Club Sale | It’s done!

Status
Not open for further replies.

MDFC Manager

Full Member
Joined
Dec 26, 2005
Messages
24,307
Some fans have convinced themselves that state ownership is the only way we will ever be successful again. It's the case for clubs like City and Newcastle but not for United. With competent ownership that invests in the club and appoints the right people we can get back to the top again.
Yes of course, and people will come around when we get our house in order.
 

Salford_Red83

New Member
Newbie
Joined
Nov 1, 2021
Messages
343
I don’t think fans are passive - I just think that they’re exhausted by it all now.

When you actually think about it, it’s like a really bad dream. We’re one of the biggest football clubs in world football yet we behave like a Championship outfit, have a management structure from the 1990s and a stadium/training facilities which wouldn’t look out of place in the 90s too.

Fans are helpless. We can’t do anything, in the grand scheme of things.
I seem to recall fans getting the Liverpool match called off because of a protest. Sustained actions like that, and persistence with sponsors is whats needed.

But for some reason we're just like "meh... can't do anything", and complain to each other on an internet forum while the footballing world literally passes us by!

Like WTF?? Because of the leeches in charge we are just a husk of what we once were, Manchester United in name only. Old Trafford is a dump, Carrington not much better, The Cliff is falling apart, we don't have a proper footballing structure in place. What happened to our standards? What happened to our demands of being best in class? No wonder mediocrity permeates the team on the pitch when our protests and standards are mediocre themselves.

They Glazers see us as their meal ticket, a brand to be exploited. How people aren't at the end of their tether about this and realise more is needed than a few chants and banners at games is beyond me!
 

Rood

nostradamus like gloater
Scout
Joined
Jun 21, 2008
Messages
21,339
Location
@United_Hour
Like being gutted? Not sure why you think vulture capitalism is somehow more noble than being stewarded as a prestige project revolving around both on-field success and community-initiatives, from which the ownership gains some combination of reflected pride and soft-power. Neither of them are ideal compared to fan ownership, but what the Glazers do is a whole different species of malignant, both in principle and in 'its fruits'. City fans may get a few barbs but they've also had beautiful football, great players., victories and money flowing into the area around the stadium.

If you want to go broader, Glazers and ownerships like them have bought into and corrupted politics and Western 'national interests' as much as any Middle Easterner, including think-tanks and PACs that contribute in varying degrees to democracy deficits, tax avoidance, austerity initiatives that cause measurable levels of death and disease, prevarication around global warming etc, all just for their bottom line. They're at least as morally tainted as any orientalised wealthy Middle Easterner, and don't even seem to appreciate concepts like honour or maintenance of sporting institutions, both of which City Group and Newcastle's investors at least seem to have a clearer working sense of when it comes to the optics of their actions, no matter how much of it is about buying respectability: a lot of people just choose to apply lenses selectively.
Although I'm loath to give the cheats over at City that much credit, you make some very good points about the standard moral arguments which to me have little logic or worth once you actually dive into them (no doubt one of the usual suspects will be along soon to scream 'whataboutery').

Those who preferred to stay with the Glazers and support a decade of mismanagement over a full sale to the 92 Foundation clearly don't have the best interests of Manchester United at heart.
 

Pickle85

Full Member
Joined
Mar 15, 2021
Messages
6,574
So out of interest, what would a Qatar based bidder have to do / be for you to not decide from your armchair that they’re a ‘state bid’?

I’m interested because you say, ‘no’, but I’m not sure that’s really an honest answer.
There would need to be less mystery around the bid's figurehead, more transparency around their ties (or lack thereof) to the state and more information about where the source of the funds, to name three things.
 

