Club Sale | It’s done!

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CantonaManc

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I was concerned about what Elliot’s plans were so went looking for some info on what they did at Milan. It actually makes for some interesting reading.

Elliot at Milan

Assuming the article is truly representative of what they did and not some paid shill puff piece , they’re not quite the vulture capitalists I’d imagined they are, there are quite a few articles by Milan fans saying the same thing as the one above. They made their money there by smartly improving the club rather than just asset stripping.

I’d still 100% rather we got rid of the Glazers, but if we’re stuck with them, having Elliot involved with a significant shareholding to hold them to account will probably be an improvement as they seem to actually have a clue in what they’re doing.
Are you serious ? I don't get people like you If Elliot manage to get their hands on Man United with the Glazers it is a game over for us, cannot believe that there are fans like you which can suggest such a thing. Either you are not Man United fan either you have some problems bro !
 

stevoc

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I doubt it too but, while many are seduced by the idea of a debt free future, we shouldn't be blind to the possibilities of trouble further down the line. It does seem prudent to question whether the Qatar bid offers the stability that most seem to feel it does.
Indeed, it's only the sure bet people seem to think it is if it's state backed.
 

stevoc

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What about Ism is valid when you have proof and it effects the future of the club.
This is potentially the difference between a debt laden bid from SJR or the Glazers staying.

Pick your poison.
To be fair we have no idea if Jassim's bid is also being funded by borrowing.
 

Infra-red

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Indeed, it's only the sure bet people seem to think it is if it's state backed.
Precisely. If Jassim is really just QIA or the Qatari state, then United will be on a firm financial footing, with a very substantial safety net comprising functionally infinite funds. If Jassim is genuinely acting in an individual capacity, then there are legitimate concerns to be raised about his wealth and business acumen (there is very little evidence that he possesses significant quantities of either - he may well do, but his affairs are almost completely opaque).
 

cyberman

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Precisely. If Jassim is really just QIA or the Qatari state, then United will be on a firm financial footing, with a very substantial safety net comprising functionally infinite funds. If Jassim is genuinely acting in an individual capacity, then there are legitimate concerns to be raised about his wealth and business acumen (there is very little evidence that he possesses significant quantities of either - he may well do, but his affairs are almost completely opaque).
It’s not his business acumen being raised here?
 

Infra-red

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It’s not his business acumen being raised here?
I was responding to @stevoc and @webbthepostie points regarding the financial stability (or, potentially, lack thereof) offered by the Qatari bid. We don't know anything about this guy (although we do now know that he is the chairman of a bank that was fined for "failing to meet some of the most basic regulatory standards").
 

HarryP

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I was concerned about what Elliot’s plans were so went looking for some info on what they did at Milan. It actually makes for some interesting reading.

Elliot at Milan

Assuming the article is truly representative of what they did and not some paid shill puff piece , they’re not quite the vulture capitalists I’d imagined they are, there are quite a few articles by Milan fans saying the same thing as the one above. They made their money there by smartly improving the club rather than just asset stripping.

I’d still 100% rather we got rid of the Glazers, but if we’re stuck with them, having Elliot involved with a significant shareholding to hold them to account will probably be an improvement as they seem to actually have a clue in what they’re doing.
Correct.

There would have been excitement at Elliott coming in at any other point in the last 5 years because the Glazers selling their entire stake wasn't on the cards.

People shouldn't let perfect be the enemy of the good - a minority Elliott stake would likely prove far better than the current situation.
 

stevoc

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Precisely. If Jassim is really just QIA or the Qatari state, then United will be on a firm financial footing, with a very substantial safety net comprising functionally infinite funds. If Jassim is genuinely acting in an individual capacity, then there are legitimate concerns to be raised about his wealth and business acumen (there is very little evidence that he possesses significant quantities of either - he may well do, but his affairs are almost completely opaque).
I have my reservations about the Ratcliffe bid but if the Jassim bid truly is private then it concerns me even more to be honest. Mostly on where and whom the funding is coming from. But even today reports that he will want to be involved in conversations to decide which marquee signings we should make. We just don't know enough about him and his funding.
 
