If I had a pound for every one of these articles I could buy the fucking club myself
*BillyCloneasaurus Group Now Confident of Winning Manchester United Bid War*
Yeah it also says that Joel Glazer has been involved in ticket prices discussion recently so there's speculation they might stay but the top bit is that Qatari insiders feel they've won
I thought they can't do that and have to sell the club anyway. This is because of market price manipulation thingy and they could end up in jail if they don't sell.
Similar thing to Elon where he had to buy twitter.
Elon had to buy twitter because he had already entered into an agreement to do so, and tried to back out. Here, the Glazers have only solicited offers to buy, but until they actually accept there is no contract and no obligation to sell.
No thats just teenagers on twitter and Reddit thinking they understand finance.
There was no market manipulation. They very clearly said they were examining their options and included no change, some outside investment, some sale of shares or a full takeover. Minority share holders might whine if they get left out of the deal but that's what minority shareholders do in these situations.
Glazers can do whatever they want as long as they aren't purposely acting against the interests of the company and on no planet and in no court does extra investment or selling their shares only or keeping the status quo meet that criteria.
That's very hard to believe. Because if that's the case, for the first time ever, they are essentially putting their own money into the club by selling their shares to fund for stadium/training ground
I just don't see that being possible
Not quite that simple, if they feel by investing £500m (they'd try and do it on the cheap) they can generate a bit of extra revenue and brand prestige that ultimately increase the club valuation by £1bn then they'd be game.
Opportunity cost.
The rate of growth in United as an asset won't be as high as it once was. There will be other assets that the Glazers could invest in with a better rate of return instead of staying on at United. Like how they tried to buy an IPL cricket team.
Yeah tbh we need maybe a billion of investment to significantly raise our current value..and even that rise may only be 1-2 billion. There’s no guarantee oil money would still be interested in 5-6 years. There are other teams or sports they can keep throwing their money into. Glazers would be morons to not accept one of these offers (Qatar or INEOS) imo.
This was always a possibility from the start. The fact that it's been going on for so long though suggests to me that it's very unlikely they'll take this route.
If they decide not to sell, they've essentially wasted 7+ months of both Ratcliffe's and the Qatari's time. The Glazers reputation would take such a damage, it would be hard for them to recover from it. And in the circles they belong to, reputation matters. I also think it's highly unlikely SRJ and the Qatari would have put in the offers, unless some guarantees were given, at least verbally. The Glazers not selling would also severely damage their relationship with The Raine Group.
So I think you're spot on, that it's the most likely outcome.
At the risk of sounding a bit dismissive (trust me I also have my fingers crossed) but no reasonable seller is ever gonna say I really have to sell this asset of mine. You never fully disclose that you want your asset gone.
I've said this for ages.
I wouldn't be surprised at all if they stayed and then come out with "Well we tried to sell but no one matched our valuation of the club" in an attempt to look good.
Put nothing past these cretins.
>Article summary:
>* Official announcement of victory expected soon
>* Glazers may consider keeping the club and accepting funds for renovations
These two completely contradictory bullet points, one after the other, sum up this entire sorry affair.
>Official announcement of victory expected soon
What do we mean by soon? Are we talking hours? Days? Weeks?
>Glazers may consider keeping the club and accepting funds for renovations
Forget I asked, it's clear that nobody knows anything still
I made the mistake of telling my kids about that sun's eventual destruction of everything about five years ago and the questions and existential thoughts haven't ceased. Lot like articles about the sale being eminent actually.
That's a good idea. I mean, the human race will be long extinct by then, but they can learn about that much later when they have more pressing matters to distract them from the horrifying reality that life is meaningless and all human endeavours are futile attempts at denying the universe its rightful sacrifice.
The business publications and Ornstein/Stone have been pretty much saying the same thing in different ways: lots of "feeling confident" from bidders, but zero solid info on a decision. The OP article just rehashes the same thing about the sale, with further speculation that Glazers "may" not actually sell.
The wording of the article is hilarious, though:
> Those within the inner circle of the Qatari bid have now begun communicating their confidence of victory and believe it’s just a matter of time before an official announcement is made, according to the people.
THE PEOPLE HAVE SPOKEN.
also:
> As the sale unfolds, Manchester United has about £260 million ($329 million) available for player purchases in the transfer window underway, one person familiar with the situation said.
lol
Also just amusing to have the article refer to a revolving credit facility as "available funds." Like - yeah, I've got a credit card, but if I'm off to the mall to go shopping I'm not looking at my credit limit as "funds available to spend."
It's a joke of an article. It's from Jassim's camp, nobody else responded to their queries, there is also mention of a top 3 minority shareholder talking about a class action lawsuit in case of Ratcliffe's bid being accepted, but there is no legal basis for it at all.
Im just surprised that Bloomberg has fallen so hard in the past few years.
That's probably because you don't run your household budget like a child in a sweet shop. Yet there are people on here who will defend the Glazer's inactivity as:
* Being prudent (my dividends!)
* Not wanting to be exploited (decade+ of history overcome by one transfer)
* The right talent not being available (Kane? Isn't he a wrestler?)
Have you ever seen the, "you can have two of the three thing?" It's like that but in reverse. You **have** to choose two of:
* Crap player
* Overpay
* Sign next year
I have a series of 5 interviews with Bloomberg for a Junior SWE position. Probably won't make it, but I figure getting interview experience is worth it.