FlawlessThaw

most 'know it all' poster
Joined
Oct 26, 2005
Messages
29,601
Those who preferred to stay with the Glazers and support a decade of mismanagement over a full sale to the 92 Foundation clearly don't have the best interests of Manchester United at heart.
That's my view on it as well. Some people considered us to be successful based on a 3rd position place last year but the cracks were also showing last season as well
 

Pes6Monster

New Member
Newbie
Joined
Jul 11, 2023
Messages
499
That'll be about the time Brexit finally becomes a success.
Alas, Brexit has already succeeded. The UK has left the EU.

It's a single issue, not a political vehicle. I agree other political vehicles (Labour, Tory, Farage et al) have appropriated it, but Brexit remains (ho ho) a single issue topic.

It's likely going to work out just fine for Ratcliffe, also, which is why he'll have encouraged it with such brazen lies but such disregard for the rights of others does return us to serious points regarding Qatar's ruling executive.

That's my view on it as well. Some people considered us to be successful based on a 3rd position place last year but the cracks were also showing last season as well
Yes, we were far from perfect last season but it was a step forward. This term is like a marathon in reverse, though, a return to the dark days of Ole's execution. Grim, and precipitated by a poor transfer window.

I seem to recall fans getting the Liverpool match called off because of a protest. Sustained actions like that, and persistence with sponsors is whats needed...But for some reason we're just like "meh... can't do anything", and complain to each other on an internet
People were prosecuted for the Liverpool game, and face serious legal sanctions, still.

Furthermore, the fanbase, as this thread proves, are split on what they want next.

Do you think people should get arrested, lose their jobs and face financial ruin in the good name of Qatar or Ineos, all because we don't win a quad every season, OT lacks a Jumbotron and we can't sign Mbappe?

Lead by example and stop complaining online.
 

Pexbo

Winner of the 'I'm not reading that' medal.
Joined
Jun 2, 2009
Messages
68,735
Location
Brizzle
Supports
Big Days
This next international break in mid-November finally feels like "the one" where we get a deal officially announced. Prayers up that Jimbo is in it for a controlling stake.
I think you’re being incredibly naive and the truth is that we are nowhere near Ratcliffe and the Glazers agreeing terms.
 

Pes6Monster

New Member
Newbie
Joined
Jul 11, 2023
Messages
499
Those who preferred to stay with the Glazers and support a decade of mismanagement over a full sale to the 92 Foundation clearly don't have the best interests of Manchester United at heart.
It's quite simple, really.

United finishing winning the lot every season, lording it over the Scousers and city, signing whoever we want and OT being the bestest stadium in the whole wide world is not more important than human rights and yes, that includes the human rights of other people.

Of course, you might think Qatar's abysmal record is somehow mitigated by Ratcliffe's business practices or 'the West', but we'd hate to scream 'whataboutery', wouldn't we?

I think you’re being incredibly naive and the truth is that we are nowhere near Ratcliffe and the Glazers agreeing terms.
We don't particularly know 'the truth' as we aren't privy to the negotiation. Could be concluded within an hour, or in November, could take ten months, could not happen at all. We don't know.

There would need to be less mystery around the bid's figurehead, more transparency around their ties (or lack thereof) to the state and more information about where the source of the funds, to name three things.
We already know 'our' Jassim is a state actor, in fairness.
 

putzmcgee123

New Member
Newbie
Joined
May 30, 2023
Messages
475
I don’t think selling to Qatar is an option now for the Glazer’s and their contacts. The war and the implications kinda took that bid off the table.

Outside issues have put any Qatari ownership of us on hold until the Glazer’s have long departed our club.

I do actually think Qatar, Dubai or Saudi will own us someday still. They will just wait for more receptive owners in the future. 5-10 years.

Jassim is still young so I don’t think he’ll be overly bothered waiting.

I get the feeling Jim will be an egotist running our club for a vanity project and on the whole coming short in the next decade. I struggle to see any other outcome.
I have a very hard time believing the war had anything to do with it. If Jassim came back on October 8 with £10B, I don't think the Glazers would have thought twice before taking the bag and running.

