Club Sale | It’s done!

[TrebleChamp99]

I’ve gone back and forth on who I think will be best for the club, initially strongly for Jassim.

However it’s a weird one as if you imagine the sheer wealth of city group they probably spend less than 1% on football and transfers Chelsea for instance absolutely dwarfing what city spent last summer so I don’t really think the relative wealth between the two is all that important.

Jassim and SJR will easily spend hundreds of millions in their first and subsequent windows I recon the big difference would be something like the stadium redevelopment under Jassim he would most likely go for the most impressive option whereas SJR would look to do something more subtle perhaps with less initial outlay.

 

[Offside]

Really hope SJR gets this and we’re British owned. Would hate to see United an oil club.

 

[Rightnr]

Really hope SJR gets this and we’re British owned. Would hate to see United an oil club.

Yeah, thank god Ineos sell unicorns to toddlers.

 

[LawCharltonBest]

Ben Jacobs admitting he doesn’t have a clue

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That wording "offer is competitive" - which has been repeated a few times regarding the Qatari bid - bugs me more than it should

It suggests it's lower than the top bid, in which case it isn't enough. So it's pointless.

Glazers would rather sell the club to some guy planning to dissolve the club, strip its assets, knock down OT and build a load of flats on the land rather than sell it to a multi-billionaire who just wanted the club to be the best in the World and have the best stadium, if the former offered them £2 more. The bid needs to be the highest for these leeches, not competitive or the best for the club. It needs to make the Glazers the richest.

 

[TsuWave]

Liew is great. Is he a member of this forum? Certainly seems to have nailed a good chunk of posters in here.

Great because it reads like something that you wanted to read? I mean, he admits he knows little to nothing about Jassim but then his punchline is “the box with Jude Bellingham and human rights abuses”. That makes sense to you?

 

[Member 125398]

Dunno, it's easy to take this melancholic tone about 'everything is compromised, isn't a shame there's nothing we can do' and signal your concern from the position of being a well paid liberal metropolitan journalist. Where was this concern when he was choosing to work for the Telegraph all those years, which had a record of disseminating socially reactionary attitudes akin to most middle eastern regimes (in some cases culturally further to the right than metropolitan Qatar or Dubai) alongside advocating for further austerity in ways which only transferred wealth and power to the richest whilst covering over tax avoidance by its spectacularly wealthy owners, actively hurt vulnerable people and communities etc. It's one thing taking this line from Barney Ronay or Jonathan Wilson (much as I might disagree with their takes at times), but it's pretty hollow from Liew - it's not like as a well-educated, half-decent writer he couldn't have taken another media writing job to pay the bills at the time....

Criticize the post, not the poster.

 

[wolvored]

Really hope SJR gets this and we’re British owned. Would hate to see United an oil club.

what does his company run on?

 

[Amarsdd]

Great because it reads like something that you wanted to read? I mean, he admits he knows little to nothing about Jassim but then his punchline is “the box with Jude Bellingham and human rights abuses”. That makes sense to you?

He literally points out why even in that portion of that article. Do you know anything more than he's a son of an Emir and works for a bank? Do you know where the money he's promising coming from?

 

[BluesJr]

Really hope SJR gets this and we’re British owned. Would hate to see United an oil club.

Ok Mr. Brexit.

 

[Adisa]

KM definitely knows his stuff

Please a summary. I'm in the office.

 

[Rolaholic]

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[JPRouve]

He literally points out why even in that portion of that article. Do you know anything more than he's a son of an Emir and works for a bank? Do you know where the money he's promising coming from?

The money likely comes from his father and the publicly known holding is likely Paramount services Holdings.

 

[Baxquux]

what does his company run on?

Exactly. Microcosm of the issue we have in British social and political discourse as a whole too - you can signal about 'British interests' all day long whilst doing stuff which is directly contrary to anything except personal or group enrichment, even according to abstract things like measurements of 'growth' let alone ordinary people's quality of life, and lots of people will continue to lap it up even past the point where it helps even their own 'private' interests.

The question to ask is whether SJR's ownership model is going to benefit the club as a competitive and a community asset going forward; if his being 'British' quantifiably informs that, then fine, its a factor to consider amongst the others, but just like life doesn't get less expensive and water doesn't get any cleaner if hang bunting over it, so the 'local boy' or 'british' rhetoric doesn't function as anything except farce without a material underpinning. If you want 'local' ownership to mean anything, you need ownership to be highly regulated and accountable both to whatever statutes and clauses are in FA governance documents/football regulatory authority And to be directly responsible in some way to the fans, and not to be 'extractive' (which is different from being sustainable and solvent). The rest is BS.

 

[Chesterlestreet]

Nobody knows anything about the dude. That's kind of the point he's making (in the article).

 

[TsuWave]

He literally points out why even in that portion of that article. Do you know anything more than he's a son of an Emir and works for a bank? Do you know where the money he's promising coming from?

