Let's All Laugh At... let's all laugh at United

[Pochemon94]

Sir Jim in.

ratcliffe only wanted in if the 25% could slowly grow into a higher percentage right?

 

[yankspurs]

ratcliffe only wanted in if the 25% could slowly grow into a higher percentage right?

There’s no option or obligation for further sale of shares, apparently. Which is something you love to hear. Long may that clown car continue.

 

[yojambo]

I don't really understand these things, so INEOS have total control of the football side with a 25% shareholding?

So the Glazers have bagged $300M and don't have to do any work. Not a bad day for them.

 

[mill]

I don't really understand these things, so INEOS have total control of the football side with a 25% shareholding?

So the Glazers have bagged $300M and don't have to do any work. Not a bad day for them.

I don't really understand these things, so INEOS have total control of the football side with a 25% shareholding?

So the Glazers have bagged $300M and don't have to do any work. Not a bad day for them.

£1.3b according to the independent, the $300m is further investment

Sir Jim Ratcliffe finally completes Manchester United minority takeover

The Ineos owner has bought a 25 per cent stake from the Glazer family to invest in the team he supported as a boy and take control of footballing operations

www.independent.co.uk

 

[Marty]

I don't really understand these things, so INEOS have total control of the football side with a 25% shareholding?

So the Glazers have bagged $300M and don't have to do any work. Not a bad day for them.

Shows how eager/desperate Ratcliffe was to get in on this.

Don't like that the FT were wrong on this. Ratcliffe has a hit and miss track record in sport but I think he'll do a much better job than the Glazers and their people on the football side.

It'll still take a while for them to properly get back to the top, it won't be this season and might not be next either. But this feels like an important step for them.

 

[Nine while nine]

Ah, the mad rush to buy something before Christmas.

It always sees you overpay for some ridiculously expensive piece of tat.

 

[Misfit]

£300m is barely enough to fix the leaky roof

 

[Misfit]

Until they get rid of the huge contacts they've decided to give average/above average footballers, it's going to be a case of treading water for them.

If they manage to learn their lesson though they generate more than enough income, even with debt servicing etc, to cause everyone but Citeh/Newcastle problems.

 

[Gassin's finest]

I know a bit about Ineos and the people involved. Suffice to say, imvho... think a higher class version of Mike Ashley at Newcastle.

 

[HildoSpur]

Nah, with a proper structure they wouldn't have spent huge amount of money on duffers and actually have put together a reasonable squad. Maybe he would have done better, who knows.

Their centre half partnership against West ham was Kambwala (who?) and Johnny Evans. Even at spurs with our centre back woes it has never been that bad. (Ever)

Not defending him, I actually criticised him when everyone on here was saying "I wish Levy had got him" (a year or so back)

His squad has been decimated by injuries this season as well.

To be fair Evans is a good player and has probably been their best defender since he came into the side. Utd's squad building has generally been horrendous, there appears to be no clear strategy behind it at all. You also have a bunch of questionable characters who have been around the club, some for many years, Martial, Sancho, Greenwood, Pogba (now gone) as an example. Gives the impression that behind the scenes is a total mess and that many of the players are only there for the enormous wages they pay.

 

[allatsea]

I know a bit about Ineos and the people involved. Suffice to say, imvho... think a higher class version of Mike Ashley at Newcastle.

Good news. I wonder what makes him think he can sort out the football side ? His supposed contact with a certain ex Chelsea manager (just prior to Poch) only works if there is a long term commitment to a complete overall of the football side of the club. Particularly the First Team squad. At least four transfer windows and three full seasons with the new Manager.

 

[RJR1949]

Ratcliffe is an extraordinarily successful businessman and knows what excellence in business means: a cut above Ashley.

Moreover, he has access excellence in sports through Brailsford (coach for umpteen gold medals and the most successful pro- cycling team) and his investments in Mercedes F1 and Ben Ainslie yacht racing.

You could improve Man U if all you did was bring in a random man off the street to replace the Glazers but Ratcliffe is so much more.

 

[allatsea]

Ratcliffe is an extraordinarily successful businessman and knows what excellence in business means: a cut above Ashley.

Moreover, he has access excellence in sports through Brailsford (coach for umpteen gold medals and the most successful pro- cycling team) and his investments in Mercedes F1 and Ben Ainslie yacht racing.

You could improve Man U if all you did was bring in a random man off the street to replace the Glazers but Ratcliffe is so much more.

