its a mess if Raine are in effect surplus to a sale, when they have been instructed to make the sale (and of course be paid for it)
Club Sale | It’s done!
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The money in football is ridiculous.
6 Billion what a joke you can house all the world’s homeless with that money. The level of inequality in modern societies is absurd.
6 Billion what a joke you can house all the world’s homeless with that money. The level of inequality in modern societies is absurd.
Why would he go to his dad? His dad doesn’t have close to the net wealth to buy us either.
Interesting theory but complete speculation based on a dodgy source (El Pais)
Still it does make sense that they might be waiting until CL qualification is secure to fix a price
Not unusual for a buyer and seller to start talking directly rather than through intermediary by this point in the process either - Raine will get paid either way so they won't give a shit
Much of the rest sounds like fantasy though
No it isn’t, it’d work in a similar way when you sell a property and have a survey done. In this instance given the lack of investment and huge debts that need attention we’d be valued considerably less than the £6b price tag the Glazers have asked for.
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This myth was squashed weeks ago - I guess you missed the memo
There's a fairly big possibility that he has. Don't use Forbes valuation as face value when it comes to rich individuals from the Gulf.
Don't know what to think anymore
It's all BS. No one truly knows anything, there's an NDA in place and I'm sure if there were any leaks from Sheikh Jassim's camp it wouldn't come from El País, a Spanish newspaper. The same article reported the Glazers want to spend £500M this summer.
Here's direct quote from the article translated to English:
It's all BS. No one truly knows anything, there's an NDA in place and I'm sure if there were any leaks from Sheikh Jassim's camp it wouldn't come from El País, a Spanish newspaper. The same article reported the Glazers want to spend £500M this summer.
Here's direct quote from the article translated to English:
Gas me up!
That doesn't quite have the same ring to it. If it makes you feel better, they also export a lot of oil.
Sounds like something chatgpt would spit out, given the right prompt.
Jassim's an individual investor now?
Fair enough. However I can't recall anyone owning two clubs at the size of United and PSG
It's a terrible sign if Raine has fallen out with Qatar. These guys are world-class professionals.
The Swedish rumble is a budget copy of the Swiss ramble. Grain of salt.
Think he posts here
He does. It's the Messier account. He's a good poster by all means but that post reads like pure speculation.
All these rumours are a bag of wank, just a journos wet dream this saga.
IF there was any truth about this particular rumour, then I'd imagine raine hasn't fallen out with anyone.
Qatar may just be frustrated by the delay and they doubt raine coming back to them and saying "you've been outbid, bid again"
See how these rag stories virtually write themselves?
To be fair he’s a poster on here so I wouldn’t be too harsh, no harm in giving it a shot.
I must have. Feel free to enlighten me.
Its also more than likely bullshit
Why would the big leak come via el pais
The Fake Sheikh routine? Freddy Sheppard and Sven-Göran Eriksson rolling in their graves.
Thhe only thing definite so far is that the Glazers are a total bunch of a*seholes!
Just to add to this speculation, I cant remember who it was or where it came from. Perhaps the BBC or Athletic but I remember clearly someone saying that (at the time) a Qatari take over would be very unlikely *it was Jan/Feb and that they would only be able to achieve a takeover in the summer so that they can get their ducks in a row lo and behold its now the summer and the takeover is about 7-10 days away from the next update.
Ok so on Jassim, if the above tweet is true then you can cast aside the notion that it is QSI/QIA backing the bid as they would have the funds to hand. I dont mind if Jassim is getting funding from the royal family or other means as it means the cash is freely accessible to him. Interesting.
Ok so on Jassim, if the above tweet is true then you can cast aside the notion that it is QSI/QIA backing the bid as they would have the funds to hand. I dont mind if Jassim is getting funding from the royal family or other means as it means the cash is freely accessible to him. Interesting.
Just think of what the Glazers are going to do with that money...
To think they make that having bought Manchester United with mostly debt never having had to pay it off in the decade plus before paying themselves.
Imagine if you or I could use a credit card to play the casino every year until we hit the jackpot and also paid ourselves handsomely off it, kicking the can down the road with regards to actually paying it off.
Special treatment and rules for the rich elite.