Do you think him pointing out “why” justifies the human rights abuse punchline regarding something he admittedly doesn’t know much about? Is this what’s passing for “great” writing? Because that’s what I questioned - and if so - fair enough.

No I don’t, but then again I’m not the one writing - ah you know what, nevermind.

Give me the magic mystery box with Jude Bellingham, please

 

[Berbaclass]

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[Moriarty]

what does his company run on?

Coal from Agecroft Colliery.

 

[cyberman]

Hes answering the questions hes asked.
What is clown like about that

But he isn’t answering them because he has no insight. This isn’t a made up niche gimmick of football finance but a full blown, 6b takeover.
That post is no different from many posters rundown on here

 

[Widow]

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And in layman terms, 'how much more do you want'

 

[Member 125398]

The money likely comes from his father and the publicly known holding is likely Paramount services Holdings.

Do you think there's any possibility that their bid could be connected to a power play in the family? Raising Jassim's international profile would undoubtably give him some security in the event of any internal shenanigans.

 

[cyberman]

And in layman terms, 'how much more do you want'

The Glazers end game. Get Jims final price and negotiate with Qatar from there imo.
I’ve gone off both now, we need a coup.

 

[gaffs]

What Kiren Maguire said:

- 4th round would only happen if the bids were very close and one party just needed to bump theirs to get over the line. Otherwise there is no point

Or they may not given the bids look to be structured very differently.

- closer you get to the start of the transfer window the more you're in awkward position as a seller. The buyers have a budget for the window and the sellers have obviously their own budget too. So for as long as the sale is in progress the transfer business is left in limbo. It benefits both parties for this to be decided and completed asap.

Or the buyer gets more desperate to buy so they can start making the changes they want.

- INEOS have offered 69% and yet have a higher offer for the club valued at 5.1bn - how? He says hel buy the controlling amount, Ie 2.6bn. So his offer is lower but it's for just controlling interest. Whereas Jassim has a higher outright value but for a 100%.

Which for The Glazers, means the Ineos offer better.

Sir Jim could organize the deal in such a way where Glazers agree to sell him the class B shares and thereby surrender control to INEOS. Such a scenario will lead to a fall in the share price but only because it's no longer a full sale. Not necessarily becsuse Jim is perceived to be a a bad owner.

Well at least it would mean Ed Woodward wouldn't get his 10+ million payout.

 

[Berbaclass]

The Glazers end game. Get Jims final price and negotiate with Qatar from there imo.
I’ve gone off both now, we need a coup.

Most likely scenario IMO

 

[strandty]

And in layman terms, 'how much more do you want'

Would always be the case. They’re only bothered about the final number so whenever they can squeeze more, they will

 

[Bosws87]

That wording "offer is competitive" - which has been repeated a few times regarding the Qatari bid - bugs me more than it should

It suggests it's lower than the top bid, in which case it isn't enough. So it's pointless.

Glazers would rather sell the club to some guy planning to dissolve the club, strip its assets, knock down OT and build a load of flats on the land rather than sell it to a multi-billionaire who just wanted the club to be the best in the World and have the best stadium, if the former offered them £2 more. The bid needs to be the highest for these leeches, not competitive or the best for the club. It needs to make the Glazers the richest.

Considering theres more money on the table right now for them in the Qatari bid, not sure that works.

 

[Bosws87]

Or they may not given the bids look to be structured very differently.




Or the buyer gets more desperate to buy so they can start making the changes they want.



Which for The Glazers, means the Ineos offer better.



Well at least it would mean Ed Woodward wouldn't get his 10+ million payout.

Not true, without the details and looking into the future you don't know this, currently theres more money on the table right now from Qatar, percentage wise there's more money per share from jim but less actual money.

 

[Berbaclass]

Would always be the case. They’re only bothered about the final number so whenever they can squeeze more, they will

To an extent I think Qatar are too. Probably not interested in going back and forth. Probably why their bids were reportedly all at similar value.

 

[JustCoco]

Oh shut up playing the corporate lick spittle. Ineos is an oil and chemical company. Their money comes from raping the environment.
Whereas “Sheik Jassim’s” money comes from his inheritance.
See two can play at this game.

Grow up kid.

I'm giving the simple truth. Ineos' money isn't from anything gross or inhumane.

That said, I'd rather have Jassim as it means the Glazers are actually gone.

Why are you having such a hard-on for Qatar, even going to the level of lying?

 

[Ramshock]

Really hope SJR gets this and we’re British owned. Would hate to see United an oil club.

Yes because a Brexit supporting British businessman fills everyone full of confidence.

 

[gaffs]

The Glazers end game. Get Jims final price and negotiate with Qatar from there imo.
I’ve gone off both now, we need a coup.

No one knows for sure, but i think Joel and Avram Glazer still want to skin in the game. They still believe United are undervalued, especially if the opportunity arises in the future for clubs to sell their own TV deals.

