And do you think Abu Dhabi investors owning 9% of the company is resulting in Raine sabotaging their clients interests?
Club Sale | It’s done!
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In the latest episode of the United Hour Podcast, Nik (@Rood) is joined by CEO Duncan Drasdo and Financial Director Andy Green from the Manchester United Supporters Trust for a special episode on all things behind the scenes at Old Trafford including a brief history of MUST and their aims today, views on INEOS and Sir Jim Ratcliffe so far, and the Old Trafford regeneration.
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Yeah it's a really really long stretch to assume that I think.
They've been involved in city dealings though, including the stake sale to clearlake
That's a Ratcliffe brief. He always does it at the end of the week. Qatar always go Monday onwards.
I think it’s more about the potential of the Glazers staying on in any capacity than Jim though.
Not at all. Any owner that keeps the Glazers on will not be accepted.
I told you guys ages ago INEOS is winning this bid they’ve been working on the deal
For 18 months , the club has been for sale longer than the public statement.
Not sure what the Sheik Jassim thing is all about.
For 18 months , the club has been for sale longer than the public statement.
Not sure what the Sheik Jassim thing is all about.
They've been 'winning' for the last 4 months mate. They aren't even in the running their bid would have been accepted a long time ago.
This is about getting as much money as possible out of Qatar they've repeated this pattern about 4 times at this point
'Ineos are winning....Qatar up their offer'
It's so obvious after months of the same shit. I'm more certain this is nailed on for Qatar than I have been at any point.
They're the Arsenal of leading. Can't get it over the line.
If the Glazers lose control and we strengthen to acceptable levels ad all that on top of a largely successful season from ETH and the team then the anger won't be as fierce as it would be right now. Remember last summer the club fecked about in the window and only got to spend after the two defeats.
What Jim essentially needs to do if he takes over is to make serious moves on the debt, have a strong transfer window and make a commitment towards upgrading the stadium. All that heavy investment will be hard for even the skeptics to ignore.
Football is easy, especially with an established club like United - front load on the spending, go far in the CL, top three finish and lower the spending for two or three seasons, rinse and repeat. The key is in getting in the right talent spotters, the Glazers failed on this aspect.
It is true though
Mubadala Development have an ownership stake in Raine Group
Their managing director is Al Mubarak, the chairman of Man City
Abu Dhabi own 9% of raine group.
This latest article is clearly telling you two things.
1. They want to sell up completely
2. They want Qatar to match the INEOS valuation.
1. They want to sell up completely
2. They want Qatar to match the INEOS valuation.
It's quite common for journalists to be told things off the record that they can't report. It's also quite common for them to gossip like fishwives to fill a knowledge vaccuum
How far apart they are in their valuation? Thought the difference was $330M ?
It's not insurmountable. I don't get why they don't just use $500 million of the pledged money and focus on actually acquiring the club first.
I guess HBJ and or Jassim are very tough negotiators.
I also like that they are not just paying what the Glazers want because feck them, I want them to squirm
I agree with these, unfortunately.
I just really think that they’re stalling on the announcement because they know the uproar it’ll cause.
Reckon it’ll be ‘gradually’ announced in the week after the FA Cup final loss.
The news reports that it’s the Brexit Rat will get more frequent and more established until it’s finally announced officially.
Its painfully slow that's the only factor of truth that bothers me
100% this.
Weird how in all this Ratcliffe hasn’t been expected or apparently asked to increase his offer.
Someone actually said that Qatar are buying us for sportswashing, and Ineos is buying us for green washing
So in other words until you put up bid that also reaches £6bn Jassim this will remain the case
It's the 'Which probably explains why the Qatari bid is being messed about' bit that I find it hard to believe you subscribe to.
Do you believe that is true?
Yeah think you are bang on there
When the club actually gets sold can we make a new thread.
There is nothing worth reading in here until it does.
There is nothing worth reading in here until it does.
Thanks for popping by to let us know.
So when do you see that 5th bid from Jassim because that's what it will take I reckon
7-10 days.
Will he actually give them what they want though
Not true.
There’s your post for a start, which is one of the most insightful posts I’ve ever read.
They won't need to
Yep I think so too
With Jassim speaking to the Glazers directly I was hoping it would be done before now but it seems like the Glazers are still fecking around
Could be a long summer
Surely thet will due to Ratcliffe's offer of £6bn over the next 2-4 years still beating theirs of around £5.3bn up front
If Ratcliffe wins the bid, I really hope he proves me wrong, but I think we won't even notice the Glazers ever left. I expect more baffling recruitment decisions and a similar lack of ambition to achieve anything beyond CL qualification.
How much do you think their latest offer was?
Qatar? It was 4.8
I’d be amazed if Jim did manage to win this still. Wondering if the Glazers are worried about the response from the fanbase if we become owned by Qatar and genuinely would go for any alternative.
Yeah I thought their latest offer was 'significantly increased' to over 5 when they went directly to Jassim
It was around 5.5 total including a pledged investment
They don't have a clue, Sky is a terrible source for breaking news.
Kleinman is good for business though.
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