On the future ownership point, the M.O. of these Gulf states in football has typically been to buy a (relatively) cheaper club and pour boatloads of cash into investing in it. Personally, I think it's a combination of: 1) their money goes a lot farther if they buy a smaller club for cheap and dump money into investments, and 2) buying a smaller, less accomplished club allows them to make it more "in their own image" and not have a rich history overarching them.

Their interest in Manchester United represented a deviation from the norm to me. I would not be so sure any of them will be back, especially with how heavily the Saudis have invested in their own league.
 

TempusFugit

New Member
Newbie
Joined
Oct 16, 2020
Messages
247
The Glazers value the club at something ridiculous like £6.5b. At this point in time either some mysterious billionaire who's also a Utd fan pays up ( would require a miracle) or we're stuck with the Glazers for at least 3 more years. Maybe more because they're very reluctant to lose their cash cow. Jassim and his group were willing to pay over £5b which imo is fair for a club almost £1b in debt, but the Glazers wanted even more. It's like we won the lottery for the worst owners around.

Based on info that's floating around the Glazers and Ratcliffe are yet to agree on a pathway for him to eventually acquire full control of the club, so we're in for some more misery. The Qatari bid was perfect for the club but we can't have nice things, can we? Instead we've got Ratcliffe giving the Glazers the investment they've always wanted while we're still hundreds of millions in debt with the club declining in all aspects.
 

Greck

Full Member
Joined
Dec 1, 2016
Messages
7,099
Based on info that's floating around the Glazers and Ratcliffe are yet to agree on a pathway for him to eventually acquire full control of the club, so we're in for some more misery. The Qatari bid was perfect for the club but we can't have nice things, can we? Instead we've got Ratcliffe giving the Glazers the investment they've always wanted while we're still hundreds of millions in debt with the club declining in all aspects.
They are probably trying to give him the Rangnick premium package where they make vague, unenforceable assurances that they totally plan on honoring. Pinkie swear.
 

Kinsella

Copy & Paste Merchant
Joined
Jan 20, 2012
Messages
2,766
Roll your eyes all you want, he's still right.
He’s only ‘right’ if you assume that without the Ineos bid the Glazer’s would’ve just sold the club lock, stock and barrel to Jassim/Qatar.

However, all the evidence proves that to be a false assumption. It also ignores the obvious fact that the presence of Ratcliffe/Ineos in the bidding process produced higher bids from Jassim/Qatar than otherwise would’ve been the case.
 

putzmcgee123

New Member
Newbie
Joined
May 30, 2023
Messages
475
He’s only ‘right’ if you assume that without the Ineos bid the Glazer’s would’ve just sold the club lock, stock and barrel to Jassim/Qatar.

However, all the evidence proves that to be a false assumption. It also ignores the obvious fact that the presence of Ratcliffe/Ineos in the bidding process produced greater bids from Jassim/Qatar than otherwise would’ve been the case.
Some are still in either the anger or denial stage of grieving. It seems Jassim didn't have the best bid for the Glazers, but it's easier to just blame Ratcliffe. Jassim had the chance to pay whatever pie in the sky valuation that would have seen all 6 Glazers agree to sell in full now, but he didn't do it.

Separately, the Glazers were almost certainly already exploring investment opportunities in the weeks or months leading up to the official announcement. It is likely none of the investment funds were giving them the terms they wanted so they went down this route.
 

Hernandez - BFA

The Way to Fly
Joined
Jan 5, 2011
Messages
17,319
The sooner this deal goes through, and Ratcliffe has the right sporting people in the hot seats the better.
I worry that Ten Hagg will go before this happens, and we'll end up with a poor decision prior to their arrival.
 