Eventually the big clubs will put an end to The Premier Leagues collective bargaining TV deals.

 

[JustCoco]

Sorry I have to call this out

What gives someone who is I presume is white, the right to tell someone who is not that they should or should not believe something is racist.


You come from Warrington which is in the UK, which is the country that has benefited most from colonisation and slave labour, but are implying Qatar is evil because they have slave labour.

Imagine if all the countries that the UK had colonised took the same view as you. i.e I don't want to have anything to do with a state that uses slave labour, where would that leave the UK

If somebody believes that something is racist, then they are entitled to their opinion. You as a white person, with your privileged opinion can never tell anybody not to feel like something is racist. Imagine somebody telling you that.

I also believe that the reason why some people are so against the Qatar bid, is down to either unconscious or conscious bias.

I want my club to be successful its a simple as that, no pretence or trying to paint it another way.

At the moment with all the information from the initial statements, not the click bait from journalists who probably know as much as me.

SJ has said he will clear all debt, invest in infrastructure.

Whilst SJR has not mentioned anything about that

So to me there is a clear winner, regardless of politics

Psst, I want Jassim to win too. I can call out BS arguments and race baiting though.

As for your assumptions. I'm mixed race. Arab (Yemen) +English.

Why assume I'm white hmm? Didn't fit your narrative I guess.

Also, you are quite uneducated on the transatlantic slave trade if you think the UK benefitted the most, considering the UK paid off the slave owners to free their slaves using a large loan, which the UK taxpayers only paid off recently.

As for colonisation, it's a false equivelance to presume it's the same as slavery. Not even close, sorry.

 

[HarryP]

The more I think about it, the more I think Ratcliffe teaming up with the Glazers makes perfect sense rather than him buying all of their shares.

The Glazers will be happy for him to run the football side of things (they have a strong history of deference here with SAF and then Woodward)

So we will de facto get a new owner in SJR who will be free to shape the football side of things as he sees fit. But only buying 51% will save him cash and give him more financial flexibility.

What exactly is the tangible benefit to him buying out the remaining Glazer shares if he already has all the control he wants? And as I said before, the Glazers have been quite successful at the club from a commerical revenue point of view so they could actually be of benefit to Ratcliffe if they are just restricted to having input on only that section of the club. Let's be honest, as much as you might hate them, they have a wealth of valuable experience in this field. Just think of them as minority investors with the sole role of having input in commerical operations. I can see it being a win-win.

 

[Mr. Robot]

Kinda stating the obvious here but how much money does one person need?

The Glazers aren’t getting any younger. Just take the money and run, enjoy your retirement on the sunny Florida Quays?

In other words, feck off and don’t come back.

 

[JPRouve]

Do you think there's any possibility that their bid could be conected to a power play in the family? Raising Jassim's international profile would undoubtably give him some security in the event of any internal shenanigans.

Disclaimer, I'm totally speculating. Two things that I know about the father, he is a real estate investor and he puts his money in tax heavens, so my guess is that purchasing something like United can allow two things, build a good relationship with Manchester city coucil which is a good thing if you plan to invest in one of the fastest developing big city in Europe, the other thing is that it allows you to get part of that hidden money in a financial vehicule that won't be highly taxed if you manage it without profit or with little profit but you can use it as a collateral and borrow money for your other investments.

 

[dove]

Kinda stating the obvious here but how much money does one person need?

All the money in the world.

 

[Spoony]

No one knows for sure, but i think Joel and Avram Glazer still want to skin in the game. They still believe United are undervalued, especially if the opportunity arises in the future for clubs to sell their own TV deals.

Eventually the big clubs will put an end to The Premier Leagues collective bargaining TV deals.

They'd be shooting themselves in the foot. feck long term for short term gain. That is something that should never be allowed.

 

[DOTA]

Kinda stating the obvious here but how much money does one person need?

The Glazers aren’t getting any younger. Just take the money and run, enjoy your retirement on the sunny Florida Quays?

In other words, feck off and don’t come back.

£1b each, I think was their request.

 

[Bosws87]

Imagine if sociall


They'd be shooting themselves in the foot. feck long term for short term gain. That is something that should never be allowed.

Ask the spanish how that's working out for them

 

[gaffs]

Not true, without the details and looking into the future you don't know this, currently theres more money on the table right now from Qatar, percentage wise there's more money per share from jim but less actual money.

Sure, but The Glazers own 69% of the club. They don't care what happens to the other 31%.

Whoever pays most for the 69% wins.

Or even better for The Glazers, Jim buys 51%, leaves Joel and Avram 18%.

As it stands, it would seem Qatar either need to up their bid if they want 100%, or they may have to settle for only buying a controlling stake.

 

[Vault Dweller]

The Glazers end game. Get Jims final price and negotiate with Qatar from there imo.
I’ve gone off both now, we need a coup.

@Mr Pigeon you still staging one in Fife? Might need you for another.