Glazers looking to sell off a minority share & bring in a new Investor

[UnitedSofa]

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[red thru&thru]

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Title should be minority* share.

 

[Widow]

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[Oranges038]

Tweet says a minority but thread title says majority.

Are you The Sun?

 

[TheReligion]

Definitely something going on behind the scenes with ownership I feel

Fingers crossed!

 

[UnitedSofa]

Re: Title. -I quickly changed it - i got too excited sorry

 

[Drifter]

A Red Cafe whip round?

 

[amolbhatia50k]

Wow minority share!

 

[TheReligion]

I quickly changed it - i got too excited sorry

Still positive regards and the first step at potentially new owners

 

[Skills]

Haven't they already done that with the IPO? How much of Utd do they still own?

 

[Vapor trail]

Was just about to post this came up in some market research Bloomberg has a detailed report supposedly the price for the club is valued around 5 billion GBP from club insiders.

https://www.telegraph.co.uk/football/2022/08/17/glazers-consider-selling-stake-manchester-united/

 

[Van Piorsing]

Piece by piece hopefully it will dissolve like Soviet Union.

 

[Samid]

How much is 'minority' in this context?

0.012 %?

 

[TheReligion]

Wow minority share!

How is this not positive? a new investor opens the door to them clearing off

 

[UnitedSofa]

Wow minority share!

Important part is new investors.

All this talk about selling up definitely has some weight behind it

 

[100]

Trying to pour cold water on upcoming protests.

 

[LARulz]

What is the minority?

 

[Irrational.]

Like pissing in the wind.

Won’t change anything.

 

[TheGame]

What is the minority?

The fans.

 

[TrebleChamp99]

Minority shares for the club would be a disastrous situation.
It would give the glazers a nice cash out which we would see next to nothing on.
New investors would likely want a ROI and therefore dividends taken out on an annual basis.
Finally if someone wanted to take majority ownership, they would have to buy out the minority stakeholders share as well as the publically traded one.
It basically makes us worth more but with no return into the business.

Pathetic. DO NOT WANT.

 

[ColvaleGoa]

Is this to quell the #EmptyOldTrafford protest?

 

[Cassidy]

They will sell the club

 

[Ghostrider318]

Would anyone want to buy us now though ( even a minority stake ) ? We're worth what, ~4bn pounds and on top of that we have a ton of debt , terrible squad and decaying stadium. Unless we go for like 1bn I dont see how any money man will want to touch us with a 10 foot pole ? Because we need a TON of money to fox the squad and the stadium

 

[JJ12]

If they are starting to wobble it’s time to go for the jugular and force the rats out

 

[Red the Bear]

Interesting, they may actually be looking to sell.

I wonder what would prompt such a course of action.

 

[UnitedSofa]

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[FatTails]

Why does it have to be a minority? PC gone madinnit

 

[BluesJr]

I’m suspicious this is purely to try and defuse likely protests on Monday…

 

[Chairman Steve]

If it’s true then Musk must have got wind of something, and it wasn’t him purely shitposting.

 

[Ali Dia]

This will pay for the stadium and training facilities upgrade while the glazers keep the power. The fan share is also just more cash flow in their pocket while they decide what to do. Feckers will eventually walk away with billions having not spent a single penny of their own.

 

[KiD MoYeS]

Playing the fanbase like a fiddle. No doubt this will send social media into overdrive and keep the fanbase occupied for the next two weeks as the club continue to blindly stumble through another transfer window.

 

[altodevil]

This means jack shit

 

[Gandalf]

Would anyone want to buy us now though ( even a minority stake ) ? We're worth what, ~4bn pounds and on top of that we have a ton of debt , terrible squad and decaying stadium. Unless we go for like 1bn I dont see how any money man will want to touch us with a 10 foot pole ? Because we need a TON of money to fox the squad and the stadium

There would be a long line of serious buyers if we were up for sale. Form on the pitch is transient and can be changed pretty quickly by competent management installing the right people and the infrastructure issues are not so daunting as to put anyone off. Look at the Chelsea situation, all of the investors involved in bids for Chelsea knew that a squad rebuild was coming and either a new or massively renovated stadium was needed and they still were happy to go to 4bn plus. As much of a meme as we have become lately the Manchester United brand is still massive in a commercial sense and the type of people who would bid are the sort of alpha mentality types who will believe that they are the ones who can turn it all around.

 

[mav_9me]

Haven't they already done that with the IPO? How much of Utd do they still own?

Right? And what does a minority stake change anyway?

 

[George Owen]

Who the feck is going to want to invest on us, while having the Glazers in control?

 

[horsechoker]

I think the Glazers want to sell but know that selling won't be easy so they'll do it peacemill.

 

[FriedClams]

Cant wait to see the back of these guys, but I can sort of understand why they are so out of touch. Malcolm went from selling watches for his fathers business to creating one of the most powerful and rich families in America. Why would anyone in that family think that someone had better ideas than them, they are billionaires and its a different mindset.

 

[lefty_jakobz]

Hopefully someone comes in and buys us.

 

[Ghostrider318]

I have question around our debt - If lets say someone buys us for 5bn. Does that 5bn go to the glazers pocket ? or does some of that money pay of their wretched debt as well ?

 

[Massive Spanner]

Hopefully someone comes in and buys us.

Would cost £5bn+, then the debt to be paid off, probably need £1bn spent on Old Trafford/a new stadium, and more bringing our facilities up to scratch. We are a bad purchase right now.