I have waited a while to express to opinion of this sale process to see if something may yet develop.
It has not and I now honestly believe this sale is nothing short of shambolic. I feel that three out of the four main parties involved have been incompetent and cumbersome in their actions.
The Glazer's-most people knew or anticipated that they were going to drag this out and slime ball the club even further. They were hoping for 5-6 major buyers to be be involved when the November announcement was made ( Bezos, Apple, Musk, Saudi/Dubai/ Bahrain groups on top of Ineos/ Qatar) to creat an unprecedented auction.
That did not come to fruition so they are scraping every last part to get everything they can.
Raine- Supposed to serve the needs and requirements of the Glazer's but also place the interests of the club in the best possible way. They aimed to achieve a sale by the end of March to mid April. They have failed. They have by ( reading a lot accounts) been slow in their communication to the prospective parties involved, thus creating a breakdown in communication with Jassim.
They have acted in an ambiguous or "cloak and dagger" manner with their lack of communication and although the process is meant to be confidential, it has been handled with no respect to the club, it's employees and of course the supporters. They need to start asserting themselves and show their financial expertise of getting decision from the Glazers.
Sheikh Jassim- I just wish some advisors of his (in metaphorical sense) would get hold a black board, a piece of chalk and him to emphasise that the Glazer's do not give toss about your plans once you have acquired the club. Stop concentrating on 100% the club. Instead focus on the Glazer share of 69% and then purchase the remaining stock exchange shares later!
His relationship with Raine has broken down and he is now resorted to increasing his bids by a small margin each time, potentially re writing business plans and going beyond the deadlines. He is now a major reason for the hold with his indecision.
Ineos-Now I am not saying that I want Ratcliffe to become the next custodian of Manchester United, but I have to say this. He is the only party to have demonstrated any sort of business acumen in terms of purchasing the club. He has tapped into what the Glazer's want and has flexible with his variety of offers. (A full purchase of the 69%, or buying 51 % and maintaining the Glazer presence, knowing full well he will have the power to make decisions and with the agreement to kick out Glazer's in 2 years time).
Yes, we do not know what his plans are in the immediate post take over or indeed how he will finance the the renovation to the stadium and the new training ground in the longer term. But he is clearly focused on acquiring the club and getting out of the Glazer's hands. Ratcliffe must have anticipated that this was going to be arduous and gruelling in itself.
Obviously, I do not know the ins and outs of this, but this process has lost it's logical flow and this has impacted on Ten Hag plans for next season. Also, the employees and supporters do not know where we stand.
