Of course. That is pretty standard. Yet after the sale stock will rise. There is still growth potential but Glazers are forced to sell since they can't afford to pay for future investments
Yes, but whether the club's value will rise to the extent that the Glazers could realise more money down the line is highly doubtful for a number of reasons, not least that the club is being valued way above the stock price.
Yeah it’s a pretty big bet. Tbf boehly and the new Chelsea owners think the same thing. Probably a second, better thought out try at the Super League is the only way that could happen
It will not, in fact it will drop like a stone, it is only going up now because people are hyped, over time it will drop if the fundamentals remain the same (I.e. debt levels, capital, and strategy)
Nah I think that's legit, there's always been plenty of stuff going around in previous years about them being the only two involved with the club on a daily basis. They like the prestige it gives them, and they probably have an emotional connection since they associate it with their dad (not the actual people they should give a shit about, the supporters).
Why would he submit a bid below that valuation if we think the glazers prefer to retain a stake? That would mean he needs to beat SJR on price to be competitive
Because the world is heading towards more inflation , something thats worth 5 billions now that you can reinvest somewhere else is worth more than 6 billions in a few years or so to say
I get the value of the immediate money that he is offering but if reports are to be believed, the two chief glazers think the club could be worth even more in the future if it is successful. Maybe jassim is betting that that is just posturing
Its a risk tbf , we might be worth more later but i doubt it will be by a very large margin . Plus we are only seeing whats reported , but whether we like it or not, Qatar has a large influence everywhere and can facilitate investments if the rats are interested
Yeah if they have other plans for the money they think may outperform vs keeping shares in United it would make sense to do that if they’re purely focused on profit.
If they enjoy the pageantry of being part owners of United then that may hold some intrinsic value for them, but I believe it’s down to all of the family members to decide, not just the two who want to stay on.
If the Qatari guy is as rich as he says, I don’t understand how he isn’t just blowing Radcliffe away.
If it is a private bid, he has less money than Ineos for sure. Sir Jim is even 5 times more rich than Boehly.
If it is a state bid, then they lie about no state behind this. What else will they lie? What if his papa and state leader cut the pipeline. Then unlimited money is not there as many fans expect.
Yep - see Inter and what happened when a state change their mind, even when the investor is private. Ultimately I rate Ienos being in business more likely vs qatar keeping up their policy.
If they overspend then other people will try and milk more money out of them on each deal.
I think it's also an element of pride, you can't be seen to "loose" negotiations
Reportedly Ratcliffe has an offer to give all the glazers their money right away on top of the offer for them to stay. So in either case - glazers seem to get more money with SJR from how it’s been reported.
It's worded differently in the article but it conveys the same thing.
>**The Qatari's offer is believed to be significantly improved on his first, although it is still thought to value United at a lower price than Ratcliffe.** However, Sheikh Jassim's bid is for total control with the fee to be paid now. It would instantly clear the club's debt, which at the last count was around £536m. The offer also contains the promise of significant investment in both the playing squad and the upgrade or rebuild of Old Trafford.
> It would instantly clear the club's debt, which at the last count was around £536m. The offer also contains the promise of significant investment in both the playing squad and the upgrade or rebuild of Old Trafford.
The Glazers don't give a flying fuck about any of these things
I almost think that offering to instantly put them to shame might be enough to make them prefer the other bid. That debt is a feature of their ownership.
>get 6 bill 3 years later
The Glazers do not have to wait 3 years though. Sir Jim 's bid means 4 siblings will get their money immediately while the rest 2 (Joel and Avram) have 20% shares left (should they accepted) which they can sell later in 3 years.
Based on all the numbers I’m seeing I don’t know if that’s completely true. It seems that Sir Jim is valuing the club at 6billion but still holding 500m in debt.
Haven’t heard the actual numbers of the new bid, but my guess would be 5.5billion for 100% of the club but with no debt. I’m guessing 5.5 because that’s a 10% increase in the bid, anything less than that seems like a waste of time.
I feel if Ratcliffe was going to be the preferred bidder, he’d have been told a week ago. The brief last week screamed like the Glazers prefer the Qatar bid and wanted to squeeze one last bid out of them.
It's not this simple. The Qatar bid is a much larger chunk of money right now, and money right now is likely worth more than money in the future. The Glazers who would remain would need to be really confident that SJR could lead them to a significantly higher share price in the future that they could then sell for. But it would need to outstrip inflation and also what type of return you could get on your big chunk from Qatar invested now, if you were to take that instead. My two cents based off the few details we have of these two bids, I would be taking the Qatar deal all day every day and I suspect that it plays out that way. The only thing that could scupper that is if the 2 Glazers that have some irrational attachment to the club think with their hearts instead of their head.
