This is from BBC about the deadline in question:
As I said maybe I'm missing something but your interpretation of the process confuses me.
Club Sale | It’s done!
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Newcastle to Saudis took a couple of years to get across the line, I think?
There’s no way this will be sorted before the start of the season
The reports saying the company registration was done months ago are true but that was for the Nine Two Holdings entity based in Qatar. That was set up in April.
https://eservices.qfc.qa/qfcpublicregister/PublicRegisterDetails.aspx?firmid=107363
The U.K. entity being registered today on companies house is a significant move for me. Especially when you can be set up with companies house normally on the same day.
https://eservices.qfc.qa/qfcpublicregister/PublicRegisterDetails.aspx?firmid=107363
The U.K. entity being registered today on companies house is a significant move for me. Especially when you can be set up with companies house normally on the same day.
Nah I think they are basically saying the same thing. Stoney just comes off as a bit negative but probably in response to people jumping the gun and thinking its done, or exclusivity already started. Even in this thread he is getting discredited for no reason.
The second sentence of his tweet is very carefully worded too.
"Told talks continue with multiple parties."
Sounds like it's meant to make the reader think they're still in talks with INEOS, when in reality it's more likely those "multiple parties" are Raine, the various legal teams, consultants, etc. representing the club and the Qataris.
It feels like there's too much smoke just now all from what you'd expect to be reputable places. Reuters, Rio and the companies House stuff
Okay so I’m an accountant. Creating a company takes 10 minutes, with no ID, docs needed as evidence. So a sham company can be created in ease. How do we know it’s a legit company?
Can only speak for myself but my disillusion with football was topped off by them cnuts winning the treble. And you know what, I hope this takeover happens and I hope we cheat like fecking hell and I hope we get found out to be cheating. I hope we cheat and get found cheating by UEFA and the Premier League and then absolutely fecking nothing comes of it.
I hope all pundits and every major sports broadcaster going ignores all of this cheating and salivates us as “greatness”. Talks about how well we’ve been “building” and how we regenerated an area of Manchester . I then hope our manager goes around pretending he is oblivious to our cheating and then attacks every other club for being jealous.
I hope we win every league and cup competition going and then a load of pundits including one from our rival club talks about how “competitive”the game has become with our takeover, subsequent cheating and then winning
I want to hear how our cheating has made the PL a better league.i’ve heard from a friend close to the process that there’s barely anything between both offers. it’s come down to a pissing contest, with avram chosen as the judge.
edit: *kissing
edit: *kissing
I think it will rumble on into the new year.
Its pretty much the same as what Evening Stanard are saying just worded differently.
In any case, a concrete bid doesn't happen until books are opened, but you have an initial bid which was the first round bid deadline (as Raine group called it) its a first-round bid because it includes a bid (its an indicative bid, until books are opened) which is why you have to provide proof of funds.
Raine group would have been working with the bidders prior to that first deadline because a lot of documentation has to be submitted at that point. We heard the value of the potential bids before this deadline too by the way.
After that there was the second and third rounds, which concluded before Easter.
Avram always struck me as the kind of guy who's into water sports.
MailOnLine on the ball reporting a £4.7 Million deal.
Jesus wept.
(Apologies if already reported.)
Jesus wept.
(Apologies if already reported.)
The staff including Arnold have been told to carry on as usual and they'll be advised. If Fletcher knows then a journalist would also know at roughly the same time.
It did, 24 month from initial interest to completion.
Anyway, the key part for me is that I don't have any reference of deals that were that fast without exterior pressure, which leads me assume that most if not all sport franchise sales take easily 6 months to a year.
That’s a bloody bargain for Utd.
The Ronaldo deal is much different. He literally knows Ronaldo FFS.
I thought it was the massive wankfest simultaneously coming to a natural conclusion
Raine is getting the boot
Can take a bit longer for a Limited Liabilities Company in fairness Chief.
November -> April is 6 months it was a reasonable time frame put together by Raine group (considering the full sale was targetted to conclude before the season end due to the transfer window)
Where Raine group messed up is that they did not anticipate Glazers were not 100% committed to full sale and before season end.
Bear in mind also that Raine were advising for fullsale, Glazers at some point may have preferred minority (which they were attempting before anyway without success)
EDIT: In any case though, its good that we are finally hopefully heading towards a conclusion
And that person would allow Rio to leak the news?
Ask Macfarlanes
We'd have to pay more than that for Hjoland's fingernail clippings.
I guess, I mean leaks do happen. Maybe it's the case that if Qatar have essentially won the person doesn't mind Rio saying, maybe the person will get into trouble, who knows
I didn’t know that - thanks
The guy who published the Reuters piece keeps ammending it every 30 minutes it seems.
About what glazers deserve
He's speculating. Until we have multiple, credible outlets reporting the same information, it won't be taken too seriously given that its single sourced.
I think that could be accurate. Raine/Glazers wouldn't leak it just for the sake of it. I imagine it's them saying to Ineos, if they don't put an increased offer in, they lose.
What is changed?
Which makes the timeline even less reasonable. The way I see things the minimum timeline is never reasonable not when the range is up to more than a year. If you think differently fair enough.
Reuters isn't a financial institution it's a news agency company .
He just keeps editing bits here and there. Oddly enough, he hasn't changed the bit about the price going back down as low as it did, because it would seem to deflate his headline.
That was a completely different scenario and context. A whole lot of issues that needed addressing.
Mate of mine works at the club and has been told takeover is being completed by Qatar and will be leaked tonight, announced tomorrow.
He added a lot of fluff, talking about the reception of the Qatari bid from fans, added the share prices fluctuations and other things.
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