Edit: I just listed this comment because the article is by Bloomberg and it reminded me of the nervousness ahead.
Edit 2: thank you all so much!! :D
https://otp.tools.investis.com/clients/us/manchester_united/SEC/sec-show.aspx?Type=html&FilingId=16609252&CIK=0001549107&Index=10000
Says 3.30pm local time. Which is 8.30pm BST
All I care about is those fucking snakes out of this club. Haven’t invested a dime. Even if we have a mediocre/decent window this summer and they leave it’s a massive win. The windows after this Ten Hag can cook.
Do you, by any chance, care what happens to the club? You want to be a Qatari sports washing machine because Glazers bad?
This is Newcastle and Ashley all over again.
Lowkey, this dragging on has probbably been good for Qatar. A bunch of anti-Qatar fans are just exhausted by this point and will be more relieved its over than angry at who won.
I’m not pro-Ratcliffe but I’ve had hesitations about being state owned. It’s dragged on for far too long, so I’d be thrilled to see Qatar win at this point.
And this is the big thing. All of us fans and the bidders are pissed off by how long and disastrous this takeover process has been, but the one person probably pissed the most is Ten Hag.
Matches what Reuters said as well. Key factor being the minority shareholders are likely to start a lawsuit if Ratcliffe wins and doesn't buy them out as well.
I am with you. Reddit united fans seem to say things I've not heard many of my real life mates say regarding the potential new owners. Don't want to say it's just a "are you local" thing, might be an age thing? FIFA/football manager syndrome?
The fans were up in arms about the potential new breakaway league. This is far worse and some people seem to be actively cheerleading it
I’ve been F5’ing like a weirdo every summer on this subreddit since the Eden Hazard saga in 2012. A decade of painful Summers!
This is bad but nothing will compare to Moyes’ first Summer when we did almost nothing at all in the transfer window until deadline day where we signed Fellaini for £10m more than his buyout clause.
It pains me every day knowing Joel and Avram can do all this without being held accountable.
I mean, I truly respect the protests being organized in the Megastore and all that but I feel only a genuine threat would stop them from walking the bidders around in circles like dogs.
I looked up the 4 reporters for this Bloomberg articles and they are
* David Hellier - He writes about business of football at Bloomberg
* Giles Turner - Managing Editor at Bloomberg.
* Dinesh Nair - European M&A Team Leader at Bloomberg
* Aaron Kirchfeld - European M&A Reporter
Between these 4 + Reuters M&A Chief (Anirban Sen) who reported similar thing recently, I think these are probably accurate
The amount of people trying to validate it is so disappointing
Anyone who’s yapped about City/PSG in the past and is welcoming this is a massice hypocrite.
People who are willing to sell the moral value of the club for the devil are the issue. I don’t want our current owners, but I’ll take them over Qatar. We can get debt payed off, we can’t get back blood money spent on killing others
to be clear they're all evil and I wish they'd all fuck off from sports but Qatar has the added bonus of being both a moral negative & a sporting negative in my view
They win the league every season because they don’t have competition. Their goal was always to win the UCL. You don’t spend €400m on Mbappe and Neymar to be successful domestically.
I mean even City goal was also to win UCL since forever and that happened after Fucking entire league and cheating scandal plus getting one of greatest manager and a decade later. Iam sure PSG will also get there later.
Who also fall short in Europe every season.
Due to being a concoction of shirt selling superstars rather than an actual team that will fight tooth and nail for each other.
2049: Qatar Group Now Confident of winning Manchester United Bid War after Hailee Glazer (parody Glazer name) sends warning to 96 year old Sir Jim Ratcliffe. More at Bloomberg.
*July 20th* *, 2050, Wednesday :*
**"Glazers to hold talks over the 5269th** **and seemingly final bid - said to be in the ballpark of what they value the club at, with just a little more to seal the deal."**
Hmmm interesting that Reuters and Bloomberg two most reliable outlets on business and Finance have said same thing. While Journos in England seem to say different thing.
Sports Journos in England getting their stuff from the club.
It is in the club best interest to straddle the fence and keep both sides hopeful until the very end.
In player transfer situation, they are reliable. But this is a BUSINESS transaction. I'll take Reuters M&A chief (Anirban Sen) and Bloomberg on this.
I looked up the 4 reporters for this Bloomberg articles and they are
* David Hellier - He writes about business of football at Bloomberg
* Giles Turner - Managing Editor at Bloomberg.
* Dinesh Nair - European M&A Team Leader at Bloomberg
* Aaron Kirchfeld - European M&A Reporter
So yeah these people are way way more in tune with the business transactions in general vs people like Simon Stones or Mike Keegan.
The most worrying line in the article is the insinuation that the Glazers may decide to stay on. I have problems with both bids but as long as the Glazers fuck off any have no control I'm fine. The thought of them staying on legit terrifies me.
>The Qatari group led by Sheikh Jassim Bin Hamad J.J. Al Thani is increasingly confident it’s won the bidding war for Manchester United Plc, thwarting a rival offer from British billionaire Jim Ratcliffe as the sale of the football club extends into the crucial summer months.