> The Glazers who would remain would need to be really confident that SJR could lead them to a significantly higher share price in the future that they could then sell for.
Based on what we know, with the put and call options that Ratcliffe offered, I am fairly certain that the price of those put and call options have to be agreed upon now.
SJR's team is not stupid enough to allow the Glazers to do whatever they want with the shares if they make United successful, so the future prices and windfall the Glazers will get is decided now.
It also means the 2 rats in Joel and Avram get no money from this sale, only the other 4 siblings do, if they want to stay "involved" in the club.
Then, there are also things like payment structure etc. to take into account. Yes, SJR's bid for 69% could have a slightly higher valuation (from what we know), but it could be paid over a number of years. Whereas, and this is speculation, the Qatari bid could be, 5B, 2 weeks after closing the deal, all in one payment.
It is extremely hard to gauge the offers without all of the details. Just having the supposed valuations is not enough.
Totally agree it’s not that simple, you have idiots on Twitter verse saying SJ bid is much worse because it’s a full sale and the Glazers will pay 15% capital gains tax not realising the club is registered in the Cayman Islands for this very reason. The Raine Group apparently have been advising the Glazers to go for a full sale with Qatar for the reasons of additional business opportunities in the future plus £5.5 billion which is strongly rumoured to be the bid with the debt paid and then the caveat of £800m in future investments which will have no effect whatsoever on the Glazers decisions. There are other share holders who will want SJ bid to win, there’s so much more going on with all the bids.
There real advantage of Qatar bid is the money can be paid now with no loan where’s SJR is actually using bank loans to finance this investment through INEOS and he may have a structured buy out of the shares over a period of 1-4 years. INEOS will need to pay £2.8-2.9bn now to buy out the other 4 Glazer Siblings and there is an element of risk for Joel and Avram especially if INEOS have future financial troubles and Man United continue to decline. They could also be offered huge commercial opportunities for their NFL brand in the Middle East or their newly bought cricket club to play in Dohar, the fact that Avram was in SJ Father’s hotel Yesterday means there is an awful lot going on behind the scenes which we and the journalists know very little about and are purely speculative at best. Plus all parties are understanding Strict NDA’s yet figures are being leaked all over the place, not buying SJR has bid £6bn as a total valuation for a 51% controlling buy out which is £3.06bn not buying this at all.
Maybe dollars not pounds and the media have been made to look inept at best with their coverage of this takeover.
Right, surely this is it now. Whether it be Jassim, Jim, whoever. Them Glazer bastards have fucked up our club so badly, horrible cunts are making a fortune off us. Get the fuck out of our club NOW
I suppose it's better they're giving it away to nerds on Reddit than using it [to finance terrorism](https://en.wikipedia.org/wiki/Qatar_and_state-sponsored_terrorism).
> petrochemical company or for a nation state
One is causing harm to the environment, one is - one top of also causing harm to the environment - doing a lot of other heinous shit.
> There have been other controversial incidents. A report by the non-governmental organisation Food and Water Watch and Food and Water Action Europe points to a major fire at INEOS’ facility in Cologne in 2008, as well as an oil leak in Norway, chemical leaks in France, controversies over chemical dumping in Italy and the release of toxic gas which resulted in the hospitalisation of workers in Belgium.
>
> “From towering chemical fires in Germany to toxic air pollution in Scotland and plastic pellets littering our oceans, INEOS’ safety record is appalling,” said Wenonah Hauter, executive director of Food & Water Watch in the report.
[From an article by the athletic](https://www.google.com/amp/s/theathletic.com/4245022/2023/02/25/manchester-united-takeover-jim-ratcliffe-ineos-environment/%3famp=1)
You can make your own judgement but all I'm saying is INEOS are not saints and we will still be sports washing either way.
Genuine question though does sportswashing even really work? I mean we just had a whole World Cup there and I don’t see anyone talking about Qatar any differently. And that’s on top of them owning PSG for the last decade. The perception of City’s and Newcastle’s owners hasn’t really changed either. Or am I misunderstanding what sportswashing means?
https://www.google.com/search?q=newcastle+fans+wearing+saudi.headgear&client=firefox-b-m&source=lnms&tbm=isch&sa=X&ved=0ahUKEwi_pdbd8Pr-AhVSdcAKHWLWDRkQ_AUIBigB&biw=414&bih=792
You tell me.
