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Manchester United reaches agreement for Sir Jim Ratcliffe to acquire 25% of the company
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When the remaining 75 %?
Finally! Happy Christmas everyone, hopefully we can be taken into a new positive direction.
Let's fecking go! First thing I want to hear is Murtough out, followed by Ten Hag when we have a plan.
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So it’s him not Ineos?
He can't be worse than the Glazers, can he?
At fecking last, now bring on the revival please.
It's INEOs
Great news.
Does it really mean anything? Glazers are still the overlords. Ineos/Ratcliffe is just some vassal.
Wow, that's come out of left field!
No it isn’t.
YESSSSS
He's in charge of football operations, it will hopefully be an improvement in team performance in the longer term.
Another nail in the coffin for our club.
They arent, individually he owns more and they don’t all agree on things so as a group they don’t count.
He controls the footballing side, in black and white signed and sealed.
He won’t need or have to report anything to the Glazers.
Sky reporting he also is buying the NYSE shares too
Statement says Trawler Limited is purchasing the 25%.
I called this deal turkeys voting for christmas so it’s funny this has come out when it has.
I’m waiting for all the, ‘this is a good deal cause he’ll be getting full control eventually’ brigade to perform their world class gymnastics on this one.
Clearly says ‘acquire up to 25%’, you’ve literally backed the Glazers staying in charge indefinitely.
Merry Christmas Glazers.
I’m waiting for all the, ‘this is a good deal cause he’ll be getting full control eventually’ brigade to perform their world class gymnastics on this one.
Clearly says ‘acquire up to 25%’, you’ve literally backed the Glazers staying in charge indefinitely.
Merry Christmas Glazers.
“Every journey begins with a single step”.
Step 1. Feeling positive
Step 1. Feeling positive
it will be SJR backed by INEOS, much like it would have been Jassim backed by state of Qatar.
Not officially but we all know it.
Sorry did I miss the part of the release where the Glazers were leaving. Oh yea, football control so people can pretend this charade is acceptable.
It’s literally a brand new holding company owned 100% by SJR.
Ineos owns no shares.
Glazers Xmas bonus
as I said, will be backed by INEOS, not officially but through the back door.
The Glazers do not want to sell so what do you do
Probably a loophole to initially get passed the multi club issue of Ineos owning Nice.
That doesn’t make any sense but ok, I can’t be arsed getting into a a circular argument with no foundation.
I’m simply stating the fact that the minority ownership that results from this deal is owned by SJR personally, and not Ineos.
Feels like they’ve been here forever anyway.
The “delegated responsibility … all aspects of the men’s and women’s operations and Academies” bit is the important bit and I’m sure someone like Ratcliffe would have got the wording of that VERY clearly laid down
If the Glazers aren't in charge of football operations, that's really the improvement we need.
As owners they don't really have a problem with throwing money around blindly, they just need some guidance on how to throw it around.
And if we do well enough to make them a big profit on a full sale, they will do it.
As owners they don't really have a problem with throwing money around blindly, they just need some guidance on how to throw it around.
And if we do well enough to make them a big profit on a full sale, they will do it.
Any news on the stock price?
Sky said SJR has offered to buy then all at £26
We're not becoming a state sponsored sports washing project and the Glazers have lost some control. That's a win for now.
Lovely. Hope he initiates a revolution at the club but with the Glazers still there, can’t help but feel their presence / ownership / connections will continue to create problems.
About fecking time!
It’s very Christmasy, because both Glazers haters and Glazers themselves will take it as a good news.
I try to stay positive, too
I try to stay positive, too
Precisely. They've gotten a cash injection to allow them to retain control of the club and a figure-head in Ratcliffe who'll also serve as a shield for on-field performances.
No debt is being wiped out and $300m is a drop in the bucket when you look at big infrastructural changes which are required both for the stadium as well as academy.
Good. Finally lets hope there are competent people running football affairs.
To all the doom mongers lighten up it's at least a fecking start.
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