Club Sale | It’s done!

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bludsucker

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Just a guess, but if they expect United to double in valuation over the next decade then they are more likely to be amenable to keeping their shares. Not all of them of course, just the ones with a vague interest in United and remaining in an appreciating asset.
Doesn’t make sense to remain as a minority owner as the new owner can keep on diluting their stake by bringing in money and keep issuing shares. Unless United’s valuation will treble over the next few years which is not going to happen.
 

glazed

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This is the part I don't understand. Why would they want to stay when they've no interest in football, are detested figures, earning themselves a paltry million a year when they each could take a billion and adios amigo?

It's probably been explained in the last 1300 pages or so but I just don't have either the will or the energy to go looking.
They think the shares will be worth more in the future. Or they have done a deal with SJR to somehow get more. Or they are trying to screw more from Qatar. Who knows.
 

alanjohnson

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I touched on the idea of new tech monetisation of football in the future, but overlooked the fact that should such technology really come, people won't give a toss about a little ball game when they're locked into the metaverse.
 

Pexbo

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I touched on the idea of new tech monetisation of football in the future, but overlooked the fact that should such technology really come, people won't give a toss about a little ball game when they're locked into the metaverse.
VR match attendance will be a thing in the not too distant future
 

Ottawa MLS Fan

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This is what I asked about the other week as there surely must be something in place between the parasites and the new owner in regards to transfers if this isn’t completed soon as it’d negatively affect the club in their transfer business.

I’m guessing the parasites will clear the credit balance in order for us to spend on transfers then they’ll be reimbursed by the new owner or any outgoings for transfers will be included in the takeover deal amount, you’d like to think any new owner wouldn’t want to come in hamstrung from the off due to the parasites dragging this out because of their greed and incompetence.

The parasites won’t clear the credit balances, that would imply that they put money into United which has never happened. There are payments coming into the club shortly (tv money etc.) which will be used to clear the credit card ready to use it again for transfers.
 

Moriarty

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UKIP is a right wing party.

Your lefty mates went right wing in their old age.
SWP was anti-EU. Tony Benn called it a 'bosses club' and he was right. The SWP was against it and writers like John Pilger condemned it. I'm old Labour to the core and I stand by what the comrades in the SWP wrote about Brexit and the EU at the time of the vote. Anyway, this is getting way off topic, but of you're interested: https://socialistworker.co.uk/what-...union-is-a-bosses-club-and-can-t-be-reformed/
 

jasT1981

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Realistically, is it fair to say this deal isn't going to get done in time for a proper transfer window, and the Glazers won't want to spend in it if they are on the way out as owners?

Meaning we are going to have a summer of limbo.
 

DOTA

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Realistically, is it fair to say this deal isn't going to get done in time for a proper transfer window, and the Glazers won't want to spend in it if they are on the way out?

Meaning we are going to have a summer of limbo.
Yeah, we're a bit fecked in the short term.
 

Tyrion

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Doesn’t make sense to remain as a minority owner as the new owner can keep on diluting their stake by bringing in money and keep issuing shares. Unless United’s valuation will treble over the next few years which is not going to happen.
I guess that makes sense. Why would any major businessman want to be a minority shareholder then?
 

Forevergiggs1

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Just a guess, but if they expect United to double in valuation over the next decade then they are more likely to be amenable to keeping their shares. Not all of them of course, just the ones with a vague interest in United and remaining in an appreciating asset.
Sure would be a risky business. The football bubble could burst just as easily as the club doubling it's value in the next decade. Still the interest they could earn on a billion each over the next decade would probably be greater than any future sales dividends they could rake in and as it would be relatively risk free, makes me inclined to agree with @glazed that they're playing Russian roulette with the Qataris.
 

Raoul

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Doesn’t make sense to remain as a minority owner as the new owner can keep on diluting their stake by bringing in money and keep issuing shares. Unless United’s valuation will treble over the next few years which is not going to happen.
But why would the majority owner of any company deliberately dilute the share price of a company they own ? If anything, it would be in their interest to make the price go up, and likewise, if the two Glazer brothers were to remain, they would want it as well.
 