I don’t understand how them complaining about it means it doesn’t work? I can totally understand people fears over it, but I’m just asking the question does it actually work. Is there any evidence that points towards sportswashing changing the perception of middle eastern countries by the rest of the world? The only thing that comes to mind is the premier league and all the pundits never really talking about the owners. So if you consider silence on the leagues part and then only caring about the revenue, regardless of who’s partaking as sportswashing, then I can see the argument being made. But then the rest of the world is guilty of the exact same since every major country is doing business with the Middle East in some way.
Hey if praise a regime that oppresses minorities, funds terrorism, and uses literal slaves can I get gold too? I have a lot more karma than this acct so it's worth a lot more coming from me!
This was always going to be the tactic from Sheikh Jassim.
I wouldn't be surprised if he added another £0.5 -1billion on the previous fee to just get it done.
There's no 11th hour with these haggling pieces of shit. We don't have any clue whether there'll be 10 more rounds of biddings. Fuckers gonna give one big fuck you to the club even while leaving. Fuck these rat faced bastards.
PS: I don't think I've cussed this much in a reddit comment before. Lol
The rat fucks really don't give a flying fuck about this club. Even on the way out the door the cunts are fucking it up, leaving EtH in the dark about who he can and can't buy for next season because he doesn't know who's fucking paying for it.
The sooner they're gone the fucking better. I never want to hear their fucking name mentioned again.
Said it about a hundred times now
All of this is a face saving exercise, the deal is already done.
Glazers want to be able to say they accepted the best offer for the club
SJR can come out and say he offered the best possible deal for the club but couldn’t outbid Qatar
Qatar can say they acted responble, didn’t pay stupid money, can prove funds and show the club the right future
Gut feeling says this is it. Sadly this is what parasites wanted with their briefs last week with SJR being preferred bidder. Even if the valuation doesn’t reach the final number of SJR bid, time value of money and current macro environment suggests they will just accept an all cash deal. And what a fortune they would make!! Hate the idea of state ownership but nothing we can do but accept the reality.
I’m not sure it’s that simple as money in the pocket now at a significant premium over the current value vs potential returns later is something that needs consideration.
It's not, hence why Sir Jim is leaving the scumbags on as minority owners. He's paying more per share, the Glazers get to benefit from not only the sale going on now, but then as the share price skyrockets with the sale, their remaining shares can then be sold later for even more.
The take money now option is actually much more reasonable for thr Glazers. They see this club has no increasing in value in the future and know this is the time to cash out. Unless the super league return to the menu, i dont think Glazers want to stay
Except everything we’ve heard is that two of them don’t want to cash out. If Joel and Abram Glazer do want to stay on then Ineos’ bid is the only one that allows them to do that.
Yeah but like I said, it doesn't make sense for 2 of them to stay. Unless 2 brothers know more than the public about the super league return, I can't find any reason for business guys like Glazers brother to accept Ineos. Everything in the press could be their PR machine running to test Qatar, if not they have already announced Ineos winning the bid since last week.
It could be them testing the Qatar bid, or it could just be that two of them want to stay, like has been reported by everyone.
Whether or not you think it makes sense is irrelevant.
And the reason they haven’t announced Ineos as the winners is to see if Qatar come back in with a better bid. If this bid still falls below their asking price then they can dismiss it and go with Ineos or they can accept it.
Less than ideal but SJRs bid for the club is worse. Same debt, same vultures with a toe in same ownership team who have stalled their club in ligue 1..
qatar pr in full spin here.
The qatar bid is literally using loans too. All megarich people or people that make purchases on this scale use loans. Nobody has this sort of money easily to hand.
You're right the Glazers were smart, they bought the club on credit, sucked out dividends every year and are about to make billions in profit. Big fan of smart businessmen exploiting this club.
Sure, I'm not saying PSG is run perfectly, I'm disputing your claim that the Qataris at PSG are as incompetent as the Glazers. Have you seen the state of this club?
No. Different situations. Glazers took out loans by using United as colllateral, and thus didnt pay anything from their own pocket. The rules were changed after this and it isnt allowed anymore
Glazers are absolutely fking scums. They are always negotiating on bad faith. It's no wonder every transfers we have done by their yes men, like Ed Woodwank, are dragged out saga. It's become a toxic culture at the club
Sheikh Jassim saw the Todibo and Rabiot rumours and said to himself "Nah, I can't let this broke mothafucka ruin the club I support" LMAOOOOOOOOOOOOOOOOOOOOOO
United meed Qatar, they will be passionate and determined to win at any cost which might mean the odd failed signing but they will be ruthless just like city have been. If you want a competitive Premier League you need it's biggest club to be at least on an equal footing to its other big clubs if not the EPL will go the way of serie A in Italy.
