Glazer closing in on ManU ownership - Page 3

johnny · 05-15-2005, 11:03 AM

Quote:

Originally posted by Memnoch:
On another note, how does Glazer expect to get 100% control of the club if 25% of it is in the hands of supporters who hate his guts? He's bought out the big investors like McManus etc and now has close to 75% I heard. But how can he compel the remaining 25% to sell?

As far as i know he needs 90% to gain total control. Not sure how he gets it, but he's pretty determined, he's been at it for the last 4 years, so i don't think he'll give up now, wouldn't you think ? His son is gonna take care of the day to day business once it's settled, so i doubt he'll be around much himself.

Btw...have you heard about that Turkish businessman trying to become owner of Liverpool ? First thing on his agenda is change the name into Istanpool, wouldn't that be something ?

Lanesra · 05-16-2005, 09:29 AM

Quote:

Originally posted by Memnoch:
On another note, how does Glazer expect to get 100% control of the club if 25% of it is in the hands of supporters who hate his guts? He's bought out the big investors like McManus etc and now has close to 75% I heard. But how can he compel the remaining 25% to sell?

when he gets 75% he can take the shares off of the stock exchange. he can decide not to pay any dividends so the shares will just be scrap paper. when he gets 90% he can force the other 10% to sell to him at 300p per share. if they don't sell they lose all value.

i tried to speak yo donut about this but he is laughing so much i can't get any sense out of him. he just keeps chanting U-S-A! U-S-A! U-S-A!

Davros · 05-16-2005, 11:24 AM

U-S-A! U-S-A! U-S-A!

johnny · 05-16-2005, 11:59 AM

Awww look...the Frenchies are enjoying themselves.

johnny · 05-17-2005, 06:30 AM

It gets better and better

[ 05-17-2005, 06:32 AM: Message edited by: johnny ]

Memnoch · 05-17-2005, 02:19 PM

Quote:

Originally posted by Lanesra:

quote:
Originally posted by Memnoch:
On another note, how does Glazer expect to get 100% control of the club if 25% of it is in the hands of supporters who hate his guts? He's bought out the big investors like McManus etc and now has close to 75% I heard. But how can he compel the remaining 25% to sell?

when he gets 75% he can take the shares off of the stock exchange. he can decide not to pay any dividends so the shares will just be scrap paper. when he gets 90% he can force the other 10% to sell to him at 300p per share. if they don't sell they lose all value.

[/QUOTE]So basically if he controls 75% he basically owns the club, is that right? If he doesn't pay dividends, turning the remaining 25% of shares into scrap, wouldn't that lead to a revaluation of the club? Sounds kind of strange.

Charlie · 05-17-2005, 02:27 PM

F**k Man U. Welcome to the real world. Glazer is a BILLIONAIRE in his own right, he could buy and sell Man U regardless....this is his new toy.

EDIT: UP THE PALACE! (Don't forget)

[ 05-17-2005, 03:23 PM: Message edited by: Charlie ]

johnny · 05-17-2005, 02:42 PM

Quote:

Originally posted by Charlie:
F**k Man U. Welcome to the real world. Glazer is a BILLIONARE in his own right, he could buy and sell Man U regardless....this is his new toy.

You call that the real world ? Whenever some rich shmuck gets bored and decides to buy one of the world's biggest clubs, just because he can ? I think it's a nightmare.

Charlie · 05-17-2005, 03:01 PM

I think it's what happens....it's the real world, welcome. You think every club owner is there for the good of the club? I think it's something that's happened to a thousand clubs a hundred times over. Worlds biggest club...so what?

EDIT: UP THE PALACE!

[ 05-17-2005, 03:09 PM: Message edited by: Charlie ]

Bahamut · 05-17-2005, 10:07 PM

You have a point Charlie.

Reality bites.

05-16-2005, 11:24 AM	#23
Davros Takhisis Follower Join Date: January 7, 2001 Location: Mandurah, West Australia Age: 61 Posts: 5,073	U-S-A! U-S-A! U-S-A! __________________ Davros was right - just ask JD

05-16-2005, 11:59 AM	#24
johnny 40th Level Warrior Join Date: April 15, 2002 Location: Utrecht The Netherlands Age: 59 Posts: 16,981	Awww look...the Frenchies are enjoying themselves. __________________

05-17-2005, 06:30 AM	#25
johnny 40th Level Warrior Join Date: April 15, 2002 Location: Utrecht The Netherlands Age: 59 Posts: 16,981	It gets better and better [ 05-17-2005, 06:32 AM: Message edited by: johnny ] __________________

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05-17-2005, 02:27 PM	#27
Charlie Lord Ao Join Date: March 3, 2001 Location: London, England Age: 31 Posts: 2,023	F**k Man U. Welcome to the real world. Glazer is a BILLIONAIRE in his own right, he could buy and sell Man U regardless....this is his new toy. EDIT: UP THE PALACE! (Don't forget) [ 05-17-2005, 03:23 PM: Message edited by: Charlie ]

05-17-2005, 03:01 PM	#29
Charlie Lord Ao Join Date: March 3, 2001 Location: London, England Age: 31 Posts: 2,023	I think it's what happens....it's the real world, welcome. You think every club owner is there for the good of the club? I think it's something that's happened to a thousand clubs a hundred times over. Worlds biggest club...so what? EDIT: UP THE PALACE! [ 05-17-2005, 03:09 PM: Message edited by: Charlie ]

05-17-2005, 10:07 PM	#30
Bahamut Iron Throne Cult Join Date: March 12, 2001 Location: Manila, Philippines Age: 40 Posts: 4,864	You have a point Charlie. Reality bites.

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