Manchester United partial sale completed: Jim Ratcliffe acquires 27.7% share, 100% control of sporting side)

[hatterson]

If United are purchased by some middle eastern petro state, I'm out. Will be looking for a new team to cheer for.

 

[norrisnick]

Interesting... I will say I feel like United isn't as good an investment as it could've been. Anyone buying the team is going to have to dump probably close to a billion into the club to re do Carrington and Old Trafford. Even then if someone bought the club for 5bil lets say, it's going to be hard to get a good ROI on that.


Also I'm not entirely sure how it would work, but there's still ~500mil of debt saddled to the club. Definitely seems like the Glazers and FSG are getting out now that the ESL is dead in the water.

It's a vanity purchase for guys wealthy enough not to give a shit about ROI. Even then. ManU will always be a valuable dick-measuring asset for billionaires so the potential for loss isn't all that great. Barring a societal collapse and the EPL folding or whatever but then who gives a shit?

 

[Jussi]

If United are purchased by some middle eastern petro state, I'm out. Will be looking for a new team to cheer for.

Doesn't seem like the Dubai potential bid is state but rather a consortium.

 

[hatterson]

Doesn't seem like the Dubai potential bid is state but rather a consortium.

Technically neither is City, but honestly there's very little difference.

 

[Savant]

10.6B…. That’s insane.

because no one is paying 11 figures for any team. It’s unprecedented at the minimum

 

[Jussi]

Technically neither is City, but honestly there's very little difference.

Saw this posted elsewhere:

I live in Dubai and it's actually been rumoured here for a while that Dubai/Owners of Emirates Airlines were interested in buying Manchester United. The crown prince of Dubai is a well known fan of United.

So maybe not oil money but airline money?

 

[mmk786]

Saw this posted elsewhere:



So maybe not oil money but airline money?

Dubai has no oil. They make their money by being the financial hub of the gulf states.
Had to be bailed out by Abu Dhabi during the last financial crisis.

 

[hatterson]

Dubai has no oil. They make their money by being the financial hub of the gulf states.
Had to be bailed out by Abu Dhabi during the last financial crisis.

Yea that's fair, they're not a petro-state, they're a money laundering state for petro states.

 

[maclean]

Dubai has no oil. They make their money by being the financial hub of the gulf states.
Had to be bailed out by Abu Dhabi during the last financial crisis.

The latter part may be true but they do have oil as well. Not nearly as much as Abu Dhabi, but also not "no oil"

 

[nickp91]

Looks like Dubai is a serious contender to be the new owners of Manchester United

 

[Jussi]

Oh bollocks, Glazers are looking at Meta and Amazon as potential buyers...

Mike Keegan (Daily Fail):

"Those with digital expertise, such as Facebook and Amazon, are seen as credible suitors. However, sovereign states are also likely to be interested. Dubai is yet to follow Abu Dhabi (Manchester City), Qatar (Paris Saint-Germain) and Saudi Arabia (Newcastle United) and is viewed as a serious contender. Ownership of PSG is unlikely to be an obstacle for Qatar, currently hosting the World Cup, according to sources in Doha."

 

[Scandale du Jour]

Oh bollocks, Glazers are looking at Meta and Amazon as potential buyers...

While that sucks, it is much better than Dubai.

 

[Jussi]

While that sucks, it is much better than Dubai.

I'd much rather have Dubai than either of Bezos or Zuckerberg. Or he-whose-name-shall-not-be-mentioned...

 

[Duchene2MacKinnon]

While that sucks, it is much better than Dubai.

It is?

The latter part may be true but they do have oil as well. Not nearly as much as Abu Dhabi, but also not "no oil"

Mind you the issue United fans should/would (they wont) isnt oil but rather the owners regardless how they are rich.

 

[Scandale du Jour]

It is?


Mind you the issue United fans should/would (they wont) isnt oil but rather the owners regardless how they are rich.

Probably not that much now that I think about it.

I think my biggest problem is that it would de facto owned by a state.

 

[Duchene2MacKinnon]

Probably not that much now that I think about it.

I think my biggest problem is that it would de facto owned by a state.

Might as well be a state...

 

[Jussi]

 

[mmk786]

Yea that's fair, they're not a petro-state, they're a money laundering state for petro states.

Petro states dont need their money laundered.

The latter part may be true but they do have oil as well. Not nearly as much as Abu Dhabi, but also not "no oil"

Ok Mr. Absolutist.
Dubai has some oil but its economy is largely based on being a regional economic, business and trading hub.

 

[Jussi]

 

[Live in the Now]

Looks like Dubai is a serious contender to be the new owners of Manchester United

They wanted to bid for Liverpool years ago and got busted by FSG fabricating they had money that they didn't have so that would be awesome. Buy it with Monopoly money and send them broke.

 

[Tom ServoMST3K]

10.6B…. That’s insane.

Youre surprised its so high?

When the suns are gonna go for 5b, and the redskins for even more?

 

[Savant]

Youre surprised its so high?

When the suns are gonna go for 5b, and the redskins for even more?

Let’s leave the North American teams out for a minute, why is Man Utd worth more than twice Liverpool?

 

[The Abusement Park]

Let’s leave the North American teams out for a minute, why is Man Utd worth more than twice Liverpool?

United is a bigger brand than Liverpool by a bit. Liverpool is the better organization at the moment, but for all Woodwards faults he made United a commercial juggernaut.

 

[Savant]

United is a bigger brand than Liverpool by a bit. Liverpool is the better organization at the moment, but for all Woodwards faults he made United a commercial juggernaut.

Not by more than twice as much. Especially not considering the infrastructure upgrades that Utd needs

Not saying Forbes is the authority on the matter but it’s a six figure difference here

The World’s 50 Most Valuable Sports Teams 2022

The National Football League extends its financial domination while Major League Baseball fades like a late-breaking slider.

www.forbes.com

I just want to know by what metric the value is more than twice. Not even being anti-United; that figure makes zero sense to me

 

[The Abusement Park]

Not by more than twice as much. Especially not considering the infrastructure upgrades that Utd needs

Not saying Forbes is the authority on the matter but it’s a six figure difference here

The World’s 50 Most Valuable Sports Teams 2022

The National Football League extends its financial domination while Major League Baseball fades like a late-breaking slider.

www.forbes.com

I just want to know by what metric the value is more than twice. Not even being anti-United; that figure makes zero sense to me

Is it twice as much? Raine valued United at what? 5.5/6? And Forbes has Liverpool at 4.5.

The article you posted has the difference between Liverpool and United at .11bil not twice the value.