Malcolm Glazer has launched a formal takeover bid for Manchester United
after buying the 28.7% stake of Irish racing tycoons JP McManus and John
Magnier (wonder how much did they make out of that - hope that have to pay capital gains).
Glazer has now launched an offer for the rest of the shares, valuing the club at £760million.
The purchase of the major shareholders' stake was Glazer's biggest obstacle
and with that out of the way, he is closer than ever to gaining control of
Old Trafford.
I'm not giving him mine
Cork City: Making 'Dream Team' seem realistic since 2007.
Roll on the cheerleaders and half-time shows. Monster trucks anyone?
Ceci n'est pas une signature
So the tax dodging b*stards sell up. No surprise for the money grabbing tw*ts....
btw Bring on FC United in the Northern Counties....
Last edited by Macy; 12/05/2005 at 2:19 PM.
If you attack me with stupidity, I'll be forced to defend myself with sarcasm.
He's obviously made them a very good offer, they're businessmen at the end of the day not loyal supporters so what did ye expect. Bad news for ye I thinkOriginally Posted by Macy
sh1t thats terrible news
Has that club actually been formed?
Or is it a case of only if/when Glazer takes over?
Ceci n'est pas une signature
This is terrible news.
FC United???
I'll believe it when I see it.
Too many glory hunter supporters for that to happen
Great day for football in Manchester....
Good man Malcy...
Psycho's Blue & White Army
It is for an if/when Glazer takes over worst case scenario..
He still only has 58% or something, needs 75% plus one share to take control.
My thoughts exactly. I'd look forward to scoffing about the standard of football the barstoolers would have to watch under that scenario. I'll ask them why they don't come down to Belfield to watch some 'real' football.
I heard Cantona and Solsjkaer would play for them for a season.
They might be business men, they're also tax dodgers....He's obviously made them a very good offer, they're businessmen at the end of the day not loyal supporters so what did ye expect. Bad news for ye I think
If you attack me with stupidity, I'll be forced to defend myself with sarcasm.
Yup the irish state won't see a cent of their share profits & we already don't see a cent out of their stuf business profits. If that wasn't bad enough the irish state subsidises the horse racing prizes we in the irish state is probably a net contributer to theoir fortunes.
The barstoolers couldn't win then hey?
scoffed at if they stopped watching utd. scoffed at if they continued watching the poor standard stuff.
ye should just let it go lads................
I thought you were off the drink Ronnie?
"No, I drink to help me mind my own business....can I get you one? (c) Ronnie Drew
FC United will still win a major trophy before you liars - FACT.
Good man Malcy...
Psycho's Blue & White Army
If you attack me with stupidity, I'll be forced to defend myself with sarcasm.
This is depressing:
http://news.bbc.co.uk/1/hi/business/4540939.stm
Didn't realize that at 90% he can just take the shares off you for the takeover price.
you live by the sword, you die by the sword. It was only a matter of time before something like this happened. I feel sorry for the true MUFC fans, but with the greedy money-grabbing nature of the premiershi*, someone was bound to look for a share of the profits.
You're right to a certain extent - can all be traced back to that cúnt Martin Edwards, and the timing and price of the original sale... Although there is a misconception - being a plc took money out of the club every season....
If you attack me with stupidity, I'll be forced to defend myself with sarcasm.
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