92 Foundation v Project Trawler
Club Sale | It’s done!
- Thread starter JB08
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Ineos isn’t buying anything, the thread title needs fixing.
Yes. The only way Glazers would ever sell outright was a ridiculous bid. It's going to be a slow campaign to get rid of them, little bit at a time.
Well not really theres no road to a full takeover. The debt is still there. The stadium needs doing in which 300m will give it a lick of paint
Shit deal. The only shining light is the Glazers no longer have sporting control but he's not exactly set the world alight at his other clubs and with only 25% he wont be pumping millions in i think
& so the moaning begins
Surely to feck theyve been able to start assessing in some capacity long before today
We can finally close this thread
Where was I moaning? I’m just pointing out the fact that SJR personally is the one buying the shares, not Ineos.
And rightly so
Look at the deal its awful
Sir Jim/ Qatar whoever takes control I couldn't care less but at 25% its awful for the club
300m dollars will get us a new roof at OT and a new coat of paint
Glazers were on their knees and Jim has given them a lifeline.
It is but people are still moaning as they wanted them out in one go
Things happen so quickly in football, lads. One day the Glazers announce they are exploring strategic alternatives and then just 13 short months later - as if out of nowhere - Jimothy Ratcliffe swoops in and snags a cool 25% of the club in a moment no one could have anticipated.
Merry feckin’ Christmas.
Merry feckin’ Christmas.
Hope they start by firing everyone in the footballing board into the sun.
You think they’d allow to asses the clubs inner workings before purchasing the club? Heck allow him to look at the whole inner workings of the club and then pull out the deal.Surely to feck theyve been able to start assessing in some capacity long before today
Little bit concerning the lack of detail I must say.
Murtough to the moooon!
When you buy a financial asset, like shares in a football club, that is called an investment.
Get in. Fecking get in. Irrespective of how it works, how long it takes, it's better than no shot at making things better under the Glazers which seemed the only real alternative. Happy Xmas all and may 2024 finally be the year we start to resurrect our club.
Ok
Article
It's not?
Fair comment. I do think it wouldn’t take too much effort to figure out what’s going wrong from the outside though!
People need to look at Chelsea as the ghost of Christmas future to see what can happen with a fast and total change of regime!
It’s called due diligence.
Pretty much this.
Who says it's going towards Old Trafford. I grant you this, $300m wont touch the surface at Old Trafford, however thats a pretty big amount of money when you look at renovating Carrington for first team, womens and juniors
No mention of the debt...
No path to full ownership is insane. Jim is desperate for going through with this, it's a bad deal. Glazers mugged everyone off big time
Kaveh the robot not impressed. Think he wanted the fake sheik.
Yes it's absolutely a good thing. If it hadn't come with sporting control then it would have been pointless.
There are no guarantees, but these guys coming in have experience running football operations and that's a million percent more than the Glazers will ever have
Haha - great write up of how drawn out such an underwhelming "strategic alternative" this has been.
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They never had any intention of touching it.
I wanted the qataris and I'm not ashamed to admit it. I'm not disappointed with this appointment but I'm not buzzing and don't share the optimism as some others do. I don't think it's necessarily more of the same as I once did, I think Ratcliffe wants to make a good go of it which is more than the glazers, but I don't know if he's the right man for the job. Still, the names linked with DOF and all the structure of the club are a good sign.
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I really don't feel good about this. Nothing about it feels right. Just my gut.
This is why I wanted Qatar btw, all this is utter BS. Nothing will change
Finally some good news for the club.
Long way back but no one can possibly do worse than the Glazers at running the football side of the club.
I think part of the $300m will be bailing us out of the FFP hole we're in.
Long way back but no one can possibly do worse than the Glazers at running the football side of the club.
I think part of the $300m will be bailing us out of the FFP hole we're in.
I know. It’s always a risk however it happens.
I’m happy enough with this though, especially with the fact there’s clear investment and a clear removal of the Glazers from sporting operations (which is what we need).
They haven’t been bad in growing the company really so perhaps them finally recognising they don’t have a clue about football and letting go of control in that area is all we need to get things going again on pitch.
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