went wrong, Glazer misrepresentation at the outset combined with a lack of concern about the Board’s duty to all members?
Interesting! The institutional holdings is nearly $800mn at today's price. Surely they're not gonna let the money go without a fight
 
People on here seem to think Qatar has won it but I’m not seeing any new tweets posted?
I would agree it’s still 50/50 as SJR is now making 60% bids to give them more cash now and still keep some shares.
 
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