FujiVice

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Realistically, is it fair to say this deal isn't going to get done in time for a proper transfer window, and the Glazers won't want to spend in it if they are on the way out as owners?

Meaning we are going to have a summer of limbo.
Money talks as they say. I dont see why not if it gets done in the next 4-6 weeks. Ratcliffe (and I assume Qatar are the same) want to take over as soon as the hand his shaken on the real. I think both would be pretty ill prepared if they didnt have an immediate vision for when they take over.
 

MarkoDolohov

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Im quite surprised that a lot of people don't want Ratcliffe because of he was pro Brexit.
I thought England was mad for Brexit yet everyone on here seems to be a remainer. :lol:
He moved his assets/residency to Monaco as well. So much for all the "boyhood Man United" fan from Failsworth despite having a season ticket for Chelsea and tweaking for them last year. Its a shame we'll end up with the rat but hey, we have no control over it so no point getting too down over it. Pretty apt that he has rat in his name as well tbh
 

glazed

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Sure would be a risky business. The football bubble could burst just as easily as the club doubling it's value in the next decade. Still the interest they could earn on a billion each over the next decade would probably be greater than any future sales dividends they could rake in and as it would be relatively risk free, makes me inclined to agree with @glazed that they're playing Russian roulette with the Qataris.
The only thing I'm sure of it that it's not because they care about football.
 

jasT1981

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Money talks as they say. I dont see why not if it gets done in the next 4-6 weeks. Ratcliffe (and I assume Qatar are the same) want to take over as soon as the hand his shaken on the real. I think both would be pretty ill prepared if they didnt have an immediate vision for when they take over.
Once its agreed do they not have to go through the 'League owners and Directors' test, which could hold things up until they look into it and approve though?
 

FujiVice

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Once its agreed do they not have to go through the 'League owners and Directors' test, which could hold things up until they look into it and approve though?
I imagine if it is Ratcliffe, that would be fairly straight forward. Him and his team have been involved in the game for years now, and he's got a British passport.
 

AFC NimbleThumb

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I find it startling how people who have been directly impacted by Brexit cannot realise that the final accounts of the effects of Brexit, be it a success or failure, are not due within a year or two after its implementation. Maybe these people just understand that you need to give it 20-30 years before you can say anything with any sort of validity?
You continue to not actually respond to what is written. No one is talking about Brexits ‘final accounts’ but ok. . .

As someone whose business involves import & export from/to the EU & as any quick google search will attest, the impacts of Brexit were felt pretty immediately.

The pound plummeted to a generational low in the immediacy of the vote, & has never recovered. Another immediate impact.

Brexit is not a short term or a long term thing explicitly so if it takes a person 20-30 years to realise your buying power is less today than it was before the vote then said person isn’t just loveless but bloody clueless.

I find it startling you’re talking about something 20-30 years into the future when actual impacts i. the short term could be discussed. It’s almost as if you’re having a discussion in bad faith. . .
Make sure you don't label him as one, or suspected one, again.
The irony. You’re labelling me for doing something I categorically haven’t.

Make sure you don’t say posters are calling people things when they are not again.

I didn’t read the rest, move on.
 

DownRiver

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This weekend is probably the most important since the Glazer’s announcement of putting the club for sale/investment.
 

DownRiver

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Why? Are we going to know tomorrow? I'm not following this as closely of course.
Well, INEOS's bid is favoured with the hope of confirmation by next week, as INEOS's valuation is higher since the second round. However, the Qataris are wanting to make a last-ditch effort for a higher counterbid to win; this is most likely happing this weekend.

I think the Qataris may offer Joel and Avram a route to stay if they had always wanted to stay.
 

Berbaclass

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Sir Jim Ratcliffe and Sheikh Jassim of Qatar are in the DARK over the Glazers' thinking and timetable for sale of Man United, with stories about the Brit being in pole position believed to be a play to squeeze out even BIGGER bids
  • Ratcliffe's bid team have been given no indication of where they currently stand
  • They feel their offer to leave the Glazers with 20 per cent of the club is attractive
  • Bidder Ratcliffe is 'eyeing a move for Graham Potter to become Nice manager
Both the principal bidders for Manchester United are in the dark over the Glazers' thinking and the timetable for any sale.