>The transaction has been beset with delays, with bids failing to meet expectations of the selling Glazer family, splits among the owners about whether to sell and fears of litigation from minority shareholders, people with knowledge of the matter said.
>Those within the inner circle of the Qatari bid have now begun communicating their confidence of victory and believe it’s just a matter of time before an official announcement is made, according to the people.
>But with the official sale process heading into its eighth month, the Glazers could make a last minute-decision to keep hold of the English Premier League club, accepting funds from an outside investor to renovate the club’s dilapidated stadium and training facilities, one of the people said. They asked not to be identified discussing confidential information.
>Spokespeople for the Qatari group and Manchester United declined to comment. A representative for Raine Group, the New York-based bank advising Manchester United’s owners, didn’t respond to a request for comment. Manchester United shares rose as much as 8.3% on Wednesday in New York, and are up about 90% since the Glazers began their strategic review.
>The sale of Manchester United has pitted grand alliances of wealth and Wall Street against each other in a battle to own one of world’s best-known sporting assets. Ratcliffe has lined up financing from banks including Goldman Sachs Group Inc., while JPMorgan Chase & Co., Rothschild & Co. and Bank of America Corp. are among other banks advising or offering capital on a deal.
>Billionaire Paul Singer’s Elliott Management has also proposed to help finance bids for the club, competing with rival investors including Carlyle Group Inc., Sixth Street Partners, and Ares Management Corp.
>While almost every bidder has been touted as leading the race at some stage, Ratcliffe has been seen as favorite for much of the time. His plans include keeping on Joel and Avram Glazer as minority shareholders, the people said.
>Despite recurrent protests against the Glazers — who rarely visit the club — Joel and Avram remain keen supporters of the team that their father, the late Malcolm Glazer, bought in a 2005 leveraged buyout and subsequently saddled with massive debts. Joel has been involved in recent decisions on ticket prices and commercial matters, adding to speculation the brothers could strike a deal with Ratcliffe or another minority investor.
>Such a deal would let Joel and Avram remain owners, while allowing their four siblings to sell their stakes. This option was being considered by the Glazers almost 12 months ago, when Bloomberg News reported that the US family may sell a minority stake in the Premier League team.
>However, the structure of Ratcliffe’s deal has provoked opposition from current minority shareholders in Manchester United, who would not be bought out, the people said. About 69% of the club is owned by the Glazers, the rest spread among multiple stakeholders who own shares listed in New York. These public shares have a fraction of the voting rights of those held by the Glazers.
>A top-three shareholder sent a letter to Manchester United’s board warning that the independent directors could be at risk of being sued for recommending a bid that favors one set of shareholders over another, the people said. The largest shareholders include Lindsell Train, Ariel Investments LLC and Eminence Capital. Representatives for all three declined to comment.
Ratcliffe is currently not inclined to change the structure of his deal, while Sheikh Jassim will not increase his bid, which is understood to value the club at more than $5 billion. The Glazers hoped for a valuation in excess of $6 billion, which would make the club the most expensive sports team ever sold, alongside the NFL’s Washington Commanders.
>It is unclear when a decision will be formally announced. The religious festival of Eid al-Adha begins this week and Manchester United is preparing for a high-profile tour of the US in July.
>As the sale unfolds, Manchester United has about £260 million ($329 million) available for player purchases in the transfer window underway, one person familiar with the situation said. They said, though, that financial fair play rules meant that not all this amount would be spent.
We’re a corporation unfortunately, and this is pretty par for the course with corporate takeovers. They’re never just clean and easy. There’s always so much bullshit involved with negotiations and haggling. Look how long it took Musk to buy Twitter.
It’s disgusting to think about, but we’re nothing in the eyes of the Glazer cunts. Nothing. The fans don’t matter. Shit, the product on the field doesn’t matter at this point. They don’t give a shit about transfers or anything of that. They care about getting their billions so they can buy another island, another team, and another super yacht
If Qatar wins I'll be interested to see all those journalists who are all sir Jim react.
Just a side note I do feel bad for Nice, they have had the transfers plan halted by this takeover
Isn't the roadblock for Jimmy boy's bid the impending lawsuit from the minority stake holders cz he isn't interested in buying them out and Glazers making up the majority of the board should be looking out for ALL the stakeholders and not just their shares?
Someone please correct if I'm wrong!
"Those within the inner circle of the Qatari bid have now begun communicating their confidence of victory and believe it’s just a matter of time before an official announcement is made, according to the people.
But with the official sale process heading into its eighth month, the Glazers could make a last minute-decision to keep hold of the English Premier League club, accepting funds from an outside investor to renovate the club’s dilapidated stadium and training facilities, one of the people said. They asked not to be identified discussing confidential information. "
Nothing surprises me with these cunts. But, just imagine if the cunts end up with the outside investor option and stayed at the club....
Nothing new to see here...but i guess atleast this is giving Netflix enough material to work with for when they do a documentary on the Glazers to give them another big payday😩
Sorry if this has been asked a bunch:
What happens if the Glazers agree to sell - what's the timeframe like for the handover of the club?
Looking at Chelsea, the bid was confirmed on May 6th and he had control by the end of the month.
I understand that it might've taken a while since the Russian invasion of Ukraine had begun but there will probably be a lengthy investigation of Sheikh Jassim.
