Amazing business that. Come back when its completely knackered it'll take even longer and more money to rebuild it.
Club Sale | It’s done!
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I get the feeling that the Glazers decided a while ago that they would not sell 100% unless it was a ridiculous bid of say £8-9bn
And this kind of minority investment deal was of no interest to 92F, it's all or nothing for them, so the only bid that offered real change was sadly doomed
Have you not seen the quote about ineos "hoping" this 25% leads to a complete takeover
They’re assuming that had it not been for the Ineos bid, the Glazers would’ve just accepted Jassim’s. Bonkers stuff!
Brailsford taking control? Is he any better than Joel Glazer of Tampa, Florida?
Interesting video from Statman Dave.
So in the grand great schemes of things - when we want to sign some players that we're tracking, who's the person that our DOF is going to get permission from ?
Joel ? That always is being in the US and its needed to wait hours to contact him because of an opposite hours ?
Or Sir Brailsford or SJR ?
Because our transfers have always been directly tied to the money that Joel is sitting on and doesn't let go and wants to be person with the last word.
I don't remember any year that we had a defined transfer budget. We always acted according to Joel and Avram's whims.
Joel ? That always is being in the US and its needed to wait hours to contact him because of an opposite hours ?
Or Sir Brailsford or SJR ?
Because our transfers have always been directly tied to the money that Joel is sitting on and doesn't let go and wants to be person with the last word.
I don't remember any year that we had a defined transfer budget. We always acted according to Joel and Avram's whims.
If it translates to ‘leaving no stone unturned’ and having attention to detail in the pursuit of success than that’s fine.
One of the aspects of City’s success has been their approach to everything from their squad building plan to having fantastic facilities. We spend enough money to compete without Qatari money we just need to spend it better and with better direction.
I think, for the sake of discussions - - going around with transfer committees, football control, IF Glazers will accept Ineos to sell Rashford or fire ETH just because they have football control is just to make the thread lively..
But the bottom line is Glazers staying after a historic 'looking for strategic review' is the worst decision ever. There is no way about it. People will try to get sound bites to make the situation better but the first and the most important thing we needed to do is to make maximum pressure for Glazers to leave.
Sadly, that won't happen again. The ship has already sailed. As someone else said, in 3-4 years we will be looking at selling the club again, going round the cycle, the same we usually go through in managers..
Ineos will be like God sent in the first year then it will start wrongly in 2nd season, then 3rd season we will be in a very toxic place full of leaks
from both Ineos & Glazers. Remember arsenal under the 2 owners.
But the bottom line is Glazers staying after a historic 'looking for strategic review' is the worst decision ever. There is no way about it. People will try to get sound bites to make the situation better but the first and the most important thing we needed to do is to make maximum pressure for Glazers to leave.
Sadly, that won't happen again. The ship has already sailed. As someone else said, in 3-4 years we will be looking at selling the club again, going round the cycle, the same we usually go through in managers..
Ineos will be like God sent in the first year then it will start wrongly in 2nd season, then 3rd season we will be in a very toxic place full of leaks
from both Ineos & Glazers. Remember arsenal under the 2 owners.So we are basically agreeing both are worse and that's my point. This is not a catastrophic change which we all were expecting. Just another refined Glazer model .
Qatar atleast has the money and will continue to spend the money. Not sure about that with Jim.
Completely agree. I think they heavily preferred a minority investment right from the start.
If the situation wasn't sad this would be unbelievably funny. Folks trying mental gymnastics that would make a flat earther or Maga guy proud to make themselves believe that the guy with 70-75% votes isn't going to have much say in running of the football club because he is outnumbered 2-1 in a made up committe.
The irony! Which is this guy with 70-75% votes?
Glazer
which one?
Joel glazer ,who is on the committee with ratcliffe and brailsford. Earlier it was avram and Joel making all decisions now it would be ratcliffe and Joel, people are kidding themselves if they think ratcliffe will run this thing solo with no glazer input. They control the purse strings and they will have their big stupid say to run us further into the ground.
Exactly
How does he have 70-75% votes?
Now you are just being thick on purpose, glazers own 95% of the voting rights, say we go optimistic and glazers sold 25% of those shares to Ratcliffe that still leaves them with 70% shares. All glazers don't run united only 2 did, Avram and Joel, and now it might be just 1, so Joel glazer would effectively have 70% voting rights backing him in any decision.
I just want to say that the Groundhog Sale thread has become one of my favourites in the Caf history as it's a very interesting case study in human behaviour.
We're stuck in a process in which there's barely any real updates for the most part of a year, everything changes, everything stays the same, nobody knows anything and everybody's strong opinionated and mad about it. Garbage sources become A tier and then garbage again depending on the preconcieved notions of the poster, facts are being born from the mere act of being reported by someone and, even though the process is coming to an end, there's no one around to really answer the most simple questions regarding the sale (which can be explained by the NDA, I know) like what's the valuation, what's the share the buyer gets and who is he buying it from, or who is in the board of directors.
This really belongs in a time capsule at this point. We may as well enjoy the ride.
