I am interested in the answers to this question:
"Not sure this is something that the fans have considered, but could it be it is the silent 31% who are making a sale difficult, by holding out for their share of any future £10bn buyout?
It's possible the Glazer refuse to give up their collective majority ownership by selling 25% of their share, leaving them with just 44% to Ratcliffe (25%) and the silent 31% (combined 56%)
Seems odd Ratcliffe wouldnt buy the 31% out first if they were willing to sell. Their 31% on top of any shares the individual Glazers were prepared to sell would surely make him the biggest single shareholder.
Surely a near 40% Ratcliffe ownership or combined 56% ownership would mean the Glazers would be unable to add any further debt, take dividends or control how any future investment was allocated."
31%
posted on 16/10/23
comment by Irishred (U2539)
posted 51 seconds ago
comment by RB&W - Whiteside has done it again (U21434)
posted 13 minutes ago
Si is RDD Bibby Smalls today?
----------------------------------------------------------------------
Si Senor
----------------------------------------------------------------------
Grassy Ass. Its good to know.
posted on 16/10/23
Seems nobody is able to contemplate it might not be the big bad Glazers holding any sale up.
posted on 16/10/23
Manchester United is 74.79% owned by retail investors and 25.21% by institutional shareholders.
My understanding is that voting rights are split by type of shares, and that's how Glazers hold the extra voting rights.
I'm unsure whose shares are being sold, but the "silent" 31%, you'd have to assume are the institutional shareholders.
However, usually in these situations, as the Glazers have ultimate voting rights I believe they've the power to force a full sale via a vote in the boardroom.
posted on 16/10/23
comment by Busby (U19985)
posted 43 minutes ago
Manchester United is 74.79% owned by retail investors and 25.21% by institutional shareholders.
My understanding is that voting rights are split by type of shares, and that's how Glazers hold the extra voting rights.
I'm unsure whose shares are being sold, but the "silent" 31%, you'd have to assume are the institutional shareholders.
However, usually in these situations, as the Glazers have ultimate voting rights I believe they've the power to force a full sale via a vote in the boardroom.
----------------------------------------------------------------------
So in short, the silent 31% can't hold up the sale and it is the Glazers.
I mean, if it was any different then we would have heard about this via the press already.
posted on 16/10/23
comment by Elvis (U7425)
posted 32 minutes ago
comment by Busby (U19985)
posted 43 minutes ago
Manchester United is 74.79% owned by retail investors and 25.21% by institutional shareholders.
My understanding is that voting rights are split by type of shares, and that's how Glazers hold the extra voting rights.
I'm unsure whose shares are being sold, but the "silent" 31%, you'd have to assume are the institutional shareholders.
However, usually in these situations, as the Glazers have ultimate voting rights I believe they've the power to force a full sale via a vote in the boardroom.
----------------------------------------------------------------------
So in short, the silent 31% can't hold up the sale and it is the Glazers.
I mean, if it was any different then we would have heard about this via the press already.
----------------------------------------------------------------------
They can refuse to sell their shares.
If they do, the Glazers then have to decide if they wish to cash in, but in doing so, relinquish their controlling share (69% found to 44%)
posted on 16/10/23
comment by Bibby Smalls (U22987)
posted 19 minutes ago
comment by Elvis (U7425)
posted 32 minutes ago
comment by Busby (U19985)
posted 43 minutes ago
Manchester United is 74.79% owned by retail investors and 25.21% by institutional shareholders.
My understanding is that voting rights are split by type of shares, and that's how Glazers hold the extra voting rights.
I'm unsure whose shares are being sold, but the "silent" 31%, you'd have to assume are the institutional shareholders.
However, usually in these situations, as the Glazers have ultimate voting rights I believe they've the power to force a full sale via a vote in the boardroom.
----------------------------------------------------------------------
So in short, the silent 31% can't hold up the sale and it is the Glazers.
I mean, if it was any different then we would have heard about this via the press already.
----------------------------------------------------------------------
They can refuse to sell their shares.
If they do, the Glazers then have to decide if they wish to cash in, but in doing so, relinquish their controlling share (69% found to 44%)
----------------------------------------------------------------------
That isn't how the stock market works, if you own a share the board decide to sell, your shares are sold.
One of he main roles of the board of directors is to protect the interests of shareholders and stakeholders and that includes maximising value on any investment.