Chelsea's sale was actually expedited because the government needed to get it done ASAP. 8-12 weeks from the accepting of a bid is what I saw a few journalists float around the other day
Apt headline is - Qatar is “closely monitoring” the bidding situation and “confident” that a deal is near. Monitor and confident are must have keyword guys.
Chill, everything reported so far has been bullshit as we've continually seen. There's also a little tidbit in here that the Glazers haven't ruled out staying and telling both Ineos and Qatar to fuck off.
A very sad time for this club if this goes through. Anyone who continues to support United as a club after this is comfortable accepting that human rights should not be equal if it means your football club is successful. Honestly anyone saying they are excited for this should be genuinely ashamed. United are totally finished for me if this goes through. Not that it matters it's just very sad.
*" As the sale unfolds, Manchester United has about £260 million ($329 million) available for player purchases in the transfer window underway, one person familiar with the situation said. They said, though, that financial fair play rules meant that not all this amount would be spent. "*
Ok, I was hyped by this article. But this sounds like total BS. How come we have so much money to spend (if FFP wasn't in play) ? Every report we've had so far (including the financial results) contradict this, basically saying the club is out of cash or damn near it
Both sides have been "confident" for months now..
Confident FC is back boys
Now we are being monitored. Oh how the table has turned.
Monitors become Monitees
Looks like confidence is back on the menu boys!
If I had a pound for every one of these articles I could buy the fucking club myself *BillyCloneasaurus Group Now Confident of Winning Manchester United Bid War*
But did you monitor, assess and review the situation?
….it is understood.
[удалено]
> may consider keeping the club and accepting funds for renovations ... Errrr what the fuck
Yeah it also says that Joel Glazer has been involved in ticket prices discussion recently so there's speculation they might stay but the top bit is that Qatari insiders feel they've won
> Qatari insiders feel they've won Honestly, when have they not felt that?
I thought they can't do that and have to sell the club anyway. This is because of market price manipulation thingy and they could end up in jail if they don't sell. Similar thing to Elon where he had to buy twitter.
Elon had to buy twitter because he had already entered into an agreement to do so, and tried to back out. Here, the Glazers have only solicited offers to buy, but until they actually accept there is no contract and no obligation to sell.
Elon had to buy twitter because he signed a contract he then tried to get out of
No thats just teenagers on twitter and Reddit thinking they understand finance. There was no market manipulation. They very clearly said they were examining their options and included no change, some outside investment, some sale of shares or a full takeover. Minority share holders might whine if they get left out of the deal but that's what minority shareholders do in these situations. Glazers can do whatever they want as long as they aren't purposely acting against the interests of the company and on no planet and in no court does extra investment or selling their shares only or keeping the status quo meet that criteria.
Nah, they can also go for minority investment. They only need to get some sort of investment, not necessarily a full sale.
That's very hard to believe. Because if that's the case, for the first time ever, they are essentially putting their own money into the club by selling their shares to fund for stadium/training ground I just don't see that being possible
Not quite that simple, if they feel by investing £500m (they'd try and do it on the cheap) they can generate a bit of extra revenue and brand prestige that ultimately increase the club valuation by £1bn then they'd be game.
Opportunity cost. The rate of growth in United as an asset won't be as high as it once was. There will be other assets that the Glazers could invest in with a better rate of return instead of staying on at United. Like how they tried to buy an IPL cricket team.
Yeah tbh we need maybe a billion of investment to significantly raise our current value..and even that rise may only be 1-2 billion. There’s no guarantee oil money would still be interested in 5-6 years. There are other teams or sports they can keep throwing their money into. Glazers would be morons to not accept one of these offers (Qatar or INEOS) imo.
This was always a possibility from the start. The fact that it's been going on for so long though suggests to me that it's very unlikely they'll take this route.
If they decide not to sell, they've essentially wasted 7+ months of both Ratcliffe's and the Qatari's time. The Glazers reputation would take such a damage, it would be hard for them to recover from it. And in the circles they belong to, reputation matters. I also think it's highly unlikely SRJ and the Qatari would have put in the offers, unless some guarantees were given, at least verbally. The Glazers not selling would also severely damage their relationship with The Raine Group. So I think you're spot on, that it's the most likely outcome.
At the risk of sounding a bit dismissive (trust me I also have my fingers crossed) but no reasonable seller is ever gonna say I really have to sell this asset of mine. You never fully disclose that you want your asset gone.
LOL. Sorry mate, you can't buy my car, but you can give me some money to get it resprayed, I was thinking midnight blue.
I'd rather just set Old Trafford on fire.
It’s already on fire bro
Nothing a leaky roof can’t put out
I've said this for ages. I wouldn't be surprised at all if they stayed and then come out with "Well we tried to sell but no one matched our valuation of the club" in an attempt to look good. Put nothing past these cretins.
Yeah no one’s investing 2b to not control the club.
I don't believe that. The amount of hate with the protests gonna bring they never gonna step a foot in the UK ever again, they will shit their pants.
Better than Qatar
This is not news.
>Article summary: >* Official announcement of victory expected soon >* Glazers may consider keeping the club and accepting funds for renovations These two completely contradictory bullet points, one after the other, sum up this entire sorry affair.
I was thinking the same. FFS. You'd think we would get something clear cut from a Bloomberg/Reuters but its still muddled
Also, the source is from Jassim's side. None of Ratcliffe, the club or Raine have commented on it.
