Recent content by Ottawa MLS Fan

Sir Jim is not proposing a leveraged buyout so the recent Premier League its will have no impact on his bid. All debt he uses to buy the club, if successful, will be on INEOS.

Agreed. Just bought my tickets to see them in Toronto in August.

Good day today. Sitting in the garden with a beer, weather is sunny and 26C, The Warning playing on shuffle and spending my afternoon daydreaming. My favourite daydream is the one where the Glazers finally sell the club, take their billions, and on the way back to Florida they are mugged and...

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...

I don’t remember the exact numbers from the Glazer’s takeover, but if LBOs are capped at 65% that wouldn’t have stopped Malcolm. He might have needed to tweak his purchase and chuck in a few more quid, but the debt placed on the club would still have been significant. It doesn’t seem like a...

How does your Dad like the new leaked third shirts, with the devil symbol given prominence?

Personally I really don’t care if the Qatar bid is state backed. If it was the first state bid, then yes, but that horse bolted long ago. My criticisms of City and PSG are not that they are state backed, but the fact that they blatantly cheated FFP rules.

Just as another data point, my local NHL team, the Ottawa Senators, was put up for sale around the same time as the Glazers engaged with Raine and the sale is still not concluded despite being a simpler sale (‘only’ $1B, definitely for sale etc.). It appears to be in the final stages, but...

Great minds…

Are we talking about a hedge fund here?

I’ve read many times on this forum that the debt will remain on the club if Jim wins the auction, but I don’t think this is the case. There is apparently a change of control clause in the current debt agreement. I haven’t read this from a totally definitive source, but it seems unlikely that...

The parasites won’t clear the credit balances, that would imply that they put money into United which has never happened. There are payments coming into the club shortly (tv money etc.) which will be used to clear the credit card ready to use it again for transfers.

As many others have stated, majority owners commonly put money into their company and they avoid gifting it to minority shareholders by taking equity in returning, diluting each share, but increasing their overall percentage. There is no chance that INEOS refuse to invest because they only own...

I’m tired of people saying that Jim doesn’t have the funds. Even without INEOS, he would be the third richest owner in the Premier League.

Do you really expect that the four siblings who have finally extracted their money from United would choose to put it back in? The two who supposedly like United couldn’t afford it, because they didn’t cash out. I don’t think that’s a scenario to worry about personally.