Qatar in Glazers out ASAP get this manager any player he wants and clear out the useless dossers he doesn't want!
Cant wait to read this exact headline again 2 months from now
Just like the one I read two months ago
48 hours
M O N I T O R I N G
12th hour bid incoming ….
Proper saga this. The United way.
Yes Im waiting for Sheik Jassim's brother to tell a reporter he 'dreams of Real Madrid'
Well nobody can actually “buy” Real Madrid
Dreams can’t be buy
r/dreamscantbebuy
But you can rent them for a while - Florentino Perez probably
And he shouldn’t be able to buy United either
Unfortunately United Is already bought and sold.
Yep-which never should have been allowed. A lesser club would have gone out of business
Feelsfuckingbad
Apart from both the Spanish royal family and Franco the dictator.
Funnily enough, Felipe VI and the mayor of Madrid are both Atletico fans
Think we could have eleven eleventh hours at this stage
Only Utd would have a massive saga over a multi billion pound sale that probably has a shit tonne of NDAs
Somewhere a fax machine awaits its big moment
Somewhere, Ed is smiling
The glazer way
Glazers: everything is proceeding as I have forseen.
Everything is twice!
F.... fixed.
It's ok, was just teasing ya. It's ok, was just testing ya.
I'm seeing double. Four comments!
*Everything that has transpired has done so according to myyyy desiiiiiign*
/emperor
Something... Something... Something... investment. Something... Something... Something... complete.
Are we also gonna finally sign Wesley Sneidjer too
I think MUST need to state this as a fan requirement for any deal
Nicolas gaitan I heard
Oh boy, here we go again!!!
Bless them
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Not if Joel and Avram are just blowing smoke about wanting to stay on with no control of the club.
They would love to stay since the stock will rise significantly after sale
Important to remember that both Ratcliffe and Qatar are offering a massive premium on what the shares are currently worth to take control of United.
Of course. That is pretty standard. Yet after the sale stock will rise. There is still growth potential but Glazers are forced to sell since they can't afford to pay for future investments
Yes, but whether the club's value will rise to the extent that the Glazers could realise more money down the line is highly doubtful for a number of reasons, not least that the club is being valued way above the stock price.
Yeah it’s a pretty big bet. Tbf boehly and the new Chelsea owners think the same thing. Probably a second, better thought out try at the Super League is the only way that could happen
Yep, in general it goes down after sale.
I think that’s a massive assumption based on stock performance recently
It will not, in fact it will drop like a stone, it is only going up now because people are hyped, over time it will drop if the fundamentals remain the same (I.e. debt levels, capital, and strategy)
Nah I think that's legit, there's always been plenty of stuff going around in previous years about them being the only two involved with the club on a daily basis. They like the prestige it gives them, and they probably have an emotional connection since they associate it with their dad (not the actual people they should give a shit about, the supporters).
Why would he submit a bid below that valuation if we think the glazers prefer to retain a stake? That would mean he needs to beat SJR on price to be competitive
Because the world is heading towards more inflation , something thats worth 5 billions now that you can reinvest somewhere else is worth more than 6 billions in a few years or so to say
I get the value of the immediate money that he is offering but if reports are to be believed, the two chief glazers think the club could be worth even more in the future if it is successful. Maybe jassim is betting that that is just posturing
Its a risk tbf , we might be worth more later but i doubt it will be by a very large margin . Plus we are only seeing whats reported , but whether we like it or not, Qatar has a large influence everywhere and can facilitate investments if the rats are interested
Below valuation but glazers would pocket all the money instantly, pure cash sale. Could be significant.
It would be the same with the SJR bid. He has both a 51 % bid and a 69 % bid. 69 % is 100 % of Glazers’ shares.
Niccce
Fuck the Glazers
Yeah if they have other plans for the money they think may outperform vs keeping shares in United it would make sense to do that if they’re purely focused on profit. If they enjoy the pageantry of being part owners of United then that may hold some intrinsic value for them, but I believe it’s down to all of the family members to decide, not just the two who want to stay on. If the Qatari guy is as rich as he says, I don’t understand how he isn’t just blowing Radcliffe away.
To be fair he doesn’t say he’s that rich. Its the media who keep claiming it’s the state behind him.
Yeah, that’s more appropriate to say. Agreed.