Sources close to both Sir Jim Ratcliffe and to Sheikh Jassim of Qatar feel that stories about Ratcliffe now being in pole position may in fact be part of strategic play by New York bankers Raine to squeeze yet bigger bids from both parties.

Ratcliffe's bid team are understood to have been given no indication of where they currently stand but feel comfortable that their offer to leave the Glazers with 20 per cent of the club is attractive.


It is not clear how such a deal would be constructed, given another 31 per cent of the club is owned by non-Glazer shareholders.

But if Ratcliffe bought 49 per cent of the Glazers' current 69 per cent holding for at least £2.5billion, it would value the club at more than £5bn.


United's share price on the New York Stock Exchange had fallen to $18.12 (£14.54) by close of trading on Friday, giving the club a market cap of $2.96bn (£2.38bn).

Any sale above £5bn would be extraordinary, and yet it seems Raine and the Glazers still think they can get more.

Those with knowledge of Sheikh Jassim's thinking expect that rumours will continue to circulate about the ebb and flow of the auction, and the sheikh remains in the dark on when things may finally conclude or which way they'll go.

There is an acceptance that Raine and/or the Glazers might simply be trying to maximise the sales price, but Sheikh Jassim also remains confident in his bid of around £5bn for 100 per cent of the club.

'Ultimately it's up to the Glazers what they want to do and where we go from here,' said one source.

'The process has always been a very fluid one and, crucially, has never had a set timeframe - though clearly the fans would like one for understandable reasons.'
 

Raynaldo-dossantos

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No surprise. Glazers shithousing it to the bitter end.
https://www.dailymail.co.uk/sport/f...assim-Qatar-DARK-Glazers-sale-Man-United.html

Sources close to both Sir Jim Ratcliffe and to Sheikh Jassim of Qatar feel that stories about Ratcliffe now being in pole position may in fact be part of strategic play by New York bankers Raine to squeeze yet bigger bids from both parties.
Any sale above £5bn would be extraordinary, and yet it seems Raine and the Glazers still think they can get more.
There is an acceptance that Raine and/or the Glazers might simply be trying to maximise the sales price
A clickbait story without any kind of real news from The Mail on Sunday. If I want to read speculation whose premise is that the Glazers want more money, there are many posts here that I can read.
 
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lostcauz

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A right circus but what else would you expect from the Glazers. Determined to drag this out as long as possible until £6B is reached.

At this point, I wish SJ and SJR would just form a consortium and say here’s the single bid, take it or leave it.
 

sepulturite

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Strange that this is the mail and it's not Mike Keegan writing it, would've thought he'd have something to say by now
 

DOTA

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Presumably the Glazers share the same confusion the rest of us have with how willing to be beaten the Qataris seem to be and are repeatedly trying to hint it's time they got serious if they're gonna.
 

NK86

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I've known of 5 people from the neighbourhood I grew up in being lured there for high paying labour work, but forced to work and live in horrible conditions for a portion of the promised pay, any dissent and you're basically doing unpaid work, and basically trapped cause your passport is confiscated; all that with no health, safety and legal support. They eventually made it back home after months and months of trying, and not in a box which was lucky given what they had to go through. All this just in the neighbourhood I grew up in. So, yeah I'd say that poster's connotation is quite close to reality.
It seems highly anecdotal because I also know of people going there as migrant workforce but not seeing such conditions. Again, not saying there aren't problems but problems are there is most countries. Labour exploitation is not specific to Qatar and that does not mean all migrants are exploited.
 

NK86

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But why would the majority owner of any company deliberately dilute the share price of a company they own ? If anything, it would be in their interest to make the price go up, and likewise, if the two Glazer brothers were to remain, they would want it as well.
They wouldn't be diluting their shares because they will be the ones pumping in money. Unless they take out a rights issues with new shares for everyone to invest in. Moreover we know Glazers don't invest out of pocket, so they will be diluted for sure.
 

Raynaldo-dossantos

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Presumably the Glazers share the same confusion the rest of us have with how willing to be beaten the Qataris seem to be and are repeatedly trying to hint it's time they got serious if they're gonna.
They could of course just tell them to pay or get bent.
 
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