Club Sale | It’s done!

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DomesticTadpole

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Here is the issue I have with this, galzers staying aside.

Jim will only own 25%.

But if he injects funds, say for a new stadium (however unlikely), he pushes up the value of the club, meaning he will also have to pay more for the other 75% he supposedly wants.

The better he makes us, the more expensive it will become. So it is not in his interest to spend on success.

Its a major conflict of interest.

And will ineos really inject millions while the glazers, majority share holders, just sit there and offer nothing?
Unless they have set a price for future share sales.
 

Rojofiam

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SJ has offered $7 billion to the Glazers which is £5.8 billion plus the debt £1 billion plus another £1.25 billion in investments in stadiums, squad etc plus then buying the 31% class A shares. Let that sink in and they’ve said no !!!!

He should walk away buy another club and embarrass united again, Sir Jim needs to make money available immediately and explain why he’s potentially fecked a club he’s suppose to support. The Glazers now must realise they really can’t step foot in old Trafford ever again, the hatred will be intense on a whole new level !
This is pathetic, but I would be lying if I said I wasn't enjoying the meltdown. :D
 

C'est Moi Cantona

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One year ago, if Manchester United fans were told that we would soon be on the way to being owned by a life long United fan and self-made billionaire, born and raised 7 miles from OT, most would be delighted.

Sir Jim Ratcliffe. Future Manchester United owner and the man that is going to take control from The Glazers....



Qatar turned alot of heads, but this still shoudn't be forgotten.

Glazers even thinking about selling looked impossible not that long ago, we're in a better place than then at least.
 

Delano

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This just feels like a Kroenke/Usmanov situation. Unless there are guarantees over a succession, I just see us having more and more issues.

That really would be the worst possible outcome.
 

Marcelinho87

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I suppose he'll have a deal to buy the remaining shares over a certain period of time from now.
And at a potentially set price to cover increases, these people aren't stupid no matter what the plebs on here think.

This is a business valued billions, the likes that the caf as a collective couldn't imagine nevermind one singular bloke.
 

Stretfordender

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SJR is now public enemy no1. If he’d have fecked off with his shitty bids the Glazers would have sold the club by now. Vultures the lot of them feasting on the Caracas of man united.
 

Nogbadthebad

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Unless they have set a price for future share sales.
I would agree, but I cannot see the glazers possibly agreeing to that. They value the club at more than Jassim was offering. They want as much as they can get, and the idea of limiting that to a current agreed price seems the precise opposite of their actions so far in this.
 

M Bison

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I genuinely wonder how much of this investment in the club will actually go to the club, rather than just being more cash to line Glazer pockets. I don't expect very much of it, which leaves us in exactly the same place as before, only without any hope for a sale.
He's buying shares off Glazers so it'll all go to the Glazers wont it? Same would have been the same if the Sheikh had bought their shares, there was further funds provided for but that and the share purchase are 2 different things.
 

Werd.

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Solhekol reporting that ETH and players wanted Qatar to take over.
 

Someone

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Not sure how the Ratcliffe deal would be positive for the club. All the money from the sale will go to the Glazers. The club will still be a billion in debt and in need for a 2b stadium investment. What is going to change exactly?
 

The Serb

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People saying this is the death of Man Utd need to get a grip. You’re one of the biggest clubs in the world regardless, you’re not going to go into administration.
 

gaffs

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Here is the issue I have with this, galzers staying aside.

Jim will only own 25%.

But if he injects funds, say for a new stadium (however unlikely), he pushes up the value of the club, meaning he will also have to pay more for the other 75% he supposedly wants.

The better he makes us, the more expensive it will become. So it is not in his interest to spend on success.

Its a major conflict of interest.

And will ineos really inject millions while the glazers, majority share holders, just sit there and offer nothing?
You really think he is going to buy 25%, invest in infrastructure (as a minority owner) only for the Glazers to pump up the price and make it even more difficult for him to buy?

He will buy 25% and there will be put and call options put into the contract with The Glazers.

He's not become a self made billionaire because he is stupid.
 

stu_1992

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Finally real news on the takeover. I'd almost given up hope entirely of anything ever happening here, but when I saw the Qatar bid pulled out earlier, I knew something was up. This is not Glazers out yet, but this is a huge first step. I really do hope this is a deal with mandatory options to buy more shares at future dates and eventually Jim Ratcliffe/INEOS can have a full takeover. I was and am very anti-Qatar takeover so this is a relief for me, even if I am still anxious to see the Glazers leave as soon as possible.
 

