All change of ownership and Red Knights related posts here please

What a fecking tool the presenter of that show is!

:lol: Richard Quest - I like him actually, cuts out a lot of the crap and gets straight to the point. He is like the Jeremy Paxman of the business world!

Not sure who exactly the guy in the middle is? Thought he was very slimy and in particular avoided the question about whether the Red Knights themselves are going to come up with the cash to buy the club.

Bloke from MUST came across pretty well to be fair.
 
That guy on the left is fecking annoying.

yeah, I thought that the first time I saw him. You get used to him and then begin to like his style of interview.
He used to be a British TV (bbc I think) correspondent in New York, then CNN signed him up. I think he was actually found naked with rope tied around his neck and genitals in central park, or something along those lines. He got the sack, but seems to have been reinstated.

sorry, back to the main thread subject...
 
yeah, I thought that the first time I saw him. You get used to him and then begin to like his style of interview.
He used to be a British TV (bbc I think) correspondent in New York, then CNN signed him up. I think he was actually found naked with rope tied around his neck and genitals in central park, or something along those lines. He got the sack, but seems to have been reinstated.

sorry, back to the main thread subject...

What the feck?! :lol:
 
yeah, I thought that the first time I saw him. You get used to him and then begin to like his style of interview.
He used to be a British TV (bbc I think) correspondent in New York, then CNN signed him up. I think he was actually found naked with rope tied around his neck and genitals in central park, or something along those lines. He got the sack, but seems to have been reinstated.

sorry, back to the main thread subject...

Bit more information than we needed :lol:
 
AgainstAllOdds, did you not see Hectic's reason for locking your thread in the first place? It was never funny, or intelligent in the first place.
 
What the feck?! :lol:

:lol:

I can't believe it's actually true!

Travel presenter Richard Quest in a bind over drugs scandal

spokesperson for the New York Police department confirmed that Quest was arrested in Central Park on Friday 18 April at 3.42am. “He was arrested for criminal possession of a controlled substance, believed to be methamphetamine and for being in Central Park after closing time. He was stopped initially because he was spotted in the park after the curfew,” said the spokesman.

Methamphetamine – also known as crystal meth or ice – is said to “bring on a feeling of exhilaration and produces increased arousal and activity levels”, according to the Frank drugs campaign.

However, the story has been given extra legs by rumours published in an article on Friday in the New York Post, owned by Times Online’s parent company News Corporation, about other items that were found on Quest – a rope tied around his person and a sex toy in the boot of his car.
 
Please be clear, no wummings in the United Forum, not today not ever.

Anymore will result in infractions now because it's well into April Fools and there's plenty of threads about it, or locked ones explaining why they are not allowed
 
Are the Red knights running out of steam



The group considering a bid to take over Manchester United is meeting on Wednesday to discuss proposals to tempt wealthy investors to join them.

The Red Knights strategy group may sign off on a document that would explain how the new ownership model would work at the Premier League club.

"Red Knights are looking to raise around £700m for the bid," said BBC Sports Editor David Bond.

"They are looking for 30 to 40 wealthy Red Knight investors."

He added: "What is being discussed is exactly how they go about investing, how much they will need to invest and what stake they will get in return."

The Glazer family paid £800m to buy the club in 2005, but supporters' groups are opposed to their continued ownership, opposition that intensified in January when it was revealed that United had been saddled with massive debts in excess of £700m.



As well as major investment from super-wealthy supporters of the club from the UK and abroad, including city bankers and lawyers, the Red Knights also hope to raise smaller sums from ordinary fans.

Their plans are also thought to include allowing major investors to sell part their stakes in the club to fans if the takeover is successful.

The Red Knights have, however, already said they will not make an offer to the Glazer family, until the end of the season.

But the American owners maintain the club is not for sale - just as they did when a Chinese consortium expressed an interest in December 2009.
Malcolm Glazer
The Glazer family also own NFL side the Tampa Bay Buccaneers

No official announcement is expected from the Red Knights on Wednesday, but the meeting could result in the group drawing a step closer to finalising the blueprint for fan ownership of the Premier League's richest club.

"The Glazer family have repeatedly said that the club is not for sale, but remember these investors are serious people with serious reputations, led by Jim O'Neill, the head of global economic research at Goldman Sachs," said Bond.

"They are determined to put a credible bid together and tempt the glazers into selling the club."
 
Me.I'm asking

Depends what you mean really, doesn't it.

If you expected a full plan to ponder over, then you're a fool.

If they were to give you a full plan for you to ponder over, then they're fools too.

Otherwise, they've said that they're not doing anything before the end of the season. Now our season has gone tits up, maybe they'll bring their bid forward. Who knows.

To give anything away would be suicidal for a bid. We'll likely find out the ins and outs after an unsuccessful bid.
 
Me.I'm asking

Eh, you didn't write all that... it's from the BBC in fact.

So you just added the wierd headline? Why does an article about the Red Knights moving forwards with their proposals merit a headline asking if they are "running out of steam"?

What else have you got lined up... how about "Is Chelsea's title challenge over?"

Very odd...:wenger:
 
Are the Red knights running out of steam?

Not sure about running out of steam but the reality of the situation is clearly setting in. The realisation that the logistics of putting together a bid, which involves '30 to 40' big investors and also thousands of fans, are going to be extemely complicated.

All the hysteria of a few months ago has clearly died down - I remember some muppets on here seriously expected a bid within weeks of the initial announcement back in January !

The big question has always been about where the money is going to come from and I still dont see any answers.