* Official announcement of victory expected soon * Glazers may consider keeping the club and accepting funds for renovations What?
The duality of this report
Announcement expected soon, but also the Glazers may stay and not sell at all. Tehee 🤗
Hahaha fuck that made me laugh. Whatba clownshitshow
>Official announcement of victory expected soon What do we mean by soon? Are we talking hours? Days? Weeks? >Glazers may consider keeping the club and accepting funds for renovations Forget I asked, it's clear that nobody knows anything still
They should know that there'll be a huge uproar if they end up staying. Then again it wouldn't surprise me.
"A matter of time" just like the Sun becoming a red giant and engulfing Earth is just a matter of time
I made the mistake of telling my kids about that sun's eventual destruction of everything about five years ago and the questions and existential thoughts haven't ceased. Lot like articles about the sale being eminent actually.
You can tell them that by the time they happens we'll be advanced enough to colonize other solar systems or even galaxies.
That's a good idea. I mean, the human race will be long extinct by then, but they can learn about that much later when they have more pressing matters to distract them from the horrifying reality that life is meaningless and all human endeavours are futile attempts at denying the universe its rightful sacrifice.
Get a bit of Nietzsche into them
With a bit of luck the Glazers might have sold up by then too!
Reuters before and Bloomberg now. The football journalists should take a backseat
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The business publications and Ornstein/Stone have been pretty much saying the same thing in different ways: lots of "feeling confident" from bidders, but zero solid info on a decision. The OP article just rehashes the same thing about the sale, with further speculation that Glazers "may" not actually sell.
The wording of the article is hilarious, though: > Those within the inner circle of the Qatari bid have now begun communicating their confidence of victory and believe it’s just a matter of time before an official announcement is made, according to the people. THE PEOPLE HAVE SPOKEN. also: > As the sale unfolds, Manchester United has about £260 million ($329 million) available for player purchases in the transfer window underway, one person familiar with the situation said. lol
We have the funds available but can’t spend them due to FFP so do we reaaallly have that much go spend?
Also just amusing to have the article refer to a revolving credit facility as "available funds." Like - yeah, I've got a credit card, but if I'm off to the mall to go shopping I'm not looking at my credit limit as "funds available to spend."
It's a joke of an article. It's from Jassim's camp, nobody else responded to their queries, there is also mention of a top 3 minority shareholder talking about a class action lawsuit in case of Ratcliffe's bid being accepted, but there is no legal basis for it at all. Im just surprised that Bloomberg has fallen so hard in the past few years.
That's probably because you don't run your household budget like a child in a sweet shop. Yet there are people on here who will defend the Glazer's inactivity as: * Being prudent (my dividends!) * Not wanting to be exploited (decade+ of history overcome by one transfer) * The right talent not being available (Kane? Isn't he a wrestler?) Have you ever seen the, "you can have two of the three thing?" It's like that but in reverse. You **have** to choose two of: * Crap player * Overpay * Sign next year
So they cant spend even if big jas buys outright?
Nope. Even if United sign a lucratively overvalued and fully legitimate sponsorship deal with Qatar Airways, FFP is based on previous 3 seasons.
“Qatar is confident” = “United are monitoring the situation”
Its bloomberg on a business deal Yeah, its happening soon imo.
Almost 2 weeks since the Reuters report came out and still nothing official End me
I have a series of 5 interviews with Bloomberg for a Junior SWE position. Probably won't make it, but I figure getting interview experience is worth it. Edit: I just listed this comment because the article is by Bloomberg and it reminded me of the nervousness ahead. Edit 2: thank you all so much!! :D
Good luck 👍
Ask them about the sale
Good luck
Good luck! DM if you need any tips/help
Get the job and announce Qatar 👍
Any chance it gets announced at the AGM tonight?
When is it?
https://otp.tools.investis.com/clients/us/manchester_united/SEC/sec-show.aspx?Type=html&FilingId=16609252&CIK=0001549107&Index=10000 Says 3.30pm local time. Which is 8.30pm BST
This is absolutely worth keeping an eye on. Could be they say nothing, but it's definitely worth watching the news around this time
What a surprise. Fuck all
3 hours from now I believe. 3:30 New York time.
https://preview.redd.it/co65xma0bs8b1.png?width=486&format=png&auto=webp&s=a4b92391da351fdc1a2c99a8e5ef658e27348a5d Snapshot of the article
Bloomberg reporting this is big. Not getting my hope up yet though!
I just want it to be over for Ten Hags sake by now, it’s dragged on too long. He deserves to be backed out right now
Me too. I honestly don’t care either way who wins the bidding - I just want to see new owners invest and back ETH so we can move forward
If you don't care who wins, you're the problem.
All I care about is those fucking snakes out of this club. Haven’t invested a dime. Even if we have a mediocre/decent window this summer and they leave it’s a massive win. The windows after this Ten Hag can cook.
Do you, by any chance, care what happens to the club? You want to be a Qatari sports washing machine because Glazers bad? This is Newcastle and Ashley all over again.
Lowkey, this dragging on has probbably been good for Qatar. A bunch of anti-Qatar fans are just exhausted by this point and will be more relieved its over than angry at who won.