FerociousCorgis

Full Member
Joined
Jun 20, 2017
Messages
4,361
i just fail to see how any sort of concrete path is agreed upon to future ownership. if that was the case there would be a full sale now. Not like they will want less money in the future, and if he couldnt afford the full price now see no reason to assume that somehow Ratcliffe will be able to buy some now, pump the money needed into the club, and at the same time still have the money down the line to fully buy out the leeches. Really needs to be a full sale. Nightmare scenario is they use the money to just hold down the debt enough to be in the exact same scenario in 3-5 years where we still a staggering amount of debt that is rapidly increasing due to interest rates with no improvements in the overall club.
 

Ahmer Baig

Full Member
Joined
Jul 8, 2017
Messages
3,181
Isnt there any other billionaire besides these 2 who may be a fan of club and wants to buy the club?
 

lostcauz

New Member
Newbie
Joined
Oct 25, 2012
Messages
598
The Glazers value the club at something ridiculous like £6.5b. At this point in time either some mysterious billionaire who's also a Utd fan pays up ( would require a miracle) or we're stuck with the Glazers for at least 3 more years. Maybe more because they're very reluctant to lose their cash cow. Jassim and his group were willing to pay over £5b which imo is fair for a club almost £1b in debt, but the Glazers wanted even more. It's like we won the lottery for the worst owners around.

Based on info that's floating around the Glazers and Ratcliffe are yet to agree on a pathway for him to eventually acquire full control of the club, so we're in for some more misery. The Qatari bid was perfect for the club but we can't have nice things, can we? Instead we've got Ratcliffe giving the Glazers the investment they've always wanted while we're still hundreds of millions in debt with the club declining in all aspects.
It’s difficult to see who else would be interested in buying the club at a later stage, Qatar won’t go through the hassle again.
In a few years when the Glazers think the club is worth £8B, they will ask for £10B because they think that’s the future value.

SJR has to have a agreement on a future full takeover but how do you come to a agreed valuation when the Glazers price it so highly and the valuation could rise by billions in the next few years when SJR wants to complete the takeover.
If he doesn’t have a route to full ownership, it makes the situation even more confusing. Who wants to buy the Glazer shares and have the majority sharehold but not be able to control the football side, makes their shares worthless. Could the Glazers sell their shares from under JR and pass the footballing control onto new owners and stitch him up?
 

19Dan81

New Member
Newbie
Joined
Mar 17, 2014
Messages
74
"Erik ten Hag is a great coach and that is always good for Manchester United," "But Manchester United are a commercial club, so it's a difficult choice for a coach. He'd better go to a football club. "I'm not going to advise him, he'll call me himself. But he must choose a football club and not a commercial club.' - Louis van Gaal, 2022.

How anyone can see that changing under a different manager, or sporting structure with Teflon Dave Brailsford, Jean-Claude Blanc and Paul Mitchell is beyond me since the direction of the club still comes from the Glazers. People that use this club as a commercial entertainment brand that relies on social media interactions, impressions and reach to grow its value. They're obsessed with growing the brand beyond the egregious survey of "1.1 Billion fans and followers in the world." No, you're not having £30m for 16-year-old Jude Bellingham when we have Paul Pogba(ck) and his hundreds of millions of followers on social media, Sanchez playing pianos and having record breaking views on our YouTube clips of vibes.

Until the Glazers are fully gone we'll never be a football club.
 

Greck

Full Member
Joined
Dec 1, 2016
Messages
7,099
It’s difficult to see who else would be interested in buying the club at a later stage, Qatar won’t go through the hassle again.
In a few years when the Glazers think the club is worth £8B, they will ask for £10B because they think that’s the future value.

