As a dyed in the wool " Love Glazers Hate ManU" devotee I confess I've always viewed the sale of ManU , at the kind of price the Glazers apparently want ( £6Billion ), as extremely unlikely. Ashton's "Ministry of Truth" appear to be working overtime to keep ManU's 1.5 Billion "followers" hoping that there is light at the end of their tunnel. There are so many aspects of the bidding process that don't make sense : why so many deadlines ? After the fourth deadline Ratcliffe was given "preferred bidder" status and " would be given access to the clubs accounts". Gordon Bennet ! are these supposed bidders offering £4 Billion for the club without even seeing the accounts?
I read today that "Sheikh Jassim is now considering a bid for Tottenham !!
To progress the Rags do need to get rid of the Glazers. They need a very benevolent ( and stupid ) buyer to bail them out. It certainly won't happen in this transfer window. Why would any buyer pay £5 Billion ( supposedly the most recent bid ). Incidentally , today's share price of $23 indicates a Company Value of £3.3Billion. Prior to the offer to sell, (before speculators piled in ) the share price was $10 ( Company Value £1.5 Billion.)
Financially - the Rags are struggling ( Quarterly accounts out next week ! )
Would a buyer pay £6Billion when :
Losses have been mounting for the past 3 Years
Borrowings are soaring - there's a Billion Pounds of 3rd party debt.
Income streams have flat lined for 5 or more years.
Their main sponsor is desperately trying to get out of their commitment to the club
Last season's income will be seriously impacted by their absence from the Champions League
Highest wage bill in World Football and most players unsellable as a result.
The need to spend a Billion Pounds on a new ground
Rising interest rates and the need to refinance debt.
Little leeway for buying new players given their bank-rolling of Ten Bob ( and not forgetting Gill's FFP )
And yet my search engine news site advises me that ManU are contenders to buy 31 players ( with a transfer value of £2 Billion ! ). They include
Moses Caicedo £70M "Shock move for"
Tchouameni £70M "Vying for signature"
Declan Rice £100M "Huge bid made"
Mason Mount £60M "Terms Agreed"
Randal Kolo Muani £85M "Offer Accepted"
Harry Kane £100M "Have told Kane to ask for a transfer"
Victor Osimeni £128M "Rivalling PSG for signature"
Rico Barella £100M "Astonishing Bid"
Adrian Rabot £60M "Eager to join Utd"
Not forgetting Kylian Mbappe (£200M ) " A target - the fake Sheikh is apparently keen to sign" ( notwithstanding his interest in buying Tottenham ? )
Interesting times and never believe anything you read about ManU.