Maybe he was knowingly helping the turds raise their price?Surely Jim must've known his bid was never possible?
Then surely Jassim's people must've known and all?Maybe he was knowingly helping the turds raise their price?
‘Help us get to 6b dollars and we’ll repay the favour’.
Of course it’s massively affecting every fecking deal.Tweet
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Not necessarily.Then surely Jassim's people must've known and all?
Just don't spread the minority investment stuff in here because we don't wanna hear itIt's obvious what is going to happen
Ask yourself if you really believe that Ineos dropping out (which is hypothetical because we don't know that for sure yet) means they'll just make it an easy transaction with Qatar
It's clear how they operate, they need to pit bidders against each other. If it won't be INEOS, it'll just be somebody else and the next available thing will be the likes of Carlyle. And IMO it is naive to think we don't have weeks ahead of this, if not months, due to the Glazer's greed.
Guarantee you that over the next days and weeks, we will hear much more about the minority investment
Exactly they knew their only fight was with the Glazers themselves on whether they wanted to sell or not ?Exactly. Yet there were folk on here in the pro Brexit Jimmy camp who were trying to suggest the Qatari’s were handling this like amateurs.
Bloomberg journalist has a source that has briefed him that it’s now dead.Seen a lot of posts saying sir Jim's bid is dead? Wonder if its just the usual tripe.
Well it's coming from a business expert David Hellier not Hillier who played for Arsenal. He was on the Utd View with Flex earlier today talking about the takeover situationSeen a lot of posts saying sir Jim's bid is dead? Wonder if its just the usual tripe.
Well it's coming from a business expert David Hellier not Hillier who played for Arsenal. He was on the Utd View with Flex earlier today talking about the takeover situation
Thanks guys I'm stuck at work so was briefly scanning and saw it from a few sketchy sources. Appreciate the info.Bloomberg journalist has a source that has briefed him that it’s now dead.
It’s a Bloomberg journalist that confirmed it this morning. Literally it’s Qatar or minority investment/nothing. That’s where the standstill currently is with the Glazers.Seen a lot of posts saying sir Jim's bid is dead? Wonder if its just the usual tripe.
Unless I've missed something, he made an offer to buy out all of the Glazers also.Obviously, SJR doesn't have the financial muscle of Qatar (duh), so he tried to solve the problem by only buying a controlling stake in the club (51%), offering the Glazers more money per share in the process.
To someone like me, with no in-depth knowledge of takeovers and regulations, that made perfect sense. I guess it's not that simple, eh?
Shareholder disputes aren't exactly uncommon either. As always an hysterical reaction over snippets of news in here.TBF the whole structure of the business end of the club is incredibly messy with a New York minority listing, A & B shares, Cayman Islands jurisdiction etc
So it's feasible that Jim's advisors are coming up with new takeover structures which sound good in theory, but won't actually stand up to legal challenge from the small but powerful (a whole list of hedge funds) minority shareholders
Every couple of weeks is more than enough, really. If something actually happens - something tangible, not just articles and tweets about who's confident of what -, you'll see it immediately from the thread title anyway.think the best approach is to pop in here at the end of each day and see if there have been developments.
Which is exactly what is being reported.If it is true that SJR bid is dead because of the minority shareholder issue, then that issue has been known for ages. So the reality would be that SJR was out weeks ago and yet the Glazers still haven't sold. That to me tells me that there is much more to all of this, and that there probably is a good chance the Glazers don't sell.
He’s summarising the Bloomberg article. He has no sources.Probably been posted but that Bloomberg journo retweeted this...
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Seems his source is the Qatar group. So not sure if their views on the SJR bid should be trusted.
He could have considered something really drastic and invested a little of his own cashPut simply, Ratcliffe knew he was up against Qatar and he wasn’t going to outmuscle them financially so had to be creative and it looks like it hasn’t worked out for him.
Been said many timesThen surely Jassim's people must've known and all?
Maybe why their offers haven't shifted THAT much if you believe the reports.Then surely Jassim's people must've known and all?
So Bloomberg were quoting Qatar sources? Not reliable then?He’s summarising the Bloomberg article. He has no sources.
And achieve what? He’s still never going to outmuscle Qatar.He could have considered something really drastic and invested a little of his own cash
Revenue vs profit with us straddled with debt. Not sustainable them staying.
He has not changed his tune. He has just reported on one of the bidders being confident of winning. Not sure why you would pick that tweet to try to justify your stance of not wanting to trust Bloomberg.
More like 6 or 7 weeks ago. Or have they made another 'take it or leave it' offer that I've missed?Which is exactly what is being reported.
The Qatari take it or leave it offer was nearly 3 weeks ago. Bloomberg sources are saying that they don’t understand what is taking so long and attribute the hold up to “The kids” referring to the Glazers being indecisive and arguing between themselves.
It needs 6 of them to sign it off, I love bashing them but it’s a multi-billion deal and the culmination of an 18 year process for them. It’s really no surprise that they are doing their best to squeeze it.
Is that confirmed as to how the decision would be made? I had been thinking the decision might be weighted by each respective shareholding % as they are not equal shareholders?Which is exactly what is being reported.
The Qatari take it or leave it offer was nearly 3 weeks ago. Bloomberg sources are saying that they don’t understand what is taking so long and attribute the hold up to “The kids” referring to the Glazers being indecisive and arguing between themselves.
It needs 6 of them to sign it off, I love bashing them but it’s a multi-billion deal and the culmination of an 18 year process for them. It’s really no surprise that they are doing their best to squeeze it.
Due diligence and lawyers looking at outcomes could have taken weeks, they may have been exploring the legality of it and whatnotIf it is true that SJR bid is dead because of the minority shareholder issue, then that issue has been known for ages. So the reality would be that SJR was out weeks ago and yet the Glazers still haven't sold. That to me tells me that there is much more to all of this, and that there probably is a good chance the Glazers don't sell.
AbsolutelyShareholder disputes aren't exactly uncommon either. As always an hysterical reaction over snippets of news in here.
Why? Those two statements can easily be true at the same time.