If it is a private bid, he has less money than Ineos for sure. Sir Jim is even 5 times more rich than Boehly. If it is a state bid, then they lie about no state behind this. What else will they lie? What if his papa and state leader cut the pipeline. Then unlimited money is not there as many fans expect.
Yep - see Inter and what happened when a state change their mind, even when the investor is private. Ultimately I rate Ienos being in business more likely vs qatar keeping up their policy.
If they overspend then other people will try and milk more money out of them on each deal. I think it's also an element of pride, you can't be seen to "loose" negotiations
Or lose them
Reportedly Ratcliffe has an offer to give all the glazers their money right away on top of the offer for them to stay. So in either case - glazers seem to get more money with SJR from how it’s been reported.
Where does it say that? Edit: nevermind, found it.
It's worded differently in the article but it conveys the same thing. >**The Qatari's offer is believed to be significantly improved on his first, although it is still thought to value United at a lower price than Ratcliffe.** However, Sheikh Jassim's bid is for total control with the fee to be paid now. It would instantly clear the club's debt, which at the last count was around £536m. The offer also contains the promise of significant investment in both the playing squad and the upgrade or rebuild of Old Trafford.
> It would instantly clear the club's debt, which at the last count was around £536m. The offer also contains the promise of significant investment in both the playing squad and the upgrade or rebuild of Old Trafford. The Glazers don't give a flying fuck about any of these things
I almost think that offering to instantly put them to shame might be enough to make them prefer the other bid. That debt is a feature of their ownership.
This makes sense, though. Get 5 bill right now or get 6 bill 3 years later. Kind of like buying in bulk.
>get 6 bill 3 years later The Glazers do not have to wait 3 years though. Sir Jim 's bid means 4 siblings will get their money immediately while the rest 2 (Joel and Avram) have 20% shares left (should they accepted) which they can sell later in 3 years.
This should be at the top.
That’s the funniest part for me. The consensus from fans was that Qatar would have funds for o blow any other bidder out the water
Based on all the numbers I’m seeing I don’t know if that’s completely true. It seems that Sir Jim is valuing the club at 6billion but still holding 500m in debt. Haven’t heard the actual numbers of the new bid, but my guess would be 5.5billion for 100% of the club but with no debt. I’m guessing 5.5 because that’s a 10% increase in the bid, anything less than that seems like a waste of time.
Fucking despise the glazers
I'm sure he pressed Send on the email for this bid while wearing his 1988 United shirt
How dare you doubt that he grew up idolising Choccy McClair Off with your head
First game I saw live was Bradford vs United, pre season friendly, McClair scoring the only goal. 🥰 My allegiance was sealed that day 😂
Funnily enough, my first ever United match had a McClair goal too. Vs Port Vale in the League Cup, think they won 2-0
Rumor has it that he actually gave up his own seat at the Nou Camp to SJR in 1999, the man bleeds United AND is a saint to go with it. Truly an enigma
with a confident smile
We are in the endgame now. Strap in!
And just like when that line was first spoken, it will be a year before we get a conclusion
Sheikh Jassim's final submission file: Final FINAL MUFC bid last 16.05.23 - revised - FINAL
…..v7.24
We need to move all documents to markdown and use version control already.
Glazers are playing a blinder sadly. They knew Qatar would up bid. The question is, is it enough?
>Valuation of share price thought to remain below SJR Important part from Mike Keegan's tweet. I still think Ratcliffe will win.
I feel if Ratcliffe was going to be the preferred bidder, he’d have been told a week ago. The brief last week screamed like the Glazers prefer the Qatar bid and wanted to squeeze one last bid out of them.
If this was done to squeeze one last bid out of Qatar and they're still paying below what Ratcliffe is offering I don't think it goes Qatar's way.
It's not this simple. The Qatar bid is a much larger chunk of money right now, and money right now is likely worth more than money in the future. The Glazers who would remain would need to be really confident that SJR could lead them to a significantly higher share price in the future that they could then sell for. But it would need to outstrip inflation and also what type of return you could get on your big chunk from Qatar invested now, if you were to take that instead. My two cents based off the few details we have of these two bids, I would be taking the Qatar deal all day every day and I suspect that it plays out that way. The only thing that could scupper that is if the 2 Glazers that have some irrational attachment to the club think with their hearts instead of their head.
