Eventually something is going to happen and some posters will think they got it right. When in fact nobody really has a clue. If you say all of the possibilities one will have to be right eventually.
Please don't in here. Maybe a bit of peaceful effigy burning outside OT?I will advocate violence if Glazers stay.
Maybe most of his M&A activities are with private entities and not publically listed ones like United?The fact that he wasn’t aware of these complications with his experience in M&A certainly doesn’t reflect well on him or his people. To come this far into the process and realise their bid isn’t viable.
Ahh fair enough. Agree with you in that case.Thought SJ was for sir jim?
Just as long as it's not you doing it eh?I will advocate violence if Glazers stay.
A bit amateur though. It seems his due diligence wasn’t as good as the QatarisMaybe most of his M&A activities are with private entities and not publically listed ones like United?
They do a Phil Jones and hang around for years.. oh wait...So what happens if they don't sell ?
I wish Malcolm had pulled out.If it's true that Sir Jim's bid is dead then he should just declare this publicly and pull out.
Was it someone in this thread that pointed out the press release the Glazers made about strategic opportunities including possible sale last year?The fact that he wasn’t aware of these complications with his experience in M&A certainly doesn’t reflect well on him or his people. To come this far into the process and realise their bid isn’t viable.
YesWhat's with the title update?
"more and less" confident of winning? Which is it?
Starting to seem like they aren't interested in selling the club any longer and are looking to wriggle their way out of the situation without any repercussions. Probably hoping both bidders pull out.
Qatar should make life hell for the Glazers but I don't think they'll back out nowStarting to seem like they aren't interested in selling the club any longer and are looking to wriggle their way out of the situation without any repercussions. Probably hoping both bidders pull out.
I wish Malcolm had pulled out.
Na, seems like fans who wanted Jim in are now trying to (for some reason) will this into realityStarting to seem like they aren't interested in selling the club any longer and are looking to wriggle their way out of the situation without any repercussions. Probably hoping both bidders pull out.
I wish Malcolm had pulled out.
I assume that it's a reference to the constant contradictory stories that are coming out?What's with the title update?
"more and less" confident of winning? Which is it?
Its a shame that Carl Ichan isn't one of those who bought United shares or this sham would have been cleared up a long time ago.A bit amateur though. It seems his due diligence wasn’t as good as the Qataris
You would have thought. But it was only two weeks ago, his mouthpiece, The Times was reporting that he was feeling confident.... 7 months into the process.Surely Jim must've known his bid was never possible?
AgreedThe idea the Qataris have had anything other than the best M&A talent money can buy from the very start was laughable
I’m obviously not a financial expert by any stretch and don’t want to pretend I am so all my posts here are obviously my own opinion or an attempt at applying some logic based on the information we have - just want to caveat that because I also hate it when people talk with authority on subjects they’re not experts in.Maybe this is a stupid question but is there now a chance they aren’t allowed to choose minority investment over a sale? it’s a bit I’ve watched too much Succession but are they allowed to tuned down the best deal after the process has started?
I mean you've just got to look at who attended the meeting at Old Trafford on SJ's behalf.The idea the Qataris have had anything other than the best M&A talent money can buy from the very start was laughable
Indeed. Minority investment that keeps the Glazers at the club and, crucially, in control, is surely not what anyone wants at this stage. If the threats of legal action from the Class A institutional holders is real, then it spells the end of Avram and Joel at United unless they can make a deal with Carlyle or similar that the other siblings find palatable. It is a bit concerning that the minority investment option now seems to be gaining traction, but I also think it is a bit fanciful, given what is already on the table from Qatar.Bad news if true. Glazers/Raine need to give Qatar some competition to get the price as high as possible.
Therefore the minority bollocks is going to come roaring back for the next few months. I'd take Ineos any day over that shit
TBF the whole structure of the business end of the club is incredibly messy with a New York minority listing, A & B shares, Cayman Islands jurisdiction etcOne of the first things parties would consider in a genuinely-contested M&A when assessing a suite of potential options is the effect on shareholders. The idea this has suddenly sprung up is daft.
Exactly. Yet there were folk on here in the pro Brexit Jimmy camp who were trying to suggest the Qatari’s were handling this like amateurs.I mean you've just got to look at who attended the meeting at Old Trafford on SJ's behalf.
Shahzad Shahbaz - 25 years at Bank of America and a Qatari Investment Advisor
Yasir Shah - Managing Director of Bank of America
Fady Bakhos - Legal, corporate & investment advisor to Sheikh Jassim
Sam Powers - Global Head of Technology, Media & Telecoms at Bank of America Merrill Lynch
Multiple lawyers.
They knew exactly what they were doing.
It wasn’t really highlighted by Bloomberg though. It was just a line saying they could choose minority investment at the last minute.Indeed. Minority investment that keeps the Glazers at the club and, crucially, in control, is surely not what anyone wants at this stage. If the threats of legal action from the Class A institutional holders is real, then it spells the end of Avram and Joel at United unless they can make a deal with Carlyle or similar that the other siblings find palatable. It is a bit concerning that the minority investment option now seems to be gaining traction, but I also think it is a bit fanciful, given what is already on the table from Qatar.
Fair points.The fact that he wasn’t aware of these complications with his experience in M&A certainly doesn’t reflect well on him or his people. To come this far into the process and realise their bid isn’t viable.
Of course he would have been aware. Let's not take everything these journalists say as gospel.Surely Jim must've known his bid was never possible?
Apart from SJR put and call offer ?It wasn’t really highlighted by Bloomberg though. It was just a line saying they could choose minority investment at the last minute.
Technically they could. Technically all options are on the table
I'd happily give Avram a wedgie, the fecking pervert.Just as long as it's not you doing it eh?