Acquire Me

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Ineos process to make Manchester United the biggest club in the world again to start shortly after acquiring 100%

:nervous:
 

Garethw

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Not sure how the Ratcliffe deal would be positive for the club. All the money from the sale will go to the Glazers. The club will still be a billion in debt and in need for a 2b stadium investment. What is going to change exactly?
Absolutely nothing.
 

Godfather

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I can't even remember the last time we had some good news about this club. How depressing!
It's almost funny I have to admit. This club is a spiral of toxicity and depression. Anything that can go wrong. You know it will at this club.
 

RORY65

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Solhekol reporting that ETH and players wanted Qatar to take over.
They also wanted Greenwood back and he wanted to sign Arnautovic, what they think is worth dick. Obviously this isn't a great result but it's still better than United becoming a tool for any state.
 

ROFLUTION

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Early on in this process I remember a gay fan posting about how he couldn’t support the club if Qatar took over. He got told to “not let the door hit him on the way out”
I posted a report from Amnesty international decrying Qatar’s human rights record and they were lambasted as being woke and virtue signalling.

I hope our gay fans are sleeping easier tonight. I hope whichever heaven the dead migrants highlighted by Amnesty are in are smiling down on this decision.

I do believe we have a long road back to the top. But we are doing it the right way. And to me that means so much.
I hope everyone can understand that.
*Raising my glass in honour*

United is bigger than being owned by an inhuman state which didnt guarantee no great succes neither (PSG says hi)
 

Godfather

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Solhekol reporting that ETH and players wanted Qatar to take over.
Well of course. These players want to win things. The manager too. As long as the leeches are here this won't happen. This 25% minority share sale will change feck all. The only hope is that a masjority sale will happen soon and that Jim has finally learned how to run a football club. Two big fecking ifs.
 

Hammondo

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Here is the issue I have with this, galzers staying aside.

Jim will only own 25%.

But if he injects funds, say for a new stadium (however unlikely), he pushes up the value of the club, meaning he will also have to pay more for the other 75% he supposedly wants.

The better he makes us, the more expensive it will become. So it is not in his interest to spend on success.

Its a major conflict of interest.

And will ineos really inject millions while the glazers, majority share holders, just sit there and offer nothing?
He will only invest if others do, he won't just put money into United.
 

The Hilton

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You really think he is going to buy 25%, invest in infrastructure (as a minority owner) only for the Glazers to pump up the price and make it even more difficult for him to buy?

He will buy 25% and there will be put and call options put into the contract with The Glazers.

He's not become a self made billionaire because he is stupid.
The 25% purchase is the investment, assuming it goes into the club and not straight into Glazer pockets (which I doubt), and he's making that investment as he expects to receive more money over time than he's paying for that 25%. The Glazers have made lots of money from us, despite being terrible owners, and with the talk of better TV deals etc there's a possibility that dividends and valuations will increase dramatically.

It's possible that this is a stepping stone to full ownership, but it's also possible that we're adding another leech to the existing group sucking the club dry. Time will tell.
 

Black Adder

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There won't be any takover, all parties involved will gladly sit on debt ridden club while they take out dividens for doing nothing.
 

Werd.

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They also wanted Greenwood back and he wanted to sign Arnautovic, what they think is worth dick. Obviously this isn't a great result but it's still better than United becoming a tool for any state.
Yeaaaah, now we just continue to become a tool for incompetent leeches.
 

Thom Merrilin

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Not sure how the Ratcliffe deal would be positive for the club. All the money from the sale will go to the Glazers. The club will still be a billion in debt and in need for a 2b stadium investment. What is going to change exactly?
Well it depends on if you believe the reports or not. The most positive outlook is that there's a binding agreement to complete a 100% takeover in 3-6 years and have majority control in as little as 1 year. Ineos would also be allowed to inject funds immediatly with full control over where those funds go. I'd say that's way way better than a non sale.
 

L1nk

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United isn't one of a kind - it is a failing sporting institution with amassing debt and need of serious investment. They bid way above the market cap even under those circumstances. This is a circular conversation at this point, but surely with those things in mind you can understand why the notion that "they didn't want it" is laughable? Which, is the only thing I questioned - and caused you to interject

having money =/= paying way over the odds
I mean considering the news just coming out now that broke boy Ratcliffe - whilst only getting a minority stake to begin with - will be taking over in the long run because he met the Glazers valuation so clearly he wanted United more than Qatar, it’s as simple as that really. For clarity i wanted neither but not like we have much choice
 
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