The problem at Man U is not only the Glazers though but the way huge, very huge, sums of money have been spent. Managers have been backed, in many cases with their own choice of players, but very poor choices have been made. That has to be undone at considerable cost and new buys have to be made that are actually good buys. For example there is no evidence the old Brighton/Chelsea Manager (who is rumoured to be a candidate) knows good buys as they were all done for him. So if he is appointed I expect further squad problems. He or whoever needs someone to do the buys for him and then he needs considerable time to work with the new squad. I just can't see the Man U fans giving him or anyone the time needed and the bean counters won't be happy either.

 

[Gassin's finest]

Ratcliffe is an extraordinarily successful businessman and knows what excellence in business means: a cut above Ashley.

Moreover, he has access excellence in sports through Brailsford (coach for umpteen gold medals and the most successful pro- cycling team) and his investments in Mercedes F1 and Ben Ainslie yacht racing.

You could improve Man U if all you did was bring in a random man off the street to replace the Glazers but Ratcliffe is so much more.

Lol... Ratcliffe has done extraordinarily well in buying failing assets on the cheap, running them into the ground on no investment and creaming the profit off them, and then not paying any tax. Dude's a sportswasher with the rest of them. That £300m will be spent on rebranding everything with Ineos.

More than happy with Man Utd's football teams being run by him.

 

[lis spur]

I don't really understand these things, so INEOS have total control of the football side with a 25% shareholding?

So the Glazers have bagged $300M and don't have to do any work. Not a bad day for them.

Incredible deal for Glazers, all footballing matters for Ratcliffe (Plaudits and brickbats)and big divvies to the Glazers as the McDonalds franchise trundles on

 

[newbie]

ratcliffe only wanted in if the 25% could slowly grow into a higher percentage right?

I think it’s even more complicated

he brought category B shares which give him 25% on voting rights

they don’t give him any ownership of the club they are different shares

I’m not sure whether he’s buying on top of this 25% of the other shares

i might have mis understood this though

 

[newbie]

The problem at Man U is not only the Glazers though but the way huge, very huge, sums of money have been spent. Managers have been backed, in many cases with their own choice of players, but very poor choices have been made. That has to be undone at considerable cost and new buys have to be made that are actually good buys. For example there is no evidence the old Brighton/Chelsea Manager (who is rumour to be a candidate) knows good buys as they were all done for him. So if he is appointed I expect further squad problems. He or whoever needs someone to do the buys for him and then he needs considerable time to work with the new squad. I just can't see the Man U fans giving him or anyone the time needed and the bean counters won't be happy either.

aparently they can’t spend any more in jan as they have screwed up ffp,

Hojlund the club wanted 50 million they paid 72M,

United scouts valued Anthony at 25 million in the summer of 2022 he was brought for 87 million
mount the initial price set was 40 million United bid 50 and the deal should come to 60 million with add ONS.

there over spending is insane

Hojlund brought for 15 million sold to United a year later 72 million
Onana brought for zero pounds sold to United a year later 47 million.

its not going to be hard to improve there scouting

 

[allatsea]

aparently they can’t spend any more in jan as they have screwed up ffp,

Hojlund the club wanted 50 million they paid 72M,

United scouts valued Anthony at 25 million in the summer of 2022 he was brought for 87 million
mount the initial price set was 40 million United bid 50 and the deal should come to 60 million with add ONS.

there over spending is insane

Hojlund brought for 15 million sold to United a year later 72 million
Onana brought for zero pounds sold to United a year later 47 million.

its not going to be hard to improve there scouting

Was it the scouting or the Manager ? You say the scouts valued Anthony at 25 million so whose fault is it they paid 87 million ? Not the scouts.

 

[yawa]

Brailsford’s “marginal gains” success at Team Sky and then Ineos has partly been down to those teams having a 40/50% bigger budget than all of the competition.

As that’s not going to happen at United I’m not entirely convinced this is going to be roaring success. Probably an improvement of what they have now but not sure that’s going to take a lot.

 

[Tucker]

Lol... Ratcliffe has done extraordinarily well in buying failing assets on the cheap, running them into the ground on no investment and creaming the profit off them, and then not paying any tax. Dude's a sportswasher with the rest of them. That £300m will be spent on rebranding everything with Ineos.

More than happy with Man Utd's football teams being run by him.

The big worry I would have if I were a United fan would be that Ratcliffe wants to own the whole club. He might not want to increase the value of the club before he does that.