Club Sale | It’s done!

Status
Not open for further replies.

Real Name

Full Member
Joined
Oct 21, 2020
Messages
14,444
Location
Croatia
Ineos: more of the same, debt, keeps the greedy impossible to flush and incompetent glazers on board. The club became a meme of their watch

Qatar: fresh start, will hire best in class and uphold main club traditions, will invest heavily in the community, no debt if they decide to leave, the only bidder out there who will clear the debt and invest their own money into the stadium and facilities that the glazers totally neglected.

I’ll burn in hell please.
How are you sure they will?

Ratcliffe wont keep Glazers on board. They'll keep a minority stake.
 

Cloud7

Full Member
Joined
Jan 11, 2016
Messages
12,938
So from the most recent reports, not only are we not any closer to an end point, but we are in fact further away from one than we all thought we were over the last few weeks. Phenomenal.
 

dacore

New Member
Newbie
Joined
May 11, 2023
Messages
104
Can this be the last time he is quoted in this thread, assuming again that he is wrong.

We all have to accept that we’re all desperate swines in this thread - but let’s keep a level of decorum and self-respect here by not getting excited over someone’s words who clearly is clueless.
Why? 99,8% of the posted info in this thread has proven wrong so far and is just gossip. Why should just he be excluded? He isn´t any worse than most of the UK media who posts pro Ratcliffe stuff all the time or the hundreds of twitter links to unknown persons around the world who no one has ever heard of. I´m not saying he is trustwhorthy. But if would be hilarious if he was correct.
 

Tom Van Persie

No relation
Joined
Dec 12, 2012
Messages
25,180
That is not a promising update. Looks like the club's future will still be uncertain by the time the new season starts.
 

Infra-red

Full Member
Joined
May 4, 2010
Messages
13,528
Location
left wing
The Times story would seem to confirm the information from Daniel Harris that Ratcliffe has been meeting with Raine, lawyers and reps from the minority shareholders to "work through" their objections and the legal and regulatory issues. It sounds very much like at least some of the Glazer family prefer the Ineos bid and are working to get it over the line. Given that Qatar also appear to be confident (based on what we've heard from Bloomberg and Reuters, which will also be well-sourced) one can only assume that at least some of the Glazer family (and the minority shareholders) favour their bid, too. What we have here is an old fashioned family split. The Board are in deadlock. This could drag on for a very long time yet.
 

Infra-red

Full Member
Joined
May 4, 2010
Messages
13,528
Location
left wing
So from the most recent reports, not only are we not any closer to an end point, but we are in fact further away from one than we all thought we were over the last few weeks. Phenomenal.
I fear we could still in in the early stages of what could be a very protracted process. @LawCharltonBest's prediction of 2024 may not be far wrong.
 

Zora

New Member
Newbie
Joined
May 18, 2023
Messages
383
Ratcliffe isn’t winning the bid, unfortunately. I was listening to a podcast last week and someone who works in takeovers said that when Qatar go for something, they get it.

This is the British media sucking up to SJR. I’ve never been comfortable with the idea of Qatar really but it will happen.
 

DRJosh

Full Member
Joined
Jan 18, 2018
Messages
3,030
Location
Melbourne, Australia
Supports
United minus the Glazers
Another wasted season without proper reinforcements due to this impending ownership uncertainty. Can you think of any other modern day owners who are as toxic and damaging as the Glazers? I can’t
 

Giggsyking

Full Member
Joined
Aug 24, 2013
Messages
8,742
How did you conclude a majority of our fan base want Qatar exactly?
So you decided to fact check every post I made, but you are not fussed about the original comment that wants people to burn in eternal fire because of football :lol:. But if you want to know where the majority comes from, sure, where ever you look on social media, talk with your Man Utd fans mates, polls on social media and here the majority is Qatar.
 

macheda14

Full Member
Joined
May 22, 2009
Messages
4,674
Location
London
So not only fecking up the fans by keeping the leeches, he is happy with fecking ETH and his preparation for next season. If this brexiteer take over the club, we will swim in mediocrity forever.
I mean this is the weirdest way to interpret this. He can’t do anything to make regulatory issues go away. It’s more he’s saying he won’t walk away from the deal because of the delay.
 

Real Name

Full Member
Joined
Oct 21, 2020
Messages
14,444
Location
Croatia
So you decided to fact check every post I made, but you are not fussed about the original comment that wants people to burn in eternal fire because of football :lol:. But if you want to know where the majority comes from, sure, where ever you look on social media, talk with your Man Utd fans mates, polls on social media and here the majority is Qatar.
The original comment is truly awful to say the least.

