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To the Jassim side obviously..I don't fully understand the question. Swayed to what?
To the Jassim side obviously..I don't fully understand the question. Swayed to what?
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Are you serious What is this based on , offcourse some sort of terms and legal framework needs to be negotiated before the exclusivity .You shouldn’t need to negotiate terms of an exclusivity agreement. Once the seller has selected their preferred buyer you just enter into exclusive negotiations, for an agreed period, almost by default. There’s the problem - Glazer’s still haven’t made a choice, or are undecided on how to move forward. I think the auction process has reached the end of the road with neither bidder prepared to increase their bid.
There are plenty of things to negotiate regarding the period of exclusivity, including how long the preferred bidder gets to try and finalize the sale, and the thorny question of how the Glazers can respond if Jim ups his offer by 50p during this time - the Glazers will want to be able to accept the offer, Jassim will want to prevent that. What happens if the buyer finds out something in due diligence and wants to change his offer? All of these, and probably many more, need to be defined to the satisfaction of all teams of lawyers and that is never quick as they have to justify their enormous fees.You shouldn’t need to negotiate terms of an exclusivity agreement. Once the seller has selected their preferred buyer you just enter into exclusive negotiations, for an agreed period, almost by default. There’s the problem - Glazer’s still haven’t made a choice, or are undecided on how to move forward. I think the auction process has reached the end of the road with neither bidder prepared to increase their bid.
That is not at all how it works. There's no binding agreement for exclusive negotiations.You shouldn’t need to negotiate terms of an exclusivity agreement. Once the seller has selected their preferred buyer you just enter into exclusive negotiations, for an agreed period, almost by default. There’s the problem - Glazer’s still haven’t made a choice, or are undecided on how to move forward. I think the auction process has reached the end of the road with neither bidder prepared to increase their bid.
Being "pro-Jim" is largely about the club retaining its meaning and ethos, over short-term gains. So a slow sale process leading to a potentially disappointing season is probably not going to sway people.To the Jassim side obviously..
My god he talks absolute bollocks. He’s trying to say that Ratcliffe’s offer is attractive because it has no actual terms and can be adjusted on the fly. But that’s not negotiating or tabling a new offer, it’s because it’s a magic offer where the terms don’t need to be discussed because it’s completely fluid and can be changed at any time. But remember that’s not negotiating or tabling a new offer - no, it’s the same offer but the terms change.Tweet
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Of course he's taking bollocks, he's a bloke on TwitterMy god he talks absolute bollocks. He’s trying to say that Ratcliffe’s offer is attractive because it has no actual terms and can be adjusted on the fly. But that’s not negotiating or tabling a new offer, it’s because it’s a magic offer where the terms don’t need to be discussed because it’s completely fluid and can be changed at any time. But remember that’s not negotiating or tabling a new offer - no, it’s the same offer but the terms change.
I think for most of the anti-Jassim fans it’s pretty deep rooted and they’re very staunch.To the Jassim side obviously..
It is literally reuters entire business on the line if they put things forward without corroboration.It's perfectly fine to discredit them. Them being spot on doesn't mean they haven't jumped the gun.
They aimed being first rather than actually verifying the accuracy and advancement of the news at hand. Qatar may win, they may be the preferred bidder, but Reuters have insinuated a big development when there wasn't one. We know this because 7 days have passed since.
Jim Ratcliffe has employed high levels of nepotism and cronyism in the running of his clubs.Slightly off topic, but just listening to Khaldoon Al Mubarak speak on SSN. Oh what it must be like to have someone switched on running the club. If Qatar or Jim win I really hope they bring the best in class to the club in senior positions.
I was going to say just Qatar, but wanted to seem neutral hahahaJim Ratcliffe has employed high levels of nepotism and cronyism in the running of his clubs.
It's 2037 on the Eve of Emperor Rees-Mogg's coronation ceremony at a Pizza Express in Woking. On the top floor of Glazer Plaza, formerly the site of Hotel Football, Avram picks globs of cheese from his toenail and flicks them out of the window on to the fire ants below. He watches curiously as they funnel in to a dilapidated brick and glass structure, its white metallic struts swinging back and forth occasionally throwing a tiny ant skywards.
The elevator dings as Joel rolls into the penthouse foyer, the dry skin from his back fat collected by his entourage as other servants carry his bags in. "Avi! Did we hear anything from Raine Group this morning?"
"Just another voicemail asking us to respond to Jim's bid from January 2023. I've already deleted it Iol." Avram mumbles as he opens another can of Skol and pours it over his genitals.
"Hurr hurr. Good." Joel rolls around the room, trapping two of his servants between his buttocks.
*Brrrrt brrrrrrrrrrrrt*
Avram sighs as his alarm begins to ring. 2:35pm. It's time to stand by the window and wank down on all of the hungry red ants below once again. He wishes he could do something better with his time, but it is one of his main duties as Warden of Manchester Red Bull EAPlay++ Sponsored by Lexus United.