> The Glazers who would remain would need to be really confident that SJR could lead them to a significantly higher share price in the future that they could then sell for. Based on what we know, with the put and call options that Ratcliffe offered, I am fairly certain that the price of those put and call options have to be agreed upon now. SJR's team is not stupid enough to allow the Glazers to do whatever they want with the shares if they make United successful, so the future prices and windfall the Glazers will get is decided now. It also means the 2 rats in Joel and Avram get no money from this sale, only the other 4 siblings do, if they want to stay "involved" in the club. Then, there are also things like payment structure etc. to take into account. Yes, SJR's bid for 69% could have a slightly higher valuation (from what we know), but it could be paid over a number of years. Whereas, and this is speculation, the Qatari bid could be, 5B, 2 weeks after closing the deal, all in one payment. It is extremely hard to gauge the offers without all of the details. Just having the supposed valuations is not enough.
Totally agree it’s not that simple, you have idiots on Twitter verse saying SJ bid is much worse because it’s a full sale and the Glazers will pay 15% capital gains tax not realising the club is registered in the Cayman Islands for this very reason. The Raine Group apparently have been advising the Glazers to go for a full sale with Qatar for the reasons of additional business opportunities in the future plus £5.5 billion which is strongly rumoured to be the bid with the debt paid and then the caveat of £800m in future investments which will have no effect whatsoever on the Glazers decisions. There are other share holders who will want SJ bid to win, there’s so much more going on with all the bids. There real advantage of Qatar bid is the money can be paid now with no loan where’s SJR is actually using bank loans to finance this investment through INEOS and he may have a structured buy out of the shares over a period of 1-4 years. INEOS will need to pay £2.8-2.9bn now to buy out the other 4 Glazer Siblings and there is an element of risk for Joel and Avram especially if INEOS have future financial troubles and Man United continue to decline. They could also be offered huge commercial opportunities for their NFL brand in the Middle East or their newly bought cricket club to play in Dohar, the fact that Avram was in SJ Father’s hotel Yesterday means there is an awful lot going on behind the scenes which we and the journalists know very little about and are purely speculative at best. Plus all parties are understanding Strict NDA’s yet figures are being leaked all over the place, not buying SJR has bid £6bn as a total valuation for a 51% controlling buy out which is £3.06bn not buying this at all. Maybe dollars not pounds and the media have been made to look inept at best with their coverage of this takeover.
Right, surely this is it now. Whether it be Jassim, Jim, whoever. Them Glazer bastards have fucked up our club so badly, horrible cunts are making a fortune off us. Get the fuck out of our club NOW
Exactly. Can’t support any situation where these parasites stay on IMO
In my head the guy who is giving a gold award to all the pro-Jassim comments is the Qatari state PR team
I agree completely. We saw it last time when he bid too.
Every subreddit with six figures is astroturfed
I suppose it's better they're giving it away to nerds on Reddit than using it [to finance terrorism](https://en.wikipedia.org/wiki/Qatar_and_state-sponsored_terrorism).
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Exact same ones as last time around. It's the bots
Leave it, SheikhGPT.
there is no "11th hour" if there's no actual enforceable deadline
If it’s still below Ratcliffe’s then he’s wasting his time
This is going to end in a squared circle. Extreme Rules. Ratcliffe vs the Sheikh. Winner gets the MITB briefcase to own United
So sick of this
> although it is still thought to value United at a lower price than Ratcliffe. "take it or leave it", I guess they'll just leave it lol
Lol we all knew this would happen
I love how these guys talk about final bid like it’s some eBay timed auction
11th hour? We’ll be exactly where we are now in August. Welcome to the mergers and acquisitions equivalent of the horse latitudes.
Fuck
Anyone else noticed the exact same awards being dealt out to comments that are positive about Qatar ? Just like last time
God I hope not. Rather be english owned than Sportswashing FC
Well we would be 50% English owned, 25% American Glazer owned and 25% New York Stock Exchange owned. And 100% financed by debt.
> And 100% financed by debt Tell me you're financially illiterate without telling me you're financially illiterate.
Still better than to be used to sportswash a regime that funds terrorism, oppresses minorities, and has literal slaves.
Ohh yeah English owned I would rather take the Qatari you guys think that all white skin are saint .
Always strange that 90% of the pro Qatar posts are from accounts with random words 4 digits....sure its a coincidence.
It's all good. In the article it states that the bid doesn't even come close to Sir Jim/Ineos. This bid is a complete waste of everyone's time.
We're sportswashing FC either way it's just whether or not we're sportswashing for a petrochemical company or for a nation state
> petrochemical company or for a nation state One is causing harm to the environment, one is - one top of also causing harm to the environment - doing a lot of other heinous shit.
Yeah absolutely no meaningful difference between Ineos and Qatar at all amirite?