Now we've sorted that, lets get to the fact that you concluded that majority of United fans, 500 million of them are pro Qatar based on social media, talking to your mates, polls here and on social media.

Sounds legit.
 

Real Name

Full Member
Joined
Oct 21, 2020
Messages
14,444
Location
Croatia
I mean this is the weirdest way to interpret this. He can’t do anything to make regulatory issues go away. It’s more he’s saying he won’t walk away from the deal because of the delay.
Yeah but that's not what people who desperately want Qatar want to hear.
 

Cloud7

Full Member
Joined
Jan 11, 2016
Messages
12,938
No but it did take Newcastle about a month to go through the fit and proper test.

I don't want Qatar and hope all who do burn in hell but if the companies house listing was genuine (have my doubts) then the same timeline would be happening that happened with Newcastle as that's when the fit and proper test started.
Morally better people
 

Real Name

Full Member
Joined
Oct 21, 2020
Messages
14,444
Location
Croatia
Ratcliffe isn’t winning the bid, unfortunately. I was listening to a podcast last week and someone who works in takeovers said that when Qatar go for something, they get it.

This is the British media sucking up to Sir James Arthur Ratcliffe FIChemE. I’ve never been comfortable with the idea of Qatar really but it will happen.
One a side note why is S J R changed to Sir James Arthur Ratcliffe FIChemE?

What's that about?
 

Moston Red

Formerly Giggs1973
Joined
Aug 31, 2006
Messages
3,991
Location
Manchester
No but it did take Newcastle about a month to go through the fit and proper test.

I don't want Qatar and hope all who do burn in hell but if the companies house listing was genuine (have my doubts) then the same timeline would be happening that happened with Newcastle as that's when the fit and proper test started.
A fiery and crispy end to my life then :(
 

Schweinsteiger

New Member
Newbie
Joined
Jul 31, 2015
Messages
383
Instead of going to Switzerland for euthanasia they should get people to read through this shower of sh+te of a thread.

As it has been for the past 7 months.,there is no news.. nothing. Just wait and be patient.
 

cyberman

Full Member
Joined
May 26, 2010
Messages
37,331
I mean this is the weirdest way to interpret this. He can’t do anything to make regulatory issues go away. It’s more he’s saying he won’t walk away from the deal because of the delay.
It’s not a delay, let’s be honest with it
 

Spoony

The People's President
Joined
Oct 27, 2001
Messages
63,273
Location
Leve Palestina.
[
The Times story would seem to confirm the information from Daniel Harris that Ratcliffe has been meeting with Raine, lawyers and reps from the minority shareholders to "work through" their objections and the legal and regulatory issues. It sounds very much like at least some of the Glazer family prefer the Ineos bid and are working to get it over the line. Given that Qatar also appear to be confident (based on what we've heard from Bloomberg and Reuters, which will also be well-sourced) one can only assume that at least some of the Glazer family (and the minority shareholders) favour their bid, too. What we have here is an old fashioned family split. The Board are in deadlock. This could drag on for a very long time yet.
Ratcliffe's bid seems unworkable, I suspect most of the Glazers are happy to take the Qatari bid as it stands and a couple of others want more money. That's the split.
 

KobbieMainoo

New Member
Newbie
Joined
Jun 12, 2023
Messages
15
No but it did take Newcastle about a month to go through the fit and proper test.

I don't want Qatar and hope all who do burn in hell but if the companies house listing was genuine (have my doubts) then the same timeline would be happening that happened with Newcastle as that's when the fit and proper test started.
Grow up will ya
 

Adisa

likes to take afvanadva wothowi doubt
Joined
Nov 28, 2014
Messages
50,503
Location
Birmingham
Sure, but why would they be concerned with that? It's unlikely to hold up any formalities given the front is still Nine Two Foundation.
If it’s coming from the state, it will not pass fit and proper test. At the very least, it poses another headache. The fact is Jassim doesn’t have the personal wealth to back his bid so where is he getting the money from or does he even have it?
Both bids have question marks.
It’s a fecking shitshow.
 

cyberman

Full Member
Joined
May 26, 2010
Messages
37,331
If it’s coming from the state, it will not pass fit and proper test. At the very least, it poses another headache. The fact is Jassim doesn’t have the personal wealth to back his bid so where is he getting the money from or does he even have it.
Both bids have question marks.
Pretty sure it’s been confirmed they’ll pass all tests.
 

