17 Aug 2022 22:11:44
Is Elon Musk buying Utd? He tweeted that, is he being serious?

1.) 17 Aug 2022
17 Aug 2022 22:25:13
No, he is joking.

2.) 18 Aug 2022
18 Aug 2022 01:15:30
K listened to a podcast earlier that said if Elon Musk if tweeting about buying Man United (even if he joking he is) he is as as aware they are for sale. If you as selling something those who can afford it will have been told. Make of it what you will.

{Ed001's Note - the podcast are talking bollox. He said it because he knew it would get him publicity on a massive scale, nothing to do with whether it was up for sale. The guy is just a publicity whore, that is why he is so rich, because he knows how to milk the limelight.}

3.) 18 Aug 2022
18 Aug 2022 01:31:08
Well good to know. I did get suspicious when he said I can't say who told me this etc. Like some CIA agent. Mind some of what he said is true. The club is rotten to the core and we have owners who are basically asset striping the club .

{Ed001's Note - the club might very well be up for sale, I don't know, but I do know Musk's tweets and they are just based on what is going to get him talked about. So it would not be because he had info the club is up for sale that he tweeted it. It would just be because United are all over the news.

The fact that Ratcliffe has gone public over his interest would suggest it is not up for sale or he would be more likely to just start discussions direct with the Glazers. He would not want to get drawn into a public auction in case it lifted the price up. No one but the Glazers would benefit from a public sale process and even they might suffer as a lot of potential buyers would not be interested in getting involved in that kind of situation.}

4.) 18 Aug 2022
18 Aug 2022 01:36:23
Oh sorry to post this again, . but had a full length conversation tonight with my mate, on who as a neutral ( he a Sunderland fan) would you choose as the manger of Man United to be your captain. Took him an age and said Varane (if he was fit for every game) it's a major issue I keep bringing up. Not one leader in the squad.

{Ed001's Note - I can't think of one either. Certainly wouldn't want Varane as a captain personally, even if fit. He has never shown an iota of leadership potential.}

5.) 18 Aug 2022
18 Aug 2022 02:08:59
I am one for a conspiracy theory, do you think the likes of the Glaziers and the billionaires of the world, help each other out. So Musk, Ratclffe ( both I don't think need publicity) discuss things like this to boost the price of what they own ( I scratch your back you scratch mind mentality) Musk does it in a way he always wins in the long-term. I personally think football will turn out like the NBA and do drafts for players. It certainly needs something (been a united fan would love to win every year) but some leagues (Scottish, French, German) these leagues have the same top two every year, I know this happened before, I just can't see any European league having any other top 3 each season for a long long time. The money gap is bigger than ever.

{Ed001's Note - quite the opposite. Most of them see each other as rivals.}

6.) 18 Aug 2022
18 Aug 2022 07:47:18
Kev that would be stock manipulation and illegal. Musk likes to insert himself in whatever is the hot topic. He is brilliant at what he does but also a wind up merchant who gets a kick by the media frenzy when he says something.

7.) 18 Aug 2022
18 Aug 2022 08:35:45
ED001

If it was for sale it would definitely be run like an auction. That's how you get the best valuation and bids. we do this very often and just got chopped on something unrelated to football in the penultimate round. There were 4 rounds and each round bidders got dropped based on their bids and attached conditions. its going to PIF's from what I understand.

The Glazers are poor owners in terms of knowing how to run a football club and the structure they have put in but when it comes to something like this I suspect pretty smart and will not leave anything on the table.

I personally think getting PE firms involved in football clubs is a terrible idea because of how we look at deploying capital and the end goals, which is generally an exit date where you think you are at max profitability and get max valuations and payout since your capital raise from investors always has a redemption period.

{Ed001's Note - I very much doubt anyone would get involved in an auction like that for Manchester United, due to the emotional attachments people have to clubs. It will be similar to the way they bought it themselves - someone coming in and just hoovering up all the shares they can get and gradually picking off direct from the Glazers as they look for funds for other projects.}

8.) 18 Aug 2022
18 Aug 2022 09:55:28
Ed- do you think that is the way in for someone like Ratcliffe? Buy a stake now and just through time gradually add and eventually take them over?

Obviously lots of others could do it but he’s the only real name I’ve seen so far.

{Ed002's Note - No. If Jim Ratcliffe wants to take over he will enquire about availability and then put together a formal offer.}

9.) 18 Aug 2022
18 Aug 2022 10:10:25
Thanks Ed.

10.) 18 Aug 2022
18 Aug 2022 12:02:38
ED002,

Would Utd a good buy for any prospective new owner (s) given the work required at OT and at Carrington etc. Of course this may well be potentially covered in the offer made to the Glazers, to reflect the costs needed for the additional upgrades etc.

Thanks.

{Ed002's Note - It would depend on the price and who is interested in buying the club.}