Maybe it’s the same guys who pretended they were Ander Herrera’s lawyers.
i am still gobsmacked that their acquisition of the club was legal.
It could but more importantly should’ve been challenged in the high court at the time the sale was being negotiated.
On the outset it does make sense to wait to see if we qualify for the CL but last years winners received £75m which while of course it's a lot of money shouldn't really delay a multi billion pound deal. My own take is the feckers are playing Russian roulette and if it wasn't for wanting them out so badly I'd wish they'd pull the trigger on a loaded chamber.
“Despite reports that Ineos are inept owners and are as bad as the Glazers (or possibly worse) , I still want them. As long as the big bad sheikh don’t win.”
That’s insulting to anuses.
I said a few pages back that the Glazers won't reveal anything until after the FA Cup and the season is done. The point I made is that its far easier to push the price up when the club is on the up rather than down or stagnant.
As fans you need to remove emotion from this and see it from a selling perspective.
Initially the offers were invited in from the Glazers so they knew what they could fall back on. If SJR/SJ offered £5.5bn then they know that's their fall back option.
In the meantime they can string it out waiting to see if CL qualification happens or even another trophy win. With CL qualification in the bag it's far easier to want more money, knowing full well you already have a bid on the table. It's all psychological and not emotional, they are business men.
It's a bit like buying a 2nd hand car. If you're looking at two identical cars, same mileage, same condition etc the one that stands out will always be the one who's got a full service history and just had the oil changed for good measure. Most people will buy that car even if there's not much between them because mentally you're expecting a better future from it.
United are no different. Sell a club that's OK, won a trophy, might win another one and not yet guaranteed CL football?...
Or...
Sell a club that's won a trophy, guaranteed CL football and potentially won another trophy?
I know everyone hates it, but the Glazers are the ones in control right now, they dictate everything and they will wait until the end of the season and/or at the very least, CL football is a given.
As fans you need to remove emotion from this and see it from a selling perspective.
Initially the offers were invited in from the Glazers so they knew what they could fall back on. If SJR/SJ offered £5.5bn then they know that's their fall back option.
In the meantime they can string it out waiting to see if CL qualification happens or even another trophy win. With CL qualification in the bag it's far easier to want more money, knowing full well you already have a bid on the table. It's all psychological and not emotional, they are business men.
It's a bit like buying a 2nd hand car. If you're looking at two identical cars, same mileage, same condition etc the one that stands out will always be the one who's got a full service history and just had the oil changed for good measure. Most people will buy that car even if there's not much between them because mentally you're expecting a better future from it.
United are no different. Sell a club that's OK, won a trophy, might win another one and not yet guaranteed CL football?...
Or...
Sell a club that's won a trophy, guaranteed CL football and potentially won another trophy?
I know everyone hates it, but the Glazers are the ones in control right now, they dictate everything and they will wait until the end of the season and/or at the very least, CL football is a given.
His dad is suspected to be one of the wealthiest man on earth but his net worth is hidden through shell companies and a myriad of holding companies. Now while no one knows how much he actually has, there are few clues, he is the owner of the superyacht Al Mirqab, he is a very active real estate investor and notably in London.
Here you have a quote from the FT:
His dads wealth is grossly under reported.
I assume there is a bonus when the sale / sale investment is complete
The way it usually works is that the seller will provide the investment banker with an incentivised commission structure. Eg we’ll give you this much commission if you sell it for over 6bn. That’s likely what’s happened here and why Raine are hell bent on driving the price up.
probably they charge a basic fee at the outset for their services but the real money for them is when the deal is done.
if they are charging 1% and we go for 6bn they are gonna pocket 60 million.
I think him being named as a key player in PP should be enough to counter the Forbes estimate. Also, like previously mentioned, GCC countries are notoriously known for not doing financial disclosures, especially key members of royal families.
By PP you mean Panama Papers? If so it's not just Panama Papers but also Pandora Papers.
https://offshoreleaks.icij.org/power-players/hamad-bin-jassim-al-thani
The Swedish Rumble tweet seems feasible regarding the expected return. Doesn't matter what people think the Qataris will expect a return, and the land around the stadium, plus the broader opportunities in the region will be part of this for them. If they are private investors this money is absolutely not free.
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