One of the first things investors will look at is the boards competency.
posted on 16/10/23
comment by Busby (U19985)
posted 5 minutes ago
comment by Bibby Smalls (U22987)
posted 19 minutes ago
comment by Elvis (U7425)
posted 32 minutes ago
comment by Busby (U19985)
posted 43 minutes ago
Manchester United is 74.79% owned by retail investors and 25.21% by institutional shareholders.
My understanding is that voting rights are split by type of shares, and that's how Glazers hold the extra voting rights.
I'm unsure whose shares are being sold, but the "silent" 31%, you'd have to assume are the institutional shareholders.
However, usually in these situations, as the Glazers have ultimate voting rights I believe they've the power to force a full sale via a vote in the boardroom.
----------------------------------------------------------------------
So in short, the silent 31% can't hold up the sale and it is the Glazers.
I mean, if it was any different then we would have heard about this via the press already.
----------------------------------------------------------------------
They can refuse to sell their shares.
If they do, the Glazers then have to decide if they wish to cash in, but in doing so, relinquish their controlling share (69% found to 44%)
----------------------------------------------------------------------
That isn't how the stock market works, if you own a share the board decide to sell, your shares are sold.
One of he main roles of the board of directors is to protect the interests of shareholders and stakeholders and that includes maximising value on any investment.
One of the first things investors will look at is the boards competency.
----------------------------------------------------------------------
The fact that absolutely nowhere is reporting that the silent 31% are refusing to sell should tell you all you need to know.
posted on 16/10/23
"The fact that absolutely nowhere is reporting that the silent 31% are refusing to sell should tell you all you need to know."
True.
posted on 16/10/23
comment by Elvis (U7425)
posted 4 hours, 24 minutes ago
comment by Busby (U19985)
posted 5 minutes ago
comment by Bibby Smalls (U22987)
posted 19 minutes ago
comment by Elvis (U7425)
posted 32 minutes ago
comment by Busby (U19985)
posted 43 minutes ago
Manchester United is 74.79% owned by retail investors and 25.21% by institutional shareholders.
My understanding is that voting rights are split by type of shares, and that's how Glazers hold the extra voting rights.
I'm unsure whose shares are being sold, but the "silent" 31%, you'd have to assume are the institutional shareholders.
However, usually in these situations, as the Glazers have ultimate voting rights I believe they've the power to force a full sale via a vote in the boardroom.
----------------------------------------------------------------------
So in short, the silent 31% can't hold up the sale and it is the Glazers.
I mean, if it was any different then we would have heard about this via the press already.
----------------------------------------------------------------------
They can refuse to sell their shares.
If they do, the Glazers then have to decide if they wish to cash in, but in doing so, relinquish their controlling share (69% found to 44%)
----------------------------------------------------------------------
That isn't how the stock market works, if you own a share the board decide to sell, your shares are sold.
One of he main roles of the board of directors is to protect the interests of shareholders and stakeholders and that includes maximising value on any investment.
One of the first things investors will look at is the boards competency.
----------------------------------------------------------------------
The fact that absolutely nowhere is reporting that the silent 31% are refusing to sell should tell you all you need to know.
----------------------------------------------------------------------
Because anything anti Glazer is lapped up. They know nothing about what's going on.
posted on 16/10/23
comment by Busby (U19985)
posted 5 hours, 8 minutes ago
comment by Bibby Smalls (U22987)
posted 19 minutes ago
comment by Elvis (U7425)
posted 32 minutes ago
comment by Busby (U19985)
posted 43 minutes ago
Manchester United is 74.79% owned by retail investors and 25.21% by institutional shareholders.
My understanding is that voting rights are split by type of shares, and that's how Glazers hold the extra voting rights.
I'm unsure whose shares are being sold, but the "silent" 31%, you'd have to assume are the institutional shareholders.
However, usually in these situations, as the Glazers have ultimate voting rights I believe they've the power to force a full sale via a vote in the boardroom.
----------------------------------------------------------------------
So in short, the silent 31% can't hold up the sale and it is the Glazers.
I mean, if it was any different then we would have heard about this via the press already.
----------------------------------------------------------------------
They can refuse to sell their shares.
If they do, the Glazers then have to decide if they wish to cash in, but in doing so, relinquish their controlling share (69% found to 44%)
----------------------------------------------------------------------
That isn't how the stock market works, if you own a share the board decide to sell, your shares are sold.
One of he main roles of the board of directors is to protect the interests of shareholders and stakeholders and that includes maximising value on any investment.
One of the first things investors will look at is the boards competency.
----------------------------------------------------------------------
The board can't decide to sell 1 particular Investors shares