Adisa

likes to take afvanadva wothowi doubt
Joined
Nov 28, 2014
Messages
50,503
Location
Birmingham
Pretty sure it’s been confirmed they’ll pass all tests.
Confirmed by who?
They will pass the test if they can prove it’s not state funded. But if it’s not state funded, where are they getting the money? Cause Jassim certainly does not have it.
 

cyberman

Full Member
Joined
May 26, 2010
Messages
37,331

Smores

Full Member
Joined
May 18, 2011
Messages
25,652
Mate…

All I’m saying is this. Go spit roasted by Joel and Avram Glazer whilst Jim is filming wanking off.
Fair enough :lol:

Careful though I got a warning for my exaggerated turn of phrase seems like the mods are grumpy today.
 

edgecutter

Full Member
Joined
Feb 11, 2014
Messages
4,766
The Times story would seem to confirm the information from Daniel Harris that Ratcliffe has been meeting with Raine, lawyers and reps from the minority shareholders to "work through" their objections and the legal and regulatory issues. It sounds very much like at least some of the Glazer family prefer the Ineos bid and are working to get it over the line. Given that Qatar also appear to be confident (based on what we've heard from Bloomberg and Reuters, which will also be well-sourced) one can only assume that at least some of the Glazer family (and the minority shareholders) favour their bid, too. What we have here is an old fashioned family split. The Board are in deadlock. This could drag on for a very long time yet.
When their old man died some of us saw this coming. Think of the mess if they stayed on and their children inherited the club. What a complete mess that will be.
 

astracrazy

Full Member
Joined
Feb 12, 2013
Messages
1,492
No but it did take Newcastle about a month to go through the fit and proper test.

I don't want Qatar and hope all who do burn in hell but if the companies house listing was genuine (have my doubts) then the same timeline would be happening that happened with Newcastle as that's when the fit and proper test started.
Rub me up and down in marinade hunny
 

Rightnr

Wants players fined for winning away.
Joined
Jan 25, 2015
Messages
14,764
Glazers better not be stalling just so Ratcliffe can live his Boomer dream.
 

Infra-red

Full Member
Joined
May 4, 2010
Messages
13,528
Location
left wing
[


Ratcliffe's bid seems unworkable, I suspect most of the Glazers are happy to take the Qatari bid as it stands and a couple of others want more money. That's the split.
None of us really know of course, but I think everyone assumes that it's a 4 v 2 split (with Joel and Avram keener on remaining in some capacity and therefore presumably favouring the bid from Ineos). Joel and Avram will need to resolve whatever issues the class A shareholders have with the Ineos bid to get Ratcliffe's deal through, which, it seems, is being worked on. They are presumably reluctant to take the Qatari bid until the Ineos issues are resolved and they can present the Board with a proper choice, but equally, they don't want Qatar walking away, because if the Ineos problems cannot be resolved, the Qatari's are the only game in town.

It looks like a complete mess, which I suppose shouldn't be a surprise to any of us, given the dithering and incompetence that has characterised the Glazers' time in charge of the club.
 

Castia

Full Member
Joined
Jun 18, 2011
Messages
18,537
Jim says nothing for months then starts rambling about talk of the footy down the pub with his mates

Stick to the other club you’ve already fecked up Jim you out of touch douchebag
 

Tarrou

Full Member
Joined
May 13, 2013
Messages
25,884
Location
Sydney
Fair enough :lol:

Careful though I got a warning for my exaggerated turn of phrase seems like the mods are grumpy today.
exaggerated or not it’s pretty horrible stuff and a warning is fully justified

I don’t want Qatar ownership either but feck me, can you really blame fans for wanting a rich owner after the last 20 years?

a lot of people are struggling at the moment, and football is an escape from that.. if they don’t have the bandwidth to be concerned about the morality of it, so what? I don’t think it’s a big deal in the grand scheme of things
 

Melville Red

Full Member
Joined
Jan 2, 2014
Messages
1,061
Location
Arm chair or Pub
Jim wouldn't be delisting the club.

Bloomberg and Reuters I am sure reported on information they thought was solid, but with each passing day it appears less solid, even if Qatar end up winning.

With regards to 5b dollars bid, its possible that is the amount the glazers receive.
5b dollars is roughly £3.9b
£3.9b is roughly 69% of £5.6b
Which is inline with some previous reports on the bid value.
I wonder how much commission The Raine lot will pocket? Even if this sale falls through they must be in line for a pretty cent and if I were their chairman I’ll be starting to put some fecks into the Glazers in a very cute yet forceable manner because a lot of time and money has been spent on this fiasco and it is about time it was drawn to a conclusion.
 

Woziak

Full Member
Joined
May 8, 2018
Messages
3,866
Confirmed by who?
They will pass the test if they can prove it’s not state funded. But if it’s not state funded, where are they getting the money? Cause Jassim certainly does not have it.
This will pass the test because of SJ Father also being involved and he has does have the funds to buy the club
 
Status
Not open for further replies.