Why ?
Club Sale | It’s done!
- Thread starter JB08
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I'd heard of Sir Dave Brailsford from Atomic Habits, he was credited with revolutionizing British cycling with his marginal gains philosophy. Excited about him, to be honest.
Think people reading too much into Joel being on 3 man committee…..of course there would be a Glazer, as significant and majority shareholder, no business in their right mind would allow minority shareholders carte Blanche over all sporting matters and spend without having an approval sign off, if for sense checking purposes only.
Whatever you think of Glazers - they are not stupid. They are not going to allow some newbies the possibility to cause financial or sporting chaos to their cash cow.
I doubt very much that the structure would be that Ineos guys are waiting all the time for approval from Joel - rather that there is an agreed structure and strategy to what they are doing/planning on doing and some fiscal planning within that.
I think that it is quite normal and as long as there is full agreement on how it will work then it’s got to be a start or improvement on where we currently are.
Whatever you think of Glazers - they are not stupid. They are not going to allow some newbies the possibility to cause financial or sporting chaos to their cash cow.
I doubt very much that the structure would be that Ineos guys are waiting all the time for approval from Joel - rather that there is an agreed structure and strategy to what they are doing/planning on doing and some fiscal planning within that.
I think that it is quite normal and as long as there is full agreement on how it will work then it’s got to be a start or improvement on where we currently are.
Can you post what you've read please? My knowledge of him extends to him being a drug cheat in cycling that was never convicted.
Dude. If you form a three-man committee to run things, you don't have full agreement on how anything will work. If you did, you'd appoint someone to run it. You also don't do that for oversight - you already have the board for that. This is not a management structure, it's a power-sharing arrangement. And those you create because there is neither the agreement or the trust to run things in a more rational way.
Also, it contradicts the whole basis of the deal that has emerged over the past week. The core element of that was for the Glazers to cede control over the sporting side, with an understanding that there would a gradual phasing-out of majority ownership. If this committee idea is true, it shows clearly that the Glazers are not prepared to cede sporting control. If so, that is a potentially fundamental development.
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Sure, but not as part of a three-man committee.
This is not looking good man.
I remember when the Glazers took over. Same vibes with this ‘takeover’
Farce that the club will have to live with for the next 20+ years.
Farce that the club will have to live with for the next 20+ years.
Brailsford?! As someone who used to follow cycling, this is crazy. Totally against.
What a complete utter mess this club is.
What a complete utter mess this club is.
Most important question is when we are going to get rid of Glazers?
How do you preempt Glazers will accept what Ineos will offer in the future to buy the full control from them? Maybe after 4yrs glazers will agree to sell only 10% again.
But the fact remains,
if Glazers want to buy 25% of Ineos, even with future promise to buy 100%, they will not be given Full Control of Ineos chemical business.
All current noise is soundbites to contain the volatile fan base. Glazers will maintain supreme control over the club
Seen that word creeping into more and more articles, "hoping"...?!?!Have you not seen the quote about ineos "hoping" this 25% leads to a complete takeover
I have a deep sinking feeling that this is all getting worse....
With the best will in the world no ownership of 70%+ is going to allow a minority to make wide ranging sporting decisions without agreement. Especially as they’ve never worked with them before. The idea is probably to enable quicker actions as previously the process has been slow and cumbersome on all sporting and financial decisions/issues and board meetings are only monthly at best so it’s got be a better position than currently.
Also - no way will Ineos be pumping in this money if they think they have to go cap in hand everytime to Joel.
What do you know of him and why would he be bad for Utd
The ship already sailed. Ineos have given Glazers a very huge lifeline. You can even see, the discussion is no longer about when Glazers will leave.
Glazers now have a insulation, a bullet proof vest in form of Ineos.
This myopic attitude towards the situation is exactly why the long term outlook is so horrendous.
Brailsford is a symptom of one of my main issues with Ratcliffe and guys like him. They genuinely believe that guys like Brailsford have an expertise and insight that can transcend individual sports. There’s no world in which a guy like him should be anywhere near recruitment at a professional football club, much less one of our size. Even if you ignore - and I don’t - the obvious doping issues at Team Sky, the best case scenario is that he’d be on the high performance side of things.
I’m assuming he’ll adopt more of an overseeing sort of role, but there’s next to nothing a guy like him can add on the purely footballing side. If he’s given any genuine power in terms of the nuts and bolts on the football side of things then more fool us.
