I think July 1st onwards is a realistic starting point.
Club Sale | It’s done!
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I think 'The Glazer clause' was the description of stipulations in the sale of Chelsea which the government oversaw.
Yes, but "minority investment" in the sense that the Glazers (represented by A/J) remain in control, with the other four selling out to an investor, isn't the scenario we're discussing here.
If what you mean is that A/J can't insist on remaining on board (in a drastically reduced capacity in terms of influence) if this means that the other four lose money, then yes - you may be right about that (although I have never seen any details pertaining to how the current ownership model actually is structured), but that seems a moot point: if the Qatari offer really is "much better", this will be wrapped up soon enough.
Indeed, football clubs should have a special status as community assets and be subject to different rules from other businesses. I’d like the believe the new independent regulator would have some power and jurisdiction in this area but I won’t hold my breath. This is the UK government after all. If they can find a way to feck it up they certainly will!
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I think the leeches are edging there bets to see if we get champions league football, so they can up the price
As I understand it the next stage of the process involves one of the bidders being given a period of exclusivity.
Not necessarily one. It can be two.
Assuming that INEOS and Qatar are the only bidders, that doesn’t make sense.
Rather than exclusivity it’s just a 4th round of bidding.
The idea being that the offers for investment are bidders in this context, so ruling those out does narrow it down.
The Glazers will squeeze every last penny out.
Once they reach the point where one is not willing to go above the other then they will have the period of exclusivity.
Just how I see it playing out personally.
That’s more common in situations where there are numerous bidders. In a situation like this, where there would seem to be only two credible bidders for a controlling stake, I think it’s unlikely they’ll go down that road. It doesn’t really benefit anyone.
I think this has a few twists and turns left in it yet. People claiming it’s done are jumping the gun and may end up disappointed.
Been away for a while.
What’s the latest? Is it SJR? Are we screwed?
What’s the latest? Is it SJR? Are we screwed?
It benefits the Glazers by almost turning it into an auction type situation.
No update. No one knows anything. A few rumours and opinion pieces flying around.
it’s actually all very tedious now.
Guess Manchester United football club is fair game..
The FA protects club heritage like Crest and Home shirt color but not beeing economically violated by greedy parasite owners:
https://www.thefa.com/news/2022/aug/05/protecting-club-heritage-20220805
I read about SJR offer being “valued” higher but my gut instinct tells me Qatar will still snipe at the end. A better offer based on valuation isn’t always better than a slightly lower valuation but a complete buyout.
In regards to this all affecting our summer transfer activity couldn’t the parasites just have it in writing that in the event this isn’t completed by then any transfer activity will be tacked on the sale price ? For example if we bought Kane, Caicedo, Rabiot, Frimpong and Raya at around £200 million couldn’t that amount be added to the sale total for the new owners to pay ?
Big day today.
It’s been an auction since the very start. But my point is that the granting of exclusivity to the two main bidders still standing serves no useful purpose. it adds nothing to the bidding process beyond the stench of desperation.
I had a nightmare last night that RATcliffe took over with Glazers still involved in the club but in a a smaller scale, and Brailsford took over as sporting director and we bought Ross Barkley, Kasper Schmeichel, Aaron Ramsey and Nicolas Pepe.
Maybe watch what you eat before bed.
It has but I think the difference this time will be a lot quicker paced this time around
I’m also not suggesting that both will have exclusively. They will name both as preferred then see who will go higher then whoever does will go exclusive.
It is rumoured that Raine had recommended a preferred bid after the 2nd round but it was the Glazers who pushed for a third round.
From what I’ve read I would be surprised if an exclusivity period was given now - instead I just see the winning bid declared and the deal done.
Clearly need to lay off the Jalapenos!
Still think Ratcliffe has been the Glazers useful idiot throughout this and they want a full sale. Any partial sale is going to be a complicated mess.
He is offering them a full sale.
hi all, got a question.
If Qatar does win the ownership battle; where is the money coming from? It is rumoured that SJ only has net worth of 1.1 billion (can't remember where I read the number from); how can he give 5, 6, 7 or even 8 billion in total to buy the club and continue running it without external help? Does it mean it is unavoidably to say 92 foundation or SJ himself has certain connections to the Qatar state or QSI/QIA?
Thanks
If Qatar does win the ownership battle; where is the money coming from? It is rumoured that SJ only has net worth of 1.1 billion (can't remember where I read the number from); how can he give 5, 6, 7 or even 8 billion in total to buy the club and continue running it without external help? Does it mean it is unavoidably to say 92 foundation or SJ himself has certain connections to the Qatar state or QSI/QIA?
Thanks
The club will draw down on the £200m credit facility to pay for any summer transfers, whether the Glazers are here or not. The new owners (if there are new owners) cannot 'give' United money for transfers this summer.
RATcliffe? Cringe.
Is a decision expected today?
Immaturity knows no bounds among Sheikh JASSim's supporters.
I've speculated before that the Glazers will still negotiate before deciding who to go with in an exclusivity period. Like a "hey Sheikh, Ineos have bid more, so if you want to get exclusivity you'll have to throw us another £500m in that stage" kind of deal
How does he theorise they'll make an auction of it now that the bidding stage is over?
You'll set them off.
Anagram of Sheikh Jim’s ass. Convenient, innit.
They hide this stuff in plain sight.
Nonunited win afoot is an anagram of nine two foundation. Make of that what you will.
HE’S LITERALLY TWERKING FOR THE GLAZERS IN HIS NAME.
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