We're stuck in a process in which there's barely any real updates for the most part of a year, everything changes, everything stays the same, nobody knows anything and everybody's strong opinionated and mad about it. Garbage sources become A tier and then garbage again depending on the preconcieved notions of the poster, facts are being born from the mere act of being reported by someone and, even though the process is coming to an end, there's no one around to really answer the most simple questions regarding the sale (which can be explained by the NDA, I know) like what's the valuation, what's the share the buyer gets and who is he buying it from, or who is in the board of directors.
This really belongs in a time capsule at this point. We may as well enjoy the ride.
Is Jassim officially out on reliable sources? And has there been official sources Ineos is in?
Pretty much, yes. Or at least, nobody has contradicted to that.
Hasn't all the moaning and complaining for the past year been about how the Glazers can't agree amongst themselves about how to sell the club? How oh the four siblings want to sell to Qatar but the two don't want to sell now? Now all of a sudden, the Glazers are a hivemind led by Joel Glazer? If they really wanted have a clear say in the footballing matter then why not have a 7 man commitee; 6 Glazers and 1 Ratcliffe? Why not? Maybe, just maybe, the other 5 Glazers just don't care about the sporting matters and are just happy keeping their shares, doing nothing and making money (like the evidence of of the last how many years suggest)? or maybe, juuuusst maybe, that we just don't know what's going on as that process just seems to be starting now to flatten out the details; so yeah lets wait on this to actually get sorted before getting your knickers in a twist.
Mister Marginal Gains.
Lots of people looking at Ineos and how they’re paying a huge sum to be in charge of the football side and don’t believe the Glazers will have any say.
Try looking at it from the other side, the glazer side. Still owning 57% of the business where a couple of bad seasons could be disastrous with no champs league money, a reduction in sponsorship from adidas (if that’s in the new contract) and if they’re are still looking to take dividends, the club needs to perform semi well and turn a profit.
Ineos will surely perform better than Woodward with a proper team in place but will Avram/Joel allow them to have free reign.
Try looking at it from the other side, the glazer side. Still owning 57% of the business where a couple of bad seasons could be disastrous with no champs league money, a reduction in sponsorship from adidas (if that’s in the new contract) and if they’re are still looking to take dividends, the club needs to perform semi well and turn a profit.
Ineos will surely perform better than Woodward with a proper team in place but will Avram/Joel allow them to have free reign.
No, I don't think either is worse if it pulls control away from full Glazer remit.
So again to reiterate what you said and what are known facts, other glazers don't care about football side of the club, Joel has been the point guy and been running united for last decade. So which part of Joel represents the glazers who hold 70% voting share in a committe with ratcliffe and his guy who holds 25% do you disagree with?
It's not that we don't know anything, it's more you wish you didn't know anything and are burying your head in the sand because if you think on shit you do know, the rosy SJR is going to change things picture people have painted in their heads peels right off and it becomes clear united aren't going to change much.
Not even that they may not understand it, just flip it over simply...
Glazers buy 25% of Ineos, would Ineos accept Glazers to have full control over all chemical business in Ineos?
All the narratives is just to confuse fans more, and kick the can down the road.
Until Mark Kleinman confirms something, I won't be so sure. He broke 2 news which have been very significant in all this.
First, about Glazers looking for strategic review. 1 day later the club confirmed this.
Second, Ineos will do a minority sale of 25%. 1 week later every other person has confirmed Ineos 25% bid.
But crucially, Mark didn't talk about Jassim walking away, or the deal being done, or a Thursday board meeting, or any other thing.
It does look he has Glazers word on this or someone who is in heart of the process. I believe if he has any significant news to make, he will make it almost immediately. Till then nothing is confirmed that much.
People need to forget about jassim, qatar is out. Whatever happens it's Ratcliffe or nothing from here on out.
Almost every possible source said he was out over the weekend. It was quite clearly a brief.
Latest twist apparently a three-man committee of J Glazer, Ratcliffe and Brailsford to run football decisions. This just keeps getting better.
The slight difference here is that the 25% is a stepping stone, initiated by the Glazers themselves, towards a potential full takeover by Ratcliffe, it's hardly comparable to your example. It's always going to be a process where whoever comes in is going to require, and get, more and more control. There's obviously going to be some kinks, especially depending on the timeline, and neither Ratcliffe or Glazers will accept a situation where the other one can completely destroy the values, doesn't mean it's not overall positive.
the point you’re missing is this:you dont know the details, you can hardly imagine the dynamics between major stakeholders. You assume a lot of things and consider them postive.
imho the most likely outcome is that the Glazers take Jim’s money, hope the club increases in value/ cashflows improve and they will kick Jim out
feck me.That’s horrendous.
How are they going to do that?
Yep. So far, this amounts to a prolonged period of uncertainty and aimlessness that now seems likely to result in more unclarity dumped on top of the chaos and incompetence that's already there.
Any sources?
That football committee is going to be something else Well at least it won't get boring with United. We really never fail to amuse.
Well at least it won't get boring with United. We really never fail to amuse.I'm feeling a bit better now having read up on Brailsford. Our gegenpress is going to make Liverpool's look like child play once he gets his system going.
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