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devilish

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A major Oil/Gas company involved in bribery and corruption? I'm shocked.
True. Strangely enough the British media is refraining from discussing their sins in the same way that they are doing with Jassim’s
 

Coops73

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They haven’t bought us and you’re already defensive. If they were fined by the BoE, that’s absolutely relevant.
We’ll he should have put it into context and referenced fines that other banks have received.
 

stevoc

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True. Strangely enough the British media is refraining from discussing their sins in the same way that they are doing with Jassim’s
That link you posted was from the Guardian mate.

You might not see much from the right wing British media but then that is to be expected given the story.
 

Rojofiam

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Are you serious ? I don't get people like you If Elliot manage to get their hands on Man United with the Glazers it is a game over for us, cannot believe that there are fans like you which can suggest such a thing. Either you are not Man United fan either you have some problems bro !
God forbid someone do their own research and then form their own opinion based on that. :nono: Rather go with the "Elliott = game over for us" narrative, which you base on nothing but Twitter and RedCafe replies made by people who probably don't know a single thing about them other than that they've been involved with Milan.

You are only a real United fan if you go along with social media narratives and the popular opinion of begging for a human rights abusing state to take us over!
 

sglowrider

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Precisely. If Jassim is really just QIA or the Qatari state, then United will be on a firm financial footing, with a very substantial safety net comprising functionally infinite funds. If Jassim is genuinely acting in an individual capacity, then there are legitimate concerns to be raised about his wealth and business acumen (there is very little evidence that he possesses significant quantities of either - he may well do, but his affairs are almost completely opaque).
Tbf none of us are Gulf experts.
 

NK86

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Correct.

There would have been excitement at Elliott coming in at any other point in the last 5 years because the Glazers selling their entire stake wasn't on the cards.

People shouldn't let perfect be the enemy of the good - a minority Elliott stake would likely prove far better than the current situation.
At this stage I feel certain you are just an Elliot stooge trying to gauge the reactions of the biggest United fan site for their bid.
 

MegadrivePerson

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I have my reservations about the Ratcliffe bid but if the Jassim bid truly is private then it concerns me even more to be honest. Mostly on where the and whom the funding is coming from. But even today reports that he will want to be involved in conversations to decide which marquee signings we should make. We just don't know enough about him and his funding.
This is a huge red flag for me.

It's this sort of thinking that has caused us so many problems over the years. Chasing Marquee signings is a terrible strategy.
 

devilish

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I have my reservations about the Ratcliffe bid but if the Jassim bid truly is private then it concerns me even more to be honest. Mostly on where the and whom the funding is coming from. But even today reports that he will want to be involved in conversations to decide which marquee signings we should make. We just don't know enough about him and his funding.
If Jassim/INEOS are set to invest heavily on infrastructure then it makes sense for them to buy the entirety of the club. In that way they would reap all the benefits of it. Regarding marquee signings, they usually go in the range of 60m-100m. Its natural that the club would first consult with the owner before proceeding.
 

devilish

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This is a huge red flag for me.

It's this sort of thinking that has caused us so many problems over the years. Chasing Marquee signings is a terrible strategy.
United has always signed marquee signings. Veron, Stam, Rio and RVN were among the best players in their role at the time. We also had a knack of investing silly money on kids as well (Rooney, Ronaldo but also the likes of Bebe as well). Marquee signings cost alot of money and therefore the owner is always consulted about it. For example Edwards blocked us from signing Batistuta while the PLC indecision costed us Marcelo Salas. My issue would be if we start buying marquee players not because the team needs them but simply because they would be popular with the fans. Don't take me wrong that happened before as well (ex Veron, Berbatov and Pogba) but it always ended up badly for us.
 