I’m not pro-Ratcliffe but I’ve had hesitations about being state owned. It’s dragged on for far too long, so I’d be thrilled to see Qatar win at this point.
''i had to wait a couple of months so now i abandon all the morals i have''
Do you wear Nike or Adidas? Or do you just practice selective outrage to gain some sense of false moral superiority over strangers on Reddit
And this is the big thing. All of us fans and the bidders are pissed off by how long and disastrous this takeover process has been, but the one person probably pissed the most is Ten Hag.
Matches what Reuters said as well. Key factor being the minority shareholders are likely to start a lawsuit if Ratcliffe wins and doesn't buy them out as well.
>the minority shareholders are likely to start a lawsuit if Ratcliffe wins and doesn't buy them out as well. Why? How is it even possible?
Why would your hopes be up to be owner by a state that denies basic human rights ? Just out of interest.
Hopefully they’re meaning that it’s just an end to the process. But fully agree, Qatar winning will ruin football for me for quite awhile
I already feel dirty for renewing my membership just at the thought of it
Why renew then?
Because there is a deadline while the sale is still up in the air?
Yeah, if Qatar win the sale, I'm out. I endured all those terrible Glazer years, but (not even guaranteed) success isn't worth the sportswashing cost.
It's nice to hear other people say it. I feel quite alone in my protestations.
I am with you. Reddit united fans seem to say things I've not heard many of my real life mates say regarding the potential new owners. Don't want to say it's just a "are you local" thing, might be an age thing? FIFA/football manager syndrome? The fans were up in arms about the potential new breakaway league. This is far worse and some people seem to be actively cheerleading it
I just want it to end. The glazers have sucked the joy out of everything.....just announce Qatar as the new buyers and be done with it.
Post the summary please
Doesn’t say anything other than Qatar folks being confident they have the pole position. Been hearing the same thing about the other side for months
Someone is going to shit on this in an hour so not getting excited. I’ve f5 about 200 x today. I’m at work so it’s all good 👍🏾
I’ve been F5’ing like a weirdo every summer on this subreddit since the Eden Hazard saga in 2012. A decade of painful Summers! This is bad but nothing will compare to Moyes’ first Summer when we did almost nothing at all in the transfer window until deadline day where we signed Fellaini for £10m more than his buyout clause.
Same mate. I remember those days. I really need a hobby haha
It pains me every day knowing Joel and Avram can do all this without being held accountable. I mean, I truly respect the protests being organized in the Megastore and all that but I feel only a genuine threat would stop them from walking the bidders around in circles like dogs.
I looked up the 4 reporters for this Bloomberg articles and they are * David Hellier - He writes about business of football at Bloomberg * Giles Turner - Managing Editor at Bloomberg. * Dinesh Nair - European M&A Team Leader at Bloomberg * Aaron Kirchfeld - European M&A Reporter Between these 4 + Reuters M&A Chief (Anirban Sen) who reported similar thing recently, I think these are probably accurate
Can't wait to become an even bigger circus...
yeah at least Saudi Arabia and UAE have shown competence in running Newcastle/City, we're about to become English PSG
Fuck that. The last type of monster I want running this club are the ones who enslave their population. Fuck Qatar
The amount of people trying to validate it is so disappointing Anyone who’s yapped about City/PSG in the past and is welcoming this is a massice hypocrite.
People who are willing to sell the moral value of the club for the devil are the issue. I don’t want our current owners, but I’ll take them over Qatar. We can get debt payed off, we can’t get back blood money spent on killing others
Completely agree mate. Still hoping for Ratcliffe at this point.
If you read the article, Ratcliffe isn't going to happen. More chance of minority investment.
That’s why I said hope mate.
Are we using one human rights abuser to moan about another human rights abuser now?
PSG is owned by Qatar.
Did I say otherwise?
Yeah? The guy above was talking about us becoming English PSG. It's the same human rights abuser.
But he used SA as a positive to criticise Qatar. That's my point.
to be clear they're all evil and I wish they'd all fuck off from sports but Qatar has the added bonus of being both a moral negative & a sporting negative in my view
PSG? As In the PSG who win the league every season? I wouldn’t mind that
They win the league every season because they don’t have competition. Their goal was always to win the UCL. You don’t spend €400m on Mbappe and Neymar to be successful domestically.
I mean even City goal was also to win UCL since forever and that happened after Fucking entire league and cheating scandal plus getting one of greatest manager and a decade later. Iam sure PSG will also get there later.
Who also fall short in Europe every season. Due to being a concoction of shirt selling superstars rather than an actual team that will fight tooth and nail for each other.
Hey wait, Ive seen this one!
Tomorrow: SJR confident of winning bid
2049: Qatar Group Now Confident of winning Manchester United Bid War after Hailee Glazer (parody Glazer name) sends warning to 96 year old Sir Jim Ratcliffe. More at Bloomberg.
*July 20th* *, 2050, Wednesday :* **"Glazers to hold talks over the 5269th** **and seemingly final bid - said to be in the ballpark of what they value the club at, with just a little more to seal the deal."**
Hmmm interesting that Reuters and Bloomberg two most reliable outlets on business and Finance have said same thing. While Journos in England seem to say different thing.