I’m assuming he’ll adopt more of an overseeing sort of role, but there’s next to nothing a guy like him can add on the purely footballing side. If he’s given any genuine power in terms of the nuts and bolts on the football side of things then more fool us.
Their regime has been propped up by minority investment, this is exactly what they have been looking for.
Personally, I think that they are now secure here for another 20 years.
With Brailsford I’m finally confident that we will get our doping game up to the same level as Liverpool and Man City which will be a big step in the right direction.
For a club that was/is crying out for a very clear structured way of going forward this messy half-way house bullshit isn't going to help at all. The Glazers in their entirety have shown themselves completely inept at running the football part of a football club.
I don't doubt for a second that it'll make all parties involved incredibly wealthy (the greedy cnuts) but in terms of fixing the myriad of problems at United, I fear it's just going to make things worse.
I don't doubt for a second that it'll make all parties involved incredibly wealthy (the greedy cnuts) but in terms of fixing the myriad of problems at United, I fear it's just going to make things worse.
Well at least i know i am imagining it. Rather that than believe the guff that Ratcliffe’s PR machine is serving out as gospel truth. Don’t tell me you also believe in the tooth fairy and santa claus.
Well, that's one perspective of what he did at Team Sky.
The other involves some pretty clear doping issues overseen by the man nicknamed "Teflon Dave".
It’s another restructure and with that will bring change. Let’s just hope it works.
Why people thought even with a hand on the footballing side the people that own the majority of the club wouldn’t want to oversea it I don’t know.
All I know it will be a lot better than Glazers and Woodward's Bristol University.
Why people thought even with a hand on the footballing side the people that own the majority of the club wouldn’t want to oversea it I don’t know.
All I know it will be a lot better than Glazers and Woodward's Bristol University.
Well considering we’ve been the slowest team in the league for years. Maybe we will finally be on a level playing field. Man City have midfielders who are 5’6” strong af and lungs like Micheal Phelps.
No it's all down to washing your hands carefully after going to the loo apparently!
Thanks!
What's the background? Why is he so bad?
Truly amazing to see so many lads just gloss over the stuff about Brailsford. Same lads wouldn't be doing so if he was being linked a role at the likes of Newcastle etc..
Kool-aid and unwarranted optimistic assumptions. If the bolded sentence is true, then the whole basis for the deal as originally described falls away. The board doesn't take running football decisions above management level, the Glazer brothers do. The board provides oversight, and accountability for decisionmakers. If the concern was to keep INEOS ultimately accountable to the majority shareholders, then that's exactly what the board does.
A 3-man committee does not constitute a better position - it just introduces an additional layer of decision-making, and one that clearly expresses - and will inevitably be shaped by - an absence of trust and common direction. It is not remotely realistic to view this as representing any form of possible improvement.
Good one.
Why would Ratcliffe pay such an obscene fee for 25% of the club without an agreement on a path forward for a full takeover?
Again, your fact is completely meaningless as it doesn't account for the more obvious fact, that the Glazers are slowly heading out the exit door. Comparing it with a normal shareholder situation is beyond daft.
This exactly. Both the owners will be hesitant to invest lest the other profit from it. And we will be in limbo until one of them fecks off all the while hoping that the one who stays is better than the other. Welcome to another decade of mediocrity.
He’s not a football guy for one is he? His speciality is cycling!! Wtf is going on
Now saying it will happen, but aren’t Board members kicked out all the time? He won’t lose his shares but could well lose his Board representation depending on how much voting power he gets out of this deal.How are they going to do that?
So... We're not going to win the moral victory trophy with Jim either?
Also just google Dr Richard Freeman and his GMC tribunal....to lose one laptop containing medical records is unfortunate...but three? and admitting that you destroyed one with a hammer because...reasons!
Wow. Didn't know about this. Worrying indeed.
Whatever happens, it will be better than it currently is. I think the last 12-18 months have probably been the toughest for the club in many peoples' living memory. Full Glazer ownership with non-commitments to focus on the football side of the club/inactivity in spending due to too many financial unknowns and restrictions. Ratcliffe coming in will at least - on paper - alleviate these concerns. Then throw in the scandals and noise around Ronaldo, Antony, Greenwood, Maguie, etc and you realize it's pretty fecking incredible what ETH has achieved in the last year, poor start to the season/seemingly questionable transfer decision this summer aside.
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