United Thread - 2023/24

[Prestwich_Blue]

I don’t understand the difference? The glazers shares are shares of United aren’t they?

Yes but there are two classes of shares. The Glazers hold the 'B' Class shares, which carry 10 votes per share. The rest are 'A' Class shares, which carry 1 vote per share.

Under normal circumstances if anyone outside the Glazer family buys the B Class shares, they revert to A Class shares. However Ratcliffe has bought 25% of each class of shares but with the proviso that the B Class shares he's bought retain their voting rights. So he has 25% of united shares.

The interesting thing is that he's paid $33 per share, but the shares were still being quoted at just under $20 on the NYSE. Normally you'd expect the price to reflect a significant transaction like that but it's been known about for a while and the share price has only briefly gone over $25. That tends to suggest that the market thinks Ratcliffe has overpaid. We'll see when the NYSE opens tomorrow (as Boxing Day isn't a public holiday in the USA) but I doubt it'll move much.

What's largely being ignored in this is that the Glazers apparently benefit to the tune of $900m by selling their own shares. Im guessing they won't be putting any of that into ground improvements or players.

 

[Blue Mist]

Scruffy Jim will run the footballing side of the rags.
The Glazers will run everything else.
That means that Scruffy has to go to the Glazers and ask for money to buy a player.


And he paid over a billion quid, directly to them, for that deal ! Wow, just fuckin' Wow. Nobody should ever have a go at the Glazers again.

 

[Gray]

Anyone else excited for the lashing our lovley neighbours are in for tomorrow night from the villians

You mean the side that almost lost at home to Sheffield Utd?

 

[eyalluvitt]

 

[malg]

View attachment 102403

Mate, that has made me feel so good. Took me back to the last Derby at Maine Road. Fucking Rag wankers. Two sublime finishes by the Goat that day.

 

[Prestwich_Blue]

Scruffy Jim will run the footballing side of the rags.
The Glazers will run everything else.
That means that Scruffy has to go to the Glazers and ask for money to buy a player.


And he paid over a billion quid, directly to them, for that deal ! Wow, just fuckin' Wow. Nobody should ever have a go at the Glazers again.

And hopefully at some point Scruffy Jim will want a player who the Glazers think isn't a commercial draw, and turn him down.

Or there'll be a scenario like the one that caused Baconface to walk, where they tell him they can only let him have a smaller amount than he wants, because they won't be in the CL.

Or despite him running the football side, they'll still be as shite as they are now and the majority shareholders start asking awkward question.

Hopefully it'll be a complete soap opera.

 

[eyalluvitt]

Why would a rag supporter who is a billionaire want a season ticket at Chelsea when he could go to see the rags whenever he wanted?

 

[TShed]

Wondering if Scruffy Jim can do keepey uppeys

 

[malg]

And you thought the Quee King's speech was bad!

Jesus.......fucking.........Christ.

 

[malg]

Really, really like this guy. I could have a pint with him.