Club Sale | It’s done!

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Teja

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Watching an Al Thani vs MBS documentary as we speak and I'm convinced Qatar are going to buy us.
 

pascell

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If you guys have seen the United View interview with David Hellier, one of the Bloomberg writers who broke the new of JS is confident of winning, I believe he got the source from either Raine or qatar or both since news get out of bloomberg need 2 source to confirm the validity.

1. he said the Sir jim bid has been dead in the water which we already know and he said would be suprised if he wins unless he can find a new partner with a restructure bid. If Hellier's source is from Raine, which means sir jim's bid has been heavily studied and finally deemed as invalid by the Raine.

2. Hellier said the offer from SJ is actually $5B not £5B. He don't post the number in the article because he couldn't find a second source to confirm it.

the 2 point is actually quite worrying because this figure simply imho won't be accepted the greedy Glazers. It may explain why the hold up because there is only 2 offer 1 is deemed as legally impossible and 1 is far from acceptable.
Well that's worrying, Jims bid is dead in the water and SJ has never reached the £5bn mark with 5 attempts. A bit like Weghorst shooting, gets closer each time but never hits the target.

No wonder we haven't heard anything of substance for a long while.
 

stw2022

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The issue with the Ratcliffe bid for me is the lack of logic behind the insisting he isn't going to use any of the money we generate to pay a contribution towards the interest repayments that would be owed after buying us.

That seems to be based on absolutely nothing. He will ring-fence and protect the profits of one of the companies he owns because "reasons"
 

bringbackbebe

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Why are we talking about goodbye messages for Twitter in the Glazer thread? I know they're hitting hard times with Musk & competition from Mastadon/blue sky/threads but don't think it'll be good bye yet.
 

LawCharltonBest

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One thing I can take from the Ratcliffe quotes is that we’re still absolutely nowhere near a conclusion

I’ve said for months I don’t think we’ll know anything concrete until November/December

I’d be tempted to change that to early 2024 at this point
 

Bosws87

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I'd say both sides know exactly what is going on or they know nothing. And the sale is imminent or there isn't going to be a sale. But I'm only 50% certain of that.
A well thought username.
 

strandty

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HBJ's plane is still in New York. Ratcliffe speaking out. Shares up 3% in after hours trading. It's happening :D

Or not...
 

blackhawk747

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HBJ's plane is still in New York. Ratcliffe speaking out. Shares up 3% in after hours trading. It's happening :D

Or not...
Actually the AH price action can be ignored since the volume is so low unless there is high volume spike. I suspect if the deal could be done the final price would be much higher than us fans expected.
 

strandty

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What does that mean ?
The Ratcliffe bid for the club doesn't take into account the A class Shareholders, so they won't benefit at all from a sale to SJR. They'll make a significant amount of money in a Qatar takeover.

The issues on the board, I believe will be the conflict between the family members and the 4 who want Qatar and the 2 who don't.
 

stw2022

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Is it possible that football reporters who are trained in how to write about sport and ask questions such as: "what are your thoughts on the yellow card in the first half?" and "how do you plan to counter the threat from their right-sided forward?" are interpreting required and necessary silence from all sides as an assumption nothing is happening?

Underpinned by the fact their usual footballing contacts and sources (agents, players, coaching staff) are equally not in the loop. So if the groundsmen, Luke Shaw's agent or the Goalkeeping coach is saying "I've not heard anything" that's reported as "everyone's in the dark"
 

Jed I. Knight

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What does that mean ?
Significant shareholders of the publicly listed class of shares want the Glazers to sell to Qatar. That's because Qatar, reportedly, want to do a full acquisition, which includes buying the public shares. Contrary to what's been reported about the Ineos bid, which is said to be for only a controlling share of the Glazers' privately held shares.

The tweet indicates that (some of) the Glazers would apparently prefer to remain as minority shareholders under Ineos' stewardship. Which flies in the face of the major owners of public shares, who want to get paid.
 

GaryLifo

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Two weeks from now we'll still be no clearer on the takeover outcome.....

This is the third time I have made this prediction and was right on the two previous occasions. It's time to give me a blue tick and move me from tier z to tier y
 

Ken Barlow

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Waking up to the news that SJR is still in the mix is disappointing for two reasons -
1. If feels like more steps backwards, we have been led to believe we're further along the process than we actually are which means the damage done to the club is increasing by the day, and
2. the understanding is that Glazers will still be involved in some capacity.

I just cannot support any proposal that involves the Glazers still being around, even if they were silent partners and even if they were contracted to be booted out in a few years time. Tragedies aside, they are the worst thing that's ever happened to this club. The one opportunity in 18 years to be rid of them, we cannot come out of this period with them still being involved, its completely unacceptable.
 

pocco

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Waking up to the news that Sir James Arthur Ratcliffe FIChemE is still in the mix is disappointing for two reasons -
1. If feels like more steps backwards, we have been led to believe we're further along the process than we actually are which means the damage done to the club is increasing by the day, and
2. the understanding is that Glazers will still be involved in some capacity.

I just cannot support any proposal that involves the Glazers still being around, even if they were silent partners and even if they were contracted to be booted out in a few years time. Tragedies aside, they are the worst thing that's ever happened to this club. The one opportunity in 18 years to be rid of them, we cannot come out of this period with them still being involved, its completely unacceptable.
We're only led to believe we are further on if you only believe certain sources. Many in the British media have been repeating that there has been very little interaction since the final bids and that this will roll on into next season. When something is imminent we will know for sure, and it won't be a random article from a single source. Word will start to get out once agreements are reached and wheels start turning, when various different parties are brought in to do their thing (lawyers, finance, PR, club staff whatever).
 

crossy1686

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What does that mean ?
It means that the guys who stand to get rich off the 100% sale of the club to the Qataris are not happy that the Glazers haven't accepted the bid. If they accept Jim's bid for 69%, they won't get a payout at all.

Woodward stands to make about £13m from a 100% sale, so do a bunch of other people with class A shares.
 

moodyred

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If we don't clear this debt, or sell some of our players, we won't be able to compete in the transfer market. We are limited by the FFP ruling. Sell the club already so we can clear this debt!
 
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