Will the Glazers sell?

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Fuck the Glazers
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Felwin wrote: 1 year ago Got a feeling the glazers are running this as a last ditch to get Qatar to pay the £6bn. Their whole strategy has been about playing off potential investors against each other.
The media were reporting last night that Qatar came back with an improved offer once the news about Ratcliffe was released. Wouldn't surprise me.
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swampash wrote: 1 year ago From what I've seen in the last few days Avran and Joel remain as minority shareholders and Ratcliffe has over 50%. My guess is that the 2 Glazers will stay in until the value of their shares reach the inflated valuation figure they always had in mind, which will only be realised if a proper recovery strategy is put in place - i.e. no more ripping the cash out of the club to line the Glazers' pockets. It looks like Ratcliffe has a call option over their minority holding too, so we will see the back of them in due course.
I've seen nothing yet about debt, though I suspect it could be part of the deal, given what is needed in terms of investment. Sound worrying, but might not be if it is manageable and comes out of improved future cash flows. The important thing is to see the Glazers sidelined and ultimately taken out. Part of me looks forward to them seeing first hand how the club should have been run.
Nothing in life is certain but I feel faintly optimistic that this is a good outcome, especially as we didn't become part of an Arab sports washing project.
This makes sense. Basically the Glazers handing over running of the club to someone more competent in order to increase their pay out. They really are shitblokes.

The talk of the debt lying with Ineos is concerning in that petro-chemical companies are a thing of the past. The end is nigh as we switch to green energy. If the debt for the stadium revamp / rebuild is loaded on to Ineos, the cunts need to actually pay it off rather than letting it sit there for another day, especially given Ratcliffe's age. We're relying on his apparent love for United to not saddle the club with ruinous debt. Whoever comes after him won't give two shits about his pet project.

Also I don't know if Ineos has shareholders, if so I don't think they'd be too happy spending billions on the ceos pet project and taking on debt for pay for a new stadium.

This is why private ownership of clubs is mad. We shouldn't have to care about this shite. I mean states are bad, but Ratcliffe's company is responsible for destroying the planet.
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FuB
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Fuck the Glazers wrote: 1 year ago
swampash wrote: 1 year ago From what I've seen in the last few days Avran and Joel remain as minority shareholders and Ratcliffe has over 50%. My guess is that the 2 Glazers will stay in until the value of their shares reach the inflated valuation figure they always had in mind, which will only be realised if a proper recovery strategy is put in place - i.e. no more ripping the cash out of the club to line the Glazers' pockets. It looks like Ratcliffe has a call option over their minority holding too, so we will see the back of them in due course.
I've seen nothing yet about debt, though I suspect it could be part of the deal, given what is needed in terms of investment. Sound worrying, but might not be if it is manageable and comes out of improved future cash flows. The important thing is to see the Glazers sidelined and ultimately taken out. Part of me looks forward to them seeing first hand how the club should have been run.
Nothing in life is certain but I feel faintly optimistic that this is a good outcome, especially as we didn't become part of an Arab sports washing project.
This makes sense. Basically the Glazers handing over running of the club to someone more competent in order to increase their pay out. They really are shitblokes.

The talk of the debt lying with Ineos is concerning in that petro-chemical companies are a thing of the past. The end is nigh as we switch to green energy. If the debt for the stadium revamp / rebuild is loaded on to Ineos, the cunts need to actually pay it off rather than letting it sit there for another day, especially given Ratcliffe's age. We're relying on his apparent love for United to not saddle the club with ruinous debt. Whoever comes after him won't give two shits about his pet project.

Also I don't know if Ineos has shareholders, if so I don't think they'd be too happy spending billions on the ceos pet project and taking on debt for pay for a new stadium.