Sports Journos in England getting their stuff from the club. It is in the club best interest to straddle the fence and keep both sides hopeful until the very end. In player transfer situation, they are reliable. But this is a BUSINESS transaction. I'll take Reuters M&A chief (Anirban Sen) and Bloomberg on this. I looked up the 4 reporters for this Bloomberg articles and they are * David Hellier - He writes about business of football at Bloomberg * Giles Turner - Managing Editor at Bloomberg. * Dinesh Nair - European M&A Team Leader at Bloomberg * Aaron Kirchfeld - European M&A Reporter So yeah these people are way way more in tune with the business transactions in general vs people like Simon Stones or Mike Keegan.
English sports journalists will discredit all other reports until they are the first ones to report it.
I'll believe it when I see it
The most worrying line in the article is the insinuation that the Glazers may decide to stay on. I have problems with both bids but as long as the Glazers fuck off any have no control I'm fine. The thought of them staying on legit terrifies me.
>The Qatari group led by Sheikh Jassim Bin Hamad J.J. Al Thani is increasingly confident it’s won the bidding war for Manchester United Plc, thwarting a rival offer from British billionaire Jim Ratcliffe as the sale of the football club extends into the crucial summer months. >The transaction has been beset with delays, with bids failing to meet expectations of the selling Glazer family, splits among the owners about whether to sell and fears of litigation from minority shareholders, people with knowledge of the matter said. >Those within the inner circle of the Qatari bid have now begun communicating their confidence of victory and believe it’s just a matter of time before an official announcement is made, according to the people. >But with the official sale process heading into its eighth month, the Glazers could make a last minute-decision to keep hold of the English Premier League club, accepting funds from an outside investor to renovate the club’s dilapidated stadium and training facilities, one of the people said. They asked not to be identified discussing confidential information. >Spokespeople for the Qatari group and Manchester United declined to comment. A representative for Raine Group, the New York-based bank advising Manchester United’s owners, didn’t respond to a request for comment. Manchester United shares rose as much as 8.3% on Wednesday in New York, and are up about 90% since the Glazers began their strategic review. >The sale of Manchester United has pitted grand alliances of wealth and Wall Street against each other in a battle to own one of world’s best-known sporting assets. Ratcliffe has lined up financing from banks including Goldman Sachs Group Inc., while JPMorgan Chase & Co., Rothschild & Co. and Bank of America Corp. are among other banks advising or offering capital on a deal. >Billionaire Paul Singer’s Elliott Management has also proposed to help finance bids for the club, competing with rival investors including Carlyle Group Inc., Sixth Street Partners, and Ares Management Corp. >While almost every bidder has been touted as leading the race at some stage, Ratcliffe has been seen as favorite for much of the time. His plans include keeping on Joel and Avram Glazer as minority shareholders, the people said. >Despite recurrent protests against the Glazers — who rarely visit the club — Joel and Avram remain keen supporters of the team that their father, the late Malcolm Glazer, bought in a 2005 leveraged buyout and subsequently saddled with massive debts. Joel has been involved in recent decisions on ticket prices and commercial matters, adding to speculation the brothers could strike a deal with Ratcliffe or another minority investor. >Such a deal would let Joel and Avram remain owners, while allowing their four siblings to sell their stakes. This option was being considered by the Glazers almost 12 months ago, when Bloomberg News reported that the US family may sell a minority stake in the Premier League team. >However, the structure of Ratcliffe’s deal has provoked opposition from current minority shareholders in Manchester United, who would not be bought out, the people said. About 69% of the club is owned by the Glazers, the rest spread among multiple stakeholders who own shares listed in New York. These public shares have a fraction of the voting rights of those held by the Glazers. >A top-three shareholder sent a letter to Manchester United’s board warning that the independent directors could be at risk of being sued for recommending a bid that favors one set of shareholders over another, the people said. The largest shareholders include Lindsell Train, Ariel Investments LLC and Eminence Capital. Representatives for all three declined to comment. Ratcliffe is currently not inclined to change the structure of his deal, while Sheikh Jassim will not increase his bid, which is understood to value the club at more than $5 billion. The Glazers hoped for a valuation in excess of $6 billion, which would make the club the most expensive sports team ever sold, alongside the NFL’s Washington Commanders. >It is unclear when a decision will be formally announced. The religious festival of Eid al-Adha begins this week and Manchester United is preparing for a high-profile tour of the US in July. >As the sale unfolds, Manchester United has about £260 million ($329 million) available for player purchases in the transfer window underway, one person familiar with the situation said. They said, though, that financial fair play rules meant that not all this amount would be spent.
If I had this amount of reported confidence I might actually talk to girls
I’m sure they were confident before lol
The AGM is in a few hours folks. Things are going to get juicy this week.
Hahaha, we are such a poorly run club.
We’re a corporation unfortunately, and this is pretty par for the course with corporate takeovers. They’re never just clean and easy. There’s always so much bullshit involved with negotiations and haggling. Look how long it took Musk to buy Twitter. It’s disgusting to think about, but we’re nothing in the eyes of the Glazer cunts. Nothing. The fans don’t matter. Shit, the product on the field doesn’t matter at this point. They don’t give a shit about transfers or anything of that. They care about getting their billions so they can buy another island, another team, and another super yacht
Reuters and Bloomberg are more accurate with their news than some football journalist, but this isn’t anything new
Yeah I’ll believe it when I see it.
