Club Sale | It’s done!

Status
Not open for further replies.

Andy_Cole

Full Member
Joined
Apr 15, 2009
Messages
7,977
Location
Manchester
We do a lot of business with INEOS and their processes are, shall we say, a little weird.

They ‘self-bill’ on a monthly basis, meaning we might have done 10 orders for them but we ‘can’t’ invoice them until THEY allow it! So at the end of each month we get a sheet from them, telling us which jobs (sometimes even which parts of which jobs) they’ll pay for at that particular point!

I wonder if they’ll try similar tactics with other clubs…
Pretty common big business bully tactics to be honest. The big customers self bill, set payment terms etc. all to benefit themselves and squeeze the smaller suppliers.
 

DJ_21

Evens winner of 'Odds or Evens 2022/2023'
Joined
Aug 31, 2015
Messages
12,328
Location
Manchester
Will we still be interested in that defender from Nice? I mean would Ratcliffe sign one of his best players for Nice?
 

BluesJr

Owns the moral low ground
Joined
May 15, 2013
Messages
9,052
Tell us all about it, Brent. We want the truth! :wenger:
Such boomer energy on here but it isn’t a surprise when it comes to new media. Why try to bring people down? It’s been proven time and time again he isn’t a Forest fan, if anyone still believes it they’re just being wilfully ignorant.
 

Marcelinho87

Full Member
Joined
Aug 4, 2010
Messages
7,234
Location
Barnsley
Even if theirs a chance of them shocking the world and winning their league? He won’t be the difference in us winning big trophies.
No he won't but having United on your CV is undoubtedly bigger than having Farmers League Winner x 1 - In my opinion at least.
 

DJ_21

Evens winner of 'Odds or Evens 2022/2023'
Joined
Aug 31, 2015
Messages
12,328
Location
Manchester
No he won't but having United on your CV is undoubtedly bigger than having Farmers League Winner x 1 - In my opinion at least.
Absolutely. But the original statement wasn’t about what the player wanted… it was about wether Ratcliffe would sign his best players from his other club who have a chance of finishing top 4.
 

Bert_

Full Member
Joined
Sep 7, 2022
Messages
1,551
Location
Manchester
Such boomer energy on here but it isn’t a surprise when it comes to new media. Why try to bring people down? It’s been proven time and time again he isn’t a Forest fan, if anyone still believes it they’re just being wilfully ignorant.
None of the "old media" pundits get a pass on here either. They also don't get defended as much as a dude on youtube who provides about as much insight as the matchday threads do on here.
 

sglowrider

Thinks the caf is 'wokeish'.
Joined
Dec 27, 2009
Messages
25,217
Location
Hell on Earth
We do a lot of business with INEOS and their processes are, shall we say, a little weird.

They ‘self-bill’ on a monthly basis, meaning we might have done 10 orders for them but we ‘can’t’ invoice them until THEY allow it! So at the end of each month we get a sheet from them, telling us which jobs (sometimes even which parts of which jobs) they’ll pay for at that particular point!

I wonder if they’ll try similar tactics with other clubs…
Weird. You see this in some countries in 3rd world nations -- especially those with poor cashflow issues.
 

Marcus

Full Member
Joined
Oct 3, 1999
Messages
6,145
With the CEO being removed, now movement on ownership is no longer speculative but inevitable.
 

aganley

New Member
Newbie
Joined
Jun 29, 2018
Messages
93
Seriously?? :lol:
What a plonker.
Maybe he's not the plonker, but only trying to highlight the fact that the Glazers are pocketing 600 million and are still the majority share holders, after they gave the impression they wanted a full sale, with Jim enabling them to screw the club over even more.
 

Andy_Cole

Full Member
Joined
Apr 15, 2009
Messages
7,977
Location
Manchester
It's funny how someone had to pay $1.5bn to come in and sort United's upper level management out. Glazers should be paying someone to do this but are getting paid to get this done. It's actually bizarre if you think about it.

It's like United are held hostage and the kidnappers are getting paid to free United bit by bit.
 

Offsideagain

Full Member
Joined
Jan 3, 2014
Messages
1,714
Location
Cheshire
2.30 UK time is what you need to keep an eye on. That's when the NYSE opens and if any deals are done, they have to be announced there first. I hope it's this week, but I fear it will just drag on and on whilst the Glazers figure out how to squeeze more money out of Sir Jim.
 

TrebleChamp99

Supports Liverpool
Joined
Dec 27, 2021
Messages
1,077
I was convinced it would be last week.
Im just waiting for the breaking news from Jacobs et al.

"Noise indicates there will be no announcement this week, still lots to agree and figure out. Anticipation is announcement will now be mid next week or the week after as to not interfere with the Everton game and the key game vs Galatasary in the Champions League, Glazers also keen to avoid thanksgiving"

Then again when that comes round.

In fact it may not be announced till the checks are passed in relation to directors and owners test.
 

Offsideagain

Full Member
Joined
Jan 3, 2014
Messages
1,714
Location
Cheshire
We do a lot of business with INEOS and their processes are, shall we say, a little weird.

They ‘self-bill’ on a monthly basis, meaning we might have done 10 orders for them but we ‘can’t’ invoice them until THEY allow it! So at the end of each month we get a sheet from them, telling us which jobs (sometimes even which parts of which jobs) they’ll pay for at that particular point!

I wonder if they’ll try similar tactics with other clubs…
I used to work for ICI where the terms for payment from customers was the 25th day of the month following the month of invoice i.e. order 1st November, pay 25th December. I've just had a look at Ineos T&C's. Jesus you need to be a Lawyer to get though it all, but I picked out they charge 10% interest from the due date until payment plus 500 Euros for admin costs and losses. No wonder he's a billionaire. ICI were the worst payers in the world by the way. With all these things, you don't have to accept their T&C's and I bet your T&C's state that you don't recognise the sellers/buyers T&C's. They have you by the proverbials.
 

Flying high

Full Member
Joined
Jul 19, 2015
Messages
1,745
Goldbridge raised over 50k for Marie Curie this weekend gone. :)
Raised? Did he take out a loan? Or did he sucker people into giving him money so he could give it to charity?

Beats selling 'merch', I guess.

And better than pretending to be a United fan so people will watch his fake outrage crap.
 

JB08

Searches for nude pics of Marcos Rojo
Joined
Mar 16, 2013
Messages
8,427
All very well celebrating him going but I would at least wait first to see who is coming in.
 
Status
Not open for further replies.