Yep. Seemingly Joel and Avi have been desperate to wipe the debt clean for years, out of their own pocket as well but the others are having none of it.
Club Sale | It’s done!
- Thread starter JB08
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Basics economics when you run out of money, you try and borrow, when you then run out of people to lend you the money you fold or go bust not wishful thinking but someone who simply follows the money, for all we know this could be partially done but no announcement until August, great thing about a true NDA, no one but a few people actually know anything?
The wishful thinking in this thread is hilarious!
The debt however is not wishful thinking and the club 20 year loan to buy itself expires in 2025 unless you know more than the banks ?
I’ve not followed it for a number of weeks. But sounds to me like no one coughed up the full 6 billion pounds they valued the club at
He was saying he doesn’t agree with it but Joel and Avram’s argument is along the lines of nothing is their fault and if their siblings were to leave and someone is stupid enough to give them loads of money they would miraculously do a good job of running the club all of a sudden.
They’ve no intentions of selling it until they get the price they want. There’s no law that says they’ve to sell just because they announced they’re looking to sell the club.
That’s a load of crap if they’re responsible for keeping Woodward around for that long.
Joel and Avram have never done anything that gives the slightest hint that they would run the club in the right way
‘He gazed up at the goblin face. 18 years it had taken him to learn what kind of smile was hidden beneath the Glazer silence. O cruel, needless misunderstanding! O stubborn, self-willed exile from the loving breast!
Two muppet-scented tears trickled down the sides of his nose. But it was all right, everything was all right, the struggle was finished. He had won the victory over himself. He loved Big Glazer.’
Does anyone else keep misreading that title, or is it me being an idiot?
Keep reading it as "everything you read is wrong undoubtedly so" and it's really annoying
Main reason I want something to happen is so that title changes
Keep reading it as "everything you read is wrong undoubtedly so" and it's really annoying
Main reason I want something to happen is so that title changes
Wouldn't read into this, it's just an Eminence front
If the Glazers are holding out for £6B, they have gone about it in a weird and frustrating way.
Would’ve been easier to put out a statement at the beginning saying if we receive a offer of £6B+ in 2023, we will look to sell otherwise we will hang about longer.
Would’ve been easier to put out a statement at the beginning saying if we receive a offer of £6B+ in 2023, we will look to sell otherwise we will hang about longer.
£6b was the rumoured price from the very start. Early doors, Qatar announced their interest but said they would not over pay so have entered bids less than the asking price. And here we are many months later
Read that as Jordan Henderson LLC at first.... thought the fecker was already expanding his empire
Sure, but the telling thing to me is that people in 'business' are now also thinking it's dragging along farcically.
It was an attempt at a (very lame) pun
It's another nothing burger with no particularly valuable insight.
What is also telling is the pro-sportswashing 'Full Sale Only' crowd being civil and polite to the Glazer's associated leeches. People who grew fat under the worst excesses of misrule, who now are demanding an extra bit of coin via Qatar's state bid.
Lindsell Train's CEO has been branded 'our hero' on these pages.
I know where my seeds would go, and it wouldn't be on some clapped out, has been heroin addicted Cohen wannabe.
But that is just a personal opinion.
Can’t wait for the usual posters to come on playing dumb when reading this or how it’s same for both sides
100%. And we have some "experts" here telling me that it's normal for big business to take time to execute the sales.
I think most believe believe that Sheikh Jassim will buy us, but it'll take so long we'll all be emotionally scared for life and this thread may go into the 6k pages.
And knowing them, how rotten they are when they eventually receive that 6b offer, they will ask for 7b. There is no winning with them.
Its normal for us. A club that look 18 months to sign Jadon Sancho from what is essentially a big clubs feeder system. A club that famously misses releases clauses in peoples contracts then negotiates higher after the fact. We have normalised idiocy in the business world.
He's just a stockholder. He knows as much as Pexbo.
He obviously just doesn’t understand that ‘this isn’t a transfer’.
Probably cuz he’s funding the Utd transfers…
INEOS are in deep shit because I know for a fact that discussions are going on within Mercedes as to their 'input'
More likely he’s trying to scrape together enough money to buy the minority A shareholders out ?
This is the nub of the delay.
The Glazers are probably waiting on the following:
- Ineos to sort out the minority/finance issues (no wonder Sir Jim is happy to wait for himself)
- On receipt of that new Ineos terms, that Jassim ups his bid.
- Alternatively for Jassim to become so fed up he just caves in and ups his bid to finalise the deal.
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They could certainly be worried by a drastic drop as the A class shareholders could really start flexing their muscles. Those are the people they most worry about.
Even the history buffs have packed up their books and left the thread. At least we won our first double in 1994 with two sublime penalties from Eric at Wembley.
I think they’re after way more than £6B.
Oh, I dunno. The Mercy Seat was all right.
Yeah it transpires that Joel & Avram want to stay, but need to borrow to buy the ‘A’ class share holders out. I can’t see them being able to do this personally.
The senior management/directors of the club are atrocious at their jobs.
Incompetence at the highest level.
The Rwandan genocide took place this year, killing up to 800,000 people.
1994 was a very good year for hip-hop.
But he does understand that there’s a bid on the table that could pay them around $38 per share. That’s worth millions to them and other A class shareholders. These are the sort of rumblings the Glazer’s won’t like. Not threatening , yet, but expecting them to sell to Jassim is a statement of what could happen if they don’t find an agreement. A friendly shot across the bows is how I read this.
They remind me of Rachman, one of L
That was pure evil. The 'international community' stood aside and did nothing.
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