I think the Glazers are giving INEOS time to up their bid per share. INEOS have to apply for more financing so will take longer than it would with Qatar.You shouldn’t need to negotiate terms of an exclusivity agreement. Once the seller has selected their preferred buyer you just enter into exclusive negotiations, for an agreed period, almost by default. There’s the problem - Glazer’s still haven’t made a choice, or are undecided on how to move forward. I think the auction process has reached the end of the road with neither bidder prepared to increase their bid.
Ah yes. Khaldoon Al Mubarak. The week after his side win an Treble having to defend himself from 115 counts of cheating. He's our man.Slightly off topic, but just listening to Khaldoon Al Mubarak speak on SSN. Oh what it must be like to have someone switched on running the club. If Qatar or Jim win I really hope they bring the best in class to the club in senior positions.
Right but at the same time they haven't said anything. Qatar might or might not be in exclusive talks + Ratcliff might or might not still win.It is literally reuters entire business on the line if they put things forward without corroboration.
The one thing they have, why so many financial professionals rely on them, is they are trusted to be accurate. It is utterly insane to think that a multi billion dollar business built almost entirely on data accuracy just went rogue over our club.
Being evil/dislikable and competent is a big thing. The Tories have governed the UK off this logic for most of the post WWII period.Ah yes. Khaldoon Al Mubarak. The week after his side win an Treble having to defend himself from 115 counts of cheating. He's our man.
No, the only variable is duration. Pick your preferred buyer and give them x amount of time to reach an agreement with you.Are you serious What is this based on , offcourse some sort of terms and legal framework needs to be negotiated before the exclusivity .
How…?With us selling Iqbal, I hope that will set off the domino effect in motion for this to be completed now.
that's what was standing in the way alrightWith us selling Iqbal, I hope that will set off the domino effect in motion for this to be completed now.
Yes, I want evil Tory principles in charge of my chosen form of entertainment. And I'm the child.Being evil/dislikable and competent is a big thing. The Tories have governed the UK off this logic for most of the post WWII period.
Some on here sound like children with responses like this.
This doesn't make any sense. If SJR negotiating via a "laddered Glazer exit" and it was even a thing, the absolute most success we could bring in 2-3 years would still not value the club at what the Glazers are asking for today.Tweet
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Well, your reading comprehension is certainly at kindergarten level. The point was that being a cnut doesn't make him incompetent which is what the original poster was referring to.Yes, I want evil Tory principles in charge of my chosen form of entertainment. And I'm the child.
Sorry mate that's bollocks , exclusivity with preferred buyer based on my limited knowledge generally means there is already a broad agreement on the sale price what needs to be worked out is time scale and structure of payment and further due diligence of the books as well as deciding punitive measures if one of the Party decides to back out .No, the only variable is duration. Pick your preferred buyer and give them x amount of time to reach an agreement with you.
Why can’t / won’t Jim Ratcliffe just bid to own the club outright?Tweet
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Nah, I really think if the Glazers swing it back again in Olde Jim’s favour Jassim will walk and leave them to it.It’s just a matter of time before we start hearing INEOS are back in front and then it’s over to the Qatari’s again. There’s easily weeks and weeks for this continue whilst the club continues to sleepwalk through another transfer window.
Unless one of the bidders get fed up I’m not expecting any progress soon and even then it might be more negotiating as a preferred bidder which Glazers would drag out as much as possible again.
Load of crap.Being "pro-Jim" is largely about the club retaining its meaning and ethos, over short-term gains.
It's never been more alive! Take that, Phillip parsons, from the times, or should I say, behind the times!Some people say this thread is ‘moribund’…
Well, I looked up moribund in my dictionary, and it said ‘Moribund’ - adjective meaning dying or about to die…
And I ask you, is this thread about to die!? NO!
And that proves they are wrong.
How…?
that's what was standing in the way alright
Well tbf in the pro-Jim fans’ eyes that’s exactly what it is. That’s how they see it. They’re not just just saying that for a laugh.Load of crap.
Yeah, yeah, I see what you’re saying Roy, but you’ve got to alter the quote so it makes sense in the context of the thread…It's never been more alive! Take that, Phillip parsons, from the times, or should I say, behind the times!
No it's not. A quick Google of Reuters articles shows they're not strictly reporting on things that are exactly iron clad. If you look in this article you'll see examples. And they're just another agency that relies on their sources, as they did in the exclusivity article.It is literally reuters entire business on the line if they put things forward without corroboration.
The one thing they have, why so many financial professionals rely on them, is they are trusted to be accurate. It is utterly insane to think that a multi billion dollar business built almost entirely on data accuracy just went rogue over our club.