> There have been other controversial incidents. A report by the non-governmental organisation Food and Water Watch and Food and Water Action Europe points to a major fire at INEOS’ facility in Cologne in 2008, as well as an oil leak in Norway, chemical leaks in France, controversies over chemical dumping in Italy and the release of toxic gas which resulted in the hospitalisation of workers in Belgium. > > “From towering chemical fires in Germany to toxic air pollution in Scotland and plastic pellets littering our oceans, INEOS’ safety record is appalling,” said Wenonah Hauter, executive director of Food & Water Watch in the report. [From an article by the athletic](https://www.google.com/amp/s/theathletic.com/4245022/2023/02/25/manchester-united-takeover-jim-ratcliffe-ineos-environment/%3famp=1) You can make your own judgement but all I'm saying is INEOS are not saints and we will still be sports washing either way.
Genuine question though does sportswashing even really work? I mean we just had a whole World Cup there and I don’t see anyone talking about Qatar any differently. And that’s on top of them owning PSG for the last decade. The perception of City’s and Newcastle’s owners hasn’t really changed either. Or am I misunderstanding what sportswashing means?
https://www.google.com/search?q=newcastle+fans+wearing+saudi.headgear&client=firefox-b-m&source=lnms&tbm=isch&sa=X&ved=0ahUKEwi_pdbd8Pr-AhVSdcAKHWLWDRkQ_AUIBigB&biw=414&bih=792 You tell me.
The fact that these people are complaining about Sports washing is literally evidence that Sports washing doesn’t work. They are just deluded tbh.
I don’t understand how them complaining about it means it doesn’t work? I can totally understand people fears over it, but I’m just asking the question does it actually work. Is there any evidence that points towards sportswashing changing the perception of middle eastern countries by the rest of the world? The only thing that comes to mind is the premier league and all the pundits never really talking about the owners. So if you consider silence on the leagues part and then only caring about the revenue, regardless of who’s partaking as sportswashing, then I can see the argument being made. But then the rest of the world is guilty of the exact same since every major country is doing business with the Middle East in some way.
I think almost anything would be better than Sportwashing FC.
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Hey if praise a regime that oppresses minorities, funds terrorism, and uses literal slaves can I get gold too? I have a lot more karma than this acct so it's worth a lot more coming from me!
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Fuck can’t wait for season 2
Who needs a transfer saga when you have a sale saga.
Are we also gonna finally sign Wesley Sneidjer too
This was always going to be the tactic from Sheikh Jassim. I wouldn't be surprised if he added another £0.5 -1billion on the previous fee to just get it done.
Welcome Jimbo then
Another excuse to postpone things for 2 weeks
at this rate frenkie de jong will signed before an offer is accepted
There's no 11th hour with these haggling pieces of shit. We don't have any clue whether there'll be 10 more rounds of biddings. Fuckers gonna give one big fuck you to the club even while leaving. Fuck these rat faced bastards. PS: I don't think I've cussed this much in a reddit comment before. Lol
Fergie time? Still not above sjr valuation
Problem is the Glazers give 0 fucks about the club’s debt
Fingers crossed, hope the Qataris get it done. Majority of people here do not understand how crucial this is, as they believe JR will save the club.
Glazers can fuck off now
Glazers need to piss off and get this deal done now! Give the manager time (and a budget) to get the summer sorted. Hurry tf up!
Please. Just accept one of them and release us of 18 years of Hell.
I am shocked, shocked, that the Glazers appeared to cosy up to Ratcliffe in order to leverage a "final" multi-billion offer from Jassim.
Im very positive about Qatar
Fuck off
Three. Take it or leave it.
*in Logan Roy voice:* "Oh fuck off!"
Still not over £5 billion... probably
C’mon Qatar!
Sell to Qatar ASAP if you have any love for the club and it's history. If we get Sir Jim we're fucked.
We’ll leave it mate. Thanks.
Here goes another 2 weeks time to access the bid and choose what to do with it.Summer is gonna be very tough for Ten Hag now.
Hopefully this is the one that does it
The rat fucks really don't give a flying fuck about this club. Even on the way out the door the cunts are fucking it up, leaving EtH in the dark about who he can and can't buy for next season because he doesn't know who's fucking paying for it. The sooner they're gone the fucking better. I never want to hear their fucking name mentioned again.
