United thread 2012/13 (inc merged IPO thread)

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Roll On City said:
Premier League News ‏@FootballDave01
#MUFC have missed out on Kaka, there was an interest but #MUFC have admitted defeat in the pursuit for the #RM player.
A reliable source if ever there was one.
 
Prestwich_Blue said:
Seems that George Soros has bought a significant stake in the rags (about 8%). Which just goes to show that even a man who can make billions by reading the markets right can get it wrong sometimes.

Must say I was shocked to read that one earlier.
 
gordondaviesmoustache said:
Prestwich_Blue said:
Seems that George Soros has bought a significant stake in the rags (about 8%). Which just goes to show that even a man who can make billions by reading the markets right can get it wrong sometimes.
Surely that's 8% of the IPO rather than 8% of the club PB.

'It always seems to me,
That Soros seems to be the hardest word...'
 
Not that I know a great deal about these things, but the fact Soros has bought into it worries me a lot. He must be sniffing an opportunity here, either to make money or, worse still, to attempt a take over (do they call it a stalking horse take over or summat? Long time since I was at school). His billions would make a big difference to them.
 
gordondaviesmoustache said:
Prestwich_Blue said:
Seems that George Soros has bought a significant stake in the rags (about 8%). Which just goes to show that even a man who can make billions by reading the markets right can get it wrong sometimes.
Surely that's 8% of the IPO rather than 8% of the club PB.
It's 7.85% of the Class A shares.
 
Prestwich_Blue said:
gordondaviesmoustache said:
Prestwich_Blue said:
Seems that George Soros has bought a significant stake in the rags (about 8%). Which just goes to show that even a man who can make billions by reading the markets right can get it wrong sometimes.
Surely that's 8% of the IPO rather than 8% of the club PB.
It's 7.85% of the Class A shares.
So are we talking 7.85% of MUFC Plc

Or 0.785% of them? In total.
 
SWP's back said:
Prestwich_Blue said:
gordondaviesmoustache said:
Surely that's 8% of the IPO rather than 8% of the club PB.
It's 7.85% of the Class A shares.
So are we talking 7.85% of MUFC Plc

Or 0.785% of them? In total.

I think the later, they offered 10% of the club for sale, as Class A shares, didn't they? So if Soros has bought 8% of the class A shares then that's 8% of the 10% put up for sale rather than 8% of the club as a whole.
 
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