This is why private ownership of clubs is mad. We shouldn't have to care about this shite. I mean states are bad, but Ratcliffe's company is responsible for destroying the planet.
Not really on topic but there's a difference between the petrochemical industry and using oil as fuel. Green energy being the future doesn't change the fact that almost everything else we use and consume on a large scale is derived from oil, including an awful lot of the materials or manufacture thereof that we use to harness "green energy".
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I think what Dozer is trying to say is that he knew everything all along and that everyone else has no idea. What he knows and what everyone else knows changes between posts. - Felwin 31/10/2024
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JoelfuckingGlazer
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If the Qataris don't succeed in buying us, the first call they're making is to FSG, to buy Liverpool.
Fuck the Glazers
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FuB wrote: 1 year ago
Fuck the Glazers wrote: 1 year ago
swampash wrote: 1 year ago From what I've seen in the last few days Avran and Joel remain as minority shareholders and Ratcliffe has over 50%. My guess is that the 2 Glazers will stay in until the value of their shares reach the inflated valuation figure they always had in mind, which will only be realised if a proper recovery strategy is put in place - i.e. no more ripping the cash out of the club to line the Glazers' pockets. It looks like Ratcliffe has a call option over their minority holding too, so we will see the back of them in due course.
I've seen nothing yet about debt, though I suspect it could be part of the deal, given what is needed in terms of investment. Sound worrying, but might not be if it is manageable and comes out of improved future cash flows. The important thing is to see the Glazers sidelined and ultimately taken out. Part of me looks forward to them seeing first hand how the club should have been run.
Nothing in life is certain but I feel faintly optimistic that this is a good outcome, especially as we didn't become part of an Arab sports washing project.
This makes sense. Basically the Glazers handing over running of the club to someone more competent in order to increase their pay out. They really are shitblokes.

The talk of the debt lying with Ineos is concerning in that petro-chemical companies are a thing of the past. The end is nigh as we switch to green energy. If the debt for the stadium revamp / rebuild is loaded on to Ineos, the cunts need to actually pay it off rather than letting it sit there for another day, especially given Ratcliffe's age. We're relying on his apparent love for United to not saddle the club with ruinous debt. Whoever comes after him won't give two shits about his pet project.

Also I don't know if Ineos has shareholders, if so I don't think they'd be too happy spending billions on the ceos pet project and taking on debt for pay for a new stadium.

This is why private ownership of clubs is mad. We shouldn't have to care about this shite. I mean states are bad, but Ratcliffe's company is responsible for destroying the planet.
Not really on topic but there's a difference between the petrochemical industry and using oil as fuel. Green energy being the future doesn't change the fact that almost everything else we use and consume on a large scale is derived from oil, including an awful lot of the materials or manufacture thereof that we use to harness "green energy".
Totally. But that is going to end as well. Eventually, and this will be a long way off (too long for the planet), we'll transition to green energy to produce stuff as well cos oil is finite. Projections say by 2040/50 the oil supply will be inadequate to supply the world. But the transitioning process starts now, that's why Saudi has begun switching from an oil economy while the going is good.

The way it's relevant to United is Ineos is not gonna be as valuable in 10/20 years as it is right now. Ratcliffe will probably be dead too. So what then.

If Ratcliffe's takeover involves debt, it needs tackling before this point. We don't want it hanging round for 18 years like it has done with the Glazers.

Financial experts told us debt wouldn't be a problem at the time, that debt was good, and that non financial experts like the majority of United fans were being silly. But that was proven to be bollocks.
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JoelfuckingGlazer wrote: 1 year ago If the Qataris don't succeed in buying us, the first call they're making is to FSG, to buy Liverpool.
Aye, I can see that. Nasser al-Khelaifi met with Levy the other month. The level of investment Spurs require compared to us is stark. There's no 2.5bn needed for a new stadium and training facilities. They'll just write off their 1.2bn debt and they're good to go. Liverpool have just done up their ground & training facilities up as well, so it's an easy job. Might be why they're not going to overpay for United. There are easier options.
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JoelfuckingGlazer
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Press reports that the Qataris have submitted an updated take-it-or-leave-it offer. They've had enough and want an answer.
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swampash
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Oh no!!!!!
https://www.theguardian.com/football/20 ... ter-united
Not the start to the day I was hoping for...
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The Glazers could be playing a blinder here if they get an even bigger wodge from Qatar. We might have finally stumbled upon what they're good at; ripping people off.
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Felwin
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swampash wrote: 1 year ago Oh no!!!!!
https://www.theguardian.com/football/20 ... ter-united
Not the start to the day I was hoping for...
So obvious it would happen. Glazers dangled the carrot by leaking Ratcliffes offer and intentions.

All the parasites care about is getting as much money as possible. Question is whether or not they want to speculate with a few more years as shareholders, or if the Qatar bid is just too much to turn down.

Either way bad news for us.
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