Andycoleno9

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This will be Glazers last "feck you" to United fans.
They will sell in June or July and feck up our summer transfer window
 

stevoc

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If Jassim/INEOS are set to invest heavily on infrastructure then it makes sense for them to buy the entirety of the club. In that way they would reap all the benefits of it. Regarding marquee signings, they usually go in the range of 60m-100m. Its natural that the club would first consult with the owner before proceeding.
Yeah consulting the owner to ask is it ok to spend x amount on a player, fine. But the owner shouldn't be part of the process to decide which player that money is spent on.
 

devilish

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Yeah consulting the owner to ask is it ok to spend x amount on a player, fine. But the owner shouldn't be part of the process to decide which player that money is spent on.
I believe that every owner deserves a say on whether a major investment is done or not. Ultimately he's the one paying for the investment. Don't take me wrong I wouldn't want to see is an owner who sees this as an opportunity to play real life Football manager. However we know very well what it means having owners who have zero knowledge about football as well. An owner should keep himself at an arm's length from decision making without losing sight of what is going on at the club. That's a very difficult balance to reach
 

UnitedSofa

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I believe that every owner deserves a say on whether a major investment is done or not. Ultimately he's the one paying for the investment. Don't take me wrong I wouldn't want to see is an owner playing real life Football manager. However we know very well what it means having owners who have zero knowledge about football.
Boehly
 

devilish

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Boehly is an example but there are worst specimen. Berlusconi for example would lecture Inzaghi about the tactics to use in front of the entire squad. Recently (he's owner of Monza now) he promised a bus load of prostitutes to the first team if they beat Juventus or Milan.

However the other extent very well. Woodward caused untold damage to United simply because the Glazers had no idea about football and no will to learn anything about it.

A balance needs to be reached
 

LawCharltonBest

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Boring now isn’t it

A couple of weeks ago it would have been unusual to see 5mins pass without a post

Now I’ll check hours apart and it’s grown by about a quarter of a page, if that. Sometimes just a couple of posts

Even the bullshitter journalists have given up guessing with this now

Probably get to Thursday/Friday and the new update will be “the bidders should hear next week”
 

croadyman

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I was concerned about what Elliot’s plans were so went looking for some info on what they did at Milan. It actually makes for some interesting reading.

Elliot at Milan

Assuming the article is truly representative of what they did and not some paid shill puff piece , they’re not quite the vulture capitalists I’d imagined they are, there are quite a few articles by Milan fans saying the same thing as the one above. They made their money there by smartly improving the club rather than just asset stripping.

I’d still 100% rather we got rid of the Glazers, but if we’re stuck with them, having Elliot involved with a significant shareholding to hold them to account will probably be an improvement as they seem to actually have a clue in what they’re doing.
Take Ratcliffe over them any day of the week
 

croadyman

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Correct.

There would have been excitement at Elliott coming in at any other point in the last 5 years because the Glazers selling their entire stake wasn't on the cards.

People shouldn't let perfect be the enemy of the good - a minority Elliott stake would likely prove far better than the current situation.
Ugh the thought of it is no better than Glazers
 

glazed

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I really heavily doubt that the Prem would block any move made for us by Sheikh Jassim. I imagine he would, with some merit, argue that there are plenty of other recent takeovers that shouldn't have been sanctioned if this were to be the case.
Having failed to block the Glazer takeover, effectively wrecking the premier league for a generation, I doubt they'd block their departure.
 

BuzzKillington

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Are you serious ? I don't get people like you If Elliot manage to get their hands on Man United with the Glazers it is a game over for us, cannot believe that there are fans like you which can suggest such a thing. Either you are not Man United fan either you have some problems bro !
Did you even bother to read the link I attached? The Elliot bogeyman we all fear would ruin the club I agree, the one described by that Milan fan would improve us. Albeit not as much as a clean takeover, but still an improvement on what we’ve had to endure for the last 17 years.
 
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