The Glazer Reign Is Crumbling

I see Southgate is talking about going into club management, bigging himself up in the media with his tale of Mourinho saying he could do any job in football once he'd managed England. Now he's going to have his mate Dan Ashworth making football decisions at United.

https://x.com/transferaddicts/status/1739284997515743568?s=46&t=l_IDjZwQTig51Y-d5izVYA

Hopefully, the game today is abandoned.

Originally Posted by Sparky***

https://x.com/transferaddicts/status...Tig51Y-d5izVYA

Our club is honestly a parody of Man United now.

Post below says the matter has been resolved after JR restructured the deal

Not much clarity around. If Jim bought 25% of club, how much of it do the leeches now own? Waters muddied with A class/B class shares.
What % of b class do they/Jim now own.

Originally Posted by Denis Irwell

Post below says the matter has been resolved after JR restructured the deal

Not much clarity around. If Jim bought 25% of club, how much of it do the leeches now own? Waters muddied with A class/B class shares.
What % of b class do they/Jim now own.

There are currently 54,537,360 Class A shares, and 110,207,613 of the more powerful Class B shares.

it is explained here

https://www.ineos.com/news/ineos-gro...n-the-company/

Originally Posted by armchair

Hopefully, the game today is abandoned.

You'd hope, but l suspect there will be minimal resistance to what has been done.

I fully expect this to now pivot to leaks of boardroom battles between SJR and the Glazers - more distraction for a club that has badly lost its way. This ownership model does not exist in football for good reason and it wasn't done for the betterment of MUFC, but to extract more value for the Glazers and become a vanity project for SJR.

Originally Posted by Sparky***

https://x.com/transferaddicts/status...Tig51Y-d5izVYA

terrible source
the police light emoji
the double spacing between discuss and their
ending with "and etc." something no one has ever done before in the history of language

you're better than this

Originally Posted by larry

There are currently 54,537,360 Class A shares, and 110,207,613 of the more powerful Class B shares.

it is explained here

https://www.ineos.com/news/ineos-gro...n-the-company/

Cheers Larry.

So their collective ownership has been reduced to around 52%, from 69%, presumably making Jim the big individual owner. although crucially, well short of the family total. An unknown further acquisition for Jim, pending a further investment of $200,000 by the end of 2024 should narrow the gap down a bit further.

Wonder if that might reach a further 2%+, leaving the @#%&!s vulnerable to being oosted. Probably not.

No way are the Glazer’s going anywhere now Ratcliffe has got them off life support.

There’s too much money waiting for them with new league structures and tv rights.

There will be just enough money spent to keep the club relevant to sponsors and broadcasters.

Build a new ground sell the naming rights that’ll pay for it alone.

Originally Posted by tatty

No way are the Glazer’s going anywhere now Ratcliffe has got them off life support.

There’s too much money waiting for them with new league structures and tv rights.

There will be just enough money spent to keep the club relevant to sponsors and broadcasters.

Yes but there's nothing to say that Ratcliffe walking away would have forced sale to Jassim

Originally Posted by croady26

Yes but there's nothing to say that Ratcliffe walking away would have forced sale to Jassim

Its obvious they would rather burn the club to the ground (literally even, like that former Doncaster chairman) rather than totally sell up - something that would leave all their other crappy "investments" horribly exposed. Maybe the only actual way to get rid of them is by stealth?

Decent, if depressing read

https://www.theguardian.com/football...-jim-ratcliffe

Originally Posted by no fun

Decent, if depressing read

https://www.theguardian.com/football...-jim-ratcliffe

Very true. But to turn it on it's head. We're in a better position now with Ratcliffe involved as any other club is with their ownership. Ratcliffe has 25% of the club and control over the football side of things. He's only going to want more of the club, not less. And whether people like it or not, he cares in some way about the club being successful on the pitch, whether it's through supporting the club or just a need to look successful. You can't be as involved as he is with a club like Manchester United and not very publicly look like a #@&%! if it all goes to shit. It's not like he's going to want to suck money out of the club, INEOS has a revenue of £52 billion yearly.

I'd much prefer not to be this way, but with the game as it is now, there's a lot of clubs that don't have same protection in place with 25% being owned by someone who cares, and is probably looking to increase that % share in time and can back it up with the cash. If Fenway decide to sell up one day, then tough shit, they better hope whoever comes in isn't a Todd Boehly'esque idiot. Between that, state ownership and where we are now, I think we're in a better position in terms of ownership that other clubs.

The best we can hope for now is that they can somehow be squeezed out over time.

Originally Posted by no fun

Decent, if depressing read

https://www.theguardian.com/football...-jim-ratcliffe

Typical Guardian word salad to tell us how the Glazers have run the club and how they won’t leave. Cheers, Guardian.

Doesn’t actually mention anything about what INEOS will or won’t do or how the deal is/could be mutually beneficial

One of Britain’s most successful businessmen isn’t going to be part with a billion and a half quid (money he could never back through dividends) unless he stands to gain from it or has influence

Our biggest concern with him shouldn’t be his intentions, but whether he does the job well.

The early signs are better than I expected and maybe it can work. But it's galling knowing those @#%&!s still have their snouts in the trough.

Originally Posted by Lok

The early signs are better than I expected and maybe it can work. But it's galling knowing those @#%&!s still have their snouts in the trough.

No doubt. It’s something nobody wanted or expected once a full sale
Looked likely, but as it’s gone on, it’s become clear they really don’t want to sell. It irks that it’s a great deal for them…but it can also be a great to deal for us

Originally Posted by Patty_b

Very true. But to turn it on it's head. We're in a better position now with Ratcliffe involved as any other club is with their ownership. Ratcliffe has 25% of the club and control over the football side of things. He's only going to want more of the club, not less. And whether people like it or not, he cares in some way about the club being successful on the pitch, whether it's through supporting the club or just a need to look successful. You can't be as involved as he is with a club like Manchester United and not very publicly look like a #@&%! if it all goes to shit. It's not like he's going to want to suck money out of the club, INEOS has a revenue of £52 billion yearly.

I'd much prefer not to be this way, but with the game as it is now, there's a lot of clubs that don't have same protection in place with 25% being owned by someone who cares, and is probably looking to increase that % share in time and can back it up with the cash. If Fenway decide to sell up one day, then tough shit, they better hope whoever comes in isn't a Todd Boehly'esque idiot. Between that, state ownership and where we are now, I think we're in a better position in terms of ownership that other clubs.

The best we can hope for now is that they can somehow be squeezed out over time.

But (only) 2bn euros in profit (approximately).

They've not got billions to waste for example; we're not going to do what city have done and just plough through players until the manager finds one he wants.

Point being the budget isn't unlimited, but as we all know that's not an issue providing the proper persons and structure is implemented throughout the footballing infrastructure. It's not too late to 'rescue' the club but they have to act reasonably quickly and effectively imo.

I'd rather they didn't just throw money in; that's been part of the disaster. We need a clear and coherent strategy with competent people running the show.

Identify the extraordinary talent worthy of playing for Manchester United - develop it or buy it. Hungry players, not those looking for a pay day. The draw of playing in front of 70k crowds at home for a club with an incredible history.

With our muscles and name it won't take long to rise back up once we get a structure in place. Shifting the dead wood has started - need to keep our nerve and carry on.