Anyway Im sure we will continue to hear more about all this and the Red Knights/MUST are likely to play on the fact that we havent won anything this season to bring them more support.
 
the reality of the situation is clearly setting in.

For the muppets you mentioned, yes. I'm pretty sure men of Harris and O'Niel's experience were perfectly aware of the reality of the situation from the start.

I'm now starting to understand why some people, within days of the RKs going public were complaining that their plans were too vague etc - it was because those people were muppets who expected a bid within days, as you say. It honestly never occurred to me at the time that anybody would be that stupid, which was why I was confused about their complaints.

This was always going to be a long and complicated process, and I think most people are sensible enough to realise this. But I suppose that "headline" shows that there are still a few muppets around who think that it shuold all be wrapped up by now.
 
Not sure about running out of steam but the reality of the situation is clearly setting in. The realisation that the logistics of putting together a bid, which involves '30 to 40' big investors and also thousands of fans, are going to be extemely complicated.

All the hysteria of a few months ago has clearly died down - I remember some muppets on here seriously expected a bid within weeks of the initial announcement back in January !

The big question has always been about where the money is going to come from and I still dont see any answers.

Anyway Im sure we will continue to hear more about all this and the Red Knights/MUST are likely to play on the fact that we havent won anything this season to bring them more support.

We won the league cup.
 
This is not a new article and must be several weeks old. The RK's last said they aimed to put in a bid when the season's over - which was sensible. I think they can now go ahead !
 
We won the league cup.

Like I said, we havent won anything this year ;)

This is not a new article and must be several weeks old. The RK's last said they aimed to put in a bid when the season's over - which was sensible. I think they can now go ahead !

It is a new article because the RK are meeting today to further discuss their plans.
 
For the muppets you mentioned, yes. I'm pretty sure men of Harris and O'Niel's experience were perfectly aware of the reality of the situation from the start..
I hate to sound like Gill but exactly what experience has Harris got other than being a relentless self publicist and self proclaimed mover-and-shaker? I would have made much more sense to get some committed investors together and some funding before going off half cock if they wanted to be taken seriously.
 
The Red Knights consortium met on Wednesday to finalise their plans to launch a takeover of Manchester United.

The group of wealthy United fans have said they do not expect to make a bid for the club before the end of the season but they are now drawing up a detailed battle plan.

The talks were to confirm exactly where the money will come from to fund a bid and to determine the level of fan involvement in the proposed ownership structure.

A key discussion was also to focus on the £509million bond taken out by the Glazer family who currently own United - it is likely any takeover bid would have to entail retaining the bond.

Investment bank Nomura have been advising both the Red Knights and the Manchester United Supporters' Trust (MUST) who have been broadly backing the takeover bid.

A source close to the talks said: "We are now developing the financial model before making a bid. This is very much getting into the details of funding and future ownership."

The consortium includes Goldman Sachs chief economist Jim O'Neill, a former United director, and Mark Rawlinson, a partner at leading London law firm Freshfields.

The Glazers bought United for £800million in 2005 but loaded debt on to the club - the total debt on the club now tops £700million.

Football365
 
I hate to sound like Gill but exactly what experience has Harris got other than being a relentless self publicist and self proclaimed mover-and-shaker?

Other than being chairman of a major investment bank and having over-seen the take-overs of Chelsea, Aston Villa and City? Very little...

Maybe you can find us someone more qualified?
 
I'd rather the Red Knights approach be slow and steady. Rushing into something is just idiotic for both the Knights as investors and us as fans.
 
Sky Sports News understands the group considering a bid to take over Manchester United are hopeful the terms of an offer will be finalised this week.

The Red Knights strategy group is meeting on Wednesday to tempt wealthy investors to join them and there remains every expectation that a formal offer will be made at the end of the season.

Sky Sports News' chief news reporter Bryan Swanson understands the Red Knights are more confident that, following the club's recent exit from the UEFA Champions League, the true value of the club has decreased and all major issues facing the club suggest downside risks.

It is believed negotiations with potential investors include the possibility of keeping the ₤500m bond raised by Manchester United supporters.

It is understood the group has not been put off by the Glazer family's insistence that the club are "not for sale" and the group believe a credible bid will be put together.

Sky Sports | Football News | Premier League | Manchester United | Red Knights close on Utd bid
 
Other than being chairman of a major investment bank and having over-seen the take-overs of Chelsea, Aston Villa and City? Very little...

Maybe you can find us someone more qualified?
That's the kind of big upping that Keef likes to put about. What did he actually DO in any of those transactions?
 
Other than being chairman of a major investment bank and having over-seen the take-overs of Chelsea, Aston Villa and City? Very little...

Maybe you can find us someone more qualified?

Yes and its not all about Harris either. They have some decent financial heavyweights in there as well and are advised by top City strategists. Although it's early days, this is by no means a mickey mouse group.
 
Looking at some of the names in this group inspires me, these guys are not the type to be wasting their time, if they felt there was absolutely no chance they would not be doing what they're doing, they will have already incurred substantial legal costs, these type of businessmen do not like throwing money away.

The whole Glazers stance of "club not for sale" is completely normal, they hold all the cards at this point, taking a hardline is the only effective strategy for them, inviting offers is not the way to do business. I am beginning to believe there is something in this.
 
Yes and its not all about Harris either. They have some decent financial heavyweights in there as well and are advised by top City strategists. Although it's early days, this is by no means a mickey mouse group.
Harris seems to be the one doing the talking and all we really know about him is that he nearly bankrupted most of the clubs in the country when he screwed up as Chairman of the Football League, showing stupendous naivety.