Sir James Arthur Ratcliffe FIChemE has to have a agreement on a future full takeover but how do you come to a agreed valuation when the Glazers price it so highly and the valuation could rise by billions in the next few years when Sir James Arthur Ratcliffe FIChemE wants to complete the takeover.
If he doesn’t have a route to full ownership, it makes the situation even more confusing. Who wants to buy the Glazer shares and have the majority sharehold but not be able to control the football side, makes their shares worthless. Could the Glazers sell their shares from under JR and pass the footballing control onto new owners and stitch him up?
Agree. So messed up how much the glazers are willing to screw potential investors and whatever is left of the club just to get their hands on that imaginary extra billion. If they can't find a sucker to meet their valuation they are perfectly fine letting us flirt with insolvency. This isn't some masterclass in negotiation either. Make no mistake any other business would be insolvent under this level of mismanagement. Because 6bn and having someone pay off their 1bn debt is a lowball offer.
 

Salford_Red83

New Member
Newbie
Joined
Nov 1, 2021
Messages
343
Alas, Brexit has already succeeded. The UK has left the EU.

It's a single issue, not a political vehicle. I agree other political vehicles (Labour, Tory, Farage et al) have appropriated it, but Brexit remains (ho ho) a single issue topic.

It's likely going to work out just fine for Ratcliffe, also, which is why he'll have encouraged it with such brazen lies but such disregard for the rights of others does return us to serious points regarding Qatar's ruling executive.



Yes, we were far from perfect last season but it was a step forward. This term is like a marathon in reverse, though, a return to the dark days of Ole's execution. Grim, and precipitated by a poor transfer window.



People were prosecuted for the Liverpool game, and face serious legal sanctions, still.

Furthermore, the fanbase, as this thread proves, are split on what they want next.

Do you think people should get arrested, lose their jobs and face financial ruin in the good name of Qatar or Ineos, all because we don't win a quad every season, OT lacks a Jumbotron and we can't sign Mbappe?


Lead by example and stop complaining online.
Quite a simplistic viewpoint and totally missing my point.

Its not about any of that.

20+ years of directionless Glazer ownership have led to this point. And all we do as a collective is complain to each, and put out banners and sing anti Glazer chants.
I'm not talking protests that break the law, but we have it within our power as a collective to shine a spotlight on the Glazers, but we don't.

So here we are.
 

croadyman

Full Member
Joined
Mar 9, 2018
Messages
34,780
The sooner this deal goes through, and Ratcliffe has the right sporting people in the hot seats the better.
I worry that Ten Hagg will go before this happens, and we'll end up with a poor decision prior to their arrival.
Be very surprised if that happens
 

Rood

nostradamus like gloater
Scout
Joined
Jun 21, 2008
Messages
21,339
Location
@United_Hour
It's quite simple, really.

United finishing winning the lot every season, lording it over the Scousers and city, signing whoever we want and OT being the bestest stadium in the whole wide world is not more important than human rights and yes, that includes the human rights of other people.

Of course, you might think Qatar's abysmal record is somehow mitigated by Ratcliffe's business practices or 'the West', but we'd hate to scream 'whataboutery', wouldn't we?
Your mistake is believing that who owns our club has any effect on human rights - it really doesnt.

Sheikh Jassim has walked away, are human rights in Qatar (or anywhere in the world) improving as a result? Obviously not.

Clearly all bidders have issues on a moral level, unfortunately there is no ethical ownership option available to us, so a waste of time getting moralistic IMO.

Best to focus on what's best for Manchester United and that was clearly the option that removed the Glazers, cleared the debts and invested in the stadium.

If Sir Jim can get a proper takeover sorted then it's better than nothing but still huge questions about the debt, stadium etc.
 

Rood

nostradamus like gloater
Scout
Joined
Jun 21, 2008
Messages
21,339
Location
@United_Hour
Quite a simplistic viewpoint and totally missing my point.

Its not about any of that.

20+ years of directionless Glazer ownership have led to this point. And all we do as a collective is complain to each, and put out banners and sing anti Glazer chants.
I'm not talking protests that break the law, but we have it within our power as a collective to shine a spotlight on the Glazers, but we don't.

So here we are.
Obviously there are protests shining a light on the issue all the time, not sure what else you want, but ultimately the fans have little say in this.