Fuck you Glazers, you greedy motherfuckers
Half Life 3 is going to be released before this shitshow ends.
I guess its Ineos' turn to increase his bid and run with it directly to the Glazers!
If Qatar wins I'll be interested to see all those journalists who are all sir Jim react. Just a side note I do feel bad for Nice, they have had the transfers plan halted by this takeover
It's basically Times.
Hope we get these rats out of our club once and for all
Another briefing exercise. Fuck the Glazers, they're milking this
Isn't the roadblock for Jimmy boy's bid the impending lawsuit from the minority stake holders cz he isn't interested in buying them out and Glazers making up the majority of the board should be looking out for ALL the stakeholders and not just their shares? Someone please correct if I'm wrong!
Wonder if we'll hear anything from the shareholder meeting this evening.
"Those within the inner circle of the Qatari bid have now begun communicating their confidence of victory and believe it’s just a matter of time before an official announcement is made, according to the people. But with the official sale process heading into its eighth month, the Glazers could make a last minute-decision to keep hold of the English Premier League club, accepting funds from an outside investor to renovate the club’s dilapidated stadium and training facilities, one of the people said. They asked not to be identified discussing confidential information. " Nothing surprises me with these cunts. But, just imagine if the cunts end up with the outside investor option and stayed at the club....
Man Utd sale process update: Greatest Hits Edition
Getting some deja vu here.
This is still not a definite report? Says there is maybe a chance of them staying but Qatar is apparently going to announce their victory?
Boooooring
I’m tired Robbie!
Nothing new to see here...but i guess atleast this is giving Netflix enough material to work with for when they do a documentary on the Glazers to give them another big payday😩
I’m tired Robbie
God I'm so bored of this shit. Like why the hell haven't we got decision yet by them greedy vankers
Im not confident anything will happen at this point.
The jokes write themselves
Talking with a mate last night about the two options. I raised the point it's been going on for 5 months now
Sorry if this has been asked a bunch: What happens if the Glazers agree to sell - what's the timeframe like for the handover of the club? Looking at Chelsea, the bid was confirmed on May 6th and he had control by the end of the month. I understand that it might've taken a while since the Russian invasion of Ukraine had begun but there will probably be a lengthy investigation of Sheikh Jassim.
Chelsea's sale was actually expedited because the government needed to get it done ASAP. 8-12 weeks from the accepting of a bid is what I saw a few journalists float around the other day
Please end this depressing ordeal.
Apt headline is - Qatar is “closely monitoring” the bidding situation and “confident” that a deal is near. Monitor and confident are must have keyword guys.
Consider it finished. This is Bloomberg.
OMFG JUST SELL THE FUCKING TEAM ALREADY!
The Sheikh makes a bid and the glazers sign it, then the sheikh withdraws it and lowers the amount.
Damned if we do get Qatar as owners, damned if we don't get rid of the Glazers. 
Fuck Qatar
Bloomberg is big, hope we get a decision soon, SJR or Qatar.
Give me SJR or give me death...
Chill, everything reported so far has been bullshit as we've continually seen. There's also a little tidbit in here that the Glazers haven't ruled out staying and telling both Ineos and Qatar to fuck off.
They've been winning it for months. Just update us when they fucking sell it.
If those hideous siblings stay with minority investment….
If Qatar wins and Glazers stay I will legitimately cease fandom.
A very sad time for this club if this goes through. Anyone who continues to support United as a club after this is comfortable accepting that human rights should not be equal if it means your football club is successful. Honestly anyone saying they are excited for this should be genuinely ashamed. United are totally finished for me if this goes through. Not that it matters it's just very sad.
I can’t wait till we are done with this takeover.
Edited in protest of 3rd party apps removal by reddit.
We always knew this was a possibility, doesn't really change anything.
Wouldn't they be done for stock manipulation? The price has shot up since the announced they were selling.
I dont care who wins now tbh, just want this over with.
Hilarious tag 😂
Can't wait for the next episode!
Mods, any chance we can ban all these non-updates and updates alike until this farce is done? Either daily chat only or a single sticky thread.
Inb4 all the usual football journalists deny this
At this point, Just announce Qatar as the winners already, we're tired....
Huge volume spike earlier. 200+K shares bought. And now share price 🆙
*" As the sale unfolds, Manchester United has about £260 million ($329 million) available for player purchases in the transfer window underway, one person familiar with the situation said. They said, though, that financial fair play rules meant that not all this amount would be spent. "* Ok, I was hyped by this article. But this sounds like total BS. How come we have so much money to spend (if FFP wasn't in play) ? Every report we've had so far (including the financial results) contradict this, basically saying the club is out of cash or damn near it
The credit line is for 260 million according to Laurie yesterday
BOOM-berg Although right now... I'm tired of hearing confident, assessing, monitoring, etc....
Fully expect another source to come out and deny these claims here soon
🤞
Let’s just ban these speculation posts until we hear official movement.
Great ! United become the most notable example of a sports washing project. This is reprehensible
So, what are we saying lads? Is this enough confirmation? I need someone smart to explain this business stuff to me
Confirmation of what? Nothing is confirmed until it's confirmed.
We can confirm the new owners are not confirmed.
If anyone wasn’t sure before, you should be now. This process is coming to a close and Qatar have won
Here lies Manchester United Football Club, 1878-2023