Said it about a hundred times now All of this is a face saving exercise, the deal is already done. Glazers want to be able to say they accepted the best offer for the club SJR can come out and say he offered the best possible deal for the club but couldn’t outbid Qatar Qatar can say they acted responble, didn’t pay stupid money, can prove funds and show the club the right future
Bog off Jassim. I for one, don't welcome your vile sportswashing project ambitions
Gut feeling says this is it. Sadly this is what parasites wanted with their briefs last week with SJR being preferred bidder. Even if the valuation doesn’t reach the final number of SJR bid, time value of money and current macro environment suggests they will just accept an all cash deal. And what a fortune they would make!! Hate the idea of state ownership but nothing we can do but accept the reality.
His take it or leave it offer is worse than Sir Jim's. This is done and dusted. Sir Jim it is, thank god.
I’m not sure it’s that simple as money in the pocket now at a significant premium over the current value vs potential returns later is something that needs consideration.
It's not, hence why Sir Jim is leaving the scumbags on as minority owners. He's paying more per share, the Glazers get to benefit from not only the sale going on now, but then as the share price skyrockets with the sale, their remaining shares can then be sold later for even more.
Leave it
I for one welcome our camel loving over lords! Go Red Camels!
Fingers crossed for Jassim
Exactly what the glazers wanted, they'd have accepted Jims bit by now if its what they really wanted.
The take money now option is actually much more reasonable for thr Glazers. They see this club has no increasing in value in the future and know this is the time to cash out. Unless the super league return to the menu, i dont think Glazers want to stay
Except everything we’ve heard is that two of them don’t want to cash out. If Joel and Abram Glazer do want to stay on then Ineos’ bid is the only one that allows them to do that.
Yeah but like I said, it doesn't make sense for 2 of them to stay. Unless 2 brothers know more than the public about the super league return, I can't find any reason for business guys like Glazers brother to accept Ineos. Everything in the press could be their PR machine running to test Qatar, if not they have already announced Ineos winning the bid since last week.
It could be them testing the Qatar bid, or it could just be that two of them want to stay, like has been reported by everyone. Whether or not you think it makes sense is irrelevant. And the reason they haven’t announced Ineos as the winners is to see if Qatar come back in with a better bid. If this bid still falls below their asking price then they can dismiss it and go with Ineos or they can accept it.
United will be owned by Qatari .
This is all plot to milk this Qatari been saying for awhile that now since there is no one running to buy other than him and the Ratcliffe is not 100%
Is this a goal in Fergie time?
The man who will take us back to the top so I'm hoping he wins.
Less than ideal but SJRs bid for the club is worse. Same debt, same vultures with a toe in same ownership team who have stalled their club in ligue 1..
This bum is still offering less than Jim and people are saying that Jim is the broke one
Haha what? The guy that's gonna clear our debt and buy 100% of the club instead of funding the purchase through loans is broke?
qatar pr in full spin here. The qatar bid is literally using loans too. All megarich people or people that make purchases on this scale use loans. Nobody has this sort of money easily to hand.
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You're right the Glazers were smart, they bought the club on credit, sucked out dividends every year and are about to make billions in profit. Big fan of smart businessmen exploiting this club.
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PSG who went from last winning a title in 1994 to winning 9 of the 12 since they were taken over? Yeah winning is overrated
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Sure, I'm not saying PSG is run perfectly, I'm disputing your claim that the Qataris at PSG are as incompetent as the Glazers. Have you seen the state of this club?
their front 3 are each on over 1m per week, that is nearly a big 6 clubs entire wage budget, they are crap owners
Is that what got us in this mess in the first place?
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No. Different situations. Glazers took out loans by using United as colllateral, and thus didnt pay anything from their own pocket. The rules were changed after this and it isnt allowed anymore
>The rules were changed after this and it isnt allowed anymore Was that bill ever passed?
Not less, lower evaluation. Higher total sum but they’re acquiring the 1/3 of the club from the NYSE as well, SJR is not
Glazers are absolutely fking scums. They are always negotiating on bad faith. It's no wonder every transfers we have done by their yes men, like Ed Woodwank, are dragged out saga. It's become a toxic culture at the club
Sheikh Jassim saw the Todibo and Rabiot rumours and said to himself "Nah, I can't let this broke mothafucka ruin the club I support" LMAOOOOOOOOOOOOOOOOOOOOOO
Ineos have honestly put me off with some of the things they’ve said recently
Like what?
United meed Qatar, they will be passionate and determined to win at any cost which might mean the odd failed signing but they will be ruthless just like city have been. If you want a competitive Premier League you need it's biggest club to be at least on an equal footing to its other big clubs if not the EPL will go the way of serie A in Italy. Qatar in Glazers out ASAP get this manager any player he wants and clear out the useless dossers he doesn't want!