We just have to wait and see what the billionaires decide
 

Acquire Me

Full Member
Joined
Jun 15, 2006
Messages
8,401
Location
Norway
The sooner this deal goes through, and Ratcliffe has the right sporting people in the hot seats the better.
I worry that Ten Hagg will go before this happens, and we'll end up with a poor decision prior to their arrival.
I think ten Hag is safe. Well at least that make sense. Making such decisions before the deal goes through would be extremely unprofessional. Sir Jim will back ten Hag and in the long run that will be great for us.
 

Sied

I..erm..love U2, baby?
Joined
Nov 28, 2013
Messages
10,333
Earlier in this thread there was a theory that higher interest rates was a bit part of the reason behind the sale. Was this ever disproved?
 

Tom Van Persie

No relation
Joined
Dec 12, 2012
Messages
24,574

i has been told that negotiations have accelerated in the fortnight since Sheikh Jassim Bin Hamad Al Thani’s Nine Two Foundation withdrew from the takeover process. Ratcliffe’s Ineos group have been working “night and day” to conclude the investment however neither a resolution nor an announcement on a deal is anticipated this week.

Instead it will be next week “at the earliest” although the expectation is the deal will be rubber stamped well before the end of November. “There’s still confidence the deal will be done,” a source close to the bid told i.
 

Beckham77

New Member
Newbie
Joined
Aug 30, 2016
Messages
43
I'm at the point now where I genuinely couldn't give a feck about being morally in the right with regards to a sale to Qatar. I just want these lizard Yank arseholes gone. Couldn't care less where the next owner comes from.

I have zero confidence either that Sir Jim is going to be able to pony up the required cash in a few years which will buy the Glazers remaining shares.
 

Pes6Monster

New Member
Newbie
Joined
Jul 11, 2023
Messages
499
I'm not talking protests that break the law, but we have it within our power as a collective to shine a spotlight on the Glazers, but we don't.
But we do!

Your mistake is believing that who owns our club has any effect on human rights - it really doesnt.
Not once have I thought Qatar's deplorable human rights record is contingent on their owning United. Like with UAE and city, they're attempting to manufacture consent.

You've been told on that before, Rood.

Clearly all bidders have issues on a moral level, unfortunately there is no ethical ownership option available to us, so a waste of time getting moralistic IMO.
There it is.

The 'whataboutery', leading to a classic false equivalence, which you earlier decried in your opponent's analysis.

I wonder if you actually realise you are doing it.

Earlier in this thread there was a theory that higher interest rates was a bit part of the reason behind the sale. Was this ever disproved?
Erm, yeah. Sure?

Muppetier's Post
He has to have transfers removed from him. I like EtH, but after Antony and Mount, I think it's necessary.
 

Pexbo

Winner of the 'I'm not reading that' medal.
Joined
Jun 2, 2009
Messages
68,735
Location
Brizzle
Supports
Big Days
Jesus what sort of confidence boost is that for the players who know they are his signings? It’s a toxic situation.
 

Garethw

scored 25-30 goals a season as a right footed RW
Joined
Feb 7, 2005
Messages
17,007
Location
England:
Jesus what sort of confidence boost is that for the players who know they are his signings? It’s a toxic situation.
Not exactly helpful when confidence throughout the team is already at rock bottom.
 

colombianmancunian

New Member
Newbie
Joined
Aug 26, 2022
Messages
732
Those who preferred to stay with the Glazers and support a decade of mismanagement over a full sale to the 92 Foundation clearly don't have the best interests of Manchester United at heart.
This.

What happened is the worst outcome possible. Ratboy’s money is going to the Glazer’s pocket, and Jimmy haven’t make an statement of clearing the debt or investing in facilities and/or players. He basically just gave the leeches breathing air when they were desperate. Now Qatar will probably buy Liverpool and they will become a force to be recounted with, while we drown in mediocrity.
 
Status
Not open for further replies.